Data Analytics Is an Essential Step in Current Utility Operations hsauer Wed, 11/16/2022 - 09:47

Leigh Thompson, professor at Kellogg School of Management at Northwestern University, studies negotiations to understand the path to the "sweet spot" where all sides of the table come away happy. And she says there are more pitfalls on that path when more of us are working remotely and online. She shares how to overcome the common traps of virtual negotiations with trust-enhancing hacks such as E-charisma and language style matching. Thompson is the author of the book “Negotiating the Sweet Spot: The Art of Leaving Nothing on the Table.”

Ajay Banga, the executive chairman and former CEO of Mastercard, has spearheaded a strategy focused on serving the previously unbanked via new technologies. During his 11-year tenure as president and chief executive, the company tripled revenues, increased net income six-fold, and saw its market cap rise from below $30 billion to more than $300 billion. He attributes this growth to setting ambitious goals, planning for the long term, and ensuring that all employees and customers feel valued.

Technological development is happening faster than ever and changing our lives in fundamental ways. The companies behind all these new gadgets and services are no doubt the greatest corporate success stories of our age. But entrepreneur and investor Azeem Azhar worries that our public institutions haven't kept pace with the industry, which has created an exponential gap between digital haves and have nots. He offers recommendations on how bridge the divide and achieve growth with broader societal benefits. You can hear more from Azeem Azhar on his HBR Presents podcast, Exponential View.

Alexandra Feldberg and Tami Kim, assistant professors at Harvard Business School and the University of Virginia Darden School of Business, respectively, say companies are overlooking an important place to root out bias: on the front lines with customers. While many firms are promoting a more equitable workforce through their HR functions, too few firms even realize how costly bias can be in everyday interactions between workers and customers. The researchers explain how organizations can identify and address this overlooked problem. Feldberg and Kim are the coauthors of the HBR article "Fighting Bias on the Front Lines."

It's a cliche, but they say it's best to write what you know. That was the case for comedian Sarah Cooper, who rose to viral social media fame in the Trump era through her lip sync TikTok videos. She formerly worked at Yahoo and Google, and she found her way into comedy, in part, by looking at and pointing out the absurdities of corporate culture. She speaks about how humor helped her manage a team, why she took the big risk to quit her job, and how she's navigating the new work world of Hollywood. Cooper is the author of the forthcoming audio book "Let's Catch Up Soon: How I Won Friends and Influenced People Against My Will."

Despite the investments made in the last few years, many companies are falling short of their diversity, equity, and inclusion aims. Some firms have faced difficulty spreading their DEI efforts top-down throughout the organization. Trier Bryant, the cofounder and CEO of Just Work, details why and shares a framework that teams and individuals can use to fight bias on the day-to-day level at work.

The number of women—especially women of color—in leadership ranks at the world’s largest companies remains desperately small. Tina Opie, associate professor of management at Babson College, offers a new practice for women to lift each other up and fight systemic bias in the workplace, something she calls “shared sisterhood.” The idea is to be more honest with each other, forming truer bonds. That involves listening, understanding yourself, and a willingness to take risks. With University of Iowa management professor Beth Livingston, Opie wrote the new book “Shared Sisterhood: How to Take Collective Action for Racial and Gender Equity at Work.”

Generative AI seems to be everywhere right now, but what do you actually need to know? HBR IdeaCast is cutting through the noise in the special series How Generative AI Changes Everything. How will this new technology upend workforce productivity? What impact will it have on creativity and innovation? How can you build an internal culture that uses generative artificial intelligence and adopt it effectively in your organization? What could it mean for your company's strategy? Hosted by HBR editor in chief Adi Ignatius and HBR editor Amy Bernstein, you'll hear directly from the business leaders at the leading edge, as well as experts, who in some cases are questioning the ethics and speed of this rollout. If you want to understand what this technology means for your organization and how you can lead effectively, listen every Thursday in May in the HBR IdeaCast feed, after the regular Tuesday episode.

Companies plan for crises and aim to be resilient and adaptive in the face of all kinds of risks, but it’s always easier said than done. And perhaps none of these threats is as serious as war. That’s what Roman Rodomansky had to prepare his company for. He’s the cofounder and COO at Ralabs, a Ukrainian software development company. As Russia prepared to invade his home country, Rodomansky and his leadership team crafted a plan to survive and keep serving clients. He shares how his firm put people first, communicated with customers, and managed to become resilient. Rodomansky wrote the HBR article “A Cofounder of Ralabs on Leading a Ukrainian Start-Up Through a Year of War.”

How does someone who's been told he will die much sooner than expected find contentment in the time he has left? As a former therapist, cofounder of the Deeper Coaching Institute, and business book author, Mark Goulston has spent his entire career trying to help others manage their emotions, improve their communication, and find the right balance between the personal and the professional. Faced with his own cancer diagnosis, he's been reflecting on lessons learned in his own life, things he and clients wish they'd done differently, and how to both prepare for a "good" death and leave a meaningful legacy. He shares his newfound perspective and his advice for early, mid- and late-career leaders.

What holds many people back from attaining the success they want - whether it's winning an Olympic medal or a seat in the C-suite - isn’t a lack of effort or talent. It’s the fear of other people’s opinions. That’s according to Michael Gervais, a performance expert and founder of the consultancy Finding Mastery. He works with top athletes and executives around the world to help them overcome FOPO and improve their performance and well-being. Gervais is the author of the book The First Rule of Mastery: Stop Worrying about What People Think of You.

The future of AI goes far beyond individuals using ChatGPT. Companies are now integrating artificial intelligence into all aspects of their businesses. One key player in this transition is Nvidia, the AI-driven computing company, which makes both hardware and software for a range of industries. In this episode, HBR editor in chief Adi Ignatius speaks with Nvidia’s CEO and cofounder Jensen Huang at HBR’s Future of Business conference about how he keeps his company agile in the face of accelerating change and where he sees AI going next.

The coauthor of the classic book Getting to Yes has new advice on how to negotiate, designed for a world that feels more conflicted than ever. William Ury, cofounder of Harvard’s Program on Negotiation, has come to learn that the biggest obstacle in a negotiation is often yourself—not your opponent. Ury, who also coined the term BATNA, explains the latest thinking from his research and consulting. He shares his tried-and-true methods for overcoming yourself to negotiate better outcomes at work and in life. Ury wrote the new book Possible: How We Survive (and Thrive) in an Age of Conflict.

Managing technology has never been more challenging. HBR IdeaCast’s new special series, Tech at Work, offers research, stories, and advice to make technology work for you and your team. Listen every other Thursday starting May 2 in the HBR IdeaCast feed, after the regular Tuesday episode.

Managing technology has never been more challenging. HBR IdeaCast’s new special series, Tech at Work, offers research, stories, and advice to make technology work for you and your team. This week: how to prepare your company for the future of spatial computing.

Universal Consulting Opportunities (UCO), a subsidiary of Stellar MLS, has announced an agreement with Arab MLS to enhance its real estate practices across the Arab region and beyond. UCO will advise Arab MLS to further drive efficiency, transparency, user experience and the way people connect with properties, starting with Egypt, Dubai, Kuwait, Bahrain, Qatar, and…

The post Stellar MLS Subsidiary Working With Arab MLS to Enhance Practices in the Arab Region appeared first on RISMedia.

Leading global fashion brands are looking to Asian markets beyond China, with 67 per cent of respondent fashion executives citing promising growth prospects in India in 2025, The State of Fashion 2025 report says. Japan’s luxury boom will likely continue into 2025. But next year will be turbulent for global fashion and a deep sense of uncertainty persists amongst fashion industry executives.

Page Industries Limited has reported revenue of ₹12,463 million (~$147.7 million) in Q2 FY24, a YoY increase of 11 per cent, with sales volume rising 6.7 per cent to 55.2 million pieces. EBITDA grew 22 per cent YoY to ₹2,815 million (~$33.4 million), with a margin of 22.6 per cent. PAT was ₹1,953 million, up 29.9 per cent. For H1 FY24, revenue was ₹25,238 million, growing 7.3 per cent YoY.

India's Textile Minister approved 12 new research projects worth ₹13.3 crore ($0.16 million) under the National Technical Textiles Mission. The projects focus on areas like geotextiles, smart textiles, and composites, led by institutions like IITs and CRRI. Total funding under the Mission now stands at ₹509 crore ($6.11 million). IPR guidelines aim to boost innovation.

Maria shows you how to create a gothic candy bowl project for Halloween with dollar store supplies!

Maria heads to the dollar store for materials for a fun Halloween candy container!

Maria visits her local dollar store to find supplies to finish her Halloween DIY witch's costume!

Looking for holiday gift ideas? Maria's easy Ice Resin earring tutorial may be the perfect gift for someone special!

It's not too late to decorate your porch for Halloween...this quick and easy Halloween pumpkin diorama will make a great weekend project!

Page Industries Limited has reported revenue of ₹12,463 million (~$147.7 million) in Q2 FY24, a YoY increase of 11 per cent, with sales volume rising 6.7 per cent to 55.2 million pieces. EBITDA grew 22 per cent YoY to ₹2,815 million (~$33.4 million), with a margin of 22.6 per cent. PAT was ₹1,953 million, up 29.9 per cent. For H1 FY24, revenue was ₹25,238 million, growing 7.3 per cent YoY.

Guillermo Rodriguez welcomes Samuel Fisher, Co-founder of Green Dispensary Marketing, to discuss effective marketing and SEO strategies for cannabis dispensaries. Samuel emphasizes the importance of building a dispensary’s own digital assets, such as a well-optimized website and strong Google “My Business” profile, rather than relying solely on third-party platforms like Weedmaps and Leafly. He shares...

The post The CannaBiz Success Show: Essential Marketing and SEO Strategies for Cannabis Dispensaries with Samuel Fisher appeared first on Anders CPA.

Kia Design Center America unveiled a funky concept EV van at this week's SEMA show. This PV5 WKNDR is intended to be "an ideal escape pod for extended weekends in nature."

Among its unusual features are a steering wheel that pivots out of the way (sort of), a pivoting passenger seat and a pull-out unit they're calling a "Gear Head:"

The PV5 WKNDR EV VAN features a highly flexible and adaptable modular interior that can be easily and efficiently customized to maximize space and function – akin to a Swiss Army Knife on wheels.

The van's "Gear Head" feature is the first-of-its-kind storage solution that provides an off-board, sheltered storage space for gear when the vehicle is stationary, allowing for maximum utilization of interior space while still offering easy access to gear outside. The "Gear Head" can also be transformed into a mobile pantry for cooking afficionados that want to "Cook with a View".

Truly self-sufficient, the PV5 WKNDR EV VAN features solar panels and unique hydro turbine wheels that can recharge the batteries for many uses. As an example, Kia installed an onboard compressor to handle needs for inflation, from adjusting tire pressure when out on the trail to inflating space efficient mattresses when setting up camp for the night.

Kia's clear that this is purely a concept. "Our vehicles already help people live their active and adventurous lifestyles and it was fun to see just how far we could go with these latest concepts. The SEMA Show acts as a blank canvas for creativity and offers a glimpse into what Kia's automotive future may hold."

Dorel Juvenile is the world's leading juvenile products company. When they wanted to develop a new infant car seat, they turned to Pennsylvania-based ID firm DesignThink.

DesignThink as the Innovation Incubator for the Ultra Lightweight Maxi Cosi Coral XP

A Cold January Day in 2017

The team at DesignThink was asked to visit Dorel Juvenile Group USA to review a "Special Project". The development team at Dorel JG wasted no time introducing us to their latest infant car seat (ICS) project. They were experimenting with the idea of developing a seat that would reduce the struggles parents faced when trying to transition their baby from the car and carry their baby in the removable seat portion of the ICS. The team at DesignThink has designed several car seats over the years and we instantly recognized the unique opportunity, as well as the challenge that this project offered, and were eager and excited to get started.

Our Role as the Innovation Incubator

We partnered with Dorel to act as the innovation incubator to lead the project team through the fuzzy front-end and define the product's overall features and characteristics of use. Upon successful concept definition, the project would be positioned under the Maxi Cosi brand and ultimately transferred to the Maxi Cosi team in Europe and a European design group to carry the innovation to production.

The Problem at Hand

By removing the seat from the base that is installed in the car, parents can take the baby with them while running errands or visiting people and places. However, a problem associated with this system is that some removable seats can weigh up to 16 lbs. and the baby can weigh up to 35 lbs. for a combined arm-crushing weight of 50+lbs.!!

We established two primary goals: 1) reduce the overall weight of the seat to lighten the load, while maintaining structural integrity as to achieve a top crash test rating, and 2) develop new methods that enable parents to more easily lift the seat when moving in and out of the vehicle and when transporting the child in the seat.

Our Approach (Decades of Experience and User Understanding Put to Test)

DesignThink is one of the leading firms in car seat development having brought several seats to the market and has a long history of creating break-through innovation, but this project pushed our team in new ways. The structure for the project utilized DesignThink's simplified "DEEP" process;

Define that for which we will solve

Express possible solutions as quick thumbnail stories

Explain the "what – why – wow" related to user needs

Prototype to demonstrate the merits of the idea

How the Project Unfolded

A series of innovation workshops were hosted at our studio to enable the team to think and problem solve with product at hand. The objective was to think in the "ideal" (do not worry about cost and construction initially) and to "fail fast" (explore, evaluate, and evolve). The following provided the high-level framework for how the team identified and pursued their ideas.

Established Design Targets

Led by our usability team, along with team members from Dorel, we hosted a several day innovation workshop at our studio. We began with a collaborative defining of the design targets based on use, expectations, pain points, and opportunities, which we affinitized and moved directly into physical prototyping to address and evaluate how well the concepts improved the user experience during day-to-day interactions.

DEEP: Innovation Workshops to prototype your idea. You are encouraged to be chaotic and messy! Fail fast! Dorel made sure plenty of product was on hand to fuel the innovation.

Inutitive Carry

Enhanced Confidence

Improved Transitions

Development of Design Targets

Role-Play is the Best Way

To truly understand and empathize with users, we role-played, exploring typical use-case scenarios to inform our ideation. Placing ourselves in the same situations helps us quickly evaluate and improve our concepts.

Handle-Carry:

Evolution for improved ease when attaching the seat to the base and removing the child from the vehicle

Cradle-Carry:

Exploration to improve how parents can bond with the baby in a more natural holding position

Cross-Body Strap:

Exploration to provide alternate ways to carry the baby while reducing the effects of weight and fatigue on the parent

Iterative User Evaluation Cycle

Our early thoughts and ideas were evaluated by the team and with parents in our research lab. These ideas were then refined to strengthen the evolving direction. The learnings obtained through this method enabled the team to focus on the most meaningful directions and build their value. Listening, understanding, and empathizing allowed our team to develop new ideas in this category that were previously unexplored.

DesignThink presents the refined design direction.

A series of prototypes and user evaluations enabled us to reach a stage of concept definition for an ultra lightweight car seat that provides parents with improved ways to carry, hold, and secure their baby.

Our Results

User-Centered Insights lead to Market Defining Solutions

Having developed many juvenile products such as car seats, strollers, and highchairs, DesignThink understands the day-to-day challenges parents face, both physically and emotionally. We embarked on this project with Dorel to define a new car seat with features that take into account those challenges and offer relevant and meaningful solutions. Exploring innovation that is rooted in user insights enabled our team to quickly define those solutions and overcome technical hurdles to deliver new experiences to address real problems faced by parents when using an ICS.

Defining the Direction

As mentioned, DesignThink was hired as the innovation incubator in the fuzzy front-end to develop and define a new architecture for this seat. Our work was documented and handed off to the Maxi-Cosi team in Europe. The output of our innovation incubation became the driving framework used by the teams in Europe to create a truly meaningful and relevant solution for parents in this category.

The DesignThink team is very proud to have been selected by Dorel to play such an important "behind the scenes" role in setting the direction for, and contributing to the success of, the Maxi Cosi Coral XP.

It takes a Village to Design a Car Seat

Snapshot of the iterative concept development that led to the final product

You can see more of DesignThink's work here.

ITMA ASIA + CITME 2025, set for October in Singapore, has nearly sold out its 60,000 sqm exhibition space with strong interest from 731 global tech providers. The event, supported by CEMATEX and CTMA, will showcase innovations tailored for Asia’s growing textile hubs. Key sectors include finishing, spinning, and knitting, highlighting sustainable tech and automation trends.

China’s latest fiscal announcements seem aimed at addressing medium-term structural impediments to economic growth from strained local government finances, but are unlikely to immediately boost or offset deflationary risk, Fitch Ratings said. It expects a budget deficit of 7.1 per cent of GDP this year. It believes fiscal stimulus will remain incremental and responsive to downside risks.

Many small-to-midsize banks and financial institutions are still running on-premise Microsoft Exchange email servers, whether in their own walls, or in the walls of their technology service provider. Microsoft recently announced that multiple hacking groups were targeting Microsoft Exchange servers in coordinated attacks, which could cause a damaging data breach for these organizations. With all...

The post Data Security for Banks and Financial Institutions: Top 4 Myths About Moving to the Cloud appeared first on Anders CPA.

Anders was recognized on Missouri Lawyers Media’s 2021 Reader Rankings list for Forensic Accounting Providers. As one of the top three firms honored on the list, Anders was nominated and selected by the readers of Missouri Lawyers Media in an annual ranking of top businesses and firms in the legal profession. The Anders Forensic and...

The post Anders Named a Top Forensic Accounting Provider in Missouri Lawyers Media 2021 Reader Rankings appeared first on Anders CPA.

The "SNL" comedian Chloe Fineman said Musk made her cry when he hosted the show in 2021. On Sunday, he said "SNL" had been "slowly dying for years."

Thank you Australia! Public helps NFSA restore Proof

Australia donates rare 1920 film to the IFI Irish Film Archive

Peter FitzSimons to discuss race relations in Australia at the NFSA

Countdown to Sounds of Australia; nominate your favourites today!

Features allow enterprises to gain insight from corporate data with graphical categorizations and support for Sharepoint and NAS Environments

PeerGFS improves productivity and availability while minimizing recovery time in disaster scenarios

Qantm AI will incorporate SQream's offerings to streamline data analytics for complex insights across industries

Quadient delivers powerful, reliable, and transformative solutions to drive substantial business value for highly regulated industries

Atlantic.Net?empowers customers to advance offerings through market-leading AI cloud solutions, helping to speed up the adoption of AI compute for software developers and businesses

Mastek's next-gen solution dramatically reduced customer response time

The Stravito enterprise insights platform has enabled Delta to democratize its insights and maximize its research potential, improving the flying experience for customers and employees alike

The FedRAMP designation sets Keeper apart from its competitors as the best-in-class zero-trust and zero-knowledge cybersecurity solution for government agencies

Rosen Hotels and Resorts celebrated a milestone today as it announced plans to build a new skybridge connecting Rosen Plaza, its 800-room convention hotel, with the Orange County Convention Center (OCCC).