Identity fraud is becoming an increasing problem day after day for businesses. Criminals create new mechanisms for fraud as identity theft tends to raise problems for customers. According to the 2019 Javelin Plan and Analysis Identity Fraud Report, in 2018, there were 14.4 million users who had become victims of identity fraud, down from 16.7 million in 2017, the record figure. Identity theft in 2018 was nevertheless more burdensome: 3.3 million individuals were liable, about three times as many
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While a lack of psychological safety means a team is missing out on the opportunity to take risks and innovate (as I pointed out last week), when the lack of psychological safety becomes rampant, a much bigger risk develops. That risk is the deafening silence that descends on the organisation because no one will speak up. A situation termed organisational or employee silence.
I wrote about this phenomenon a couple of months ago when I reflected on my time at HIH Insurance and the need to sometim
For banks, the ability to conduct due diligence quickly and effectively can be the difference between winning and losing valuable customers.
With customer experience an increasingly important differentiator competition increases, a seamless digital process is now a must. Lengthy and difficult Know Your Customer (KYC) will no longer be tolerated, as highlighted by Encompass research, which found that 38% of UK businesses have deliberately abandoned an application for banking services in the last y
Top-Down Leadership for Data: Seven Ways to Get Started
Leaders can initiate successful data strategies by focusing on data quality, building organizational capabilities, and putting data to work in new ways.
December 02, 2020
By MIT Sloan Management Review
For many senior executives, data presents a conundrum. Naturally, they want their data programs to succeed. Indeed, they’d like to help in some way, and even provide leadership, but beyond providing funding, they’re not sure how.
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Product managers, marketers, and designers are often confused as to what they should do to increase the chances of customers’ engagement and uptake of their offering. Changing individuals’ behavior to enhance engagement, productivity, innovation, and happiness isn’t straightforward.
It takes a lot of effort, time, and resources to execute initiatives aimed at transforming behaviors and Organizational Culture. However, most people aren’t interested in changing and like the status quo to prevail.
Head injury accidents are one kind of major word related accidents all around the globe, particularly in the construction sector. Every year numerous laborers are harmed or injured and even killed because of head injury.
To successfully diminish the risks of head injury, a legitimate kind of safety helmet is needed. The chosen safety helmet must satisfy some prerequisites that incorporate resistance from infiltration, shock absorption, and be movable to fit and make comfortable to the user. A saf
Imagine any plant/manufacturing region without cluttered walkways, the excess stock lost or harmed things, incorrect records, endless searching, climbing, bending, and disappointment. Imagine a deep beneficial operation that includes value and decreases cost.
Automated Storage and Retrieval system (ASRS) is designed to accomplish high-density hands-free buffering of materials in distribution and producing conditions. ASRS is a whole system planned to ship, stage/store, retrieve, and report on eve
Sclerotherapy making a trend in the health care industries. Since Sclerotherapy is a form of minimally invasive procedure, it is preferred by both doctors and patients. It is extensively used to treat the problems related to blood vessels and lymphatic vessels such as varicose veins, spider veins, etc.
There are many factors that are leading to increasing cases of varicose veins and other such problems that include excess weight, heredity, aging, and some professions that require a prolonged peri
invitation to a Free Webinar to All GRC Members by Enrique Suarez
FREE WEBINAR AND Q&A By MIT Sloan Management Review
Advocating With Authenticity — Brands Getting It Right
Thursday, December 3, 2020
12:00 p.m. EST / 9:00 a.m. PST
If you’re unable to attend live, still register! We’ll send you the on-demand recording. Certificates of completion are available after the webinar for a small fee.
Today’s consumers expect more from brands. With more companies taking stances on political and social issues,
What is PET-MRI?
Positron emission tomography – magnetic resonance imaging (PET-MRI) can be considered as a hybrid imaging technology that includes MRI soft tissue morphological imaging and positron emission tomography functional imaging.
Brain PET-MRI based on phase:
1. Pre-clinical
As of now, the incorporation of positron emission tomography (PET) and magnetic resonance imaging (MRI) as a hybrid imaging modality is getting massive attention in its merging clinical applications and the preclinical
Scary Scenarios: State Surveillance Expanding Exponentially Using Advanced Wireless Technologies
Global Research, November 30, 2020
Jack Rasmus 28 November 2020
If you’re worried about the capability of government to conduct surveillance of citizens engaged in political assembly and protest, or even just personal activity, then you should be aware the technological capability of government surveillance is about to expand exponentially.
The US Air Force’s Research Lab (yes, it has i
There are more avenues to helping a leader realise they need to change to create psychological safety than I shared in my blog last week. While showing them what was happening is a good start, you also need to make sure they understand what they can have if they make changes. That is, answer the question “What’s In It For Me?” (WIIFM).
A good way to do that is to contrast what is happening now with the type of changes you are suggesting and the favourable outcomes they can expect. Here are three
Blinded by a Blizzard of Data
By Antony Davies and James R. Harrigan
American Institute for Economic Research
AIER
There are lies, damned lies, and statistics. While this warning is never terribly far from the political surface, it should be axiomatic whenever anyone starts talking about Covid data. It has been years since a common pool of data has been so thoroughly mishandled by all sides, and this is sure to continue at least until a vaccine has been developed and delivered.
The surest sign that s
Source: MIT SLOAN MANAGEMENT REVIEW
Leaders need to examine their core beliefs if they want to prosper in a COVID-19 world.
November 23, 2020
Culture is all-encompassing. It radiates through every action taken inside an organization — including deciding what is made and sold, which employees are hired and retained, which customers are serviced and how, what is measured and reported, and where time and money are invested.
However, while some leaders stri
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Outsourcing has developed the most renowned business trends recently due to its rising profile as a management strategy for improving productivity in the management of resources. To decrease cost and enhance the nature of their recruitment cycle, numerous organizations transfer part or entire of their recruitment process to outer services providers known as recruitment process outsourcing (RPO).
Recruitment Process Outsourcing (RPO)
Recruitment outsourcing is a process where an organization makes
The Coronavirus outbreak that hit us earlier in the year increased into a pandemic that affected practically every country in the world. As a result, countries had to go into lockdown to prevent the spread of it further. Keeping healthy during these times have been vital, as countries continue to come in and out of lockdowns to prevent any further spread and enclose the virus as safe as possible.
There are a number of different ways that you can help to protect those around you whilst staying at
Last week I wrote about Kate and her experience of “psychological warfare” which is a culture where psychological safety does not exist. Upon reflection, Kate realised that while she created psychological safety for her team she did not create it for herself. So when she spoke up, her boss and others on the executive felt threatened and reacted with an array of avoiding, delaying and blame-shifting strategies.
Kate and I spoke about how she could have done things differently. In hindsight, she re
The single most pressing challenge for an organization in this knowledge economy is attracting and retaining talented people. This can be a make or break challenge for the organization and warrants careful consideration during Strategic Planning.
Starting on the right foot is absolutely essential to overcoming this challenge. Organizations, particularly HR, need to have an Organizational Culture that boasts of an effective Employee Onboarding process. In order to accomplish this, present-day
