KNOW, the Magazine for Paralegals Fall/Winter 2013.2 | Page 31

CIOs accountability, on the other hand, stops short of information stewardship and instead focuses only on technology stewardship, an intermediate step. CIO’s are commonly accountable only for information in the middle of its lifecycle (storage, security, and availability), and their control systems reflect this. Unlike the world of the CFO, management and staff generally do what they like when it comes to creating and (not) disposing of information, creating a cavernous gap in accountability. There are no overarching frameworks, few controls, little guidance, no audits, and seldom consequences when staff create and hoard information. In financial terms, irresponsible creation and storage of information is like taking on unsecured, uncontrolled debt. It creates risk and encumbers the enterprise with additional costs to support the resulting digital landfill. That landfill has been a money pit for corporations and a gold mine, in my experience, for plaintiffs’ counsel and regulatory investigators, leading to average per case discovery costs ranging from $621,000 to more than $9 million. That’s a lot of money for digging through old e-mail. How did we get here? We came to this place easily and methodically, by providing resources of quicklyevolving technology with no constraints. We came here by not establishing data stewardship, which is at the root of organizational confusion about information governance. We came here by allowing the “just keep everything” culture to take hold. Ironically, autonomy in corporate computing does not necessarily lead to greater productivity. In fact, our laissez faire approach to computer education —little guidance, hands-off, freedom to make decisions — leads to lower productivity absent a system for accountability. Without accountability, unproductive behaviors creep in: spending time on CYA, finger-pointing, waiting for guidance, ignoring problems, or waiting too long to act. 31