Information Governance (IG) - Revision history

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 *Records management professionals in designing comprehensive and effective records management programs.
-Information governance goes beyond retention and disposition to include privacy, access controls, and other compliance issues. In electronic discovery, or e-discovery, relevant data in the form of electronically stored information is searched for by attorneys and placed on legal hold. IG includes consideration of how this data is held and controlled for e-discovery, and also provides a platform for defensible disposition and compliance. Additionally, metadata often accompanies electronically stored data and can be of great value to the enterprise if stored and managed correctly. With all of these additional considerations that go beyond traditional records management, IG emerged as a platform for organizations to define policies at the enterprise level, across multiple jurisdictions. IG then also provides for the enforcement of these policies into the various repositories of information, data, and records. A coalition of organizations known as [[Electronic Discovery Reference Model (EDRM)]], which was founded in 2005 to address issues related to electronic discovery and information governance, subsequently developed, as one of its projects, a resource called the [[Information Governance Reference Model (IGRM)]]. In 2011, EDRM, in collaboration with ARMA International, published a white paper that describes How the Information Governance Reference Model (IGRM) Complements ARMA International’s Generally Accepted Recordkeeping Principles ("The Principles") The IGRM illustrates the relationship between key stakeholders and the [[Information Lifecycle]] and highlights the transparency required to enable effective governance IGRM v3.0 Update: Privacy & Security Officers As Stakeholders.
+Information governance goes beyond retention and disposition to include privacy, access controls, and other compliance issues. In electronic discovery, or e-discovery, relevant data in the form of electronically stored information is searched for by attorneys and placed on legal hold. IG includes consideration of how this data is held and controlled for e-discovery, and also provides a platform for defensible disposition and compliance. Additionally, metadata often accompanies electronically stored data and can be of great value to the enterprise if stored and managed correctly. With all of these additional considerations that go beyond traditional records management, IG emerged as a platform for organizations to define policies at the enterprise level, across multiple jurisdictions. IG then also provides for the enforcement of these policies into the various repositories of information, data, and records. A coalition of organizations known as [[Electronic Discovery Reference Model (EDRM)|EDRM]], which was founded in 2005 to address issues related to electronic discovery and information governance, subsequently developed, as one of its projects, a resource called the [[Information Governance Reference Model (IGRM)|IGRM]]. In 2011, EDRM, in collaboration with ARMA International, published a white paper that describes How the Information Governance Reference Model (IGRM) Complements ARMA International’s Generally Accepted Recordkeeping Principles ("The Principles") The IGRM illustrates the relationship between key stakeholders and the [[Information Lifecycle]] and highlights the transparency required to enable effective governance IGRM v3.0 Update: Privacy & Security Officers As Stakeholders.
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 *Agility: Information has become untethered from location. You no longer sit at a desk with a PC and/or retrieve a file from your file room (or at least not as often!). Employees access and act on information through laptops, tablets, smart phones, and who knows, maybe their watch soon. Information governance helps to ensure that your information is accessible only on the appropriate device by the appropriate employees. Even when your content is on the edge of your organization, it’s under control. With information under control, your organization gains the agility to act and respond quickly to events, accidents, press activities, FOIA inquiries, market changes and more. Knowing where your information is and that is it the correct information, allows you to trust your data and respond quickly to market demands. This can be critical in a customer-centric and competitive market.
 *Decreased [[Data Migration]] Cost and Complexity: As your storage infrastructure ages, or as you transition to the cloud, you will need to move your data to newer, more advanced platforms and technology. The more data that you need to migrate, the more costly and complex the migration can be. An information governance program’s continual pruning of content helps to ensure that you are spending dollars to only move useful data, not ROT.
-*Management of all content types: Lastly, a comprehensive information governance program and platform treats all content types as equals (of sorts). Whether structured, semi-structure or unstructured, all content should be overseen by your governance policies. Whether database content, transactional data, reports, mortgage applications, contracts, work in process documents, audio files, videos, instant messages, tweets or status entries; your company’s information assets represent your organization’s body of work. With the continued advancement of technology and the expected impact of the [[Internet of Things (IoT)]] this will become even more important as more transactional data will be available to mine for big data initiatives as well. Do not ignore elements such as IoT, structured data or social as ephemeral, as a sound information governance strategy also includes these (and whatever is next) assets as potential business records.
+*Management of all content types: Lastly, a comprehensive information governance program and platform treats all content types as equals (of sorts). Whether structured, semi-structure or unstructured, all content should be overseen by your governance policies. Whether database content, transactional data, reports, mortgage applications, contracts, work in process documents, audio files, videos, instant messages, tweets or status entries; your company’s information assets represent your organization’s body of work. With the continued advancement of technology and the expected impact of the [[Internet of Things (IoT)|IoT]] this will become even more important as more transactional data will be available to mine for big data initiatives as well. Do not ignore elements such as IoT, structured data or social as ephemeral, as a sound information governance strategy also includes these (and whatever is next) assets as potential business records.
 In conclusion, Information Governance is a framework that is supported by people, processes, and technology. It is laudable in its effort to pull together what may have been previously disparate functions across an organization in order to create a consistent, compliant, and collaborative approach to managing information for risk, cost, and its value to the organization. The Information Governance Program construction will be different from company to company, but its intent should remain firm. Information Governance is not a project with a defined time span, but a program with requisite support from executives. Most institutions will go through many iterations implementing and administering the Information Governance Program, including the establishment of a Governance Council. It is important to go into the process with the understanding that there is no “silver bullet” or all-inclusive piece of technology that will provide your institution with instant governance over the entirety of your information. The Information Governance Program needs to be adaptable as the business and regulatory environments change. Merger, acquisition, and divestiture activity is common in many industries and may result in potential new lines of business, new geographic locations, new technology, cultural and organizational shifts, new members to sit on the Council, and much more. It is important to remember that Information Governance is a framework — it is not static and must reflect current and emerging requirements for the management and use of information as an asset, and potential liability, of the organization.

← Older revision		Revision as of 23:09, 9 February 2023
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	== See Also ==		== See Also ==
−		+	*[[IT Governance]]

← Older revision		Revision as of 00:28, 20 January 2023
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	== See Also ==		== See Also ==
−	~~[[IT Governance]]<br />~~	+
−	~~[[Corporate Governance]]<br />~~
−	~~[[Information Management\|Information Management (IM)]]<br />~~
−	~~[[Enterprise Risk Management (ERM)]]<br />~~
−	~~[[Resource Management]]<br />~~
−	~~[[Records Management\|Records Management (RM)]]<br />~~
−	~~[[Content Management\|Content Management (CM)]]<br />~~
−	~~[[Enterprise Content Management (ECM)]]<br />~~
−	~~[[Enterprise Data Integration (EDI)]]<br />~~
−	~~[[Enterprise Information Integration (EII)]]<br />~~
−	~~[[Enterprise Information Management (EIM)]]<br />~~
−	~~[[Information Security Governance]]<br />~~
−	~~[[Compliance]]<br />~~
−	~~[[Data Governance]]<br />~~
−	~~[[E-Governance\|eGovernance]]<br />~~
−	~~[[Policy Governance]]<br />~~
−	~~[[Social Media Governance]]~~

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 [[Records Management|Records Management (RM)]]<br />
 [[Content Management|Content Management (CM)]]<br />
 [[Enterprise Content Management (ECM)]]<br />
 [[Enterprise Data Integration (EDI)]]<br />

@@ Line 132: / Line 132: @@
 [[Records Management|Records Management (RM)]]<br />
 [[Content Management|Content Management (CM)]]<br />
 [[Enterprise Content Management (ECM)]]<br />
 [[Enterprise Data Integration (EDI)]]<br />

@@ Line 124: / Line 124: @@
 == See Also ==
 [[IT Governance]]<br />
 [[Corporate Governance]]<br />

← Older revision		Revision as of 13:06, 29 September 2021
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−	Gartner defines Information [[Governance]] as "the specification of decision rights and an accountability [[framework]] to ensure appropriate behavior in the valuation, creation, storage, use, archiving and deletion of information. It includes the processes, roles and policies, standards and [[metrics]] that ensure the effective and efficient use of information in enabling an [[organization]] to achieve its [[goals]]."<ref>Definition of Information Governance [https://www.gartner.com/it-glossary/information-governance/ Gartner]</ref>	+	Gartner defines '''Information Governance''' as "the specification of decision rights and an accountability [[framework]] to ensure appropriate behavior in the valuation, creation, storage, use, archiving and deletion of information. It includes the processes, roles and policies, standards and [[metrics]] that ensure the effective and efficient use of information in enabling an [[organization]] to achieve its [[goals]]."<ref>Definition of Information Governance [https://www.gartner.com/it-glossary/information-governance/ Gartner]</ref>