Search for notes by fellow students, in your own course and all over the country.
Browse our notes for titles which look like what you need, you can preview any of the notes via a sample of the contents. After you're happy these are the notes you're after simply pop them into your shopping cart.
Title: Business Ethics & CSR
Description: Research Paper on Misuse of Data in Business.
Description: Research Paper on Misuse of Data in Business.
Document Preview
Extracts from the notes are below, to see the PDF you'll receive please use the links above
INSTITUTE OF MANAGEMENT,
NIRMA UNIVERSITY
Business Ethics & CSR
Semester- 1
Assignment- 1
Ethics in Data Management and Governance
Submitted to: Dr
...
- 211031
Section- A
MBA-FT (2021-2023)
Date- 19/08/2021
Ethics in Data Management and Governance
Kishan Patel
Institute of Management, Nirma University, Ahmedabad, Gujarat, India
211031 @nirmauni
...
in
Keywords:
Data Governance, Privacy, Ethics
Abstract:
In the present day scenario, the optimal use of data has enabled the business to thrive in the business world
...
This heavy
usage of data by businesses sometimes compromises individual privacy or data get misused both intentionally
or unintentionally
...
The purpose of this
paper is to identify such situations and analyze it ethically to benefit both organizations and individuals
...
They use data to obtain crucial insights to
get a competitive advantage in their industry
...
The
data so collected is then analyzed to attain the organizational goals
...
Data has the power to design and redesign the strategy, and it can also improve the functional capabilities
of an organization
...
How ethically these applications are carried out? When businesses enjoy such huge economic
benefits, the question of ethicality is obvious
...
A study points out
the data-driven Gamification (Hyrynsalmi, Kimppa,
Koskinen, Smed, & Hyrynsalmi, 2017)
...
It can also be done with good intentions, but it causes more harm than benefiting
...
2
ETHICAL CONCERNS IN DATA
MANAGEMENT
While data enables organizations to access the
enormous amount of information that can have various competitive benefits but, its growth at such scale
has raised questions on the ethicality involved in the
process
...
It is important to understand the feelings of
the person whose data is being used
...
In this data-driven time,
any responsible business or organization should consider the following ethical concerns:
• Respect privacy & security of personal information
• Take consent before using personal information
• Provide integrity
Organizations use data to get a competitive advantage and to enhance their operations but, an organization should remember that the core of the organization
is its customers and stakeholders
...
It is obvious that different people have different perspectives on the ethicality of data usage, and organizations should consider the feelings of their customers which will help
them in long term
...
3
DATA PRIVACY AND
SECURITY IN CORONAVIRUS
Data privacy and security are the top concerns for
organizations
...
By end
of March 2020, more than 2,500 cyber attacks were
encountered each day (Continuitycentral, 2020)
...
Zoom
falsely advertised itself as end-to-end encryption security, and fooled its customers
...
And hence the company failed
to secure the personal information of their users
...
Therefore organizations & businesses must consider the
highest ethical ways and take every possible action to
secure the privacy of their employees and customers
...
, 2020) is
the concept that can change the data governance and
make governance more reliable
...
The rationale, development, exposition,
and what CARE stands for are described in the below
sub-sections
...
1
RATIONALE
Conventional values associated with data are not in
line with rights and ethics
...
Consistent changes have
now centered ‘people’ and ‘purpose’ with the help of
governance processes which gave importance to collective ownership & control of data
...
This shift is necessary as it
will promote active participation in the processes of
data usage, which in turn will result in attractive outcomes
...
2
DEVELOPMENT
There exist the sheer tension between protecting
rights in data and supporting open data
...
This workshop expected participants
to frame principles for better data governance
...
FAIR stands for Find-able, Accessible, Inter-operable, and Reusable
...
Workshop participants after realizing that the current
frameworks are only data-oriented they focused their
attention towards the ‘people’ and ‘purpose’ by doing this the development of the CARE Principles happened
...
The CARE Principles are designed in such a way that they complement
the current FAIR Principles and also keep the focus
on the People and processes that provide strength to
control, access, and use data
...
3
EXPOSITION
The CARE Principles readily helped to address important considerations for the modern-day ecosystem
of data and the life cycle of data that support consistent innovation
...
The major goal is to
effectively implement CARE and FAIR Principles in
the real world, both of them are conceptually different, but the Principles define rights, interests, and concepts in a clear way
...
4
...
All these four
concepts form the pillars for data management and
governance
...
• Collective Benefit
Data must provide collective benefit to people so that
they can achieve innovation, growth, improve governance, and much more
...
• Authority to Control
People hold rights and interests in their data and protection of this should be considered most important
...
Indigenous people should be
the ones who recognize it and decide on protocols for
data governance
...
• Responsibility
While working with any data, there should be a sense
of responsibility to develop respectful and healthy relationships with people from whom the data is collected
...
Achieving these 3 goals
completes the responsibility effectively
...
This is the concept where most compromises are observed
...
Implementation is
important to minimize harm as much as possible,
maximize returns and benefits, and provide justice
which they deserve
...
4
...
Defining principles is a leading step towards
implementing Data governance and addressing concerns related to data governance
...
Examples of such organizations include the Research Data Alliance, the Smithsonian Institution, etc
...
They recognized the growing importance of rights and interests in data and the implications needed for data policy
...
The group combines current Data networks with other interested researchers, and due to this step broader, global connections were established
...
RDA showed Further support of the group and
the CARE Principles (Carroll et al
...
In the year 2012, the Smithsonian Institution addressed expectations regarding the sharing, consent,
and mutually agreed terms for data collections
...
It is considered an important step in serving extraordinary access to data and research
...
The data is treated without any attention to the nature, the content of people, the conditions or circumstances under which the
data was collected initially
...
The focus was kept
on access and usage of the digital assets
...
The SD 609 has its own importance because
it helps to find out the special categories of material
that may require primary attention and caretaking in
their management
...
It is defined differently by people
from different communities, nations, religions, etc
...
This type of material is considered to be the private and personal topic
of individuals or societies they belong to
...
It might put the privacy at risk of individuals or the
community when exposed to outsiders
...
The identification so made provides with a good opportunity to
understand and explore in deep about the execution
of the CARE Principles into the Smithsonian’s policy
...
In addition to that, there are still more instances for the CARE Principles to be executed into
data management practices
...
By taking further the current Notices by Local
Contexts these new Notices will show deep and extraordinary relationships of care, responsibility, and
governance into the organization
...
, 2020)
...
This can be done by formulating data governance frameworks to ensure data security and provide safety to all stakeholders (A
...
This requirement will turn into a necessity in
the future because of the rapid shift toward a datadriven world
...
C
...
Considering a legal perspective, organizations
need to undertake appropriate measures to ensure that
laws relating to data collection, usage, storage, and
disclosure of data are followed effectively
...
Organizations should communicate to customers about the benefits they could receive from the
data disclosures
...
Organizations need to develop and implement strategies that allow customers
to take the control of the information they want to
share
...
There exist some types of sensitive information
which require more legal and ethical measures such
as medical data, travel history, etc
...
In the same manner, there should be sufficient safety
involved to address the added ethical risks consumers
will face as well as the potential security and reputational risks organizations will face, for collecting,
storing, and sharing such sensitive data
...
The facility to collect data from millions of
users enables organizations to perform their decisionmaking process simple and informed
...
It has the power to influence
strategy building and help the organization to gain a
competitive advantage
...
Nevertheless,
provided that organizations obtain any value from
data at different levels of functioning, this led to framing the question: how to address the ethical concerns
in data management and governance? which is also
the central theme of this paper
...
For addressing this concern with
the informed perspective some prior studies and research on this topic were referred to get a whole understanding
...
This literature provides the basic introduction of the topic followed by the mentioning of ethical
concerns prevailing
...
For approaching the problems identified,
a framework that can help to address the concerns
was introduced
...
And
finally, the way to move forward is by taking ethics
and data together for benefiting both individuals and
organizations thus making the world more digitalized
and data-driven but by taking the privacy and ethical
concerns into priority and not compromising it for the
mere benefit of some
...
R
...
, Figueroa-Rodr´ıguez, O
...
,
Holbrook, J
...
, Materechera, S
...
The care principles for indigenous data governance
...
(2020)
...
Hyrynsalmi, S
...
, Koskinen, J
...
,
& Hyrynsalmi, S
...
The shades of grey:
Datenherrschaft in data-driven gamification
...
4–11)
...
(2018)
...
Yallop, A
...
(2020)
...
Journal of Tourism Futures
...
C
...
(2020)
...
Online Information Review
Title: Business Ethics & CSR
Description: Research Paper on Misuse of Data in Business.
Description: Research Paper on Misuse of Data in Business.