Ready for life in the cloud? — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

Ready for life in the cloud?

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in Office Management,Records Retention

The best-seller Moneyball isn’t really about professional baseball. It’s an allegory for winning by managing data.

As organizations’ tangible assets vaporize into the cloud, it’s a good idea to think about how you manage data. Ask:

  • Does your organization create proprietary data?
  • Is it stored in a usable digital format or physically locked in a vault?
  • Does this data asset grow or diminish with use? With time?
  • Do your partners or clients contribute to its growth, or do they subtract value?
  • Does your business model depend on the value of the data being drawn down or constantly regenerated?

— Adapted from Vaporized, Robert Tercek, LifeTree Media.

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