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Information Management Strategy

Need an information management strategy checklist and want some practical timesaving suggestions and sample templates?

Imagine you have just purchased an old house and you want to makeInformation Management Strategy some renovations. 

You call an architect who asks you a series of questions such as how you plan to use the house e.g.
  • How many people will live there? Will you be having many parties?
  • Will you need space for your mother-in-law or for other guests?
The architect then inspects the house to get a better appreciation for what can be done and what needs to be done. 

The architect goes away, does some work and comes back with a series of drawings and plans. These show you what can be done with the house, how much it will cost, how long it will take, and what resources are needed.

What is an information management strategy?

A strategy document is similar to an architect’s drawings and plans.  It is created by an information management architect. It specifies:
  • A discipline required to govern accountability for the structure and design, storage, movement, security, quality, systems development and usage of information required for management and business intelligence purposes; and
  • An implementation plan.
Think of it as:
  • Looking at where we are (the current situation);
  • Deciding where we want to go (the desired situation); and
  • Defining how we are going to get there.
Why is it important?

Would you start a major project without a project plan? Not in today’s world when every penny is squeezed so hard your fingers turn copper.

A strategy document is really a project plan with one major objective “successful implementation of information management”.

It provides a blueprint for action and confirms the management commitment, approach, schedule and accountabilities required to implement sound information management.

Information management strategy checklist

Create a project management plan to secure management commitment for the approach, schedule and cost of the information management strategy project.                        
Analyze data structure and design to gain an understanding of what data is required to support management and business intelligence purposes and create a conceptual data model.   
Analyze data storage and enterprise data management to determine where/how data is currently stored.
Review enterprise data movement and document understanding in the form of a conceptual data flow diagram.
Review data security and data file recovery procedures.  
Review meta data management processes and best practices.     
Examine data quality management
Look at the project management life cycle to determine if it is consistent with information management requirements.
Review roles and responsibilities and human resource strategy.
  Determine what business management information is required to support on-going operations.
Review business intelligence strategy.
Review change management strategy to ensure that it supports information management requirements.
Review information management policies.
Formulate a data management strategy; and  
Develop an information management plan.


Risks

We need to be very careful to avoid too much detail. Failure to do this will increase the time required to complete the planning process and will not provide substantially more benefit.

Summary...

An information management strategy is an intensive planning phase where we analyze the current information management situation, develop recommendations for the desired situation, and present an implementation action plan.


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