Information Governance (IG) is a holistic method of managing business data by implementing processes, controls, metrics, and roles to make information as treasured as the business assets.
In this article at Forbes, Heidi Maher explains that in the present world of business, to remain upbeat, organizations need to stay ahead of the privacy regulations, security threat, and rising legal costs.
Low IG Adoption Rate
Despite swelling executive support for IG initiatives, its adoption rate remains low and that flagged a major gap between the perception and reality of IG team’s progress. Hence, the process remains immature. Here is a list of ways you may overcome the maturity gap with:
- Getting it Right: Each staff member needs to understand the intricacy of mining business data for great marketing, service delivery, and exceptional products. However, to get the context of regulatory needs and risk reduction right, a cultural shift is essential and should be initiated by the top level managers.
- Analyze the Whole Picture: To leverage on IG, prioritize collaborative driving and map out incremental successes in order to quantify and communicate progress. Thereby, it is the primary responsibility of the executive sponsors to develop a clear understanding of what IG maturity means. This will bring forth the existing gaps and potential failures in its implementation.
- The Road to Transformation: Last but not the least tip is to analyze where your organization stands in terms of IG maturity and diagnose the resistance to change in the team and executive sponsors. Do not skip requesting regular audits and post-mortems to assess progress and future steps. With factual information, the executive sponsors can revel incremental wins and demonstrate progress in RoI.
The author believes that all the above-mentioned points coupled with regular staff training and communication may prove beneficial in building a company culture that engages end users. Click on the following link to read the original article: https://www.forbes.com/sites/forbestechcouncil/2019/01/23/the-governance-maturity-gap-and-how-to-overcome-it/#28eb3b71200e