Poor management of electronic information can inhibit global strategies, drive up costs and risks, create business inefficiencies and tarnish reputations. In the meantime, faced with increasing scrutiny by outside regulators and opposing litigators, the cost of compliance and discovery continues to skyrocket.
It is not surprising that organizations look for a quick fix to this dilemma. Unfortunately, the hunt for a quick fix can drive them to make five common mistakes when they try to set up a viable electronic information management program.
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