IDC PeerScape: Best Practices for Developing a Successful Data Privacy Strategy

IDC PeerScape: Best Practices for Developing a Successful Data Privacy Strategy

This IDC PeerScape discusses best practices for developing a successful data privacy strategy."Leading organizations recognize that a strong data privacy strategy is a competitive differentiator," explains David Weldon, adjunct research advisor with IDC's IT Executive Programs (IEP). "Those organizations foster cultures that value data privacy as an asset. While technology practices and policies are the enabler of a strong data privacy program, building customer trust is the cornerstone of it."

Please Note: Extended description available upon request.


IDC PeerScape Figure
Executive Summary
Peer Insights
Practice 1: Improve Efficiencies by Enacting Privacy Measures to Avoid Regulatory Penalties
Challenge
Examples
BSH Home Appliances Group
Paytronix Systems
Stanford University
Guidance
Practice 2: Develop Strategies for More Customizable Privacy Protection
Challenge
Examples
BSH Home Appliances Group
Paytronix Systems
Stanford University
Guidance
Practice 3: Make Privacy Protection Part of Corporate Culture with Widespread Understanding of and Attention to It
Challenge
Examples
BSH Home Appliances Group
Paytronix Systems
Stanford University
Guidance
Practice 4: Pursue Privacy Protection as a Strategic Competitive Capability and Manage It Holistically
Challenge
Examples
BSH Home Appliances Group
Paytronix Systems
Stanford University
Guidance

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