Would Middle East see an immediate change in management as the demand for governance increases?...In the absence of eDiscovery laws, the only way to secure one’s risk is to govern one’s information assets
Though high-level records management principles are going to be similar across the globe, the type of specific policies a particular organization puts in place will depend heavily on the business sector(s) and geographic regions in which they are active, as well as their own actual levels of commitment (by both management and staff), allocated resources and perceived legal risk. Mitigating legal risk Certainly, many instances still exist in which some organizations think about retention in terms of a very narrow “documentation management” model (i.e. storage focused rather than process focused), which falls short of meeting regulatory or performance expectations. Organizations can even be fully aware of the benefits of good records management but feel that setting up a formal and committed records management structure is a hassle and that the benefits don’t outweigh the costs or effort involved
An Electronic Records Management (ERM) Program should typically form part of a broader enterprise-wide Records and Information Management (RIM) Program in an organization that includes management records of all media (hard-copy, electronic) enterprise-wide. A RIM governance structure should have a senior management owner or “champion” (depending upon how defined in the organization) as well as the head of the RIM function
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IT departments understand Records Management (RM) and strive for good Knowledge Management (KM) as a strategic part of the business value, making their lives much easier
With a 30 year view of records management as a practitioner in private and public sectors, educator, consultant, and now blogger, I think the bigger risk is a lack of leadership for records and information management at C-levels of organizations
Thinking about moving to the cloud or establishing a cloud information management system can be both exciting and nerve racking
This leaves a considerable amount of risk on the table. In addition, as Gartner’s Debra Logan stated, in many other organizations, everybody is responsible for their own records management, which more or less results in the fact that nobody does it
However, assets that expose organizations to financial risk, can be accounted for by using contingent liability accounts
ROI is a double-edged sword, with one edge being maximizing Return on Investment and the other edge being reducing the Risk of Indictment
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