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To boost the bottom line, it’s important to increase productivity. This can be challenging for larger organizations, but by creating smaller, more agile teams, managers can facilitate collaboration and efficiency.
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Software continues to “eat the world,” but often at the cost of user privacy and trust. In order to grow responsibly, companies must move from a “can we” to a “should we” framework when bringing products to market.
Much has been made of the way online platforms have been used to manipulate Western political systems — but this is just one of many greater issues facing the modern world. It’s time for business leaders to insist on policies prioritizing humanitarian and environmental values.
Some techies think that blockchain and “tamperproof databases” will revolutionize more than money: A blockchain platform for the energy sector could accelerate the transition to renewables. Blockchain can help by making tracking energy more granular, automated, and trusted, which can allow companies to better verify claims of carbon neutrality. It could also streamline financing and insuring new energy projects and even help create a new kind of energy market.
Moving to a zero-trust network, where all the services an organization needs are hosted in the cloud, is the most secure IT option. Most network breaches are caused by human error: People forget their laptops in bathrooms and cabs, connect to insecure public Wi-Fi, click on emails they shouldn’t, and download attachments carrying malware. The only way to manage this threat is to dismantle the privileged intranet and treat every login as a potential threat.
When an ethics scandal damaged the reputation of Swedish telecom giant Telia and led to the ouster of its top managers, the company’s incoming leadership took a radical new turn: Changing from a corporate strategy with sustainability programs to a sustainable strategy.
Eight out of 10 executives surveyed say that as the business value of data grows, the risks their companies face from improper handling of data increase exponentially. While digital advancements enable new opportunities for businesses to compete and thrive, they also create increased exposure to systemic risks. Success in the digital age will require a new kind of ethical review around how companies gather and use data.
The Web has made it easier than ever to reconnect with long-lost professional colleagues. Does it pay to do so? New research says yes — and suggests that every smart manager will try.
This article examines how three factors—emotions, trust and control—shape customer assessments of service experiences and their overall view of service providers. Drawing on research conducted at companies including Dell, the Seattle Supersonics and McKinsey & Company, the article posits that organizations seeking to excel in customer service need to attack the “soft side” of customer management with the same type of intensity they have previously used to reengineer workflow and supply chains.
Social web platforms don’t thrive by magic. They can succeed only if they attract the right individuals, motivate them to act in the right ways and empower them to know and trust others in the network. That’s where online reputation systems come in.
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