Friday, March 9, 2012

Developing a comprehensive information management plan to facilitate eDiscovery - part 2



http://ow.ly/9ypQJ

An article by Tim Bovy posted on the inforiskawareness.co.uk website.

This article is part 2 of a series, and provides a link to the initial article in the series as well. The articles discusses best practices associated with implementing an information management plan for a business.

The article discusses the fact that many businesses fail to effectively plan how to internally use the resources that they have.  The article states, "In its 2010 survey, for example, Symantec noted that "an information management gap exists between what enterprises realise they should do and what they actually do." Less than 46 percent of the 1,680 senior IT and legal executives that they surveyed in 26 countries had "a formal information plan". The consequences of this inertia account, at least in part, for the unsettling fact that "the average life expectancy of a company in the S&P 500 has dropped precipitously, from 75 years (in 1937) to 15 years in a more recent study." In today's business environment, organisations that do not see IT as the handmaiden of the business are bound to fail."

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