Records Management
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Records Management
Records management, also known as records and information management, is an organizational function devoted to the information management, management of information in an organization throughout its records life-cycle, life cycle, from the time of creation or receipt to its eventual disposition. This includes identifying, classifying, storing, securing, retrieving, tracking and destroying or permanently preserving records. The International Organization for Standardization, ISO ISO 15489 Information and documentation -- Records management, 15489-1: 2001 standard (ISO 15489 Information and documentation -- Records management, "ISO 15489-1:2001") defines ''records management'' as "[the] field of management responsible for the efficient and systematic control of the creation, receipt, maintenance, use and disposition of records, including the processes for capturing and maintaining evidence of and information about business activities and transactions in the form of records". An organi ...
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Information Management
Information management (IM) is the appropriate and optimized capture, storage, retrieval, and use of information. It may be personal information management or organizational. Information management for organizations concerns a cycle of organizational activity: the acquisition of information from one or more sources, the custodianship and the distribution of that information to those who need it, and its ultimate disposal through archiving or deletion and extraction. This cycle of information organisation involves a variety of stakeholder (corporate), stakeholders, including those who are responsible for assuring the quality (business), quality, accessibility and utility of acquired information; those who are responsible for its safe Data storage device, storage and :wikt:disposal, disposal; and those who need it for decision making. Stakeholders might have rights to originate, change, distribute or delete information according to organisational information management policies. ...
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2001
The year's most prominent event was the September 11 attacks against the United States by al-Qaeda, which Casualties of the September 11 attacks, killed 2,977 people and instigated the global war on terror. The United States led a Participants in Operation Enduring Freedom, multi-national coalition in an United States invasion of Afghanistan, invasion of Afghanistan after the Taliban government was unable to extradite Al-Qaeda leader Osama bin Laden within 24 hours. Other international conflicts in 2001 were the 2001–2002 India–Pakistan standoff, standoff between India and Pakistan as well as the Second Intifada between Israel and Palestine. Internal conflicts began 2001 insurgency in Macedonia, in Macedonia, 2001 Central African Republic coup d'état attempt, in the Central African Republic, and RFDG Insurgency, in Guinea. Political challenges or violent conflicts caused changes in leadership in Argentina, the Democratic Republic of the Congo, Indonesia, Nepal, and the Ph ...
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Retention Schedule
A retention schedule is a listing of organizational information types, or series of information in a manner which facilitates the understanding and application of the identified and approved retention period, and other information retention aspects. Purpose Retention schedules are an important aspect of records management. Many organizations are subject to rules and regulations (at the local, state or federal level) that govern for how long they are required to keep records before they can safely dispose of them. Holding onto records for longer than required can expose the organization to unnecessary liability, since such records are discoverable during lawsuits. Basic information * Record/series title (name) * Description of information within record/series * Approved retention period * Appropriate security requirements * Appropriate destruction method Further items for schedule consideration * Location of retention * Date record type/series approved * Responsible group/ ...
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Industry Classification
Industry classification or industry taxonomy is a type of economic taxonomy that classifies companies, organizations and traders into industrial groupings based on similar production processes, similar products, or similar behavior in financial markets. National and international statistical agencies use various industry-classification schemes to summarize economic conditions. Securities analysts use such groupings to track common forces acting on groups of companies, to compare companies' performance to that of their peers, and to construct either specialized or diversified portfolios. Sectors and industries Economic activities can be classified in a variety of ways. At the top level, they are often classified according to the three-sector theory into sectors: primary (extraction and agriculture), secondary (manufacturing), and tertiary (services). Some authors add quaternary (knowledge) or even quinary (culture and research) sectors. Over time, the fraction of a soci ...
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Legal Hold
A legal hold is a process that an organization uses to preserve all forms of potentially relevant information when litigation is pending or reasonably anticipated. It is often issued when an organization receives a request for production in pending litigation. The legal hold is initiated by a notice or communication from legal counsel to an organization that suspends the normal disposition or processing of records, such as backup tape recycling, archived media and other storage and management of documents and information. A legal hold will be issued as a result of current or anticipated litigation, audit, government investigation or other such matter to avoid evidence spoliation. Legal holds can encompass business procedures affecting active data, including backup tape recycling. Recent amendments to the United States Federal Rules of Civil Procedure (FRCP) address the discovery of electronically stored information (ESI) (aka e-discovery), expanding the use of a "legal hold" bey ...
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