Two thirds (68%) of business leaders used automation to respond to the impact of the COVID-19 pandemic, according to new research from Deloitte on robotic and intelligent automation.
Trading on the Australian shares market was halted for most of Monday due to a technical problem. The Australian Securities Exchange said that the issue was a software error which showed inaccurate market information. In a statement, ASX and its technology provider Nasdaq said it had identified the root cause and a resolution path to fix it. A software issue limited to the trading of multiple securities in a single order (combination trading) created inaccurate market data.
The mental health of employees in the UK continues to be at risk, with declining workplace productivity and the need for mental health support adding to the ongoing mental strain of the pandemic. The latest figures from the Mental Health Index, produced each month by wellbeing and mental health service provider Morneau Shepell, suggest a continuation of the decline in the rate as the pandemic continues.
The manufacturing sector is looking to overcome the many challenges caused by the coronavirus situation by turning to cloud-enabled digital transformation projects. This is ushering in the new era of smart and sustainable manufacturing at a pace faster than was predicted prior to the pandemic, according to software firm InfinityQS.
How can businesses, especially those with an international footprint, ensure employee health, well-being and security amid the pandemic? Deborah Ritchie spoke to Harriet Brennan and Dr Mark Parrish to find out
Over a third of small businesses admit to having had to address a legal issue within the last 12 months, over a fifth more than once. Despite this, nearly seven in ten do not consider third-party legal advice a priority.
The COVID-19 pandemic has brought about complex and varying responses by governments and businesses, in turn wreaking havoc on supply chain continuity. This week, BSI's latest quarterly review reveals that cargo theft, smuggling, and child labour are all persistent themes in global supply chain threats and trends.
So far, 2020 has certainly been a challenging year. Risk managers have been at the forefront of managing the COVID-19 crisis response from organisations around the world. There is no doubt that lessons have already been learned in respect of approaches to enterprise risk management -- lessons which will be assessed in the coming months and perhaps even studied for many years after.
As the country faces a second spike in the coronavirus, crisis management teams have been urged to look after themselves so that they are fit to look after their organisations. Speaking to press on the first day of Airmic's annual conference, deputy CEO and technical director of the risk association, Julia Graham, said the second spike comes at a time when businesses are still trying to recover from the first.
The largely prompt response of APAC insurance regulators to the coronavirus crisis will help insurers weather the storm, according to Fitch Ratings, which says industry watchdogs in the region introduced measures both to safeguard policyholder interests while ensuring the industry's resiliency.
A single disruption in an organisation causes an average culture of quality to drop 9%, according to a survey by Gartner. The research, conducted among more than 1,200 respondents, found that the primary tools quality leaders use to maintain a culture of quality during a disruption – reinforcing the importance of quality and ensuring access to quality tools such as trainings and knowledge hubs – have little to no impact.
There has been an increase in the theft of medical devices including PPE and ventilators, according to the BSI's latest supply chain report. Additionally, theft of consumer goods such as cleaning solutions have risen in Mexico, alcohol and tobacco thefts have increased in South America, food and beverage thefts continue to lead in Asia; and electronics remain the top target for cargo theft in Africa and the Middle East.
It is fair to say that the commercial insurance world has been rocked by the pandemic. Garon Anthony looks at just some of the issues arising out of the global COVID-19 crisis