We often get customers asking what the difference is between Information Management and Information Governance, and which one do they need – or do they need both? Let’s start by defining what these two concepts actually are:
Information Governance is the set of structures, policies, controls and metrics that specify how the organization’s information is managed as a business asset.
Information Management is the set of individual activities and tasks carried out by an organization in order to organize, retrieve, acquire, secure and maintain information within the business.
We can position Information Governance as the STRATEGY for guiding the management of information, i.e. the what we need to manage and why we need to manage whilst Information Management is more the TACTICS used and how the information is managed.