Data Stewardship for Utility Companies

Data stewardship incorporates all the practices to ensure that data is accessible, usable, protected, and trustworthy. Data stewards oversee the processes that guide effective controls and uses of data assets. In this data-driven age, the activities of active data stewardship are becoming increasingly important. Rapid expansion of data volumes, data variety, number of users, and number of use cases brings corresponding growth of data opportunities and data risks. Data stewardship is a core competency and an essential data governance capability for modern, data-driven organizations. It is central to value creation and risk management activities with data. Effective data stewardship requires the right knowledge and skills for data stewardship program management, data steward collaboration, and day-to-day data management practices. Discussions based on the utility industry are provided throughout the course to explore common challenges. Examples for break-out sessions will be selected from areas such as regulatory compliance, customer billing, asset management or grid operations.