I am one of the speakers in a webinar to be given by ZyLAB on Thursday 30 October called Making information work to uncover business value. The other speaker is Johannes Scholtes, Chairman and Chief Strategy Officer, of ZyLAB.
As with eDiscovery / eDisclosure, most of the attention given to the control of information focuses on the risks which lurk within it. If data accumulates unchecked and uncategorised, then every discovery / disclosure exercise becomes more expensive and harder to get right; regulatory investigations can uncover embarrassing material which could properly have been deleted; it is easy to break data protection and privacy laws relating to the retention of data if you do not know what data you have got. Furthermore, these risks become personal ones as regulators focus on individuals, and shareholders seek retribution for adverse publicity and falling share prices.
This, however, is only part of the story. Hidden in that data lies potential value, whether intellectual property with a cash value or the material needed to win a pitch or bring work to a billable conclusion sooner rather than later.
All this is swept up in the definition of information governance promoted by the Information Governance Initiative which reads:
“The activities and technologies organisations employ to maximise the value of their information while minimising associated risks and costs”
These are the things which Johannes Scholtes and I will tackle in Wednesday’s webinar. I have written before about the webinar is given by IGI’s Barclay Blair and ZyLAB’s Mary Mack. Johannes Scholtes and I will refocus the messages for a UK and European audience.