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Management

Paperless office and document management systems

When companies are wondering whether or not to go through the most basic stage of the digital transformation, moving from paperwork documents to digital document management, there are often a lot of fears about how implementation and unfamiliarity with the new system will slow down productivity and potentially confuse the staff. However, the same things […]

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Management

AI-Impact for Insurers and Lawyers

Financial services quickly embraced new technology because its use in generating value was readily apparent to investors and customers. Gathering information in real-time and timing transactions based on the steady flow of information helps financial industry players and customers at same time. Impact for Insurers The insurance business revolves around measuring and pricing risks. In […]

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Management

Do artifical networks make unbiased decisions?

Artificial neural networks have given AIs the functionality for complex problem solving and pattern recognition, and they have entered the workforce, particularly in areas of big data analysis and global finance. As we begin to interact with and study these new learning machines, interesting questions arise. Are they going to take on human behavioral and […]

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Management

How to improve employee engagement

Successful businesses tend to share similar values that boost their employee engagement. A loyal, dedicated, and energized staff, working toward a common goal, is the gold standard for a happy and engaged workforce. Across size, industry, market share, intellectual property, and other economic variables, employee engagement stands out as the hallmark of a successful company. […]

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Management

Nanotechnology and behavioral variables in healthcare

Big data and machine learning platforms are in a unique position to analyze one of the most challenging aspects of medical research: behavioral variables that are not reported accurately by common assessment methods. While EMRs (electronic medical records) prompt healthcare providers to collect a great deal of subjective information that impacts healthcare, such as compliance […]

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Management

Predictive analysis and human behaviour

Predictive Analytics is the branch of machine learning that is putting all the data to work. It takes large data sets and uses mathematical algorithms to form predictive models. Then statistical methods such as regression analysis are used to find the variables that influence the models. Finally, machine learning platforms use those predictive models to […]

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Management

Managing the global and local supply chain

The term glocal, used to describe global and local actions together, is used in several ways by business today. Many people supporting the local movement, such as local food advocates and those proposing ways to use local business for community building, suggest that some business activities should always consider transportation to the end market, including […]

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Management

Social Credit Score and the Bell Curve

The Social Credit Score is a system that China has had in trials for several years, and that uses the principles of credit scoring- data streams from several specific sources- to formulate a predictive score. The current credit score uses data from the past to predict future behavior, and allows financial institutions to evaluate risk. […]

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Management

Integrated reporting makes it’s way

A financial report primarily looks at the company itself, while a non-financial report looks beyond the company’s boundaries. Non-financial reporting – basically – has nothing to do with sustainability reporting: however the sustainability report can be a non-financial report that explains the values associated with sustainability. Years ago, attempts were made to see the benefits […]

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Management

etailers vs retailers

In the etailers versus retailers war, the etailers are winning. Market shares for everything ecommerce are growing. Tech solutions have concentrated efforts on customer management and marketing software for ecommerce platforms. Consumers have responded by shopping online in their pajamas in the middle of the global night from every possible corner of the world. Big […]