Information Asset Management

7Why Is the Governance and Management of Your Business So Important?

DOI: 10.4324/9781003439141-7

Introduction

In Chapter 6 we looked at why the executive’s awareness of the importance of Information Assets to their organisations is critical to how those Information Assets are managed and the business implications that ensue.

In this chapter we will:

• discuss the difference between accountability and responsibility, as well as between governance and management;
• highlight their critical importance to creating a business environment that is conducive to managing Information Assets well; and
• examine the role of the Board and Chief Executive in assigning accountability and responsibility to the appropriate stakeholders to manage Information ...