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How Can You Increase the Velocity of Your IG Projects?

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Have you taken the 2016-2017 IGI Annual Survey? Help us develop our next Annual Report by sharing your insights! Take the Survey today.

In our last look inside the IGI Annual Report 2015-2016, the industry’s most comprehensive research on information governance (IG) as a concept, profession, and market, we looked at what IG projects practitioners are working on or had planned in the next year. Today, we look at how long it takes for IG projects to get started and some ideas on how organizations can move them along faster.

We asked practitioners how long it takes a typical IG project to begin at their organizations from the time it is first conceptualized to the time that money and people are allocated to the project and it actually begins. We asked providers the same about their customers. Here is what we found.

IG projects take too long to get started. Most practitioners reported that it can take a year or more. We believe this is indicative of a lack of formality in corporate governance and decision-making structures around IG. In other words, at most organizations, it is still unclear where the budget comes from or who is in charge. This means more drawn-out processes that are often a threat to project success, as many of our benchmarking interviewees attested. (See Stories in Information Governance: The IGI 2015 Benchmarking Report).

Providers also report long lag times for IG projects to get started at their customers, although those lag times are shorter than what practitioners report for themselves. This may reflect that providers are being brought into IG projects later in the decision making process.

How does your organization compare to these project timelines? If your typical project is taking a year or more to start, you are certainly not alone. But do not take solace in this fact. While many IG projects are complex, remember that we are just talking about the time it takes to get started here, not how long it takes to actually do the project (which legitimately may take years, not months, like any enterprise project). Use this as a call to action to put foundational elements of your program in place so that you can speed up these times.

We expect this to improve as IG leaders emerge. A clearer understanding of what IG is and what it can achieve, as well as clarification of IG leadership and operational models, will help. This is a central mission of the IGI, and we address it throughout the Annual Report.

The IGI has begun the process of developing the 2016-2017 IGI Annual Report, building upon the success of the last two years. As part of the research for our Report, we are conducting a survey of information governance professionals. Please participate in our survey to help us create a great resource for the IG Community. The results will be published in a comprehensive Annual Report which will include a variety of infographics and other tools we will freely provide to the IG Community under a Creative Commons license. These infographics have become part of many IG practitioners’ internal presentations, and the Annual Report has become the go-to reference guide for many in the industry. In the meantime, take a look insider last year’s report. All data you provide through this survey will be reported anonymously.

As a thank you for completing the survey, we will provide a discount code for a reduced rate for some of our upcoming events including the 2016 IGI Internet of Things Summit in Ft. Lauderdale, December 11-13, 2016.

Register Today for the IGI's 2016 Internet of Things Summit

The 2016 IGI Internet of Things Summit is a new event for information leaders examining the information governance issues of the exploding world of the Internet of Things (IoT). It is predicted that by 2020, there will be tens of billions of IoT devices in use. Technology is enabling us to gather and use industrial, sensor, and other data like never before. However, all the new data that is being generated by the IoT not only creates personal, societal, and business opportunities, but also risks.

Organizations should not address these dynamics in a vacuum. Instead, they should leverage information governance, a comprehensive framework for maximizing the value of information while minimizing its risks. From legal to technological challenges, the risks and rewards of IoT are only beginning to be understood. Place yourself at the forefront of the IoT revolution by attending this exciting new event from the leading industry think tank, the Information Governance Initiative. Register today!

The post How Can You Increase the Velocity of Your IG Projects? appeared first on Information Governance Initiative.


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