Food and Beverage Industry Trends 2021
Shopify Plus
It’s only been just over a year since the emergence of COVID-19 disrupted lives and businesses. Yet the accelerated rate of change has made the pre-pandemic past feel like a lifetime ago—and arguably, nothing in ecommerce better exemplifies this than the food and beverage industry.
As we start to envision a post-pandemic future, here are some food ecommerce trends we can expect to see on the menu.
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HOSPITALITY
How banks can achieve next-generation legacy modernization
McKinsey & Co.
Six principles of successful legacy modernization can help banks reduce IT costs and complexity while improving productivity.
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FINANCE
Adopting a smart data mindset in a world of big data
McKinsey & Co.
Industrial companies are using artificial intelligence to improve plant operations. To be successful, they will need to transform their data with the help of domain experts.
AI leverages big data; it promises new insights that derive from applying machine learning to datasets with more variables, longer timescales, and higher granularity than ever.
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CULTURE
8 Key Attributes of Innovation
TRACOM
In the ever-evolving landscape of the highly technological world we live in, some would argue that competitive advantages no longer exist, at least not for a prolonged period of time. But is this true? What if your competitive advantage is in fact not just a good or service, but your ability to be agile and adaptive to changes?
What if your competitive advantage is to be innovative and cause change rather than just wait to be responsive to it?
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INNOVATION
A boulder-shaped house made from 3D-printed concrete is ready for its first tenants
GXI Contributor: RDC 🎖️
CNN
Dutch couple have become the proud new tenants of the country's first ever 3D-printed house.
Elize Lutz and Harrie Dekkers have been given the digital key to the gray, boulder-shaped building in the Bosrijk neighborhood of Eindhoven, in the southern Netherlands.
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PROPERTIES
Transportation trends 2020
Deloitte Insights
What are the most transformational trends in mobility today?
Transportation agencies are in the process of making mobility systems more seamless, sustainable, accessible, affordable, and safe. Here are five transformational trends helping shape the mobility agenda in 2020.
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SUPPLY CHAIN
Zoom App is now worth more than the world’s 7 biggest airlines combined
GXI Contributor: SCN 🎖️
Tech Startups
Late last month, we wrote about Zoom after the video conferencing app company announced it grew by another 50 percent, topping 300 million users. As companies reduce physical face-to-face meetings in favor of online video teleconferencing, Zoom meeting participants have skyrocketed in past months, going from 10 million in December 2019 to a whopping 300 million as of April 2020.
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INNOVATION
Soriano: A disruption-ready culture
GXI Contributor: RDG 🎖️
Yahoo! News
During strategic planning sessions where I was asked to facilitate, I would always hear from talented Boards that they always consider this economic cycle as a real turnaround. That is why planning and bracing for a post-vaccine recovery is important. The art of dealing with this pandemic is keeping the business afloat long enough for the economy to kickstart and recover.
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CULTURE
The New Rules of Leadership: 5 Forces Shaping Expectations of CEOs
GXI Contributor: TBA 🎖️
Visual Capitalist
It’s common knowledge that CEOs assume a long list of roles and responsibilities.
But in today’s world, more and more people rely on them to go beyond their day-to-day responsibilities and advocate for broader social change. In fact, a number of external forces are changing how leaders are now expected to behave.
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LEADERSHIP
Building a learning culture that drives business forward
McKinsey & Co.
Too often, training programs fail. Here’s how businesses can create a learning culture and invest in the capabilities that will help individuals and organizations thrive.
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CULTURE
Supply Chain Flexibility Through Better Data
Manufacturing.net
If we wish to improve the flexibility of our supply chains, we must understand all of the types of data we move through them.
Poor data handling is restricting the flexibility of our supply chains.
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SUPPLY CHAIN
Digitalization in the Philippine Logistics Industry
GXI Contributor: SCN 🎖️
YCP Solidiance
By transforming digitally, businesses can seize more opportunities presented by the Philippines’ growing commercial activity, particularly in e-commerce.
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SUPPLY CHAIN
Unionbank Helps Revolutionize Teaching In The New Normal
GXI Contributor: RDG 🎖️
Digital Filipina
Union Bank of the Philippines led the co-creation of an innovative digital corporate social responsibility program that helped a pioneering batch of 80,000 public school teachers upgrade their digital capability.
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INNOVATION
Marriott is testing contactless check-in via kiosk as travel begins to return — see how to works
GXI Contributor: CEG 🎖️
Business Insider
COVID-19 spurred a demand for contactless services, and Marriott is now leaning into this by testing its new contactless arrival kiosks and markets, eliminating the need for face-to-face check-ins or snack purchases, respectively.
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HOSPITALITY
Top 9 New Technology Trends for 2021
GXI Contributor: RCR 🎖️
simplilearn.com
Technology today is evolving at such a rapid pace, enabling faster change and progress, causing an acceleration of the rate of change, until eventually it will become exponential.
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INNOVATION
How Snapchat helps B2B shipping giant Maersk snag millennial talent
The Drum
Until the recent traffic jam in the Suez Canal, shipping probably wasn’t on most people’s minds — especially young digital and engineering talent looking for a top job. But Maersk feels it offers a unique career path for new graduates.
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INNOVATION
The 10 most innovative enterprise companies of 2021
Fast Company
Here’s how Honeywell, Microsoft, Elastic, and seven other companies set the standard in the enterprise category.
In a year when businesses of every size and description in all sectors were forced to adapt to unprecedented global upheaval, these 10 companies offered innovations that helped enterprises not only to survive but to thrive.
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INNOVATION
Exponential Growth to Compound Your Business Model
GXI Contributor: CEG 🎖️
Clever Tap
Exponential growth is synonymous with the startup buzzword “unicorn.” Every company you’ve heard referred to as this mythical creature is the product of exponentially fast growth.
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CULTURE
PH logistics stakeholders identify 2021 industry prospects, challenges
GXI Contributor: SCN 🎖️
Port and supply chain stakeholders in the Philippines express varying evels of optimism for this year amid the COVID-19 pandemic.
Industry challenges include rising COVID-19 cases, increasing fuel costs, high shipping charges, port congestion, Customs concerns, conflicting government regulations.
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SUPPLY CHAIN
Port of Rotterdam
Container Exchange Route
The smart way to connect
GXI Contributor: JCZ 🎖️
As one of the world’s leading ports, Rotterdam harbours the ambition of being the ‘smartest port’. The Port of Rotterdam Authority is embracing the energy transition and digitisation as an opportunity for making logistics chains that pass through Rotterdam more efficient, more reliable and hence more competitive. Read more..
INNOVATION
Real Estate 2.0: How to Exponentially Grow Your Empire With Technology
GXI Contributor: JLU 🎖️
You don’t need to have spent much time around Silicon Valley to know they are obsessed with the word “disruption.” Every industry must be “disrupted” by “bootstrapping” or using an “incubator” to “pivot” its “mission” to create a “platform” that will “revolutionize” the industry by bringing it onto the “cloud” to “monetize” the “sharing economy” in order to “scale.” Or something to that effect.
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PROPERTIES
Empathy is the skill of the future, Google says
Business World
“Empathy is the skill of the future, and practicing empathy every day as a business leader, for example, helps you understand what your employees need and what your immediate team actually needs right now, So, putting yourself into their situation, to really understand how they really think and feel, helps you come up with better solutions for your employees,”.
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CULTURE
Global oil supply-and-demand outlook to 2040
McKinsey & Company
COVID-19 sent shocks through global oil markets, with oil demand and supply still struggling to return to pre-pandemic levels. Our outlook looks back at 2020 and presents our most-likely scenarios for oil demand, supply, and prices through 2040.
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SUPPLY CHAIN
What’s your gameplan for a post vaccine market?
Inquirer.net
We have heard of the three things that matter in real estate: location, location, location. But the world has changed considerably and based on emerging trends that we experience because of the pandemic, competition in real estate has spread to many areas.
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LEADERSHIP
COVID-19: Implications for business
McKinsey & Company
March 3, 2021 | Executive Briefing
This week in McKinsey research: online learning has underwhelmed. Vaccine development, however, is on pace for a surprising milestone.
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CULTURE
Why a cut-and-paste approach to digital transformation won’t cut it: An interview with the founder of Biocon
McKinsey & Company’s Sathya Prathipati and Joydeep Sengupta – an interview with Kiran Mazumdar-Shaw. "Asian companies can reap many benefits if they not only embrace but also truly understand digital innovation"
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CULTURE
5 Big Picture Trends Being Accelerated by the Pandemic
No doubt, even after a viable vaccine is released to the general public and things begin to return to some semblance of normalcy, there will be long lasting effects on society and the economy. It’s been said that COVID-19 has hit fast forward on a number of trends, from e-commerce to workplace culture.
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INNOVATION
How to Create an Exponential Mindset
To create exponential value, it's imperative to first create an exponential mindset. The incremental mindset focuses on making something better, while the exponential mindset is makes something different. Incremental is satisfied with 10%. Exponential is out for 10X.
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CULTURE
The Oceanbird: Swedish firm develops largest wind-driven cargo shop
17 Dec 2020
World Economic Forum features A Swedish company is developing a 200 metre long cargo ship that will be powered by wind. The ship will have an engine as a backup, but aims to save 90% of carbon emissions compared to a conventional ship.
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INNOVATION
How Exponential Organizations And Compassionate Leadership Could Define The Next Decade
www.forbes.com
The world is facing a leadership crisis. This leadership crisis has extended from the public to the private and non profit worlds. It is not just about individual leaders but about a system and set of institutions that are failing.
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CULTURE
4 Inspiring Ideas to Overcome Challenges when Testing Innovative Business Models
Great innovation teams are able to gain momentum and build up stronger evidence over time with a series of experiments.
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LEADERSHIP
Innovation Culture – The Ultimate Guide
Innovation culture has long been one of the most challenging, and oft-discussed, topics in our conversations with business and innovation leaders.
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CULTURE
How Leaders Who Learn Inspire Change in the Community
The importance of experimentation and innovation has never been more important. This is no surprise to 90% of businesses today. The ability to fail fast and iterate on your business model is what separates the good from the great.
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LEADERSHIP
Types of Innovation – The Ultimate Guide with Definitions and Examples
Innovation can be a confusing topic because there are so many different kinds of innovations out there and everyone seems to use the term differently.
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INNOVATION
Big words vs big Inventions: Which tech innovations have lived up to their promise?
As the 21st century enters its third decade, have the big innovations of the past few years delivered on their early promise?
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INNOVATION
THE CONNECTED COMMUNITYReal estate for exponential organizations
GXI Contributor: JLU 🎖️
Connected community: from ‘location, location, location’ to 'location, network, and connection’
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PROPERTIES