If your organization aims for longevity, resilience is a muscle you want to build. The 5 Resiliency Rules: Speed and agility Data culture and literacy Curiosity Innovation Equity and responsibility I know resilience has been a hot topic in recent years, and for good reason – it can make or
Whether for better or for worse, many people agree that generative AI is a game changer that will revolutionize the way we live and work. Optimists believe that generative AI is an opportunity to improve and expand our technological knowledge. At the same time, catastrophists fear that AI in general
In a global economy marked by fragile supply chains, scarce resources and rising energy costs, the spotlight is on forecasting to address these issues. In 2022, McKinsey & Company uncovered a staggering $600 billion annual food waste, equating to 33% – 40% of global food production, spotlighting the devastating consequences
If the last few years have taught us anything it’s this: business disruptions are not rare events. They are the norm. Today’s business leaders are grappling with logistics nightmares, economic upheaval, evolving consumer preferences, rapid technological advancements, regulatory changes, and armed conflicts. While it’s not possible to plan for every
AES Corporation is one of the world’s largest independent producers of renewable energy, green hydrogen, and battery storage. This Fortune 500 company is the only US-based power company that operates on four continents. Additionally, AES owns utilities in the US and Latin America and has a technology innovation company that
Katie King has interviewed subjects from many walks of business life for her books: academics, venture capitalists, executives from high-profile brands and telecommunications companies. Among them, one that made a lasting impression was an artist: Ai-Da. King interviewed the artificial intelligence-powered humanoid robot artist for her 2022 book AI Strategy
Many organisations that have invested in customer data platforms (CDPs) face new challenges that demand innovative solutions. As businesses strive to optimise their marketing efforts, they meet hurdles such as rising costs, limitations on channel integration, and the inability to empower marketers to deliver advanced segmentation. In conversations with customers,
As the holiday season approaches, businesses may be bracing for what’s been all too common in recent years – supply chain disruption. Retail and consumer goods industries have been hit with disruptions from every direction: profound shifts in consumer preferences, materials shortages, weather events, and geopolitical activities, to name just
When I started my career as an actuarial student in the early 2000s, being successful required a good actuarial exam passing rate and good modeling skills in Visual Basic for Applications (VBA) or using SAS® to code. However, just as SAS never stands still in data analytics, the skillsets required for
In an increasingly interconnected world, geopolitical events in one region can cause a ripple effect across global supply chains. Due to technical complexity and the concentration of large manufacturers in the Asia Pacific region, the semiconductor supply chain is especially vulnerable to disruptions. In fact, more than 65% of the
As insurance continues to evolve, the link between analytics, AI and organizational success has never been more apparent. Marvin Pestcoe serves on the boards of Hamilton Insurance and Catalina Insurance. He is a fellow of the Casualty Actuarial Society. In short, he understands the connection between analytics, AI and insurance
The past few years have been ripe with uncertainty, further proving the necessity of resilience across industries. While the hospitality sector has faced significant disruption over the last two years, it also faces several new opportunities. Consumers are turning their focus to self-improvement. Wellness trends continue to grow in popularity.
In 2022, the world adjusted to and worked to recover from a global pandemic and international conflict that displaced millions of families. Energy costs increased sharply and supply chain issues and other disruptions persisted. This contributed to the highest global inflation rate in decades, prompting a domino effect across economies.
We recently passed the two-year anniversary of US school closures that transformed schooling for students, teachers and parents. The pandemic induced the largest remote learning experiment in history. But, lack of time to prepare for remote education and unequal internet and device access left many students unserved or underserved. It was
Jim Goodnight, SAS founder and CEO, said in 2016, "Digital disruption is now a fact of life, and every organisation must have a plan to deal with it." And yet his observations could not be more apt today. Furthermore, the impacts of the global pandemic have accelerated digital disruption. I see
Können Sie es noch hören? Das "D"-Wort. Seit Jahren geistert es durch alle Keynotes, durch kluge und weniger kluge Bücher. Der Axel Springer-Konzern hats geschafft, die deutschen Automobilbauer noch nicht, holen aber gerade auf. Mein CD-Player daheim hat es nicht überlebt - obwohl es damit angefangen hat. Es geht, natürlich,
Imaginar que a través de un comando de voz pudiera analizar escenarios de negocio y predecir rendimientos, o tomar cualquier acción de negocio, ya no son ideas futuristas e irreales. El hecho de que, en los últimos dos años, los ejecutivos de las 500 empresas de Fortune tengan inquietud sobre
Being an industry disruptor is a lonely place to be – but if you’re successful, the rewards are well worth the initial risk. Betting big on your new way of doing things takes courage, and is only the first step in a risky process. Your next critical step is to
