Transparent Legal Frame-work
The Open Business Council is committed to helping organisations who wish to practice open / co-innovation develop a transparent legal frame-work to ensure the ownership of IP created is distributed fairly amongst all participants. We call this project ‘Co-IP’ and invite those in the field to help contribute to a legal framework for common ownership.
The continous innovation with the advent of Social networking via the Internet became overnight, a major social, technological, and business phenomenon with serious new legal implications. Companies and Organisations with the advent of this new social feature have undergone somehow a definition of open business and redefinition of open in a social perspective within boundaries of admnistration,management and legal strategies.
The Use of low-cost social technologies means that the fact of to connect with friends, family and old acquaintances, to form new relationships, and to broadcast personal, social, financial, academic, and other information has come to rival the massive cultural shift involved with the advent of the web. This continued development and expansion of innovative social networking services, pardigms and uses have obliged companies and organisations to expand the way their brands and message was perceived and expose them to criticism, complains and in some ways to have them in conflict to the public eye in a way never seen before. All this brings new legal challenges to companies.
The social networking phenomenon presents a new set of challenges for legal set ups and the way companies, organisations and governments have managed their legal and complaince strategies. Open Business Council wants to be a place where Social networking information can open and provide vital evidence in connection with disputes and regulatory proceedings.
There are a lot of research and books on this such as the one by Carolyn Elefant and Nicole Black where it is discussed legal ethical issues facing lawyers who use social media, in their new book, Social Media for Lawyers: The Next Frontier (ABA 2010);
Millions of users are unaware of the unique legal issues surrounding their new communication(s) tool(s). Social media, and of course social business is opening new perspectives within legal and complaiance frames for business, brands and the way they identify and interact with their peers, customers. Only understanding the legal issues can prepare business for the problems for a given business or organisation in the immediate moment and in the future.
Open Business Council wants to be a place for the overview of the main areas of International law(s) (namelly in Europe) that affect social media. It intends to help its members to spot problems and give practical advice on putting preventative measures and policies in place.
Open Business Council is designed for anyone using or thinking about using social media open business approaches towards their processes and management. It aims to be a place to reflect the new innovative trends within social business and open business, including:
– Business intelligence, business systems, Strategy;
– Open business and Change management;
– Collaboration / collaborative / co-creation systems;
– Corporate/internal communications and CSR (Corporate Social Responsibility);
– IT, online, new media, ebusiness, elearning;
– HR, ICT, data centers, information;
– Universities, Governance and policies;
– Knowledge management, information management;
– Marketing and PR;
– Performance, operations, project / programme, portals, psl, shared-services.
Open Business Council offers resources, Trade Finance, business advice, SME Finance and a forum and directory for businesses! Improve your business and use the best digital, financial and funding tools to grow ROI – return on investment and ROA – return on attention!