In the past, corporate espionage and theft of intellectual and physical property were among the top security concerns for businesses, now the Internet of Things has its own security threats, and with net connectivity championing most of today’s business functions, the risk is high.
This month, executives of kitchen appliance manufacturer Whirlpool came forward and apologized for not opting to recall fire-prone dryers they had been selling for the last decade or so.
Loyalty schemes have become ubiquitous in modern business, largely because they can be implemented in some form within almost every industry. However, questions remain over the most effective way to run such a scheme.
Rapid advances in technology, changing attitudes to work, plus multigenerational and diversity trends are all contributing to a cultural shift in the workplace.
In a digital economy, the future role of CEO and CTO will be more closely intertwined as we see an increasing synergy between technology and business growth.
Many entrepreneurs are now starting to create online businesses that rival physical stores due to the lack of need for premises, the ease of selling products online, and new revolutions in marketing.
We are squarely in the age of ‘wokeness’ - the state of being aware and motivated by problematic norms, systemic injustices and the overall status quo.
There is a phrase in the world of business that often gets thrown around prior to a big decision, it goes: “The bigger the risk, the bigger the reward,” and successful entrepreneurs often dabble with these risks if they’re to get to the higher levels of prestige in business.
Understanding employees and what drives them to be productive is a difficult challenge most businesses today are faced with. According to research reports, millennials are increasingly ambitious but lack the motivation to progress in a employed career.
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