Trade Secrets And Confidential Information In A Company

Great Essays
As we all know a successful company has its tactics and strategies to progress in any field, but what is known to the public isn’t always the full recipe on how to succeed just like them. This is where trade secrets and confidential information come into play for any company or organization. Trade secrets include formulas, strategies, lists of contacts, programs, or processes utilized that are kept between their rightful owners and some employees. Like any other secret, confidential information holds a strong value to the company and if any of it is shared among competitors or the public they gain an insight and take advantage of the information to build an even stronger plan. Although a company might feel as if anything they do is to be kept …show more content…
An employer realizes that with the time someone stays with the company the more they learn and grasp from that company, and since a forever employment isn’t guaranteed, the answer to keep leaving employees is unanswered. In the article, “How to keep a secret. TCE: The Chemical Engineer” author, D. Fitzgerald, states, “Employment contracts prevent key employees to work in the same industry as, or in competition with, a former employer for a period of time.” In other words, he says that with the time they stay out of the field either that information they know can change or be modified so if it ever were to be said it would do no good to other competitors. Fitzgerald mentions that the information will decrease in significance and impact due to the fact that new things could have been developed making the information irrelevant. Regardless of the situation, at the end of the day employees in that high of a position to be dealing with important data and details of a company should be ethically built to show loyalty to anyone whether they are still with them or not. Any employee who does seek an outside an other than their current one should ask for permission from the rightful owner if they can use it or talk about it with anyone else. Author T. Hoke states something similar in his article “Improper Use of Confidential Information. Civil Engineering.” Hoke states, …show more content…
The interview process must be detailed and well organized to make sure that the right candidate is hired. The article, “Leaders without ethics in global business: Corporate psychopaths. Journal Of Public Affairs” brings up the topic of psychopaths hired for top managing businesses. Authors, Boddy, C. P., Ladyshewsky, R., and Galvin, P, state, “ Corporations are reported to want to recruit employees who are energetic, charming and fast-moving. Psychopaths can appear to be like this and can present themselves in a good light because of their ability to tell interesting stories about themselves.” This only goes to show that although it may seem on the outside that the person is the perfect match for the job, looking into details and close attention an employer can run exams, ask questions, and most importantly have more than one set of eyes when hiring someone that will fill in a big role in the company. The article, “Making Sense of Corporate Social Responsibility and Work. Frontiers In Psychology” states, “Qualitative research and interviews are essential to understanding individual perceptions and social interactions.” This is more than true because an attitude and personality can take a complete turn when put to work with others, or even when they encounter a situation they don’t find too appealing. Looking back at

Related Documents

  • Great Essays

    Usually customers choose a brand not out of apathy or practice. Audiences opt for competing brands based on deciding parameters like change in the merchandising style, new product packaging design or even the pricing. Hence, it becomes all the more essential for businesses to stress on building emotional connect to boost brand affinity. This is one of the reasons why the prominent players in the world of PR are making concerted efforts to make businesses understand the relevance of brand loyalty and brand affinity as a lost client can lead to negative publicity. Many top public relations agencies are providing brand loyalty and brand affinity services as part of their main service offerings to help brands counter the after-effects of negative publicity as it could seriously damage a business’ image and result in brand failure.…

    • 1141 Words
    • 5 Pages
    Great Essays
  • Improved Essays

    The individuals who are great at systems administration are an important advantage for the company also. I can show my interpersonal skills by building solid, progressing associations with customers; working cooperatively with your colleagues; driving workshops or giving successful training and keeping up a broad system of critical contacts including merchants, customers, and accomplices. While leadership skills are most significant to those in a business management position, yet I don't surmise that I must be at the highest point of the pack to exhibit these delicate skills. Showing that I am a successful leader will work well for me in any industry or position. In the event that a procuring manager spots leadership potential, they may keep me at the highest point of the record for future advancements.…

    • 956 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Also, written communication is widely used because it creates a great image for the company. All a business wants is to create a proposal that will sell. In order to look well put together, the company uses spreadsheets, slideshows, written reports, and contracts to be successful and create an organized image of the business (Suttle). Written communication is also important for a person who is applying for the job. If you are unable to write correctly, or even speak correctly, you are less likely to get the job.…

    • 1304 Words
    • 6 Pages
    Great Essays
  • Superior Essays

    The concepts can work well together, but they can also complicate the inner workings of a business. Management style sets the foundation of how a profession is administered. Business ethics keep the organization in order, but can set a business back with violations of ethical principles. Identity produces a successful business if the employees use their identity as salesmen for the company’s benefit and not to their own advantage. Mamet also uses management style, business ethics, and identity to show the elements of a business and employees.…

    • 1330 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    It seems that a lot of companies are realizing that replacement hiring is not the best option for long term quality employees. Companies are starting to realize the commitment level that employees are willing to give when they have companies that train and promote within. Succession planning looks within the company and finds its future leaders and manager from the ranks. The company will then send the selected employees through various training and developmental programs to get them ready for future succession. This could be a lengthy process and employees should not look at this plan as a two week training period.…

    • 7893 Words
    • 32 Pages
    Improved Essays
  • Improved Essays

    The most obvious option would be to train every employee and manager about the best security practices and ensure compliance with protocols throughout the organization. This however would do very little without good security policy and guidelines. Hiring or contracting security consultants would be the best way to ensure that the best industry standards are being set, and then an informed managerial staff could reasonably follow and create good security strategies. Another possible avenue for improvement would be to remove many of the older technologies that are more risky. While this may make the employee’s life’s more difficult or tedious as well as being costly, the customer’s data and trust are at stake.…

    • 780 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Keywords: mediating employment disputes, resolving employment disputes, the case for dispute resolution clauses in contracts, You can avoid disputes in business relationships 250 words The Advantages of Mediating Employment Disputes Employment disputes are inevitable in any business. Common employment disputes involve wrongful termination claims, discrimination and harassment allegations, and conflict between employees. These disputes are damaging to the business and the employee alike. By mediating employment disputes, however, the parties resolve the issues in a private, more efficient manner. Mediating employment disputes provides a number of advantages that the courtroom cannot provide.…

    • 1052 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Make sure that no matter how bad your boss looks, you put forth your best efforts on the job to preserve your reputation as a top-notch team member. Also, don’t badmouth anyone at work, including your boss, even if the comments are deserved. This will only make you appear as a malicious person that talks behind peoples’ backs. Don’t be afraid to speak up Before quitting your job, it’s worth a shot to voice your issues to your boss and to HR. Some people – although it may seem uncommon – are capable of taking criticism and growing from it.…

    • 812 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    The scientific community is hailed for being correct and providing information that cannot be argued against. This creates a superiority complex within the community in achieving correctness and maintaining a higher status compared to other occupations. This display of authentic behavior shows sincerity and appreciation for his discoveries. As part of this investigative journey, I learned details about humility and authentic behavior in the workplace. Furthermore, it applied to my career and the dangers of becoming full of greed in business as many in the scientific community do to achieve fame and recognition.…

    • 1418 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    The first thing you need to realize is that you should be yourself. You should be a cleaned-up, professional version of yourself, but still authentic and real. Research the Company Before stepping a foot in the office to interview, you need to understand the company.You can 't walk in with no knowledge of what they do. Find out about their business, and it 'll help you sell yourself as the employee they need. Plan Your Answers Many employers ask common questions like "What would you consider your strengths and weaknesses?"…

    • 712 Words
    • 3 Pages
    Improved Essays