Looking back at 2008 in Information Governance
Published:
December 30 2008, 03:30 AM
by
Galina Datskovsky
As we approach the end of the year I would like to pause and reflect on some of the key events. It has certainly been a difficult year. We had a contentious election, perhaps the most drawn out one in recent history. We witnessed a financial melt down, fueled by greed of everyone, from the homeowners to the big financial institutions. We have seen large institutions such as Lehman Bros disappear. Most recently we have seen incredible greed, corruption and lack of moral values from some of the most "respected" men in the finance world, such as Bernard Madoff.
Looking back on this year, what are the lessons learned?
- There will always be greed and corruption, and therefore regulation is good and appropriate.
- Unregulated vehicles are risky and should be shunned.
- Governance overall, Information Governance and eDiscovery will be even more important in the new world of business
- We will come out of this stronger, safer and with a better regulatory structure.
- If something is too good to be true it probably isn't.
- Making a quick buck can be risky and one should take responsibility for one's risky decisions.
- A lesson learned from the big 3 automakers "“ build product that people want and your business will be much safer.
- And finally, litigation attorneys will have a great 2009 "“ A great year for the eDiscovery marketplace.
Here at CA, we're looking forward to 2009 and to many ongoing opportunities to help our customers improve reliability and stability through better governance.
By: Galina Datskovsky
Dr. Galina Datskovsky, Ph.D., CRM, is senior vice president and general manager of the Information Governance business unit within the Governance group at CA, responsible for the CA Message Manager and CA Records Manager product lines. She is also recognized as a Distinguished Engineer at CA, and joined...
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