If you really want to make the modern data economy work for you, you need to understand how to encourage transparency and trust.
As a private individual you need to be able to work out who can be trusted with your personal data. Be as safe as you can be.
As a business you need to work out how to take advantage of the GDPR and the Data Protection Act 2018 to make the most of the opportunities coming your way.
If you’re not ready to be held accountable for your use of personal data then you don’t have the credentials to keep earning trust from your customers. Nor will you be able to hold on to the skills so essential to delivering your products and services. They will eventually move on to a business which has made the effort to earn their trust.
For businesses, it’s what the CBI calls, “…a licence to operate in the modern data economy”.
Have you got yours yet?