In risk management there is a concept that will be useful for any business out there, it is called – EXPECTED LOSSES. This means that certain risks are inevitable and will occur no matter what. Stealing in retail, foreign exchange fluctuations or customer bad debts are all examples of losses that happen all the time. Some companies have more losses, others have less, but no company has zero risk. Continue reading
#392 – LESSONS LEARNED IN OIL/GAS – BILL POMFRET PH.D.
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My first job after college was with Imperial Chemical Industries (ICI) at which time in the 1960’s the chemical process industries far outstripped that of the rest of the manufacturing industries.
My second job was as a pioneer in the development of the North Sea, the expansion in search for oil and gas, leading in time to petroleum refining, the most hazardous of all offshore rolls at the time, was hookups, which is building the field, which was developed by a single central combined drilling and production platform. Continue reading
#392 – CAN PM COMMUNICATIONS KILL COMMUNICATION – MALCOLM PEART
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Video Killed the Radio Star…went the 1979 music video by The Buggles. MTV used this as their first ever video in 1981, but despite the prophecy and MTV’s 40 ongoing years, radio stars aren’t dead. Radio revolutionised popular music, vinyl discs gave us today’s disc jockeys but even though technology evolves it demonstrates that the fittest will survive and not everything will be killed. Continue reading
#392 – FIVE TRENDS THAT WILL IMPACT THE FOOD INDUSTRY FOR MANY YEARS – MATTHEW INNIGER
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The inability to gather good data has challenged many food manufacturers for decades. But not anymore. As sensor technology has improved, and technology platforms have become more accessible and affordable to small and medium-sized manufacturers, the food industry is poised for transformation. Food companies can now better understand their ingredients, products and operations. Continue reading
#392 – SMARTER MACHINES = SMARTER HUMANS – DANIEL BURRUS
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The ability of machines to communicate—and their increasing intelligence—is an exponentially accelerating trend spanning many industries. This technology trend is not slowing down in any way, and the more it is adopted, the more it will continue to accelerate, transforming our personal, professional, and social lives. Continue reading
