Prometheus's gift of fire to humanity ignited progress but came at a personal cost. Today, businesses face a similar crossroads with generative AI: harness its power wisely or risk unforeseen consequences. By: Piotr Owczarek As AI revolutionizes industries, what becomes of human creativity? More businesses of all sizes begin…
When someone searches over the Internet for very important (and difficult to rank) terms such as 'Lawyers in Cyprus', 'Accountants in Cyprus' and other similar, they get some very interesting suggestions as search results, 2 being managed by Sedinvest Enterprises Ltd. The 2 sister websites, Accountants in Cyprus and Lawyers…
Real estate is the ultimate Asset and nobody knows real estate better than Pavlos Loizou, the CEO of Ask Wire. We asked everything from real estate to AI, food and the Royal Family. He delivered perfectly. Where would you invest 1 million euros in real estate right now (any country),…
Paternity leave Paternity leave remains at two weeks and may be taken within the period from the week of the birth or adoption and up to two weeks after the end of the maternity leave period. The paternity leave can also be claimed in the case of a stillborn child.…
Buying life insurance can be a long, uncomfortable process for consumers. Northwestern Mutual, a 166-year-old company, decided to change the paradigm by building an automated, efficient, and clear solution. In this episode of the McKinsey on Insurance podcast, Eli Larrea, a senior partner in McKinsey’s Boston office, sat down with…
Over the past few months, I have shared more than 30 personal stories that helped shape my professional journey through my ‘Series of an Entrepreneur’. And as I’ve seen in the responses, these experiences, and accompanying lessons, transcend far beyond the consulting industry. We all experience failures, make missteps, endure…
Picture this: a world where workplace culture is transformed not just by well-known DEIB influencers, but by unexpected heroes who wield the power of diversity, equity, inclusion, and belonging (DEIB) in their own unique ways. DEIB are increasingly recognized as crucial components of a successful workplace culture, and we recognize…
Deep tech — the innovative use of emerging physical technologies enabled by digital technologies to solve large-scale problems — has the potential to create transformative growth opportunities for businesses. By tapping into these advanced technologies, leaders are better positioned to address large-scale problems and reshape entire markets. Consider the impact…
Our Deep Dive series features our technical experts who give you an inside look at how we are solving complex infrastructure challenges for our clients from across the world. This week, we are highlighting our global director of urban analytics from our Buildings + Places business and how he and…
When it comes to women’s representation in the US workplace, the public sector continues to have a clear edge over corporations. However, new McKinsey research finds that governmental organizations may struggle to keep leading the way toward gender parity. The latest edition of our annual Women in the Workplace report…
Why did I bother coming in? – Reimagining the role of the office and our working patterns It’s a no-brainer that the expectations of the workforce have shifted so dramatically that different working patterns are now no longer a ‘nice to have’ but a non-negotiable. Organisations need to quickly adapt to…
In many cases, fintech providers themselves will also need to ensure compliance with certain regulatory regimes as well as helping their customers to do so. In this article, we provide an overview of some key regulations fintech providers should be aware of when offering services to their regulated customers, including…
When a client has asserted a claim against someone and we are unable to negotiate a voluntary resolution, we have to start thinking about plan B—filing a lawsuit to vindicate the client’s rights. Invariably, the client’s first questions are: how much will it cost, and how long will it take?…
Sooner or later, most successful companies face the challenge of updating a cherished old product. Make no changes, and you risk becoming irrelevant to new customers. Change too much, and you may alienate your most loyal customers. So how do you leverage a historically strong brand with sensitivity to heterogeneous…
Master trusts – Applicability of Pension Adjustment Orders (“PAOs”) An ongoing issue in respect of master trusts is the applicability of pension adjustment orders (“PAOs”) made prior to a scheme transferring to the master trust. These orders would have been made by the Court in relation to the original pension…
EU Commission publishes the first list of very large platforms to fall under the EU’s Digital Services Act (DSA) stricter regime The European Commission has confirmed 19 online platforms and search engines identified as ‘very large online platforms’ (VLOPs) and ‘very large online search engines’ (VLOSEs) for the purposes of…
The Metaverse and its associated technology have raised concerns from its inception. But the objections often take short-term, attention-grabbing views that discount the potential of the technology, and the need for early adoption for any emerging tech or business looking to innovate in the space. So, whilst this recent critique…
We speak to companies every day who don’t believe the UK’s R&D incentive schemes apply to them. In reality, the definition of R&D for tax purposes covers a much broader range of activities than you might think, and some of your everyday activity could likely qualify as well. The schemes…
Greg Campbell assesses the impact of the May 2023 local elections, held in 230 councils in England, and draws out key lessons and questions. When a party leadership projects a number of election losses, they believe the reality will be appreciably less bad so they can claim a ‘victory’. Greg…
In today’s digital age, technology has transformed the way we live, work, and interact with the world. However, not everyone benefits equally from these advancements. Many individuals with disabilities face barriers to accessing and utilizing digital platforms and technologies. This is where assistive technology and digital accessibility come into play,…
Seyfarth Synopsis: In a published decision, a California Court of Appeal has ruled that a hospital’s decision to terminate an employee for failing to comply with its flu vaccine mandate did not violate California’s Fair Employment and Housing Act (FEHA) prohibition on disability discrimination. Hodges v. Cedars-Sinai Medical Center. The…
In 2022, the beauty market—defined as skincare, fragrance, makeup, and haircare—generated approximately $430 billion in revenue. Today, beauty is on an upward trajectory across all categories. It has proven to be resilient amid global economic crises and in a turbulent macroeconomic environment. Beauty is now an industry that many people,…
People are funny. We reason with ourselves that we want the truth, but we prove time and again that we prefer being lied to. If your gut reaction to that statement is defiance, there is a strong chance that you’re lying to yourself about your own emotions. This article isn’t…
Inflation continues to moderate in multiple regions and countries but remains high, and central banks look set to maintain a path of interest rate interventions. However, interest rates and sentiment are weighing on growth projections and the picture is somewhat patchy, with growth in some emerging economies such as China…
The British workforce is experiencing a noticeable shift. Even before the pandemic, the UK had been grappling with productivity problems. Now, the post-pandemic landscape has brought new challenges such as ‘burnout’, ‘quiet quitting’, and ‘Great Fatigue.’ This has led to questions about a motivation freefall in the workforce. It’s not…
Commercial real estate (CRE) has long enjoyed a reputation for being a good hedge against inflation, yet even industry veterans might be hard-pressed to explain exactly why. Has it delivered better real (inflation-adjusted) returns during inflationary periods than at other times? Has it outperformed other asset classes during inflationary periods?…
Recent years have seen private individuals and NGOs increasingly using the courts to enforce rights in the climate sphere. This seems to be a trend that is only going on one direction and represent a risk of which Governments and corporates alike are going to need to be increasingly aware.…
Bed Bath & Beyond (BB&B) finally filed for bankruptcy on April 23, 2023, after surviving a near-death experience earlier in the year thanks to a last-minute equity infusion from an opportunistic investor. The termination of that agreement and the subsequent failure to raise sufficient capital through new share issuance and…
Looking into the AI crystal ball 14 March 2022 by Linda Sheehan With 2023 in full swing, it is clear that AI will continue to play an increasingly significant role in the business landscape. The demand for AI solutions and data-driven insights is on the rise, as businesses of all…
Chances are, you’re hearing a lot of hype around AI. However, there’s a fine line between hype and distraction. To keep up in the rapidly evolving digital landscape, it’s critical that consultants understand how AI can enhance and facilitate their work. In fact, we predict that professionals who learn and…
Conventional wisdom says that building on the strengths of an organisation is the most direct path to business success. It’s also the foundation of most value growth plans and talent management, which focuses on increasing the performance of high-performers. But leaders continue to scratch their heads as despite all their…
Research released by Elixirr reveals how both C-level and professional sportspeople achieve success in their fields, with both CEOs and professional athletes believing that being more mentally resilient than their competitors is the top driver of high performance. While the physical requirements of elite athletes are revered and celebrated, the…
What is SaaS? SaaS or Software-as-a-Service is a licensing model in which the provider hosts the application and makes it available to customers over the Internet. By accessing software on a subscription basis, they let the SaaS provider manage, secure, and maintain the digital tools. This way, companies can finally…
Companies may attract and keep the greatest personnel in the market by implementing virtual recruiting, giving DEI projects top priority, embracing the gig economy, emphasizing skills over degrees, and investing in employer branding.
The innovations that generative AI could ignite for businesses of all sizes and levels of technological proficiency are truly exciting. However, executives will want to remain acutely aware of the risks that exist at this early stage of the technology’s development.
Mishcon de Reya is a Law firm with more than 600 lawyers. Lawyer David Parsons offers an exciting view and advice on how to handle, and avoid, problems with employees accusing their firms in Public. With Christiano Ronaldo being one of the best soccer players in the World, Manchester United being one of the most followed sports clubs and the World Cup in Qatar, what can be more relevant?
Employers are beginning to see how skills-based practices can expand their access to great talent—but the benefits aren’t only for employers. As employers adopt these practices across their talent journeys, workers are more equipped to find better jobs based on their skills rather than their degrees, educational background, or years of experience in a specific role. In the face of ongoing macroeconomic challenges, now is the time for all stakeholders in workforce development to commit resources and support to accelerating adoption of these practices and build more equitable prosperity in communities.
So basically, they trade their time for money, they spend their time doing a task for someone else and they get to pay for it. This way, it's used by most people because it doesn't have any risk. At the end of each month, an employee will receive their money. The cons of this method are that it is almost impossible to achieve financial freedom or self-growth.
These are just a few examples that I can think of right now to demonstrate what would happen if Marketing was suddenly gone. The world would be less colourful, less tasty, a bit more boring. People would have to work hard to choose, find, try, re-buy a product or service, differentiate themselves from the crowd, and discover alternatives.
I saw many businesses where the children of Entrepreneurs would have to get fired from their parents, but the scenario where the father would have to be fired is a little more complicated. And it is more complicated because in such cases the father usually holds all the cards, has more allies, and more ‘gravity’.
