The current economic crisis and the resulting government reaction will change the way businesses work, according to a new whitepaper released today. The average workforce will be much more distributed and the need for transparency in corporate governance will become a regulatory requirement. All of these variables will combine to apply additional pressure on business leaders and CIOs to take proactive steps to change the way business information is managed at all levels of their organizations.
The new operating culture will be distinguished by a number of key characteristics affecting how businesses work. Certain industries will evolve drastically and those companies that
conduct business with them will have to evolve as well in order to survive. Key attributes of the new economy will include: an increase in the percentage of companies employing a
distributed workforce; government oversight of banking institutions affecting how businesses interact with their institutions; a shift in regulatory intent from consumer protection and
fair trade to dictating how business must operate to manage risk; and tighter rules for managing documents that include personal data.
This whitepaper titled Managing Business Information in a New Economy: Preparing for a Distributed Workforce and Increased Government Oversight is available online at Praura
Whitepaper .
Praura is part of the Implementation Factory, Inc., family of companies with offices in Framingham, MA (Boston area); Rockville, MD (Washington D.C. area); and Bangalore, India. In
addition to Praura, Implementation Factory, Inc. owns outright or is an equity investor in a number of other ventures, including: IFConnect, a project outsourcing boutique; eDocuDeal, a
provider of online collaboration software for the lending community; and Holeb Outdoors, a manufacturer of specialty outdoor products. For more information about Praura please visit us at
www.praura.com.