Description: A Retention Schedule is a strategic plan that establishes guidelines on how long records should be kept and when they should be deleted. This type of program is fundamental in data management, especially in environments where large amounts of information are handled, such as in the field of Big Data and ETL (Extract, Transform, Load) processes. Implementing a Retention Schedule helps organizations comply with legal regulations and privacy laws, ensuring that sensitive data is not retained beyond its usefulness. Additionally, it optimizes data storage, reducing costs and improving operational efficiency. A well-designed Retention Schedule not only specifies retention timelines but also outlines procedures for the secure disposal of data, ensuring that information is handled ethically and responsibly. In a world where the amount of data generated is overwhelming, having a Retention Schedule is essential for the sustainability and integrity of data management in any organization.
