Balancing The Impact, Ethiccs, And Security of People Data
The BOSS Magazine|March 2020
As Access to Data Increases, so Does its Potential for Impact and Risk
By Kathi Enderes

We live in a time of exponential technology growth: There is 900% more data being generated and flowing through businesses than there was two years ago.1 Opportunities to harvest data (including your personal data) are everywhere. But with these opportunities comes risk, as many organizations struggle to balance data access and impact with security, privacy, and ethics.

Ideally, data is managed securely and ethically with organizations using data insights to help improve results and with workers using the insights to manage their productivity, well-being, performance, and career development. However, when data is not protected or is misused, this may negatively impact privacy, infringe on people’s personal identity, lead to misguided decisions, and damage the company’s brand.

THE POTENTIAL FOR IMPACT

84% of organizations think that people analytics are a priority for their business2 and 72% have acted on this priority by investing in analytics’ resources, technologies, trainings, or other related areas.3

People analytics can be used for a wide array of positive impacts. Candidate selection analytics can be used to define initial job fit and development plans. Predictive analytics can spot retention risks and correlated factors to plan interventions. Matching analytics can be used to connect workers and their skills/ interests to best fit internal opportunities. Organizational network analytics can visualize relationships and information flow to identify natural teaming and collaboration opportunities or show new hires who to connect with to get productive faster.4 Workforce planning analytics can determine future resource needs based on demand signals. Even future-of-work analytics can be applied to understand how automation and the open-talent economy will likely impact individual roles.5 The list of potential applications goes on.

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM THE BOSS MAGAZINEView All

WISE BEYOND HIS YEARS

AS SUPPLY CHAINS FELL APART, STANFORD UNDERGRAD JACK YUAN BUILT A $200 MILLION ONE THAT CONTINUES TO DELIVER LIFE-SAVING PPE

4 mins read
The BOSS Magazine
July 2021

MemorialCare: READY FOR ANYTHING

How crisis propelled one of California’s most innovative regional healthcare systems into a stunning and swift transformation.

5 mins read
The BOSS Magazine
July 2021

LIFE ON MARS?

NASA’S PERSEVERANCE HAS BREATHED NEW LIFE INTO THE IDEA OF HUMAN LIFE ON THE RED PLANET

5 mins read
The BOSS Magazine
July 2021

the great influencers

Large format printing specialist Circle Graphics brings big ideas to life while minimizing impact on the planet

3 mins read
The BOSS Magazine
July 2021

TEARING DOWN & BUILDING UP

WITH A DIVERSIFIED PORTFOLIO AND TURNKEY APPROACH TO SPECIALITY CONSTRUCTION. THE SELECT GROUP OF COMPANIES IS DEMOLISHING THE COMPETITION

6 mins read
The BOSS Magazine
July 2021

OUT OF TIME

COVID FLIPPED THE AUTO INDUSTRY’S ‘JUST IN TIME’ APPROACH TO CAR MANUFACTURING ON ITS HEAD

4 mins read
The BOSS Magazine
July 2021

JUSTICE FOR ALL

SECOND CHANCE HIRING BENEFITS EVERYONE, NOT JUST FORMER CONVICTS

7 mins read
The BOSS Magazine
July 2021

FROM THESE ROOTS

FROM SEEDS PLANTED IN THE ENERGY INDUSTRY, STALLION HAS GROWN INTO AN IMPRESSIVE MULTI INDUSTRY SERVICE PROVIDER

6 mins read
The BOSS Magazine
July 2021

How to Beat the Traffic

Supercomputer that makes 8 million-billion calculations per second takes on highway congestion

5 mins read
The BOSS Magazine
July 2021

Banking on food

We all have to eat, which makes food tech a good investment

4 mins read
The BOSS Magazine
July 2021
RELATED STORIES

ViewSonic VX2768-2KP-MHD: Stellar Midrange Monitor

Performance at a moderate price

5 mins read
PC Magazine
April 2022

IRELAND INVESTIGATES TIKTOK OVER CHILD, CHINA DATA CONCERNS

TikTok is facing two EU data privacy investigations, one into its handling of children’s personal data and another over its data transfers to China.

1 min read
Techlife News
Techlife News #516

China's Alibaba Promises $15.5B For Development Initiatives

E-commerce giant Alibaba Group said it will spend $15.5 billion to support President Xi Jinping’s campaign to spread China’s prosperity more evenly, adding to pledges by tech companies that are under pressure to pay for the ruling Communist Party’s political initiatives.

2 mins read
AppleMagazine
September 10, 2021

IRISH WATCHDOG FINES WHATSAPP $267M AFTER EU PRIVACY PROBE

Ireland’s privacy watchdog has fined WhatsApp a record 225 million euros ($267 million) after an investigation found it breached stringent European Union data protection rules on transparency about sharing people’s data with other Facebook companies.

2 mins read
Techlife News
Techlife News #514

Data Breach Exposes Student Requests For Vaccine Exemptions

Personal information from students at a California college who requested a religious exemption from the COVID-19 vaccine has been posted online after an apparent data breach.

2 mins read
AppleMagazine
August 27, 2021

Behind The Curtain With Bayesian Statistics

What are statistics? Why do we need them?

4 mins read
Muse Science Magazine for Kids
July/August 2021

China Doesn't Care How Much Money You Lose

Whether you’re a bond or stock investor, chances are you’ve been burned by the Chinese government this year. For example, just days after DiDi Global Inc. raised $4.4 billion in a New York initial public offering, Beijing started an investigation over the ride-hailing giant’s data security practices. DiDi has lost about $29 billion in market value in less than a month.

2 mins read
Bloomberg Businessweek
August 02, 2021

DUTCH DATA PROTECTION AUTHORITY FINES TIKTOK OVER PRIVACY

The Netherlands’ Data Protection Authority said Thursday it has fined TikTok 750,000 euros ($885,000) for not offering a privacy statement in Dutch, saying many children who use the popular video sharing app would be unable to understand the information.

1 min read
Techlife News
Techlife News #508

Facebook Won't Apologize for Instagram Youth

It’s making a kid-focused version of its photo-sharing app, regardless of what critics say

3 mins read
Bloomberg Businessweek
May 10, 2021

From Each Solution, a New Challenge

Every time Dawn Dickson created a product she believed in, it pointed her to an even bigger problem to solve. Now she’s got a company poised for growth.

2 mins read
Entrepreneur
March 2021