What is Information Governance?

What Is Information Governance?

Information Governance is the overarching strategy that connects together all of the diverse disciplines that leverage organizational information. Information Governance is the bridge between Records Management and Data Science, between Process and Policy, between collaboration and security. Information Governance is the umbrella that covers all organizational information. Information Governance balances the value of information with the risk that information poses; it determines the people, the resources, the processes, the functions, the organization, and the technology requirements of organizational information.

Increasing the value of information

In a recent study, nearly one-half of respondents said that their organizations "do not treat information as an asset." So it should come as no surprise that that same study also found that over 3/4s of respondents had a hard time finding information in their organizations. Without a comprehensive and organizational-wide strategy, companies are delegating that responsibility to their various departments and employees, the result of which is abysmal findability of information along with an increase in security concerns.

While companies are beginning to spend significant amounts of money on Big Data and Data Science initiatives, it is Information Governance that enables those projects to become more cost-effective and successful. Underlying information strategy enables companies to increase their information value.
Decreasing information risk

Privacy and security remain top concerns for executives today. While technology continues to be implemented in attempts at securing organizations, the underlying problem of making the right information available to the right people at the right time remains elusive. Securing highly sensitive materials must be enabled through better information structure and organization. Information Governance enables this.

For privacy concerns, with new regulations coming in the US and across the globe - understanding the PII (personally identifiable information) footprint of your organization is critical. Responding to privacy requests and ensuring compliance are enabled by the information policies of Information Governance.

What Is Information Governance?

Why does Information Governance matter?

Information Governance makes an impact

Increasing the value of information

Decreasing information risk

MIG: Model for Information Governance

Information Governance, the bedrock of your information efforts.