Feb 16, 20228:42 PM - bearbeitet Feb 23, 202210:17 AM
HubSpot Employee
How do YOU define process definition, data governance, and tech stack management?
You've probably heard it said a million times that data-driven decisions are the best decisions. However, creating and keeping good data isn’t always an easy thing to come by.
There are three main areas you need to invest in if you're going to have good data: process definition, data governance, and tech stack management.
How do YOU define process definition, data governance, and tech stack management?
How do YOU define process definition?
Process definition involves clearly outlining and documenting the workflows, roles, and steps required to complete specific tasks or achieve objectives. It ensures consistency, repeatability, and efficiency across teams.
How do YOU define data governance?
Setting rules for data entry, storage, and access.
Defining ownership and accountability for data maintenance.
Ensuring compliance with legal and organizational standards.
How do YOU define tech stack management?
Choosing tools that align with business goals and processes and ensuring system integrations to eliminate silos and promote data consistency. Regularly auditing and optimizing the stack for performance and scalability.
How do YOU define process definition, data governance, and tech stack management?
Process definition: Clearly outlining the steps and roles involved in gathering, managing, and using data to ensure consistency and efficiency.
Data governance: Establishing policies, standards, and controls to ensure data accuracy, privacy, security, and compliance across an organization.
Tech stack management: Overseeing the selection, integration, and maintenance of technology tools to support data collection, storage, and analysis effectively.
How do YOU define process definition, data governance, and tech stack management?
1. Process Definition: It can be define as the strategy put in place for the whole company towards agreeing, how to measure the success, manage the customers and revenue accross all of the stages that they need to go through. If processes aren't well defined, it can mean accelerating in the wrong direction.
2. Data Governance: It can be define as an internal framework that manages the availability, usability, integrity & security of data and that establishes data standards & policies that control access to data.
In summary, Data Governance means what kind of framework to put in place to make sure the data is clean and trusted at the end of the day.
3. Tech Stack Management can be described as a way of tracking leads and opportunities. It helps to create visibility into how data and revenue moves through the organization.
How do YOU define process definition, data governance, and tech stack management?
1. Process Definition: identifying and outlining the steps and strategies in place that guide a company's actions.
2. Data Governance: cleaning, auditing, and maintaining information so that all systems are updated simultaneously for all users.
3. Tech Stack Management: the process of auditing, integrating, and optimizing various platforms that work together or standalone to deliver on process requirements.
How do YOU define process definition, data governance, and tech stack management?
1. Process Definition: It can be define as the strategy put in place for the whole company towards agreeing, how to measure the success, manage the customers and revenue accross all of the stages that they need to go through. If processes aren't well defined, it can mean accelerating in the wrong direction.
2. Data Governance: It can be define as an internal framework that manages the availability, usability, integrity & security of data and that establishes data standards & policies that control access to data.
In summary, Data Governance means what kind of framework to put in place to make sure the data is clean and trusted at the end of the day.
3. Tech Stack Management can be described as a way of tracking leads and opportunities. It helps to create visibility into how data and revenue moves through the organization.
How do YOU define process definition, data governance, and tech stack management?
1. Process Definition: It can be define as the strategy put in place for the whole company towards agreeing, how to measure the success, manage the customers and revenue accross all of the stages that they need to go through. If processes aren't well defined, it can mean accelerating in the wrong direction.
2. Data Governance: It can be define as an internal framework that manages the availability, usability, integrity & security of data and that establishes data standards & policies that control access to data.
In summary, Data Governance means what kind of framework to put in place to make sure the data is clean and trusted at the end of the day.
3. Tech Stack Management can be described as a way of tracking leads and opportunities. It helps to create visibility into how data and revenue moves through the organization.
How do YOU define process definition, data governance, and tech stack management?
Process Definition:
Process definition requires that the fundamental building blocks of the process are in place. Often these can include somewhat manual steps as you are really just trying to get the process from point A to point B. It is very useful to map the process out on a process map, and from there you can work to automate data capture or any other tasks that are repeatable.
Data Governance: the rules and regulations around who can view and access what data. It is not always appropriate for a BDR to be able to access the TCV of contracts in the quarter. Especially in a high growth setting, this may lead to confusion and otherwise more friction. Further, there may be some sensitive information that is sensitive. Governance also defines the rules that govern the structure of the data, so that data capture may be optimized and everyone fits into the same data model.
Tech stack management: This means managing the active tech stack utilized for business processes. This means understanding utilization, cost, and value that is associated with each tool. The tech itself is important to reach a specific goal, however tech alone will not solve a process based or data governance based issue.
How do YOU define process definition, data governance, and tech stack management?
Process definition: What do you need to do to move the customer through the different phases and generate revenue. What data do you need to be able to do that? Data governance: What are the definitions for the different data points, how is it collected and how is it reported on? Tech stack management: What tools do you need to enable the processes and how fully or deeply do they integrate to allow the flow of the needed data?
How do YOU define process definition, data governance, and tech stack management?
Process, data, and technology—form a collaborative framework designed to synergistically support and enhance each other, creating a robust foundation for achieving strategic goals.
How do YOU define process definition, data governance, and tech stack management?
The three steps or pillars of systems management (process, data and technology) can be best defined as a collaborative support mechanism towards meeting a broader goal or objective, usually tied to attaining revenue or a growth objective for a company.
Process Definition – What is your goal and how do you want to get there?
Data Governance – What’s the data available and what’s missing in order to draw a pathway towards a SMART (Specific, Measurable, Attainable, Realistic and Time Bound) goal
Tech Stack Organization – How can a specific tool set or a system bring the necessary capability required to meet your goal defined in the first place?
To summarize, always start with the goal or value in mind before starting with the process, data identification and investing in tech.
How do YOU define process definition, data governance, and tech stack management?
Process definition: is the first step in the System Management for Rev ops. Means clearly outlining how tasks are done, providing a structured framework.
Data Governance: is an internal framework that manages the availability, usability, integrity and security of data and that establishes data standards and policies that control access to data.
Tech Stack Management: is the CRM software platforms will help you improve your company process and customer experience.