​The great resignation = the great IP escape.

With people leaving jobs for a better post Covid life, what does this mean for your business?
 
We generally think of the loss of knowledge and understanding about how to do things efficiently, but you should really be thinking about the loss confidential information such as client data, know-how and trade secrets.
 
The key impact on business will be the loss of valuable intellectual property (IP), and in many cases without acknowledging the fact.

Value leaving the door
Photo courtesy of Dawid Zawila on Unsplash

​Employees usually take confidential information using their digital devices. The most popular ways employees take data are via USB drives (27%), email (24%), cloud storage (19%), SMS messages (15%), and web browsers (13%).
 
Client information, know-how, confidential information and trade secrets are all terms used to describe proprietary information or materials used in the business which provide competitive advantage.
 
In order for this intellectual property to retain value it must remain confidential to the business and release must be restricted. The first step to protecting know-how, confidential information and trade secrets is to be able to identify it.
 
The thing is many employees taking confidential information will not be doing it maliciously. The chances are they will not realise the implications of taking this sensitive information and what this reveals is the general lack of preparation by business.

Protecting your Business Idea with Intellectual Property
Protecting #Innovations with #Patents and #Brands with Registered #Trademarks also with Unregistered Trademarks, #DigitalBrand #BrandProtection and #SocialMedia. ​Help with using #Copyright and #TradeSecrets to protect your Software and Business. 

We Can Help You so call +447587885131 for a Confidential and Free Initial Chat or check www.Exaltip.com for more information.     

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