"Command & Control" approach towards minimizing the costs and increasing effectiveness of Information Management may turn out to be very expensive and time-consuming (which defeats the original purpose of saving money).

How about applying the principles of market economy to Information Management? It starts with a simple acknowledgement: “Information is an Asset.” Then, you need to make just a few steps (most of them are typically part of Data Governance initiatives) in a certain sequence – and you are able not only to evaluate the cost of producing and managing your company’s information, but also to establish economic motivation for minimizing these costs and the time-to-market. A company that is market-driven internally has much better chances to succeed in competing on external market.