Data hk refers to information that comes from both internal and external sources, used to give an accurate and comprehensive picture of business operations. Data hk helps provide a more accurate and thorough understanding of an organisation’s situation by providing more accurate insights, opportunities and challenges within an organisation, strategic decisions made based on these insights, environmental changes monitored over time and improved decision-making enhanced efficiency and reduced operational risk. Data hk reports can include line graphs, cross sectional plots or maps to give visual presentations for its findings and analyses reported through various modes like line graphs or cross sectional plots or maps for analysis and reporting purposes.
Hong Kong’s Personal Data (Data Protection) Ordinance (“PDPO”) regulates personal data protection through six data protection principles and its data transfer provisions, designed to prevent unauthorised access, processing, erasure, loss or use of personal data and the disclosure without consent.
Data Governance
To implement an effective data governance program, it is essential that you create both a vision and business case that outline where your program should go and articulate specific opportunities that you wish to address. Furthermore, you will need a roadmap outlining policies, roles and technologies necessary for supporting that business case.
Management of a data governance program involves many individuals both inside and outside an organization, each contributing their opinions to its outcome. Therefore, it’s critical that their opinions are organized and managed effectively; one way of doing this is using a responsibility assignment matrix such as RACI (responsible, accountable, consulted and informed). This ensures that only those needed for the process participate and that contributions made are documented appropriately.