In today’s evolving workplace each department or ‘business unit’ is treated as its own individual business, with its own cost centre, overheads and profit targets. Although this is good for healthy profits and board level reporting, it can also be the cause of conflicting objectives and issues with inter-department communication. A legal department for example… [Read more…]
Only when efficient records management policies and practices are in place can an organization hope to fulfill its enterprise-wide knowledge management goals. This approach has at its core the principle that “knowledge management” is really more of a conceptual ideal than an operational model. In other words, “knowledge management” is the way an organization says:… [Read more…]
Considering the context outlined in the previous section, any records management solution should at least adhere to the following basic principles: Creates additional flexibility regarding the way records are actually defined within the organization; Supports the management of records as they are currently used (a file plan); Provide a comprehensive and workable strategy for secure… [Read more…]
Managing and controlling electronically stored information (ESI) is a matter of technology, but also of strict procedures, quality control and well-documented information management activities. ESI has become one of the most serious sources of legal exposure and risk. Technology is essential and the technology options abound: advanced culling; processing and (forensic) full-text indexing; concept and… [Read more…]
Although storing 250GB of data can cost less than $250, hiring an external firm to process and review this data for e-discovery can cost up to $1 million. The impact of these costs is particularly noticeable to in-house legal teams and support staff who are often at the front lines of any e-discovery activities occurring… [Read more…]
October 31, 2011
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