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    The importance of a sound BYOD policy

    As more and more businesses develop a BYOD strategy, chief executives would be wise to establish a detailed set of guidelines.

    In the digital age, business leaders are pondering all kinds of new technologies to streamline their operations and further engage employees. Cloud computing, an increasingly popular strategy, has eased the processes of storing, accessing and backing up large batches of valuable company information. It has also encouraged data sharing, thereby promoting collaboration and interaction among employees. Internal social networks, another emerging workplace tool, has given workers a central place to share content both related and unrelated to their jobs.

    These are just a few of the many technological trends in the digital workplace. Yet perhaps the most comprehensive of them all is the strategy of "bring your own device," or BYOD. This tactic allows workers to use their own personal devices – laptops, smartphones, tablets – for work-related purposes. The strategy creates a wide range of benefits for both the employer and the employee, such as greater flexibility and comfort with technology. However, as tech engineers will tell you, it also requires a sound and detailed policy that explains company rules, agreements and best practices.

    The rising influence of mobile technologies
    Devices that are managed by enterprise operations have increased by 72 percent year over year, according to Information Age. The proliferation of this trend is all the more reason to establish a BYOD policy that can bring about a greater understanding between the employer and the employee.

    "The line between personal and business mobility continues to blur as people routinely use the same smartphones and tablets across every part of their lives," Chris Fleck, vice president of mobility solutions and alliances for Citrix, told the news source. "Regardless of whether or not their company offers a formal bring your own device program, people routinely use the same smartphones, tablets and laptops across every part of their lives."

    As BYOD gains ground, Federal Bank updates regulations
    The Federal Bank in India has to keep track of more and more mobile devices as the BYOD trend continues to gain popularity. This means that the bank must establish  more stringent regulations to help oversee this bounty of private information.

    "Our challenge is to ensure availability of applications on all these devices and to build a device management capability, which can enforce control on all these devices," KP Sunny, chief information officer of the Federal Bank, told the news source. "To be on the safer side, we restrict the access to information from a specific brand of devices."