Data Governance in Hong Kong

Data hk is information that can be linked back to an identifiable individual, such as their name or telephone number. It is used by businesses to make better informed business decisions. It can help them identify new opportunities, improve customer service and measure marketing effectiveness. Data hk can also be used by government agencies to plan policy and services for the community.

Companies that collect data hk should ensure their processes comply with the Hong Kong Personal Data Protection Policy (PDPO). This includes ensuring that the information collected is necessary for the purpose it was collected, and that the amount of data gathered is not excessive for that purpose. It should also be stored securely, and not made available to any unauthorized person. This applies even when the company transfers data outside of Hong Kong.

Increasingly, businesses are collecting and processing data hk to deliver better products and services to their customers. However, if that data is not managed correctly, it could have a negative impact on the company’s reputation. This is particularly the case if it is used for direct marketing. The recent furore over the Octopus rewards scheme has exposed the lax practices of many Hong Kong companies in relation to data protection.

A good data governance program starts with a clear vision and a strong business case. The vision spells out the broad strategic objective of the program, while the business case outlines the specific opportunities that it will deliver. The business case should be actionable, and should specify the actual people (roles), technologies and processes that will support the program.

The data governance team should include business and IT subject matter experts. The best candidates are experienced business analysts who can act as communication bridges between the two sides. The team should also have a project manager to coordinate tasks, assign responsibilities and communicate decision-making. They can also use a responsibility assignment matrix such as the RACI model, which stands for responsible, accountable, consulted and informed.