Information Governance. For a lawyer, it conjures thoughts of regulatory investigations, e-discovery, and a whole host of information related risks. For an IT professional, it brings to mind easier reduced storage expenses, simpler disaster recovery management, and the ability to dispose of old, outdated legacy systems.
However, the true value proposition of Information Governance is generally missing from the discussion. Will IG actually save the organization money? Will it cause their stock price to rise? Will the CIO be able to buy that new BMW because she implemented IG?
The value of IG is not as obvious as increasing sales revenue, but it is real. Think about the value in protecting your business from a cyber-breach. Think how much better your board of directors can sleep at night knowing that, should the worst happen and a cyber-hacking occur, all of the important information has been properly classified and secured. The value of IG includes increased employee productivity and much more. It includes strengthening risk management, increasing efficiency in managing litigation, regulatory and audit matters, and safeguarding private and confidential information – all of which are good for business.
IG value is there for the taking. Reach out and grab it.