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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.
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
Tuesday, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
Wednesday, July 02, 2014
BY JESSICA RIDGWAY | OB WEB EDITOR
Friday, August 15, 2014
In this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Monday, July 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
Monday, June 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
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Forest Grove sees growth in the burgeoning food and beverage scene.
Vanessa Sturgeon and Miller Nash LLP were selected as leaders in encouraging female advancement.