The strategic necessity of implementing defensible disposal (and tackling Big Data) acquires renewed urgency under the stringent new EU privacy safeguards for Personally Identiable Information (PII). Reduced data storage propelled by more aggressive disposal in turn reduces potential liability for PII violations, leading to optimized records management. Thus the information economics and strategic benets of all three domains are convergently aligned. Currently, no consultancy group (that I am aware of) is exploiting this powerful three-legged alignment.
Records Management Defensible Disposal (Big Data Reduction) Privacy
In late 2013, The European Parliament
voted on and passed new legislative text on a General Data Protection Regulation (GDPR). The relatively swift passage of the new regulation is part of what is being called the Snowden Effect; i.e., a erce reaction to revelations about the United States National Security Administration, that captures among other things, personal information related to European citizens.
Information economics is the discipline of analyzing the production,
distribution and consumption of information, with the goal of increasing the value derived from data while reducing the costs and risks associated with managing it. --IBM White Paper Build the Business Case for Better Information Economics