Information management strategy is a vital requirement to have quality information management practices in the organization. Based on your knowledge of this part in the course and your experience of reviewing and summarizing a published information strategy, how an organization achieves the best of having information management strategy taking into consideration when answering this question the following points: success factors, monitoring and auditing, and barriers for formulating and implementing information management strategies?
The strategy to watch if the information management is the same as the information governance of a company is known as information management.
According to the information management system can work for business improvement. The information management system is beneficial as it leads to the below-mentioned things:
• Success factors- the information management system leads to an increase in the efficiency of the business. The deviation in the plan can be easily known and can be easily controlled as well.
• Monitoring and auditing: information management system is used to keep the check whether the plan and strategy made were working appropriately. It also helps to check that the work was done according to the idea or not. The auditing is done to check the reasons for deviation.