- Published: 21 July 2011
Data Resource Management or Information Resources Management are terms that have been synonymous with organizations who manage data. But the implications of the following questions within an organization are critical for the growth, stability, and delivery of business results: who gets what data and who converts data into information; who balances the competing interests of leaders and followers; and who benefits from the stewardship (not the ownership) of the data; and how does the choice of implementation of information technologies affect organizational survival. So, without a sound set of principles, practices, tools, techniques, and decision criteria, the organization can be severely constrained in meeting its targeted goals. Data Management provides the foundation to organization survival and information security.
Having an organization who focuses on information and data management helps to catalog, assess, validate, and determine the viability of the data resource. Along with decision-making, managing of data is essentially for making good, reliable business decisions.