Information management (IM) is a critical function in any company. The information residing in your company's information systems is a corporate asset. Accordingly, it must be managed effectively to provide maximum value. What's more, how effectively you manage your company's information will largely be determined by what kind of IM strategy you develop.

However, despite the criticality of the IM function, IM is often a vaguely defined concept, at best. So I think it's a good idea to start with a clear definition. My definition of IM: the utilization of hardware, software, people and processes to gather, store, organize and deliver enterprise information with the twin goals of providing required information to knowledge workers and facilitating management analysis and decision making.

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