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Information Governance in Business - Coursework Example

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This coursework "Information Governance in Business" describes various aspects of information governance. This paper outlines the concept of information governance, the role of information governence, implications for organizations and individuals…
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Information Governance in Business
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Download file to see previous pages Information governance is associated with enhancing business value, decreasing ownership cost of managing a wide base of information, and simultaneously protecting security, facilitating compliance, and managing a high level of risks. The term governance is common within all business organizations. It is closely knitted with activities undertaken by the board of directors so as to address stakeholder’s interests. Governance is all about controlling or regulating management behavior, which further helps in the execution of day-to-day operations. The information and communication technology are also now focuses on the concept of governance. This concept enables an organization to protect information from external threats. The information technology system is a part of corporate governance discipline. It also comprises of risk and performance management. Information governance is gaining importance in recent scenarios due to increasing compliance initiatives and the transformation of IT into the strongest pillar of large scale business operations. Information technology infrastructure supports an organization in terms of addressing its set objectives and strategies (Tallon, Ramirez and Short, 2015). Digitized data can be easily accessed across organizational boundaries and this has led to organizations adopting security measures in order to protect confidential information. Decision-making rights and rules are encompassed within information governance. This approach relates to distribution, valuation, collection, storage, creation, control, and usage of information. In this particular study, the importance of corporate governance will be considered along with its implications for individuals and organizations.
There is increasing interest towards the usage and protection of information. Business leaders state that organizational success is dependent on acquiring, controlling, and securing obtained information. Information is becoming important for businesses since it helps to formulate corporate strategies.  ...Download file to see next pagesRead More
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