14 Jun responses
1.shalini ganta
IT Governance gives a structure to adjusting IT procedure to business methodology. By following a formal system, associations can deliver quantifiable outcomes toward accomplishing their methodologies and objectives. A formal program additionally considers partners’ interests, just as the requirements of staff and the procedures they pursue. In the 10,000 foot view, IT administration is a basic piece of by and large endeavor administration. Both public and private-sector organizations need an approach to guarantee that their IT capacities business systems and destinations. Also, a formal IT organizations program ought to be on the radar of any association in any industry that necessities to consent to guidelines identified with monetary and innovative responsibility. In any case, actualizing a far reaching IT organizations program requires a great deal of time and exertion. Where extremely little elements may rehearse just fundamental IT administration techniques, the objective of bigger and progressively controlled associations ought to be an undeniable IT organizations program. References: https://www.fortherecordmag.com/archives/0515p-12.shtml https://www.edrm.net/frameworks-and-standards/information-governance-reference-model/
2. Sweetyben Shah
Here in this section I have choosen to discuss about records and e-records management standard form Information Governance standard which is international standard for RM and known as ISO 15489-1:2001. It identifi es the elements of RM and provides a framework and high-level overview of RM core principles. RMis defined as the “field of management responsible for the efficient and systematic control of the creation, receipt, maintenance, use and disposition of records, including the processes for capturing and maintaining evidence of and information about business activities and transactions in the form of records.” The second part of the standard, ISO 15489–2:2001, contains the technical specifications and a methodology for implementing the standard. (Smallwood, 2014)
In my company we use multiple vendor tools to manage companies business processes, day to day business activites and transactions. As my company is a multinational company , at my organization we need tools which manage transactions smoothly, accuratly and provides security. We have implemented internal network which is used for internal data and information transfer. We are using ERP software for maintaining companie’s day to day transactions from differnet business areas. We are using application to manage companies shared documents and records. We are also using cloud database server services.
Smallwood, R. F. (2014). Information Governance-Concepts, Strategies & Best Practice. Hoboken,New Jersey: John Wiley & Sons Inc.
3. Vijay Pothana
The three phases led to Brooklyn Navy Yard’s rebirth are
Clean
We clean the duplicate information that is rotting in the huge piles of unstructured information. The information that has not been accessed in years or the information that adds no business value or information that does not have any legal or compliance regulations. These types of information can be cleaned up and the direct benefit is reduction of storage spaces and operational costs. Also identification of type of information being stored.
Build and Maintain
After clean up organizations have to define IG so past mistakes are not repeated. As Smallwood, 2014 explains the corporate governance, compliance and audit plan that gives the program teeth, and technology infrastructure that makes it real, IG program should be defensible and comply with the law and manage regulatory risk.
Monetize
One of the goals of IT governance is to make sure that investment has returned the business value. The value creation is that third phase in which information is processed and used to derive insights, create new products. The value generation can be a natural language processing like analyzing the emails of Sales Manager to understanding the sentiments of the customers on the products. All the information needs to be processed to add value to business or increase the efficiency of the existing systems.
References
1.Smallwood, R. F. (2014). Information governance: Concepts, strategies, and best practices. Hoboken, NJ: John Wiley & Sons.
4. Sai Chander Janagama
The significance of information governance is to safeguard the value of information so that individuals including businesses can generate insights key for businesses. This is perhaps the significance of data storage and information security. Looking back to the past, Navy Yard had been decommissioned in 1960s.A site that was known as a housing site for Army Naval Officers is today receiving a rebirth and Key phases play this role. These phases include
Cleaning the site to identify the most important pieces, those which had value in them and discarding the toxic wastes and building apparatus so that the infrastructure can be modernized.
Building and Maintaining; the objective /plan is to continuously improve, upgrade and maintain the facility
Monetize. Upgrading, improving and maintaining the facility leasing to generate monetary value can be last phase of the Navy yard rebirth (Smallwood, 2014).
References
Smallwood, R. F. (2014). Information governance: Concepts, strategies, and best practices (Vol. 574). John Wiley & Sons.
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