Briefly name three (3) components required to successfully conceive a complex set of inter-operable processes and implementable procedures and structural elements.

Q1: In order to interpret the Information Governance Reference Model (IGRM) diagram. It is recommended that we start from the outside of the diagram.

Briefly name three (3) components required to successfully conceive a complex set of inter-operable processes and implementable procedures and structural elements.

Q2: In chapter seven (7), we have learned from “The Path to Information Value” that Seventy percent of managers and executives say data are “extremely important” for creating competitive advantage.

In addition, it is implied by the authors that, “The key, of course, is knowing which data matter, who within a company needs them, and finding ways to get that data into users’ hands.”

Looking at the Economist Intelligence Unit report, identify the three (3) phases that led to the yard’s rebirth.

Answer preview………………………

IGRM

Information Governance Reference Model is used in organizations to manage information. IGRM enables the company manage its operational transparency, reducing expenditures and legal compliance. Organizations formulate policies that enable proper handling of information stored electronically (Smallwood, 2014).. IGRM entails the security of the information, protection and compliance. The components of the IGRM needed include the stakeholders, the center and the outer ring…………..

APA 553 words