Information Asset Management

5What Is the Business Impact of How You Manage Your Information Assets?

DOI: 10.4324/9781003439141-5

Introduction

In Chapter 4 we:

1. explained maturity models and assessment;
2. discussed the development of the “Holistic Information Asset Management Model” which forms the basis of this book; and
3. explained each of the ten focus areas or domains in the Model.

In this chapter we will explore various types of business impact associated with the management of Information Assets, namely:

• risk;
• cost;
• value;
• benefit; and
• ethics.

There is rarely any point in doing something if it doesn’t drive a positive business impact.

Executive Overview

The business impact of Information Asset management can be both positive, in the form of business benefit ...