An organization can establish a consistent and logical framework for employees to handle data through their information governance policies and procedures.
As data generation exploded in recent decades, and regulations and compliance issues increased, traditional records management failed to keep pace.
ARMA International recognized that a clear statement of "Generally Accepted Recordkeeping Principles®" ("The Principles") would guide: Information governance goes beyond retention and disposition to include privacy, access controls, and other compliance issues.
IG includes consideration of how this data is held and controlled for e-discovery, and also provides a platform for defensible disposition and compliance.
With all of these additional considerations that go beyond traditional records management, IG emerged as a platform for organizations to define policies at the enterprise level, across multiple jurisdictions.
A coalition of organizations known as Electronic Discovery Reference Model (EDRM), which was founded in 2005 to address issues related to electronic discovery and information governance, subsequently developed, as one of its projects, a resource called the Information Governance Reference Model (IGRM).
Many enterprises create information governance committees to ensure that all necessary constituents are represented and that all relevant issues are addressed.
[15] To extract the maximum value from that data while simultaneously protecting an organization from its associated risks, business leaders have turned toward the CIGO because of the role's independence from other departments.
CIGOs are tasked with neutrally balancing the needs of all departments with respect to an entire organization's top priorities.
[16] Though the position is an emerging one, support for the CIGO continues to rise as business leaders increasingly understand the implications of information governance (and more importantly, the lack thereof).
Some of these regulations include: Information Governance Initiative On May 20–21, 2015, the hosted the first annual CIGO Summit in Chicago, Illinois.