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Good information governance - controlling costs and reducing risk

Overview

It has long been understood that information is the key driver in business process and the weld that forges the links in the value chain. More recently, many business managers have come to the realisation that the richness of information — what we think of as content — is really the key differentiating factor for a competitive advantage and ensuring the enterprise is accountable and in compliance.

If the information content is shallow, out of date, or fragmentary, then business processes are handicapped and cracks appear in the value chain. If the information is not accessible and able to be efficiently gathered for accountability and compliance requirements, then good information governance is not occurring.

Moreover, if it isn't possible to determine if the cost of acquiring, storing, and processing the information and the risks attendant in storing and processing it and translating it into business practices and good information governance practices will produce a profitable return on the investment, then too many unknowns are left unattended.

EMC provides a detailed guide discussing the principles of good information governance

To read more click ‘view briefing’.

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