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manage information as an asset

Structure and use information as an asset through a comprehensive knowledge management, information governance, and data governance approach.

What could your organization achieve if your data was organized AND useable?  

It is stated that information and data are the new oil that denotes its organizational value. It’s easy to get lost in the ever-increasing volume, and the pace at which it is increasing can be overwhelming. Organizations obsessively focus on protecting their data to the point where no one can access it to drive efficiency and innovation for constituents. Others are so behind in data management and its supportive systems that they lose sight of the opportunity to innovate through its value.

This happens when organizations are not thinking strategically about information as an asset. Instead, the organization becomes siloed and reactive. Manual and disjointed engagement fosters miscommunication and errors. Information retention, access, security, and privacy standards become outdated, inadequate, or misapplied, and data become convoluted or irretrievable. Information and data become IT’s job versus the entire organization’s responsibility. Being reactive and siloed are not good practices for any organization.

 

As a result, legal, compliance and regulatory risks mount, processes grow more intricate, lose standardization, and succumb to inefficiencies. Constrained by limited resources and expertise, organizations grapple with identifying inefficiencies and opportunities for improvement.

We believe there is a better approach

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Information as an Asset combines the three practices of Data Governance, Knowledge Management, and Information Governance.

A purposeful strategy, structure, and approach to proper data utilization

Our experience demonstrates that it is possible for an organization to both organize AND deploy data as an asset. Organizations must:

  1. Understand the value of and the risks to their data

  2. Establish an information strategy that empowers the organization’s purpose and operating strategy

  3. Develop a roadmap to define scalable systems and processes for the agency’s core functions that adapt to the growing demands and complexities of the organization

  4. Incorporate AI to augment human service delivery, improve productivity, and manage risks

  5. Create a data-driven culture of continuous improvement and innovation

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Knowledge Management, Information Governance, and Data Governance: Understanding the Trifecta of Using Information as an Asset

While often used interchangeably, knowledge management, information governance, and data governance have distinct differences. Understanding these differences offers a more complete view of information as an asset.

Mitigate risk, drive efficiency, and enhance engagement through intentional use of information as an asset.

Information
Governance

Data
Governance

Knowledge
Management

We help you ensure compliance with legal and regulatory requirements, mitigate risks related to data privacy, security, and integrity, optimize information assets, and support effective decision-making and business operations.

We help you establish a framework for data management and accountability, improve data consistency and accuracy, enhance data security and privacy, and enable data-driven decision-making and analytics initiatives.

We help you enhance organizational learning, productivity, and competitiveness by making relevant knowledge accessible and actionable to employees, stakeholders, and partners.

Organize AND utilize your data to deliver more value.

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