The Positive Effects of Information Management

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Evidence shows that in today’s business environment, most companies take a reactive approach to information management — choosing to implement the proper measures only after an event has revealed a weakness and created the need for improvement.

In fact, a recent analysis of information management maturity — the concept of how well a business implements information management programs — indicates that businesses with the best scores had experienced a trigger event, such as an audit or litigation fines, which spurred action. In contrast, those with lower scores on the maturity scale have yet to experience a trigger event and therefore lack a documented, formalized information management program.