CEOs

Moving from paper-filled warehouses to digital storage doesn't have to mean layoffs: CEO

U.S. Firms Eye Bollywood's Explosive Growth
VIDEO2:2002:20
U.S. Firms Invest In Bollywood

To update GRM Document Management's paper-only storage system to the 21st Century, CEO Avner Schneur said he decided to go digital — and move away from relying on five-story warehouses.

Schneur said the move to digital in 2011 by transferring paper documents to cloud software that his customers could access online.

Such a technological transition could have easily led to a high number of layoffs at GRM, but Schneur said he was able to minimize turnover by hiring "digital quarterbacks" to re-train current employees.