5,821 days. That’s the time that separates Silicon Valley Bank’s (SVB) collapse and the failure of real estate investment trust New Century in 2007, notably the first domino to fall in the Global Financial Crisis (GFC) of 2007-08. Last week’s events represent a sobering reality check. In 2023, banks can
Tag: speed and agility
One of Warren Buffett’s most famous quotes goes like this: “Only when the tide goes out do you discover who’s been swimming naked.” That time is now for interest rate risk managers, who have been basking in the warm sea of declining interest rates for most of the last four
Consumer goods manufacturers have faced significant challenges over the past few years due to rapidly changing demand and supply disruptions in their end-to-end supply chain. As a result, manufacturers have realized the need to strengthen their resilience and have prioritized assessing their manufacturing capacity to maximize output and automation. To
In this post, Ajay Agrawal, professor at Toronto's Rotman School of Management, discusses the challenges of unlocking the full potential of AI and ML for businesses and banks. Agrawal explains how the taxi industry in London, UK provides a cautionary tale of the potential impediments to driving value from AI,
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.
Conocer las limitaciones es importante a la hora de comenzar cualquier proyecto de mejora. Desarrollar una estrategia en analítica figura entre las cosas que pueden generar mucho valor para una empresa, pero es crucial entender lo que nos impide hacerlo. En este artículo quiero recomendar, a las compañías que están
With dynamically changing revenue streams, critical infrastructure needs and current higher-than-average gas prices and inflation concerns, transportation agencies around the country are using data to enable analytically driven decisions while navigating complex business challenges. Today's transportation industry is ripe with opportunities for innovation and growth. And this is especially true
Whether working as a business analyst, data scientist or machine learning engineer, one thing remains the same – making an impact with data and AI is what really matters. Pre-processing and exploring data, building and deploying models and turning those scoring values into an actionable insight can be overwhelming. A
Maybe you’re a SAS®9 programmer in the insurance industry who stores her analytics projects in a local desktop folder, or in a Git library. Or maybe you’re a data scientist who specializes in aviation forecasting and loves the no-code environment of SAS® Viya®. Or maybe you’re a Python devotee at
Robert Handfield, PhD, is a distinguished professor of Supply Chain Management at North Carolina State University and Director of the Supply Chain Resource Cooperative. In an episode of the Health Pulse Podcast, Handfield gave his views regarding the challenges health care and life science companies have encountered over the past two years
High unemployment rates of the post-pandemic era in many recovering regions and increasing inflation rates are signaling an economic recession. With the pressure of increasing energy prices on consumer cash flow and households in many advanced economies facing a cost of living crisis, collections managers know it’s time to transform
Research, supply chain, manufacturing, and sales increasingly depend on partnerships in a digital ecosystem. Cloud-based analytics makes it possible to collaborate intelligently at scale. For years, life sciences companies have been justifiably cautious about moving their data science functions into the cloud. Although the industry’s central purpose is to accelerate
The COVID-19 pandemic brought an enormous urgency to the life sciences sector. Companies vied for suitable treatments and in less than a year, COVID-19 vaccines were developed. This demonstrated clearly that the sector could move at speed when necessary. Though vaccines were supported by regulators, inefficiencies in vaccine and drug development were exposed.
Retail expert Charlie Chase recently participated in a private unplugged discussion about disruption challenges with retail executives hosted by the Retail Council of Canada. All quotes have been edited for maximum clarity, and participants have been de-identified. The last two years have created a major disruption for retailers and consumer
The management of the COVID-19 vaccination program is one of the most complex tasks in modern history. Even without the added complications of administering the vaccine during a pandemic, the race to vaccinate the populations who need it most all while maintaining the necessary cold-storage protocols, meeting double dose requirements,