TULSA, Okla. – The City of Tulsa is reorganizing by moving six offices into a newly created department. The new Department of City Experience ( DCE ) will focus on design and community development on a neighborhood level, Tulsa Mayor G.T. Bynum said. Mayor Bynum said this move will allow Tulsans to collaborate with the DCE and create a better future for the city. The DCE will include Community Development and Housing, City Design Studio , the Mayor’s Office of resilience and Equity (MORE) and three other offices. The city said the merge will also reestablish the Public Works Department to focus on improving street construction and maintenance. The City of Tulsa is a little behind because most cities across America already operate this way, Mayor Bynum said. “The goal here is to streamline processes and to put the citizens of Tulsa and good design at the front end of every project that we do,” Mayor Bynum said. “And then to have the people who do that design and engineering work, working alongside their colleagues at the city who are responsible for actually implementing all the work." The reorganization will take place July.
Saurabh Mukherjea’s chemical stock dips after Q3 results. Opportunity to buy?
According to stock market experts, GMM Pfaudler stocks are falling today due to the weak quarterly results announced yesterday. They said that the stock is a quality stock and belongs to one of the three Saurabh Mukherjea’s Little Champ stocks. So, this dip can be a good opportunity for positional investors who have a long term horizon. However, they advised investors to wait for breakout expected at ₹1,700 apiece levels or at ₹1,250 support leve as the stock is trading in this ₹1,250 to ₹1,700 per share range. Speaking on the reason for dip in GMM Pfaudler shares, Anuj Gupta, Vice President — Research at IIFL Securities said, "This Saurabh Mukherjea’s Little Champ stock has fallen today because the chemical company has reported its Q3 results yesterday, which is below the estimates of Dalal Street. However, the stocks is a quality stock and it is close to its 52-week low as well. So, bottom finishers looking to add quality stock in its portfolio are advised to look at this buy on dips stock for long term." Advising long term investors to wait for more clarity in trend, Ravi Singhal, CEO at GCL Broking said, "GMM Pfaudler shares are in […]
Powell and Lagarde missed out on the opportunity to talk up markets towards their monetary policy paths
Markets It didn’t quite turn out how we expected it to be. Especially on bond markets. Fed Chair Powell and ECB Lagarde missed out on the opportunity to talk up markets towards their envisioned monetary policy paths . In case of the US, we follow some of Powell’s “caution” given the absolute level of the policy rate and the fact that core inflation starts showing signs of coming down. Nevertheless, market pricing still doesn’t stroke with Fed intentions to deliver multiple rate increases (2 times 25 bps as envisioned in December dot plots). In case of Europe, we are totally flabbergasted by the bond rally seen yesterday , even as ECB Lagarde during the Q&A initially reluctantly, but later on more decisively, pushed back against the notion of hitting a potential peak rate (soon) after March and against the idea of cutting back rates soon after. EMU core inflation is still rising and the ECB wants to be absolutely sure that inflation is back at 2% – “not just for weeks or even months” – before reversing the current course. Our longer term view remains bearish on especially European bonds , but we acknowledge that short term momentum could […]
Teacher Retirement System of Texas Purchases 42,074 Shares of Retail Opportunity Investments Corp. (NASDAQ:ROIC)
Retail Opportunity Investments A number of research analysts have recently commented on ROIC shares. TheStreet downgraded shares of Retail Opportunity Investments from a "b-" rating to a "c+" rating in a research report on Tuesday, October 25th. Raymond James downgraded shares of Retail Opportunity Investments from an "outperform" rating to a "market perform" rating in a report on Wednesday, January 4th. BTIG Research downgraded shares of Retail Opportunity Investments from a "buy" rating to a "neutral" rating in a report on Wednesday, January 11th. Finally, assumed coverage on shares of Retail Opportunity Investments in a report on Wednesday, October 12th. They set a "hold" rating for the company. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. Based on data from MarketBeat.com, Retail Opportunity Investments currently has an average rating of "Hold" and a consensus price target of $17.00.
Is There Now An Opportunity In Heidrick & Struggles International, Inc. (NASDAQ:HSII)?
Source: Shutterstock Heidrick & Struggles International, Inc. ( NASDAQ:HSII ), might not be a large cap stock, but it received a lot of attention from a substantial price increase on the NASDAQGS over the last few months. As a small cap stock, which tends to lack high analyst coverage, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value. Is there still an opportunity here to buy? Let’s examine Heidrick & Struggles International’s valuation and outlook in more detail to determine if there’s still a bargain opportunity. What’s The Opportunity In Heidrick & Struggles International? The stock seems fairly valued at the moment according to my valuation model. It’s trading around 11% below my intrinsic value, which means if you buy Heidrick & Struggles International today, you’d be paying a reasonable price for it. And if you believe that the stock is really worth $36.91, then there isn’t much room for the share price grow beyond what it’s currently trading. What’s more, Heidrick & Struggles International’s share price may be more stable over time (relative to the market), as indicated by its low beta. Can we expect […]
Improving Digital Transformation By Deploying Technology The Right Way
getty “Rollout” is a term that is often used to describe the process of introducing new technology into the workplace. The human resources department will roll out a new employee rewards platform, or the sales department will roll out a new CRM platform. When this happens, affected employees will typically get an email with a link, a temporary password and a deadline by which they must log on. It’s interesting to note that “rollout” is an aeronautical term that refers to the slowdown process a plane experiences after landing, resulting in a state of rest on the runway. That definition of the rollout is not what organizations shoot for when they roll out new technology, though it is often what they achieve. Rather than building excitement, gaining momentum and getting a new tech tool off the ground, rollouts often result in confusion, frustration and an overall lack of engagement. The problem with technology rollouts—which play a big role in the overall success of an organization’s digital transformation process—is that they are not people-first. In fact, too many digital transformation initiatives are tech-first, people-second. They focus on the tool and what it can do rather than on the value it […]
How Digital Transformation is Driving Retail Customer Experience
Digital transformation is the strategic adoption of various digital technologies, used for improving processes, productivity, enhancing customer care, improving employee experience, managing business risks and helping control costs. It is used to represent various tools, solutions and processes for developing customized, effective digital strategies for different organizations, and is essential for an organization to stay competitive in the modern business landscape. Digital transformation in retail can include a range of business opportunities that can focus on multiple technologies and strategies. It refers to the creation of new and innovative business models that can take advantage of the digital technologies to pursue new and improved revenue streams and new business models. Some Digital Transformation Stats A report suggests that 63% of retailers expect to spend more on business intelligence and data analytics and 35% on artificial intelligence. A study has found that 70.7% of retailers agree on digital transformation being an essential part of retail strategy. The Covid-19 pandemic sped up the digital transformation efforts by 97% . Photo by Luis Benito on Unsplash Role of Digital Transformation in Enhancing Customer Experience Consumers have more choices today than ever before, increasing the stakes for businesses to deliver innovative products and […]
Why digital transformation and non-financial reporting go hand in hand
The Big Picture Crowdsource Innovation Digital transformation is often inspired by a broader purpose that goes beyond an organization’s immediate commercial success. In the Information and Communications Technology (ICT) world, customers increasingly cite ESG as part of the criteria for selecting vendors. "New IT", which includes innovations such as edge computing, can make ESG more effective and efficient, while ESG goals can be embedded in New IT now as it develops. Digital transformation and ESG are two prominent and high-priority topics in the business community globally. The first focuses on applying technology throughout the value chain to produce faster, smarter and more desirable business outcomes. The latter emphasizes the broader value a business is expected to create for its stakeholders from an environmental, social and governance perspective. These two goals can – and should – go hand-in-hand in today’s stakeholder economy. Have you read? To start, digital transformation is often inspired by a broader purpose that goes beyond an organization’s immediate commercial success. This is particularly true for the tech industry because of its power to bring profound and breakthrough changes to the way people live, work and play. It has perhaps been most evident and relevant during the […]
The Next Impact Talks Presents: Digital Transformation: Closing the Digital Gap in Higher Education
The COVID-19 pandemic significantly impacted many facets of higher education, including the rapid adoption of digital technologies and the shift in expectations around a more personalized and accessible student experience. In the face of unprecedented challenges, colleges and universities are being called upon to rethink the traditional way of doing business, and to implement new practices that align with today’s technology-enabled and technology-driven world. Digital transformation is "a series of deep and coordinated culture, workforce, and technology shifts that enable new educational and operating models and transform an institution’s operations, strategic directions, and value proposition" [ Educause ]. With increased digital capabilities comes a more engaging learning environment, greater opportunities for advancing academic research, better student experiences and outcomes, and a more agile organization poised to adapt and thrive during challenging times. Seton Hall University’s digital transformation began long before the pandemic with the launch of one of the first mobile computing programs in the U.S. in 1997. Since then, Seton Hall continues to be recognized as a leader in the use of cutting-edge technology to support research and education. The consumerization of information technology has changed the way that students want to learn, and faculty want to teach. […]
Achieve Data Mastery Before Tackling A Digital Transformation
Matt Elenjickal, the Founder and Chief Executive Officer of FourKites FourKites Matt Elenjickal, the Founder and Chief Executive Officer of FourKites, has pointed out that “data is the raw fuel of a digital transformation.” But it must be quality data! “Just as any chef will tell you that anything less than the best quality ingredients can render a dish inedible, so too, bad data can turn any data-driven IT effort sour.” When enterprise implementations take longer than expected, almost all do, the amount of time needed to clean up the data is often the leading factor. When the performance of enterprise systems becomes degraded, it is often because the parameters used in the systems are no longer accurate. This is also a data issue. Master data management (MDM) as a critical performance driver for the enterprise. What is Master Data Management? Master data management is the discipline in ensuring data is accurate, accessible, and up to date. Unfortunately, for many departments, the necessary data to operate effectively comes from across the enterprise, it is not generated inside that department. APQC and the Digital Supply Chain Institute (DSCI) have conducted best practice and benchmarking research on MDM. APQC is a […]