GlobalZ International
Global-Z International Monthly eNewsletter February 2016

in this issue

The Top 3 Reasons Why Global Data Quality is a PAIN IN THE ASS!
 

Safe-Harbor is now "Privacy Shield"

The US Department of Commerce and European Commission issued press releases this week (Tuesday, Feb 2, 2016) that outline some key changes to the EU-US Safe Harbor; now dubbed the "Privacy Shield." This agreement replaces Safe Harbor which was declared invalid October 6, 2015.

Privacy Shield Summary

While the new accord still needs to be reviewed by the Article 29 Working Party and the College of Commissioners, but assuming it remains substantially the same, we can expect the following:

More stringent obligations on companies handling Europeans' personal data and more robust enforcement.

EU individuals will have access to multiple avenues to resolve concerns, including through alternative dispute resolution at no cost to the individual.

Learn More

Happy February everyone! Our headquarters in the northeast has experienced a very mild winter season this year compared to our normal brutally cold temperatures. Much of the ground is still visible where we would usually see mountains of snow. Needless to say, some of our GZ ski enthusiast on staff have been less than thrilled that Vermont hasn't had a least one major storm that calls for a "sick day" email in the morning. We will still see how the rest of the season shakes out!

We want to thank all of our GZ News readers for all your support. Our goal is to help keep you up to date and informed on issues that matter to you. Thank you for your continued feedback! Please keep your thoughts and recommendations coming.


  • The Top 3 Reasons Why Global Data Quality is a PAIN IN THE ASS!
    		•

    ~by Paul Harris, Sales & Marketing

    In the data driven world of global business, it's never been more important for business to have a single-accurate-view of their customers. In order to sell effectively, your data should provide an understanding of the customer's needs, concerns and challenges. We call this single accurate view of your customer the "golden master record."

    The path to achieving a golden master record database is often not an easy one to pursue. Over and over again, we work with clients that have many challenges with their global database. Many organizations have millions of records stored in disparate databases, managed by separate silos of their business who don't coordinate well (or at all) with each other. On top of this problem, the data is quickly becoming dirtier and dirtier. Can we provide a statistic for erosion od quality? SiriusDecisions estimates that B2B contacts become obsolete because of people changing jobs and companies at a rate of 2-3% per month, creating a constant stream of inaccurate contact data.

    See Our Top 3!
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