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ENTERPRISE INFORMATION STRATEGY AND PLANNING

The value and accuracy of information as it relates to business performance measures, or how it aligns with organizational business strategy are the questions in the minds of today’s business leaders. Due to the nature of the current business landscape, which is global and extremely competitive, businesses are required to take an enterprise view of its information assets.

According to Gartner, Inc., Enterprise Information Management (EIM) is an "organized program to design, catalog and safeguard all of a company's information assets - including content found in databases, transaction systems, data warehouses, documents and rich media - to maximize their value, usefulness, accessibility and security." Even though, most companies have some level of a formal EIM program in place, the EIM efforts are inadequate to meet changing or growing informational needs. Today’s business needs a transformation in the culture of EIM - how it's done and how its value is perceived enterprise wide.

To achieve excellence in Enterprise Information Management, an organization will need to adopt a roadmap that will show a multiyear process - an information management journey that is prioritized based on business value and vision. There are three vital elements in this effort:

  • Current State Assessment: An information management assessment is required to evaluate the organization's current capabilities in several areas, like Information Metrics and Processes, Information Infrastructure, Information Consistency, Information Governance, Information Delivery, Information Metadata, Information Quality and Information Privacy and Security.
  • Future State Vision: Creation of the future state vision by analyzing the portfolio of EIM projects based on the areas targeted for improvement or immediate business needs. They may be standalone projects, for example, information quality projects to address a significant business issue or a part of a larger project, such as an Enterprise Business Intelligence Implementation.
  • Roadmap:An implementation roadmap that focuses on the sequence in which the future state can be achieved in an incremental manner, without impacting the current business functions. In laying out this roadmap, important factors to consider include the organization's business model, past actions and future plans, business imperatives, technical dependencies and the requirements of projects already underway.

Acxius's Information Strategy and Planning Services can help you in this effort by creating a robust information strategy and the roadmap to achieve your EIM goals – thus taking your business to the next level in the process.

Please contact us to learn more about our Information Management Services

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