My definition of Enterprise Information Management (EIM) will start simply; data/information is an asset and must be treated as such. Creating an organization that operates with that mind-set is not easy, for the devil is in the details. When you understand the specifics of asset treatment, you can broaden your definition of EIM.
Across the many definitions of EIM, a thread emerges that unifies EIM as a legitimate discipline. It takes the concept of information as an asset and attempts to make it real. IT can turn the asset management philosophy into a program that adds significant value to an enterprise or organization through improved ability to analyze and exploit all types of data assets and, ultimately, leads to increased business success…
An organization that has an EIM program will exhibit an understanding of data as the fuel of the enterprise. Whereas other organizations might view data as a lubricant, making local processes better or targeting specific business targets, the EIM enterprise makes sure that the data asset is recognized as a key component for success.
I use the blog and twitter name Info Currency because I believe information is one of the most important assets that an organization has, but unfortunately it does not receive the same management treatment as finances, IT and human resource. The Information Management article What Does EIM Look Like by John Ladley does a great laying the foundation for this topic. I’d encourage you to click on the article to learn about:
- Drawbacks to not applying a comprehensive approach to data and information.
- Positive effects of treating data and information as an asset.
- How EIM enhances compliance.
- Other drivers that support EIM.