What is Business
Confidential?
You are basically “stockholders” of
every business the Tribe owns and such you have a right to know the health
of each. Our Constitution requires the Treasurer to report, “all funds received by the Little
Traverse Bay Bands of Odawa Indians or through Tribal enterprises. This
report shall also include all appropriations of operating funds and Tribal
enterprises by department showing how the funds were spent and to include
profit and loss statements where applicable;”
So, what should be confidential? Strategies
and methods are confidential, not results. Strategies might include who and
how you are going to target in a marketing campaign. Results show up in
your profit and loss statements, they already occurred and your competitors
can already see what you’ve done, it’s on your billboards and brochures. Results,
not how you obtained them, are not secret to anyone, they are not “Business
Confidential.”
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