The bigger the growth rate of a company, the higher the risks that it undertakes. However, when it comes to managing data, organizations big and small juggle large volumes of information. From this point of view, all organizations are equally vulnerable to data theft, loss or misuse. Given the absolute value placed on data, companies must establish not just one, but several, data protection plans in order to ensure the security of information alongside protocols for fast data recovery.
It’s been some years now since cloud technology began to be broadly used in business environments. One could say that today, as far as a company’s successful future is concerned, cloud technology has become indispensable. The developer’s focus is, from hereon, centered on software enhancement features, such as assigning a more active role of digital capabilities in the business decision making process.
When entire nations, from the powerful to the modest ones, admit that they cannot stand alone in front of the 21st century crisis events, then what chance do organizations have to overcome the consequences of these upcoming destructive forces? The need to communicate and help one another has allowed for a new offspring of crisis management to rise to power: the transboundary crisis management.
One man’s happiness is another man’s sorrow represents, by no means, the word of law in the business environment but it is, however part of the present, unforgiving reality. Basically, it translates into profit by all means. Is this a viable strategic decision? Perhaps, for a limited period of time. Ultimately, the consequences of such decisions will strike back and kneel any organization, regardless of its size. Cases such as the 2001 Enron scandal and its collapse have drawn attention to an important trend in management, namely ethical leadership.
Partly willing, partly strained, organizations today have made drastic changes within their strategies and general management processes. Companies face the highest degree of public exposure ever known in history. Technically, every little bit of information, whether disclosed or not, can, and it will, eventually, find its way to a public. The sole solution for a company is to purposely expose itself or, simply put, to lay the cards on the table.
