Abstract
Social and Solidarity Economy (SSE) initiative which has been implemented in Malaysia and shows it success when four case studies reported SSE communities or organization displayed efforts in helping the public on exiting economic crisis. However, the information miss-governance destroys the SSE business value, slow down organization and creates unnecessary risk to the SSE communities when the government and state neglected SSE successful initiatives in combating economic crisis of the public, yet not having them as a solution to the economic downturn. A case study was conducted to identify implication of information governance towards social solidarity economy initiative. Information Governance Framework were tested to two focus group using empirical study. The framework was simulated on the focus group to analyze its significant impact. The results of the study indicates that information governance increase income generation with significant achievement. The results of this study is important to demonstrate application of IG towards SSE decreases opportunity of business operation mistakes and dark data composition.
Highlights
Social Solidarity Economy (SSE) in Malaysia formed based on four components which can be quadrantile into: (1) cooperatives; (2) social enterprises; (3) civil society organizations that run economic activities; and (3) mutual benefit societies[25]
All focus groups were called for document analysis and an interview session to analyze the achievement of research objective
Information Governance approach assist every aspect of business processes in terms of optimization value of information
Summary
Social Solidarity Economy (SSE) in Malaysia formed based on four components which can be quadrantile into: (1) cooperatives; (2) social enterprises; (3) civil society organizations that run economic activities; and (3) mutual benefit societies[25]. The researcher aims to provide an open way to embrace solidarity economy in Malaysia by having information governance as the lubricants to the economic system. It is a discipline that includes people, processes, policies, and metrics for the oversight of enterprise information to improve business value. SAP Thought Leadership Paper 2014 stated information governance could improve business value, offers more business advantages, and shows clear benefits that companies have achieved through their own information governance initiatives, so that this will urge the government to construct viable policy in strengthening the country’s economy by looking at SSE initiatives. The study aims to identify IG implications on SSE initiatives
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