--- title: "Meaning & Key Takeaway of: Information is a significant component of…" description: "\"“Information is a significant component of most organizations’ competitive strategy either by the direct collection, management, and interpretation of ..." image: "https://sms4smile.com/quotes/i/4cc/the-iia-research-foundation-16_business_information-is-a-significant-component-o_1400293.jpg" --- # Information is a significant component of most… ![“Information is a significant component of most organizations’ competitive strategy either by the direct collection, management, and interpretation of business information or the retention of information for day-to-day business processing. Some of the more obvious results of IS failures include…” quote by The IIA Research Foundation](https://sms4smile.com/quotes/i/4cc/the-iia-research-foundation-16_business_information-is-a-significant-component-o_1400293.jpg) [Download](https://sms4smile.com/quotes/i/4cc/the-iia-research-foundation-16_business_information-is-a-significant-component-o_1400293.jpg) [Open image](https://sms4smile.com/quotes/i/4cc/the-iia-research-foundation-16_business_information-is-a-significant-component-o_1400293.jpg) > ““Information is a significant component of most organizations’ competitive strategy either by the direct collection, management, and interpretation of business information or the retention of information for day-to-day business processing. Some of the more obvious results of IS failures include reputational damage, placing the organization at a competitive disadvantage, and contractual noncompliance. These impacts should not be underestimated.”” [The IIA Research Foundation](https://sms4smile.com/quotes/author/the-iia-research-foundation/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The report emphasizes the strategic importance of information assets, noting that failures cause reputational harm, competitive loss, and non‑compliance, urging robust governance. **In simple terms:** Effective information management protects competitiveness. Key Takeaway Guard data to sustain advantage. Themes information security risk governance strategy compliance Mood formal analytical serious Type Business:1 Cyber security:1 Data:1 Information-assets-protection:1 Information-security-governance:1 Information-security-management:1 Management:1 Organization Competitive:1 Competitive Strategy:1 Business Information:1 Organizations Competitive:1 Information Retention:0 When to use this quote - corporate IT - regulatory environments - business continuity Key Concepts asset protection reputational risk competitive advantage Questions to Reflect On - How can organizations prioritize information security? - What governance models are most effective? A Different Perspective May be overly technical for non‑experts. ★ ★ ★ ★ ★ No ratings yet [Business](https://sms4smile.com/quotes/about/business/) [Business Information](https://sms4smile.com/quotes/about/business-information-3643674/) [Competitive Strategy](https://sms4smile.com/quotes/about/competitive-strategy-3587817/) [Cyber security](https://sms4smile.com/quotes/about/cyber-security/) [Data](https://sms4smile.com/quotes/about/data/) [Information Retention](https://sms4smile.com/quotes/about/information-retention-4904667/) [Information-assets-protection](https://sms4smile.com/quotes/about/information-assets-protection-91287/) [Information-security-governance](https://sms4smile.com/quotes/about/information-security-governance-91307/) [Information-security-management](https://sms4smile.com/quotes/about/information-security-management-91308/) [Management](https://sms4smile.com/quotes/about/management/) [Organization Competitive](https://sms4smile.com/quotes/about/organization-competitive-1907592/) [Organizations Competitive](https://sms4smile.com/quotes/about/organizations-competitive-4904666/) ## Related quotes > [“Information technology (IT) assets must be protected from external and internal activities detrimental to effective and efficient functionality.”](https://sms4smile.com/quotes/robert-e-davis/information-technology-it-assets-must-be-protected-from-external-and/) [Robert E. 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