They determine the development of our sales markets, the various regulatory frameworks and our reputation as a Group. That is why we seek and maintain a dialogue with our stakeholders, both at Group level and locally in the regions where we operate.
This report was built from data Cascade compiled through 1 a December customer survey2 an evaluation of more thanassets processed by Cascade in the past twelve months, and 3 a review of related industry research.
The IT Asset Manager is responsible for managing the disposition vendor, ensuring personally identifiable information is destroyed, and reporting asset status for financial accounting. Because the CIO and other executives of an organization can be personally liable for the improper disposition of IT assets and loss of data during disposal, it is a good idea to include them in the ITAM program, too.
Spending Forecast In our survey, respondents indicate a slight uptick in projected investments in IT inwhen compared to For the past several years, more and more respondents indicate they are maintaining a steady investment in IT, which is an indication that they are likely maintaining more regular refresh programs that allow for more consistent investments in IT.
In general, equipment is expected to be replaced quicker, possibly due to the need to keep up with business demands. The laptop refresh rate plan shows a wider distribution of equipment expected to be retired from use. We are also seeing significantly more three year old laptops entering the retirement process.
Laptops are refreshed more rapidly than desktops. While it seems like smartphones are everywhere, not every worker has a business phone in their hands. Our survey shows a continued increase in the adoption of smartphones in the workplace, but less than half of workers are expected to use one for work this is especially the case in manufacturing and healthcare industries.
Firms are also audited to voluntary standards which require that the organization have a robust security policy and an effective program in place to destroy data on retired devices.
To be effective, security policies should address specific elements, such as employee training, vendor management, and data sanitization standards.
A policy is an important tool for setting consistent standards throughout the organization. When enforced, the policy helps prevent data breaches and demonstrates the organization took reasonable precautions to prevent a loss of data. We asked respondents what is included in their security policy related to ITAD.
The checklist to the right lists their responses.
Most importantly, employees are expected to be informed and trained on the policy. Keeping a signed acknowledgment of the policy on file is the best way to demonstrate to auditors that you took reasonable efforts to train staff, which will prevent compliance fines and should also mitigate potential data breaches.
Be sure to conduct a threat assessment against your current asset base to ensure data protection and destruction programs are current and effective.
Security Concerns Managing data security Organizations report that they may use one or more ways to control and destroy data on their hard drives before these devices leave their premises.
Still, many continue to use less effective destruction processes like drive formatting. Cascade recommends all organizations adopt appropriate methods of media destruction based on the NIST Guidelines for Media Sanitization and consistent with their tolerance for risk.
Environmental Issues Illegal disposal now attracting regulators.
Over the past two years, the Basel Action Network BAN is an nonprofit environmental watchdog organization placed electronic GPS tracking devices see top photo into old printers and computer monitors and watched where they traveled across the globe. These electronic devices made their way through different recycling centers across the U.
MIT put together an animated website showing the overall movement of the tracked devices. While the average device dropped off in this project traveled over 2,km to its final destination, since Cascade demanufactured the LCD on site and recycled the tracking device remnants with steel, it only traveled 2 km to its final destination - the shortest trip of any device!
We process locally and responsibly! Low recycling values create challenges was a tumultuous year in the ITAD and e-scrap industry. A number of firms went out of business.
Diversified Recycling in Florida filed for Chapter 7 bankruptcy after the e-Stewards program suspended their certification once it was discovered the company sold non-working electronics to overseas buyers and improperly processed leaded CRT glass.
At the end of the year, 5R Processors, with facilities in Wisconsin, Tennessee and Georgia also left behind warehouses full of unprocessed electronics and they are under investigation by the EPA. Also, a Midwest electronics recycling executive was arrested in December and faces up to 20 years in prison for allegedly lying to clients to generate large sums of money and using company funds for gambling and other personal expenses.
Enterprises are starting to be held accountable if they send electronics to recyclers not capable of processing these devices sustainably. For Cascade, the cost is dependent on what value added services you select and whether these costs can be offset by revenues generated from the resale of equipment.
While your disposal policy should dictate your security and environmental processing requirements, there are steps every organization can take to reduce disposition costs or turn this process into a revenue generator.A nursery group of bison cows and calves makes its way through Lamar Valley.
Due to high rates of survival and reproduction, the bison population increases by 10 to 17% every year: ten times faster than the human population grows worldwide.
The World Bank Group works in every major area of development. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face.
Individual Assignment: Management Challenges and Concerns Report.
At your company, you work on all HRM responsibilities, and have been asked to join a committee to present a report on management challenges. This report must include challenges, possible causes, and a plan for addressing them.
High-level radioactive waste management concerns how radioactive materials created during production of nuclear power and nuclear weapons are dealt with. Radioactive waste contains a mixture of short-lived and long-lived nuclides, as well as non-radioactive nuclides.
There was reported some 47, tonnes of high-level nuclear waste stored in the USA in Core Valuation is a full service, nationwide appraisal management firm (AMC).
We utilize our extensive network of appraisers to deliver reports to banks, brokerages and mortgage firms quickly and efficiently.
Being aware of our stakeholders’ needs and expectations is an important precondition for business success. They determine the development of our sales markets, the various regulatory frameworks and our reputation as a Group.