The business benefits gained through the development of a clear information management (IM) strategy can be split into two types:

  • The benefits that are delivered from the systems and processes as a result of the IM strategy 
  • The avoidance of the pitfalls and mistakes commonly associated with not having a clear IM approach.

Specific benefits of an IM strategy include:

  • Everyone driving and reviewing business performance using the same auditable, agreed and understood numbers
  • The correct information being available to the correct people at the appropriate time
  • The ability to be able to cater for dynamic business requirements with the minimum amount of disruption

 

  • Improved information searching capability, saving employee time and litigation e-Discovery costs
  • Reduction in risk and storage costs associated with paper content
  • Automatic disposal of information on expiry of retention period
  • Efficiency savings through workflow managed business processes