While all of the actions, planning, strategy, and work that companies have undertaken to manage regulatory changes are crucial, it is critical to recall where it all began. A firm can only take the appropriate action and make the appropriate decision if it has the appropriate attitude. Businesses that truly want to thrive will need to modify more than a few action items in their plans and components of their strategy - they will need to look at the broad picture and ensure that all decision make
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Most businesses can thrive quite well as long as the economy and environment remain healthy. We only learn about corporations that use excessive leverage or take on excessive risks during a financial crisis. The 2008 financial crisis was one such incident; many enterprises that had taken on excessive risk when times were good ended up collapsing. The current pandemic is another example of a comparable crisis that has highlighted many companies' worst weaknesses.
Numerous firms recognized that t
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Digital Transformation in Manufacturing, or Digital Manufacturing for short, is a matter of survival now for manufacturing concerns. Manufacturing companies desirous of survival have no choice but to hop on the Digital Transformation bandwagon, rapidly.
Business Transformation of any kind is not an easy endeavor. Change Management of Digital Manufacturing is typically more difficult than any Change or Transformation Program that an organization may undertake.
Forming a strategy to leverage digit
Rising technological advancements and security concerns to drive the growth of global video analytics market
According to TechSci Research report, “Global Video Analytics Market By Component (Software, Service (Managed, Professional)), By Deployment Mode (On-premise, cloud), By Processing Mode (Central, Edge, Hybrid), By Organization Size (SME, Large Enterprise), By Application (Incident Detection, Intrusion Detection, People/Crowd Counting, Traffic Monitoring, Facial Recognition, License Plate R
A new form of investment, the Alternative Investment Fund (AIF) is an investment vehicle that does not fit into any of the categories in the recent regulations on AIFs. This article introduces you to what an AIF is and how it works, also offering legal guidance on how to register your own AIF.
When do I need to register an Alternative Investment Fund?
An Alternative Investment Fund is a type of investment that falls outside the traditional and conventional scope of an investment portfolio. There
Problems arise in the business world. And it's comforting to know that many of them are avoidable with the right tools. This is where process behaviour charts come into play. They are used in a wide range of industries, particularly manufacturing, to determine whether a process is stable and under control.
Using a data-driven approach, these charts visually monitor the performance of a process. When used correctly, they can provide you with the ability to prevent problems from occurring in real
You will almost certainly be required to solve problems using a unique skill set and methodology as part of a current project or task. When things get tough, you might want to demonstrate to your boss the complex challenge that your job may present. Effective problem-solving skills shine in this environment, making it one of the most sought-after skills among employers.
A problem statement, in general, outlines the current situation's negative aspects and explains why they are important. It's a
Business and technology elements are aligned by means of Enterprise Architecture (EA) so as to attain strategic results, augment organizational performance, and drive departments to deliver their central missions more efficaciously.
Federal Enterprise Architecture Framework (FEAF) achieves this for any U.S. federal agency and assists systems go beyond interagency boundaries.
We discuss here 1 of the 6 interconnected reference models of the Federal Enterprise Architecture Framework—the Infrastructu
With significant advancements in machine learning technology and big data, virtual models have become a staple in modern engineering to drive innovation and enhance performance. Optimizing IoT, Artificial Intelligence, and data analytics, the virtual replicas of physical devices are created by data scientists and IT personnel before building and deploying actual devices to help predict their future with advanced analytical, monitoring, and predictive capabilities, test processes and services. Th
Increasing efforts to reduce the downtime and other operational costs and the growing competition among market players is expected to drive the demand for global predictive analytics and maintenance in supply chain market in forecast period.
According to TechSci Research report, “Global Predictive Analytics And Maintenance In Supply Chain Market By Component (Solutions, Services (Managed Services, Professional Services)) By Deployment (On-Premises, Cloud) By Application (Inventory Management, Pre
Organisers of Open Banking Expo Canada return on Thursday September 28 th with its quarterly meetup to discuss the recommendations published in the final report from the Government of
Canada's Advisory Committee on Open Banking. This is the second free-to-attend quarterly meetup for the Open Banking community in Canada. The first meetup attracted more than 200 registrations from executives across the financial services and fintech space in June 2020.
The latest Government report will be the key th
Digital Transformation in Manufacturing or “Digital Manufacturing” for short is not an optional decision for companies anymore. Manufacturing concerns that want to survive have to jump on the Digital Transformation bandwagon hastily. Digital Manufacturing has become a prerequisite for a profitable existence even for mere survival of a manufacturing concern.
Business Transformation of any kind is difficult—more so when it is a Digital Transformation in Manufacturing. In fact, Change Management
No, not yours, your organisation’s!
When I engage with senior leaders on their appetite for risk, I talk about embedding it in the DNA of the organisation. Why? Because it is critical for organisational agility.
Decision support tools, like risk assessments, help people make better decisions. However, the key to organisational agility is faster decision making. When a decision maker understands the risk associated with a decision, and they are clear on the organisation’s appetite for risk, they ca
Rise in the disposable income and the improvement in the economic conditions is expected to drive the demand for Egypt IoT market in the forecast period.
According to TechSci Research report, “Egypt IoT Market By Component (Hardware, Service, Software), By Type (B2B, B2C, B2G), By Application (Smart Manufacturing, Consumer Electronics, Building & Home Automation, Smart Mobility & Transportation, Connected Logistics, Others), By Region, Competition Forecast & Opportunities, 2026”, the Egypt IoT ma
Increasing penetration of wireless technology and rising old age population is expected to drive the demand for global mHealth market in forecast period.
According to TechSci Research report, “mHealth Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026 Segmented By Connected Devices (BP & Glucose Monitors, Heart Rate Monitors, Pulse Oximeters, Foetal Monitoring Devices, Sleep Apnea Monitors, Others), By mHealth App (Medical Apps, Fitness Apps), By Medical Apps (Wome
Governance plays a significant role in determining how business objectives are set and achieved, how risk is monitored and addressed, and how performance is optimised. So, it would only seem right that no executive leaders would ever overlook this cornerstone of structure, decision making, control, and accountability.
But you’d be surprised. Rather than implementing an integrated governance, risk, and compliance (GRC) framework, governance is often side-lined by executives who want to skip straig
Increasing demand for surface chilling process of food industry and growing aerospace industry is expected to drive the demand for global cryogenic fuels market in forecast period.
According to TechSci Research report, “Cryogenic Fuels Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026 Segmented By Type (Liquid Nitrogen, Liquid Air, Liquid Helium, Liquid Neon, Liquid Hydrogen, and Liquefied Natural Gas), By End Use Industry (Energy, Manufacturing, Aerospace, Health
With most Transformation initiatives people gradually revert back to their old habits of doing things. Sustainable Change Management necessitates 4 key processes:
- Chartering—defining the scope, rationale, and team for the change initiative.
- Learning—testing and refining ideas before a full-blown execution of the initiative.
- Mobilizing—using symbols and metaphors to engage people and gain their buy-in for the change program.
- Realigning—redefining the roles and responsibilities and managing performan
