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Keep a sharp eye on the GDPR - There’s a new sheriff in town
Employee Experience
IT
SAP
Automotive
Nov 29, 2017
With the upcoming arrival of the European Union’s General Data Protection Regulation (GDPR) in May, 2018, organizations across all member countries would do well to initiate the necessary steps toward swift compliance. Penalties can be stiff (4% of total worldwide turnover, or €20 million, whichever is greater), but there is no need to worry. SAP has announced a new line of privacy tools to assist customers in getting in step with these new GDPR standards, making compliance simple, efficient and painless.
Content
How will this affect you? Check our Q4 Newsletter to stay on top of the curve, which provides insight into all major and minor enhancements within SuccessFactors. Until then, here’s a quick summary of privacy changes:
• Your emloyees will have the right to see their information files.
• Employees who leave the organization may request a hard delete of their personal data.
• Data Blocking may be requested, making an employee’s record inaccessible after an agreed upon cutoff point.
• Job applicants now have the option to give their consent, allowing their personal data to be filed for future use.
• The system will now log any Important Data being read, as well as any changes to records.
While the concept of Virtual Reality (VR) has been prominently featured in fictional media over the years as a device for the future, it has struggled to make headway as a mainstream technology in the real world. However, the time has now come for VR to lead the next big step in computing.
The pandemic has changed the rules of the game: how businesses run, how their data and analytics work, and how to identify and react to new risks. Identification of data that is considered reliable for setting and adjusting plans is more important than ever.
Supply Chain disruptions are not uncommon in our fast-moving connected world where customer demand can be very volatile or instant. But rarely in human history do we see it on the scale we all have witnessed in 2020. COVID-19 spread around the world so rapidly that entire supply chain eco-systems ground to a halt.
We often hear that some aspects of innovation, particularly in the supply chain world are ‘innovation for the sake of innovation’ and that no real return on investment (ROI) or value add is realized. So is this next concept merely following in these footsteps or can some real business value be realized?