Posted by Mark Brousseau
In a recent research study conducted by the Economist Intelligence Unit, only 38 percent of the respondents said their companies had a formal enterprise-wide information governance strategy in place. Sixty-eight percent of the respondents expect their information governance challenges to become more complex over the next three years. Similarly, EMC estimates that 85 percent of all unstructured information within an organization goes unmanaged -- there are no formal policies for retaining, protecting or handling it.
Unfortunately, this lack of information control is impacting business decisions.
Last year, a survey conducted by IBM’s Institute for Business Value discovered that eight out of 10 business leaders make major decisions with missing or untrusted information. In many cases, the information needed probably resides within the organization; just not accessible at the right time.
What do you think?