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Home » Like Herding Cats: Corralling Data During Reconstruction

Like Herding Cats: Corralling Data During Reconstruction

May 17, 2017
CFO

For many companies, information governance is like herding cats when the herder doesn't know where the animals are located, can't tell cats from dogs, and isn't sure of the final destination.

Massive, disparate, and geographically distributed information stores, along with rapidly evolving regulations and years, if not decades, of neglect of IG best practices have put many organizations at risk of increasingly costly fines for compliance violations, huge e-discovery costs and penalties, and ever-increasing storage costs.

But if you think IG is tough at a typical enterprise, wait until you go through a corporate restructuring in today’s environment, when the risks are magnified, the challenges are stark, and IG failures frequently blow up both the budget and timeline set for the restructure, undercutting business goals.

Any form of corporate restructuring — change, merger, acquisition, divestiture, or bankruptcy — generates chaotic scenarios that are infinitely more challenging than typical IG.

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KEYWORDS Big Data/IOT Business Strategy Alignment Global Supply Chain Management Logistics Regulation & Compliance SC Finance & Revenue Management SC Security & Risk Mgmt Technology
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