DATA POLICY LIFE CYCLE AND MANAGEMENT Data Policy Life Cycle and Management This suggests that operational data governance imposes a life cycle for the definition and implementation of data policies, Fig shows broad overview of this life cycle. By necessity, operationalizing compliance for data policies involves four stages: 1. Policy definition and approval: Business analysts must always be alerted to the introduction of business policies that imply a need for data governance. \ Business policies can be imposed from outside the organization, such as regulatory compliance, industry standards, or extra-enterprise systemic interoperability requirements. Business policies may also be imposed internally, based on generally accepted operating principles, compensation/benefit programs, supplier management practices, contractor management, among other examples. 2.Policy implementation The data and system analysts will then review the business processes ...