Using Watson AI, data lakes and user generated emails and files, IBM predicts when employees are going to quit IBM has 350,000 employees and they announced last month they can predict with 95% accuracy when one of their people is going to leave. Not only is this a powerful use case for IBM’s Watson Artificial Intelligence, it’s incredible advantage for their business. IBM is in a war for talent against Microsoft, Amazon, Facebook, Google and hot tech start-ups. Predicting when employees will leave helps them proactively retain top talent and smoothly manage out under-performing team members.
You Can Check-in, But Can’t Check-out Your company owns a great deal of data. Not just “records” but huge amounts of unstructured content, proprietary data such as intellectual property, and sensitive customer and employee personal information (PI).
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We all remember those classes that explained so much biology and so little of what we really needed to know when faced with the real thing. We all just closed our eyes and hoped for the best… The GDPR is no different.
The GDPR’s “Right to be Forgotten,” also known as “The Right to Erasure,” has been hyped a great deal over the last couple of years. In fact, the Right to Erasure requires that personal information (PI) be securely deleted when requested by the individual - within 45 days - if no legal reasons require it to be kept, i.e. litigation or regulatory compliance. But what about PI collected or purchased that make up the massive marketing contact lists used for marketing campaigns etc.?
Companies continue to struggle with the ever-growing mountains of data flowing into and out of their systems. Gone are the days of manually filing a couple of hard-copy records per day. Now, information workers send and receive on the average 50 MB (or more) of data per day. The sheer data volume of employees must deal with cause numerous issues, including what data to keep and delete, how to secure sensitive data, ensuring data privacy for customers and employees, and providing accurate and streamlined litigation response.
Does your organization utilize Office 365 for email? Is your organization required to journal email for compliance, legal, or business requirements? Do your Attorneys complain about the time it takes to find information for an eDiscovery request? If the answer is yes to any of these questions, then keep reading.
As more companies move their data to the cloud, the question of data sovereignty is becoming a hotter topic. Data sovereignty is the requirement that digital data is subject to the laws of the country in which it is collected or processed. Many countries have requirements that data collected domestically must stay in that country. They argue that it’s in the Government’s interest to protect their citizen's personal information against any misuse.
Everyone leaves the company eventually. Better opportunities, reduction in workforce actions, termination, or your manager has the IQ of a stuffed animal. No matter the reason, everyone eventually leaves. In the EU, these people are referred to as “leavers,” and depending on the circumstances, more colorful names. However, the way a company handles these departing employees can mean the difference between business as usual or major customer satisfaction issues, project delays, higher eDiscovery costs, compliance risks, and lower productivity. When an employee is terminated or leaves on their own, the company’s HR organization usually (hopefully they have one) pulls out a checklist of things to do before the employee departs. In many cases, the checklist does not address the most valuable employee asset…information.