By: Ignacio Ramonet
teleSUR
“(…) although the digital revolution has allowed an indisputable democratization of communication – a goal that seemed absolutely unthinkable – this democratization now leads to an uncontrolled and disorderly proliferation of messages, as well as to the deafening noise created above all by social networks”.
The modern Internet, the Web, was invented in 1989, thirty-two years ago. In other words, we are living the first minutes of a phenomenon that is here to s
Vaccine credentials are in the works in some places, but the technical and ethical complexities create big hurdles for developers and lawmakers.
The Best Hedge Fund Performance in History; Now Clients Can’t Get Access to their Money
Wall Street on Parade
A Citizen Guide to Wall Street
By Pam Martens: June 1, 2021, ~
If something sounds too good to be true, you can bet your discolored Bernie Madoff account statements that it will inevitably end badly.
Quietly, at the start of a three-day weekend, Bloomberg News published this titillating news item about the hedge fund Renaissanc
A traditional Value Chain involves a linear sequence of activities—from conversion of raw materials into components which are assembled into products. The products are then distributed, marketed, sold, and serviced. Management plans and execute strategies and operations based on this sequence.
This set of activities worked well for organizations in the past. However, this linear progression does not encourage Innovation and provides little protection from the risk of being outperformed by riva
Six Sigma has been around for a long time. And, with many organizations claiming financial gains as a result of its implementation, its impact can be far-reaching. General Electric and Xerox, to name a few, have implemented Six Sigma methodologies in their business processes and seen an increase in ROI.
Six Sigma gained a strong base across every industry sector in recent years, and its ubiquity and uniquity have increased across all functional areas within those adopting organisations as a conti
Reading the signals indicating your organisation is on-track or off-track (see Reading the tea leaves, Heading them off at the pass, KRISS or KISS) needs to be considered across three time horizons, in order to make your KPIs and KRIs “timely”.
My colleague Dr Andrew Pratley introduced me to the Three Horizons of Growth concept introduced by Mehrdad Baghai, Lar Bradshaw, Stephen Coley and David White in their 1999 paper in the Journal of Business Strategy[1].
Their thesis was that in order to sust
Are you preparing to become a Six Sigma expert in 2021? You're on the right track in your career. As the record shows, obtaining a Six Sigma certification and becoming an expert in its methodologies will demonstrate your commitment to improving business processes, data insights, and analytical skills. Six Sigma principles are applied in a wide variety of industries and socioeconomic sectors.
Six Sigma Certification
Six Sigma is a collection of tools and techniques that can be used to help a compan
Plasma fractionation refers to a process that extracts secrets and purifies the proteins from the human plasma. Plasma is a component of blood, which is considered a source of various proteins. Plasma fractionation helps in making products from secreted and purified plasma for various therapies and medication procedures.
The proteins present in the plasma are divided into immunoglobulins, albumins and clotting factors. These 3 components help in various medical procedures and therapies. The plasm
This is a transcription of our interview with Dzeneta Schitton, co-founder at D-Darks. You can watch the original interview here or tune in to the podcast episode here, iTunes, Spotify and other podcast apps be seacrhing "Risk Management Show"
Boris: Welcome to our Interview with Dzeneta Schitton. She is a co-founder at D-Darks, which is a risk tech company introducing data driven risk management approach to real estate and financial risk industries.
The company is based in Austria and is add
House Hearing: Only Jamie Dimon’s Microphone Mysteriously Malfunctions During Pivotal Questioning
By Pam Martens and Russ Martens: May 28, 2021, ~
Wall Street on Parade
A Citizen Guide to Wall Street
Jamie Dimon Being Sworn In at House Financial Services Committee Hearing, May 27, 2021
CEOs from the six largest banks on Wall Street testified under oath yesterday before the House Financial Services Committee. But only one CEO, Jamie Dimon, had an ear-piercing electronic sound emanate from his microp
How do people make decisions? Do they always follow a rational linear process to come to a conclusion?
Studies have suggested that the traditional Decision Making model—commonly known as the Rational Decision Making Model—does not explain the whole ambit of Decision Making.
People, including managers of organizations, arrive at decisions using a variety of routes. Experts suggest that there are at least 3 Decision Making Models that work in consonance to make the best decisions. The 3 Decision
In this week's blog post, we're sharing insights on data assessment from Joseph Schorr, Vice President Of Strategic Alliances at LogicGate which is a leading provider of cloud software solutions for automating governance, risk, and compliance processes. Joseph is also an advisor to Dreamit Ventures, a Growth program and venture fund focused on pre-Series A healthtech, securetech, and urbantech startups. Joseph is helping founders in the SecureTech program which is focused on cybersecurity, anti-
Both risk and compliance management are dynamic fields that constantly evolve. Risk and compliance are impacted by a changing business environment, the economy, changing customer demands, and a company's vision, among other factors. Most of the changes we have observed in banking have been driven by information technology. The 2008 financial crisis was another significant force for change, as it forced the banking industry to rethink its risk management practices in light of the financial crisis
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Hello Global Risk Community member,
Hearst is a media giant with more than 360 businesses diversified across media, information, and services.
After implementing Oracle ERP Cloud, Hearst’s Application Security Audit Manager, Ivan Ng, was tasked with finding a solution that would enable Hearst to have the proper controls in place across all their business units, including those that were not on Oracle yet. Ivan chose Fastpath. Why? “It is very apparent that the application was written by auditor
Source: MIT TECHNOLOGY REVIEW
Five months before DarkSide attacked the Colonial pipeline, two researchers discovered a way to rescue its ransomware victims. Then an antivirus company’s announcement alerted the hackers.
On January 11, antivirus company Bitdefender said it was “happy to announce” a startling breakthrough. It had found a flaw in the ransomware that a gang known as DarkSide was using to freeze computer networks of dozens of busi
Alfred Nobel’s Patents
Swedish chemist, inventor, engineer, entrepreneur, and businessman Alfred Nobel had acquired 355 patents worldwide when he died in 1896. He invented dynamite and experimented in making synthetic rubber, leather, and artificial silk among many other things. Here is a list of 29 Swedish and 58 English patents.
1863. Patent number 1261. Ways to prepare gunpowder.
1864. Patent number 668. Method for the blasting of nitroglycerine. (Application not completed.)
1864.
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