you will develop a full Annotated outline including the specific sections where each of your resources will be used in your FInal Research paper. Note you can research and find many examples of how to build an Annotated Bibliography; For Reference Link https://owl.purdue.edu/owl/general_writing/common_writing_assignments/annotated_bibliographies/annotated_bibliography_samples.htmlfor some samples on APA format.
Your Annotated Bibliography should be about 3 double-spaced pages in length as a guideline.
FYI Milestone – 1
Information Governance program
The explosion of data and information in business implies that traditional information management processes or activities like record management no longer suffice when it comes to the management of information and records especially in the increasingly complex and difficult regulatory and legal requirements that have been placed upon organizations (Ladley, 2019). Subsequently, just like in many other organizations that have been affected by the huge spread and reliance of data informatics for decision making, the organization will be well served by having an information governance program which is crucial in the reduction of costs, risk mitigation, revenue increases and access to information.
In developing the information governance policy, the organization must, therefore, take consideration of several legal requirements as described in the preceding section. For example, the organization, operating in the healthcare industry needs to understand the regulatory requirements under the Health Insurance Portability and Accountability Act of 1996 (HIPAA) laws on the privacy of information (Rasouli, Trienekens, Kusters & Grefen, 2016). This is because such laws provide guidelines regarding the exposure of private information that is held within the organization and the penalties associated with exposing such information even if the exposure was to occur accidentally.
Based on the foregoing information, the information governance program should capture several issues as discussed in the preceding section. First, the organization needs to identify and understand the nature and type of information in its possession with regards to the value of the information as well as its impact to the organization in case such information was to get lost, altered, deleted or exposed without the necessary authorizations (Ladley, 2019). By doing so, the organization will be in a position of developing a data or information classification system. The information classification system will be important in ensuring that the information in the possession of the organization is only accessed by people that have the authorization to do so by establishing access controls depending on the nature of the information.
Secondly, the organization needs to develop a data or information management policy. The information policy must capture several issues. First, the policy must ensure that responsibilities for information within the organization have been clearly defined (Ladley, 2019). This ensures that both the information owners and the managers are clear regarding their responsibilities when it comes to the management of information within the organization.
Besides, the information governance program based on the increased demand and use of social media must be tailored with due consideration to the legal requirements of spreading or sharing information through social media (Rasouli, Trienekens, Kusters & Grefen, 2016). Further, the program is supposed to ensure that the organization is in a good position to comply with any legal requirements regarding information were it to be asked.
To ensure the success and sustainability of the information governance program, the organization will need to train its employees not only on the need for the program but also on how to implement the program while adhering to the designed policy (Rasouli, Trienekens, Kusters & Grefen, 2016).
In conclusion, the proposed information governance policy will help the organization to avoid the many risks associated with the exposure, deletion, alteration and loss of company information and which may result in lengthy and costly suits to the organization. Besides, the information governance program will add value to the organization by ensuring increased efficiency not only in the management of information but also information collection, storage, accessibility and transfer.
Ladley, J. (2019). Data governance: How to design, deploy, and sustain an effective data governance program. Academic Press.
Rasouli, M., Trienekens, J. J., Kusters, R. J., & Grefen, P. W. (2016). Information governance requirements in dynamic business networking. Industrial Management & Data Systems, 116(7), 1356-1379.