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Ormiston Academies TrustOrmiston Venture Academy Records Retention policyPolicy version control Policy typeStatutoryAuthorAlexandra Coughlan OAT Data Protection and Complaints ManagerIn consultation
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01
Define the objectives and goals for the data strategy
02
Identify the data sources and types of data needed
03
Establish data governance policies and procedures
04
Create a data management plan including data collection, storage, and analysis processes
05
Implement data security measures to protect sensitive information
06
Monitor and assess the effectiveness of the data strategy regularly

Who needs data strategy and information?

01
Businesses and organizations looking to improve decision-making processes
02
Data analysts and data scientists analyzing large volumes of data
03
IT departments managing data infrastructure and systems
04
Government agencies and regulators requiring data compliance and transparency
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Data strategy refers to the plan and framework an organization develops to manage its data assets, ensuring that data is collected, stored, analyzed, and utilized effectively. Information refers to the processed data that is meaningful and useful for decision-making.
Organizations that collect, manage, or analyze significant amounts of data, particularly those subject to legal regulations concerning data privacy and security, are typically required to file data strategy and information.
To fill out data strategy and information, organizations should follow prescribed guidelines, which usually involve detailing their data collection methods, storage solutions, analysis techniques, and governance practices, while ensuring compliance with relevant regulations.
The purpose of data strategy and information is to ensure that organizations leverage data effectively to drive decision-making, enhance operational efficiency, and comply with legal and ethical standards.
Organizations must report data related to their data governance framework, information lifecycle management, data quality processes, security measures, and compliance with applicable laws and regulations.
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