ET Digital Transformation Program: Learn from industry leaders on how to take your manufacturing business to the next level, Register Now

ET Digital Transformation Program: Learn from industry leaders on how to take your manufacturing business to the next level, Register Now

The Economic Times has announced the schedule for its ‘Digital Transformation for Manufacturing’ course that will focus on Industry 4.0 also known as the Fourth Industrial Revolution and the role of artificial intelligence in manufacturing. The Economic Times has announced the schedule for its ‘Digital Transformation for Manufacturing’ course which is designed to help manufacturers stay competitive in today’s rapidly changing business landscape. The six-week program being conducted in partnership with NASSCOM Center of Excellence – IOT & AI and Indian SME Accelerator Network (ISAN) would help equip the Micro,Small and Medium Enterprises (MSMEs) from the manufacturing sector with the capabilities necessary to leverage the advanced technologies such as Artificial Intelligence (AI), Internet of Things (IoT), Augmented Reality (AR). The course will focus on Industry 4.0 also known as the Fourth Industrial Revolution and the role of artificial intelligence in manufacturing. Experts will also train participants about the ethical and legal considerations that come with implementing AI in the workplace. The by-invite program which will be free for selectees will also cover the Internet of Things and its potential to transform manufacturing operations. REGISTER FOR FREE . One of the key takeaways of the course will be the importance […]

Retailers, Here’s The Secret Sauce To Enhanced Delivery Experiences

Retailers, Here’s The Secret Sauce To Enhanced Delivery Experiences

getty The quest for excellence in last-mile delivery has been plaguing retail and e-commerce businesses for as long as we can remember. Regardless of the many technological advancements, changing customer behaviors have given rise to various new challenges for organizations. While optimizing the last mile with technology has helped smoothen an otherwise bumpy journey for brands, they still need to cater to customers’ need of the hour: on-time and convenient deliveries. A whopping 85% of EU online shoppers say that a poor delivery experience would keep them from ordering from that retailer in the future.Customers’ expectations continue rising, and a wide variety of product selections and competitive pricing just aren’t going to cut it for retailers. Consumers today need to be wowed at the post-purchase experience stage, which involves not just faster deliveries but a whole new level of customization and personalization. This can only be enabled by retailers adopting digital transformation for their last-mile logistics. (Full disclosure: My company offers solutions in this space, as do many others.) Through advancement in last-mile technology, we now have solutions to cater to almost all customer demands, and many retailers are pulling out all the stops to delight customers. But innovations […]

Global Digital Transformation Leader Nortal Appoints Elizabeth Kiehner as the first Chief Growth Officer

Global Digital Transformation Leader Nortal Appoints Elizabeth Kiehner as the first Chief Growth Officer

NEW YORK, Jan. 23, 2023 (GLOBE NEWSWIRE) — Nortal, a multinational strategic change and technology company, announced the appointment of Elizabeth Kiehner as the first Chief Growth Officer and a member of the Global Leadership Team to spearhead global marketing, sales and account management, and new business development and strategic partnerships. Based in NYC, she will represent the company’s North American operations in Kirkland, Washington, as well as Nortal’s entire global footprint and portfolio. “Over the past years, we have consistently shown 30% organic annual growth and invested heavily in our ability to deliver measurable value. Regardless of the economic cycle the demand for our core value proposition remains strong and we just need to increase visibility globally to tell our stories and have more meaningful conversations with future customers,” said Priit Alamäe, Founder and CEO of Nortal. “Elizabeth is a strong leader with a breadth of experience in the global technology services space and an impressive record of accomplishment in driving year-on-year growth. Her leadership experience from a Fortune 500 company to a renowned, non-profit hospital gives her the agility to adapt to diverse cultural and market environments,” added Alamäe. “I am glad to join Nortal to scale […]

Batteries Plus embarks on a digital transformation

Batteries Plus embarks on a digital transformation

Provided Batteries Plus is on a mission in 2023. The quest is all about enhancing the customer experience by reinventing the online shopping experience, fostering deeper relationships with customers and boosting e-commerce operations with the goal of being the leading omnichannel retailer in the industry. No small task for any retailer, even one that’s been around for a while and achieved groundbreaking milestones in 2022. Now boasting 700-plus stores nationwide, most of which are franchises, Batteries Plus opened as one store in Green Bay, Wisconsin just about 25 years ago. Headquartered in Hartland, Wisconsin, the company sells much more than batteries. It also offers key fobs, light bulbs and phone repair services as well as key replacement and key cutting services. Last year saw the brand achieving double-digit commercial sales growth and its commercial sales are expected to break even more records in 2023, according to a company press release. The digital transformation strategy, which kicked off in early 2022 with the hiring of Derek Detenber, chief marketing and merchandising officer, and Aaron Bundschuh, stepping into the newly-created chief digital officer role in November, will depend a great deal on collecting and analyzing consumer data and will showcase how […]

The 'Year of Sustainability’ is an opportunity to reconnect with nature

The ‘Year of Sustainability’ is an opportunity to reconnect with nature

As announced this week, 2023 will reinforce the UAE’s national commitment to building a cleaner and greener future Trees on Sir Bani Yas Island in Abu Dhabi. The National One afternoon, my mother handed me the branches of a beautiful plant and said: “This is Yas. It is a local plant and it smells beautiful.” It had been a busy week and I was thinking about how we, as a human race, are so caught up with our meetings, errands and obligations that we have lost touch with a core element of life – nature. That simple gesture by my mother allowed me a moment of reconnection. It also made me realise how integrated nature truly is in our society, and in many ways, our identity. In fact, that Yas plant is etymologically linked to the very tribe that I belong to – Bani Yas. The Bani Yas tribe dates back many centuries, and its people were known to have been deeply connected to the desert environment in which they lived. Rows of ghaf trees in Abu Dhabi. The National Many people in the UAE, both men and women, are named after animals, pearls, weather, or even geographical terrains. […]

Electric Utes — Is Toyota Blind to Opportunity?

Electric Utes — Is Toyota Blind to Opportunity?

Australian media is awash with news of companies transforming Toyota’s Land Cruisers and Hilux into electric utes. One must ask, is Toyota blind to this opportunity? It can’t be cheap to rip the guts out of a diesel fourby and replace it with electrics. Surely, Toyota could make a profit by building these trucks itself? If SEA Electric and Roev can make a profit fitting up an EV, why can’t Toyota? Mining companies in Australia have been doing this for years. On the DL, I have been told by another CEO that they are in the middle of contract negotiations to do a similar deal turning even larger numbers of Land Cruisers into electric utes. SEA Electric’s vision is to become “the premier global partner in powering commercial electric vehicles for urban delivery and logistics.” That’s combined with a mission “to eliminate 3+ billion lbs. of CO2 emissions over the next five years.” Roev wants to move Australia towards zero emissions and re-establish onshore manufacturing by electrifying Australia’s favourite ute. Whereas it appears that SEA is initially removing fossil fuel drivetrains and replacing them with electric, the plan is to move to importing gliders — that is, vehicles bereft […]

Long neglected, Charlotte’s ‘Corridors of Opportunity’ could be the key to a more equitable city

Long neglected, Charlotte’s ‘Corridors of Opportunity’ could be the key to a more equitable city

A skyline that sprouts new buildings at a dizzying pace. Neighborhoods dotted with new breweries and renovated mills. Thousands of new apartments springing up beside light rail lines. The signs of Charlotte’s booming prosperity are everywhere. But that prosperity isn’t spread evenly. And from Charlotte’s “corridors of opportunity,” it can seem a long way off, more like a distant promise than the city’s reality. Beatties Ford Road is one of six areas included in the city’s Corridors of Opportunity initiative. In our series In Focus: Corridors of Opportunity, WFAE will follow initiatives by the city of Charlotte and outside groups to target resources to six areas that have long been neglected. WFAE will examine the decisions, key activities and progress throughout the next year. We’ll also take a closer look at the rich histories of these communities and the people and businesses that contribute to their resilience and vitality. Many of the neighborhoods surrounding the main thoroughfares into uptown Charlotte had historically been largely overlooked places where residents, many who are low income and belong to communities of color, watched the city’s boom from the sidelines. Now those communities once labeled “fragile” and “threatened” are the centerpiece of Charlotte’s […]

Big business is in for a rough earnings season

Big business is in for a rough earnings season

Chief executives of the world’s biggest firms left Davos on January 20th after a week of jaw-jawing in highish spirits. The mood at the annual gabfest was, if not upbeat, then at least no longer sombre. Behind closed doors, CEOs conceded that, although the war in Ukraine remains a humanitarian tragedy, the risks to the world economy look for now to be contained. Central banks have got serious about inflation. If a recession in America and Europe strikes, it should be manageable. The Chinese delegation sent the clearest signal in years that China is not just reopening after its harsh “zero-covid” regime but also reintegrating with the world. Globalisation may not be in the rudest of health, but news of its demise appeared, to the snow-swept bosses, exaggerated. Back on earth, things look dicier. “Earnings season is going to be the confessional event,” says Jim Tierney of AllianceBernstein, an investment firm, referring to the month or so when most companies report their quarterly results. The profits of America’s banking giants, which kicked things off in the past week or so, had fallen by 20% year on year. Investment bankers received a particularly severe drubbing, as dealmaking collapsed amid economic […]

Burlington business incubator teaches student entrepreneurs at Middlebury College

Burlington business incubator teaches student entrepreneurs at Middlebury College

The Middlebury Entrepreneurs class went to Burton to meet the snowboard company’s leaders and team members. Photo courtesy of Middlebury Innovation Hub Thirteen Middlebury College students are spending their January term learning about entrepreneurship from the Vermont Center for Emerging Technologies, a Burlington business incubator. To qualify, each student must have a business of their own to promote. About a third of the students in this year’s class are generating revenue already, according to VCET president David Bradbury. Bradbury and vice president Sam Roach-Gerber teach the course, which is in its ninth year. One of the students, James Heath, is building a website called Dormplex that allows students to offer goods and services to others on their campus. Heath, a sophomore, said Tuesday he and his partners planned to launch a beta version of the website this week at the Claremont Colleges in California before launching it at Middlebury in February. (One of his partners attends Pitzer College, one of the seven Claremont Colleges.) Heath said he hopes the class teaches him some of the foundations of building a company. As part of the course, students go on field trips and work on their business plans. They are taught […]

CEOs Say HR Is Central To Business Success: 5 Critical Shifts

CEOs Say HR Is Central To Business Success: 5 Critical Shifts

HR will be central to success in the future of work. getty This is arguably the most challenging time—ever—to be in HR. It’s also the very best. With so many business issues driven by people, talent and workforce, the time is right for HR to finally have a seat at the table. But despite the obvious requirement for HR’s role to create and sustain a positive and productive future of work, it’s not automatic. Five shifts will pave the way for HR to have brilliant impact and to thrive. The good news is that 89% of CEOs say HR should have a central role in the business, according to new data from Accenture . The bad news is only 45% of CEOs say they are creating the conditions for HR to lead business growth successfully. Clearly there is room for improvement. 5 Shifts for HR Impact The opportunity facing HR is significant. #1 – Not Just At The Table, Embedded Throughout the Organization The mantra of HR for decades has focused on the desire and imperative to be at the table. And this makes perfect sense. After all, the ability to lead, influence, solve and support requires knowledge of […]