Enterprise

Share to Twitter Share to Linkedin Digital transformation has become a business imperative in the wake of the pandemic. Companies that have not modernized their processes and integrated cloud and analytics capabilities are severely disadvantaged. Genpact's latest study, "Data-Driven Business Transformation ,” reveals that only 8% of enterprises have fully modernized. This digital divide will result in those companies who can move quickly and take advantage of new opportunities, leaving behind those who are not. In addition to Genpact, Peak's latest report, "State of AI 2022 ," revealed that 55% of enterprises will be AI-First by 2025. Yet, despite the clear advantages of AI integration, only 35% of c-suite executives have plans to implement it. According to Peak's CEO, Richard Potter, "AI is inherently a data technology and must function as part of an overarching data strategy, yet most respondents in this survey are thinking about the two separately." … [Read more...] about What Does It Take For Enterprises To Succeed In The Digital Age?

Share to Twitter Share to Linkedin From the BTS Meal at McDonald’s to the members of BLACKPINK all representing multiple luxury fashion houses, global brands are embracing the popularity and social-media savvy of K-pop stars more than ever. But the artists are also using their influence to help develop and boost rising businesses from their home country of South Korea in an emerging business model that’s earned government support. The special affairs unit in Korean TV and radio broadcaster Munhwa Broadcasting Company (better known as MBC) recently shared its findings and future plans developed from a newly developed business model its titled “Connect, Accompany to make Synergy and Transformation,” or “CAST” for short. After three years of research, MBC found even with their rising international profiles that K-pop artists and celebrities are willing to collaborate with small-to-midsize enterprises (also known as SMEs) and share their millions of excitable fan … [Read more...] about ‘CAST’ Is The Rising Business Model Utilizing Synergy Between K-Pop Stars & Local Korean Enterprises

Share to Twitter Share to Linkedin Adani Group, an Indian holding company that is heavily invested in the energy markets back home, is the latest target of emerging market short sellers. It’s problems, though, are not India’s problems. Investors should not consider this the Indian version of the “Evergrande” real estate default in China. In BlackRock’s BLK iShares MSCI India (INDA INDA ) exchange-traded fund, Adani’s companies, namely Adani Total Gas (1.1%), Adani Enterprises (1.08%), Adani Transmission (0.77%), Adani Green Energy (0.65%), Adani Ports (0.43%) and Adani Power (0.26%), all make up less than 4% of the fund. It is not a top holding in the Wisdom Tree India Earnings Fund (EPI). EPI and INDA have moved pretty much in lockstep over the last 12 months. Adani Enterprises, for example, is a runaway train. It’s up 79% over the last year while both the India ETFs are down by 8.8%. Over the last two years, Adani Enterprises is like the … [Read more...] about Adani Short Sale Story Not A Problem For India’s Stock Market

plan to use a mix of social media platforms to reach out to different segments and learn what works best. Representational image. (Photo: dlxmdeia via Unsplash) In the last edition of Smart Growth, we had outlined the importance of social media marketing for an SME (small and medium enterprise), the starting point for which is a good plan. Plan slow and act fast should be the mantra here. Once the plan is decided, start the execution. Social media is changing by the day, so start small, and learn what works for your company and industry. In order to do so, first identify the right platforms for your business. Should you be using Facebook (FB), Instagram (Insta), Twitter (TW), or TikTok? If your target audience comprises millennials, you may think that they are not on TikTok or Instagram. Do not make such assumptions. Millennials are more than 35 years old today. Apparently, 41 percent of them only use FB, while 68 percent use Instagram and TikTok. On the other hand, if you … [Read more...] about Five simple social media tips to promote your SME business

Share to Twitter Share to Linkedin Hours after Abu Dhabi and other investors salvaged the Adani Group’s latest stock offering, Israeli Prime Minister Benjamin Netanyahu posed for photos with Indian billionaire Adani. It’s been a tough week for Gautam Adani. His fortune has fallen by some $36 billion since Jan. 24, when short seller Hindenburg Research published a 100-page report , which alleged his Adani Group has engaged in a years-long conspiracy of fraud and stock manipulation. The Adani Group has denied all wrongdoing and threatened legal action. But Adani has had something to smile about in the last 48 hours. On Monday, his group’s flagship business, Adani Enterprises Ltd., completed its previously announced $2.5 billion follow-on share offering with full subscription, defying some analysts’ expectations. Shares in Adani Enterprises rose 3.3% on Tuesday, lifting Adani's fortune by about $900 million and marking the first day since Hindenburg's … [Read more...] about Gautam Adani’s Middle Eastern Allies Help Him Shrug Off Fraud Allegations, Wealth Plunge

Indori poha is a no-cook poha with lots of sev and a generous sprinkling of cumin-based Jeeravan spice mix. (Representational image: Shahbaz Ansari via Pexels) Lesser Morsels is an exploration of hidden gems from the great Indian kitchen. “Don’t forget Indori poha and dhania wale aloo,” said a friend as I left for a Children’s Literature Festival to Indore a few years ago. It reminded me of when my brother-in-law Mayank, who lives in Seattle, was craving Indori poha, and he and his wife Abha soon went in search of its magic ingredient – Jeeravan masala – to the Indian stores in Seattle. They were also rewarded with Ratlami sev, and Mayank’s craving was more than satisfied. Turns out the poha is not the thing. The hero is a generous sprinkling of Jeeravan masala. For the uninitiated, Indori poha is a no-cook poha (a Maharashtrian version is called dadpe pohe) elevated by the addition of Jeeravan (a spice mix that contains roasted jeera powder along with 20 odd spices) and … [Read more...] about Indore special:  Jeera isi ka naam hai

Share to Twitter Share to Linkedin Thomas Lim is the COO of Technicorum Holdings, a Web 3.0 Coach & Dean with Thrive Consulting and Master Trainer: PEARLS Coaching Framework. The key trends in 2022 have set the world up for a highly disruptive operating environment in 2023. Massive changes are on the horizon, and organizations will face rough seas in steering their teams through social and technological challenges. What storms await the ship’s captain, and how might one sail through them and emerge stronger? Companies may want to focus their energies on the mega disruptive forces of Web3, ESG and DEI. The Web3 Disruptor Be it the metaverse, non-fungible tokens (NFTs) or SocialFi platforms, decentralization will be a huge wave in 2023. Organizations must embrace change and innovation like never before. Linking the business and technical aspects of a new technological offering like virtual reality for the metaverse will present … [Read more...] about Key Strategies For Navigating The Top Organization Disruptors In 2023

Share to Twitter Share to Linkedin Rachel is a Systemic-Change Coach & Executive Mentor; APAC CXM CGO, and DEI & Sustainability Champion at Dentsu. Henry Ford once said, "If it doesn't add value, it's waste." Surely, all that is consumed from our Earth to create a better life is not a waste. But when we selfishly waste it for profits, that is a crime—at least to the next generations. As a corporate achiever who has helped many multinational corporation (MNC) clients generate those profits for the last 25 years, let me—and my fellow boomers/Gen X leaders—say that we are so sorry to the next generations. We have come to a point of no return but a hopeful awakening and urgent intervention of quick systemic change toward a circular net-zero economy. It is, therefore, now a repenting responsibility for all business leaders to reframe value and participate in the making of the circular economy. With consumers' voices rising toward greener … [Read more...] about Let ESG And RX Be Your Pivotal Business Imperatives

Share to Twitter Share to Linkedin Stephen King serves as President & CEO of GrowthForce , a leading outsourced accounting and controller service provider for businesses. Many individuals who own and operate engineering firms started out as engineers before building their businesses up around the services they provide. When a business is built around a professional providing a service, the engineer must learn business leadership skills to become a functioning CEO as well as an engineer. This means you have to be an engineer, a business leader and business strategist while also understanding financial management practices for commercial enterprises. It's a lot of hats for one person to wear, but it can be done. Understanding The Basics of Cash Flow Cash flow refers to the net amount of money flowing into or out of a business at any given moment. A cash flow statement is a report that shows the cash flow (cash flowing in and its … [Read more...] about Cash Flow Best Practices For Engineering Firms

Share to Twitter Share to Linkedin Businesses the world over will be familiar with the frustration that comes with setting themselves a target and then falling short. The solution may be to focus less on KPIs and more on OKRs, management gurus argue. California-based Profit.co , which is today announcing an $11 million funding round, wants to help more organisations do exactly that. OKRs, for the uninitiated, are "objectives and key results"; they differ from the more-familiar "key performance indicators" (KPIs), in that they describe what the business wants to achieve and how it is making progress towards that goal. KPIs are static measurements – the monthly revenue that the company is generating, say. An OKR by contrast, sets an objective – to achieve a 20% revenue uplift over the next 12 months – as well as defining the key results necessary to get there – perhaps, i this case, the launch of a new product, an expansion into a new market, or … [Read more...] about Sort Your KPIs From Your OKRs: How Profit.co Is Helping More Businesses Hit Their Targets At Last