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Main Risks of Aerospace Engineering Projects: How to Implement Wise Risk Management into Your Organization

Epicflow

Talent management. . The A&D industry is experiencing certain talent challenges , e.g., a relatively low number of tech-savvy employees, competition for them with technology companies; a significant number of people is reaching the age of retirement, but the younger generation cannot replace them quickly enough. . References .

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Top 5 Manufacturing Trends for 2024: What’s New?

Epicflow

Leveraging Cutting-Edge Technologies Under current conditions of economic turbulence, workforce shortage, and supply chain disruptions, manufacturing organizations should work towards increasing the efficiency of their operations, achieving business agility and resilience. At the same time, they are vulnerable to cyber risks.

Trends 130
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Health Systems Need to Completely Reassess How They Manage Costs

Harvard Business

hospitals and health systems experienced an average 39% reduction in their operating margins from 2015 to 2017. Cost reduction requires an honest and thorough reassessment of everything the health system does and ultimately, a change in the organization’s operating culture. PM Images/Getty Images. ” Clearly, more is needed.

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Uber Is Finally Realizing HR Isn’t Just for Recruiting

Harvard Business

By early 2016 there were 20 HR business partners, covering almost 6,000 employees. But with the departures of a number of high-level HR leaders in late 2016, head of operations Ryan Graves largely took on the head HR role in addition to his other duties.

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Innovation Should Be a Top Priority for Boards. So Why Isn’t It?

Harvard Business

Innovation ranks fifth, after more-conventional concerns such as attracting and retaining top talent and the regulatory environment. This isn’t all that surprising given the level of innovation activity in these sectors, but directors operating in similarly disrupted sectors should take note.

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5 Ways to Help Employees Keep Up with Digital Transformation

Harvard Business

The team was structured to operate like a startup, with a particular focus on user research, feedback, and a commitment to lean operations. L’Oréal now spends 32% of its net media budget on digital channels, and saw e-commerce sales jump by 33% in 2016 alone. ” These new skills are delivering results.

Media 139
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How Our Company Connected Our Strategy to Sustainability Goals

Harvard Business

However, like many of the companies surveyed by Bain, we were unsure how to connect our strategic vision around sustainability with meaningful operational changes. Companies with a strong sustainability program and culture attract and retain better talent who desire a sense of purpose and contribution to a greater good.

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