Traditional definitions of Asset Management have focused on the maintenance of physical assets throughout their asset lifecycle. “And Enterprise Asset Management (EAM) solutions are used to plan, execute, and track maintenance activities, associated priorities, skills, materials, tools, etc. to maximize their Availability. This covers the design, construction, commissioning, operations, maintenance and decommissioning or replacement of
By now, many of us are well aware that diversity is a key driver of business success. But even with the growing awareness of the benefits diversity provides in the workplace, this is an area many organizations still struggle with. For example, McKinsey found that only 26% of C-suite positions are held by women, with 5% being
1. AI Basics Artificial intelligence in design typically refers to machine learning algorithms that can analyze data and make decisions or recommendations. These tools can speed up the design process by automating tasks like image recognition or suggesting color palettes. However, the key to maintaining a personal touch is to use these suggestions as a
The success of teams always reflects on the performance of the organization. Thus, high-performing organizations are always backed by dynamic teams which are driving the success of the organization. Relationships between the team members are key to improving team dynamics. 1) Set goals and objectives and celebrating the key milestones. The dimensions of each team
No matter what industry you work in, continuous learning has become the norm in the workplace due to ever changing nature of technological economic and political environment. You may have to learn new systems, technologies, processes, regulations etc., to survive in the industry and you may learn from formal training programs or through self-learning. No matter what you
1. Use relevant examples One of the best ways to show your experience with corporate communication is to use specific and relevant examples from your previous or current roles. For instance, you can mention how you wrote a press release, designed a presentation, or conducted a survey that contributed to the corporate communication strategy of
As technology continues to play an integral role in business operations, tech talent is undoubtedly sought-after across industries. It’s not only the tech companies that are realizing the value of these technical IT skills, but non-tech companies have been seeking people to tackle their IT challenges. With tech talent shortage as the most cited barrier to
In the ever-evolving landscape of sustainability regulations, the European Commission’s recent “Omnibus” package introduces significant amendments to the Corporate Sustainability Reporting Directive (CSRD), EU Taxonomy and Corporate Sustainability Due Diligence Directive (CSDDD). These changes aim to streamline reporting requirements, reduce administrative burdens, and enhance the competitiveness of EU companies. Let’s explore these changes and their potential impact on
1. Prioritize Tasks As a project manager, your to-do list can seem endless, but not every task carries the same weight. Prioritizing tasks based on urgency and importance helps you focus on what truly matters. Use tools like the Eisenhower Matrix to categorize tasks into four quadrants: urgent and important, important but not urgent, urgent
Are you looking to expand enterprise service management (ESM) capabilities in your business? As companies sought solutions to their most pressing challenges through technology, advancements in the space made way for tools that are easy to deploy and require minimal coding expertise. Luckily, these developments are present in the ITSM/ESM space, too, enabling organizations to quickly
