Taxonomy of literature to justify data governance as a pre-requisite for information governance

Abstract

Due to the increased use of technology by a wider section of society, stakeholders, non-stakeholders and other informal interests can easily access an organisation’s most sacred information assets. As a result of the role played in planning, information is presently regarded as a key asset of an organisation. Data forms the basis of information, which is the central, most important factor employed by organisations in fiscal and strategic planning. In spite of this, not much attention or resources is devoted to data governance. This study chronicles extant literature to justify the position that data governance should be a prerequisite for information governance within organisations. The study argues that an information governance policy which is based on inaccurate, incomplete, obsolete and fallacious data is detrimental to the organisation. The study concludes by proposing four critical success factors for data governance which will ensure that information is accurate, relevant and meets compliance standards for an organisation.