Since I will be writing a series of articles on IG, I am going to use my first few columns to help readers address this problem. There is no magic formula, no perfect argument for information governance. But, there are many reasons why IG makes sense today -- and will make even more sense in the future.
For example, IG is not synonymous with corporate governance, but it incorporates elements of corporate governance (some have called IG GRC for information i.e., governance, risk management, and compliance for information). The same goes for information protection, records management, compliance, and so on. Some of the other fields that are part of information governance include:
So how exactly should we define IG?
The Economist defines IG as the strategically created enterprise-wide frameworks that define how information is controlled, accessed and used, and the mechanisms that enforce those frameworks.
AIIM International defines it as the establishment of enterprise-wide policies and procedures and the execution and enforcement of these to control and manage information as an enterprise resource.
These definitions are pretty similar and they illustrate two key points:
First, IG is about building a foundation of rules in the form of policies, procedures, practices, etc. that guide information management across an enterprise.
Second, IG requires enforcement in the form of technology and human-focused programs to be successful. IG rules themselves dont solve any problems and in fact can create problems if they are not properly enforced.
At the highest level, IG is, quite simply, about managing information better.
At first sight, legal compliance would seem to be the major driver for taking better control of emails. However ... ROI from efficiency improvement is a genuine justification. -- AIIM Industry Watch: Email Management, The Good, The Bad and The Ugly
To be successful with IG, you must learn to tell the IG story. More correctly, you must learn to tell IG stories as different audiences need to hear different versions of the IG story.
At a large financial services company I worked with for many years, the chief IG evangelist understood this implicitly. I tagged along with her to many meetings and listened to her tell the IG story. There was one story for the lawyers who were going to have to defend the companys practices in court. There was another story for the corporate chiefs who were going to have to pay for it. And yet another story for the heads of business units and departments who were going to have to live with the IG program everyday in the real world.
In Made to Stick, Dan and Chip Heath argue that storytelling is a critical skill for anyone wanting their ideas heard, remembered, and acted upon. According to them, stories have the amazing dual power to simulate and to inspire because they provide a simple, concrete way for others to understand your ideas.
The ability to tell stories is so important in the IG world because of its complexity and breadth. Despite this complexity, I believe that there are only two basic plots to the IG story:
The first is the faster, better, cheaper plot. In other words, IG can help organizations make decisions/create products/go to market/etc. faster. It can also make business processes more efficient (i.e., better), and enable the organization to lower the costs of many business processes (i.e., cheaper).
Steve Bailey, author of Managing the Crowd: Rethinking Records Management for the Web 2.0 World convincingly argues in his work that the information management community hasnt done a good job of putting hard numbers behind the faster, better, cheaper story. I agree. Aside from some near-apocryphal statistics that are frequently used, to my knowledge, the economic case has not been universally made.
However, IG professionals can make solid economic arguments that are specific to their organizations. I have helped many of my clients do this. Some arguements have been financially dramatic (increase profit $300 million over 3 years), some strategically profound (competitive advantage in our market for 2 years), and some have been very practical (cut email costs).