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Date: | Fri, 22 Dec 2006 12:55:23 -0500 |
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I would ask, "Given the tremendous liability to the officers, board
members and even the audit team, created by recent federal court
rulings, what changes in direction should those of us in records
management area expect with regard to protecting and managing mission
critical corporate records? Or will status quo be the guide in the
coming year?
I don't think this is too harsh and it makes the officers aware that
you are on top of changes in the industry. If he or she asks, "What
regulations are you referring to?" Respond "I speak of the extensions
in liability for the management team created by Rule 26 and court rules
on Electronically Stored Information (commonly referred to as ESI) as
focused directives extending the range of Sarbanes Oxley?"
My guess is the reply will be "Let talk about this later in more
detail." So do your homework as you will soon be meeting with the CEO
and the auditors in a meeting that will advance your career. If you go
in unprepared then the opposite could occur.
I would be prepared with an outline of how your company does things now
and the problems that could create under these new rules and a
direction that could be charted that could eliminate the most grievous
problems. Thus insulating the officers more precisely.
Have some simple steps and Pat has already mentioned this.
Hugh Smith
FIRELOCK Fireproof Modular Vaults
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