Given the ever-increasing amounts of information being generated by systems, applications and measurement tools, a strategic approach to managing information is a requirement, not a luxury. Every record within your company represents a huge opportunity for organizations wishing to act with agility, so the proper management that information should be a priority. Complicating matters, new and evolving data-specific compliance regulations, are forcing companies to reexamine records management practices to cope with the rapid rate of growth or records and data.
To better understand how organizations are coping with these challenges, we surveyed over 350 records, archive and information management professionals—across lines of business, IT and compliance organizations. We asked them what their biggest challenges were—what impediments were holding them back from fully executing on their strategy. The following is a summary of the five most common challenges we heard and our recommendations on how to overcome them.