Leadership Briefing: Data Is the New Liability Without Governance with Richard Doran Guest: Richard Doran, Founder & CEO, Sierra ITS Host: Alex Jarett, Founder, Technology Executives Club® In this Leadership Briefing, Richard Doran explains why data without governance has shifted from being an asset to becoming a liability for modern organizations. Richard reframes the long-standing phrase “data is the new oil,” arguing that today data is closer to uranium — extremely powerful when controlled, but explosive when ignored. As AI adoption accelerates and organizations collect increasing volumes of information across ERPs, IoT systems, spreadsheets, and data lakes, unmanaged data introduces operational, reputational, and compliance risk. He discusses how volume without control equals exposure, and why even a single unmanaged spreadsheet can create legal or regulatory consequences. Rather than viewing governance as red tape, Richard explains how structured data governance frameworks build trust with boards, regulators, partners, and executive leadership. The conversation also explores how AI amplifies both value and risk. AI systems not only consume data but generate more of it, increasing the urgency for accountability, access controls, and unified data practices. Richard shares a real-world example of an organization struggling with inconsistent data practices across departments, with no single source of truth. By introducing experienced data governance leadership, building a unified framework, and training teams on accountability, the company significantly reduced audit findings, improved reporting accuracy, and regained confidence with regulators and its board. He also emphasizes that technology alone is not the solution. Tools can automate policy enforcement, but trained employees and clearly defined accountability are what prevent misuse and breaches. People, he notes, are the real firewall. This conversation provides practical insight for Technology Leaders who recognize that AI and data initiatives must be built on a deliberate governance foundation in order to scale safely and successfully. Topics Covered: * Why “data is the new oil” no longer reflects today’s risk environment* How AI accelerates both insight generation and exposure* The connection between governance, trust, and executive confidence* Why inconsistent data practices create audit and reporting challenges* The role of trained talent and accountability in preventing data misuse* How governance frameworks enable faster transformation after implementation Learn more about Richard and see all of his briefings on his Board of Advisor channel here: https://www.technologyexecutivesclub.com/advisory-board-Richard-Doran This Leadership Briefing was hosted by Alex Jarett, Founder of Technology Executives Club®, the GTM Thought Leadership platform for Tech Business Leaders and Technology Leaders. Visit https://www.technologyexecutivesclub.com/discoverycall to learn how you can be featured.
