The Gist People first. People are the most critical factor in successful digital transformation initiatives. Strategies for change. Establishing a change agent, communicating the benefits of change to employees and being prepared to make hard decisions are essential strategies to consider. Align customer and employee experiences. A positive human experience is key to a successful digital transformation, and it’s essential to align customer and employee journeys. When we talk about digital transformation, it often leads to a discussion about technology. That’s understandable, as technology is a powerful and essential part of any digital transformation initiative. But the fanciest tools and technology in the world achieve nothing without people, meaningful interactions and processes. The most critical people for digital transformation are, of course, your customers, who are a guidepost for your transformation goals. It’s a common mistake to only look externally at your customers and the experience they have. Many times, tackling the employee experience is equally if not more important, as employees are critical customers to your success. Other internal players include senior leadership, who must set the course and manage expectations throughout the organization, as well as key personnel critical for adoption and scale and those who can […]

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The BMW Group is a company on the move and has turned to BrightSign (opens in new tab) media players to drive in a new digital focus for internal communications. With a longstanding reputation for innovation, it is now also undergoing a shift to carbon-neutral production and a digital transformation of its sales and marketing functions. BMW has long trusted BrightSign with a worldwide network effective, flexible, robust, and scalable digital signage systems in place for nearly a decade. This network continues to grow rapidly, and the level of investment has continued at a steady rate. "This exceptionally large deployment of BrightSign players has helped BMW Group transform the way it conveys practical information to its employees all over the world and it is continually expanding," said Pierre Gillet, vice president of international sales at BrightSign. "This is a perfect example of how updated digital signage solutions can contribute to the overall smooth running of a large organization.” [Digital Signage on the Go] (opens in new tab) Increasingly Diverse Content Initially, BMW Group was showing only static images and videos but in the last five years, there has been a big increase in the requirement for dynamic content such […]

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Cybersecurity is a critical aspect of digital transformation projects as it protects organisations’ digital assets, intellectual property and customer data. The rapid development of digital technologies has significantly changed security perspectives and increased the risk of cyber threats. The nature of cyber threats and attacks has changed, and cyber attacks are now more frequent, complex and target-orientated. As digital transformation projects involve the adoption of new technologies and the integration of digital systems, cybersecurity has become a board-level issue for organisations. Gartner: important cybersecurity predictions for 2022-23 Specific to this issue, Gartner has made some predictions about the future of cybersecurity: by 2023, modern data privacy laws will cover the personal information of 75% of the world’s population. In 2024, organisations that adopt a cybersecurity network architecture are expected to experience a reduction in the financial costs of security incidents by 90% on average. By the following year, 30% of organisations are projected to have cloud-based Secure Web Gateway (SWG), Cloud Access Security Brokers (CASB), Zero Trust Network Access (ZTNA) and Firewall as a Service (FWaaS) from a single vendor. By 2025, 60% of organisations will utilise cybersecurity risk as a key factor in determining third-party transactions and business […]

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Pharmacy Times® interviewed David Dalton, PharmD, CEO of Univec and advisory board member of IR-Med, on how health technology advancements can progress issues pertaining to health inequities and social determinants of health. Pharmacy Times: What are some of the health tech tools on the market today that are uniquely able to progress efforts in health equity? David Dalton, PharmD: Well, from my perspective it’s AI that [poses] significant advancements that’ve been made with medical devices, along with increasing access to technology, ie, telehealth, is in the forefront. As an example, one of the companies that most recently moved their medical device in a significant area is the company IR-Med, which has a medical device that identifies decubitus ulcers in nursing homes with individuals who are of darker skin. Right now, about 20 to 25% of those conditions are missed, or detected so late that the ulcer has to be treated more extensively, so that technology is wonderful. Second, technology is just the access to telehealth. Telehealth has been able, in my opinion, to give preventive care, access to higher rates of diseases that are diagnosed faster compared to yesterday, and it’s very accessible to the general population, for the […]

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March 2, 2023 – New research from Environmental Defense Fund finds that part of California’s forest carbon crediting program has overestimated the amount of carbon storage attributable to the program in one ecologically diverse region. The research , published February in Ecological Applications , offers new insights and opportunities for strengthening the integrity of temperate forest carbon credits by accounting for differences in forests’ geography and tree species composition. It builds on previous work that raised concerns about the risk of over-crediting in the first generation of forest carbon projects under the California program. "Using this research, we can continue to refine methodology to ensure that forest carbon credits truly represent carbon storage that goes beyond business-as-usual forest management,” says Nina Randazzo, an EDF postdoctoral fellow and the study’s lead author. Establishing a baseline In the California cap-and-trade carbon market, improved forest management (IFM) projects generate carbon credits if their carbon stocks are greater than a baseline, encouraging management that allows for greater carbon storage. This baseline is informed by an average of the carbon density of privately-owned forests in the same region and general forest type. However, these general forest types include a wide variety of environments and […]

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Source: Unsplash The job market is seeing rising demand for experienced professionals, while the search for young talent is stagnating as yet another K-shaped curve seems to be emerging. In times of hiring correction, increasing demand for senior professionals with over 12 years of experience continues to dominate, while remaining flat for freshers and mid-experience level professionals, according to a Naukri Jobspeak report for January 2023. ADVERTISEMENT Hiring for those with over 16 years of experience grew by 29% in January 2023, while hiring for those with 0-3 years of experience saw no change from a year ago. "We are seeing an uptick in demand for professionals who are masters in certain skills," said Sashi Kumar, India sales head at Indeed. ADVERTISEMENT Demand for professionals with 0-3 years of experience registered 4% growth in hiring activity over the last three months, Sekhar Garisa, chief executive officer at Foundit, said in a note. To be chosen, the candidate must tick all the right boxes to be "on the organisation’s requirements gravity", he said. The trend is transient and is unlikely to continue for a protracted period of time, Kumar said. IT Leads The Drag In Fresher Hiring While a lot […]

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Abigail Favale This post is Part 2 of our coverage of a theological conversation in America about the Vatican’s then-Congregation for Catholic Education’s (CCE) 2019 instruction ​​ Male and Female He Created Them’: Towards a Path of Dialogue on the Question of Gender Theory in Education . See Part 1 for more of the conversation last year. America recently invited two Catholic theologians back to continue a conversation about gender identity, which they began in the same publication late last year. Abigail Favale, a professor at the University of Notre Dame, and Elizabeth Sweeny Block, an associate professor of moral ethics at St. Louis University, picked up their conversation by discussing of Pope Francis’ pastoral meetings with transgender people . Favale points out that Francis’ record on transgender rights also includes many public indictments of “gender theory” as a form of “ideological colonization.” She observes that “more than any other pope or Vatican office, Francis has offered direct and forceful challenges to the framework of gender theory.” Favale identifies Francis’ approach on transgender issues as two-fold: a “ministry of teaching” through which he writes and speaks about Catholic anthropology and critiques “gender theory”; and a ministry of pastoral accompaniment, […]

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Domino’s Pizza stock was sinking Thursday after the company lowered its retail sales outlook as macroeconomic pressures have hit its delivery business. Domino’s (ticker: DPZ) said Thursday it has continued to experience ongoing macroeconomic headwinds in the U.S., which led to “significant pressure on our U.S. delivery business in 2022.” The pizza maker now expects global retail sales growth of between 4% to 8% in the next two to three years. The company previously expected retail sales growth of between 6% and 10%. Already a member? Sign In Retail Earnings Indicate Unclear Outlook. Why the Fed Needs Consumers to Cut Back. March 1, 2023 6:11 am ET Order Reprints Print Article Getty Images Target’s stock managed to get a bit of a bump yesterday after the retailer reported stronger-than-expected fourth-quarter earnings. But the shine was starting to come off by the end of the day, at least in part because the guidance was weaker than anticipated. There’s a general confusion about what’s going on with consumers. Everyone has been expecting a slowdown. But spending has held up well when confronted with the fastest inflation in a decade, rising interest rates, and a miserable housing market .

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Ford filed for a patent for a system that would allow a car to cause "discomfort" to a driver late on payments, even by going as far as to lock the owner out and repossess itself. Ford wants to patent a system that would let cars repossess themselves if drivers miss payments. At first, the cars would lose the use of features like GPS, air conditioning, and the radio. If the owner still skips payments, the car could lock them out and drive itself to a repo agency or even a scrapyard. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . Ford’s latest patent application shows a bizarre new way that cars could be repossessed in the future if their owners don’t make payments on time. The patent application , first reported by The Drive , was filed in August […]

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The news: Goldman Sachs is considering selling or restructuring part of its consumer business as it recovers from the expensive, loss-generating digital bank venture Marcus , per Business Insider. Mixed signals: CEO David Solomon admitted the bank’s attempt to attract main street consumers didn’t go as planned at the bank’s 2023 Investor Day. He hinted at a reorganization or sale of the bank’s consumer lending business, but other executives discussed a path to profitability for the unit. When asked for clarification, Solomon said the bank is “looking at all strategic options available" and “executing on what’s in front of us.” Strategic options: Goldman has a few courses of action it could take, according to industry analysts. Solomon didn’t specify which parts of the consumer business might be sold, but potential buyers could include major credit card companies and consumer lenders, according to an analyst at Fitch Ratings. The bank could also bring in a majority-controlled partner to run the unit, per a researcher at CFRA Research. Or, Goldman could push forward. Its Platform Solutions unit, which contains specialty lending unit GreenSky and the Apple and GM credit card partnerships, is forecast to break even by 2025, according to the […]

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