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What is the difference between information owner and business owner?

Published in Business 2 mins read

The difference between an information owner and a business owner lies in their responsibilities and roles within an organization.

Business Owner

  • A business owner is the individual or group responsible for the overall success and operation of a company.
  • They are responsible for setting strategic direction, managing finances, making key decisions, and ultimately accountable for the business's performance.
  • They have broad authority and are often involved in all aspects of the business.

Information Owner

  • An information owner, on the other hand, is responsible for specific data assets within an organization.
  • They are experts on the information they manage, including its purpose, value, and security.
  • Their role is to define policies for data management, ensure data quality, and protect sensitive information.

Key Differences:

  • Scope: Business owners focus on the entire business, while information owners focus on specific data sets.
  • Responsibility: Business owners are responsible for overall success, while information owners are responsible for data integrity and security.
  • Authority: Business owners have broader authority, while information owners have specific authority over their data assets.

Example:

Imagine a company that sells software. The business owner is responsible for setting the company's overall strategy, managing finances, and ensuring the company's success. The information owner for customer data would be responsible for ensuring that customer information is accurate, secure, and used appropriately.

In summary: Business owners are responsible for the overall success of the business, while information owners are responsible for the management and security of specific data assets.

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