Monday, April 9, 2018

ASBM Business Updates Vol.7(15) 9th April,2018,Monday from Chanakya Central Library, Asian School of Business Management,Bhubaneswar.



ASBM Business Updates is a Weekly Selective Compilation of Business News from Various Sources. 


To find details follow the links



Banking
Digital Human is Chris Skinner’s third book about digital banking, which in this volume he has placed in a larger historical, evolutionary, geographic and even archeological context. But for now, I am going to focus on digital banking and the sharp contrasts between the speed of adoption in the developing world -- Asia and Africa in his account -- compared to technology deployed in banking in most of North American Europe. He is more than a little skeptical about banks that slap a digital label, or a digital executive position or two, onto a legacy IT architecture and a legacy organizational chart.
  
International Business
 International Business Machines Corporation delivered an ROE of 32.49% over the past 12 months, which is an impressive feat relative to its industry average of 13.08% during the same period. However, whether this above-industry ROE is actually impressive depends on if it can be maintained. A measure of sustainable returns is IBM’s financial leverage. If IBM borrows debt to invest in its business, its profits will be higher. But ROE does not capture any debt, so we only see high profits and low equity, which is great on the surface. But today let’s take a deeper dive below this surface.

Retail
Lost in all the demographic headlines impacting the retailing business the past decade – emerging Millennials, aging Boomers, fewer immigrants – is one particular development that is making a lot of people in the business of selling stuff to the youth market sleep like a baby: You know, waking up every two hours crying their heads off.
  
A supply chain awakening, of sorts, is finally gripping the mid-market. And surprisingly, it’s not being driven by supply chain management (SCM) and procurement solution technology advances. While there’s no doubt the tools of the trade have continued to improve, perhaps surprisingly, it’s the content associated with the solution provider's supplier network that is now setting the hook. And it's simple: More favorably priced contracts for commonly purchased goods and services —that’s what’s driving market adoption. The value of these contracts not only eliminates budget-driven sales objections, but they allow new customers to essentially “turn on” a significant savings opportunities, even before the underlying software is fully implemented.

Source of Information for this issue: Google alert accessed on April 9,2018 

Knowledge Is Power. Be Informed, Be Knowledgeable, Be Powerful.
Best wishes
Compilation
SK ABDUL GAFFAR
Asst. Librarian 
Information and Documentation Division, Chanakya Central Library
Asian School of Business Management
Shiksha Vihar Bhola,
Barang Khurda Road, Chandaka
Bhubaneswar-754012
www.asbm.ac.in
Tel:0674-2374832, 2374833
E-mail:library@asbm.ac.in,

SK ABDUL GAFFAR, Asst. Librarian, Knowledge and Information Services Unit, Chanakya Central Library, Asian School of Business Management, Bhubaneswar. library@asbm.ac.in ; www.asbm.ac.in


No comments: