For those that missed it, this weekend racing driver Lewis Hamilton “Tweeted” his race car telemetry performance, detailing ride height, camber setting etc. Fascinating info indeed if you’re a fan, gold dust if you’re a competitor. I was incredulous that a central member of the team could divulge such sensitive information and along with that my mind turned back to you.
In an effort to devolve decision-making and enable those decisions to be better informed we have opened our data banks, aided by the advances of modern technology.
As I have often said, this site is to cajole you, prompt your thoughts and add value to your working day, the question which I pose today is where on your Board Agenda does the issue of “Circle of Trust” sit and how is it managed? Rather humorously this very question was posed by Robert De Nero in the comedy film “Meet the F…amily(!)”
It would be easy to dismiss my point by bouncing responsibility across to the HR and ICT Departments however it’s my belief that the question could run deeper than just data transfer and competitor positioning. If knowledge is power and knowledge is debased, what does that do to your authority in the long-term?
I think it’s worthy of discussion at the Board; I’d be even more interested in the outcomes.