The General Data Protection Regulation (US) What does it mean for executive search? | Page 5

ecutive and strategic hiring ?

It ’ s not all doom and gloom

However , whilst there are significant financial and reputational implications for failing to comply with the changes , it is not all doom and gloom . Instead , rather than focusing on the burden of preparing for the GDPR and the penalties associated with breaches , the new rules can be viewed as an opportunity to enhance working practices and the quality of data stored .
Compliance with the GDPR will foster a culture of data confidence amongst an organization ’ s clients and candidates . Moreover , a greater level of transparency and accountability for information held and transferred will enhance working practices . The GDPR is an opportunity to enhance the quality of data held as the changes will ensure businesses invest more time in thinking about the data that they capture , its future use and how it is stored and transferred . Adhering to the GDPR is a demonstration of the quality of your operations and will strengthen relationships with clients and candidates through a greater level of transparency and increased confidence that you adhere to the highest standards .
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