With Brexit looming, UK farmers stand to lose or gain the most of all industries. The worst case scenario is the devastation of the farming sector by the ending of EU subsidies, which currently constitute 60% of the income of the average UK farm. The government has promised to match EU subsidies until 2020, but has so far been silent on what happens after that.
MBAs are a scientific approach to management stemming from early 20th century industrialisation. It is in their DNA to prepare people for management careers in large corporations. Among much else, you’re taught about Business Process Management, TQM, Six Sigma, and all kinds of other management theories and their relative merits and applications.
A new short video course aims to eradicate slavery from supply chains by educating procurement teams in taking action to prevent human exploitation. A supply chain can consist of hundreds of contractors, subcontractors, agencies and suppliers with complex relationships and varying standards. It might be possible for companies to know all about the provenance of suppliers in the first and second layers in their supply chain, but exploring it in depth to trace materials right back to their origins is nearly impossible.
Some of us remember TV ads from when we were kids telling us not to climb over fences by railway tracks, play ball games around tracks, fly a kite near overhead wires, and to be generally wary of railways. It makes sense to warn children not to go near railways when they are playing, but what about adults who have to be around railways in their work?
The Fourth Industrial Revolution is upon us, even with the Third is still in progress. Big Data, Machine Learning and Artificial Intelligence are three of the driving forces behind it. While the term ‘Industrial Revolution’ has always applied mainly to manufacturing, it now also involves service industries such as banking and insurance, who are investing heavily in Big Data to help them model credit risk, fraud, marketing success and other key data.