Professional Documents
Culture Documents
Through E-learning we can study from anywhere at anytime. All we need is just a computer and
internet connection. But do we know that 70% of India’s population live in villages where they have
excess to Internet but computers? And internet, is it sufficient for whole day, do they have proper
speed.
A hard worker is a person who consistently works towards what he perceives to be worth
working, regardless of how dynamic the situation might be. Success for the Hard Worker
doesn't come overnight but only after putting in long hours at work and depriving himself of
the comforts of life.
Smart Worker:
Allen F. Morgenstern said way back in the 1930s “work smarter… not harder”. The reason
behind it is that a smart worker is a person who works towards what he perceives to be worth
working for and applies his brain and efforts in the most efficient manner with the help of
integration of both. It guarantees successful results with minimal human energy wasted.
The elements of Smart Working are many, a few of them are shared below. However, every
smart worker cannot possess all the elements but the more elements the merrier:
Our Prime Minister Narendra Modi told about his travel schedule in an interview with
economic times that he always would travel in night so that he can sleep in the flight
and work on the next day.
Vodafone CEO, Vittorio Colao wakes up at 6 a.m. followed by 40 minutes of
exercise, then works with nearly taking no breaks until 10:45 p.m., pausing for family
dinner.
Fiat and Chrysler CEO Sergio Marchionne runs businesses in two different
continents. When he's in The USA, he has to get up at 3:30 a.m. to start dealing with
Europe.
AOL CEO Tim Armstrong wakes up around 5 a.m., is out of the house and working
from his car by 7 a.m., and works until 7 p.m.
One of the main reasons why companies comply with data privacy regulations is to avoid
fines. Organizations that don’t implement these regulations can be fined up to tens of millions
of dollars and even receive a 20-year penalty.
However, there are many more reasons why you need to take data privacy seriously, not just
because the law says so.
When you comply with data privacy regulations, you need to meet certain legal requirements.
One of those requirements is implementing strong security safeguards to ensure the
protection of data privacy.
With these measures, the number of security threats will significantly decrease and your
business won’t suffer a loss of revenue. The average total cost of a data breach is $3.92
million, which can be easily avoided with well-placed regulations.
As mentioned before, a data breach can lead to theft of valuable customer information, which
can negatively impact the data owners. A hacker can use all of that sensitive information to
commit various crimes such as identity theft and credit card fraud.
You need to avoid data breaches, as they can seriously damage a company’s reputation and
brand value. When customers voluntarily give their data to companies, they expect it to be
well-protected. If it’s not, customers will lose all trust they had in the company and brand,
which will decrease brand value.
Most organizations have a code of ethics in place. Even those that don’t have it follow at least
certain ethical practices. Without this, they wouldn’t be able to stay in business. One of those
policies states that confidential information needs to be handled responsibly and only used for
business purposes.
A lot of people are concerned about how their data is being used and handled. Surveys have
shown that 79% of people are very or somewhat concerned about how companies are using
their data. Additionally, 81% of people believe they have little or no control over their own
data.
If your business complies with data privacy regulations, this will give you a competitive
advantage over companies that don’t take the matter as seriously.