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Decoding ESG: Understanding Its Impact on Business, Banking, Investing, and Individuals

April 4, 2024 ESG implementation, ESG challenges, Green financing, Green financing, Social responsibility, ESG in banking, ESG in investing, ESG in business, ESG impact, ESG practices, ESG practices, ESG framework, ESG factors, ESG trends, ESG benefits

ESG-specific mutual funds and ETFs reached a record $480 billion AUM in 2023, highlighting the growing importance of ESG in investment decisions. In today's corporate sustainability landscape, "ESG" (Environmental, Social, Governance) has emerged as a pivotal concept for businesses globally. This framework serves to assess a company's sustainability and ethical footprint, encompassing various factors such as environmental impact, social responsibility, and corporate governance practices.

Breaking Down ESG Policies: A Beginner's Guide

April 4, 2024 ESG, ESG Policies, ESG implementation, sustainability, SDG’s

In today's rapidly changing business landscape, the concept of ESG policies has gained significant importance. Companies are increasingly being judged not just on their financial performance, but also how well they comply with ESG standards. Implementing ESG policies can help organizations mitigate risks, attract investors, and enhance their reputation. In this beginner's guide, we will break down what ESG policies entail and why they are essential for businesses in the modern era.

Staying Afloat as a Healthcare Risk Management leader is one of the Best Things You can do

January 24, 2023 : Risk, Risk Leaders, Risk Management, Healthcare

What does risk management in Healthcare entail? Effective risk management in healthcare organizations is primarily focused on patient safety. Additionally, it safeguards the firm by assisting with prompt repayment, accreditation maintenance, and reputation enhancement.

Five Trends in Risk Management to Watch in 2023: What You Need to Know.

January 8, 2023 Risk Management, Cybersecurity, COVID 19, Supply Chain Crisis, Talent Pool

Which major trends are we now observing in the risk management industry? In this article, we outline five trends and discuss how they will change risk management in 2023.

WILL DIGITAL MARKETING BE TRANSFORMED BY THE METAVERSE?

September 20, 2022 Digital Marketing, Digital Marketers, Metaverse, Metaverse Marketing, McKinsey and Company

With well-known IT businesses pouring millions of dollars towards the creation and development of this new technology, the term "metaverse" has been more and more widespread over the past year. However, what exactly is the metaverse? What does it signify for digital marketing going forward?

"Marketing in the metaverse: An opportunity for innovation and experimentation" by McKinsey and Company offers fantastic insight into the topic.What is the metaverse? Matthew Ball, a venture capitalist, shareshislens with McKinsey on the potential of the metaverse.

Essentials Of Customer Intelligence In The Era Of Massive Data

September 14, 2022 Customer Intelligence (CI), Data Mining, Data Analytics

Customer insight, based on what has come to be known as customer intelligence, is the cornerstone of customer intimacy. Wikipedia defines customer insight as "the process of gathering and analyzing information regarding customers, their details and their activities". The techniques for customer insight and intelligence range from relatively straightforward data mining to intricate anthropological approaches.

How To Digitally Transform An Organization Effectively

September 14, 2022 Digital Transformation, Business Continuity, Business Strategy

Many businesses are struggling with the issue of how to sustainably combine disparate and frequently improvised digitalization efforts. Are there ways to hasten digitization and increase predictability of results? In the Harvard Business Review, Benjamin Muellerand Jens Lauterbachsuggestthree levers for expediting digitalization projects that would enable businesses of any size to benefit from genuine changes.

Digital Transformation

August 05, 2021 Download

This industry agnostic whitepaper serves to create awareness to aspiring Digital Transformers/Heads/CXOs on the ins and outs of Digital Transformation. It derives from more than 14 books on Digital Transformation along with, from practical literature and business reports published by diverse corporate entities.

Chapter 1 details the definitions of Digital Transformation, followed by its different types in Chapter 2. The four categories include Business Process, Business Model, Domain, and Cultural/Organizational transformations. Chapter 3 details Digital Transformation Frameworks proposed by leading business research and consulting institutes.

Deep diving into the practical aspect of Digital Transformation, Chapter 4 outlines at least a dozen Dx implementation approaches along with relevant case studies of companies who have done org wide Digital Transformation. At a high level, Chapters 5 and 6 touch upon the various Digital Transformation Services and Key Industries that are hallmarking the Digital Transformation process across wide ranging domains. Chapter 7 attempts to try some practical insights into Sample Digital Initiatives of few Dx services in select sectors.

Disruptive Technologies & Blockchain

August 05, 2021 Download

(Christensen, 2015) define a disruptive technology as “a novel technology that creates new markets or upsets the status quo in current markets”. With the use of APIs, disruptive technology changes a variety of products and services that were costly, difficult, or too complex into simplified implementations; transforming the business environment to accommodate all types of participants, large and small (Nambobi, 2021). Current disruptive technology trends revolve around Big data, Internet of Things, Artificial Intelligence, Blockchain etc.

Blockchain is not a single technology, but rather a collection of developing components with potentially unpredictable, and still under research, consequences. It can be described as a flexible database that allows for the creation of transaction entries, their vetting and validation, and storage in a tamper-proof ledger. Industry, economies, and society are forecast to be disrupted by the potential of blockchain’s unique amalgamation of characteristics; whether it be via consumer transactions, breaking down organization silos or enabling cross-enterprises’ collaborations; as highlighted in Figure 1 below (Treiblmaier, 2021).

Data Monetization

August 05, 2021 Download

The growth of the global market is driven by continuous rise in enterprises data, technological advancements in big data & analytics solutions, and increase in focus of organizations to generate new revenue streams1. The increase in the volume of data generation and lower cost of data storage has emerged as one of the strongest factors for data monetization tools and services adoption across regions.

“MarketsandMarkets” estimates the global data monetization market size to grow from USD 2.3 billion in 2020 to USD 6.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.7% during the forecast period. The global data monetization market size was valued at $44,869 million in 2016, and is projected to reach at $370,969 million by 2023, growing at a CAGR of 35.4% from 2017 to 2023.

Research Project Report - Food Waste: A Business Opportunity for Consumer-led Initiatives

August 05, 2021 Download

Worldwide, 8.2% of greenhouse gas emissions1 outcomes in unaccompanied food waste. About 6%-8%2 of all human-caused greenhouse gas emissions could be reduced if wasting food is stopped. Altogether this has radical effects on the economy and environment. Following research explores criticality of food waste and food waste management as a business opportunity for digital, consumer-led innovation.

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