Enterprise Information: Managing and Mitigating Risk

As new forms of content and communication are developed, organizations are increasingly faced with a high volume and complexity of information.  Adding to the challenge, the legal and regulatory environment for most enterprises has become more rigorous, imposing significant obligations on all types of content and information channels.  Companies today need to find methods to address these needs if they are to effectively manage risk and discover the true value of the information they hold.

As new forms of content and communication are developed, organizations are increasingly faced with a high volume and complexity of information.  Adding to the challenge, the legal and regulatory environment for most enterprises has become more rigorous, imposing significant obligations on all types of content and information channels.  Companies today need to find methods to address these needs if they are to effectively manage risk and discover the true value of the information they hold.

MIKE2.0 is currently working on an open framework for risk management that aims to alleviate some of these organizational concerns:  http://mike2.openmethodology.org/wiki/Risk_Management_Plan_Deliverable_Template

Have you tried a similar approach?  What advice can you offer IM professionals who are looking to mitigate legal and regulatory risk while converting information into usable intelligence?