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The Need to Regulate the Organizations should never the first step is to generate
Flow of Data treat customer data as goods awareness for change. Building
Digital transformation has led to a that can be bought or sold. awareness implies sharing both
tremendous increment of data The more privacy they have, the nature of the change and
collection as the logic effect of the the less business disruption answering why this change is
automation and digitization scale they face. necessary to them. It means
clearly explaining the business
up. Business processes are very Distinguishing the business drivers or opportunities that have
sophisticated and require proper customer with privacy security resulted due to the protection of
data flow, enterprise architecture can be a key selling point and data. It also means addressing
modelling, and frameworks for help the business boom. why a change is needed now and
large firms. Big data is a core Achieving Compliance explaining the risks of not
digital transformation aspect that Goals Faster transforming.
should manage and build Change practitioners must kindle
If you fail to take adequate steps
enterprise data flow, policies and to protect customer data, you'll be a desire for change in customers.
regulations. vulnerable to hacks that could They should influence individuals,
l e a d t o l o s s o f c o n s u m e r but ultimately, the individual must
The Growing Importance of confidence, customers leaving, choose to support that change.
Data Privacy Laws Many practitioners say that desire
fines, lawsuits, and more.
Laws exist to handle the relations is the most difficult of the five
between entities and individuals However, there are specific laws building blocks to achieve. Desire
like the General Data Protection is difficult because it is ultimately
since data is considered a key
Regulation (GDPR) that require a personal decision and not
asset today. This data is a
organizations to only gather vital under our direct control. While
goldmine for providers who sell data, limit access to all the data there are certainly ways to try and
the information and track user being collected by organizations, influence an individual decision to
activities. This has made data u s e t o o l s f o r m a n a g i n g embrace a change, in the end,
privacy policies, standards, and passwords and avoid silos of data individuals must make this
laws important for businesses t h a t o f t e n r e s u l t i n d a t a decision themselves. In a nutshell,
everywhere. vulnerabilities. increase the ability, skills,
Operating Under the Data The Role of Partners in knowledge, tools, and processes
Privacy Laws Preparing Customers for to allow the customer to make the
required changes.
There are several factors that Data Privacy Compliance
businesses need to consider As part of a change management
while operating under the process that should start with
customers' awareness of the
purview of data privacy laws.
importance of complying with
These include:
data privacy, -
April 2022