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Detailed overview of surgical robot market

Computer-controlled devices for laparoscopic and minimally invasive (MI) surgery are referred to as surgical robots. These robots are made up of an exact representation of the body parts provided by a magnification high-definition 3-D camera mounted at the end of the robotic arm. Using miniature surgical devices that can fit through tiny wounds, they can execute complex surgeries by mimicking surgeons' hand movements. These robotic procedures are less painful than conventional ones, heal more qu

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Endoscopy tools identify or treat conditions like GERD, gastroesophageal reflux disease (GERD), Crohn's disease, ulcerative colitis, stomach ulcers, tumors, infections, blockages, and more. The necessity for minimally invasive procedures, the rise of chronic diseases, and technological innovation contribute to the increased adoption of endoscopic devices.

 

The market for endoscopy devices was worth USD 30.3 billion and will reach USD 56.2 billion by 2030 at a 7.1% CAGR during 2021-2030.

 

The m

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Research Nester published a report titled Automotive Lubricants Market: Global Demand Analysis & Opportunity Outlook 2033” which delivers detailed overview of the global automotive lubricants in terms of market segmentation by oil, product, vehicle type and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth o

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Risk Control Self-Assessment is a procedure for evaluating operational dangers and the effectiveness of risk management measures. The objective is to guarantee that all enterprise risk management goals are achieved in a reasonable amount of time.

In the following ways, a facilitated RCSA can assist a bank in improving its control environment:

  • Increasing awareness of the company's objectives and the vital role that internal control plays in achieving them.
  • Employee empowerment to carefully create an
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Point-of-care ultrasound is the term for the use of a portable ultrasound by medical professionals, particularly in remote locations, for diagnosis and treatment purposes. POCUS is helpful in a range of clinical settings and can be combined with a variety of medical tools, including an intensive care unit (I.C.U.) to monitor clinical conditions during an emergency to look into internal or external pathological findings, and with physiological monitoring, like hemodynamic assessment, cardiac func

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With the use of the metal-forming process known as powder metallurgy, metal can be reduced to powder and then used to create special materials. The products created with powder metallurgy are hand tools, hydraulics, industrial equipment, and hardware. Many products, including kitchen appliances and ceiling fans, can be made using powder metallurgy. 

 

The market worth of powder metallurgy in 2021 was USD 2.63 billion and will reach USD 7.60 billion by 2030, growing at a 12.5% CAGR during 2021-2030

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The medical condition sepsis is caused by the body's reaction to infections brought on by bacteria, viruses, or fungi. In this circumstance, the immune system releases a number of chemicals into the bloodstream, leading to hyperinflammation and the formation of blood clots. Sepsis can lead to multiple organ failures, fast breathing, low blood pressure, neurological dysfunction, and an elevated heart rate. Sepsis is diagnosed using a variety of techniques, including microfluidics, flow cytometry,

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 Research Nester published a report titled “3D Printing Materials Market: Global Demand Analysis & Opportunity Outlook 2033” which delivers detailed overview of the global 3D printing materials market in terms of market segmentation by type, end-user, form, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the grow

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Criss Cross

Another question from my masterclass on “How to run an impactful risk workshop” was:

“Have you used or encountered use of a cross-sectional risk methodology
e.g. run finance/budget related risk workshops for a department and invite a
Finance SME to facilitate?”

My answer: “No I haven’t but what a great idea!”

What I do recommend is that you have internal stakeholders attend whenever you run a risk workshop. They could be customers of yours or they may be suppliers. They learn more about your busine

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If you’re or outside your office, you use a personal device like a PC or laptop. With your work assets outside your company’s purview, remote security is more important than ever. Hackers are waiting for the next unprotected device, which can cost you a ton of money.

Securing your devices is a must in this day and age. You last want to compromise your data and potentially expose confidential information. Here are the top five remote working security tips you can follow to ensure you’re always pr

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Research Nester published a report titled Power-to-Gas Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global power-to-gas market in terms of market segmentation by technology, end user, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

T

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A business is sustainable if it continues to grow. However, it is hard for any business owner to estimate the firm's growth in a year or during a certain time period. Likewise, it is challenging for leaders to imagine the following scenarios:

  • How much growth does their company require?
  • Should sales growth or margin expansion take precedence? How can the two be reconciled?
  • How can true growth be achieved?

Sustainable growth necessitates a Capabilities-driven Strategy (CDS) as opposed to conventiona

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Often, a firm fails due to a lack of monitoring and control, poor strategic management, and incorrect resource allocation. This is despite a solid business plan and a compelling product or service. Using the risk management method protects firms from known and unforeseen risks. 

A robust risk management strategy necessitates adhering to the appropriate risk management methods, fulfilling the previously mentioned goals, and transforming the organization into a much more efficient and competitive e

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The leaders of large incumbent companies should embrace the potential of distributed ledger technology before it gets used against them.

 
December 08, 2022
 
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It wasn’t long after the developers of bitcoin first used a distributed ledger to record transactions in 2008 that the blockchain revolution was announced with all the fanfare that usually accompanies promising new technologies. Then, as often happens with emerging technologies, blockchain’s

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Framework for Megatrend Analysis

Editor's Note: If you are interested in becoming an expert on Strategy Development, take a look at Flevy's Strategy Development Frameworks offering here.  This is a curated collection of best practice frameworks based on the thought leadership of leading consulting firms, academics, and recognized subject matter experts.  By learning and applying these concepts, you can stay ahead of the curve.  Full details here.

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A "megatrend" is a large-scale pattern or movement with significant, long-lasting e

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Leaders should build resilience, local agility, and portfolio agility to prepare for the next recession.

 
Donald Sull and Charles Sull
 
December 06, 2022
 
MITSLOAN
Management Review
 
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Winter is coming: Inverted yield curves, rising interest rates, and a rash of layoff announcements have convinced many economists that the global economy is headed for a downturn. Recessions are bad for business, but downturns are not destiny.

The worst of times for the economy as a whole can be the best of

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Businesses take compliance management seriously because it is required. However, many firms would like to be more satisfied with the results. Despite how often resources they devote to compliance management, the consequences appear to be the same. This is since managing compliance is more than just a process that can be enhanced by expanding the number of staff working on it. There are mitigating factors in adherence to standard personnel. Organizations that truly want to impact must examine the

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Data can help companies better understand and improve the employee experience, leading to a more productive workforce.

 
Don Weinstein
 
November 22, 2022
 
MITSLOAN
Management Review
 
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Our behavior at work is changing. While this has been a constant for as long as people have been working, the pace of change has accelerated tremendously over the past few years.

The pandemic permanently shifted traditional expectations of the workplace and prompted workers to begin rethinking the notion of jo

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Risk management methods in US enterprises are coming under increased governmental and private scrutiny. The diversity, quantity, and acceleration of risks are all rising, making enterprise risk management increasingly challenging. Businesses are continually battling fires and attempting to reduce risk by taking remedial steps, and this reactive strategy lengthens reaction times and may put these businesses out of business altogether.

Increased breaches, compliance failures, and new guidelines fro

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