What Makes The Estée Lauder Companies (EL) an Attractive Opportunity?

What Makes The Estée Lauder Companies (EL) an Attractive Opportunity?

ClearBridge Investments , an investment management company, released its “ClearBridge All Cap Growth Strategy” fourth quarter 2022 investor letter. A copy of the same can be downloaded here . In the fourth quarter, the strategy outperformed the Russell 3000 Growth Index benchmark. The strategy gained in seven of the nine sectors in which it was invested in the quarter on an absolute basis. Healthcare and industrials sectors were the primary contributors while the consumer discretionary sector detracted from performance. In addition, please check the fund’s top five holdings to know its best picks in 2022. ClearBridge All Cap Growth Strategy highlighted stocks like The Estée Lauder Companies Inc. (NYSE: EL ) in the Q4 2022 investor letter. Headquartered in New York, New York, The Estée Lauder Companies Inc. (NYSE:EL) is a skincare, makeup, fragrance, and hair care products manufacturer. On February 28, 2023, The Estée Lauder Companies Inc. (NYSE:EL) stock closed at $243.05 per share. One-month return of The Estée Lauder Companies Inc. (NYSE:EL) was -13.44%, and its shares lost 16.69% of their value over the last 52 weeks. The Estée Lauder Companies Inc. (NYSE:EL) has a market capitalization of $86.822 billion. ClearBridge All Cap Growth Strategy made the […]

Must Read: New Trends for Digital Transformation in 2023 – Value Stream Management

Must Read: New Trends for Digital Transformation in 2023 – Value Stream Management

Recent survey results offer compelling proof points of the power of Value Stream Management. Discover the advantages of having or adopting a Value Stream Management practice in 2023. Credit: GettyImages For many of today’s global enterprises, it’s a struggle to adapt quickly to emerging challenges. With supply chain issues and the impending recession, digital transformation remains a pressing strategic imperative. However, key digital transformation milestones remain out of reach for far too many teams. To make real strides in each of these areas, Value Stream Management (VSM) has emerged as an urgent demand. Earlier this year, Broadcom commissioned extensive industry research to learn how VSM adoption is evolving and which key trends are emerging in 2023. Conducted by Dimensional Research, this survey polled more than 500 IT and business leaders. Respondents came from five continents and represented a wide range of industries. The findings from this survey are now available in a report entitled “ 2023 Value Stream Management Trends .” We’ll offer critical insights from this report in the following sections. #1. Enterprise leaders are more focused on the customer than ever When asked about their top strategic business focus for 2023, 58% of respondents cited “increasing customer […]

Digital Transformation

Digital Transformation

Bringing the National Museum of African American History and Culture to the world Created in partnership with design firm Fearless, the institution’s Searchable Museum provides a digital replica of the physical museum enabling even those with low-latency tech to tour exhibits and offerings. By Paula Rooney 28 Feb 20238 minsCIO 100Government ITDigital Transformation Tip 5 measures to gauge your digital portfolio maturity

Why digital transformation and net zero should go hand in hand

Why digital transformation and net zero should go hand in hand

Huawei is using high-density designs, system convergence and data deduplication and compression technologies to build a new generation of green data centres New technologies such as fibre networks are helping the EU and other regions decarbonise and improve digital access Europe is in the middle of two unprecedented economic transformations. The European Commission plans to make the region more energy independent by 2030 and at the same time undergo a digital revolution. The two transformation processes are deeply interlinked. There are two key areas where the ICT sector can enable emissions reductions. The first is in the ICT sector’s own operations. While the sector contributes approximately 2-2.5% of global GHG emissions, mainly from connected devices, data centres and networks, it is a leverage point that can be exploited to achieve significant emissions reductions. Accenture estimates that the widespread adoption of ICT-enabled solutions in various industries could offer the potential to meet 15-20% of the EU’s headline goal to reduce emissions by 55% by 2030. The second area is in enabling other industries to perform more efficiently. According to GeSI’s SMARTer2030 report, the adoption of ICT solutions such as fibre networks could help reduce manufacturing emissions. Actions happening now Telecommuniciations […]

Industry leaders expect continued demand for digital transformation despite cost-cutting measures

Industry leaders expect continued demand for digital transformation despite cost-cutting measures

Clients have not yet paused their digital transformation journeys and near-term demand is expected to continue, industry leaders said, despite a focus on cost-cutting and reprioritization of spending globally. They were speaking at the Nasscom technology and leadership forum 2023 in Mumbai on Monday. Global thought leaders and CXOs said the future will be increasingly driven by human and AI interactions, which will enable enterprise spending on technology. Enterprises are working closely with service providers to build long-term solutions for supply chain visibility which become even more critical during an uncertain economic environment, Sriram Krishnasamy, the chief executive of FedEx Dataworks, said during a conversation with Krishnan Ramanujam, the chairperson of Nasscom. “A physical-first company should also think about integrating a digital mindset but not implement technology for technology’s sake; identify the problem first, the tech will follow,” Krishnaswamy said. Collaborating with service providers to improve and automate supply chain visibility is essential for businesses, he added. Long-term macroeconomic factors such as change in demographics, decarbonisation and reconfiguration of supply chain will result in additional technology spending, George Schindler, chief executive of Canada-based IT services firm CGI, said. “In the world, there are more people retiring than entering the […]

United States recommends new initiative in digital transformation inside Africa

United States recommends new initiative in digital transformation inside Africa

Africa’s digital ecosystem offers massive potential to spur economic recovery, promote opportunity, advance social equality and gender equality, and create jobs At the US-Africa Business Forum in Washington, DC, as part of the US-Africa Leaders Summit, President Biden announced the launch of a new Digital Transformation with Africa, DTA initiative. A signature initiative of the Biden-Harris Administration, DTA will expand digital access and literacy and strengthen digital enabling environments across the continent. Working with Congress, this initiative intends to invest over $350 million and facilitate over $450 million in financing for Africa in line with the African Union’s Digital Transformation Strategy and the US Strategy Toward Sub-Saharan Africa. Africa’s digital ecosystem offers massive potential to spur economic recovery, promote opportunity, advance social equality and gender equality, and create jobs. Africa’s digital transformation has opened new markets for US exports and services; deepened partnership among African governments, the US private sector, educational institutions, and the African diaspora; and increased productivity, competitiveness, and e-government service delivery. With new technologies transforming the way Africans live and work, DTA will foster an inclusive and resilient African digital ecosystem, led by African communities and built on an open, interoperable, reliable, and secure internet. This […]

Do you have the right digital transformation partner?

Do you have the right digital transformation partner?

The average success rate of enterprise digital transformation (DT) has been persistently low over the years. Though a comprehensive approach toward digital transformation is the secret to lasting change, recent reports indicate that 88% of IT leaders saw user behavior driving DT projects rather than business cases. As a result, organizations have reportedly wasted around $4.12 million on an average on failed DT endeavors over the past year. So, why do DT efforts fail even working alongside experienced partners? The curious case of missing transformations As established, digital transformation payoffs continue to underwhelm the majority of enterprises undertaking them, even with experienced transformation partners in tow. And even though there are several intrinsic factors behind these, one of the most basic reasons includes – the misalignment of goals between enterprises and the transformation partners they choose to work alongside. In many cases, they collectively fail to find the perfect blend of technology and business-focused aspects of transformation that ultimately drives larger objectives and goals. Often transformation partners and business leaders are not on the same page when it comes to drivers, vision, priorities, technology selection, or investments. The root cause of this misalignment might be different, but IT might […]

How Saudi's healthcare systems approach digital transformation

How Saudi’s healthcare systems approach digital transformation

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Converge, Korea’s KT plan digital transformation tie-up

Converge, Korea’s KT plan digital transformation tie-up

DAVID ARROWSMITH-UNSPLASH LISTED fiber internet provider Converge ICT Solutions, Inc. and South Korea’s KT Corp. signed a memorandum of understanding (MoU) that aims to support digital transformation in the Philippines. “This potential partnership with KT will allow us to co-innovate and deliver advanced technologies suited for the needs of Philippine businesses, especially small and medium enterprises,” Converge Co-Founder and President Maria Grace Y. Uy said in a statement. In a press release, the company said that the signed MoU dated Feb. 27 will allow KT to extend digital tools and innovations to enterprises in the Philippines. Also covered in the MoU is the plan of pursuing digital transformation solutions in the Philippines such as a cloud-based surveillance solution called Video Surveillance as a Service and transportation management technology Mobility as a Service. “We are one with Converge in championing digital democracy to improve the lives of their customers and we hope that through this venture, we could contribute further to the advancement of other industries in the Philippines,” KT Chief Executive Officer Ku Hyeongmo said. Meanwhile, Converge Chief Executive Officer and Co-founder Dennis Anthony H. Uy said the company will continue to “co-innovate” with its partners to empower local […]

Goals Ventures Founder Aubrey Flynn Invests in Brands With the Power of Digital Transformation

Goals Ventures Founder Aubrey Flynn Invests in Brands With the Power of Digital Transformation

Goals Supply Founder Aubrey Flynn / Photo Credit: Tori Howard Digital strategist and advertising veteran, Aubrey Flynn, built a community of over 550 small businesses. Now he’s created his own brand infused with a streetwear athleisure collection inspired by a transitional lifestyle, and a seven-figure, profitable software company for entrepreneurs, fueled by a goal to multiply ownership in the Black community. A student first A product of south side Jamaica, Queens, NY, Flynn was well aware that technology was his route. It all began at the University of Florida. He was a self-taught technology student who dedicated his time to working on fashion and learning business simultaneously. But it was his career-defining experiences that helped catapult his vision into entrepreneurship. In fact, while Flynn harnessed his passions in marketing within the business and media in advertising industry, he was inspired by Sean Combs ‘ journey leading up to the rapper’s 2015 CDFA award win. “My career really started off as an intern for Sean Diddy Combs,” Flynn said. “I learned from Puff Diddy, ‘No excuses. Just let’s go. Let’s get it done.’” Combs’ Sean John line made the velour tracksuit popular, and it’s still one of the most iconic […]