Week 3 discussion: Information Governance

Q1) In order to interpret the Information Governance Reference Model (IGRM) diagram. It is recommended that we start from the outside of the diagram. Briefly name three (3) components required to successfully conceive a complex set of inter-operable processes and implementable procedures and structural elements.

Q2) In chapter seven (7), we have learned from "The Path to Information Value" that Seventy percent of managers and executives say data are “extremely important” for creating competitive advantage.In addition, it is implied by the authors that, “The key, of course, is knowing which data matter, who within a company needs them, and finding ways to get that data into users’ hands.” Looking at the Economist Intelligence Unit report, identify the three (3) phases that led to the yard’s rebirth. 

The three stages that prompted the yard's resurrection were "Spotless", "Form and Keep up", and "Adapt"

Please answer each question separately and atleast 150 words for each question with references

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