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These are volatile times. Can the world get on a path to long-term prosperity?
On Point
Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
— Edited by Belinda Yu, editor, Atlanta
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by "McKinsey On Point" <publishing@email.mckinsey.com> - 10:08 - 16 Mar 2023 -
Company Insights: Artificial Intelligence
Company Insights: Artificial Intelligence 0.7.4
Dear MD Abul, Artificial intelligence is often viewed with skepticism when it comes to societal change. On the business side however, the technology boosts competitive advantages and innovation.
On March 30, Maike Schlumbohm, Director of Company Insights at Statista, will share crucial insights into the recent developments in artificial intelligence and its impact on companies. The 30-minute webinar will additionally focus on:- Market size and growth of artificial intelligence
- Generative AI market highlighting the current hype of ChatGPT
- Impact of artificial intelligence on companies and society
Statista GmbH, Johannes-Brahms-Platz 1, 20355 Hamburg
Representatives: Dr. Friedrich Schwandt, Hubert Jakob
Domicile: Cologne | HRB 87129 | municipal court of Cologne
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by "Statista | Webinars" <webinars@statista.com> - 10:05 - 16 Mar 2023 -
6.6 billion smartphone users. Are you prepared to monitor that?
New Relic
Currently, there are more than 6.6 billion smartphone users in the world, roughly equivalent to 83.4% of the world’s population.
Smartphones have revolutionized the way companies advertise, communicate, and most importantly, interact with their consumers by way of mobile applications. And those consumers prefer using apps on iOS or Android devices. But it isn’t always easy to replicate a desired mobile application on another platform.
Developers need to keep up with the times and in our blog post, you can learn how to monitor your iOs and Android apps built with React Native.
Read more Need help? Let's get in touch. 
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by "New Relic" <emeamarketing@newrelic.com> - 06:36 - 16 Mar 2023 -
White Label Tire Management Software
White Label Tire Management Software
A tire management software that handles all aspects of tire inventory, operation, and inspection.
Catch a glimpse of what our software has to offer
Reduce Vehicle Downtime
Identify tire issues early and minimize vehicle downtime with our tire management software
Increase Fleet Safety
Ensure vehicle safety by monitoring tire wear and pressure with our tire management software. Identify potential safety hazards and prevent accidents.
Manage Tire Stocks
You can easily upload tire stock details via an excel file and can check unused and used tire details on a single screen.
Learn how our tire management system can help your business grow
You may also be interested in
Uffizio Technologies Pvt. Ltd., 4th Floor, Metropolis, Opp. S.T Workshop, Valsad, Gujarat, 396001, India
by "Sunny Thakur" <sunny.thakur@uffizio.com> - 01:30 - 16 Mar 2023 -
Can US students recover from pandemic-related learning delays?
On Point
Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
• Close the gap. In the US, learning disruptions related to the COVID-19 pandemic have wiped out two decades of progress, and the clock is ticking toward a September 2024 deadline for states and school districts to spend $190 billion in federal funding to help students catch up. Analysis by McKinsey senior partner Jimmy Sarakatsannis and colleagues shows a range in the spending of those funds, from just under 20% to just more than 50%, placing some states and districts at risk of leaving funding on the table. By understanding the situation across districts and supporting recovery initiatives, states have an important role to play.
— Edited by Gwyn Herbein, editor, Atlanta
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by "McKinsey On Point" <publishing@email.mckinsey.com> - 12:54 - 16 Mar 2023 -
Log Analytics at Scale — The Best Way to Troubleshoot Faster
Sumo Logic
Turn log data from foe to friend.
It has been said that "few things are as powerful, as frightening, as overwhelming and as important as data."
Learn more in our new guide Log analytics at scale that includes:
- Compare and contrast of log management and log analytics
- Use cases
- Benefits
- Best practices
- Recommendations to help your modern log solutions search
Learn more about Sumo Logic. The infinite power of log analytics.Sumo Logic, Level 9, 64 York Street, Sydney, NSW 2000
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by "Sumo Logic" <marketing-info@sumologic.com> - 09:00 - 15 Mar 2023 -
Why do some DEI initiatives work?
Re:think
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MAKING DEI WORK
Five ways to drive successful DEI initiatives
Diana EllsworthA lot of research tends to focus on the challenge side of diversity, equity, and inclusion (DEI): the manifestations and root causes of inequity. There’s been less research, however, on the solution side, on “What does it take to make progress on DEI?” So, in partnership with the World Economic Forum, we created the Global Parity Alliance, and looked for lighthouse examples of companies that had made progress, and to see if lessons from those companies can be applied elsewhere.
What we found is that there is a recipe, with five success factors as the key ingredients, for driving successful DEI initiatives—but that there is no recipe for which initiatives work best across the board. That’s because context is key. In fact, the first success factor is to gain a nuanced understanding of root causes.
Often, companies don’t approach DEI the same way they approach other aspects of business strategy. They often underinvest time and effort to deeply understand the problem they’re trying to solve. Instead, companies will launch initiatives because they saw, say, a mentorship program succeed somewhere else, and they say, “Let’s launch that here.” In a rush, often because of good intentions and an eagerness and desire to show employees that they’re “doing something,” companies might skip that step of really understanding exactly what the problem is that they’re trying to solve.
So while an early-career mentoring program for women sounds innately appealing, when you ask the company to really dig into its data, it may be that women are actually advancing just fine early in their careers. The problems are at other points along the pipeline. Perhaps sponsorship of midcareer women is more important, or perhaps the company should be looking to root out bias in the review process. The initiatives that are most successful are ones in which the companies spent the time up front to really understand, “What is the problem we’re trying to solve?” and “What are the root causes for why the needle is stuck?”
The second success factor, “a meaningful definition of success,” goes hand in hand with the first. The most successful initiatives understand both the problem they’re trying to solve and what success will look like once they’ve solved it. They have a real understanding of “Where are we today?” and “Why are we here?” and “Where are we trying to go?” This isn’t rocket science—these are the keys to attacking most business problems. But, again, many DEI initiatives don’t start with these basic business fundamentals.“Often, companies don’t approach DEI the same way they approach other aspects of business strategy.”
The third success factor is “accountable and invested business leaders.” Senior leadership’s commitment and accountability are necessary for a successful DEI initiative. And if the initiative requires changing a set of practices across the company, you’ll need a broader set of committed business leaders. Role modeling is important. This is a topic where a lot of people can be skeptical, and they need to see that leaders are personally making changes in line with the new way of working suggested by the initiative. Furthermore, leaders must be prepared to devote themselves, and the company’s resources, over time. Many successful DEI initiatives needed substantial time to get to the desired outcome. Some may not move the needle meaningfully for a year or more. But that time isn’t wasted. You’re laying the foundation to attack a complex problem that may have vexed the company for decades. And since these problems tend to be quite hard, it’s best not to try to tackle everything all at once. The “let a thousand flowers bloom” approach to DEI is a recipe for failure.
The fourth factor is “a solution designed for context.” Strong initiatives seek a fit-for-purpose solution. They build on a nuanced understanding of the starting place, the root causes, and a clear view of success, and they are strategically designed to address the issues. Sometimes this can mean launching a new effort or intervention, but often this means changing a variety of things that already exist, such as policies, processes, or learning and development programs.
The final success factor is “rigorous tracking and course correction.” Many companies don’t do this with DEI. For instance, they don’t define the specific leading indicators and ultimate outcomes that they hope the initiative will change—and thus, they don’t have the data to discuss if it’s working, how it might be improved, or if the results can be accelerated. It’s one thing to be able to cite the number of people who took part in an initiative, but it’s far more meaningful to be able to track details like “people who participated in the program were promoted twice as often as those who did not,” or “participants stayed with the company at a 40 percent higher rate.” Here, too, you need to be patient. There’s going to be a period of time where you see more progress on the leading indicators than you do on the ultimate outcomes that you’re trying to achieve. But if you stick with it and start to see a real ROI, it becomes easier to commit for the long run—and getting DEI right is definitely a project for the long run.ABOUT THE AUTHOR
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UP NEXTJen Henry on the restaurant industry
Restaurants are facing unprecedented challenges, including labor shortages and soaring ingredient costs. New ideas and technological innovations could help keep customers, employees, and owners well-fed.
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by "McKinsey Quarterly" <publishing@email.mckinsey.com> - 03:11 - 15 Mar 2023 -
Here’s what the best CEOs do differently
Harmony Internal - McKinsey
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Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
New from McKinsey & Company
One year ago today, senior partners Carolyn Dewar, Scott Keller, and Vik Malhotra released their book CEO Excellence: The Six Mindsets That Distinguish the Best Leaders from the Rest. Today, as leaders grapple with a lifetime’s worth of disruption and crises—including fraught global dynamics, mounting economic woes, and digital trends—the role of the chief executive is more crucial than ever. Check out these insights to dive into the mindsets that set the best leaders apart, and revisit learnings from the #CEOExcellenceBook, now on The New York Times and Wall Street Journal bestseller lists, for frank, in-depth interviews with 67 of the world’s best CEOs.
MORE FROM MCKINSEY
To see more essential reading on topics that matter, visit McKinsey Themes.
— Edited by Eleni Kostopoulos, managing editor, New York
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by "McKinsey & Company" <publishing@email.mckinsey.com> - 12:44 - 15 Mar 2023 -
What is leadership?
On Point
Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
• How effective leaders behave. Leaders enable groups of people to work together to accomplish what each couldn’t do individually. According to McKinsey analysis of academic literature and a survey of 189,000 people in 81 organizations around the world, four types of behavior account for 89% of leadership effectiveness. These are being supportive, operating with a strong orientation on results, seeking different perspectives, and solving problems effectively, explain McKinsey senior partner Ramesh Srinivasan and colleagues.
— Edited by Belinda Yu, editor, Atlanta
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by "McKinsey On Point" <publishing@email.mckinsey.com> - 10:06 - 14 Mar 2023 -
5 key recommendations to improve your alerting strategy
Sumo Logic
When your SRE team is consuming valuable time and resources troubleshooting, the customer’s digital experience suffers. False positive alerts continue to cause real issues to be missed, downtime and decreased reliability.
Sumo Logic product experts as they share 5 key recommendations to reduce alert noise and detect real issues efficiently.- Choose what to measure
- Choose how to measure
- Decide who responds to alerts
- Decide where to route alerts
- Tune your alerts
Sumo Logic, Level 9, 64 York Street, Sydney, NSW 2000
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by "SumoLogic" <marketing-info@sumologic.com> - 09:01 - 14 Mar 2023 -
ลงทะเบียน! ร่วมงานเทคโนโลยีอุตสาหกรรม ชไนเดอร์ อิเล็คทริค
Schneider Electric
Innovation Day:
Industrial Solutions, Chon Buri 2023ชไนเดอร์ อิเล็คทริค ร่วมกับ กรมส่งเสริมอุตสาหกรรมและการนิคมอุตสาหกรรมแห่งประเทศไทย จัดงานเทคโนโลยีอุตสาหกรรม สำหรับกลุ่มโรงงาน เพิ่มประสิทธิภาพด้านการปฏิบัติการ ยกระดับโรงงาน ก้าวทันโลกดิจิทัล
ไฮไลท์สำคัญ
- เร่งเครื่องยกระดับอุตสาหกรรมไทยไปสู่ยุค IIoT จากกรมส่งเสริมอุตสาหกรรมฯ
- กลยุทธ์การพัฒนาโครงสร้างพื้นฐานสำคัญในอุตสาหกรรม เพิ่มความปลอดภัย ความน่าเชื่อถือ ประสิทธิภาพ ความยั่งยืน
- ยกระดับภาคการผลิตในอุตสาหกรรม 4.0 ด้วยเทคโนโลยีอันสมัย
- การบริการด้านการจัดระบบไฟฟ้าเชิงรุก วิเคราะห์ คาดการณ์ ลดดาวน์ไทม์ ยุคดิจิทัล
วันและเวลาวันที่ 23 มี.ค. 2566
เวลา 8:30-16:00 น.
สถานที่จัดกิจกรรมห้อง The Tee พัฒนากอล์ฟคลับ แอนด์ รีสอร์ท จ.ชลบุรี
© 2023 Schneider Electric. All Rights Reserved. Schneider Electric is a trademark and the property of Schneider Electric SE, its subsidiaries and affiliated companies. All other trademarks are the property of their respective owners.
by "Schneider Electric" <reply@se.com> - 09:01 - 14 Mar 2023 -
Why typecasting can cloud good decision making
Harmony Internal - McKinsey
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Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
At work and in life in general, we often make assumptions about people based on their socially defined roles, such as a parent, a manager, or a teacher. This adherence to role theory, a cognitive bias, can cloud our decision making, according to McKinsey’s Eileen Kelly Rinaudo, Tim Koller, and Derek Schatz in a new Bias Busters article from McKinsey Quarterly. We’re all unique individuals, and we have to remember that our actions and motivations can be informed by lots of other things besides our socially designated roles. Check it out for more on the perils of executive typecasting and what organizations can do to address it.
Quote of the day
—Ginni Rometty, former chairman, president, and CEO of IBM and the cofounder and cochair of OneTen, on why she thinks growth and comfort cannot coexist in a recent Author Talks interview
Chart of the day
ALSO NEW
— Edited by Joyce Yoo, editor, New York
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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 05:04 - 14 Mar 2023 -
How William Hill boosts revenue and digital business growth using New Relic
New Relic
During the Grand National, William Hill had a direct hotline to New Relic in case they needed exceptional support during peak traffic. Yet, William Hill stayed stable and continued to ingest data, with no failures or downtime.
With New Relic’s all-in-one approach, William Hill was able to have:- 35% lower detection time
- 30% lower resolution time
- 60% reduction in alert noise.
Find out more in our blog post on how William Hill boosts revenue and digital business growth with New Relic.
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by "New Relic" <emeamarketing@newrelic.com> - 06:36 - 14 Mar 2023 -
Fuel Monitoring Software which works with various industries
Fuel Monitoring Software which works with various industries
Revolutionize the way your industry manages fuel usage with our cutting-edge fuel monitoring software.
Use cases across industries
Tanker Trucks
Tankers are often used to transport fuel. 53% of tanker truck overseers have reported the theft of fuel during transit. Such thefts can affect your business’s bottom line and dip your profits. To avoid this, use a fuel monitoring solution for petrol and diesel transfer.
Diesel Generator
Monitor the consumption of diesel in your DG set. You can track run hours, refills, and battery voltage. Also receive notifications for generator overheating, low fuel levels, or a sudden decrease in fuel levels.
Marine Fleets
Get accurate fuel sensor data, even when your ship is at a distant sea. Experience zero data gaps. Monitor multiple tanks at the same time and get notifications for fuel theft.
Discuss your usecase get your business growing
Uffizio Technologies Pvt. Ltd., 4th Floor, Metropolis, Opp. S.T Workshop, Valsad, Gujarat, 396001, India
by "Sunny Thakur" <sunny.thakur@uffizio.com> - 12:30 - 14 Mar 2023 -
Brain health conditions are pervasive. How can society reclaim healthy years of life?
On Point
Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
• Lost years. Brain health affects every person’s life. Mental and substance-use disorders are highly treatable and often preventable. Yet these conditions remain common worldwide, with nearly one in eight people having a mental disorder before the COVID-19 pandemic, explain McKinsey senior partner Martin Dewhurst and coauthors. The associated burden of brain health conditions contributes an added 150 million lost years globally, analysis by the McKinsey Health Institute and the Healthy Brains Global Initiative collaboration finds.
— Edited by Belinda Yu, editor, Atlanta
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by "McKinsey On Point" <publishing@email.mckinsey.com> - 12:13 - 14 Mar 2023 -
Scaling green businesses: Next moves for leaders
Harmony Internal - McKinsey
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Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
What’s next for green businesses? While decarbonization efforts including electric vehicles, wind and solar power, and green hydrogen have been notable, more needs to be done to meet net-zero targets. In a new article, McKinsey’s Rob Bland, Laura Corb, Anna Granskog, Tomas Nauclér, and Giulia Siccardo lay out three actions green business builders can take as they navigate an uncertain economic and geopolitical environment. See why building up supply chains, addressing the skills gap, and exploring different avenues for financing and investments could make a difference in the path to a net zero future.
Quote of the day
—Ingrid Johnson, president of Sun Life Asia, on how insurance can help make societies in Africa and Asia more resilient in “Building purpose-led businesses: An interview with Ingrid Johnson”
Chart of the day
ALSO NEW
— Edited by Joyce Yoo, editor, New York
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Copyright © 2023 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007
by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:39 - 13 Mar 2023
