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The Fifth Discipline by Peter Senge published in 1990 exposed to the world Senge’s seminal work on the learning organisation. While Senge’s five disciplines of Systems Thinking, Personal Mastery, Mental Models (blinkers or blind spots), Shared Vision and Team Learning continue to be important, if not vital, components of the modern organisation, leading the modern learning organisation has necessarily changed.

The figure below represents what it means to be a great leader of a learning organisati

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The banking industry is perceived as the most advanced in their understanding and implementation of risk management. Although banks have indeed made huge progress in risk management, two areas all banks can improve is the structure used in conducting their assessments to enable actionable and insightful strategic reporting.

8028296299?profile=originalI’ve found that the understanding and implementation of risk management is driven not by industry or size of institution, but rather by its people: boards, executives, their t

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What is Application Virtualization?

Application virtualization can be understood as a software technology which implements the encapsulation of an application to isolate it from its host Operating System. The output of this isolation process leads to the independence of the operating system, which can also be considered as one of the top advantages of deploying the application virtualization technology. Encapsulation is a fundamental and a crucial factor which enables the operation of application

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Large accounts make up a significant portion of business for most B2B companies. Therefore, losing an important customer can have detrimental effects on the organization. The significance of key accounts is urging top B2B companies to revisit their key account management approaches. Additionally, the increasing level of sophistication of the purchase process being adopted—such as, centralized procurement, competitive bidding and auctions, and laborious negotiations—by large buyers is a crucial

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This article is contributed by William G Ferrell, CIO of Ferrell Capital Management and the author of a new course on Global Risk Academy - "From Asset Allocation To Risk Allocation"

There is a lot to cheer about on Wall Street.

- Equity markets have performed well, particularly since the controversial US election.

- Earnings have been climbing

- Volatlity is low

- Demand for credit has increased the velocity and cost of money/return on cash

As always, investors are haunted by the “What’s ne

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On company’s risk dashboard, the signal for operational risk should be flashing red. Over the past ten years, losses from operational risk have soared. Companies that want to achieve a sustainable and profitable business need to focus on building a framework to manage operational risk.

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What Is Operational Risk?

 

Operational risk summarizes the risks a company undertakes when it attempts to operate within a given field or industry. Operational risk is the risk not inherent in financial, syste

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The use of building energy management systems is expected to revolutionize the energy management industry. The reducing energy consumption to lower the overhead cost for its end users is done by the installation of intelligent applications. About 103 patents related to building energy management systems were filed or granted across the globe during the time period 2016-2018. These include patents related to any activity in the energy management industry, such as temperature sensors using HVAC co

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It gets too overwhelming a process of private limited company registration or LLP registration while staring a new business. It may leave you in doubts, anxiety and a ton of other legitimate issues. One of the major areas that businesses need to stay aware of is Intellectual Property Rights. Once the fundamentals of deciding the right business structure are cleared, IPR helps to differentiate your business from the competitors. IPR yields you the following advantages.

- Can sell or license for cr

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China is one of the most prominent countries in the APAC market in terms of growth for anti-reflective and anti-fingerprint coatings. The anti-reflective coatings are applied extensively on glass surfaces and China is one of the major exporters of glass across the world. The Government of China is aiming for the establishment of multiple R&D coating centers and programs as a part of their Made in China 2025 strategy. PPG Industries, Inc. announced to open up a paint and coatings R&D center in Ch

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What is API Management?

Application Programming Interface (API) Management is a series of processes which allow a company to control and visibly connect applications and data to the APIs throughout the enterprise and clouds. API management solutions generally include: the Developer portal, an API gateway, lifecycle management of the API, analytical capabilities, and support to API monetization, to help businesses get the most out of their API programs. API management is delivered in the cloud as

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GRC strategies to be made in 2019

GRC refers to Governance, Risk and Compliance which means to ensure that proper policies and controls are implemented in your organization for the monitoring of risk and to setup a system for check and balance if new risk arises. While incorporating GRC with technology, it helps in implementing proper control, compliance management system, documentation and also helps in meeting the objective of an organization. It just not helps in mitigating risk but also to evaluate it and providing best poss

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Cyber security is one of the top needs that any business can have in today’s world of digitalization where everything is going online. Companies are maintaining their system with such hi-tech cyber security that it is hard to breach. Since it’s an online world and paperless environment, so cyber security is being prime concern that if anyone who attacks the system he can get into whole of the company’s information.

According to recent research report by World Economic Forum, "90 percent of compan

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The Retail industry is under constant pressure by low margins and ever-increasing rivalry. Weak consumer spending; saturated markets; increased consumers demands for service and lower prices; and intense competition has put significant strain on retail bottom lines and growth avenues. Thus,Retail Strategy must evolve to accommodate these market changes.

Such low margins force the retailers to save costs across the operations, including IT, which is vital for the success of every strategic endeavo

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AML system is a combination of different types of software, including transaction monitoring software, currency transaction reporting software, customer identity management software, and compliance management software, among others (sanction screening software and case management software). These software are responsible for addressing AML business requirements. They focus on identifying suspicious patterns of transactions, which may lead to the filing of Suspicious Transaction Reports (STRs) or

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Data Pilots

8028288252?profile=originalNo, not unmanned aircraft flying us around the world! A small project to assess the value of a bigger data project and to stimulate interest and eventually strong support for the project.

Why a pilot project before you go into a full blown project you know you will get benefit from? Because most big data projects take longer, cost a heck of lot more than planned and tell you lots of things you didn’t really need to know while answering some of the big questions but sometimes not answering the que

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Out of all the security and risks concerns that a small business can have, cyber security is also one of the major concerns for small businesses. Since it’s an online and digital world, where every company tries to keep their data online which is just not easy to put, its also secured and less time consuming. Anyone who is authorized to access the data, ca easily accesses all sort of information from the place where they and can have the information and contribute to the business. But cyber secu

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Risk management is no longer a new term in a world of business. Though it has emerged over a past few decades, but it is something that every company and business is implementing nowadays for a more efficient results and for more business security. Managing risk is essential for all kinds of business. The difference is just that small businesses have quite a few limited resources to gauge their risk while on the other hand, large businesses can easily identify and calculate risks that can harm t

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Senior claims officers from two leading insurance carriers, USAA and Esurance, will participate in a live, free webinar, hosted by Insurance Nexus, on the transformative effect of Connected Claims. These leading executives will explore how they expect the new era of connected claims to deliver unprecedented business efficiency and superior customer experience.

 

Our research has revealed that carriers are already on the path towards the ‘organization-wide’ approach to Connected Claims transformati

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All about Consumer Vehicle Telematics

Consumer vehicle telematics is the technology and services meant for easy transmission of communication within passenger cars in real time. These services include in-car consumer services, GPS navigation, traffic, local search (e.g. gas stations, restaurants) and concierge services. The growth in the telematics marketplace is driven by the growing number of vehicle safety and security regulatory requirements. Telematics is a new automobile communication techn

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Disruption is constantly changing the retail business environment.  In fact, it is adding complexities to it with every passing day.  Sweeping changes in consumers’ behaviors and the challenges to retail economic models are pushing the current retail models to undergo considerable transformation.  A number of organizations that possess a sizable property portfolio find it challenging to manage their assets.

Although, physical stores still remain the preferred mode of shopping in retail—owing to b

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