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Documents, whether printed or electronic, are to a company
what blood is to the body. They feed the body (company) with the oxygen
(information) that enables it to operate. However, the importance of documents
extends far outside the confines of the company as they provide the life blood
of communications with customers, prospects, suppliers and partners. The use of
documents within organizations — whether in the form of memoranda, communicating
the latest product/service messages, to billing/invoicing and direct marketing —
serves a multitude of purposes. Certainly organizations thought that documents
were crucial to the successful operation of their organization. Some claimed
that poor DPM processes could impact the operational agility of their
organization. Clearly the ability to communicate quickly and accurately without
confusion can be severely impacted if the processes are not in place. This is
especially true if there is a lag between changes in business policy and the
time it takes for this to be reflected, communicated and used in an
organization's documents. This is something IDC refers to as document speed.
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