In my previous posts I discussed trends impacting governance. In my next few posts I will cover trends in governance – the first of which is Interest from Leadership.
Governance is being discussed in the C-suite as a business imperative to the success and growth of a company. As the “Information as an Asset” takes hold, leadership is beginning to not only accept, but demand, that Governance be applied to ensure the integrity and value of this asset is maintained.
Governance often comes up whenever leadership is asked about some of the more critical capabilities that an organization must possess. This is often driven by regulatory and compliance concerns, but as analytics become more essential to business and clinical decisions – as well as the recognition of information as an asset – the need for quality, integrity, and timeliness of the information is also driving this recognition of governance’s importance.
The industry, from vendors to advisory services such as Gartner and Forrester Research, is also contributing to heightened C-suite awareness as it continues to emphasize that truly reliable information in the era of Big Data and multiple disparate source systems can only be obtained through the application of a robust governance program. However, this does not mean that the governance program’s work is done and that there is clear sailing ahead. Even though there is awareness within executive leadership, misunderstandings still persist.
To learn more about this trend and the other trends impacting healthcare governance, download our recent guide, Healthcare Governance, Trends to Watch.