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Bridging the Skills Gap. How New Competencies Drive Innovation
Public organizations are required to address rapidly changing social demands, voiced by diverse stakeholders with ever-evolving expectations for high-quality services. The effectiveness of the response of these entities hinges on having the right human capital to fulfill their mission and satisfy societal needs. Therefore, government organizations should take strategic decisions concerning the size ...
Next Generation Performance Appraisals. Balancing Administrative and Development Goals
Traditionally, performance appraisal systems (PAS) have teetered between an ostensibly “administrative” purpose, using comparisons between individuals to make important decisions with organizational implications (awarding bonuses, assigning tasks, or green-lighting promotions and salary increases), and a “developmental” approach, based on identifying employees’ strengths, weaknesses and ...
The Ocean Disclosure Initiative. A New Platform for Collective Change
The Business for Ocean Sustainability Report, Third Edition: Seizing the Blue Opportunity[1] (One Ocean Foundation et al., 2023) examined, in part using generative artificial intelligence (GenAI), a comprehensive sample of over 2,500 annual or sustainability reports from international companies. The focus was on analyzing objectives, actions, and outcomes concerning direct and indirect impacts on ...
Key Factors for Managing AI in Business
Some advances in knowledge and its application undoubtedly arouse more interest than others, raising many hopes for solutions to humanity's problems. In this case, we are referring to artificial intelligence, which has become the subject of debate and competition between the supporters and detractors of a discipline that is now at the center of the world's attention because of its importance and the ...
Trusted Sustainability
In recent years, sustainability has become a growing strategic priority for companies. This is the result of increased community and institutional attention to issues related not only to environmental sustainability, but also to diversity, inclusion, and a growing focus on fair and equitable treatment of employees and suppliers within the supply chain. According to the stakeholder view, a company ...
Internet of Beings. AI and Hyper Data Revolutionize Healthcare
The use of telemedicine dates back to at least as early as the inception of the Internet (Hjelm, 2017). In the same year that Vincent Cerf and Robert Kahn proposed using the Internet Protocol for internal Pentagon communication, astronauts donned spacesuits equipped to continuously monitor their vital signs, sending data back to Houston and streaming it live to a global audience during the Moon landing. ...
At the Wheel with Gen Z. Charting the Roadmap for Future Urban Mobility
The UN’s 2030 Agenda emphasizes the pivotal role of mobility in the Sustainable Development Goal 11 (SDG 11), focusing on safe, affordable, accessible, and sustainable transportation (United Nations, 2023). In parallel, the European Green Deal aims to achieve climate neutrality by 2050, highlighting sustainable and smart mobility initiatives and investments in clean technologies (European Commission, ...
Inclusive Brand Activism. Driving Social Change Beyond Woke Washing
In today's economic and social environment, characterized by phenomena ranging from globalization to digitization, intensifying conflicts, and post-pandemic behavior, the role of companies extends far beyond offering products or services. Consumers now expect businesses to take social responsibility by actively promoting change and adopting clear ethical positions. This phenomenon, known as brand ...
Embracing Expert Approaches in Modern Credit Rating Modelling
A bank's ability to create value for its stakeholders depends on its proficiency in accurately assessing the reliability of its current and potential clients. This assessment is conducted through rating models, which make it possible to measure customers' probability of default and the risk level of the investment projects for which they seek financing. Such models are essential tools for deciding ...
Microfinance: A New Sustainable Asset Class on the Horizon?
The dual objective of microfinance – expanding financial services to marginalized communities while generating sustainable returns for investors – creates a unique intersection between social impact and financial resilience (Mustafa et al., 2018). Furthermore, numerous studies (Banna et al., 2022; Dowl, 2018) position microfinance as a pioneering element in the fintech industry (Ashta and Hermann, ...