BUSINESS AND FINANCE
The pandemic’s unprecedented challenges had an impact on people’s lives all over the world. It’s been a difficult time for all of us, as we’ve had to adjust to changes in both our work and our lifestyles. Despite this, many people turned the crisis into an opportunity and excelled in their businesses, overcoming challenges such as supply shortages, operational difficulties, and a variety of other issues. Because of the nature of these businesses, they were able to take advantage of the existing conditions.
Read as Degain Goyal analyses the industries that successfully converted the crisis into an opportunity to sail through these tough times.
“Intangible assets” represents those assets which lack physical substance yet has the capacity to earn revenue for the organisation. The global events of 2020 proved that such intangibles are infact the ones having the potential to create economic benefits as they provide a competitive edge and are significant in creating a customer base.
But how does it affect the productivity of the employees? Check out the article by Shruti as it unfolds the correlation between intangible investment and productivity in an articulate manner.
From Fayol, father of modern management theory, organisation chart to network organisational structure, businesses and corporate entities have seen a huge transformation in the manner in which they define each employee’s job and direct the activities of the entity towards achieving its goals. The system that determines how certain activities should be orchestrated and how information should flow within the different levels of the company in order to accomplish the objectives of the company is called an organisational structure.
SCIENCE AND TECHNOLOGY
Since the pandemic took over our lives, the word at the top of our minds has been ‘uncertainy’. Jobs are being replaced and taken over by machines on a daily basis as a result of the rise of a technological world. AI has the potential to do the same for the next generation, and it has become a source of concern for both young and old professionals.
What will the future of consulting be in this situation? Can consultants be ‘replaced’? Read as Harishraj Srinivasan tries to figure out the road ahead for the consulting industry in the AI-driven world.
A problem that would otherwise take the world’s fastest computer Fugaku 600 million years to complete, was solved in a matter of 200 seconds. Solely through quantum computing. Taking the world of technology by storm, quantum computing is revolutionising sectors including healthcare, finance, banking and entertainment.
Read the latest article on 180 Pulse, wherein Gaurika Manchanda breaks down Quantum Computing bit-by-bit. The future is here, thanks to this technology.
Gaming consoles contribute a huge proportion of revenue in the gaming industry, with Sony and Microsoft being the dominant players. Being a volatile industry, it has to face several challenges and has to adapt to the current trends, while simultaneously working towards innovation and technological advancements as they are the market drivers.
PlayStation by Sony or Xbox by Microsoft? This exhilarating article on “Gaming Console Market and it’s Road Ahead” by Keshav Garg gives a wider view about gaming consoles, the current competitors and what the future holds for them.
ECONOMIC AND PUBLIC POLICY
Declassification means an authorised change in the status of information from classified information to unclassified information. However, the government has purposefully suppressed information from the people due to particular exclusions and bureaucratic red tape, and the concept of democracy has been lost due to such opaqueness.
When the Trump administration in America neared its hundred-day mark, a day that Trump had spoken of triumphantly in his campaigns, there had to be some major achievement to present to the public. So, the Trump government planned a massive tax cut. Stephen Mnuchin, the Treasury secretary said that “the plan will pay for itself with growth.”
The term, ‘sustainable transformation’ is often confused with a company’s Environmental, Social, and Governance (ESG) impact. However, such is not the case. Sustainable transformation is a term that is very vast as a concept and encompasses many attributes. It primarily aims to serve as an umbrella term for all that a company is trying to do to increase its impact, for the better, in the world.
PSYCHOLOGY & HISTORY
It has been a belief that rational people make rational decisions. This belief system has generated an entire rational choice theory, which says that people employ logical calculations to make sensible decisions and obtain outcomes that are in line with their own goals. This concept has also been the main assumption in most of the economics that we study. But do you think that people make rational decisions every time? Delve deeper and analyse the biases that affect your decisions even without you noticing them.
We often hear Warren Buffet’s words “Be fearful when others are greedy, and greedy when others are fearful.” But does this actually translate into action?
The herding behaviour in finance is broadly defined as an investor’s imitation of the actions of others rather than their own analysis. The fear of missing out on a profitable investment idea is often the driving force behind herd instinct. This behaviour of investors represents a major cause of speculative bubbles and leads to deviations of the stocks prices from their fundamental value.
Head to 180 Pulse’s latest article – “Mass Psychology and the Stock Market” where Ryan Barua emphasises the importance of a proper in-depth analysis of the market and the respective stocks.
Usually when people hear the word ‘Consulting’, they think of complicated spreadsheets, decision making for business finance and coming up with corporate strategies to make a firm bigger and better.