ISO 38505 aims to help governing bodies (such as boards of directors and executive committees) evaluate, direct, and monitor the use of data within their organizations. It treats data not merely as an operational cost center, but as a critical economic asset that carries unique risks and opportunities. 2. Core Principles of Data Governance under ISO 38505
While IT governance focuses on hardware and software networks, ISO 38505 focuses specifically on data as a strategic business asset. It helps organizational leaders evaluate, direct, and monitor data use to ensure it aligns with business goals, legal obligations, and ethical expectations. The standard is divided into two primary parts:
ISO 38505 is an international standard developed by the International Organization for Standardization (ISO). It extends the core principles of IT governance found in ISO/IEC 38500 to the specific domain of data. The standard is divided into two primary parts:
ISO/IEC 38505 series provides a comprehensive framework for the governance of data
Data acquisition—whether through internal generation, purchasing third-party datasets, or web scraping—must be intentional and cost-effective. Organizations should only acquire data that serves a specific business purpose and can be managed within safe risk parameters. 4. Performance iso 38505 pdf
As data grows in volume and complexity, proper governance is not optional—it is a competitive necessity. ISO/IEC 38505 provides the necessary framework for turning data into a safe, valuable corporate asset. By implementing these standards, organizations can ensure that their data usage is effective, efficient, and acceptable.
The ISO 38505 series is not a single document, but a suite of standards designed to guide organizations in governing their data assets. Think of it as the official "rulebook" for data governance, providing a strategic framework to ensure data is used effectively, efficiently, and acceptably. It is a critical component of the broader IT governance landscape, derived from the principles of ISO/IEC 38500 .
[Governing Body] ──(Directs Policies)──> [Data Stewards] ──(Executes Operations)──> [Data Assets] ▲ │ └──────────────────────────────(Monitors & Audits)────────────────────────────────┘ Step 1: Secure Executive Buy-In
data (the technical storage and movement), they often neglect it (the strategic direction and oversight). ISO/IEC 38505-1 ISO 38505 aims to help governing bodies (such
Draft comprehensive data policies based on the standard. These should dictate data retention schedules, classification schemes, security protocols, and ethical guidelines for data utilization and AI deployment. Step 5: Implement Monitoring Mechanisms
Implementing ISO 38505 requires a top-down approach that bridges executive leadership with technical data teams.
I can provide a tailored designed for your specific business environment. Share public link
ISO 38505 establishes a foundational framework requiring leadership to adopt six core principles for good data governance: Core Principles of Data Governance under ISO 38505
The standard is built upon six core principles that guide the governing body’s decision-making process:
Data should enhance organizational performance, quality, and decision-making.
Understanding ISO 38505: The Definitive Guide to Data Governance