As an organization grows, it begins housing tons of information in the digital and physical format in its belly. An organization’s records can be thought of as the ‘blood’ (information) that flows through several ‘veins’ (Departments & processes) and keeps operations alive. Day-to-day crucial business processes, client/customer information, finance & tax information, compliance and legal operations rely on efficient Records Management. If anything halts the healthy Records Ecosystem within a company, chaos ensues. And, imagine lest a disaster strike that obliterates sensitive records and data! This scenario becomes even more critical when Government PSUs face Record & information disasters.
Digitization has become synonymous to smart businesses. With the internet ruling the world, the way individuals and organizations access and utilize the information has changed forever. It would not be an understatement that businesses managing their information with physical records need to step up to stay in the fast-paced digital playfield. Digitization of the critical records is the sure-shot strategy to gain an edge in the digital business landscape.
Walking hand-in-hand with Digital technology is not just meant for big corporates and online businesses. It is the need of the hour for every small business and even self-employed practitioners. When it comes to efficient data-management digitization of the existing records serve excellent purpose for seamless information management. Medical Professionals, especially, need to consider the benefits that digital records bring in.
Businesses often find it arduous to manage their records systematically amidst the regular operations. However, they cannot overlook records management owing to its critical role in compliance, litigation and business intelligence. So, is there a secure and effective solution for Business Records Management without overwhelming your office resources? Yes; and many businesses are already leveraging its benefits. The solution is Offsite Records Storage!
Information Management disasters are not uncommon. They have existed since the time humans began ‘documenting’ things. From natural factors beyond our control to human-errors (unintentional or deliberate), archived information can be destroyed beyond recovery given the spectrum of risks. However, not all industries will have the same risk-exposure to Information Management Disasters. It all depends upon the operational dynamics of the organizations working in that particular sector, the amount of information they have to deal with, and the extent to which the sector has adopted modern Record Management practices.
Our environment is at the verge of falling to a state of irreversible damage. Imagine a world where the air is not fit to breath, fresh potable water is a rare commodity, and green ecosystem an extinct concept! This picture is a very possible future for our planet and the sheer terror it generates has compelled the authorities and corporate alike to take all measures necessary for environmental protection. In fact, if every business becomes ‘green conscious’ and contributes a little to the planet, we can very well add to the longevity of our environment.
Every business, big or small, has to tackle copious amounts of paperwork and digital information. Enterprises with a big stakeholder footprint can only bear with such loads with a proper Document Management System at place or by availing the services of a Records Management System. However, many businesses see a Document Management System as a novelty rather than an investment. Though, this can prove to be a costly error in judgment.
Last century changed the course of the entire human society with the wonders of Industrialization. The present century is ailing for the damage done by it to be fixed for good. Environmental deterioration and Global warming do make-up for entertaining science-fiction and post-apocalyptic movies. Sadly, they are real!
The Butterfly Effect states that ‘Events as small as a flap of a butterfly’s wings in one hemisphere of the planet can so trigger a chain of events as to cause a storm in the opposite hemisphere!’ If events and processes are related to each other with such intricate mechanisms, then their effect can be seen in the fine machinery of large enterprises as well. A small untraceable obstruction in communication, coordination, information or execution could topple the net productivity of the workforce.
Employee Records make up for a crucial part of all the organizational records. Not only their sheer volume is humongous, they contain information essential for compliance, support and security. Employee records must be up on your priority list alongside the financial records for organization and curation.