Information management is concerned with the infrastructure used to collect, manage, store, and deliver information, as well as guiding principles to make information available to the right people at the right time. It encompasses people, processes, technology, and content. The purpose of information management is to design, develop, manage, and use information with insight and innovation to support decision making. It involves gathering information from various sources and organizing it through different stages from tagging to structuring and archiving. Managing information successfully requires competencies across several knowledge and process areas. Common challenges organizations face include disparate systems, lack of integration, outdated legacy systems, and poor information quality.