A new survey by Protiviti, BoardProspects, and Broadridge Financial Solutions reveals that boards and C-suite leaders do not always agree on how to achieve common goals. Bridging these gaps is crucial as companies face several challenges, including an uncertain macroeconomic environment, a global war for talent, rising geopolitical risks, cyberattacks, and other existential threats.
Read MoreIn a recent report, IDC predicts that by 2027, 60% of APAC firms will allocate 35% of their CX budget on emerging products and skills as GenAI improves. This shift shows that companies are starting to prioritize GenAI for customer-facing applications, hoping to improve customer satisfaction, service, and retention.
Read MoreForrester predicts that by 2024, 60% of those who are skeptical about generative AI will end up using and appreciating the technology, without even realizing it. Consumers who are skeptical of genAI will eventually adopt it for tasks that can boost their creativity and productivity, such as seeking help from conversational assistants, summarizing and translating content. Furthermore, the investment in genAI by business, technology, and marketing leaders in the coming year will increase employees' creative problem-solving time by up to 50%, driving customer-centric innovation and creating greater business value.
Read MoreRenewables and other low-carbon solutions must ramp up from 12% of the energy supply in 2021 to 50%-70% by 2050 to limit global warming to 1.5°C above preindustrial levels. This is around three times faster than previous transitions, for example, to coal and hydrocarbons. These are among the findings of a new publication released today by the Boston Consulting Group Center for Energy Impact, titled The Energy Transition Blueprint.
Read MoreGenerative AI, specifically large language models (LLMs), will change how organizations design jobs and resource tasks and allocate responsibilities across the enterprise. However, LLMs come with unique risks compared with other AI implementations. Generative micro apps are an emerging technology that can enable organizations to demonstrate the value of generative AI while minimizing the business’s risk exposures.
Read MoreBusinesses’ global investments in engineering, and on research and development in the engineering (ER&D) sector, are set to rise strongly over the next five years, expanding at a double-digit compound annual growth rate (CAGR) of 10% up to 2026 despite currently uncertain economic conditions, Bain & Company’s latest research reveals.
Read MoreIntelligence, surveillance, and reconnaissance (ISR) technologies have long been used to aid the military in finding, fixing, and tracking friendly and hostile elements, as well as assessing damage to targets in areas of interest. While these technologies are recognized as essential tools for the execution of complex military operations, they are now gaining traction as a key element for a vast array of emergency management scenarios.
Read MoreTechnology is upending labor markets, and governments, companies, and individuals need to look beyond aggregate numbers and consider how individual professions will be affected. A new analysis quantifies the impact of technology by 2030 in Australia, Germany, and the United States. The report is being released by Boston Consulting Group (BCG) and Faethm.
Read MoreThe US has lost its status as the place foreigners would most like to work, with Canada now regarded as the top destination. The study shows that the pandemic has had a major impact on people’s attitudes toward work abroad, reducing their interest generally and inclining them toward countries that have done the best job of containing the coronavirus.
Read MoreGartner’s survey revealed 68% of employees would consider quitting their current job and working with an organization with a stronger viewpoint on the social issues that matter most to them. Employees whose employer has taken a strong stance on current societal and cultural issues are twice as likely to report high job satisfaction.
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