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Added for You - Listening to Far-Flung Customers
Payment Card Industry Data Security Standard - A Twelve Step Program
As of September 30th 2007 all businesses handling cardholder (irrespective of size) data must be fully compliant with strict security measures imposed by the leading credit card companies. Credit card theft is the most common form of identity theft (26%) as of 2006. With over 1.3 billion credit cards in circulation as of 2004, and over 33 billion dollars in balances on those cards, companies are finding their networks, and credit card systems under attack by thieves.In order to protect cardholder data from theft or fraud, American Express, Visa, MasterCard, and Discover have developed what is known as PCI DSS ( Payment Card Industry Data Security Standards) These standards involve 12 steps needed become compliant, or face fines of up to $500,000, plus legal expenses, and even losing the ability to accept credit cards.These twelve steps are: 1. Install and maintain a firewall to protect cardholder data 2. Do not use vendor supplied defaults for passwords or other security parameters 3. Protect stored cardholder data 4. Encrypt cardholder data across public networks (I.E. The Internet) 5. Use and regularly update antivirus software 6. Develop and maintain secure systems and applications trends, however, clearly show that traditional survey me
As of September 30th 2007 all businesses handling cardholder (irrespective of size) data must be fully compliant with strict security measures imposed by the leading credit card companies. Credit card theft is the most common form of identity theft (26%) as of 2006. With over 1.3 billion credit cards in circulation as of 2004, and over 33 billion dollars in balances on those cards, companies are finding their networks, and credit card systems under attack by thieves.In order to protect cardholder data from theft or fraud, American Express, Visa, MasterCard, and Discover have developed what is known as PCI DSS ( Payment Card Industry Data Security Standards) These standards involve 12 steps needed become compliant, or face fines of up to $500,000, plus legal expenses, and even losing the ability to accept credit cards.These twelve steps are: 1. Install and maintain a firewall to protect cardholder data 2. Do not use vendor supplied defaults for passwords or other security parameters 3. Protect stored cardholder data 4. Encrypt cardholder data across public networks (I.E. The Internet) 5. Use and regularly update antivirus software 6. Develop and maintain secure systems and applications
Advanced Systems For Organizations
Till the mid 20 century, most organizations used to take a static view about their organizational structures. A view dictated by the top players and past experiences in the industry; a view that had little significance and offered even lesser room for improvement, if any. The organizations were used to have a vertical hierarchy and centralized control with mechanistic structure. The era was marked with inefficient operations, delayed processing, de-motivated employees and information loss that proved to be critical for many organizations. Most organizations were neither aware of nor realized the importance of technology in achieving efficiency in their businesses.One of the earliest and most influential researches into the relationship of technology and organization structure was conducted by Joan Woodward. Today, Information Systems have changed the way organizations are structured. New ways of doing business have emerged; information systems have allowed organizations to be more productive with cheaper and lesser resources.ERP systems warrant the amalgamation of IT into every aspect of an organization’s business, thus aligning all the organizational functions as a cohesive whole. This integration helps to achieve e
Businesses that succeed in totally satisfying their customers are ahead of the game in terms of customer retention and are likely to be far more profitable than those businesses that don’t focus on customer satisfaction. Recent trends, however, clearly show that traditional survey metTill the mid 20 century, most organizations used to take a static view about their organizational structures. A view dictated by the top players and past experiences in the industry; a view that had little significance and offered even lesser room for improvement, if any. The organizations were used to have a vertical hierarchy and centralized control with mechanistic structure. The era was marked with inefficient operations, delayed processing, de-motivated employees and information loss that proved to be critical for many organizations. Most organizations were neither aware of nor realized the importance of technology in achieving efficiency in their businesses.One of the earliest and most influential researches into the relationship of technology and organization structure was conducted by Joan Woodward. Today, Information Systems have changed the way organizations are structured. New ways of doing business have emerged; information systems have allowed organizations to be more productive with cheaper and lesser resources.ERP systems warrant the amalgamation of IT into every aspect of an organization’s business, thus aligning all the organizational functions as a cohesive whole. This integration helps to achieve e
How Using Video To Recruit Employees Is The Way Forward
We all know what it feels like to come up empty handed, especially when trying to recruit new employees. You pay hundreds of dollars to post a job and then thousands of dollars to interview, sift through the information, and finally you get down to selecting from the final few. The key is selecting the correct medium to solicit the position and get the top candidates to apply for that particular position and avoid all the chaff.One such medium is video. Youtube and other such sites have been generating buzz in the video delivery service area and has millions of viewers. Already businesses are using it for viral marketing and it is sinking in with their marketed crowds. Why not use this tremendous medium with its far reaching tentacles to attract the smartest or most talented people for your company? Google has been posting job openings for its own company in its advert spots which I am sure is getting the attention of all the potential candidates since Google reaches into nearly every household in the computer world.Who Should Use Video to Recruit & How?Any individual whose position involves an age bracket of 16 to 31 years or any firm seeking employees who are willing to relocate for their job. Then yo
mers are ahead of the game in terms of customer retention and are likely to be far more profitable than those businesses that don’t focus on customer satisfaction. Recent trends, however, clearly show that traditional survey meWe all know what it feels like to come up empty handed, especially when trying to recruit new employees. You pay hundreds of dollars to post a job and then thousands of dollars to interview, sift through the information, and finally you get down to selecting from the final few. The key is selecting the correct medium to solicit the position and get the top candidates to apply for that particular position and avoid all the chaff.One such medium is video. Youtube and other such sites have been generating buzz in the video delivery service area and has millions of viewers. Already businesses are using it for viral marketing and it is sinking in with their marketed crowds. Why not use this tremendous medium with its far reaching tentacles to attract the smartest or most talented people for your company? Google has been posting job openings for its own company in its advert spots which I am sure is getting the attention of all the potential candidates since Google reaches into nearly every household in the computer world.Who Should Use Video to Recruit & How?Any individual whose position involves an age bracket of 16 to 31 years or any firm seeking employees who are willing to relocate for their job. Then yo
Employees - Treat Them the Way They Expect to be Treated
When you have to deal with one of your team who's complaining to you, rather than allowing your negative programmes to take over, get your thinking part in gear and try to see the situation the way they see it. You don't necessarily have to agree with them but perhaps you can empathise with their point of view.The successful manager thinks about the people they have to deal with, is sensitive to how they see things and knows that they might think differently than they do.Let me give you an example: I've always had a thing about good timekeeping; it's something that's been programmed into my brain. If you agree to meet me at 8.30 in the morning, I'll be there at 8.20; I will always do my utmost be on time.So I used to get angry when a member of my team would show up late for a meeting or an appointment with me. When I got angry I'd get stressed and end up saying something that I regretted later. Therefore, I learned to start thinking about the situation and try to see it from their point of view and not let my programming run my brain.That doesn't mean to say I ignored the lateness or did nothing about it; I thought very carefully about what I wanted to say and spoke to the team member about how we woul
and are likely to be far more profitable than those businesses that don’t focus on customer satisfaction. Recent trends, however, clearly show that traditional survey meWhen you have to deal with one of your team who's complaining to you, rather than allowing your negative programmes to take over, get your thinking part in gear and try to see the situation the way they see it. You don't necessarily have to agree with them but perhaps you can empathise with their point of view.The successful manager thinks about the people they have to deal with, is sensitive to how they see things and knows that they might think differently than they do.Let me give you an example: I've always had a thing about good timekeeping; it's something that's been programmed into my brain. If you agree to meet me at 8.30 in the morning, I'll be there at 8.20; I will always do my utmost be on time.So I used to get angry when a member of my team would show up late for a meeting or an appointment with me. When I got angry I'd get stressed and end up saying something that I regretted later. Therefore, I learned to start thinking about the situation and try to see it from their point of view and not let my programming run my brain.That doesn't mean to say I ignored the lateness or did nothing about it; I thought very carefully about what I wanted to say and spoke to the team member about how we woul
Top 10 Mistakes Entrepreneurs Make Before They Even Start
So you want to start a business. You have an idea. Lets say you want to be a carpenter. You print some brochures, some business cards, and take out an ad in the Yellow Pages. You pay $600 for a website and a domain name that tells everyone about your amazing credentials and experience. You distribute your fliers at a local grocery store. And then you wait. And wait. And wait…Nothing happens. But, that’s what everyone does, isn’t it? Print out some brochures, tell everyone how great you are, and wait for the money to roll in.Stop right there. You have just made the top 10 mistakes entrepreneurs make.Mistake # 1: First, being a “carpenter” is too general. There are a million carpenters in the world, but the only successful ones have something to concentrate on. Wood carving, house renovation, specialized pieces. Like the old saying goes, “Jack of all trades, master of none.”Mistake # 2: If you fail to plan, you plan to fail. An idea is not a business plan, or a marketing plan, or even just a goal. It is simply an idea. Although the planning process may seem long and tedious now, it will benefit you more than you could imagine in the future. For example, when you are seeking funding, when you are joining a
nesses that don’t focus on customer satisfaction. Recent trends, however, clearly show that traditional survey meSo you want to start a business. You have an idea. Lets say you want to be a carpenter. You print some brochures, some business cards, and take out an ad in the Yellow Pages. You pay $600 for a website and a domain name that tells everyone about your amazing credentials and experience. You distribute your fliers at a local grocery store. And then you wait. And wait. And wait…Nothing happens. But, that’s what everyone does, isn’t it? Print out some brochures, tell everyone how great you are, and wait for the money to roll in.Stop right there. You have just made the top 10 mistakes entrepreneurs make.Mistake # 1: First, being a “carpenter” is too general. There are a million carpenters in the world, but the only successful ones have something to concentrate on. Wood carving, house renovation, specialized pieces. Like the old saying goes, “Jack of all trades, master of none.”Mistake # 2: If you fail to plan, you plan to fail. An idea is not a business plan, or a marketing plan, or even just a goal. It is simply an idea. Although the planning process may seem long and tedious now, it will benefit you more than you could imagine in the future. For example, when you are seeking funding, when you are joining a
Women's Perspectives Changing Business - Startup, Entrepreneurship
I just finished reading an article written by a good friend of mine who coaches companies and their employees to better performance. In this particular article, he was discussing women in business and the different set of attributes they bring into the workplace. And it got me to thinking.For a long time, women in competitive careers were led to believe (and many times rightly so) that they had to "play a man's game" in order to progress and succeed in business. And though for years, women have been successful in business playing by "man-rules", it's absolutely not necessary, nor good advice for today's success.What we now know of course, is that men and women may have different perspectives and approaches to business. But either can be successful in the entrepreneurial arena without giving up or giving over their own unique abilities.Men and women have various attributes in common that are of benefit in the corporate realm, however, women are at their unquestionable best when we use the characteristics and attributes that are unique to us. And, employing those attributes to our own enterprises can make a good business an absolutely phenomenal success. Examples of the unique perspectives of female entrepreneur
trends, however, clearly show that traditional survey methods are suffering from falling responses. And when exporters have customers scattered around the globe there is an obvious problem in how do they find out how their customers are feeling?I just finished reading an article written by a good friend of mine who coaches companies and their employees to better performance. In this particular article, he was discussing women in business and the different set of attributes they bring into the workplace. And it got me to thinking.For a long time, women in competitive careers were led to believe (and many times rightly so) that they had to "play a man's game" in order to progress and succeed in business. And though for years, women have been successful in business playing by "man-rules", it's absolutely not necessary, nor good advice for today's success.What we now know of course, is that men and women may have different perspectives and approaches to business. But either can be successful in the entrepreneurial arena without giving up or giving over their own unique abilities.Men and women have various attributes in common that are of benefit in the corporate realm, however, women are at their unquestionable best when we use the characteristics and attributes that are unique to us. And, employing those attributes to our own enterprises can make a good business an absolutely phenomenal success. Examples of the unique perspectives of female entrepreneur
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