research paper

Running Head: ANNOTATED OUTLINE 1

ANNOTATED OUTLINE 2

Annotated Outline

Eswari Madhubala Kommuri

06/21/2020

Information Governance

I. Introduction

A. Information governance refers to an approach of managing organizational information by implementing roles, processes, metrics and controls that treat information as an important asset in business (Skorve et al., 2017).

B. The role of this approach is to increase compliance, ensure availability of information whenever required and reducing costs associated with storage.

C. This help organization to reduce legal risks linked to inconsistently managed and unmanaged information.

D. Information governance provides easily accessible data to employees to make key business decisions.

E. Organizations need to embrace information governance because it converts data into valuable business information, improves compliance, increases business agility, provides better customer services and increases collaboration.

II. Body

A. Converts data into valuable business information

1. Data is considered valuable only when it is accessible and appropriate.

2. Most corporate collect a lot of data but getting to the right staff members, at the right time and place becomes a problem to them (Mikalef et al., 2018).

3. Information governance helps to change that data into business information

4. This is achieved through setting procedures and policies that information is accessible to authorized individuals.

5. It also ensures information is removed from the organization’s sphere in the minimum time possible to meet regulatory compliance (Evans, McKemmish & Rolan, 2019).

B. Improves compliance

1. Information governance ensures the information available within an organization is appropriate.

2. It also ensures that information is updated on a regular basis.

3. It can be achieved by the process of automated categorization.

4. It helps organizations to gather data for an audit efficiently within a short period of time.

5. Effective procedures for information security and record retention can be built into the process automatically to minimize risks (Earley, 2016).

C. Increases business agility

1. As businesses collect enormous amounts of data on a daily basis, the ability to analyze and interpret that data enables them to make quick decisions.

2. Information governance helps businesses to develop strategies on how the information will be availed to the staff members (Mikalef et al., 2018).

3. It lays the basis on which unstructured internal and external information can be brought together with structured data held in the organization’s databases to achieve business agility.

4. Managers are able to use this data to make quick decisions

5. Information governance also helps the management to address challenges facing the organization efficiently (Datta, Valavala & Sharif, 2019).

D. Provides better customer services

1. Customers want their concerns to be addressed as quickly as possible.

2. Staff members dealing with customers directly must be able to find relevant information about customers quickly (In et al., 2019).

3. The information is mostly held in different information technology systems.

4. Information governance provides the standards in which information is categorized, organized and accessed.

5. This reduces time wastage within the organization promoting increased productivity (Brown & Toze, 2017).

E. Increases collaboration

1. Information governance helps organizations create secure environment for collaboration between partners, customers and employees.

2. Collaboration is an important part of contemporary businesses.

3. This can be achieved by implementing collaboration applications with the organization.

4. Developing effective policies and procedure for information management reduces risk within a business (Asadi et al., 2019).

III. Conclusion

A. There are a wide range of benefits that organizations can have for implementing information governance programs.

B. Information governance helps to change the enormous data harvested in an organization into business information (Kern et al., 2016). 

C. It also ensures the information available within an organization is appropriate and increases business agility.

D. It also helps organizations to provide improved customer services and increase collaboration with suppliers, customers and employees.

E. Businesses should implement information governance programs to enjoy these benefits.

References

Asadi, F., Rouzbahani, F., Rabiei, R., Moghaddasi, H., & Emami, H. (2019). Information Governance Program: A Review of Applications in Healthcare. Archives of Advanced in Bioscience, 10(1), 47-55. Retrieved from https://www.researchgate.net/profile/Reza_Rabiei/publication/331832764_Information_Governance_Program_A_Review_of_Applications_in_Healthcare/links/5c8f6611299bf1

Brown, D. C., & Toze, S. (2017). Information governance in digitized public administration. Canadian public administration, 60(4), 581-604. Retrieved from https://onlinelibrary.wiley.com/doi/full/10.1111/capa.12227

Datta, R., Valavala, M., & Sharif, M. H. U. (2019). Information Governance: A Necessity in Today's Business Environment. Retrieved from https://d1wqtxts1xzle7.cloudfront.net/60453832/V8I820191720190901-4174-qhdgkn.pdf?1567343424=&response-content-

Earley, S. (2016). Metrics-Driven Information Governance. IT Professional, 18(2), 17-21. Retrieved from https://ieeexplore.ieee.org/abstract/document/7436681/

Evans, J., McKemmish, S., & Rolan, G. (2019). Participatory information governance: transforming recordkeeping for childhood out-of-home Care. Records Management Journal, 29(1/2), 178-193. Retrieved from https://researchmgt.monash.edu/ws/portalfiles/portal/277998470/260202575_oa.pdf

In, J., Bradley, R., Bichescu, B. C., & Autry, C. W. (2019). Supply chain information governance: toward a conceptual framework. The International Journal of Logistics Management. Retrieved from https://www.emerald.com/insight/content/doi/10.1108/IJLM-05-2017-0132/full/html

Kern, R., Mandelstein, D. J., Milman, I. M., Oberhofer, M. A., & Pandit, S. (2016). U.S. Patent No. 9,286,586. Washington, DC: U.S. Patent and Trademark Office. Retrieved from https://patents.google.com/patent/US9286586B2/en

Mikalef, P., Boura, M., Lekakos, G., & Krogstie, J. (2018). Complementarities between information governance and big data analytics capabilities on innovation. Retrieved from https://aisel.aisnet.org/ecis2018_rp/149/

Mikalef, P., Krogstie, J., van de Wetering, R., Pappas, I., & Giannakos, M. (2018, January). Information Governance in the big data era: aligning organizational capabilities. In Proceedings of the 51st Hawaii International Conference on System Sciences. Retrieved from https://scholarspace.manoa.hawaii.edu/handle/10125/50504

Skorve, E., Vassilakopoulou, P., Aanestad, M., & Grünfeld, T. (2017, May). A Lens for Evaluating Genetic Information Governance Models: Balancing Equity, Efficiency and Sustainability. In Informatics for Health (pp. 298-302). IOS Press. Retrieved from https://books.google.co.ke/books?hl=en&lr=&id=LLcrDwAAQBAJ&oi=fnd&pg=PA298&dq=benefits+of+information+governance+&ots=D28JImoD4D&sig=vVaq6nTgB86NSxEBYUpmuNSkvgM&redir_esc=y#v=onepage&q=benefits%20of%20information%20governance&f=false