Question

What are the consequences of an organization not having an information policy?

Answer 1

Information policies outline the rules for using this essential resource, including how it will be shared, maintained, distributed, and updated. If an organization does not have an information policy, it will put their system in a mess, resulting in various problems that would pull down their business. The biggest dilemma it will face is the loss of customers as well as investors and suppliers since the system is so messed up it will not meet the demands of these people. Secondly, It will slow down the business process because of a disorganized system, causing delays that would significantly affect its efficiency, giving the people an unsatisfactory service. Thirdly, there is a high tendency that the information that the organization would need at a specific time would not be found easily because some of the information might be mixed up with other files or get lost in other systems. It would also have some confusion with the data since there is a data redundancy that might occur. Fourthly, the organization is missing out on the significant edge these information policies give to the company that would supposedly provide them with an advantage in the business field, thus, boosting their company. Lastly, it provides the company with low-quality data, which gives the business inaccurate information of the company’s standing and situation that causes troubles in the decision-making of the heads in attaining their company’s goal to success. Whence, an organization with no information policy, would only lead its company into the road of rock-bottom since it bears so many consequences that extensively pulls the company down.

TOPIC 4