Information Governance : An Organization Essay

Managing information as an asset, also known as document and records management or content management is information that companies must protect. The information can be in the form of audio or video tapes, images, documents, hard drives, reports or individual knowledge known as tacit knowledge in the business industry. The value of the information and not the company infrastructure is where the greatest opportunity presents itself. Companies must focus their efforts on increased efficiency to manage all areas of information as company assets. Through management of information as an asset, companies can allow the appropriate access to qualified or

Modern organizations use a variety of resources to fulfill their objectives regardless if the company is a multinational or small entity, they all have a set of resources they depend on to achieve their goals. Part of the resource relied on is Information, and this information needs to be managed to optimize its value to produce the best stakeholder value they can. In order to manage these resources, Information Management systems are put in place.

The recent trend in the global business has been largely driven by the mechanism of the internet and more broadly the cyberspace. This has created a more elaborate platform for all business activities to be coordinated through an information system protocols. The information system is the management of the information data base of an organization or an institution. Information is assumed to be a significant asset, organisations strive to gather, retain and protect their valuable intellectual property to place them in a prominent business platform over their competitors.

This paper will discuss how an information system is critical to the business process of an organization and how the information has impacted the organization 's structure.

Information is the key to any organization in the world today; it is what makes an organization successful, accurate and proficient in an increasingly competitive market. Without information a company is powerless, it does not know its customer or understand them,

IT/IS Department: will derive information from computer data by organizing it and interpreting it in a specific way; through the use of technologies from computing, electronics, and telecommunications. That way, information will get processed and distributed in digital and other forms through the IT/IS department.

Information systems (IS), technically are a set of interrelated components that collect and retrieve information, process and store it and support the organization in decision making. Information Technology (IT) is a shared technology and provides the platform for specific information. It consists of hardware and software for a business to achieve their objectives. Included is the computer systems, the computer, any hand-held devices, software the company needs to operate and storage. (20)

IM/IT governance helps the organization make business decisions more accurately and in a timelier manner (Glandon, Smaltz, Slovensky, 2008). In order to complete this, five general guidelines were created. They are as follows: Develop a consistent IT strategy, Align IT Planning with Organizational Planning, Develop IT Infrastructure, Architecture and Policies, Set IT Project

Meeting information requirements of management is a key focus for many organizations. Companies are constantly looking for ways to improve how they manage information. Information is essential for any decision making process and day-to-day operation. Therefore, it is important that information is managed and disseminated properly throughout the organization. Management use information to establish policy and strategic planning.

IT (Information Technology) management entails all the routine issues faced by any type of business manager in addition to the issues of software development, technology purchasing (not necessarily physical items), systems integration, the limits of technology and the related budgetary issues. General information literacy is important for any level of IT manager, as he or she needs to communicate successfully using many different modes, media, and technology with all types of IT workers, upper management, and technology product vendors. IT management also entails leadership of projects or departments. Information

As mentioned above, the implementation of IG means more rules, regulation and redundancy. The compliance, quality improvement and information technology department and officers of any healthcare organization should continue its functions and role and complete IG tasks as needed. According to the Federal Health IT Strategic Plan (2015) Improving the information flow will require improvements to health IT usability.

The emerging IT developments make big changes not only possible, but also increasingly necessary. IT has become a driving force for change, new innovation and new opportunities by offering powerful tools for furthering digitization of our work processes, services we offer, as well as creation of information products such as grey and other literature. The emerging new digital environment has the potential to impact all aspects of the way we do business, and the way we relate to our customers and the world around us. In order to meet expectations and benefit from this challenging opportunity, information managers need to be cognizant of new IT trends and the possibilities they offer in order to define the best strategies and action plans for their successful implementation in future.

It is generally accepted that information is a vital commodity for the successful operation of today’s organizations. Nowadays modern business organizations are using computerized information systems in order to obtain such information. However as the technology advances rapidly the main issue is how can an organization should effectively use such an information system - which its management sometimes can be unpredictable - in order to effectively help the whole organization structure to improve and take the most out of it.

Information management (IM) is the collection and management of information from one or more sources and the distribution of that information to one or more audiences; is also particularly critical to businesses that work in conjunction with other businesses, so the two must share information with, or transfer information to, each other. In addition, businesses with more than one department or unit can use the MIS to compile information in one central location, thereby preventing information loss.

This author begins the case study by looking at several challenges organizations face in protecting organizational assets and information. This writer ascertained in the preceding introductory paragraph that businesses must meet an increasing demand by employees, customers, business stakeholders and shareowners to make their operations more transparent, and better optimize the use of e-Commerce and e-Business capabilities. There is increasing concern by business leaders