Successful organizations run on and are dependent on information. But information is valuable to an organization only if you know where it is, what’s in it, and what is shareable or in other words… managed. In the past, organizations have relied on end-users to decide what should be kept, where and for how long. In fact 75% of data today is generated and controlled by individuals. In most cases this practice is ineffective and causes what many refer to as “covert orunderground archiving”, the act of individuals keeping everything in their own unmanaged local archives. These underground archives effectively lock most of the organization’s information away, hidden from everyone else in the organization…

An effective information governance process optimizes overall information value by ensuring the right information is retained and quickly available for business, regulatory, and legal requirements. This process reduces regulatory and legal risk, insures needed data can be found quickly and is secured for litigation, reduces overall eDiscovery costs, and provides structure to unstructured information so that employees can be more productive.

You can read the rest at predicting the future of information governance

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