U.S. Companies’ Electronic-Discovery Spending Tripled in 2009
October 26, 2009 Edited by Brahm Canzer
Filed under Part 3 Management: Empowering People to Achieve Business Objectives, Part 5 Managing Technology and Information
Description: Budgets for managing electronic data tripled this year at average-sized U.S. companies, according to a study, as businesses braced for an influx of lawsuits stemming from a recession that’s been partly blamed on fraud.
Source: Bloomberg.com
Date: 10/20/2009
Link: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a_qD_YdAZA7o
Questions for discussion:
- Why is spending in this area increasing so drastically?
- How important is this problem from a legal, ethical, and managerial point of view?
- Do you think managers will deal differently with electronic information such as email in the future? Explain your answer.
