Whole Network Most Recent TOP10 Accounting Compliance Ethics SOX

 

Trouble in store

Filed in archive Compliance by leon on September 19, 2006

syd-5alg8c4akro183ycfp2k_layout.jpg
Here's some disturbing evidence from a study on compliance-readiness, or the lack of it.

And with more companies going to court over employee email issues, or having their own emails subpoenaed, it should be ringing alarm bells.

According to the BPM Forum Report close to half, or 47.3 per cent, of all senior executives are concerned that their companies' failure to effectively archive and manage all of their electronic content could be a critical liability for their organisation.

It found that 33 per cent of respondents said they had no corporate policy covering electronic records management. For that matter, nearly 20 per cent didn't even know whether they even had a policy. Barely 40 per cent felt their companies were effectively enforcing whatever electronic records management policies they had in place..

And while the threat of lawsuits is still around, more than a third (36.4 per cent) said their companies had no technologies or policies whatsoever in place to manage a legal discovery order involving electronic records.


Advertisement


Permalink: Trouble in store
Tags: document  storage  BPM  Forum  Report  corporate  trouble+store  hedge+funds  management+compliance 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/36579



Advertisement


Advertisement


CW ToolbarInstall
RSSrss   | See all blog subscribe options
Googlegoogle   |   What is RSS?
Yahoo!yahoo
AddthisAddThis Feed Button
BloglinesBloglines
Newsletter

Use our search feature to look for other interesting posts

Just this blog Whole network
Advertisement -
Book yours here..


 
  • Would you like to have a new interactive marketing channel for your company? Learn more about Sponsored Blogs with Creative Weblogging. See how we helped companies like Weblin and cellity reach their goals.
  • Would you like to reach millions of blog readers every day? See you banner on hundreds of blogs with TierOneAds? Stay in control measuring conversion in real time. Register now.
  • Would you like to make more money blogging? Use TierOneAds a new platform that allows you as a blogger to set your prices per impression. Register now.
  • Do you have a blog with more than 50k page views from the US? Let us market your blog and earn great fix payments and bonuses.
  • Would you like to see your text link here? Let us know!
Advertisement
Book yours here.



  • Other blogs in the same channel in the Creative Weblogging Network

Advertisement -
Book yours here..






Advertisement - Book yours here..
 
Tagcloud: Accounting boards of directors Compliance corporate crime corporate governance corporate reputation Ethics events executive pay litigation markets regulators risk shareholder activism SOX Sponsored Blog strategy