Abstract
In a modern organization, IT and digital data have transformed from being functional resources to integral elements of business strategy. Against this background, our article addresses corporate governance of digital data in general and that of aging societies in particular. To describe the role of executives and managers in data governance, we first review the corporate and IT governance literature. We then propose a theoretical framework for the governance of data: a novel construct. We apply the framework to the governance of aging societies related data, that is, to answer the question of how best to manage the provision of services to citizens with digital data enablement and support. We also disclose the results from two recent surveys, with 212 and 68 respondents respectively, on the business significance of data governance. The survey results reveal that good governance of data is considered critical to organizations. As concluding remarks, we discuss the significance of our results, our contributions to research, the limitations of our study and its managerial implications.
Highlights
The motivation for this article comes from early-phase research on how to govern aging societies with the help of information technology (IT) and digital data
Our interest lies in the governance of data in a specific context, we believe that the governance of data for aging societies is fundamentally similar to the governance of data in any other context
This paper has proposed a framework for the corporate governance of digital data
Summary
The motivation for this article comes from early-phase research on how to govern aging societies with the help of information technology (IT) and digital data. Healthcare, social welfare, finance and other professions providing services to (elderly) citizens need good quality data in their work. Cooperation between healthcare, service providers and citizes and mechanisms to ensure the (medically required) reliability of this data are needed to achieve data interoperability and integration to the medical and social welfare databases created by professionals. The young elderly travel and consume cultural services and they may continue to work in some way, participate in societal activities and spend time with their grandchildren, friends, etc As they age, they start to need more support and care service provision.
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