tools - Blog - Global Risk Community2024-03-29T09:15:56Zhttps://globalriskcommunity.com/profiles/blogs/feed/tag/toolsWorkload Scheduling and Automation Software Automating IT Processeshttps://globalriskcommunity.com/profiles/blogs/workload-scheduling-and-automation-software-automating-it2020-10-12T09:46:09.000Z2020-10-12T09:46:09.000ZKBV Researchhttps://globalriskcommunity.com/members/KBVResearch<div><p>Here are the reasons Why Workload Scheduling & Automation is making a trend in the Industry. The adoption rate of the automation system has been increased from the last few years. As the speed of application development in IT industries is increasing day by day, so in order to reduce the time taken from design to delivery, IT organizations are preferring to adopt the automated system in order to make the process of creating workflows, and batch jobs. The application developers are facing a complex and dynamic environment, consequently, there is a need to manage batch activity. For doing so, manual scripting requires more time, therefore Workload Scheduling and Automation software are in demand to reduce the dependency on manual scripting.</p><p></p><p><a href="{{#staticFileLink}}8028337067,original{{/staticFileLink}}" target="_blank"><img src="{{#staticFileLink}}8028337067,original{{/staticFileLink}}" class="align-center" alt="8028337067?profile=original" /></a></p><h2><strong>What is Workload Scheduling and Automation?</strong></h2><p>Workload Scheduling and Automation software is a tool that is beneficial for the rationalization of workflows and automating IT processes. Workload automation simply means the use of software to manage and schedule the task. It helps developers to automate and integrate processes of business and IT.</p><p>Workload automation is helpful in automating, monitoring, and controlling workflows in an IT environment of an organisation. Implementation of the <a href="https://www.kbvresearch.com/workload-scheduling-automation-market/">Workload Scheduling & Automation system</a> lowers the total cost of ownership as well as improve the organizational performance. This software eliminate the need for manual scripting. It plays a vital role in the IT industries to speed up the application delivery processes.</p><h2><strong>Advantages of adoption of Workload Scheduling & Automation</strong></h2><ul><li>Workload automation reduces the dependency on manual and decreasing the subsequent errors caused by manual intervention.</li><li>Workload Scheduling and Automation software are cost-effective for small and large enterprises.</li><li>It is a single solution for the management of the batch activity.</li><li>They can automate, monitor, and control workflow in an organization.</li><li>This software is capable of managing tasks without human intervention.</li><li>It also helps organizations improve the efficiency of the employee.</li><li>Such software lowers the total cost of ownership as well as improve the organizational performance.</li></ul><h2><strong>Workload automation increases the productivity of the business</strong></h2><p>As the operation of these automation systems is within the framework of accuracy, time-bound, and data volume, they can securely and effectively transfer the data. Workload automation helps companies to serve customers according to their demand. Every business involves a variety of standard and custom systems, Workload Scheduling & Automation helpful for better management of such systems. So all these factors have a positive impact on the growth, and performance of companies and businesses.</p><h2><strong>Challenges faced by Workload Scheduling & Automation</strong></h2><ul><li>Workload Scheduling & Automation is expensive to implement and manage such tools. Also, it requires a high cost of maintenance.</li><li>Workload automation is not considered as very cost-effective for non-critical applications.</li><li>The automation system in workload scheduling is not that flexible.</li><li>In the current scenario, due to the outbreak of COVID-19, enterprises, and governments are facing financial challenges as there is a complete disruption of supply chains.</li><li>It is expected that in the coming few years the adoption rate of workload automation will be slower.</li></ul><h2><strong>Setting out of Workload Scheduling & Automation</strong></h2><p>Workload Scheduling & Automation are deployed as on-premise or cloud-based. According to the modern trend, workload automation is mostly used in a virtual cloud environment. With the advancement in technology, many enterprises tend to deploy cloud-based workload automation. It integrates, operates, and monitors workload.</p><p>The cloud base workload automation has various benefits, like improved scalability and reliability, upgraded customer service, and better security. It is revealed by The Future of Cloud Report: 2018 that around 27% of the industry experts predict that over the next five years almost 95% of the workloads being run on the cloud. Renowned vendors, such as Oracle Corporation, IBM Corporation, and Cisco Systems, workload automation play a dynamic role in these industries by guiding their clients through the digital transformation journey which in turn making companies easy to understand the need of the clients.</p><h2><strong>The bigger picture</strong></h2><p>The Workload Scheduling & Automation Market has been witnessing rapid growth as the speed of application development is rapidly increasing in IT industries. Companies are focused on reducing the time taken from design to delivery, to achieve this, IT organizations are adopting the automated system for the process of creating workflows, and batch jobs. This allows IT to speed up the application delivery processes and hence shorten the time to market. These are some factors that are increasing the adoption of the Workload Scheduling & Automation system.</p><p>The growing demand for scalability along with continued digital transformation and the increased penetration of cloud computing are the factors that are expected to have a positive impact demand of the Workload Scheduling & Automation software. In the current situation of the pandemic, technology-driven companies are looking forward to operating work environments that can remotely leverage the cloud-enabled workload automation and scheduling solutions.</p></div>Surgical Retractors for The Increasing Rate of Surgeries Worldwidehttps://globalriskcommunity.com/profiles/blogs/surgical-retractors-for-the-increasing-rate-of-surgeries2020-07-06T10:44:09.000Z2020-07-06T10:44:09.000ZKBV Researchhttps://globalriskcommunity.com/members/KBVResearch<div><p>Surgical retractors assist surgeons and operating room professionals in keeping the incision or wound open during surgery. They help to hold back the underlying organs or tissues, allowing physicians/nurses better visibility and access to the exposed area. The right retractor and medical device lighting will bring comfort and illumination directly to the surgical cavity where it is required.</p><p></p><p><a href="{{#staticFileLink}}8028322692,original{{/staticFileLink}}" target="_blank"><img src="{{#staticFileLink}}8028322692,original{{/staticFileLink}}" class="align-center" alt="8028322692?profile=original" /></a></p><p></p><p></p><p>Surgical rotation can be strenuous on your body, and every patient wants the best treatment. Retractors have a vital function to play in surgery. They come in different sizes, shapes, and designs. <a href="https://www.kbvresearch.com/surgical-retractor-market/">Surgical retractor</a> lighting could make it easier for surgeons to navigate deep or minimally open cavities. Better visibility before and at the end of surgery is helpful for both the surgical team and the patient.</p><p></p><h2><strong>What is a surgical retractor?</strong></h2><p>Surgical retractors allow doctors and operating room staff to hold the incision or wound open during surgery. They help to keep back the underlying organs or tissues, giving physicians/nurses more exposure and access to the exposed area. The right retractor and medical system illumination can bring comfort and light directly to the surgical cavity where it is required. Retractors have a crucial role to play in surgery. They come in different sizes, shapes, and designs.</p><p></p><p>Surgical retractor lighting makes it easier for surgeons to access large or minimally open cavities. Effective visibility before and at the end of the operation is helpful for both the surgical team and the patient. In addition, advances in surgical technologies have changed the operating process throughout the years. Innovations are helping to change the surgical solutions and thereby pushing the demand for surgical retractors.</p><p></p><h2><strong>Some of the commonly used surgical retractors:</strong></h2><h3><strong>Hand Retractor</strong></h3><p>Hand Retractors are held by a nurse, a robot, or a surgeon during the surgery. Retractors are used to keep the incision or wound open while the surgeon is operating. The retractor can also be used to hold tissues or organs out of the way during surgery. Hand retractors are retractors that must be carried by a nurse, a robot, or a surgeon during the operation.</p><p></p><h3><strong>Self-Retaining Retractors</strong></h3><p>Self-retaining retractors have a screw, ratchet, or some sort of clamp to secure the tissue on its own. They allow the surgeon to have two hands-frees. Self-retaining surgical retractors can be small, such as those for eye surgery, or large, such as universal ring retractor systems. Self-retaining retractors can also be useful for spinal tumor surgery.</p><p></p><h2><strong>Applications of surgical retractors:</strong></h2><h3><strong>Obstetric & Gynecological Surgeries</strong></h3><p>Obstetric and gynecological surgery refers to operations that are undertaken to treat a number of disorders involving female reproductive organs. The main structures of the reproductive system are the vagina, uterus, ovary, and fallopian tube.</p><p></p><p>Obstetrics is an area of medicine that focuses on women throughout pregnancy, childbirth, and postpartum periods. Gynecology is a wider field, concentrating on the general health care of women and the treatment of conditions affecting the reproductive organs of women. There is a broad variety of surgical techniques that have been developed to treat the different disorders that affect the reproductive organs of women.</p><p></p><h3><strong>Orthopedic Surgeries</strong></h3><p>Orthopedic surgery is a treatment procedure performed on the musculoskeletal system in the event of injury or various conditions. The musculoskeletal structure comprises bones, joints, and associated soft tissues: muscles, ligaments, and tendons.</p><p></p><p>The most commonly performed orthopedic procedures include: knee arthroscopy and meniscectomy, shoulder arthroscopy and decompression, carpal tunnel release, knee arthroscopy, and chondroplasty, support implant removal, knee arthroscopy, and anterior cruciate ligament repair, among many others. Orthopedic surgery retractors are used to protect surgical incisions in an open position and to gain access to surgical sites by manipulating tendons, nerves, veins, and other tissues from the intended area of operation of the surgeon.</p><p></p><h3><strong>Abdominal Surgeries</strong></h3><p>Abdominal surgery is the operational procedure of any organ including the stomach, gallbladder, small or large intestine, liver, pancreas, spleen, and appendix. It can either be performed as an open or laparoscopic procedure. Some specific forms of abdominal surgery include hernia repair, appendectomy, abdominal exploration, and inflammatory bowel disease surgery. This can be done for a number of purposes, including infection, pain, obstruction, or tumors.</p><p></p><p>Abdominal surgical retractors are a range of hand-held, self-retained, and table-mounted surgical instruments used in abdominal surgery. The main purpose is to keep the abdominal wall open during surgery and to allow clear access to and view of the surgical site. Abdominal retractors are made using high-quality materials for accuracy and longevity. High-tech manufacturing machinery such as wire-cut EDM and CNC 5-axis machines ensure that the measurements and quality standards set are met, resulting in products that meet user expectations.</p><p></p><h3><strong>Cardiothoracic Surgeries</strong></h3><p>Cardiothoracic surgery is used to treat conditions in the heart, lungs, and chest. Cardiothoracic surgery can help to open up coronary arteries narrowed by fatty plaque accumulation, to repair weakening heart muscles or defects, or to correct heart rhythm problems. Cardiothoracic surgery (also known as thoracic surgery) in the field of medicine involved in the surgery of organs inside the chest — usually the treatment of heart (heart disease) and lung disease.</p><p></p><p>Even the most advanced machines are capable of responding intelligently to changes in the body of the patient. Self-retaining retractors help with retaining incisions, organs, and other tissues. Commonly, thoracic surgical instruments include clamps and forceps, caps, needle holders, chest and sternum spreaders, retractors, and scissors. During coronary artery bypass graft, access to the arteries can be difficult, particularly in the posterior and lateral aspects of the left ventricle. A flexible surgical retractor coated with silicone has been designed to assist in this procedure. A central opening and simple malleability help for the myocardial retraction and coronary artery bypass graft.</p><p></p><h2><strong>To sum up</strong></h2><p>The growing demand for retractors that allow surgeons to have maximum exposure to the point of surgical dissection is a case in point. Moreover, the introduction of innovative devices to improve breast enlargement results and their growing application to minimally invasive aesthetic surgeries is catalyzing the market growth. Medical tourism is the main driver of the growth of surgical retractors.</p><p></p><p><strong>Free Valuable Insights:</strong> <a href="https://www.kbvresearch.com/news/surgical-retractor-market/">Global Surgical Retractor Market to reach a market size of USD 3.6 billion by 2026</a></p><p></p><p>Patients travel to many countries by the usage of advanced and specialized medical technological devices, equipment, and other products. Medical tourism takes place in cases where medical care and surgery are required. Medical tourism is on the rising in Asia-Pacific regions, where India is an attractive destination because of core opportunities in the form of productive infrastructure and technology in the healthcare sector.</p></div>Adoption of Team Collaboration Software Tools By the Industrieshttps://globalriskcommunity.com/profiles/blogs/adoption-of-team-collaboration-software-tools-by-the-industries2020-06-29T09:44:21.000Z2020-06-29T09:44:21.000ZKBV Researchhttps://globalriskcommunity.com/members/KBVResearch<div><p>Team collaboration can be extended to various types of business relationships such as bosses and subordinates, multi-team representatives, employees of two collaborating organizations, and company partners of service providers, contractors, volunteers, or vendors.</p><p></p><p><a href="{{#staticFileLink}}8028325859,original{{/staticFileLink}}" target="_blank"><img src="{{#staticFileLink}}8028325859,original{{/staticFileLink}}" class="align-center" alt="8028325859?profile=original" /></a></p><p></p><p>Teams with successful collaboration methods tend to deliver advantages such as faster project turnaround times, more time frames met, and, as a result, less money spent. In addition, effective team collaboration helps employees learn about each other, solve challenges more effectively, break down communication walls, and see a larger picture of the company.</p><p></p><h2><strong>What is team collaboration software?</strong></h2><p>Team collaboration is a communication and project management approach that emphasizes teamwork, creative thinking, and equal engagement in achieving goals. While the word collaboration refers to the act of working with someone to produce something, team collaboration at the workplace also includes corporate culture and technology. Team collaboration objectives include a rapid and efficient completion of projects, a collective brainstorming solution, and a sense of achievement for all team members.</p><p></p><p><a href="https://www.kbvresearch.com/team-collaboration-software-market/">Team collaboration software tools</a> can be used to boost teamwork performance, keep team members accountable, and organize projects. The main features of collaboration tools can include the incorporation of messaging channels, scheduling programs, video conferencing, and job checklists. Popular team software collaboration providers include Microsoft, Slack, Trello, Zendesk, Dropbox, and Skype.</p><p></p><h2><strong>Why Do Workplace Failures Happen?</strong></h2><p>The demand for a collaborative work product is only growing, and the amount of time invested by the workers on team-related activities will also begin to increase. However, although it has become crucial to the success of the workplace, collaboration is often difficult.</p><p></p><p>Workplace failures can occur where collaboration and team skills are missing. The company might end up with an incohesive array of conflicting silos, teams, and individuals. Without strong collaboration and communication skills, efficiency and resources can be lost. The employees have to add to other skill sets, such as decision-making and leadership, to guide your group.</p><p></p><h2><strong>Why Have a Collaborative Relationship?</strong></h2><p>Collaboration is more than just a buzzword for the companies of today. When you want the organization to function as one, irrespective of the role of a particular staff member, team collaboration can be more than just a term. Remember that teamwork requires the ultimate authority that takes decisions and settles conflicts with the team. Collaboration may not have the ultimate power, but it should have a leader who understands the nature of the work. Collaborations should also have the basic rules laid down by the group itself. Collaborations are driving the deliverables to be more creative and competitive in the marketplace.</p><p></p><h2><strong>The Real Benefits of Team Collaboration in the Workplace</strong></h2><h3><strong>Adaptability</strong></h3><p>As with problem-solving, adaptability is the inevitable outcome of a collaborative team. If a team knows its function and its ultimate goal, it will plan for any situation that arises. Change is sure to happen within your field and predicts that change is predictable for the team. Teams and organizations tend to adapt at a fairly rapid pace, so if the team isn't organized, it's easy to change and lead to disaster.</p><p></p><h3><strong>Problem-solving</strong></h3><p>Crisis at work is preventable if you consider collaboration a priority. A team that understands the processes and methods at hand is well prepared to streamline remedies and find teammates who can help. To address business challenges and operate productively, companies need the ability to access knowledge around the enterprise with online, streamlined, integrated, and intuitive collaboration resources that improve the capacity of their workers to work together. The collaborative team gets the opportunity to work together on brainstorming, working with each other's strengths to find a solution. It's all about working together — knowing how to do it.</p><p></p><h3><strong>Open communication and participation</strong></h3><p>Teams that work collaboratively also share information. Integrating collaborative tools into the workflow is the first step towards better communication. With this, teammates can see the work in motion, who is responsible for it, and how it impacts everyone's work. A team that learns how to work together is comfortable exchanging their thoughts and adding new strategies and resources to the table. This level of involvement ensures that teammates can interact with each other simply and straightforwardly. This brings innovations and ways for the team to improve.</p><p></p><h3><strong>Engagement</strong></h3><p>A motivated employee is a happy employee — one who is confident exchanging thoughts and pleased with the team's ambitions, but is still willing to face what's next. And every day a satisfied team member is ready to work and support the rest of the squad. Engagement is important for all of the advantages of the workplace: productivity, profitability, retention, and happiness, to name a few. As more workplaces prioritize employee engagement as a measure of success, it is essential to foster a collaborative environment for better engagement. If you want to be a dedicated teammate, consider all the benefits of working together at the workplace to improve their performance and support the team — that's what it's all about.</p><p></p><h2><strong>Team collaboration software for emerging industries:</strong></h2><h3><strong>Retail</strong></h3><p>Geography doesn't matter when you incorporate a collaborative team approach. Team collaboration tools are described as software that allows team members to communicate and collaborate irrespective of distance. Organizations can use collaborative tools to boost their customer experience, the workplace orientation as well as to significantly strengthen the sense of teamwork and morals. Team collaboration tools are designed for teams working together to accomplish a wider, overarching objective and to assist with the various aspects of teamwork, from initiating interactions to coordinating tasks.</p><p></p><h3><strong>Healthcare & Life Sciences</strong></h3><p>Clinical communication technology keeps the care team members connected (so that they can reach out to the doctor who has not entered the EHR notes) and automates alerts (so that they receive text messages when critical lab results come in). Overall, a collaboration care team platform provides the right information to the right people at the right time through secure messaging, voice, or video. The World Health Organization describes interprofessional cooperation as many health professionals from diverse disciplinary backgrounds working together with patients, relatives, carers (caregivers), and populations to provide the best level of care.</p><p></p><h3><strong>Banking, financial services and insurance (BFSI)</strong></h3><p>Today, the financial services sector is growing faster, more creative, more inclusive, and better at delivering value for consumers than it has ever been. But that does not insulate businesses in the industry from the effects of changing business dynamics and changing consumer preferences. Customer experience SMEs could provide customers with faster access to subject matter experts, increased visibility of their case progress, and a better experience. Sales teams can communicate across channels and track contacts throughout the customer journey. Improved team collaboration can improve conversion rates and help meet targets.</p><p></p><h2><strong>The bottom line</strong></h2><p>The team collaboration software market is projected to skyrocket in terms of growth and revenue due to the expansion of new technologies that facilitate statement over a wider range of endpoints. It is also anticipated that the growing popularity of social networking websites will provide avenues for market expansion. The advent of digitalization is the primary factor that promotes the growth of the Team Collaboration Software Market.</p><p></p><p><strong>Free Valuable Insights:</strong> <a href="https://www.kbvresearch.com/news/team-collaboration-software-market/">Global Team Collaboration Software Market to reach a market size of USD 17.3 billion by 2026</a></p><p></p><p>In addition, the increasing prevalence of smartphone users, coupled with advances in the latest technologies, is expected to further help increase the overall size of the Team Collaboration Software Market in the forecast period. In addition, the rising trend of Bring Your Device (BYOD) and Work-from-home culture is also expected to help attract more revenue from the Team Collaboration Software Market in the years to come.</p></div>Top Trends Making a Difference in the Digital Workplacehttps://globalriskcommunity.com/profiles/blogs/top-trends-making-a-difference-in-the-digital-workplace2020-06-17T11:02:57.000Z2020-06-17T11:02:57.000ZKBV Researchhttps://globalriskcommunity.com/members/KBVResearch<div><p>The digital workplace isn't just defined by the technological innovations it implements. A digital workplace strategy will, above all, concentrate on the enterprise-wide implementation of its programs and applications by users. The modern workplace is continually changing.</p><p></p><p><a href="{{#staticFileLink}}8028319090,original{{/staticFileLink}}" target="_blank"><img src="{{#staticFileLink}}8028319090,original{{/staticFileLink}}" class="align-center" alt="8028319090?profile=original" /></a></p><p></p><p>Furthermore, the workplace environment is under siege by demographic changes, technological advances, globalization, and automation. In order to keep pace with these changes, business leaders will be using the opportunity to illustrate a deep understanding of the latest patterns in the workplace.</p><p></p><h2><strong>What is the digital workplace?</strong></h2><p>The digital workplace is a new method to manage the modern technologies used by employees to get work done that stresses accessibility and an overall better experience. It acknowledges that retaining top talent depends on creating a world-class working environment that reduces friction, connects people, improves morale, encourages collaboration, and is in keeping with the company's stated work culture.</p><p></p><p>A well-interconnected <a href="https://www.kbvresearch.com/digital-workplace-market/">digital workplace</a> requires substantial investment in resources and technologies. However, if the systems used are fairly low-cost, turn-key projects, API integrations and operating support and governance of these systems may be very high. Executive leaders who are signing up for digital workplace projects today are deeply interested in linking the results to ongoing business initiatives and the performance indicators associated with them.</p><p></p><h2><strong>Digital workplace for various industries</strong></h2><h3><strong>Banking, financial services and insurance (BFSI)</strong></h3><p>With their distributed workforce and the need for additional security, banks and credit unions have particular expectations for a digital workplace. Each industry is influenced by the digital revolution — but maybe none more than financial services. Banks, credit unions, and others in the industry are under immense pressure to provide consumers and employees with an elegantly designed, mobile-friendly network service that is accessible 24/7.</p><p></p><p>They're not able to be put back on a 9-to-5 working day. Financial services workers work in a wide range of business applications during the day, including many existing technologies that have not been modified and internally created apps that have a specific purpose. Employees, however, need the freedom to use all the resources they need on whatever device they use.</p><p></p><h3><strong>Healthcare</strong></h3><p>Scalpels and stethoscopes are not the only devices on which healthcare practitioners rely. In addition to state-of-the-art facilities, nuanced digital workplaces can help make medical wonders a possibility by ensuring that critical information is readily available even in emergencies. In health care, quality can be the difference between life and death.</p><p></p><p>Modern intranets provide critical information to on-call workers, such as doctors and nurses, at a moment's notice, helping employees to achieve high accuracy and efficiency. Furthermore, optimized digital workplaces can unify a notoriously segmented workforce by providing remote access to real-time updates, documents, and communications via mobile capabilities for all employees.</p><p></p><h3><strong>Retail & Consumer Goods</strong></h3><p>Digital workplaces can help retailers comply with union laws through the democratization of scheduling procedures. By providing employees with more flexibility and visibility in scheduling processes, flexible scheduling tools minimize attrition and enable employees to attain greater satisfaction with both their workplace and their personal lives.</p><p></p><p>Digital workplaces are critical to the elimination of managerial manipulation from the process. Employees gain autonomy from supervisors who may be forced to take days off or pick up shifts. Instead of receiving a phone call, workers can accept or refuse shifts without communicating directly with managers. What's more, employers can customize advanced digital workplaces to accommodate predictable scheduling regulations, completely prohibiting on-call scheduling.</p><p></p><h2><strong>Top 3 digital workplace trends that are shaping the industry growth:</strong></h2><h3><strong>Fast, reliable, multimodal communication</strong></h3><p>Although there is still a massive demand for voice, it is yet to become a part of a larger multimodal portfolio. Organizations also require video, collaboration, and mobile access, so they want it to be more streamlined and automated.</p><p></p><p>Mobile applications that provide consumers with complete (uninterrupted) connectivity and collaboration, including individual and group voice, video, IM, file sharing, and group chat options would flourish in the digital workplace. Enterprise social networking as part of the program can continue to keep workers in contact with the right people at the right time. Attractive mobile solutions prioritize high security and searchability.</p><p></p><h3><strong>Cybersecurity</strong></h3><p>Cyber threats and data leaks tend to occur regularly. That being said, with companies currently being kept accountable for securing employee and consumer records, the stakes have never been higher. DPR, data security, and network security are all getting more and more important, especially with marketing techniques such as personalization that require consent for data storage. Cybersecurity requires organizations to rethink how assets and data are protected.</p><p>Personal data of employees (name, address, phone number, etc.) has to be secured against phishing and vishing attempts — especially with Bring-Your-Own-Device (BYOD) policies where employees connect their own devices to internal networks. Organizations will continue to work on ways to improve productivity, efficiency, and cost. Nevertheless, successful organizations will not allow the future to be determined by the past. To truly excel in a digital transformation-driven age, organizations have to be versatile and open to adapt, be ready to rethink the way things have always been done.</p><p></p><h3><strong>Educate employees about everyday AI solutions</strong></h3><p>Artificial Intelligence (AI) is going to better describe the digital workplace. Over the years to come, more than 40 % of companies and one-tenth of future start-ups will employ more digital than human workers. While once seen as a technological buzzword, AI today blends into everyday working life so effortlessly that it can still slip under the radar for many workers.</p><p></p><p>Offices are continually innovating with revolutionary AI technologies, ranging from optimizing work routines to prioritizing emails, helping employees create better records, and improving personal and company productivity. Users either follow these AI digital workplace solutions intuitively or can be optimized by a sequence of automated prompts or videos. Employees are at the forefront of the new AI technologies delivered in the day-to-day systems they use can help streamline automated workflows and boost enterprise-wide performance regularly.</p><p></p><h3><strong>The bottom line</strong></h3><p>The digital workplace market is playing a critical role in pushing organizations forward; the time is now to prepare for the next wave of breakthroughs. While it's convenient to predict the potential of the workplace, nobody has a crystal ball to foresee what lies ahead. Despite the high-speed digital transition, one thing is certain: change must stay continuous.</p><p></p><p><strong>Free Valuable Insights:</strong> <a href="https://www.kbvresearch.com/news/digital-workplace-market/">Global Digital Workplace Market to reach a market size of USD 44.9 billion by 2026</a></p><p></p><p>In addition, job roles have been transforming turn into something completely different, while others have disappeared completely. The focus, though, was on hard skills, but this is now evolving and fast. Every year, companies face innovations and developments that change the way they work and function. About any part of the business is subject to transition, and the workplace is no different.</p></div>All About Security Information and Event Management Solutionshttps://globalriskcommunity.com/profiles/blogs/all-about-security-information-and-event-management-solutions2020-06-12T20:33:44.000Z2020-06-12T20:33:44.000ZKBV Researchhttps://globalriskcommunity.com/members/KBVResearch<div><p>Security information and event management was initially designed to help organizations achieve compliance and keep their information compliant but has evolved over the years. Moving beyond its roots, software vendors now provide machine learning, advanced statistical analysis, and other analysis methods for your products for <a href="https://www.kbvresearch.com/security-information-event-management-market/">security information and event management (SIEM)</a>.</p><p></p><p><a href="{{#staticFileLink}}8028321266,original{{/staticFileLink}}" target="_blank"><img src="{{#staticFileLink}}8028321266,original{{/staticFileLink}}" class="align-center" alt="8028321266?profile=original" /></a></p><p></p><p>The SIEM and Threat Management evolution continues to build on a scalable open security platform that supports security and user- and device automation, leverages advanced analytics and artificial intelligence to deliver priority, contextual results.</p><p></p><h2><strong>What are security information and event management?</strong></h2><p>Security information and event management (SIEM) tools offer business security experts both visibility into and a comprehensive record of the events inside their IT system. Security information and event management technology has been in operation for more than a decade, originally emerging from the log management discipline.</p><p></p><p>This integrates Security Event Management (SEM) with Security Information Management (SIM) that gathers, analyzes, and reports on records of data to include vulnerability control, event correlation, and incident management in real-time.</p><p>Security information and event management compile and aggregates log data from host and applications, network, and security devices like firewalls and antivirus filters across the organization's technology infrastructure. The software then identifies, categorizes, and analyzes events and incidents. </p><p> </p><h2><strong>Why choose security information and event management solutions?</strong></h2><h3><strong>SIEM in the enterprise</strong></h3><p>The security information and event management tools capture only a limited part of the overall global company security dollars. SIEM platform is mainly utilized by large businesses and public entities, according to experts, where conformity with legislation appears to be a significant factor in the application of this technology. In addition, as the learning of machines and artificial information within SIEM products increases, analysts expect SIEM vendors to provide a hybrid option with some cloud-based analysis.</p><p></p><h3><strong>Analytics and intelligence</strong></h3><p>The modern features of other products are one of the key factors behind the adoption of security information and event management tools for security operations. In addition to standard log records, a range of SEIM systems include threat intelligence feeds, and other SIEM products provide security monitoring tools that analyze network behavior and user behavior to provide further visibility about whether an activity indicates malicious activity. Vendors are developing their products with machine learning, advanced statistical analysis, and other analytical procedures, while others even work with deep learning abilities and artificial intelligence.</p><p></p><h2><strong>The applications of security information and event management</strong></h2><h3><strong>Log Management & Reporting</strong></h3><p>System logs created by servers and other different network equipment may produce data is in considerable amounts, and sooner or later, attempts at handling such information in an off-the-cuff fashion are no longer feasible.</p><p></p><p>Consequently, information management administrators are charged with devising methods for taming large quantities of log data to stay consistent with business IT policy and also to achieve comprehensive insight through all IT infrastructure implemented in the enterprise. The formula for log management is easy and remarkably strong with tad guidance and some planning.</p><p></p><h3><strong>Threat Intelligence</strong></h3><p>Effective approaches today provide a variety of tools to detect threats around the spectrum, from complex advanced persistent threats and malicious insiders to ransomware and other commoditized malware.</p><p></p><p>Such technologies involve machine-learning driven behavioral analytics to recognize outlying activities that indicate the existence of a stealthy attacker; real-time correlation to threat information to easily detect identified threats and alert analysts; and a spectrum of anomaly detection, predictive analytics, historical correlation, and other sophisticated analytics to tackle a wide range of business-critical security use cases.</p><p></p><h3><strong>Security Analytics</strong></h3><p>Security information and event management, or SIEM, has been part of the vocabulary of every company. SIEM solutions gather events from multiple systems and interpret them — both in real-time and from historical records. Cost control of SIEM may be daunting — despite overall high cybersecurity costs. However, there is a choice if the FOSS (free and open-source solutions) approach is chosen.</p><p></p><p>Commercial SIEM systems are often more flexible and mostly follow a pay-as-you-go model — or, better still, a pay-as-you-grow model — with prices varying according to the amount of data they 'd consume or store. At the same time, there has been significant progress in open source software for SIEM and security analysis. This will make a major difference to cost efficiency.</p><p></p><h3><strong>Industries that are actively adopting security information and event management tools</strong></h3><h3><strong>Healthcare & Social Assistance</strong></h3><p>Security information and event management solutions are a useful technique for cost-effectively addressing such problems. Violations are costly and the versatility allows it adaptable from a remote facility to a large hospital, irrespective of size and resources. A SIEM is highly beneficial for avoiding data violations and also the threats posed by IoT (Internet of Things) devices are used for health purposes, from pacemakers to elderly trackers. This advanced security package scans every part of the infrastructure with the Asset Discovery. The capacity to view and evaluate both devices is essential to ensure the entire network.</p><p></p><h3><strong>Finance & Insurance</strong></h3><p>The majority of people don't know, but the banks are more powerful than any army, on earth. You and your credit card issuers, insurance companies, investment bankers, and security exchanges are just one part of the financial industry. The financial market is the panel that promotes commerce and trade worldwide.</p><p></p><p>The reporting feature of security information and event management solutions will improve compliance with the reporting criteria by collecting the data. In the case of successful attacks, a report is produced describing the nature of the incident. Threat intelligence is an indispensable tool to distinguish between the rising flood of data and what to prioritize. In addition, several SIEM vendors provide external penetration testing, which aims to detect security vulnerabilities.</p><p></p><h3><strong>Retail</strong></h3><p>Cybersecurity is a key focus for retail companies. Currently, one in three stores loses money from cyber threats, with 16 percent of businesses tallying more than $1 million in damages. And while retailers recognize that they are a frequent target, only 52% feel that their security infrastructure is up-to-date with the ongoing threats.</p><p></p><p>More worryingly, only 61 percent believe that they are completely compliant with retail health requirements. More businesses are focusing their attention on cybersecurity and enforcement in the retail sector. A modern SIEM solution provides one-stop management, integration, correlation, and analysis, making it simpler to monitor and troubleshoot the IT infrastructure in real-time. Without a SIEM approach, for any hardware, software, and a security source, a security analyst will navigate through millions of non-comparable data processed in "silos." In short, SIEM can be described as a solution that stands for simplicity.</p><p></p><h2><strong>The today and tomorrow of security information and event management technology</strong></h2><p>The security information and event management market is extensively assisting businesses with simple process automation. Nevertheless, as companies continue to expand, SIEM may need to deliver increased capabilities. For example, due to the increased commercialization of AI and machine learning, SIEM software would have to provide faster orchestration to have the same degree of security for the various divisions within the company. In addition, the security protocols and the execution of those protocols would be quicker, more effective, and more efficient.</p><p></p><p><strong>Free Valuable Insights:</strong> <a href="https://www.kbvresearch.com/news/security-information-event-management-market/">Global Security Information and Event Management Market to reach a market size of USD 6 billion by 2026</a></p><p></p><p>As risks of intrusion and unauthorized access continue to escalate, companies must adopt a two-tier strategy to identify and evaluate security threats. A company's IT department can incorporate SIEM in-house, whereas a managed service provider (MSP) may introduce the MDR tool. SIEM vendors will enhance the cloud management and monitoring capabilities of their platforms to help address the security needs of web-based organizations.</p><p> </p></div>Enterprise Data Management Components For Emerging Industrieshttps://globalriskcommunity.com/profiles/blogs/enterprise-data-management-components-for-emerging-industries2020-05-19T12:15:46.000Z2020-05-19T12:15:46.000ZKBV Researchhttps://globalriskcommunity.com/members/KBVResearch<div><p>The emerging enterprises of industries have time and again considered <a href="https://www.kbvresearch.com/enterprise-data-management-market/">enterprise data management</a> solutions as a savior in the era of big data. Enterprise data management provides an ability to accurately define, integrate, and retrieve data for internal applications as well as external communication. The technology focuses on the creation of accurate, transparent, as well as consistent content.</p><p></p><p><a href="{{#staticFileLink}}8028316287,original{{/staticFileLink}}" target="_blank"><img src="{{#staticFileLink}}8028316287,original{{/staticFileLink}}" class="align-center" alt="8028316287?profile=original" /></a></p><p></p><p><a href="{{#staticFileLink}}8028316287,original{{/staticFileLink}}" target="_blank"></a></p><p>A successful data management program is cost-efficient because you would have fewer data management challenges, saving you time and money and preventing duplication of information. The data management program keeps the whole company up and running, ensuring that it is up and running. In the past few years, cloud computing, hybrid cloud, artificial intelligence, and machine learning have been at the forefront of data processing conversations. Enterprises are seeking more real-world uses for new technologies and are recognizing that they will offer a strategic edge.</p><p></p><h2><strong>What is enterprise data management?</strong></h2><p>Enterprise data management (EDM) refers to a collection of procedures, strategies, and activities that rely on data integrity, consistency, reliability, availability, and good governance. Data processing involves ensuring that your citizens have the reliable and timely data they need and that they meet the criteria for storing quality data in a consistent, safe, and controlled environment.</p><p></p><p>EDM solutions streamline business processes and draw needed conclusions from data as well. It also formulates business operations strategy which ensures accountability in the overall enterprise system. Enterprise data management smoothes data flow and eliminates processing time for various activities. It adds productivity and quality to enterprise management. By serving as a master data management tool, enterprise data management offers customer data that involves embedding new company data to integrate into organizations’ internal structures.</p><p></p><h2><strong>Why do enterprises need enterprise data management?</strong></h2><p>When the quantity and range of the data increases, it becomes more difficult for businesses to manage enforcement risks. This also forces businesses to do the bare minimum that is expected of them. There are apparent shortcomings in this form of approach to data processing. This is a reactive approach to corporate data management, and while it may allow certain forms of data to be properly handled, it does nothing to make a permanent improvement in the data collection activities of an organization.</p><p></p><p>Data is only useful if it is valid and reliable. Unless it is not tracked, the quality of the data will decline considerably and will cease to be of benefit to the business. One of the greatest errors that businesses make is the inability to focus on how to preserve the accuracy of their records. The lack of a structured maintenance program would result in a reduction in data reliability over time. When company owners are not sure about the accuracy of their results, further measures must be taken before it can be used. This is time-consuming and contributes to an inefficient influx of information in their servers.</p><p></p><h2><strong>Components of enterprise data management</strong></h2><h3><strong>Data integration and migration</strong></h3><p>Data integration consolidates the information of an organization from a number of different outlets to one readily accessible venue. It means that everybody in the organization has access to all the necessary data and can use it anywhere they are. Software incorporation gives you a single view of all the results, so the organization doesn't have blind spots. It also increases the reliability of the data over time.</p><p></p><h3><strong>Master data management</strong></h3><p>Master data management (MDM) is a tool used to describe and control the data of an entity and to establish a common point of reference. This helps your company to reconcile scattered data from different sources and makes it workable. When properly applied, MDM increases the consistency of the data and streamlines it across all divisions. Thus, while data integration focuses on consolidation and making data accessible, MDM combines data from multiple sources and makes it usable.</p><p></p><h3><strong>Data governance</strong></h3><p>Data governance looks at the procedures and mechanisms that an organization uses to manage its records. This points out the data rules of an organization and explains how they are applied. Data management is divided into three different areas. If you want to handle the data correctly and efficiently, you would need to find the best team first. The team will be responsible for handling crucial facets of the company's records, and you need to specifically identify their positions and what is required of them.</p><p></p><h3><strong>Data security</strong></h3><p>Apparently, without data storage, no data management plan is complete. This means that the data is safe not only from malware but also from corruption. Companies are increasingly spending more money on the protection of their records. It is because businesses are more focused on apps to store their data than ever before. Data violations can not be prevented, but accidents can be greatly minimized, both in number and seriousness. One of the easiest ways to prevent security issues in the future is to track and learn from errors as they arise.</p><p></p><h2><strong>Industries that are actively deploying enterprise data management technology:</strong></h2><h3><strong>Banking, financial services, and insurance</strong></h3><p>Today's financial companies are engaged in data — product and service purchasing records, consumer details, financial transfers, advertisement strategies, and more — from numerous smartphone apps and computers. This influx of data offers important resources, but it can also pose problems if such critical data are unreliable and mishandled across various networks as a result.</p><p></p><p>Financial organizations will benefit from the overarching blueprint for the handling of modern and conventional data processing elements in a comprehensive, versatile, streamlined, and scalable manner. A model-driven methodology can ensure continuity in the data processing system in terms of policy, governance, and performance.</p><p></p><h3><strong>Retail and consumer goods</strong></h3><p>Until quite recently, consumer products (CP) companies have been fairly conservative on the use of customer and other data to guide decisions. On the one hand, the large CP companies expanded so rapidly that ambitious data-driven activities hardly seemed necessary. On the other hand, CP businesses lacked the infrastructure and – perhaps as important – the expertise to conduct large-scale data processing programs.</p><p></p><p>Growth in the sector has slowed considerably and new competitors are emerging from all quarters. Leading CP organizations now understand that the efficient use of data can accelerate innovation across a broad variety of activities, from R&D to the supply chain, to distribution and marketing. In addition, technology has evolved to the point that it is possible to integrate data from across the enterprise – essentially, to obtain a holistic view of the enterprise in order to make better decisions more quickly.</p><p></p><h3><strong>Healthcare and life sciences</strong></h3><p>Healthcare is expected to provide the most complex data processing problems in any sector. There are a variety of data points available to capture: conditions, medical records, diagnostics, treatments, and more, through particular cases, and potentially millions of common ideas and principles on how the treatment was provided, billed, and paid for. Unfortunately, the accuracy of such data is often exceedingly low for several human and clinical reasons, along with the additional difficulties raised by various healthcare device providers collecting data in different formats.</p><p></p><p>Both healthcare providers and payers have worked to fully implement best-practice data regulation, but they are hindered by a range of processes, technology, service provision, and other silos. Too much work has been made to find out how to deliver services with siloed electronic systems, it has become difficult to handle decentralized manual development processes in a centralized healthcare network. In comparison, early efforts at regulation of health records were unsuccessful, overly hierarchical, and heavy-handed, top-down methods.</p><p></p><h2><strong>To conclude</strong></h2><p>A well-structured enterprise data management system allows companies to put a variety of roles under one umbrella, including responsibility for setting levels of consistency, data quality, and reliability. That being said, in order to successfully interpret data, companies must instill knowledge in the discipline and develop a better understanding of the factors behind the enterprise data management strategy.</p><p></p><p><strong>Free Valuable Insights:</strong> <a href="https://www.kbvresearch.com/news/enterprise-data-management-market/">Global Enterprise Data Management Market to reach a market size of USD 133.4 billion by 2026</a></p><p></p><p>Enterprise data management will remain a distinctive industry practice for the next few decades. Market competitors will be required to compete with each other on the basis of their data processing techniques after all other competitive advantages are eliminated. The development, growth, and enormous potential of advanced data technology have now made Data Management one of the most powerful market differentiators.</p></div>How The Log Management Technology Made Its Way Into Industryhttps://globalriskcommunity.com/profiles/blogs/how-has-log-management-technology-made-its-way-into-industry2020-05-13T10:00:00.000Z2020-05-13T10:00:00.000ZKBV Researchhttps://globalriskcommunity.com/members/KBVResearch<div><p>The log management technology has made its way into understanding and addressing the needs of small and medium-sized enterprises (SMEs) as well as large enterprises. These enterprises belong to the emerging industry verticals such as banking, financial services, and insurance (BFSI), healthcare and life sciences, retail and e-commerce, etc.</p><p></p><p><a href="{{#staticFileLink}}8028318255,original{{/staticFileLink}}" target="_blank"><img src="{{#staticFileLink}}8028318255,original{{/staticFileLink}}" class="align-center" alt="8028318255?profile=original" /></a></p><p></p><p><a href="https://www.kbvresearch.com/log-management-market/">Log management technology</a> is an approach that deals with large volumes of computer-generated log messages. Log files have always been an untapped source of information ranging from daily business numbers, process reports, system data, troubleshooting records, sales transactions, and more. Due to their sheer size and number, it is easy to understand how it may be difficult for a human being to derive any meaningful information from them unless they are properly aggregated and digested.</p><p></p><h2><strong>What is log management technology?</strong></h2><p>In the world of computation, a log is a file that is created automatically any time certain events occur on your machine. Log files are typically time-stamped and can capture virtually everything that happens behind the scenes of operating systems or software applications-in short, they capture anything that the computer, network, OS, or program thinks is necessary to keep track of.</p><p></p><p>Log management is an umbrella concept that defines all activities and procedures used to generate, capture, centralize, search, transfer, preserve, archive, and dispose of large quantities of computer-generated log data. Log management applications are used to handle and maintain all logs created by devices, processes, networks, software, or users in any manner that best fits the needs of an organization or entity. Log management is a common trend not only among network administrators and SecOps but also among developers.</p><p></p><h2><strong>What are the common reasons that justify the widespread prevalence of log management technology?</strong></h2><h3><strong>System monitoring and alerts</strong></h3><p>Log management tools include customized real-time notifications that allow you to respond as soon as an issue happens, which is important in cases of security violation and interference, where an intruder will inflict more harm to the network every second. This means shifting the SIEM from reactive to strategic and scaling up the threat-hunting capability. Monitoring settings may be changed to monitor a specific event collection that is useful for monitoring and troubleshooting.</p><p></p><h3><strong>Unified storage</strong></h3><p>One of the key benefits of log management is streamlined storage. Having all logs in one location makes an audit much simpler, but the real benefit of centralized logging is to improve the system's efficiency. As this is the area where the time between when a hazard first occurs and where you take action will make a difference, keeping valuable log records together speeds up the whole cycle. Centralized logging also involves providing consistent log records, which also saves time when looking for log information from multiple sources.</p><p></p><h3><strong>Better troubleshooting</strong></h3><p>Log management gives better control of the IT infrastructure and deeper insight into the operations taking place on computers and peripherals. One of the most common uses of event logs for error analysis is network troubleshooting. Real-time alerts significantly reduce the time needed to detect and address a problem, but the real power of log management tools lies in log analysis. A vast volume of data contained in logs is open to personalized search and analysis. This makes it possible to reconstruct a history for troublesome incidents, find similarities to other incidents, and determine the cause of the issue.</p><p></p><h2><strong>Log management technology for SMEs and large enterprises</strong></h2><p>Enterprise log management systems are planned for small to large infrastructure. Log management tools are becoming more common as a mechanism for managing and diagnosing security problems, rather than being used solely as systems to show security compliance. The need for enforcement has also contributed to the widespread implementation of log management.</p><p></p><p>Due to their size, SMEs find it easier to take advantage of the streamlined process capabilities of SIEM and log management tools. Managing a large network comes with a lot of log records, so attempting to manually find only one error or problem within thousands of log files can be a hassle. Enterprise log management tools are the most useful because they can scan such data easily, and companies can spend their time addressing the problem rather than discovering it.</p><p></p><p>Advanced data processing systems allow small and medium-sized enterprises and large enterprises to track, maintain, and review logs. The rate of adoption of log management tools is high in large enterprises, primarily because large enterprises do not have budget constraints. It helps them to implement on-premise log management tools.</p><p></p><h2><strong>Industries that raise the adoption of log management solutions</strong></h2><h3><strong>Healthcare and life sciences</strong></h3><p>The Health Insurance Portability and Accountability Act of 1996 Title II (HIPAA) is the most relevant land legislation to address these concerns. Regulations have been put in place to protect online health information and patient information. Log maintenance and auditing criteria are also widely covered by HIPAA. Records of all sorts are created and registered regularly. Log files (where health data exists) must be obtained, secured, stored, and able to be audited at all times. A loss of data can end up costing a company millions of dollars.</p><p></p><h3><strong>Banking, financial services and insurance (BFSI)</strong></h3><p>Looking at logs proactively allows financial institutions to properly understand the importance of their current monitoring systems. One of the easiest ways for financial institutions to secure sensitive infrastructure is to track machine logs, which provide a gold mine of network health information.</p><p></p><p>Network devices like servers, routers, firewalls, wireless access points, and antivirus systems, all generate log data that can be archived and checked periodically for employee monitoring, as well as avoiding and identifying system errors and faults. Logs offer a means to track suspicious behavior on the part of registered users, as well as the ability to control unauthorized visitors and what they do when they get in.</p><p></p><h3><strong>Retail and e-commerce</strong></h3><p>System-wide logging infrastructure combined with log processing is an effective way to boost IT and company operational efficiency. Through reviewing case reports and network metrics to monitor the performance of IT processes and user reports to record the actions of consumers communicating with e-commerce sites, retailers may collect data and find trends that contribute to more streamlined activities, enhanced competitive advantage, and increased sales.</p><p></p><p>The explosive growth in e-commerce operations and purchases for online stores produces terabytes or more log data every day, making log management and analysis virtually impossible. The combined complexities of data volume and related computing and business operating costs have driven many companies to search at more cost-effective solutions.</p><p></p><h2><strong>Industry insights: Here’s what the giants are doing to mark their presence</strong></h2><p>In May 2019, SolarWinds launched SolarWinds Security Event Manager (SEM). It is an effective, easy, and inexpensive SIEM solution designed to help security and IT professionals improve their security status by offering improved access to cybersecurity operations.</p><p></p><p>The same year, in June, SolarWinds expanded its application performance management (APM) solution, AppOptics. This system can be combined with two other solutions: Loggly, a cloud-based log analysis application, and Papertrail, a log analytics solution. These integrations also allowed users to integrate APM techniques and technology with distributed tracking and log management.</p><p></p><p>McAfee upgraded the MVISION solution by launching the Unified Cloud Edge in February 2020. It is a technology that safeguards business data across computers, network and cloud; cloud-based Native Infrastructure Security that allows enterprises to secure the entire networks and application stack of cloud-based applications; global Managed Detection and Response (MDR) offering; and improved partner momentum.</p><p></p><h2><strong>Summing up</strong></h2><p>Log files have always been an untapped source of information ranging from daily business numbers, process reports, system data, troubleshooting records, sales transactions, and more. Due to their sheer size and number, it is easy to understand how it may be difficult for a human being to derive any meaningful information from them unless they are properly aggregated and digested.</p><p></p><p><strong>Free Valuable Insights:</strong> <a href="https://www.kbvresearch.com/news/log-management-market/">Global Log Management Market to reach a market size of USD 3.3 billion by 2025</a></p><p></p><p>Leveraging log management tools is one of the most efficient ways of centralizing all this dispersive data flow, digging into the deepest sources of information, and transforming this raw source of intelligence into clean and functional insights.</p><p> </p></div>The 10 Best Practices in Business Dashboard Designhttps://globalriskcommunity.com/profiles/blogs/the-10-best-practices-in-business-dashboard-design2020-03-19T18:46:06.000Z2020-03-19T18:46:06.000ZMark Bridgeshttps://globalriskcommunity.com/members/MarkBridges<div><p> </p><p><strong><a href="https://flevy.com/browse/flevypro/business-dashboard-design-4107">Business dashboards</a></strong> are important tools to measure key performance indicators and data pertaining to an organization or certain procedure. Just as a vehicle dashboard is powerful <a href="https://flevy.com/browse/stream/performance-management">performance management</a> tool in summarizing a performance of a multitude of processes, a business dashboard summarizes the performance or impact of a host of functions, teams, and activities; and assists in Strategic Planning and decision making.</p><p>Business dashboards simplify sharing and analysis of large data, and help users visualize complex performance data in simple yet visually aesthetic manner. Dashboards aid in simplifying complex processes into smaller more manageable information pieces for the organizational leadership to focus on everyday operations. They keep everyone on the same wavelength and prioritize display of facts based on their importance and potential impact. The information on a well-designed dashboard is clear, presentable to enhance meaning, readily accessible, and dynamic. A carefully-planned dashboard allows the leadership to identify and answer business challenges in real-time, develop plan of action based on insights, and inculcate innovation.</p><p>Proficient and capable dashboard designers and firms have taken the art of visualization of valuable indicators and insights through dashboards to the next level. They have devised specific guiding principles, dos and don’ts, and time-tested development routines to accomplish this. These guiding principles comprise 10 best practices, which can be segregated into 3 major implementation categories:</p><ol><li><h3><strong>Planning</strong></h3></li></ol><ul><li><strong>Analyze your audience</strong></li><li><strong>Contemplate display options</strong></li><li><strong>Prompt application loading time</strong></li></ul><ol start="2"><li><h3><strong>Design</strong></h3></li></ol><ul><li><strong>Exploit eye-scanning patterns</strong></li><li><strong>Restrict number of views & colors</strong></li><li><strong>Let viewers filter data</strong></li><li><strong>Ensure proper formatting </strong></li></ul><ol start="3"><li><h3><strong>Refinement</strong></h3></li></ol><ul><li><strong>Use Tooltips to reinforce story</strong></li><li><strong>Eliminate redundancy </strong></li><li><strong>Review the dashboard carefully</strong></li></ul><p><a href="https://flevy.com/browse/flevypro/business-dashboard-design-4107"><img class="aligncenter size-full wp-image-6516" src="http://flevy.com/blog/wp-content/uploads/2020/03/Business-Dashboard-Design.png" alt="" width="902" height="677" /></a></p><p>Let's discuss the first 5 best practices for now.</p><h3><strong>Analyze your audience</strong></h3><p>A careful analysis and understanding of the business dashboard’s intended audience is the first important principle to consider before commencing the development of such a dashboard. For instance, a busy salesperson in need of quickly going through indicators, whereas senior management needing a deep-down review of quarterly sales results. This gives the developers a thorough idea of what the audience wants from a dashboard, what data they will visualize utilizing this, and let them know the audience’s technical capabilities in terms of data analysis, theme, issue, and business understanding.</p><h3><strong>Contemplate display options</strong></h3><p>The second principle to follow in designing a business dashboard is to research your users’ device and display preferences beforehand. Building a dashboard with desktop display options in mind when your audience prefers to use phones to view it could be a disaster. The designers should set the size of the dashboard properly—allowing the users to view it on a range of devices, by building in automatic sizing option for the dashboard to adopt to the dimensions of the browser window.</p><h3><strong>Prompt application loading time</strong></h3><p>Your audience and viewers are busy people who hate long waits. Therefore a stunningly designed dashboard would not get the right traction if it takes too much time to load. The dashboard author should facilitate prompt dashboard loading by deciding which filters to add in the dashboard and which ones to exclude. For instance, although filtering is useful in restricting the amount of data analyzed, it effects query performance. Some filters are quite slower than others as they load all of the data for a dimension instead of just what you want to keep. Knowing the Order of Operations is also beneficial in reducing the load times.</p><h3><strong>Exploit eye-scanning patterns</strong></h3><p>The dashboard authors should have a deep sense of the main purpose of the dashboard in mind when develop such a tool. They need to be aware of individuals’ eye tracking patterns—typically when most people look at a screen or content, they start scanning the upper left hand corner of the screen first by intuition—and make the best use of the screen space to display the most important content at the right place.</p><h3><strong>Restrict number of views & colors</strong></h3><p>The designers often get over enthusiastic during their application designs and try to stuff the dashboard with multiple relevant views. This is detrimental for the bigger picture. They must include not more than 2 to 3 views per dashboard and create more dashboards in case the scope creeps beyond the 2-3 views range. It is also crucial to ensure the content to be clearly visible to the viewer and to use colors correctly to facilitate analysis instead of cramming too many colors in the visuals, which creates a graphical overload for the viewers, slacken analysis (or may even prevent users to analyze data), and even blur the graphics.</p><h3><strong>Let viewers filter data</strong></h3><p>Allowing users to filter the data is another best practice to keep in mind while designing business dashboards. This added interactivity encourages data assessment and permits the users to have their most important view act as a filter for the other views in the dashboard. This helps in conducting side-by-side analysis, promotes involvement, and retains users’ interest.</p><p>Interested in learning more about the other best practices to aid in designing a robust business dashboard and knowing the most common mistakes to avoid in this process? You can download <a href="https://flevy.com/browse/flevypro/business-dashboard-design-4107"><u>an editable PowerPoint on <strong>Business Dashboard Design</strong> here</u></a> on the <a href="https://flevy.com/browse">Flevy documents marketplace</a>.</p><h3><strong>Are you a Management Consultant?</strong></h3><p>You can download this and hundreds of other <a href="http://flevy.com/pro/library/frameworks">consulting frameworks</a> and <a href="http://flevy.com/pro/library/consulting">consulting training guides</a> from the <a href="http://flevy.com/pro/library">FlevyPro library</a>.</p><p> </p></div>What Is Geomarketing? Why Is It Crucial For E-commerce Retailers?https://globalriskcommunity.com/profiles/blogs/what-is-geomarketing-why-is-it-crucial-for-e-commerce-retailers2019-06-03T05:48:28.000Z2019-06-03T05:48:28.000ZKBV Researchhttps://globalriskcommunity.com/members/KBVResearch<div><p><a href="{{#staticFileLink}}8028292697,original{{/staticFileLink}}" target="_blank"><img src="{{#staticFileLink}}8028292697,original{{/staticFileLink}}" class="align-center" alt="8028292697?profile=original" /></a></p><p>In the past, planning a business strategy was extremely difficult and expensive weeks of study have taken a lot of time in search of information, reports, and forecasts were like the toss of a coin. But, modern technology can easily display data on a Map, generate reports and predict reliable future scenarios.</p><p>It is crucial that recurrent customer purchasing behavior trends are identified in a complex system, such as the modern economy, to estimate future expenditure patterns. The concept of geomarketing is becoming increasingly important in the business environment. It is nothing new, but a revolutionary tool in strategic decision-making because of the advances in GIS technology and a large amount of data, such as Big Data or Data Science.</p><p><strong>What is Geomarketing?</strong></p><p><a href="https://www.kbvresearch.com/geomarketing-market/">Geomarketing</a> consists of geographical information and business information being studied and carried out to develop efficient marketing plans and strategies. In determining and analyzing the behavior of customers the geomarketing study focuses on different geographical conditions and aspects. Therefore, marketing planners rely on this geographic analysis to develop marketing strategies which are effective in attracting target customers.</p><p><strong>Why do we need Geomarketing?</strong></p><p>In today's environment, not only the target public but more precise segmentation of their exact physical location are the defining factors for the development of a marketing campaign. This is vital if a successful campaign is to be carried out. This segmentation can be optimized with the help of geomarketing. Geomarketing enables those customers who have a need that is not being met or poorly addressed, or customers who are interested in a service like that offered by a company, to be located on the map.</p><p>For large enterprises as well as small and medium-sized enterprises, geomarketing provides exponential results. In all industries and places, the geolocalized definition of the target population offers businesses benefits. The results are short-term however the benefits are for the long run. Geomarketing allows access to a large volume of very relevant and easily extracted information. It enables companies to undertake market research on, inter alia, fewer resources so that they can analyze competition indirectly and comfortably from the Internet.</p><p><strong>How can Geomarketing enhance the capabilities of a business?</strong></p><ul><li><strong>Increase sales with the information obtained</strong></li></ul><p>Geomarketing offers a wide range of customer information, information on the competition and new business opportunities. The management of the company is responsible for assessing, processing and increasing sales. Information is power, as can be said, and geomarketing is information.</p><ul><li><strong>Know your customers in-depth</strong></li></ul><p>Knowing who your customers are in a business is essential, as this will influence your sales, placement or communication with the products you sell. With geomarketing, you can create very complete client profiles: who they are, where they live, how they travel to your business to buy habits. Companies can also discover patterns of behavior based on certain criteria, which help them to offer exactly what is needed.</p><ul><li><strong>Optimization of the commercial network</strong></li></ul><p>If several establishments are opened in different geographical areas, geomarketing provides a series of information and data about their economic performance and market share. It is important to evaluate which actions are needed to be taken. For example, whether there is a need to close a shop or modify a marketing strategy in order to make the potential customers turn into real customers.</p><p><strong>Click Here For Free Insights:</strong> <a href="https://www.kbvresearch.com/news/geomarketing-market/">https://www.kbvresearch.com/news/geomarketing-market/</a></p><p><strong>Geomarketing through various technologies:</strong></p><ul><li><strong>Bluetooth</strong></li></ul><p>Companies can connect to their customers' smartphones using portals. Although the technology calls for specific mobile applications and user consent, it is an impressive way of bringing content to customers without an Internet connection.</p><ul><li><strong>Global Positioning System</strong></li></ul><p>GPS or Global Positioning Systems is a satellite-based satellite network navigation system. Despite being a highly efficient mode technology for geomarketing, GPS signals can be partially blocked by things such as high buildings in urban areas, changes in the atmosphere, and electronic interference due to their reliance on satellites. This delays and can interrupt a marketer's experience with its clients.</p><ul><li><strong>Wi-Fi</strong></li></ul><p>It is also possible to use Wi-Fi access points as transmitters. If the user enters the Wi-Fi area of a mobile app or leaves it, location actions can also be activated. In addition, locating data is critical to boosting the efforts put in by hotels and resorts. Companies can use location information to identify similar profiles and detect guests who are on a business trip, recreation or local trips to provide them with enhanced services and personalized experiences during their stay.</p><p><strong>What’s trending?</strong></p><p>Today geomarketing is the most powerful method of marketing to promote or sell a product or service. Companies bring their visitors closer to becoming the leader, customer or user of customer services by using words, images or any other geo-based content. A plethora of GIS analysis reveals hidden insights into the data once customers are placed on a map to give a comprehensive picture of the market. Companies can basically geolocate customer behavior and analyze it. Understanding an area's potential brings them a step further in developing faster and better, seamless plans to transform the business model into multi-channel marketing. The global Geomarketing Market is estimated to emerge at a CAGR of 28.4% in the near future.</p></div>Network Management System: Improve Network Performancehttps://globalriskcommunity.com/profiles/blogs/network-management-system-improve-network-performance2019-05-01T11:32:22.000Z2019-05-01T11:32:22.000ZKBV Researchhttps://globalriskcommunity.com/members/KBVResearch<div><p><strong>All about Network Management Systems</strong></p><p><a href="https://www.kbvresearch.com/network-management-system-market/">Network Management System (NMS)</a> are an application or set of applications which allows network engineers to manage the independent components of the network within a broader network management framework. A network device (wireless as well as wired) is identified, configured, monitored, updated and troubleshooting in a company's network. A system control application shows the performance data from each network component, which can be changed as needed by network engineers. It includes hardware and software, but usually an NMS is used to manage a network with a software.</p><p><a href="{{#staticFileLink}}8028287695,original{{/staticFileLink}}" target="_blank"><img src="{{#staticFileLink}}8028287695,original{{/staticFileLink}}" class="align-center" alt="8028287695?profile=original" /></a></p><p><strong>Why do networks need management systems?</strong></p><p>If management system is fragmented, network management in large provider-grade environments can be a difficult business. Ops Managers and engineers need to handle consistent IT services including monitoring, optimization, security and expansion of customer-free networking environments effectively and efficiently. But networks are growing and also increasingly difficult to manage. There is a need for integrated network management systems that simplify the tasks of running a large-scale operation without adding overhead.</p><p>In order to ensure that systems provide services optimally around the clock, service providers need end-to-end visibility in multi-provider networks. The integrated system management solutions go as far as systems require. Numerous NMS offers are excellent in one aspect of network management but are limited in other aspects. It's hard to find a management solution that does it all, leading to IT departments investing in widely disparate and over-complex systems that sooner or later become white elephants.</p><p></p><p><strong>Network Management Systems for SMEs and Large Enterprises</strong></p><p>Due to limited technical know-how and staff, small companies have different network management needs and expectations. They want low cost, easy to install and use tools and rich features. The management requirements are generally small with small companies and home networks. Some instances may, however, require a certain amount of setup and notification.</p><p>Network management's ultimate objective is to reduce risk, eliminate downtimes, reduce variability and actively support business expansion. The number of businesses carried out that do not rely on networks that are available is small and declining. An important asset that protects the company against slowdowns and disastrous failures that would have a major impact in business is considered as a good network management system.</p><p></p><p><strong><em>Click Here For Free Insights:</em></strong> <a href="https://www.kbvresearch.com/news/network-management-system-market/">https://www.kbvresearch.com/news/network-management-system-market/</a></p><p></p><p><strong>Network Management Systems Solutions</strong></p><p><strong>Performance Management</strong></p><p>Performance management aims to assess and report the behavior and effectiveness of the network objects managed. A network monitoring system can measure and display the network condition, for example collecting traffic volume statistical information, network availability, response times and performance.</p><p></p><p><strong>Fault Management</strong></p><p>Fault management involves detecting, isolating and revising abnormal operations which can cause the OSI network to fail. The main objective of fault management is to always make the Network available and to fix it as quickly as possible when a malfunction occurs. Faults must be separate from mistakes. In general, an error is only one event, while a fault requires management attention and is an abnormal condition. For example, the physical line cut is a fault, whereas a single bit error on a line is an error.</p><p></p><p><strong>Security Management</strong></p><p>Security Management prevents unauthorized access and security attacks by networks and systems. Authentication, encryption and authorization are included in security management mechanisms. Security management also involves generating, distributing and storing encryption keys and other security information. The management of security may include security systems including firewalls and intrusion detection systems that provide real-time event logs and monitoring.</p><p></p><p><strong>Network Management Systems for industry verticals</strong></p><p><strong>Healthcare</strong></p><p>Medical providers continue to struggle to reduce patient costs, to offer higher quality services, to make patient connectivity more accessible, etc. The medical sector is now looking closely at IT solutions to address these problems. A network of healthcare providers involves all the doctors, physicians, hospitals, clinics, pharmacies etc. that have been contracted to extend medical attention and care to their members within a specific plan. In this plan, healthcare providers are referred to as network providers. Healthcare and medical service providers who are not a part of any specific plan are referred to as “out of network providers”.</p><p></p><p><strong>Manufacturing</strong></p><p>Industrial production steps across the walls of the individual companies, so that new management approaches are required to coordinate the work of the various manufacturing companies. To balance out the production and maximize the profit of a group of SMEs based on the holonic paradigm, a new manufacturing networks model is proposed.</p><p>The network is conceptualized as a set of equal rights operational nodes, coordinated by a central unit that communicates with customers, distributes tasks to nodes on the basis of prefixed criteria and up-to-date node state and reliability information, and informs each node about their position in the network with respect to the manufacturing process.</p><p></p><p><strong>The Bottom Line</strong></p><p>There is an increased need for a secure and agile infrastructure to work effectively in a sophisticated business environment to boost demand over the prediction period for these solutions and services. NMS solution distributors are also expected to experience significant prospects over the forecast period, since small & medium-sized enterprises continue to implement wireless and wired LAN infrastructure across cloud-based solutions, reduce global infrastructure costs and facilitate data access. In addition, they are expected to be able to achieve greater efficiency. The bottom line is that the worldwide market for <a href="https://www.kbvresearch.com/network-management-system-market/">Network Management Systems</a> is being estimated to grow at a CAGR of 10.2% in the years to come.</p></div>Are You Familiar with Approaches Critical for Effective Communication with Virtual Teams?https://globalriskcommunity.com/profiles/blogs/are-you-familiar-with-approaches-critical-for-effective2019-02-21T10:24:50.000Z2019-02-21T10:24:50.000ZMark Bridgeshttps://globalriskcommunity.com/members/MarkBridges<div><p><img src="https://media.licdn.com/media/gcrc/dms/image/C4E12AQFbeh5s1bam_A/article-cover_image-shrink_720_1280/0?e=1556150400&v=beta&t=dQXdSMvLVRLzaOMbhsyppIeCpNhnWjePexq8s8HDjFY" alt="0?e=1556150400&v=beta&t=dQXdSMvLVRLzaOMbhsyppIeCpNhnWjePexq8s8HDjFY" /></p><p>The number of people working remotely has been increasing progressively across the globe. An employee benefits report narrates that around 60% companies in the US offer telecommuting opportunities. Telecommuting not only benefits people but also presents several advantages for organizations. Research has attributed an increase in savings of around $2000 per employee each year on real estate costs, enhanced productivity, and lower attrition rates to telecommuting. Employees have been found to focus better on work and take less days off while operating remotely.</p><p>Building effective teams is difficult, but it can even be more so when these teams are remotely managed. For managers and leaders who constantly deal with virtual teams, it is communication that is one of their biggest concerns, in the absence of face-to-face settings. Some of their other concerns include ensuring all team members are connected and striving towards the same organizational goal, recording accurate hours, assigning appropriate tasks, trust, and teamwork. Therefore, having a Communications Strategy and structure approach becomes critical.</p><p>Addressing these challenges and properly managing a virtual team requires the managers to establish clear goals, conduct frequent team meetings, leverage team members’ strengths, and communicate clearly. However, most leaders believe that the increasing sophistication and proliferation of collaborative technologies enable better virtual communication. On the other hand, studies on globally scattered teams relate performance not with technologies but with effective utilization of these technologies.</p><p>Research has revealed 5 best practices to enable <a href="https://flevy.com/browse/flevypro/effective-communication-with-virtual-teams-3701" target="_blank">effective communication between virtual teams</a>. The teams that embraced these communication approaches were found to produce quality deliverables, complete tasks timely, collaborate productively, and meet or exceed their targets:</p><ol><li><strong>Select Fitting Technology</strong></li><li><strong>Be Clear</strong></li><li><strong>Stay in Sync</strong></li><li><strong>Be Responsive</strong></li><li><strong>Be Inclusive</strong></li></ol><div class="slate-resizable-image-embed slate-image-embed__resize-full-width"><a href="http://flevy.com/browse/flevypro/effective-communication-with-virtual-teams-3701" target="_blank"><img src="https://media.licdn.com/dms/image/C4E12AQHiihcCqyR_gQ/article-inline_image-shrink_1000_1488/0?e=1556150400&v=beta&t=ELZh-q1XsSjUynETa62fiLZ3DyNDFDtEUHQQc3uhzPk" alt="0?e=1556150400&v=beta&t=ELZh-q1XsSjUynETa62fiLZ3DyNDFDtEUHQQc3uhzPk" /></a></div><p>Now, let’s take a deeper look at the first 3 approaches to facilitate effective communication with virtual teams.</p><h3><strong>Select Fitting Technology</strong></h3><p>To enable proper interaction between virtual teams, leaders need to develop communication protocols and choose appropriate communication technologies. A variety of communication tools are available to teams—e.g., email, chat platforms, web conferencing, and videoconferencing—yet most people prefer those that they are proficient in instead of other better-suited options, which causes problems.</p><p>The selection of technology should complement the purpose of communication. Text-based media—e.g., email or chat—should be used to convey routine information, ideas, and to gather simple data. For more complex tasks—including problem solving, negotiations, or to settle arguable interpersonal matters—richer media tools such as web conferencing and videoconferencing should be preferred. Team managers need to arrange proper training of their people to ensure all the team members can use the tools to their best.</p><h3><strong>Be Clear</strong></h3><p>A major portion of communication around the globe is text-based. While using email communication, the intentions of the sender are often misunderstood by the recipient, causing assumptions, biases, and disputes that are not destructive for team performance. The reasons for this misinterpretation can be attributed to unintentional negative tone by the sender, absence of nonverbal cues, and difference in perceptions of the sender and recipient.</p><p>To avoid misinterpretation, biases, and disputes, virtual teams should try and outline their intentions as clearly as possible in the message, ensure appropriateness of the message tone, use emojis to convey emotions, and emphasize the important information.</p><h3><strong>Stay in Sync</strong></h3><p>Virtual teams are more likely to lose track of each other and become out of sync due to a number of reasons. This could be due to the absence of in-person meetings, the inability to tell if the messages have been received and read, unintentional exclusion of certain team members from an email, and the inability to keep the virtual coworkers constantly informed of all in-office events.</p><p>Globally dispersed teams can overcome these challenges and effectively in sync with each other by maintaining consistent flow of information to all teammates, avoiding silence, acknowledging the receipt of important messages, clarifying others’ intentions, maintaining a favorable opinion about others, and keeping negativity at bay.</p><p>Interested in learning more about the 5 best practices to effective communication with virtual teams? You can download <a href="https://flevy.com/browse/flevypro/effective-communication-with-virtual-teams-3701" target="_blank"><u>an editable PowerPoint on </u><strong><u>Effective Communication with Virtual Teams</u></strong><u> here</u></a> on the <a href="https://flevy.com/browse" target="_blank">Flevy documents marketplace</a>.</p><h3><strong>Are you a Management Consultant?</strong></h3><p>You can download this and hundreds of other <a href="http://flevy.com/pro/library/frameworks" target="_blank">consulting frameworks</a> and <a href="http://flevy.com/pro/library/consulting" target="_blank">consulting training guides</a> from the <a href="http://flevy.com/pro/library" target="_blank">FlevyPro library</a>.</p></div>You Have a Great Idea and Nobody Careshttps://globalriskcommunity.com/profiles/blogs/you-have-a-great-idea-and-nobody-cares2016-02-23T01:12:13.000Z2016-02-23T01:12:13.000ZEnrique Raul Suarezhttps://globalriskcommunity.com/members/EnriqueRaulSuarez<div><p></p><h2><strong><span><a href="{{#staticFileLink}}8028243872,original{{/staticFileLink}}"><img class="align-center" src="{{#staticFileLink}}8028243872,original{{/staticFileLink}}" width="224" alt="8028243872?profile=original" /></a></span></strong></h2><h2 style="text-align:center;"><strong><span>Harvard i-lab | You Have a Great Idea and Nobody Cares</span></strong></h2><p class="center"> </p><p style="text-align:center;" class="center">Published on Jul 1, 2014</p><p style="text-align:center;" class="center"></p><p>You have a great idea and nobody cares: How to figure out who cares and how to get them to buy from you.<br /><br />Join Richard Banfield for this workshop, which will give you the essential tools to identify who your customers are and what the various touch points will be along their journey with your product or service. These tools are the same tools used by leading design-driven companies like Apple, Google and Dyson to develop a remarkable and rewarding experience for their customers.<br /><br />From this workshop, you'll learn tools that are both lean and useful for:</p><p><br />- Identifying who your customer is</p><p><br />- Defining the experience that will get them to buy (or use) your product</p><p></p><p>You can watch the video in the link below:</p><p></p><p><a href="https://www.youtube.com/watch?v=x_oYcUrojhg" target="_blank">Harvard i-Lab Video</a></p><p></p><p></p></div>Traditional risk management doesn't workhttps://globalriskcommunity.com/profiles/blogs/traditional-risk-management-doesn-t-work2016-02-09T12:30:00.000Z2016-02-09T12:30:00.000ZCalvin Leehttps://globalriskcommunity.com/members/CalvinLee<div><p style="text-align:justify;"><a href="{{#staticFileLink}}8028242259,original{{/staticFileLink}}"><img width="750" class="align-center" src="{{#staticFileLink}}8028242259,original{{/staticFileLink}}" alt="8028242259?profile=original" /></a>Current research suggests that traditional risk management practices involving risk registers and software packages like Microsoft Excel might not be very effective anymore. Events over the recent years, e.g. 9/11, the financial crisis, or the nuclear disaster in Japan, have shown us that current risk management tools are insufficient to cope with (future) undesirable events.</p><p style="text-align:justify;">Effective risk management is mainly about people and communication. Hence, we may need a more “human” approach to managing risks which focuses on raising risk awareness in organisations and engaging the key parties in analyzing and managing risk. We could call this Collaborative Risk Management.</p><p style="text-align:justify;">Read about how Collaborative Risk Management has worked in practice in this <a href="https://mediaexplorers.leadpages.co/riskid-white-paper/">article</a>.</p><p style="text-align:justify;"><iframe width="854" height="480" src="https://www.youtube.com/embed/9c0kiv-F1o0?wmode=opaque" frameborder="0"></iframe></p></div>How The Full-Grown Quality Company Delivers Superior Performance And Customer Bonding: Second Parthttps://globalriskcommunity.com/profiles/blogs/how-the-full-grown-quality-company-delivers-superior-performanc-12014-12-13T01:00:09.000Z2014-12-13T01:00:09.000ZEnrique Raul Suarezhttps://globalriskcommunity.com/members/EnriqueRaulSuarez<div><p></p><p><span style="font-family:arial, helvetica, sans-serif;">A full-grown organization is customer-driven. Because it is customer driven, it is organized to discharge the processes that meet customer requirements. Processes that meet customer requirements are at the organization's core; the organization is organized around them. This is possible because:</span></p><ul><li><span style="font-family:arial, helvetica, sans-serif;">Customer unique requirements are understood, including setting up the price that the customer can afford, quality assurance, and timely delivery of products and services;</span></li><li><span style="font-family:arial, helvetica, sans-serif;">Processes have owners, and they have teams;</span></li><li><span style="font-family:arial, helvetica, sans-serif;">Processes serve customer requirements and these requirements vary from customer to customer;</span></li><li><span style="font-family:arial, helvetica, sans-serif;">Processes are defined, mapped, measured; and</span></li><li><span style="font-family:arial, helvetica, sans-serif;">There are plans to improve the processes using a scientific approach such as the Plan-Do-Check-Act (PDCA) Cycle and other means</span></li></ul><p><span style="font-family:arial, helvetica, sans-serif;">The process oriented thinking in the full-grown organization is mandated not only by circumstance and reality but by thinking about the future strategic positioning of the enterprise: "What are our processes for understanding the customer, for communicating the customer's requirements throughout the organization, for determining key total value propositions and measures, for tracking them, for planning, for inclusion, for managing processes, for everything key to our survival and our vitality? How do we do it? Why do we do it? Can we afford them?"</span></p><p><span style="font-family:arial, helvetica, sans-serif;"><br />In the full-grown organization the basics of continuous improvement remain steady regardless of issue, regardless of participants. Service emanates from the intertwined activity of the company’s value chain and its value system of distributors or retailers and buyer’s value chains. The personal quality of treating everyone with respect stretches without strain from top executives to lower levels of management. It includes partnerships with customers, suppliers, distributors and complementors. The treatment of, and the relationship with suppliers is on par with that of employees and customers; none of whom are commodities or second-class citizens. Suppliers, distributors and complementors are integral and important parts of the systems managed. And because they are, and because they must be as committed to quality of products and services as the full-grown organization if they are to be integral to it, in their essence they are indistinguishable from the organization served.</span></p><p><span style="font-family:arial, helvetica, sans-serif;">In the full-grown organization actions are based on reliable data, information, and analysis. Data and information come from all segments of the organization, customers, suppliers, distributors and complementors as one would anticipate. They come also from competitors and from the world beyond the business surroundings.</span></p><p><span style="font-family:arial, helvetica, sans-serif;"><br />In the full-grown organization being “lean” is not an objective; being competitive is the objective. Management knows that you don’t become competitive by being lean; competitiveness is a consequence of being a quality company. It does no good to be efficient at building the wrong product. Lean doesn’t help if your methods of dealing with customers make them angry. Lean comes from quality management and managers in the full-grown organization know it’s the only route.</span></p><p><span style="font-family:arial, helvetica, sans-serif;"><br />In the full-grown organization, measurement is essential to management, but typically, most methods compare an average, maximum or minimum value to a target or past figure (e.g., this month, last month, same month last year). Looking at measurements with respect to their variability can derive far more insight. This is because the effectiveness of process interaction is determined by their variability. Understanding variation is thus critical to improve system throughput (productivity) in a full-grown organization. Shewhart’s principles of SPC (statistical process control) are therefore not only still valid, they are central to quality leadership management, which focuses on the optimization of systems. In addition, in the full-grown organization just doing well in the future is not enough. We must constantly ask ourselves “What business are we in?” if we are to survive. In a full-grown-organization there is no substitute for knowledge.</span></p><p><span style="font-family:arial, helvetica, sans-serif;">Full-grown organizations also understand that by focusing on the goal rather than the method for achieving customer bonding and quality, senior executives might be tempted to rate people or departments on whether goals were being achieved, thereby fostering destructive competitions. Full-grown organizations, therefore, believe that benchmarking results can lead to results-oriented goals and ill-informed copying. They also believe that unless you know why something works better, merely knowing that it works is of limited value (an example teaches nothing unless studied with the aid of theory). Otherwise, people merely copycat and they inevitably get into trouble because they did not understand why something was good or bad. For this reason, full-grown organizations know that if they want to study something, they study the customer first for they are all different even though some groups of customers share common characteristics. In other words, a full-grown organization must always be focused on the customer (bonding) but use peripheral vision to be aware of the competition but without imitating them.</span></p><p><span style="font-family:arial, helvetica, sans-serif;"><br />Likewise, senior managers in full-grown organizations perform the following tasks they know they cannot delegate:</span></p><ul><li><span style="font-family:arial, helvetica, sans-serif;">Take charge of the quality journey and the proper customer segmentation leading to customer bonding.</span></li><li><span style="font-family:arial, helvetica, sans-serif;">Form and be an active member of a quality council.</span></li><li><span style="font-family:arial, helvetica, sans-serif;">Take an instrumental role in the drafting of the vision and the quality policy.</span></li><li><span style="font-family:arial, helvetica, sans-serif;">Assemble and push relentlessly for quality goals.</span></li><li><span style="font-family:arial, helvetica, sans-serif;">Actively deploy those goals with the rest of the work force.</span></li><li><span style="font-family:arial, helvetica, sans-serif;">Provide resources for the quality journey.</span></li><li><span style="font-family:arial, helvetica, sans-serif;">Launch quality improvement initiatives in upper level management processes.</span></li><li><span style="font-family:arial, helvetica, sans-serif;">Review organizational performance against the established quality goals.</span></li><li><span style="font-family:arial, helvetica, sans-serif;">Change the reward and recognition system so that quality is recognized and rewarded and anti-quality performance is not.</span></li><li><span style="font-family:arial, helvetica, sans-serif;">Lead the change effort so that people in the workforce do not feel threatened.</span></li><li><span style="font-family:arial, helvetica, sans-serif;">Actively avoid a situation in which downturns lead to layoffs.</span></li></ul><p>Last but not least, the full-grown organization knows that working on “visible processes which produce figures" will produce only 3% of the potential improvement. The other 97% is just waiting for the enterprising manager to grasp. This suggests the following comparison of management systems.</p><p style="text-align:center;"><br /><-Old Style-></p><p style="text-align:center;"><span style="font-family:arial, helvetica, sans-serif;"><------ Quality Management Practices ------><br /><------------------- New Management Philosophy -----------------><br />Reduce: Cost Chaos Complexity Conflict<br />Increase: Compliance Craftsmanship Confidence Creativity<br />Work on: Results Processes Administration Strategy (customers)<br />Aim: Efficiency Improvement Effectiveness Innovation<br />Motivation: Incentives Pride in Work Cooperativeness Fulfillment<br />Managers: Control Support Enable Lead<br />Knowledge: Technical "7 Tools" New Principles Profound Knowledge<br />Benefit: Immediate Short term Medium Term Long term</span></p><p style="text-align:left;"><span style="font-family:arial, helvetica, sans-serif;"><span style="font-family:arial, helvetica, sans-serif;">Why is it so important to concentrate on the right hand columns? Full-grown organizations believe that one major reason is that influence spreads far more easily across the table from that direction than the other. Cutting costs does nothing but save money: and often causes hidden losses elsewhere. The same effort put into removing causes of conflict produces benefits which spread across the table, and the effect grows as it spreads. So the last columns give the points of maximum leverage, and the key to effective management. But another reason is that these columns provide the foundation on which the rest is built. Without them we sink into the sand.</span></span></p><p style="text-align:left;"><span style="font-family:arial, helvetica, sans-serif;"><span style="font-family:arial, helvetica, sans-serif;"><br />The full-grown organization assesses the entire business system with sound guiding principles (theory) for without theory there is no observation; there is no experience. The Delta Model: Putting Customer Before Products developed at M.I.T. and the Baldrige criteria are in this regard important tools. The assessment process in the full-grown organization has been undertaken many times, and it will be again. The full-grown organization understands the process creates and hones systems thinking: the assessment criteria are metabolized and applied routinely; consideration is more critical; questions are better; causes (not fixes) are sought and identified, and improvement is made more natural. The assessment process improves personal quality, customer bonding and offer higher profitability.</span></span></p><p></p><p></p></div>