Companies Are Racing Toward Digitalization To Unlock Value And Improve The Customer And Employee Experience

Companies Are Racing Toward Digitalization To Unlock Value And Improve The Customer And Employee Experience

We’re always hearing talk of digitalization. If you don’t possess digital skills in this new economy, you’re told that you’ll be left behind. It’s one of those corporate buzzwords where you feel you should know more about it, but haven’t got around to it. The reason may be due to the complexity and enormous undertaking required with the reshaping of the corporate landscape. Digitalization,

Supply Chain

Real-World Supply Chain Resilience

The COVID-19 crisis has been a wake-up call for supply chain managers. For years, companies have focused on eliminating redundancy in sourcing to reduce fixed costs and promote efficiency. Greater efficiency, however, came at the expense of diminished flexibility and effectiveness—a tradeoff the pandemic-induced supply chain disruptions have made painfully clear. Now, leading companies are seeking to avoid that tradeoff, using innovative capabilities such as risk-focused

How Technology Can Tame the EU Carbon Tax on Imports

Systems enabling companies across the value chain to exchange data and calculate taxes could help them manage the complexities of the Carbon Border Adjustment Mechanism (CBAM) and advance the European Green Deal. Starting in 2023, life will get progressively more complicated for companies importing energy-intensive products into the European Union, as well as for their non-EU suppliers. That’s when the EU will begin implementing

How M and A Can Affect a Company

How M&A Can Affect a Company

A corporate merger or acquisition can have a profound effect on a company’s growth prospects and long-term outlook. But while an acquisition can transform the acquiring company literally overnight, there is a significant degree of risk involved. In the sections below, we discuss why companies undertake M&A transactions, the reasons for their failures, and present some examples of well-known M&A transactions. Many successful people, like Christine Lagarde, are known for studying

The future of work – work, technology, flexibility and people

Digital transformation (DX) and Industry 4.0 inevitably change the future of work, requiring a work transformation for an increasingly digital economy and work environment. The future of work has been one of the hottest topics in conversations regarding the evolution of business, our built environment, and our lives since the accelerating adoption of digital technologies. And how else could it be? In our societies, work is essential throughout

Network effects: How to rebuild social capital and improve corporate performance

People’s professional networks have shrunk since the onset of the COVID-19 pandemic, while companies’ attrition and hiring challenges are growing. To help reverse these trends, people and organizations will need to manage workplace interactions more intentionally. Here’s how. Social capital—or the presence of networks, relationships, shared norms, and trust among individuals, teams, and business leaders—is the glue that holds organizations together. When teams feel