Here's a good chance you've never been asked this question. However, consider that as a CIO of a large pharmaceutical corporation - one with a global footprint - you're moving as fast as you can to address the fact that your board of directors:
Additionally, you have a two-month deadline. Your CEO is talking enthusiastically about information life cycle management (ILM) - which is fine - but it means you have some expectations to manage. Today, many vendors and consultants would support your CEO's inclination to believe that ILM is the best way of answering the board's needs. At some level - in the same manner, for example, that many climbers aspire to ascend Switzerland's Eigerwand - it is. However, while software and hardware tools exist to manage key segments and workflows that govern the entire information life cycle (including creation, storing, editing, approving, archiving and disposition), no single vendor solution - and no aggregation of different vendor solutions - is available today to deliver the full promise of a comprehensive ILM solution. A one-size-fits-all, shrink-wrapped ILM solution simply doesn't exist.
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