What are the impact risk treatment strategies?
Impact risk management is a systematic process for recognizing, analyzing and mitigating risks that could harm a project or a company. This process allows managers and decision makers to choose appropriate measures for the situation. Thanks to this, it is possible to reduce the probability and impact of negative events in the company. In addition, […]
Monitoring mechanism for risk reduction
Implementing a monitoring mechanism for risk reduction can help your company identify potential alarms and take preventive measures. As a business owner, it is your responsibility to ensure that these risks are properly managed. In addition, this tool should include key areas, as well as the assessment of potential negative impact. Similarly, it is important […]
How many steps make up the core risk management process?
Do you know how the risk management process reduces the dangers to which your company is exposed? Recognizing which agents will prevent you from achieving the organization’s goals. This methodology is elementary in all business management, because thanks to it you will achieve: Reduce threats and visualize the opportunities offered by the context. Know what […]
What are the benefits of business resilience?
Business resilience is a term that has been gaining popularity in the productive world, even though most people are unaware of it. However, its implications are decisive today and can also mean the difference between success and failure in your business and companies. Definitely, this concept implies a universe of possibilities for you and your […]
Importance of Business Intelligence in Industry 4.0
In the era of Industry 4.0, the importance of Business Intelligence lies in managing the flow of digital information. That is, in the complex process of data collection for its integral analysis. This is how BI provides the ability to create reports, graphs and comparisons in real time for decision making. It is a determining […]
Benefits of the cloud for enterprises
The most important investment in a company is technology. The benefits of the cloud allow companies to make a solid backup of all their information with the implementation of a sophisticated digital system. This technical assistance is included in programs that deal with business management. Nowadays, and based on the technological advances of the Internet, […]
Important principles of Industry 4.0
Do you know what the Fourth Industrial Revolution is? Also known as Industry 4.0, it is the new way in which businesses are operating. Its main mission is to use advanced techniques within production, together with intelligent technological operations. Elements such as robotics, analytics, AI and even nanotechnology and IoT stand out in this type […]
Steps to implement Industry 4.0 in your company
Implementing Industry 4.0 in a company requires the fulfillment of a series of steps. With this type of industry, the aim is to integrate the company’s machinery with technological equipment. The aim is for both sectors to work together to maximize production processes. As well as to improve the supply chain and meet the delivery […]