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|Thursday, June 19, 2014|
BY MONICA ENAND | GUEST CONTRIBUTOR
Two major trends are colliding that create challenges for companies: we are generating greater amounts of data in the Digital Age and we must do a better job to save it, particularly when faced with legal or regulatory matters.
If you think your company is too small, guess again. Any company can be involved in litigation (as either the plaintiff or defendant). Litigants have an obligation to save any documents or records that could be relevant to a case, from emails and text messages and mobile devices to cash register transactions and security camera footage.
Times have changed and the challenge is that there is exponentially more data and data is everywhere. According to research from IBM, “Last year, we generated five billion gigabytes of information every two days.” A generation or two ago, you could go grab some files out of the file cabinet.
Failing to preserve information can lead to trouble, including fines, escalating settlement costs and the loss of cases. The most successful companies invest in helping their employees develop data saving habits and building a culture of compliance at their organization. At its core, your culture should be built on two simple foundations: education and process.
These are not new ideas, but we need to make sure that we are adapting to our new circumstances. While we are all benefitting from the amazing power of communication and data gathering, it does not come for free. Understanding the challenges and having employees ready to comply when asked help avoid lengthy and expensive problems.
Monica Enand is CEO and founder of Zapproved, a software provider with a compliance platform.
Monday, April 27, 2015
BY LINDA BAKER
A longtime technologist and entrepreneur, Dwayne Johnson, 53, is managing partner of PDXO/GlobeThree Ventures, a strategy and business consultancy in Portland.
Friday, April 24, 2015
BY AMY MILSHTEIN
Male tech workers speak out on the industry's gender troubles.
Friday, March 06, 2015
BY JEFF DELKIN | OP-ED CONTRIBUTOR
As a local business owner, I believe it’s important to build our economy on a platform of conservation values.
Thursday, April 02, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
Are mornings the most productive part of the day? We ask five successful executives how they get off to a good start.
Thursday, March 19, 2015
BY APRIL STREETER
How the private sector can ride the next transit revolution.
Friday, March 27, 2015
BY ROBERT MULLIN
A new energy-sharing agreement sparks concerns about independence and collaboration in the region's utility industry.
Friday, March 27, 2015
BY LINDA BAKER
Founded 12 years ago, Keen Inc. likes to push the envelope, starting with the debut of the “Newport” closed toe sandal in 2003. Since then, the company has opened a factory on Swan Island and a sleek new headquarters in the Pearl District. The brand’s newest offering, UNEEK, is a sandal made from two woven cords and not much more.
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A new report highlights how Oregon bankers are giving back to their communities.
Since 1932 Tidewater Transportation & Terminals (operating as Tidewater Barge Lines and Tidewater Terminal Company) has operated a multicommodity transportation and terminal company based in Vancouver, Washington. The friendly expression on the company’s shipping containers reflects the attitude of about 330 safety and community-conscious employees but belies how complicated the barge business really is.
The Port of The Dalles has run marine facilities since the 1930s, but they are part of a larger mission to strengthen the local economy. They focus on regional economic development with a strong bent toward adding good-paying jobs in high tech, manufacturing and other industries.
Thinking about an MBA? Join us for our upcoming Wine & Cheese Information Session to learn more about Concordia University's MBA program.
Providing attendees with unique taste of the Northwest Reception.
CFM Strategic Communications turns 25 this year and is celebrating with a revamped website, special events for firm alumni and clients, a special-label wine and a list of 25 stories about its client work over the past quarter century.