DBS continues to be Studied as a Model for Digital Transformation

DBS continues to be Studied as a Model for Digital Transformation

DBS continues to be studied as a transformation role model, with Harvard Business School (HBS) being the latest academic institution to capture the bank’s digital transformation journey in a case study. The DBS case is being taught in HBS’ Master of Business Administration (MBA) programme and its executive education courses by Professor Ranjay Gulati, Paul R. Lawrence MBA Class of 1942 Professor of Business Administration. Gulati was ranked as one of the top ten most cited scholars in Economics and Business over a decade by ISI-Incite. He is also the author of six bestselling books on strategy, organisational effectiveness and leadership in organisations[1]. Gulati said, "Businesses need to transform themselves in order to compete in today’s fast-changing markets. I was interested in studying how DBS transformed itself successfully, and to find out what they did and how they executed it. Through my numerous conversations with the bank’s executives, what came across very strongly were the digital and purpose-focused elements of the transformation and how these permeated every level of the organisation. The willingness from the leadership to resource the change enabled a building up of the workforce’s innovation ‘muscles’ to create a startup culture – quite a feat for […]

Emerging and transformational technologies take center stage at LEAP 2023

Emerging and transformational technologies take center stage at LEAP 2023

Zaid Al Mashari CEO of PROVEN Solution. Arafat Yousef, MEA Managing Director of Nexans Data Network Solutions. Following last year’s success, LEAP 2023 is all set to kick off its second edition from February 6 – 8, 2023 at the Riyadh Front Expo Centre in Saudi Arabia. Launched under the title “Towards New Horizons,” the region’s most anticipated tech conference is expecting over 900 local and international companies and will focus on Artificial Intelligence (AI), robotics, Web 3.0, the Metaverse, Virtual Reality (VR) and Augmented Reality (AR) solutions, green tech and other ground-breaking technologies from all over the world. Saudi enterprises have been quick to embrace and adopt digital transformation initiatives to achieve the goals set forth in the Saudi Vision 2030. Cutting-edge technologies such as analytics, AI automation, and cybersecurity have facilitated and supported this transition. In such an environment, it is crucial that the IT infrastructure supporting this shift is secure and resilient. “We have seen tremendous progress being made in the areas of digital transformation in government, public sector and private sector in Saudi Arabia and the wider GCC region over the last twelve months. Inside Saudi Arabia, immersive technologies are fundamental in training and education […]

Biden-Harris Administration Unveils National Strategy to Advance Equity, Justice, and Opportunity for Asian American, Native Hawaiian, and Pacific Islander Communities

Biden-Harris Administration Unveils National Strategy to Advance Equity, Justice, and Opportunity for Asian American, Native Hawaiian, and Pacific Islander Communities

Senior administration officials, community leaders, and elected officials celebrate the release of more than 30 federal agency action plans to promote safety and equity for AA and NHPIs. WASHINGTON, D.C. – Today, the White House Initiative on Asian Americans, Native Hawaiians, and Pacific Islanders (WHIAANHPI) convened federal government officials and community leaders to mark the release of the Biden-Harris Administration’s first-ever National Strategy to Advance Equity, Justice, and Opportunity for Asian American, Native Hawaiian, and Pacific Islander (AA and NHPI) Communities. At a special virtual event, senior Biden-Harris Administration officials outlined the details of 32 federal agency plans, which build on the Administration’s previous actions to promote safety and equity for AA and NHPIs. Community leaders also discussed additional steps the federal government can take to address critical priorities for AA and NHPI communities, including data disaggregation, language access, and combatting anti-Asian hate. Watch the full event here . WHIAANHPI is also soliciting public feedback on the agency plans here . “From day one, President Biden and Vice President Harris have made clear their commitment to address the needs of underserved communities, including Asian American, Native Hawaiian, and Pacific Islander communities,” said Health and Human Services (HHS) Secretary Xavier […]

The Florida Department of Economic Opportunity Announces Availability of $142 Million to Fuel Small Business Growth

The Florida Department of Economic Opportunity Announces Availability of $142 Million to Fuel Small Business Growth

~ Five Programs Available to Expand Business Development and Continue Florida’s Economic Growth ~ Tallahassee, FL – Today, the Florida Department of Economic Opportunity (DEO) announced that $142 million in new capital is available for small businesses and startups through Florida’s State Small Business Credit Initiative (SSBCI). SSBCI, administered by DEO in partnership with Enterprise Florida, Inc., has five programs to serve small businesses that may not otherwise have access to the capital needed to grow their businesses, including very small businesses and sole proprietors. This multi-year initiative is part of Governor Ron DeSantis’ large-scale effort to prioritize workforce development, cultivate a business-friendly environment, and stimulate aggressive economic growth. To be eligible, businesses must be Florida-based and have 750 employees or less. Funding through Florida’s SSBCI programs may be used to fund start-up costs, business procurement, franchise fees, equipment, inventory, and the purchase, construction, renovation, or tenant improvements of an eligible place of business. DEO encourages Florida-based small businesses to sign up for updates on funding opportunities through SSBCI. “Florida’s SSBCI program connects Florida’s small businesses with opportunities for new capital that they may not otherwise be able to access,” said DEO Acting Secretary Meredith Ivey . “DEO is […]

Clarkies get charged up by a high-Voltage opportunity

Clarkies get charged up by a high-Voltage opportunity

Laura Perez-Garcia, the owner of Voltage Fashion & Styles Boutique, with Da’Vyana Williams ’24 and Leyla Knight ’24. Inside the walls of Voltage Fashion & Styles Boutique in Worcester’s Main South neighborhood, Da’Vyana Williams ’24 and Leyla Knight ’24 got to work. The social media-savvy students filled a much-needed gap for owner Laura Perez-Garcia, enhancing her store’s website by publicizing inventory and revamping her Facebook and Instagram pages with fresh content. Meanwhile, Perez-Garcia shared with the students her wisdom from seven years of small-business ownership, which will assist them as they explore their own entrepreneurship opportunities after college. This educational give-and-take was part of Entrepreneurial Experience, a course designed by School of Management Professor John Dobson that is the culmination of the entrepreneurship and innovation minor . By emulating an “incubator,” or collective workspace, students in the course develop skills like idea generation, collaboration, market testing, and marketing while working directly with established businesses. The learning model feels more like an internship than a traditional class, allowing students to gain valuable hands-on experience before graduation. Leyla Knight ’24 “It was a challenge to carve out time and think critically about how to follow Laura’s dream and support it,” says […]

Public notice: Opportunity to comment on pending amendment to the Metropolitan Transportation Improvement Plan

Public notice: Opportunity to comment on pending amendment to the Metropolitan Transportation Improvement Plan

Comment through 5 p.m. Wednesday, March 1 Requests to submit comments or concerns about this amendment should be submitted to Summer Blackhorse. Metro is required to document funded projects scheduled to use federal funds over the next four years. The current cycle is documented in the 2021-24 Metropolitan Transportation Improvement Program . Metro is in receipt of the proposed MTIP formal amendments: The purpose of this amendment is to make the necessary funding corrections, increases and fund reprogramming to the 2021-26 MTIP. The project submitted for amendment in this amendment includes: Advance the Regional Travel Options program and funding, which implements strategies to help diversify trip choices, reduce pollution and improve mobility. Advance the Safe Routes to School program and funding, which aims to improve the youth’s ability to safely, affordably and efficiently get to and from school by walking, biking and transit. Combine funds to support the Corridors and Systems Planning program, which emphasizes the integration of land use and transportation to determine regional system needs, functions and desired outcomes. Split funds to contribute toward the development of prioritized transportation improvements and the funding strategy for the region’s next priority corridor.

This Valentine’s Day is a post-pandemic business opportunity

This Valentine’s Day is a post-pandemic business opportunity

Valentine’s Day. After two years of various degrees of lockdown, you have developed a good online ordering and delivery service. It’s time to get your share of the jackpot. Restaurants were closed or restricted for a couple of years. Then the world reopened. Many people remain cautious. They offer business potential too. Some might stay in their bubble, but loved ones will expect their better halves to make an effort. Here are 10 gifts they might consider. Which could you deliver through your local retail business? 1. Cards . You have a website. You stock greeting cards. If not, you do now. You put images on your website, observing the legal guidelines. Customers who wear masks and avoid crowds can drive up and collect their cards. This is ideal if you are selling them something already. It’s added business. 2. Candy. We are talking high end chocolates. “Belgian” is a magic word. You tie in with a local chocolate shop. You offer one or two choices on your website. You take orders. They are shipped by the local chocolatier or you do your own fulfillment if they are overwhelmed. You split the profits with your new friend. 3. Flowers […]

Professor’s project aims to grow equity, opportunity for entrepreneurs in former ‘Black Wall Street of the South’

Professor’s project aims to grow equity, opportunity for entrepreneurs in former ‘Black Wall Street of the South’

Telisha Woodfin (left) is one of several Richmond-based business owners working with Elsie Harper-Anderson, Ph.D., an associate professor at the L. Douglas Wilder School of Government and Public Affairs, (right) on how to address the challenges she faces as a business owner. (Photo by David Slipher, L. Douglas Wilder School of Government and Public Affairs at VCU) Elsie Harper-Anderson, an associate professor in the Wilder School of Government and Public Affairs at VCU, is advancing Richmond as a national model for entrepreneurial study and investment. L. Douglas Wilder School of Government and Public Affairs When Elsie Harper-Anderson , Ph.D., thinks about the economics of equitable entrepreneurship, her focus extends beyond economic statistics on equality in urban labor markets.She’s recognized a growing need to reach beyond the numbers and uplift voices by capturing a new type of data — the intersection of the everyday lived experience and the journey of entrepreneurship. What are their day-to-day lives like? What are the unique factors impacting their success? What are their perceptions and concerns within the local business environment? These questions are leading Harper-Anderson, an associate professor at the L. Douglas Wilder School of Government and Public Affairs at VCU, down an uncharted […]

Opportunity International Raises Capital to Help Provide Financial Assistance to People Living in Poverty

Opportunity International Raises Capital to Help Provide Financial Assistance to People Living in Poverty

Opportunity International , a global nonprofit, today announced the successful completion of its three-year Waymaker Campaign , “raising $101 million of philanthropic capital that will leverage over $1 billion in social impact funding from local banks and financial institutions to provide loans, investments and wraparound services to 25 million people living in endemic poverty so they can build their incomes and educate their children.” Opportunity launched the Waymaker campaign in January 2020 “with the goal of raising $100 million to provide $1 billion in loans , investments , training and support to equip families and smallholder farmers living in poverty in 30 countries in the global South with the capital and the skills they need to get jobs, start businesses, improve their farms, build low-cost schools and increase their incomes.” The organization’s focus is “on reaching high-need groups like women, girls and people living in extreme poverty.” Atul Tandon , CEO of Opportunity International, said: “The successful culmination of this campaign during a period of economic uncertainty, global conflicts and a global pandemic is a testament to the passion of our donors and supporters for giving some of the most vulnerable people on the planet a hand-up to build […]

Calendar of events, awards and opportunities

Calendar of events, awards and opportunities

This week: Webinar on inclusive lab culture and onboarding, webinar on NIGMS funding opportunities and the extended deadline for the Deuel lipids meeting Every week, we update this list with new meetings, awards, scholarships and events to help you advance your career. If you’d like us to feature something that you’re offering to the bioscience community, email us with the subject line “For calendar.” ASBMB members’ offerings take priority, and we do not promote products/services. Learn how to advertise in ASBMB Today. Feb. 6: Webinar on inclusive lab culture and onboarding lab members Lab culture influences lab success, so it is imperative for principal investigators to be intentional about onboarding and supporting trainees as well as establishing inclusive and accommodating environments that permit trainees to learn and flourish. Come to this webinar (for ASBMB members only) for a discussion about onboarding and creating inclusive, welcoming environments for research teams. You need not be a PI already; postdocs and others who plan to one day lead labs are encouraged to attend. Learn more. Feb. 8: Webinar about NIGMS funding and training opportunities The ASBMB public affairs team is hosting a webinar with the National Institute of General Medical Sciences on […]