Corporate Information Governance with Business Wisdom

Whether a secret ingredient used for a lemonade stand across the street or the business strategies of a Fortune 50 corporation on Wall Street, organizations that collect, process, or transmit any data have the legal and moral responsibility to govern it. Governing information goes beyond technical capabilities. Further, it is unwise to rely on a department to define, organize, present, and protect information. With the explosion of information into every business activity, information governance is a practice that businesses must exercise. This paper provides actionable and comprehensive strategies to develop effective corporate information governance. Three principles are addressed: governance of accountability, clarity of purpose, and clarity of collaboration.