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By implementing a Records Retention Schedule (RRS), companies waste a lot of resources annually by saving physical and electronic information they do not need. Executing a RRS will also reduce your liability.
Three common reasons why an IG program will fail are a lack of executive sponsorship, poor change management and an improper or complete lack of an IG steering committee.
No, while it is a step in the right direction to have an IG program in place, the program must be both in place and followed by the organization. By not following your IG framework completely you essentially have an incomplete program, increased liability and are no longer operating in a legally defensible manner.
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