It happens every day. A company spends a huge amount of money on a new technology system, without fully addressing the information implications. Maybe the decision (to move on-premise operations to a cloud SaaS or PaaS, or to retire and replace an enterprise database, or buy a comprehensive new tool suite) was reactive, driven by an impending crisis. Maybe the decision-making was siloed, with IT not clearly hearing what the rest of the business truly needs (or more likely, the rest of the business not speaking up). Or maybe IT just responded literally to a business directive of the moment (let’s get into IoT, or Big Data, or Blockchain!). Regardless, the green light is lit, the dollars are spent … and problems ensue, painfully multiplying the procurement’s all-in cost.
What was missing? Strategic consideration of repercussions for information compliance, risk, and value for the organization as a whole, including privacy, data security, retention/destruction, litigation discovery, intellectual property, and so forth. In other words, Information Governance. And when was it missing? Before the decision was made and the dollars were spent.
So, what if something could be hard-wired into the procurement process, a trigger that timely prompted decision-makers to call time-out; get focused input from all stakeholders; assess the repercussions for information compliance, risk, and value; and align the procurement requirements and purchase decisions with organizational strategy for governing information?Continue Reading X Percent for Information Governance

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As the information tide relentlessly rises, many organizations simply see an IT problem, to be fixed with a purely IT solution – more storage capacity, more tools, or both. But merely adding more storage is a reaction, not a strategy. And adding technology tools without the right governance rules invariably makes things worse, not better.
As the calendar year turned there were several great
The “business case” for information governance often focuses solely on quantifying specific costs for data management and exposures for
Having too much data causes problems beyond needless storage costs, workplace inefficiencies, and uncontrolled litigation expenses. Keeping data without a legal or business reason also exacerbates data security exposures. To put it bluntly, businesses that tolerate troves of unnecessary data are playing cybersecurity roulette … with even larger caliber ammunition.
Most enterprise information governance initiatives are event-driven: an expensive lawsuit, a system migration, a board or regulatory inquiry, a corporate move, and so on. Though there’s nothing wrong with being opportunistic in making IG progress, it can sometimes be too little, too late when a cybersecurity breach or some catastrophic event shines the light on decades of inattention. How then do we become more proactive in improving how we manage information—arguably any company’s most valuable asset?
