Recent TRG blog posts

Artificial Intelligence (AI for short) is known with the machine learning ability. In part 1, we have discussed the first two advantages of AI: Performance and Safety and learned that AI can help businesses save a huge amount of time and ensure efficiency.

In part 2, we will continue to discover three more things of AI's advantages in business.

Read more: Business Intelligence and Analytics - From A to Z (Part 1)

Artificial Intelligence (or AI for short) is the intelligence shown by computers and applications. AI is also known to be capable of "machine learning", which means "it gives computers the ability to learn without being specifically programmed". We have been using machines to automate many kinds of tasks for decades, but only recently do we see AI with the automatically learning method. Undoubtedly, that is a huge revolution.

Read more: Big Data in Manufacturing

In the fast pace of today’s world, it is critical for organisations to replace traditional succession planning with performance-based ones. In other words, the integration of performance reviews and succession planning is the best way to prepare your employees for taking the next step of their career.

In the leadership position, everyone wants to be recognised as having high-performance leadership. It’s necessary to be aware of the aspects in which high-performance leadership is expressed.

In the last part, we have discussed the first four of them: Ways of thinking, Actions and Behaviour, Choices of words, and Action time. Now, let's examine the remaining three!

As a manager, it is part of your responsibility to understand your top employees’ strengths as well as weaknesses in order to properly create a developmental plan that matches their potential. Without such understanding, and as your top employees see that there’s no chance for further development, the likelihood of your staff leaving the organisation is extremely high.

There are two biggest reasons why small and medium-sized businesses (SMBs) find their solutions in cloud-based ERP systems: Software buyers feel more at ease with using software-as-a-service for important enterprise applications, and cloud-based services can now meet SMB’s wider range of requirements.

Big Data is opening up a whole new world for manufacturers. Moreover, Big Data has become an important element of ERP system with the ability to link all data to people and processes.

Since 2003, the e-Commerce battlefield has been witnessing an expanding invasion of a complicated method of retailing – Omni-channel. During the shopping season in 2013, the traditional US retailers lost two-thirds of the foot traffic compared to only three years earlier. On the contrary, e-Commerce, with the help of Omni-channel, approached $300 billion in sales and became the trillion-dollar industry with double-digit annual growth.

Just like the customer demands drastically change over time, technology advancements continuously churn out greater products and services than ever before which place a huge impact on not only the overall efficiency but also our way of thinking. Thus, why should succession plans remain unchanged when everything else has already moved on?

As we have mentioned in our previous blog post, the emerging Data Lake - a new type of data repository, is changing the way we use and utilise our data sources. Data lakes keep all kinds of data – usually unstructured, in its raw form, and keep them safe for later intent. Because the new data lake applies the ELT (extract, load, transform) approach, businesses are able to generate profound insights, analysis, and valuable forecasts to support their operations.