Information governance serves as the foundation for the entire process. It provides a framework that defines an organization's approach to creating, managing, and controlling its information assets.
By implementing information governance practices, companies establish decision rights, accountability frameworks, and processes to ensure appropriate behavior in the valuation, creation, storage, use, archiving, and deletion of information.
It enables organizations to proactively manage their information, making it easier to identify and locate relevant data during the eDiscovery process. Information governance ensures that the potentially relevant data is appropriately managed, organized, and accessible, reducing the time and cost associated with eDiscovery.
Moreover, information governance helps organizations meet legal and regulatory requirements by establishing policies and procedures that govern information management and retention. It ensures that data is retained and disposed of in accordance with legal and regulatory obligations, reducing the risk of non-compliance and potential legal sanctions.