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2023: A Strange, Tumultuous Year in Sustainability

Harvard Business

The year 2023 contained several important sustainability narratives and trends. The author outlines three key ones — the anti-ESG movement, China’s acceleration of a clean economy, and the rise of reporting regulations — and then suggests a series countervailing forces pushing against each.

Trends 254
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Big Ideas, Bad Results: Avoiding Strategic Uselessness

Tom Spencer

Imagine spending months crafting a detailed, data-driven strategy , only to watch it gather dust on a shelf. In these cases, strategies become what I call ‘strategically useless’ brilliant in theory but ineffective in practice. Three Reasons Why Strategies Become Useless 1. For example, J.C.

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From Vaults to Virtual: The Rise of Blockchain in Banking

Tom Spencer

In this article, we will explore the rise of digital currency, potential impacts on the global financial system, and strategies traditional financial institutions are employing to keep pace. Chinas digital yuan is the most advanced CBDC project, with more than 260 million digital wallets having been opened as of 2023.

Banking 88
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Managing Risks in Manufacturing Projects: Essentials and Best Practices

Epicflow

Read the article to explore typical difficulties impacting manufacturing projects and learn the strategies to manage risks in manufacturing projects most effectively. Neglecting these risks can lead to project delays, budget overruns, and even project failure, which will negatively impact a manufacturer’s reputation. References Stevick, K.

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Saving ?osts in a Long-Term Perspective: How a Resource Management Solution Will Help You Gain More in the Long Run

Epicflow

Also, if a company decides to cut expenses but does nothing to increase operational efficiency, it may lead to delivering low-quality output and decreased customer satisfaction. To achieve this, you should analyze your business processes, improve operational efficiency, and identify the causes of excessive expenses.

Resources 188
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Team Interdependence for Higher Performance

LSA Global

Just look at the 2023 Mets, Yankees, Padres, and Angels who all had the highest MLB payrolls loaded with All Star players but did not even make the playoffs. Regardless of approach, all groups operate in a context about their shared fate based upon how necessary, willing, able, and dependable they believe those around them to be.

Groups 68
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Gen AI in Banking: Transformative Use Cases

Tom Spencer

Despite many current applications being small-scale pilot projects, the promise of Gen AI to revolutionise banking operations and enhance customer experiences is becoming clear. Jason Napier , Head of European Banks Research at UBS noted in 2023 that “a lot of the potential of AI appears really nascent at this stage”.

Banking 78