Data and information are increasingly becoming the lifeblood of organisations. However, the exponential amounts of data being collected by companies and government alike, together with the risks and costs of holding and securing this information, have created a new set of issues for those responsible for organisational governance.
A healthy circulatory system increases overall health and improves our ability to function. Likewise, the optimal use of data and information will improve the effectiveness of an organisation. This article explains why identifying and co-ordinating the areas, people and technologies responsible for keeping the lifeblood of your organisation in good health is key to effective information governance (IG).
IG provides a unified strategic framework for the control, security, optimisation and effective use of information. It is an essential part of good corporate governance, assisting organisations to maximise the value of information while minimising risks and costs by providing a mechanism to align policies and processes, people and technologies across an organisation.