An effective EIG program therefore has the capacity to resolve issues related to data right at the source rather than wait for the downstream process. This is possible by identifying the source of errors and causes with the help of effective deployment of data quality monitoring system, reconciliation system, controls and audit.

EIG Objectives

One of the main goals of an EIG program is to improve the quality of corporate information. This ensures enhanced business performance with better management and monitoring. Apart from these, there are certain specific goals and objectives of an EIG program which includes

• Identification of enterprise information assets on which further investments are required, designing a model for supporting and governing the information and assessing the quality of data required for the assets. 

• Tracing and reconciling data from or to the source with the help of the SRCF or Source to report control framework. This pilot system helps in providing information transparency. 

• Data stewardship model ensures that the owner of the reporting metrics and data assets are responsible for setting of standards, quality validation and usage approval. 

• To ensure excellent investment value, defining a process to prioritize and fund the right information technology projects. 

• Enhancing the value of enterprise information asset of a company by using a flexible framework. The flexible framework ensures that it can accommodate any unexpected changes in business structure. 

• Skilful definition of technology, organization and EIG processes. 

• With the help of a method, keeping track of the values including earnings and savings made from the EIG program.

A unique multiple component frameworks has been developed to skilfully integrate the designing and implementation of a project which shows value of business governance to the sound design principles. This has been designed by Deloitte Consulting in a bid to help companies achieve their objectives.