Information governance is purposed to automate an organization’s repetitive function in a manner that connects systems and offers a seamless end-user experience. In other words, through information governance, an organization is transformed into a humanized experience (Kim and Lee, 2021). Digital transformation involves integrating technology into every business area, fundamentally modifying its operations, and delivering value to consumers (Kim and Lee, 2021). Collaboration and innovation are critical to enhanced information management and business performance, which empowers the right individuals at the appropriate time to execute business procedures. Whether traditional or digital, information becomes useful only when it is easily accessed at the right time and in the context of business procedures (Kim and Lee, 2021). Further, employees must be able to trust its validity and understand it.
The relationship between information governance and digital transformation lies in the understanding that as businesses transform, they perceive data governance as their way to enable data-driven decisions. Further, digital transformation facilitates enhanced organization reputation, reduced data breaches’ fines and costs enhanced competitiveness through intellectual property (IP) safety (Kim and Lee, 2021). Organizations can attract and retain consumers through data governance while increasing their revenue. Therefore, to achieve this, organizations must roll out digital transformation to quickly respond to consumer needs while safeguarding consumer information and corporate IP Kim and Lee, 2021). In other words, information governance and digital transformation can co-exist to deliver an improved consumer experience, which positively influences an organization’s long-term sustainability and relevance. By involving information technology, innovations in technology, and data, organizations must oversee the right implementation of digital transformation to address security and privacy concerns (Kim and Lee, 2021). Further, digital transformation is significant in information governance since it facilitates that care duty responsible for upholding every stakeholder’s responsibility.
Reference
Kim, J., Lee, R. (2021). Data science and digital transformation in the fourth industrial revolution. Springer.