The role of corporate functions, traditionally, has been to conduct the various service-oriented specialized tasks necessary to run the business. Corporate functions are of strategic significance in achieving organizational objectives yet their role at most enterprises is kind of contractual at best. These units assist in routine operations, facilitate other business units, and manage conflicts and relevant pressing matters. For instance, the Human Resources (HR) function is typically respons
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The past year’s most popular articles offer insights on managing through an unpredictable environment of disruption and change.
In December 2020, the first highly anticipated doses of COVID-19 vaccines arrived, sparking hope that 2021 might bring a fresh new start less burdened by the pandemic. Since January, the world has made huge strides in managing the pandemic — but coronavirus variants have advanced as well. Thanks to the delta variant, the Great Of
Many growing companies are adopting a best-of-breed approach to business applications. Rather than purchasing their ERP, CRM, HCM, warehouse management, and other systems from the same vendor, companies are using products from multiple manufacturers and integrating them together, often in the cloud. In addition, through mergers and acquisitions, they are integrating with still other business applications and bringing in the system administrators and employees from the acquired company.
Knowing w
A few blogs ago I mentioned Digby Scott’s definition of a change maker:
“…self-driven, self-starters, who don’t need hand holding, but they do value fresh perspectives, ideas and inspiration to help them make the impact they want to make.”
Below I align his four descriptors of people’s attitudes to change from his book Change Makers to my four levels of descriptors of how a risk function may be perceived by the business you are trying to change. Such an interesting comparison, don’t you think?
Openverse has its origin embedded in copyrights, with a long and interesting journey. Before we understand how it will revolutionize WordPress, let’s first get to know about Creative Commons (CC).
Creative Commons is a nonprofit organization, a global network, and a global movement taking its inception from people around the world, who wish to share their knowledge, creativity, ideas, on a flexible term rather than following the default copyright laws. All this sharing is enabled via a set of o
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If you have been reading my last couple of blogs you will know I have been talking about change management (in particular for risk managers).
Of course, change management means identifying and managing stakeholders. This week I facilitated a workshop that presented the perfect example of the risk that stakeholders pose if they are difficult to influence. It involved a state government agency that has become the tail-wagging-the-dog type of powerful stakeholder agency. I’ll call them the “boss” ag
We can achieve the rewards of reflection and avoid the pitfalls of rumination by
having a plan to direct our energy.

The neuroscience is clear: Our brains are capable of processing only a fraction of the information available to them, and we have a fixed amount of mental energy at our disposal, regardless of how much we want or need in any given moment. Consequently, our brains use as little mental energy as
Editor's Note: If you are interested in becoming an expert on Innovation Management, take a look at Flevy's Innovation Management Frameworks offering. 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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Digital globalization has opened novel avenues for international expansion, yet rising geopolitical tensions and nationalism create new types of fri
Breaking roles down into tasks reframes the talent problem from one of supply to one of demand.
The surge of workers leaving their jobs as the COVID-19 pandemic wears on — adding to employers’ talent woes in the midst of an already tight labor market — has drawn predictable responses. Organizations are typically reacting to the Great Resignation with increased pay and flexibility and better, m
Data is an important asset for any organization, driving every decision, pivot, and objective. According to The Economist, 97% of businesses leverage data to power their business opportunities, while 76% of businesses use data as an integral part of forming their business strategies. Comprehensive and high-quality data validated by skilled analytical professionals enables enterprises to make informed decisions and gain a competitive advantage to maintain their edge. As the entire ecosystem is gr
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Our process is very inclusive, encouraging and interactive. We impart complete knowledge and paint compete picture about the desired career choice and give them real situation feel. Our mentors guide them on how to achive the right career path and motivate them over a period of time to meke them confident for the selection of appropriate career choice.
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Choosing a career is ul
Ongoing development of IT infrastructure and high-end investment for construction of new data center is expected to drive the demand for the India Data Center Market in the forecast period, FY2023-FY2027.
According to TechSci Research report, “India Data Center Market By Field Strength (High- By Region, Competition Forecast & Opportunities, FY2027”, the India data center market is anticipated to witness impressive growth during the forecast period, FY2023-FY2027. High-end investments for the deve
According to ChemAnalyst report, “Nano Urea Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, 2015-2035”, The Nano Urea market is expected to witness considerable growth by reaching 360 million litres in 2035, at a healthy CAGR of 16% during the forecast period. Surging demand for Nano Urea from agriculture sector is likely to boost the Nano Urea market in the upcoming years. Nano Urea stands as a promising,
The System vs. the Individual: Explaining the Violence in American
Society through the Lenses of the Happy Planet Index (HPI), System
Thinking, and the Concept of Human Nature and Evil according to
Noam Chomsky, W. Edwards Deming, Mahatma Gandhi, Albert
Einstein, Enrique Suarez and Dr. Gabor Mate
In Memory of all the Victims of Violence in America and the World
“I believe that to pursue the American Dream is not only futile but self-destructive because ultimately it destroys everything an
In this week's blog post, we're sharing insights based on our latest interview with Atul Vashistha, the CEO of Supply Wisdom. Supply Wisdom’s mission is to help enterprises prevent risk disruptions that businesses face today. Their solution delivers continuous third-party and location risk intelligence and risk actions in near real-time across the widest risk aperture to minimise the risks of disruption facing their business, supply chains and third parties. They help with procurement, supply c
A critical component of any organization's performance is ensuring that it adheres to internal and external rules and policies to avoid the dangers associated with non-compliance. Compliance risk management is the strategic process of identifying and managing compliance with applicable rules and regulations to more efficiently mitigate and manage related risks.
Compliance risk management should prioritize avoiding financial and legal consequences and fostering trust and credibility among custome