What does a tougher new economic reality mean for Records Management professionals and their programs? Things are likely to get more challenging, with budget constraints, increased regulation, and a potential flurry of Merger and Acquisition activity. But the news isn't all bad, because as the saying goes, there is opportunity in crisis.

This invaluable resource will help you seize that opportunity, providing you with insight into the unique role that Records Management can play in solving these new challenges, along with practical tips for communicating the value a Records Management program can add in this area.

Records Management's role as a strategic corporate resource provides a significant opportunity to help guide your organization through tough times. Handled correctly, this opportunity can raise the profile of your program as a critical implement in your organization's risk management and business efficiency toolkits.

In this guide, we'll take a look at:

• Accountability and compliance
  
  In practical terms, increased regulation will mean greater requirements for businesses to account for such activities as credit rating, asset valuation, shareholder administration and results reporting, to name a few. Established records management tools such as functional records classifications, electronic metadata taxonomies, and physical file labelling help provide fast access to the reliable information necessary to answer tough questions. The renewed emphasis on legislative controls also has great implications for the records retention side of your program.
  
  We'll show you how to use Records Management best practices to stay on top of these evolving changes.
  
  
• The need for cost savings
  
  During difficult times, your physical space has to work even harder for your company! Records Management practices and products can help you efficiently manage your space and maximize every square foot through:
  
  
  • Disposal of non-records
  • Proper records retention scheduling
  • Efficient storage design
  
  We'll show you how to actively promote those unique records management techniques and strategies that can save costs across your entire organization while at the same time compromising none of its compliance obligations.
  
  
• Ensuring business continuity and managing risk
  
  The downturn will also translate into significant business opportunities in the form of lower interest rates, stock market bargains and exciting potential for asset acquisitions with great growth potential. Strategic management of recorded information and evidence can play a critical role in maximizing those opportunities and we'll show you how to do this in the Merger and Acquisition environment.

Through all three scenarios, this guide demonstrates how to communicate the value of Records Management to other stakeholders to ensure budget continuity, and cooperation across departments.

This is a great resource that will allow your program to successfully meet the challenges of the new economic climate, and use this success to raise the profile of your Records Management program.