I made my conclusion based on your last sentence: " How's that for a non-answer. :)
"
:-)
--- On Fri, 9/14/12, Julie J. Colgan <[log in to unmask]> wrote:
From: Julie J. Colgan <[log in to unmask]>
Subject: Re: [RM] Cost of Records Management
To: [log in to unmask]
Received: Friday, September 14, 2012, 9:35 AM
Haha - thanks, Alex. I don't often get accused of being shy. :)
On Fri, Sep 14, 2012 at 12:28 PM, sasha babin <[log in to unmask]> wrote:
> Julie,
>
> Don't be shy . .. you give a lot of directions to ask the right question
> and you give a listing of right questions that help organization to
> understand the value of its information assets and give monetary value for
> what calls Information.
>
>
> Thanks again,
>
> Alex
>
>
> --- On Fri, 9/14/12, Julie J. Colgan <[log in to unmask]> wrote:
>
>
> From: Julie J. Colgan <[log in to unmask]>
> Subject: Re: [RM] Cost of Records Management
> To: [log in to unmask]
> Received: Friday, September 14, 2012, 9:19 AM
>
>
> First - nice to see you on the list, Dana - been a while!
>
> I second that this is a fantastic question, however in Larry Medina style,
> I'd have to say the answer "depends".
>
> I work with many very large corporations who have little to zero formal
> records management functions. However, that doesn't mean they have no
> costs associated with recordkeeping or information governance.
>
> Depending on the purpose of your question and your intended argument, you
> could and likely should also consider costs for data storage, labor to
> maintain data storage, licensing costs for document/email/whatever
> management systems, and so on. You also have soft cost for opportunity
> loss besides the facilities aspect Dana provided below ... down time due to
> inefficient information creation/use/management, etc.
>
> You could also look at compliance for costs (recordkeeping activity aspects
> as well as compliance failure costs/fines), and also at litigation
> readiness and response costs (salaries, software, discovery vendor costs,
> sanctions/fines).
>
> When I work with my clients, the first thing I focus on is ensuring that
> they understand that their information-related threats and opportunities
> span wide and deep across the enterprise, and that "official records" and
> the activities associated with their mainentance are often just the tip of
> the iceberg.
>
> So, back to your specific question, organizations with strong
> corporate governance in general tend to spend less across the board than
> those who operate in a more ad hoc and siloed fashion.
>
> How's that for a non-answer. :)
>
> Cheers,
>
> Julie
>
>
> --
> Julie J. Colgan, CRM
>
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--
Julie J. Colgan, CRM
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