Information Governance, an Introduction

Information Governance (IG) is the activities and technologies that organisations employ to maximise the value of their information while minimising associated risks and costs.

The Goal: To make sure information can be found and is handled appropriately ensuring its confidentiality, integrity and availability. Identify what information you must keep and get rid of information you do not need to keep (unless it has business value and you choose to keep it).

Components for IG success:

  • Delivering value to the business
  • Managing risks and costs
  • Reliance on technology

In a survey undertaken by the Information Governance Initiative in 2014, almost twenty business activities were identified as requiring co-ordination under the IG function with the result that a multi-disciplinary approach is required to successfully embed IG in the business. (Source: © 2014 Information Governance Initiative LLC. Information Governance Initiative Annual Report 2014)

Success comes by understanding the regulatory requirements applicable to the business and by managing the changes brought about by new IG strategies, frameworks, plans, policies and processes.