The basic proposition of the CGOC Information Governance Process Maturity Model is that as information ages, its value declines – while the cost to manage it stays relatively constant (increasing as the amount of data increases), and the cost of e-discovery and compliance risks actually rise. This widening gap between the business value information provides and the costs and risks associated with it should compel organizations to focus on improving their “information economics.”
The CGOC Information Governance Process Maturity Model provides a maturity model for the 16 specific processes required to lower cost and risk and to institutionalize defensible disposal, value-based archiving and retention, and rigorous e-discovery. The processes reflect the needs of the key information stakeholders, including legal, records information management (RIM), privacy and security, lines of business and IT. The maturation of each business process moves through four stages:
As they work through each process, stakeholders and the organization as a whole are better able to determine information value, align cost to the changing value over time, minimize legal and regulatory risk and lower overall costs.
Download the Information Economics Process Assessment Kit to learn:
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