Life Science Insights Justin D. Lee Life Science Insights Justin D. Lee

Defending reproductive rights to promote healthy ageing

The Lancet Health Longevity

The landscape of reproductive rights for women in the USA was drastically altered on June 24, 2022, when the Supreme Court voted to overturn Roe v Wade and Planned Parenthood v Casey, thereby removing the constitutional right to abortion. The response was swift, with abortions expected to be banned in 26 states. Globally, 41% of women of childbearing age live in countries with restrictive abortion laws and, as a result, approximately 23 000 women die from unsafe abortions each year. Stripping women of reproductive rights therefore has immediate effects on their health and wellbeing, with unsafe pregnancies and dangerous self-managed abortions increasing the risk of maternal mortality and crippling mental health issues.

It is important to look beyond these immediate effects to understand the long-term impact of abortion bans on ageing outcomes in women. Research has shown that access to abortions results in higher educational attainment and higher labour force participation for women; a study assessing abortion legislation in 97 countries showed that access to abortion led to a decrease in fertility rates, which in turn increased labour force participation for women. As gendered social roles largely dictate that women shoulder the bulk of childcare responsibilities, the decision to have children must often be considered in the context of education or careers, and women are left juggling competing roles. Education and workforce participation have been shown to reduce the risk of multimorbidity, functional problems, and cognitive decline. For example, the ongoing cognitive stimulation afforded by education and employment aids in bolstering cognitive reserve, which in turn can mitigate the risk of Alzheimer's disease and related dementias. Thus, depriving women of reproductive choice and thereby access to education, careers, and economic empowerment is likely to have lifelong, devastating effects on women as they age.

Although women are still less likely than men to participate in higher education and employment and are more likely to assume unpaid or domestic labour roles, the past century has seen gendered roles challenged. The narrowing of the gender gap in access to these opportunities has resulted in a narrowed gap in ageing outcomes. A study assessed the effects of birth cohort and education level on cognitive ageing and showed that, while men in earlier birth cohorts and in the low education group performed better on a cognitive battery, women in later birth cohorts and in the high education group outperformed men. Similarly, another study that explored the effect of education and labour force participation on sex differences in functional limitations by birth cohort found that the higher prevalence of limitations in older women, compared with men, from early birth cohorts was attenuated when socioeconomic factors were accounted for, and was entirely eliminated in more recent birth cohorts. The findings of these studies show the crucial contribution of education and employment opportunities to gender differences in cognitive and physical health outcomes in later life, and signal targets for interventions to forge gender parity and thereby promote healthy ageing in women.

The 1973 Roe v Wade decision was monumental in granting American women the freedom to delay childrearing in the interest of pursuing education and careers, with cascading positive effects on health and wellbeing in older age. The Supreme Court's overturning of this decision has stripped millions of women of the human right to age in good health, therefore reversing years of progress to reduce gender disparities in healthy ageing. Although the decision only affects the USA, it has wider implications as it could set a precedent for other countries. Hopefully, its media prominence will guide attention to the importance of promoting reproductive rights globally to protect healthy ageing in women. This is particularly pertinent in regions that have restricted access to family planning services for women and that are experiencing rapid population ageing, primarily sub-Saharan Africa, northern Africa, and western Asia. Reproductive rights are basic human rights, and removing these not only endangers the immediate health of young women but also lays a precarious foundation for their health trajectories into later life. As we continue to live longer, it is important that we recognise that the lifelong health of women today and of generations to come is now severely jeopardised.

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IOT Insights Justin D. Lee IOT Insights Justin D. Lee

IOT TRENDS AND PREDICTIONS TO LOOK OUT FOR IN 2023

IOT Latest News

The Internet of Things (IoT) describes the network of physical objects things that are embedded with sensors, software, and other technologies to connect and exchange data with other devices and systems over the internet. IoT’s ability to enable devices and equipment to communicate will impact lives. The IoT will continue to deliver new opportunities for digital business innovation for the next decade, many of which will be enabled by new or improved technologies. Take a look at the following IoT trends and predictions that are happening now.

Solutions for Sustainable Energy: Renewable energy was the only energy source that saw increasing consumption throughout the epidemic. Breakthroughs in sustainable energy solutions, when combined with the improved practicality of energy sources like liquid hydrogen, and biofuels, are sure to have far-reaching environmental consequences.

Artificial Intelligence: Data is the fuel that powers the Internet of Things and the organization’s ability to derive meaning from it will define its long-term success. AI will be applied to a wide range of IoT information, including video, still images, speech, network traffic activity, and sensor data. It will be possible to achieve good results with AI in a wide range of IoT situations.

Healthcare Spearheads IoT Adoption: The healthcare industry has been tinkering with Internet of Things technology for years now. IoT will make smart buildings out of healthcare facilities, drive revenue, and help healthcare providers save on costs. IoT adoption has become even more crucial to the healthcare industry during the pandemic.

Infonomics and Data Broking: IoT projects showed that 35 percent of respondents were selling or planning to sell data collected by their products and services. By 2023, the buying and selling of IoT data will become an essential part of many IoT systems.

The Emergence of Smart Cities: IoT adoption will result in the establishment of smart cities. Smart cities do not only focus on making life comfortable for people. These cities improve the social, environmental, and financial aspects of urban living. Smart cities will become a key ingredient in improving sustainability and quality of living.

Cyber Security Mesh: Cyber Security Mesh provides a comprehensive approach to tackling security flaws and gaps connected with end-users and devices situated beyond network perimeters. It employs a distributed structure rather than constructing a perimeter based on the reach of a network.

Hyper Automation: Hyper Automation is a critical tool for firms that want to be future-proof. The future of IoT work with hyper-automation involves performing tasks with robots rather than humans, a re-imagining of work as accomplished by technologically empowered workers.

Powering Smart Stores: IoT can also record how visitors spend their time on the store premises. Using data collected by such systems, store owners can make the needed improvements to their inventory and even the way products are displayed on their shelves.

Intelligent Work-from-Home Technologies: Work-from-home technology has become critical to the post-pandemic era’s ever-increasing speed of IoT trends. Most Internet of Things trends has lately seen exponential growth. Furthermore, investors and analysts seek for these creative remote working rules to assess a company’s adaptability.

IoT Governance: As the IoT continues to expand, the need for a governance framework that ensures appropriate behavior in the creation, use, and deletion of information related to the Internet of Things projects will become increasingly important. Governance ranges from simple technical tasks such as device audits and firmware updates to more complex issues.

Disclaimer: The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial instructions. Do conduct your own research and reach out to financial advisors before making any investment decisions.

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Industrial Estate Insights Justin D. Lee Industrial Estate Insights Justin D. Lee

Road to Industrial Real Estate Management: Transformation from heavy assets Investment to light assets management

Justin D. Lee

At present, Industry Real Estate sector is facing the transformation from heavy assets Investment to light assets managemen,which means Business Attracting will play a very important role in the future

However, many people do not look good to do business sttractinh.The reasons for their objection are simple: first, it is difficult to do investment promotion, and it is already very hard to do it yourself, so it is even more difficult to help others industrial parks; Second, if you have the strength to do a good job of Business Attracting, why don't you directly take the land to do the industrial park?

In these people's view, Business Attracting is a false proposition.

However, we must be clear on two points.

First, in the real estate industry, Many industrial parks do business Attracting themselves, but also find business attracting agents to cooperate. The business attracting agent has a profit room. At present, both the government and the industrial park have demand for Business Attracting agents.

Second, there is long-term demand for merchants.Even if the industrial park is saturated one day, it does not need to be built, but there will be demand for Business Attracting. Because the enterprise has a life span. Industries need to be to upgraded, the old to be eliminated, new industries to be introduced, which doomed Business Attracting work will not die out.

It can be said that there is a market for light assets management and it is a long-term stable market.


Of course, selling is not a simple job. Many industrial parks fail because they cannot complete the Business Attracting.

Since it is difficult to attract merchants, how can you earn the money?

Developers used to construct the and transformation to Business Attracting is not easy, there must be strong capability in this sector.

What is the capability of business attracting ?

If we analysis of the agent in this field, it will be found that a good agent has two advantages:

First, is the corporate resources.

Usually business attracting agents will claim to have hundreds of thousands potential industry resources, or even tens of millions of enterprise resources, of course, how much real information, we do not know.

Business attracting agents rely on data, and the more enterprise data, the faster the de-conversion.

Enterprise resources are very important for business attracting agents. This advantage relies on the accumulation of peacetime and the establishment of a reserve enterprise resource pool.

Second is the marketing capacity.

Industrial parks Business Attracting is difficult, and you may only recruit a few enterprises a year. If we are slow to do the park recruitment ourselves, we can stick to it and know that some things cannot be rushed. However,business attracting agents must bear the pressure from the developer, all developers are pursuing rapid to change, not allowed to slowly to do it.

This requires a strong marketing ability to accurately push the project to the target customers, reduce the cost of extension, improve the conversion rate, spend the least money, and achieve the greatest marketing effect.

If there is no rich enterprise resources, and no strong marketing ability, transformation tobusiness attracting is a very difficult thing.


business attracting agents need to pay attention to teamwork.

Many industrial parks have self-built business attracting promotion teams, usually the personnel are all-round talents., the need to develop their own customers, need to contact their own communication, need their own reception to negotiate, need themselves to do business services, and so on.

To be an agent, you must work as a team.

Excellent investment agent has a professional team, the team has planning, marketing promotion, copywriting, design, marketing, sales and other personnel, division of labor cooperation.

After receiving a new project, immediately set up a team, formulate a work plan, carry out market research, project positioning, product packaging, marketing and so on.

Transformation from the development of Industrial real estate to light assets management, the team should also transit, business attracting model should also be transformed.

Whether the transition to light assets management will succeed,In the end, it is a matter of people.

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Marketing Insights Justin D. Lee Marketing Insights Justin D. Lee

Tuning Your Growth Engine: How Insights Power Market Success

Robert Olsen

“There is nothing quite so useless, as doing with great efficiency, something that should not be done at all.”

― Peter Drucker

Why is it that the best run companies often have the hardest time growing?

I recently had the pleasure of exploring this issue while speaking at the Intelligence Leadership Forum (ILF), led by Liam Fahey — who literally wrote the book (well, actually, eight books) on the subject of insights. What we realized is this: Operational excellence – no matter how good it is – can never be sufficient to win in the long term.

As we peeled back the layers on this puzzling reality, a recurring theme developed; So many CEOs rely on history and instinct to run their businesses. And for all the operational excellence they’ve developed over the years, they often don’t seek direct insights on customers, competitors and even their own employees. But in neglecting this, they are turning their back on the best opportunity to keep their business apace with market forces.

This is especially true in an era where businesses are under assault from many angles: the fallout of a global pandemic, new and renewed competition, and a digital tidal wave that has swept across the landscape.

Here’s the problem as I see it- so many companies have put all of their eggs into the executional basket developing robust processes to manage, manufacture, and maintain. But, while they’ve been focused on operational efficiency within their walls, they miss the insights needed to understand the forces that have transformed their market.

For companies that want to drive top-line growth by attracting new customers, launching new products or simply growing new customers, a heavy execution and operational focus can keep the mindset within its four walls. To drive growth, they need to gain and leverage a reliable market-based perspective.

Insights – The Missing Piece

The Insights professionals I spoke with at the ILF, understand that growth companies need more – not more data or more marketing tactics, but instead more understanding. This includes a keen understanding of how we reach or serve customers in TODAY’S market, and the understanding of real insight data – a laser focus around who we serve, what they need, and whether we are continuing to satisfy and delight.

In a world where the market is doing all the driving, using a car with just the “execution” gear could leave you at the wrong destination or worse, leave you stuck on the side of the road. Adopting an insights-first posture requires a mindset and capability shift but comes with a significant payoff- the restoration of a growth-oriented trajectory to complement operational prowess.

Consider insights as the foundation of this mindset shift – a key for making decisions that will inform the strategies and tactics that follow. Why is this so critical? Because it’s here when we give the voice of the customer its rightful place in our process. We can no longer fall into the all-too-common trap of thinking that we know what they think.

Instead, we need to focus our insight -- creating process on three key areas:

Customers: What do they think of you? What do they think you’re known for? How do we compare with the competition? What are their pain points? What do they truly care about? How do they make decisions?

Competition: What are they known for? How are they perceived by your customers? What is their growth strategy? If they knew your strategy, what might they change in theirs?

Company: How do our employees perceive our offering and our approach to the market? Do they know why the company exists? What are the culture and norms? Though this is often overlooked, it can be difficult, if not impossible, to deliver great customer satisfaction without great employee satisfaction.

Tying it All Together

Insights and a market-based perspective bring us full circle for better execution. If execution isn’t working well, it's likely not the execution activities directly, but a disconnect with one of the earlier steps. Moreover, having the right insights and strategy often allows us to do more with less. Such a mindset shift may take a while to evolve. You can accelerate the process by getting the help you may need. Please reach out if I can be of assistance.

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Management Insights Justin D. Lee Management Insights Justin D. Lee

8 Skills to Become More Culturally Adept at Work

AMA

In a global business world and any organization where people of various nationalities, ethnicities, races, genders, and generations work together, cultural competency is a vital skill. Whether you’re the CEO of a multinational corporation, a shop floor manager at a factory, or a team leader within a small or mid-level company just about anywhere across the USA, it’s imperative to develop the ability to recognize and respond effectively and appropriately to cultural differences in perspectives, practices, values, behavior, and norms. When you’re sensitive to and respectful of how people from other cultural groups think and act, you’ll be able to adapt your communication and behavior style as needed to avoid misunderstandings, mitigate conflict, build trust, support collaboration, and, ultimately, improve performance and results.

Improving your cultural competency, like every core business competency, requires a combination of commitment, effort, and education. To get you started on a firm foundation, the experts at American Management Association (AMA) have identified eight related skills that need to be well-developed. Here’s an overview:

Self-Knowledge. Everyone has biases based on our own background, experiences, and preferences. Having a cultural bias doesn’t make you a bad person, let alone a bigot. But it’s important to be able to identify and recognize your own deep-rooted feelings about and reactions to different ethnic, racial, or other cultural groups—and understand how those emotions impact your thoughts and behavior. To prevent a bias from determining how you judge or treat an employee from a different group, self-knowledge is crucial.

Self-Regulation. Becoming aware of your biases isn’t enough. You have to be able to manage the feelings and emotions those biases might trigger. Self-regulation is the ability to consciously choose how you respond to employees from different races, ethnicities, genders, religions, and age groups as opposed to reacting based on unconscious biases and the negative stereotypes attached to them.

Interpersonal Sensitivity. Everyone is their own person, regardless of their group affiliation, and deserves to be seen, heard, and valued as an individual. Interpersonal sensitivity is the ability to accurately assess the abilities, states, and traits of each unique employee from verbal and nonverbal cues—and adjust your behavior as needed.

Cultural Sensitivity. While everyone should be viewed as an individual, it’s important to also acknowledge and validate the influence of larger group ties. Cultural sensitivity is the ability to respond appropriately to the feelings of others who share a common racial, national, religious, linguistic, or cultural heritage. This includes taking care to avoid cultural appropriation. When someone from a dominant culture adopts the dress, mannerisms, slang, or other practices of a culture that is not their own and has been historically marginalized or oppressed, it often reinforces an imbalance of power that still exists and thwarts productive cultural exchange.

Empathy. Despite our cultural and personal differences, we’re all human beings with the same core human emotions. In the workplace, an empathetic leader is sensitive to each employee’s feelings, on a human level. Practicing empathy also means having the ability to take into account others’ perspectives and circumstances, even when they’re vastly different from your own.

Flexibility. Being flexible goes beyond responding to your company’s changing circumstances and expectations with deftness and ease. In terms of diversity and inclusion, flexibility means staying open to and embracing the perspectives that all employees bring to the table, encouraging others to share views that may differ from your own, and respecting others’ opinions and ideas.

Curiosity. Being curious is a wonderful quality for bridging gaps and building bonds among diverse employees. Curiosity is not just being willing to learn about different cultures. In the workplace, curious leaders seek out opportunities to interact with diverse individuals and express a genuine, respectful interest in discovering their culture and its distinctive qualities.

Tolerance for Ambiguity. It’s not unlike being a foreigner struggling to navigate an unfamiliar country. When managing a multicultural workforce, uncertainty, unpredictability, misunderstandings, and tensions come with the territory. A healthy tolerance for ambiguity can help you handle it all with calm and confidence. What’s more, when you understand the dynamics behind cultural clashes, you’ll be better equipped to use conflict as a constructive process to exchange ideas and bring about resolution.

Keeping these skills in mind and practicing them whenever possible is the first step to cultural competency and sensitivity. The payoff: a more productive and happier workplace for everyone.

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Strategy Insights Justin D. Lee Strategy Insights Justin D. Lee

How to be a great 21st-century CEO

What do CEOs do? Why do they do it that way? And what matters most?

To answer those questions, we identified 200 highly successful CEOs and conducted in-depth interviews with 67 of them. We found that there is no simple recipe for success, but there is virtue in simplicity. Indeed, the CEOs we interviewed could describe their business strategy in an elevator ride up Shanghai Tower.

We also found that, in a sense, all CEOs have the same responsibilities, such as working with the board, engaging stakeholders, setting direction, and creating a positive culture. What separates the best from the rest is how they approach these tasks. All excelled at some, were good at the rest—and knew the difference. All are world-class integrators. And all applied a distinctive set of mindsets against these responsibilities. In our own effort at simplicity, we identified the six mindsets that characterize great CEOs.

Be bold. In times of uncertainty, it can be tempting to minimize the downside. However, that all but guarantees either mediocrity or decline. Successful CEOs want to avoid making mistakes, of course, but they also act boldly, actively seeking significant opportunities. They raise the aspirations of the company, and they look for intersections where the business and the market meet. In effect, they are excellent futurists and thus can define the right vision. While they will cut their losses if a move is a dud, they stick to the strategy. The vision comes first; financial performance flows from that.

Treat the soft stuff as the hard stuff. Only one in three strategies is successfully implemented—in large part because change generates resistance. That is why the “soft stuff”—that is, matters related to people and culture—can be the hardest stuff of all to get right. Research has found that companies that solve the soft stuff are more than twice as likely (from 30 to 79 percent) to execute a strategy successfully.1 To carry their organization with them, leaders need to make the case for change, and then keep track of results.

Solve for the team’s psychology. To build high-performing leadership teams, the best CEOs start with roles, not people, asking what the most important jobs are and then finding people who can do those jobs. And they design for overall functionality, bringing in a wide range of expertise. CEOs must engage with each individual while keeping some distance. And, again, the soft stuff counts.

Help directors help the business. The board is the CEO’s boss, but an awkward one—a lot of people, infrequently seen. Like any relationship, the bedrock is trust. That means being open, honest, and prompt about plans and problems. Bad news is, well, bad, but delivering it is also a chance for the board to help, which is its function. CEOs should establish a strong relationship with the lead director and check in with other directors once or twice a year. Finally, introduce the board to the company by connecting the board to managers. As Piyush Gupta, the longtime CEO of Singapore’s DBS Group, put it: “The board, to me, is a partner, and they can talk to anyone in my management team. I believe the free flow of information is helpful for complete alignment.”2

Start with “Why?” Purpose can be difficult to define. At the very least, it should be powerful enough to inspire people, simple enough to be readily understood, and make business sense. And purpose matters: companies with a clear social purpose have significantly outperformed the S&P 500 over the past 20 years.3 The best CEOs ask themselves why their company exists, then make purpose an intrinsic part of the business model, knowing that testing strategy against purpose can open up new areas of growth. Leading with purpose can also enhance employee well-being and build loyalty.

Do what only you can do. Being a CEO is a 24/7 job, but no one can work that way. Great CEOs make it a priority to manage themselves to ensure that they are not being pulled apart. That is obviously personal, but we did find some commonalities. The most important is self-discipline, particularly regarding the use of time. Old-school techniques such as lists, stars, and color coding crop up often as time-management techniques. At the same time, the CEOs we spoke with also build flexibility into their schedule—to respond to the unexpected or simply to think. Many combine high-intensity work with recovery periods, whether that is a ten-minute break between meetings or playing the piano. Ultimately, managing personal effectiveness is about developing a sense of perspective, and then using that to see into the future.

No book can create a great CEO, any more than a boxing manual can produce a Manny Pacquiao. But in business, as in boxing, there is such a thing as good technique. CEOs matter: we calculated that the 200 CEOs we identified created additional economic value of about $5 trillion. By identifying the mindsets that characterize great leadership, we believe that excellence can be cultivated—now and in the future.

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Life Science Insights Justin D. Lee Life Science Insights Justin D. Lee

Ending child marriage: ensuring healthy futures for girls

The Lancet

One in five women are married before the age of 18 years. This fact has serious ramifications for health and wellbeing. Child marriage is associated with pregnancy at a young age, dangerous complications during pregnancy and childbirth, HIV acquisition, and intimate partner violence. Demographic changes mean that the number of adolescents is increasing and therefore more people will be at risk of child marriage. Disruption to education and a rise in poverty caused by the COVID-19 pandemic is estimated to put another 10 million girls at risk of child marriage over the next decade, in addition to the 100 million who were already projected to become child brides. Ending child marriage involves health, legislature, the economy, education, culture, and religion, making interventions difficult to coordinate. Harmful norms, including gender inequality and social, religious, and cultural practices, can be difficult to change. For the poorest families, who are struggling to survive, marrying off a child early might appear to be the only option. What, then, will it take to end child marriage globally?

First, is an appreciation that child marriage is a truly global issue. 12 million child marriages happen each year, largely in northwest central Africa, south Asia, and South America. 76% of girls in Niger, 59% in Bangladesh, and 36% in Brazil are married before the age of 18 years. But the idea that child marriage is a concern only in the global south is false. There were nearly 300 000 child marriages during 2000–18 in the USA, where child marriage for girls and boys remains legal in 44 states. In Germany, where child marriage has been illegal since 2017, 813 child marriages were reported in 2017–20.

144 countries have committed to the Sustainable Development Goals target 5.3, to end child marriage to achieve gender equality by 2030. However, essential reproductive health interventions, such as contraception and abortion services, remain illegal or hard to access in many countries, not least in the USA, where the US Supreme Court has rescinded a 50-year-old decision on the constitutional right to abortion. This hypocrisy will lead to more girls and adolescents in poverty, at risk of dying from unsafe abortions, and marrying or cohabiting under the age of 18 years—for some, marriage is the culturally acceptable response to an unintended pregnancy. Keeping child marriage laws in place is often a misguided paternalistic response to the effects of other anti-reproductive health laws that make girls more vulnerable in the first place.

Fortunately, the legal environment surrounding child marriage is not entirely bleak. According to UNICEF, child marriage is decreasing globally because of laws that have raised the marrying age to 18 years and investments in interventions; most progress in the past decade has been in south Asia, where a girl's risk of marrying in childhood has dropped from nearly 50% to less than 30%. In England and Wales, a bill was passed in April, 2022, to raise the marrying age from 16 years to 18 years in the hope of ending forced marriage, with fines and up to 7 years’ imprisonment for any adult facilitating such a marriage. However, punitive laws can lead to unintended consequences, including underground marriages and penalising minors, that might further marginalise families, especially those in poverty. Besides, legal prohibitions are only effective if they are enforced. Rights for children, particularly girls, and women are fragile. Civil society, human rights, and gender watchdog organisations must be supported to hold leaders accountable to rights-based legislation.

Ultimately, raising the legal age of marriage does not address the root causes of child marriage. There are other effective interventions. A 2021 systematic review for the UN found that the most effective interventions to reduce the prevalence of child marriage helped girls to remain in school through cash or in-kind transfers. Expanding labour market opportunities to ensure economic independence and fostering the development of livelihood skills remove the incentives that drive girls into marriage.

Every girl should be able to imagine a future for herself in which she has an education, economic potential, the right to choose when to marry, and the bodily autonomy to decide when and if to have a child. The alternative is a world in which girls are commodities for sexual exploitation and for procreation. Laws permitting child marriage need to change. But the effects will be minimal without investment in programmes that empower girls, change social norms in families and communities, and provide services to address the inequities across health, education, and economic security that cause child marriage to begin with.

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Justin D. Lee Justin D. Lee

How RFID-enabled visibility is helping warehouses navigate through labor shortages

https://www.aimglobal.org

Studies show that rising demands in warehouses will be changing the landscape of supply chains over the next five years. And furthermore, according to a recent Zebra Study, 60% of Warehouse Leaders expect labor recruitment to be a major challenge over the next five years.

In the face of increased demands and a shortage of workers, one of the most important new challenges to overcome is improving asset visibility across supply chains. Enhancing visibility is significant because it provides your warehouse team with intelligent information that helps your business make informed decisions to improve efficiency and productivity.

RFID Solutions for Warehouse application RFD40Implementing RFID technology built to withstand tough warehouse conditions will modernize your warehouse with maximized visibility that optimizes inventory management, picking, and cross-docking. In fact, 77% of respondents agree they need to modernize their warehouse operations but admit they are slow to implement new technology to do so. To remain competitive, today’s warehouses must find the balance between simplistic visibility and warehouse optimization.

Choose higher visibility to create a more flexible and optimized warehouse

Order pickers have been estimated to spend 70-75% of their time traveling from location to location picking inventory for orders. With that understanding in mind, imagine how wasteful it is when inventory is inaccurate or has gone missing. Investing in RFID automated solutions that can improve inventory accuracy to near 100% can double or even triple productivity by eliminating downtime spent traveling for inventory picking.

Maintaining a high level of inventory accuracy is even more difficult during a labor shortage. That’s why warehouses are leveraging automated RFID-systems to maintain efficient operations and empower their smaller workforce with better information.

A2B Tracking is a certified Zebra Advanced RFID Specialist. Our partnership with Zebra allows us to provide cutting edge technology to help organizations digitize their operations to improve speed, productivity and accuracy – even during a labor shortage.

The A2B Tracking RFID software platform provides a secure, cloud-based asset management solution to achieve 99% inventory accuracy or better using advanced barcode and RFID. The key components to the A2B Tracking RFID platform include:

RFID Solutions fixed readersMobile RFID inventories – Transform your warehouse with mobile RFID asset tracking to perform fast and accurate physical inventories. Choose Zebra’s RFD8500 or RFD40 handheld RFID readers to scan hundreds of asset tags per second and update inventory systems instantly. Equip your warehouse workers with fast RFID tag capture to perform cycle counts, commission assets, check-in and check-out or locate specific items that have gone missing.

Fixed RFID reading – Revolutionize your supply chain with hands-free automation to capture items as they move throughout your facility. Fixed RFID gateways automatically improve inventory accuracy by tracking assets as they move throughout your facility. Eliminate human error by routing your assets through a fixed RFID gateway to automatically update location information without interrupting your normal business processes. Have instant visibility into the time and direction that an asset moves through a gateway indicating the new updated location.

Autonomous Mobile Robots – Autonomous Mobile Robots (or AMRs) that have RFID capabilities are designed to move steadily and precisely throughout your warehouse to provide continuous cycle counting and inventory tracking. This automated data collection system is a game-changer for organizations that want to perform inventory counts and checks multiple times a day. AMRs will scan all RFID tags with a location, date and time stamp and record that data in the A2B Tracking asset management platform. These frequent cycle counts create a robust audit history that is accessible to everyone in the organization. Automated mobile inventories can free people from cycle counting and allow them to focus on more high-level work. RFID immediately improves inventory tracking, increases accuracy, and saves time.

A2B Tracking RFID Solutions

A2B Tracking integrates RFID solutions to improve visibility and accountability for all types of assets. We can customize a solution for your organization that includes mobile and fixed RFID technologies to help you achieve total asset visibility. We can also provide AMRs to provide automated mobile inventories to support your warehouse team with continuous cycle counts to maintain extremely high inventory accuracy levels.

Implementing automation like RFID technology into your warehouse helps improve productivity even when your business is short on workers. Learn more about the RFID solutions from A2B Tracking to start streamlining your inventory management today.

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Industrial Estate Insights Justin D. Lee Industrial Estate Insights Justin D. Lee

Don’t bury it yet: Retail is far from dead

Dan Rafter from RE Journal

Think of the commercial sectors hit hardest by COVID-19. What comes to mind? Office, hospitality and … retail, right?

Maybe. But commercial real estate professionals working the Minneapolis-St. Paul market say that the retail sector in the Twin Cities and beyond is firmly in rebound mode today. That’s because retailers have adjusted to the new shopping habits of consumers. They’re focusing today on in-store pickup, curbside pickup and increased delivery options.

These retailers are taking the omnichannel approach – focusing both on brick-and-mortar locations and their online presences – to succeed in an environment that still remains challenging.

And plenty of the retailers doing this are doing business today in the Twin Cities market.

Drew Johnson, senior vice president of development with Excelsior, Minnesota-based development firm Oppidan, said that retail real estate remains an important part of the company’s business. And, he says, he sees a bright future for this sector.

“By no means is retail dead,” Johnson said. “It is still an important part of our business.”

In the Twin Cities area, several retail types are in expansion mode, Johnson said. That includes car washes, fast-casual restaurants and daycare centers.

And the Twin Cities has an advantage over some markets: It isn’t plagued with much vacant junior box space, Johnson said. Retailers who have wanted to expand in the Minneapolis-St. Paul market are filling any junior box space they can find as an alternative to building new spaces. The reason? Construction costs are so high today.

As Johnson says, most well-located power centers have filled in any empty space that opened during or before the COVID-19 pandemic.

“Of the junior box groups that have left the market, names like Kmart, Sears and Shopco, most of that space has been back-filled,” Johnson said.

The exception? Larger spaces in malls. These spaces are more difficult to fill not only because malls themselves are often struggling, but because there are so many additional regulations about which retailers can fill these spaces.

Mixed-use developments that feature retail spaces are also performing well throughout the Twin Cities market. The key, though, is that the developers of these spaces must find sites that work for all the uses at them.

Developers who are building a multifamily tower with first-floor retail, for instance, need to make sure that they are building this development in an area where there is enough demand for both retail and apartment units.

“If something is a bona fide site that works for both the retailers and the apartments, you can make it work,” Johnson said. “It has to be a really good site. Pulling off these projects is a little bit harder than developing straight retail or straight apartment buildings. For the right site, for an experienced developer, mixed-use can certainly work.”

Johnson said that more mixed-use developments should pop up across the country, including in the Minneapolis-St. Paul market. Cities are expecting these types of developments, Johnson said. Minneapolis, for example, has a zoning ordinance that pushes for mixed-use projects.

“When the project has a strong anchor tenant and the rest of the space is built around that tenant, that is usually a good investment in the community,” Johnson said. “But when you don’t have tenants in place and a city wants you to build a lot of retail space into a multifamily project, and the space is not well-thought-out, that can lead to problems. Developers might be susceptible to overbuilding the amount of retail space.”

As in most cities, Minneapolis and St. Paul do face challenges when it comes to the retail sector. This is especially true in downtown Minneapolis, which is still recovering from the impact of COVID-19, a lack of workers in downtown offices and the protests following the murder of George Floyd.

The hope, though, is that downtown Minneapolis will rebound, if slowly at least steadily. Already, more people have returned to downtown offices for work. As that trend gains strength, activity should steadily return to downtown, helping the retailers and restaurants working in this market.

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Marketing Insights Justin D. Lee Marketing Insights Justin D. Lee

In the future, what kind of person can seize the most scarce dividend?

Sales and Marketing

We often discuss and chase all kinds of dividends:

Flow dividend, capital dividend, platform dividend...

However, there is another kind of dividend, which may be the most scarce, the most competitive, and the most easy to be ignored by everyone:Value dividend.

On hearing this, someone might jump right up: What? Values? And dividends? Isn't it written on the wall for others to see? Are you serious?

Of course. Thought determines action.

I also found that as the business environment matured and normalized, "values" were no longer just words. In the future, a "value dividend" may only be available to a very small number of people.

There are certain values that should be known and practiced as early as possible.

Passion

What is passion?

Passion, is a burning dream, is the future section, is what the world will look like, is you mention it is particularly excited.

I'm not kidding. Many people may work hundreds of hours a week for their dreams, tirelessly. For example, let everyone have a computer on the desktop, like the eradication of poverty and hunger, such as the arrival of distant planets. Or simply to improve the lives of yourself and your family. With passion, you have the power to stimulate your heart.

So you know, when a person has no passion, he is a lack of internal motivation. Such people are not worth cooperating with.

Why? Because the loss of passion, it is inevitable to go to the opposite of things - cynicism. What kind of person is this? You said, "Work hard, I'll give you a promotion." He said, forget it, that means more to do.

What you're doing, you say, could change the lives of millions of people. He said, why can't those people change themselves.

You said, you do not want to become CEO, marry Bai Fumei, on the peak of life.

'I'm not interested in peak life, 'he said. You talk to him about dreams and goals, he says the economy is not good, the industry is not, the customer is not bad, the team is not able, in short, these are not good. Nothing could ignite the fire in him. Such a person is not worth cooperating with and cannot cooperate with.

In the same way, you will also know that today many people are beginning to "Buddha," which may not be very good.

What is the real "Buddha system"?

The real Buddha system is after experiencing the big wind and big waves, only to realize the flat light is true.

Today, the "Buddha system" of many people is more like an excuse, which is to give up treatment after being tortured by reality.

We can take "Buddha" as a joke and relaxation, but don't really "Buddhism."

The Buddha, there is no passion.

There is no passion for people, nothing can motivate, no matter how good the car, can only be pushed to go. Without passion, life is towed by a tow truck, and while you sit in the car, all you can do is watch others drive by while you wander around looking for the next gas station.

Passion is a burning dream. Ordinary people use matches, "madmen" use torches. Don't be afraid to be crazy, crazy can be a hero.

And if it fails? That's crazy at least once.

If you can put your own experience into the alchemy furnace of Lao Jun, if only a grain of elixir, that is: passion, fanatical passion

Accept the great challenge

With passion, we can accept and face challenges.

Not just a challenge, but a "huge" challenge.

How is it possible to hear a "huge" challenge and break into a cold sweat? Can't we finish?

But in the face of great challenges, it is possible to stimulate potential, access to several times the speed of growth.

In high school gym class, everyone jumps the pommel horse together. Suddenly the physical education teacher said: "you who dare to try, vertical jump over?"

Vertical jump, very difficult, because in case not jump past, the body may directly stuck above.

But I decided to give it a try. I know, want to jump over, the key is the run-up speed, and the fulcrum of the hand, the hand should try to stretch forward.

When I was struggling to run, "pop" a press down, hard jump, that moment what do not remember. But by the time the reaction came, the man was already standing on the opposite palm pad. The past seems like a long time ago, and now the thing is, I did it.

Confidence, is so little by little.

So the "big" challenge can seem like a small thing, but the key is to overcome yourself again and again.

So I like to take on big challenges after work.

When I was at Microsoft, I applied to join the "hero team," and rushed to the front line of the battle. I would stay awake for days and nights, living in the office, and then find a sleeping bag to lie in the meeting room.

I also took the initiative to apply for the most important customer service, carrying 3 mobile phones, often got up from bed in the middle of the night to answer international calls.

Such things, there are many more.

What I would say is, if possible, take on the "big" challenge.

Because one day you will find that life and the reality of "huge" is really unimaginable.

The great challenge is to practice yourself before the day of discovery.

Responsible and reliable

Reliable, is a precious quality. To say that a person is reliable is a high praise.

What is reliable?

Being reliable is about making people feel reliable, committed, and fully responsible for their actions and results.

Put it more bluntly, can handle the matter.

A lot of people can't handle things.

When fighting to plug the loophole, instead of being the first to rush, but when the deserter.

Things didn't work out well, he said it was the temp doing it, the intern doing it and it was someone else's problem.

That's not good.

One thing to you, a heavy burden, can you carry?

The burden is loaded with the complexity of the external environment, the limitation of internal resources, the evil and cunning of the enemy, and your ability and power. The burden on one's shoulders can be overwhelming.

But can you carry it?

The person who can carry the matter, has the responsibility, can go up.

Sometimes, do not want to carry, can not carry, may be very safe, but will not let people really admire and rest assured.

Openness and respect

It should not be the prologue and disclaimer to criticize others, but really keep an open and respectful mind.

At what level is it open? At what level?

Be open to discussion and respectful of character and outcome.

When I was at Microsoft, I once sat on a conference call between the CEO of Greater China and Microsoft's global CEO, Steve Ballmer.

At that meeting, I was in a cold sweat.

The two CEO, actually in the phone back and forth each other "attack," arguing for red. One said there was a problem with your views, the other said your views were not thought through.

I even think that two people want to choke each other down the line.

Unbelievable.

Such a thing, in the side is difficult to see, we can hardly see a working state called "open."

We see more of, "Boss, what you say is what it is."

At the meeting, the boss said, "Got it?" Got it. Is there a problem? Nobody raised their hands. You know what to do? Nobody nodded or shook their heads.

Anyway, noncommittal.

Wait until the end of the meeting, whoever likes to do it. I didn't say I was going to do it or I wasn't going to. Anyway...

From the perspective of communication, this is not an open state, and from the point of view of work, it is an inefficient state.

Being open is having an open discussion about whether it's right or wrong, good or bad.

Then, respect other people's personalities.

The end of the discussion, even if the heart is not completely agreed, but also respect the results, their implementation.

Perhaps to say a word, sometimes our hearts should be stronger. During the discussion, it is not who wants to deliberately target you and frame you, it may just be that this thing is not done right, and the plan is not good enough.

To be open and respectful is to have the opportunity to build an effective network of collaboration and progress.

Strict demands on self

This, it should not be said. Self-discipline is the basic skill.

A lot of times, people will say, "How he's how," "how he how"...

Try changing "him" to "me."

"How am I how" "how I am how"...

Others how, others have not done, is other people's business. But I'm gonna do it.

The boss said to give me the plan next Monday.

If I'm strict, I'll hand it in this Wednesday.

I know that some people may say sarcastic remarks, or even call you stupid.

However, because you gave it in advance, you have more time to communicate with your boss and change it, so the next Monday will be a more perfect version.

These words sound familiar, but really ask yourself:"Can I try harder today?" "Can I set a higher standard for myself?"

Because I often hear people say that I am smart, I want to bring talent where.

If you're talented, congratulations.

But with the efforts of many people, it is not the turn to spell talent.

It's a little pricked, but it's true.

Sometimes, self-strict requirements sound too empty, too far, then try to start from the simplest things.

For example: get up early.

You decide to get up at 7: 00 tomorrow morning, run, recite English words, or better shape for work.

At exactly 7: 00 a.m., the alarm went off. Here you go. The most important decision of your life. Do you kick the alarm clock, or bravely get up?

Self-strict demands. It will pay off.

Integrity & Honesty

Finally, the most fundamental and important values - integrity and honesty.

Integrity is having a set of standards for judging right and wrong and never doing wrong. Honesty is never lying.

It is reflected in the company's system, the performance of the work, and the day-to-day person.

Once, my colleagues and I were going to see a mayor.

We prepared a small gift, a keyboard, a common keyboard that you can buy in any store.

Can not, can not send too expensive things. Because Microsoft rules: within a year, can not give a regular customer accumulated more than 50 dollars together.

Otherwise, it's bribery.

But that keyboard, in some stores, costs more than $50, in others less. Right on that threshold.

Send? Or not?

On the way to see the mayor, we kept calling, asking the legal department if we could deliver it, and you could give us a definite word. If we can't deliver, we won't take it out.

After a final discussion, the Legal Department gave us permission to send the keyboard.

That's right. It's that strict.

There are times when we really hate the legal department, but they are the ones who maintain the integrity of the company.

Some people know after saying, your company really like this? Too serious?

Really.

I often feel strange, integrity and honesty, this is not a person, an enterprise the most basic bottom line and requirements? Do not know when, integrity and honesty as a joke, or a supreme reward.

So, some things, do not do.

Example: The supplier sends a shopping card at the end of the year. Can't take it.

For example: the company's customer at the end of the year issued a 200 yuan red envelope. Can't take it.

For example: other companies hold conferences, invite you to meetings and cover travel expenses. Can't go.

These things, the form of professional bribery.

Integrity and honesty are important components of business ethics.

Business methods, which determine how high you fly; But business ethics can determine how far you fly.

Perhaps you will say, involuntarily how to do?

You can't do the right thing, at least, you can do the wrong thing; You can't tell the whole truth, at least, you can not lie.

Integrity and honesty are about making the world a simpler, more productive and healthier place to live.

Last words

I know that there are many companies and individuals who want to do things in accordance with very positive values, but a little bit of "positive" will not survive.

So, have to invite people to dinner, accompany people to drink, give gifts, or there will be no orders and business. However, we should also know that many companies and individuals, relying on very positive values to live today, and live well. There are more and more such companies and individuals; Such an era is getting closer and closer.

Some people can make money clean, only some people believe that can clean net money. Some people enjoy the value bonus, only then some people believe that there is a value bonus. As the business environment improves and the business world becomes more regulated, people will desire, need, recognize and like these values. Values, but also the future of the few people can enjoy the potential energy and dividends.

When you believe in and follow these values, you will find that your appearance may not change, your clothes may not be changed, your hair is not changed, but your inner, has been completely transformed.

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Management Insights Justin D. Lee Management Insights Justin D. Lee

How managers' time spiralled out of control-

Journal of Business Management

In recent years, enterprises around the world have carried out intelligent transformation, smart factory, intelligent workshop construction boom surging, some places even appeared "work quickly," "no conditions to create conditions to go" situation, this is happy or sad? What is the root cause behind the wide demand for intelligent transformation? What is the relationship between man and machine? Is intelligence more important, or transparency?

The smart factory is "playing bad"?

From the dozens of smart factories and smart workshop cases, the author found that they exist several relatively common phenomenon.

1. The input and output of smart factory is better in industries with large production volumes.For example, in the chemical fiber, cotton spinning, medicine, electronics industries, from the investment to the finished product process, less and less manual work, through the intelligent transition of production equipment, enterprises have won a reliable scale advantage.

A well-known cotton spinning enterprise in Jiangsu has successfully built a smart factory in 2018-2019. The number of workers in the same spindle is only one fifth of the traditional factory. The overall performance is far superior to the local counterparts, and the competitive advantage is significant. Now the investment has been basically recovered.

2. The construction of smart factory in discrete manufacturing industry is easy to focus on hardware, light software and neglect system.This situation is common in machining, food and other industries.

On the one hand, hardware visible, but also relatively good price, procurement, installation will be smooth. On the other hand, the software mainly involves production management, material management and the docking of equipment control system and production planning system, etc. It is difficult to fully consider the situation after normal operation in the construction period, so there are a lot of mismatch in the late.

And systematicness includes not only information system, but also the mutual adaptation of upstream and downstream collaboration mechanism and smart factory. Basically, the problem is solved only after formal use.

There is a home floor enterprise, in the cutting section to achieve intelligent, However, due to the problem of industrial agreement, before the execution of each production task, it takes a long time to adjust the design parameters, and manually input the machine terminal, resulting in low efficiency, no two or three days of batch life, generally not easily arranged here. As a result, the factory "reduced" to a tourist attraction, and rarely turn on.

  

3. Planning is out of sync.Some enterprises attach great importance to the construction of smart factories, but they are sloppy in planning the new factory, lack of sufficient research and study, often difficult to imagine how to make each station work in a specific space, what will be the conflict and so on.

It was like a family suddenly moving from their accustomed bungalow to a building. There is an enterprise in the layout of a new factory, after the processing center is installed, It was found that AGV car logistics routes and fire channel design conflict, the solution is either hit the wall, or remove a processing center, the enterprise is very distressed.

The planning of smart factory, in fact, involves a lot of fields, including water and electricity pipelines, the spatial layout of production equipment, the shortest logistics route, robot working environment, the convenience of workers' operation, personnel moving line, fire protection and so on.

Usually, the understanding of the smart factory is to carry out the infrastructure work first, and then to consider how to place the equipment and plan the space more carefully after the construction is completed, but it is not effective to realize the setup in advance.

  

Overall, these phenomena reflect the following problems:

First, the law of scale economy is ignored, and the investment in intelligent factories is not well prepared.

Second, as an innovative container for factory construction, the smart factory has some processes and modes that are completely different from the traditional infrastructure construction. However, enterprises lack foresight in human-machine collaboration, functional space collaboration, upstream and downstream business collaboration.

Third, under normal business conditions, enterprises lack foresight on the allocation of resources, capabilities and external conditions needed to operate a smart factory, leading to an increase in new irreversible costs.

  

In a sense, the smart factory has been "played bad" in recent years. A considerable portion of the input becomes the "bubble" under these labels of industrial Internet and smart manufacturing. Some enterprises become "martyrs" on the road of innovation. Likewise, more companies are watching, increasingly fearful of the failures they see around them.

  

So what are the top considerations when making decisions, building and operating a smart factory?

Respect the law of scale economy

The law of scale economy is still the basic law of economy, especially in the field of microeconomics. Unlike in the past, economies of scale now allow for the production of products that are not identical, allowing "no" change-over during continuous production.

  

The scale economy of the digital era is based on the calculation of the operating share cost. The production changeover has the conditions to achieve completely different products can also be low-frequency changeovers. In order to win the scale, such as 3D printers, as well as CNC drilling machine drill bit in the preset can be automatically replaced according to the needs of the workpiece.

  

In the industrial scenario, scale is embodied in the efficient "reuse" of industrial capabilities. The higher the frequency of reuse, the stronger the economic value and the better its sustainability. The scale of the industrial scene requires the full socialization of industrial capabilities. In a single, closed value network, industrial capabilities are not often called by other management units (market players).

But through the online way of socialization, industrial capabilities can be more industrial scene "see," this is an interactive process. The scale of the industrial scene produces the order "siphon," bringing the industrial siphon. Keeping the scale means that the processing cost and purchasing cost of a single product can be lower, resulting in a "value depression" and a siphon effect. Scale economy is not the scale of real products, but with the same kind of production process longer, the same capacity structure reuse frequency higher, which brings the time value of scale benefits.

  

From the above, we can see that the size of the smart factory is limited in two ways:

First, the time cost of smart factory changeover is high, which often comes from the constraints of upstream and downstream industry environment; Second, the coupling between intelligent factory equipment is too strong, order matching cost is relatively high. When the production task is not saturated, the socialization of production capacity is greatly constrained.

  

Therefore, some entrepreneurs believe that smart factories do not need to develop in the direction of "black light" factories and fully automatic factories. Enterprises also need to proceed from the actual, breakthrough to improve the capacity of bottleneck equipment, and gradually improve the coordination between equipment, as well as between equipment and business order fulfillment.

A pragmatic approach:

1. In some areas of production with more repetitive work and relatively perfect norms and standards, we can make more use of digital technology to improve the level of machine automation, and even use robots.For example, for assembly, painting, handling and other work, workers as long as the monitoring machine status, timely adjustment can be. In the case of uniform working standards, the advantages of machines are more obvious.

For example, a force of one newton is applied to press the first part into the hole of the second part. It is easy for the worker to grasp the magnitude of a newtonian force by his own feeling and experience. Different people, even the same person at different times will have different feelings, the actual work delivery can only be "big difference." But robots do a good job of solving this problem.

With the help of the sensor, the force of a Newton is always that large, ensuring the same standard every time. If there is an abnormal situation, the robot will also make mistakes, for example, there is a foreign object in the hole of the part, but the machine can not sense it, it will still follow the fixed procedure. At this time, the need for human intervention, at any time to monitor the running state of the robot, eliminate hidden dangers. With some sensor settings, this type of problem is not difficult to solve.

  

Robots and workers have different characteristics, cooperate with each other in specific scenarios, perform their respective duties, and finally complete the delivery, which should be a more appropriate mainstream state.

Should human intervention be necessary in exceptional cases of robotic work? Can we develop new coping strategies, eliminate them independently and restore normal order? This issue may need to be further analyzed in different industries and scenarios, and belongs to the category of continuous iteration.

  

2. In the field of accessories and tools consumption, digital technology can be used to upgrade.There is a steel processing plant, in the steel cutting workshop, every day to consume more than 200 saw blade, is a high cost. Every day there are more than a dozen reasons for the saw blade aging, saw blade broken in the steel situation, increased the cost of maintenance, rework and other motor burn out.

How to decisively change before the saw blade life advent?

Electrical and energy engineers based on historical data, set a different operating conditions saw blade life of the basic data. At the same time, through the current sensor to detect the changes in current, saw blade aging, the motor working current will slowly increase.

When the current is detected for 3 minutes (different working conditions have different time) more than the rated value, timely with the working conditions of the saw blade life comparison, and through the alarm prompt manual intervention.

Half a month after the implementation of this technical improvement project, the consumption of saw blades in the cutting workshop was reduced by 20% and no additional losses occurred. Surprisingly, energy consumption has also decreased, saving the overall cost of more than 10,000 yuan.

  

This is a very significant example of "small change and small change" through digital technology, which is actually upgrading the enterprise value chain, saving costs and ensuring better production order. This does not require an immediate introduction of high-end sawing equipment.

Which is more important, transparency or intelligence?

One of the constraints of the smart factory mentioned earlier is that the standard smart factory is more suited to socialization as a whole, that is, for use by other peer enterprises, because it is highly coupled in terms of its components and environment. This is a limitation in areas where agile collaboration is required, particularly in the project manufacturing business.

  

There are some project manufacturing companies in China, they pay attention to the efficiency of a single equipment, but also pay more attention to how to maximize the benefits of existing production capacity through the transparency of the upstream and downstream of the industrial chain. In fact, it is to open the dynamic information of the working conditions of its single equipment and equipment combination to the industrial partners through digital technology.

Here is a fictional story based on actual business situations.

In August 2023, Li Ming entered the steel pipe processing workshop of Guangdong Henghong Metal Products Co., Ltd. as the representative of Ardmore Shipping Company in the UAE. He will work here for 3 months, responsible for 22 batches, 16 specifications of the pipeline welding process site verification.

September 5, 9: 00 am, after the regular online briefing, He came to the steel pipe processing workshop, the day's work is the number of C05D 30 steel pipe surfacing, this number of steel pipe diameter 115 cm and below from 260mm to 210mm. Previously and 3 #, 5 #, 6 #, 8 # surfacing machine operator Huang Xuanyu confirmed the process parameters and drawings. According to the plan, 9: 30 Huang Xuanyu test machine, and again in the welding workshop to confirm the processing technology.

Huang Xuanyu is adjusting the machine, as a skilled, he quickly adjusted the three machine parameters, and in the 3 # test machine, all goes well! Li Ming was about to swipe his card to confirm on the terminal in the workshop when a barrage of bullets suddenly appeared on the work app and he also received a text message. It was originally the quality director of Ardmore Shipping Company who requested to adjust the thickness of the inner wall surfacing from 2.5mm to 3.5mm for the parts below 115cm. The specific requirements and reasons for change are in the update package of the system, requiring on-site supervision and immediate disposal.

Li Ming opened the link of the message sent by the quality director on the APP, and immediately entered the process change release page. After clicking on the release, the project manager, technical director and dispatching room of Su Heng company were aware of it for the first time, and the system updated the version of the material surfacing processing parameters involved at the same time. Less than 2 minutes, HuangXuanYu APP also sounded a rapid bell, at the same time 3 # machine has stopped working, its terminal flashing red light in prompt revision of operating parameters, but he can not operate.

Huang Xuanyu rarely contact this situation, after Li Ming tips, he in the workshop terminal card, confirmed the process change. The 3 # terminal adjusted the parameters immediately. Li Ming confirmed that 3 # can work normally, 5 #, 6 #, 8 # welding machine also automatically use the same parameters preparation.

The site quality inspector Chu Chunyan synchronizes the process change on her APP and office PC, and updates the inspection requirements in real time. The parameters were updated in the template for the test report. The inspector's first item inspection work list shows the need for coordination at Huang's workstation at 9: 20 a day in advance.

Huang also confirmed the process parameters of 5 #, 6 # and 8 #. After testing and comparison, the thickness and density of surfacing welding machine meet the requirements, and the current is stable. Li Ming, Chu Chunyan and Huang Xuanyu successively brushed the card at the terminal of the surfacing workshop, and the surmounting operation of the project officially began on this day.

At 11: 12, Li Ming got the same screen interface of the terminal of 4 welding machines in the office. With the help of the system, the parameter check is normal. 8 # work progress slightly behind other machines, he saw Huang Xuanyu over there to confirm the barrage, the reason is that the train sent a new batch of steel 3 minutes late.

In the afternoon, Li Ming went to the workshop again and exchanged views with Huang Xuanyu and Chu Chunyan on the processing technology of a batch of steel pipes the next day. They looked at the inventory and found that the material had been locked in the warehouse, waiting for the process to be confirmed before it could be "ready to go" into the driver's job list.

The three people also connected the big screen to the terminal machine in the workshop. They checked the process change record after May 2022 about the change of surfacing thickness, and found that it was mainly caused by the change in the specific location of the prefabricated parts. They made a knowledge label for this finding, the thickness change scenario, that can be used later by designers.

At 17: 20, the system pushed all the production records, quality inspection reports and electrode consumption reports. Li Ming read, signed an electronic signature.

At 17: 30, Li Ming saw the next day's specific operation plan, which included the detailed time of the substrate (steel pipe) and consumables (welding rod) to arrive in batches. He found that Huang Xuanyu, Chu Chunyan have seen this plan, and confirmed the specific work node. He also refreshes the next day's work nodes, as suggested by the system, where he needs to coordinate with other partners. At this point, the individual's daily work system has also been generated, he signed the electronic signature. There are no more tasks on the to-do list for the day.

This deductive story vividly illustrates how the internal and external roles of an enterprise can collaborate in real-time manufacturing based on a unified system and transparent mechanism.

Factory intelligent transformation priority, or transparent transformation priority? Different companies have different choices. In terms of ultimate business benefits and market competitiveness, it is mutually reinforcing to enhance transparency in the production method dimension and intelligence in the productivity dimension.

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IOT Insights Justin D. Lee IOT Insights Justin D. Lee

Chipotle Tests RFID Technology for Traceability

NEWPORT BEACH, Calif.

Chipotle Mexican Grill announced it is testing radio-frequency identification (RFID) technology to enhance its traceability and inventory systems at its Chicago distribution center and approximately 200 restaurants in the greater Chicago area. Chipotle is one of the first major restaurant companies to leverage RFID case labels to track ingredients from suppliers to restaurants via serialization.

"RFID labels transform inventory management into an automatic, digital function that optimizes restaurant operations and gives our Restaurant Support Centers access to inventory data in real-time," said Scott Boatwright, chief restaurant officer. "This integrated technology is improving our employee experience in participating restaurants while also benefiting our supply partners."

Chipotle said it has purchased more than 35 million pounds of locally grown produce in 2021 and has spent more than $400 million in food premiums over the last two years to buy responsibly sourced and humanely raised ingredients. The brand is giving further transparency into the direct source of its ingredients. The company has worked closely with the Auburn University RFID Lab to refine the pilot program, which is being tested on meat, dairy and avocados from five Chipotle suppliers. Ingredients in the test arrive at Chipotle restaurants affixed with RFID enabled case labels and are scanned by RFID readers, which complement existing scanners in the restaurants, requiring minimal incremental investment. The tech-enabled traceability system is designed to allow the company to act on food safety and quality concerns swiftly, efficiently and precisely, it claimed.

Participating suppliers have invested in RFID technology using Chipotle specifications, which is anticipated to save suppliers time on inventory management and stock rotation, mitigate human error and increase expiration date visibility and accountability. Chipotle invited key supply partners to participate in the test and provided partners with an RFID playbook with best practices and benefits of the program. The brand is leveraging its stage-gate process to test, listen and learn from employees and suppliers before deciding on a system-wide rollout of RFID labels.

"We have been developing our RFID program for two years and see this innovation as the next evolution of traceability and food safety," said Laurie Schalow, chief corporate affairs and food safety officer. "We are excited to test this innovation in the field with our suppliers and restaurants to enhance our robust traceability program."

Chipotle teamed up with industry-leading RFID partners including RFID software provider Mojix, materials science and RFID innovator Avery Dennison, and RFID reader and encoder solutions provider Zebra Technologies.

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Life Science Insights Justin D. Lee Life Science Insights Justin D. Lee

Can Drinking Coffee Prolong Life and Reduce Heart Disease Risk? How much daily drinking is the best?

China Medical Tribune

In many people's eyes, coffee is not only a drink, but also a culture, a way of life. For many, coffee has become the "standard" of everyday life.

At home, it allows people to spend time in a room filled with fragrance and experience slow life; When tired, it is the "good medicine" for office workers to recharge; Leisure time, it is an integral part of friends gathering and socializing.

But, drink coffee also should pay attention to method, how to drink will be more healthy?

Multiple studies presented recently at the 71st Annual Meeting of the American College of Cardiology (ACC 2022) Scientific Sessions show thatDrinking coffee, especially two to three cups a day, has been linked not only to a reduced risk of heart disease and abnormal heart rate, but also to longer life expectancy.Moreover, these trends apply to people with or without cardiovascular disease

Researchers stress that,The largest analysis yet of coffee's potential role in heart disease and death confirmed no link between coffee and having or worsening heart disease, on the contrary may have a protective effect on the heart.

Peter M. Kistler, MD, a professor at the Alfred Hospital and the Baker Heart Institute in Melbourne, Australia, and a senior researcher on the study, said "The data suggest that instead of banning coffee every day, it should be part of a healthy diet for people with or without heart disease." He further stated that “We found that coffee has a neutral effect, which means it's not harmful, and it may be good for you.。”

The research team used sample data from UK Biobank, a large, prospective database containing health information on more than half a million people who were tracked for at least 10 years. The researchers looked at the relationship between different coffee intakes ranging from one to more than six cups a day and the development of arrhythmias, cardiovascular disease (including coronary artery disease, heart failure and stroke), all-cause or heart-disease-related death in the subjects. Participants were grouped according to their reported daily coffee consumption (based on questionnaires completed at enrollment), such as 0, < 1, 1, 2-3, 4-5, or > 5 cups / day.

Overall, the researchers found two results:

1) Coffee consumption did not have any adverse effects on the subjects.

2) Controlling for factors that will affect heart health and longevity, including exercise, alcohol consumption, smoking, diabetes and hypertension, significantly reduced the risk of cardiovascular disease in many cases.

Drinking two to three cups of coffee a day has the best health benefits

In the first study, the effects of habitual coffee consumption on cardiovascular disease, cardiac arrhythmia and mortality were studied. Researchers evaluated data on 382,535 subjects with no known heart disease to see if coffee drinking played a role in the development of heart disease or stroke over 10 years of follow-up tracking. The average age of the subjects was 57 and half of them were women. The study found that

In general,Drinking two to three cups of coffee a day has the greatest benefit, reducing the risk of coronary heart disease, heart failure, heart rhythm problems or death from any cause by 10 to 15 percent.

Those who drank a cup of coffee a day had the lowest risk of stroke or heart-related death.

The researchers did observe a U-shaped relationship between coffee intake and new heart rate problems. Because subjects who drank more or less coffee each day had smaller benefits

The second study explored the association between regular coffee intake and improved mortality from cardiovascular disease in 34,279 people with different cardiovascular diseases. The findings:

Subjects who drank two to three cups of coffee a day were less likely to die than those who didn't.

Importantly, drinking any amount of coffee did not increase the risk of heart rhythm problems, including atrial fibrillation or atrial flutter, which the researchers say are often of concern to clinicians.

Among the 24,111 subjects with arrhythmias included in the analysis, the study showed that drinking coffee was associated with a lower risk of death. For example, subjects with atrial fibrillation who drank a cup of coffee a day may have nearly 20 percent lower mortality than those who didn't drink coffee.

“Clinicians generally do not recommend that people who already have cardiovascular disease or cardiac arrhythmia continue to drink coffee, so they are often overcautious and will advise them to stop drinking coffee altogether, But our study shows that regular coffee intake is safe and may be part of a healthy diet for heart disease patients.

Although drinking two to three cups of coffee a day seems to be the most beneficial, the researchers suggest that people should not increase their coffee intake, especially if it makes them feel anxious or uncomfortable.

Dr Kistler said: “Coffee drinkers should feel reassured that they can continue to enjoy their coffee even if they have a heart condition. Coffee is the most common cognitive enhancer - it refreshes and sharpens the mind. "

So how do coffee beans benefit the heart?

Coffee is often equated with caffeine, but coffee beans actually contain more than 100 bioactive compounds. These substances can help reduce oxidative stress and inflammation, increase insulin sensitivity, boost metabolism, inhibit the absorption of fat in the gut and block receptors known to be involved in abnormal heart rhythms, Dr. Kistler said.

In a third study, the researchers explored the impact of different coffee types on cardiac arrhythmic events, cardiovascular disease and mortality. They looked at whether there were differences in the relationship between coffee and cardiovascular disease, depending on whether people drank instant or ground coffee, caffeinated or decaffeinated.

Again, the study found that whether they drank freshly ground or instant coffee,Drinking two to three cups a day is associated with the lowest risk of arrhythmia, blocked coronary arteries, stroke or heart failure.Mortality rates were lower for all coffee types.

Decaffeinated coffee does not work well to prevent arrhythmias, but does reduce the incidence of cardiovascular disease, with the exception of heart failure.

Dr Kistler stressed that the findings show that caffeinated coffee is more popular and that decaffeinated coffee has no cardiovascular benefits.

In the future, further medical evidence will be obtained through trials

The team noted that the studies had several important limitations: The researchers were unable to control for dietary factors that may contribute to cardiovascular disease; Unable to adjust intake of any creamer, milk or sugar; The participants were predominantly white, so more research is needed to determine whether the findings extend to other populations.

Although research shows that people's eating habits don't change much in adulthood or over time. However, these results should be validated in randomized trials.

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Management Insights Justin D. Lee Management Insights Justin D. Lee

Shanghai Chip Company Vegetable Package Award! In this epidemic, vegetables are worth more than chips!

Electronic Engineering World

Recently, the local government has taken strict "blockade" measures due to the persistence of the Covid-19 epidemic in Shanghai, which has also led to the supply of living materials in some areas being blocked. As the blockade continued, many residents had been facing the problem of food running out and began to appear food shortages, it’s a little difficult to buy vegetables" and other stuff.

In response, many semiconductor companies have begun to support the employees and even some companies sent a rich "epidemic gift package." As the domestic semiconductor talent has been extremely scarce, at this time the major semiconductor companies have urgent staff needs, Timely "feeding," them can win over a lot of old staff's heart, and attract more talent's attention. Thus, the Shanghai semiconductor companies "epidemic package" competition officially kicked off.

Let's take a look at each semiconductor manufacturer's "epidemic gift package" in the end what?

1. Nvidia

Nvidia sent 1,500 pieces of "Epidemic Package" to all employees in Shanghai, covering 6 kinds of vegetables about 5kg and pork about 3kg.

2, Texas Instruments

Texas Instruments' "epidemic gift package" is mainly vegetable based, relatively rich varieties.

3. Qualcomm

Qualcomm's "epidemic package" provides a "three choose one" program, the price of about 500 yuan (including shipping).

4. NXP

NXP's "Outbreak Package" offers a "Choose from Three" option.

5. ST

ST's "epidemic package" is also very rich.

Image

6、ADI

ADI's "epidemic package" is also a combination of vegetables, eggs, meat and fruits.

.……

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Strategy Insights Justin D. Lee Strategy Insights Justin D. Lee

The Development of Chinese Digital Tourism Industry

PKU Management Consulting

With the advent of the digital economy, data and algorithms have become key production factors. Platform has become an important mode of economic organization. Digital technology has promoted cross-border integration as the new normal. The marginal cost of online products has been greatly reduced. Consumption and production in the digital economy have become highly interconnected. In this context, make full use of the characteristics of the digital economy, promote digital economy and cultural tourism combination, play to the advantages of the platform economy, strengthen regulation, promote the cultural tourism industry and other industries interconnection, has become a"Digital Tourism"A new track for industrial development.

"Digital Tourism"From the Internet economy, which used to be the backend of the market, we will move forward to the digital transformation of all factors, processes and forms of business in front-end factor markets, new infrastructure at the bottom and back-end industrial applications. Intelligent analysis and management, optimize existing business value chain and management value chain, realize from business operation enablement to product / service innovation, and then realize enterprise transformation and upgrading. Technological innovations such as AI, cloud computing, 5G, digitalization, networking, intelligent upgrading and big data will equip the tourism industry with the "wisdom core" of high-quality development. Promote the strong recovery of the cultural tourism industry, accelerate innovation and iteration, the cultural travel industry has begun to upgrade to the "number of intelligent cultural tourism."

"Digital Intelligence and Cultural Tourism" cannot be separated from a series of revolutionary breakthroughs in digital technology, but also from China's huge consumer market. "Digital Intelligence and Cultural Tourism" breaks the barrier of managers, operators and consumers, presents an explosive development trend, provides reference for tourism decision-making for leaders at all levels and departments, and realizes the scientific and efficient tourism decision-making.

Ⅰ. Policy support and business development

⒈Top-level policy design

In 2020, Ministry of Culture and Tourism, National Development and Reform Commission and other departments successively issued the "Opinions of the Ministry on Promoting the Quality Development of Digital Tourism and Cultural Industry" and the Opinions on Deepening "Internet + Tourism" to Promote the High-Quality Development ofTourism, " This year, the Ministry of Culture and Tourism issued the "14th Five-Year Plan for Cultural and Tourist Development" and the "14th Five-Year" Cultural Industry Development Plan, " As well as the "5G Application" Action Plan (2021-2023) jointly issued by the Ministry of Industry and Information Technology and other 10 departments in July, all of them are escorting 5G + cultural tourism from the top-level design level. With the support of a series of policies and technologies such as 5G, big data, AR, VR and cloud computing, digital tourism has gradually become the main direction for the transformation and upgrading of the tourism industry.

⒉Development of industry

Culture and tourism are important applications of digital tourism economy. The implementation of digital strategy of cultural industry is also an important deployment of the Fifth Plenary Session of the 19th CPC Central Committee. From the logic of industrial growth, since the outbreak of New Canopy Pneumonia, digital / digital intelligence has become the driving force for the development of the cultural and tourism industries. According to the data of the National Bureau of Statistics, in 2021, the operating income of 16 sectors with obvious characteristics of digital culture and tourism industry will reach 3,962.3 billion yuan, an increase of 18.9% over the previous year; The two-year average growth rate was 20.5 percent, 11.6 percentage points higher than the average for cultural enterprises. Accounting for 33.3 percent of the operating income of cultural enterprises.

⒊Type of industrial development

Culture is the precipitation of time and space, tourism is the transfer of space and time.The development and application of VR / AR, NFT, AI, cloud, PUGC game platform, and human-computer interaction devices have provided material support for the progressive technological breakthrough and business model innovation of "digital cultural tourism." The ultimate "Metacosmos" connects the physical world and the digital world, reshapes the human economic system, reconstructs the human way of life, and opens up a new format for the development of cultural tourism:
Smart Tourism Products and Services:It includes highly intelligent tourism products and services characterized by smart hotels, smart rooms, unmanned shops in scenic areas, unmanned sales vehicles and other features, as well as intelligent service characterized by self-check-in at contactless hotels and scanning QR code in scenic spots.

Online Blog:With the help of Internet, AR, VR, AI technology, museums, art galleries, etc., to achieve cultural relics, works of art information scanning, processing, processing. Tourists and viewers watch cultural relics and works of art online with the aid of devices, and improve the viewing experience of tourists through independent tour, zoom, rotation, 360-degree full scene experience.

Immersive scene:Using digital technology, VR, AR, AI and so on, theater, performance hall, theater to create immersive scene, such as immersive exhibition, immersive playground, R / VR theme park, holographic theme restaurant.

Intelligent Manufacturing of Tourism Equipment:Integrating and applying new technologies such as AI, AR, VR to produce smart skis, smart helmets, smart clothing and other travel smart equipment and supplies. Such as immersive roller coaster, driverless tour car, AI sightseeing car and other attractions and sightseeing car intelligent manufacturing. In addition, the integration of things, the Internet, artificial intelligence, big data, cloud computing, cruise yacht, RV, cable car and other tourism equipment manufacturing enterprises intelligent upgrade, The production process, sales process, after-sales process, such as the whole process of digital tourism.

Tourism Data Operation:Innovative and optimized data elements will further promote the supply-side reform of the tourism industry. In the process of the development of digital tourism, The development data of online core digital assets and related products and services of destination and tourism enterprises formed by big data and Internet technologies will shift to asset value. Data trading and data asset securitization will form new business forms and develop new economic models.

Ⅱ Characteristics and development logic of industry

⒈Industry characteristics

Compared with the traditional economy such as agriculture and industry, the digital tourism economy has its distinct new characteristics. As a result, compared with traditional cultural tourism, digital tourism has undergone significant changes in product mode, business mode, management mode, thinking mode and so on. Digital tourism has the characteristics of unlimited resources, unlimited time and space, data-driven, multi-identity and so on. It brings a vast prospect for the development of tourism industry.


From the spatial gathering form,The traditional cultural tourism resources are unique and monopolistic, which continuously promote the development of spatial agglomeration, which will lead to excessive accumulation of resources in the space and cause overcrowding of tourists in scenic spots and tourist destinations. Therefore, the cultural tourism industry planning, marketing and operation of the various aspects of the industrial ecology extended to multidimensional space and time. Breaking the imprisonment of space, thinking about the development of cultural tourism industry from a new dimension, which is the underlying logic of digital tourism and new profit growth space.

From a marketing perspective,Once the new dimension of time and space is established, the user does not need to reach the actual destination, only through the mobile terminal, In fragmented time, you can experience digital cultural tourism products and services, mobilize and stimulate user interest, and then flow to cultural tourism destinations or consumption of digital tourism products or services, providing an immersive experience that touches the emotions of users.

From a planning and operational perspective,A new museum built by the fusion of time and space, using digital technology to digitize many precious cultural relics, There is no longer any need for physical exhibition. Customers roaming in the museum can enjoy the real scene of cultural relics through virtual reality at any time, breaking the limit of time and space. Visitors can travel through the past and imagine the future, obtain unprecedented experience and establish a new view of space and time.

⒉Development logic

Starting from strengthening the basic system of cultural tourism industry,We will promote the digitization of public culture and expand investment space. Construction of digital tourism infrastructure system with digital transformation, intelligent upgrading, integration of innovation and other services. Such as information infrastructure - culture and tourism big data center, integration infrastructure - digital museum, innovation infrastructure - intelligent cultural and creative industrial park. Optimize the supply structure of tourism industry, improve the quality of supply. We will foster a number of leading digital tourism enterprises and develop digital tourism and cultural tourism intelligent industrial parks. We will build a number of regional cultural industrial belts, develop world-class scenic spots and resort areas with rich cultural heritage, and create a batch of national tourism and leisure cities and blocks with distinctive cultural features.

Focus on telling the Chinese story well,Externally, we should promote international communication through innovation, strengthen international cultural exchanges and multi-level dialogue among civilizations, encourage and support digital tourism enterprises to "go global" and promote international advanced digital tourism companies to "bring in." Internally, seize the "yuan universe" tuyere concept, depth excavation of the essence of traditional culture, vigorously develop the country tide, cartoon as the representative of the cultural and creative industries. Promote consumption upgrading and stimulate new consumption potential.

Comprehensively promote digital tourism consumption,Seize the opportunity to expand holiday consumption, vigorously develop red tourism, rural tourism. We will use digital technology to transform and upgrade food, housing, transportation, travel, shopping and entertainment, develop new modes and formats of digital tourism consumption, improve the quality of consumer services, and promote the integrated development of online and offline consumption.

Innovation in tourism management model,The use of digital tourism technology, improve tourism management system, enhance the ability of comprehensive management systems engineering. Such as scenic digital security system, scenic intelligent management platform.

Play the value and role of data,Under the premise of ensuring data security and protecting personal information, the transaction of cultural relics digital assets, cultural creation digital assets and cultural tourism data assets and other core element assets will be promoted in an orderly manner. Promote cultural tourism digital assets and data assets.

Enhance industrial efficiency,Before we do industry is to land, finance, culture and other resources, but the use of resources is not high efficiency. With digital technology, it can shift from efficient allocation to deep mining, and through continuous optimization, significantly improve the effective conversion rate of resources.

⒊Suggestions on the Development of Digital Tourism Industry

① At the industry level

During the prevention and control of the epidemic, the achievements of the digital development of culture and tourism were concentrated and recognized by the public. Digital tourism has the characteristics of low cost, large flow, easy iteration and strong realization. Digital tourism can transform traffic to higher consumption, and establish a higher level of dynamic balance between investment and consumption. Industrial development should achieve:

Digital technology deeply embedded in the tourism industry,Must be combined with the local characteristics of cultural tourism resources, the formation of scale, form complementary, form potential energy, to have the main products, the main project. New technologies and means should complement rather than replace them. We should integrate tradition with modernity and improve social and economic benefits.

Actively develop digital literature and art,We should actively promote the fashion of traditional art, in line with the aesthetic way of the times, tell Chinese stories in the world language, and show traditional culture in a lively and three-dimensional manner; Promote the image of stage art, make full use of image thinking and digital technology, to achieve the "virtual and real" Chinese flavor, Chinese style; Promote efficient communication under the thinking of "Internet +," and let the audience feel the charm of art without leaving home.

The core of digital tourism is to promote integration,Including the integration of technology and industry, integration of resources, cultural tourism integration. The integration of culture and tourism needs the support of science and technology, and the development of intelligent tourism is also inseparable from scientific and technological support. It is the need of industry, society and development to promote the integration of culture and tourism development. Science and technology + tourism, not a simple superposition, mechanical listing, to follow the law of development, to test the actual effect of industry, society, time. Enterprises need to constantly learn and innovate to enhance competitiveness. At the same time, seize the policy opportunity to promote the development of digital tourism industry, through improving online training capacity, upgrading the function of online platform and strengthening digital tourism marketing and other means, to comply with the new trend of the cultural tourism industry development.

② Government level

The CPC Central Committee has proposed a new development pattern with the domestic cycle as the main body and the international and domestic double cycles mutually reinforcing. Relevant leaders should grasp the general trend of the times, make scientific decisions, transform from traditional cultural tourism to digital cultural tourism, firmly grasp the connotation of "double cycle," and open up a new development pattern of digital tourism.

Using digital thinking,Through the flow of data elements, government construction should realize from "digital cultural tourism" to "digital governance." We will promote the formation of a governance system in which government and enterprises participate, share information, and interact with each other in an efficient manner, speed up the overall allocation of social resources, stimulate innovation, and enhance digital governance capabilities. We will support the development of digital infrastructure such as data centers and cloud platforms, encourage enterprises to participate in the opening and cooperation of digital infrastructures, strengthen the construction of mobile Internet infrastructure, such as apps and mini programs, and accumulate data assets. Excavate and cultivate original tourism IP with distinct Chinese cultural characteristics, and create a widely influential digital tourism brand.

Scientific evaluation, careful investment,According to local characteristics and practical application, local conditions should be selected. Avoid investing heavily in some tall, flashy hardware infrastructure, with an APP, make a product, built a platform, can not once and for all. The lack of refined operation will lead to a huge investment of funds, but not to meet the needs of the public experience, nor bring economic results.

The introduction of "sophisticated" talent,Especially with interdisciplinary, interdisciplinary talents; To establish the "production + learning" personnel training mode, based on the current demand of market economy, pay attention to industrial practice, training "practical talents"; Improve the talent evaluation standards, formulate the identification method of digital compound talent, formulate talent support policy. From the introduction of talent, training, evaluation, to play a role in the industry, all-round control tracking.

Study and formulate supporting policies,Based on the in-depth investigation of cultural tourism enterprises, digital tourism towns and tourism platforms, the relevant supporting policies on system design, planning guidance, organizational guarantee, tax incentives, talent support, intellectual property protection and other aspects are formulated. Speed up the establishment of laws and regulations, management norms, administrative regulations, assessment system and industry statistics system to adapt to the development of digital tourism industry to provide a good environment for the digital tourism development.

③ Enterprise level

Open up the data chain,Take scenic spots as an example, it is difficult to get through and share data between scenic spots and related enterprises. Build a smart tourism ecosystem, including senseless ticketing, automatic guidance, intelligent monitoring, security, smart restaurants, cultural relics protection, scenic spot operation and so on.

Strengthen the processing of big consumption data,Collection, storage, processing, analysis and use of cultural tourism data, to build cultural tourism product and service system, to promote enterprise supply and demand allocation and accurate docking.

Building a data aggregation platform,Support upstream and downstream enterprises to open data, promote the whole process of data collection, improve the level of data circulation and commercial sharing.

Build a data security responsibility system,Enhance data security services, improve the standardization and security of network data use in cultural and tourism enterprises.

In short, scientific and technological innovation, model innovation and application innovation are the only way to the integration of digital technology and tourism industry. There is no shortcut or curve to overtake. Digital technology and cultural tourism industry mutual enablement, become a strong support for the transformation of cultural tourism. The intelligence and intelligence index of cultural and tourism industry directly reflect the happiness index of people's better life.

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Industrial Estate Insights Justin D. Lee Industrial Estate Insights Justin D. Lee

2021 Nanjing Industrial Park Market Survey Report (Internal Reference)

Industrial Real Estate Research

1. background

In 2021, the total GDP of Nanjing is 1635.532 billion yuan, ranking pthe tenth in the country, the second in the province. The industrial pulling effect is obvious.In terms of plate, Jiangning District and Jiangbei New Area continue to lead the way, both standing at 200 billion level.

The added value of the city's industries above designated size reached 354.396 billion yuan, an increase of 10% year on year. The development of advanced manufacturing industry was particularly rapid. The added value of high-tech manufacturing increased by 15.5% year on year, and the proportion of added value in the secondary industry in GDP also increased from 35.2% to 36.1%, which is the key driving force for the economic growth of Nanjing in 2021.

The GDP of Jiangning District in 2021 is 281.047 billion yuan, and that of the Jiangbei New District is 256.17 billion yuan. They are the only two strong economic districts in Nanjing with a total GDP exceeding 200 billion yuan. The economic strength is far ahead of other districts. The GDP of Lishui District in 2021 will be 100.095 billion yuan, breaking the 100 billion yuan mark and realizing a relatively large leap forward.

2. Land market

Total number of land (scientific research land) transactions in 2021 is 28; Total area of land traded:About 598,000 m2.according to Land bidding and auction transactions, the area of scientific research land in 2021 compared to 2020, decreased by about 76%.The three regions with the largest turnover were Yuhuatai District, Jiangbei District and Pukou District.

3. Research selection

It lasted for three months, the three departments cooperated to investigate 36 projects, covering 8 administrative districts in Nanjing. The sampling standards were public sales or leasing of scientific research offices and commercial projects that formed a competitive relationship.

4. Internal parameter conclusion

4.1 Price:

[Sales level] In the research samples of all districts in the city, the sales price of scientific research and office products in Jianye District is the highest, Jiangbei New District and the main city of Xuanwu and Qixia are in the second echelon, and Yuhuatai and Jiangning are the last. The average price of single-family products in each district is 3000-6000 yuan / m2 higher than that of flat products.

[Lease level] In the research samples of all districts in the city, the rental prices of scientific research offices in the main urban areas of Qinhuai and Gulou are leading, and the average rental price of Jianye and Basaltic plates is 2-3 yuan / m2 / day, and Jiangning District is the last.

4.2 Deactivation:

[Sales level] In the research samples of all districts in the city, Yuhuatai District ranked first in terms of sales volume of scientific research carrier and average sales of single project in 21 years due to the influence of multiple favorable factors such as clear industrial positioning, strong software industry foundation and strong policy support. Jiangning and Jiangbei New Area follow in terms of sales volume by virtue of their respective industrial advantages and cost-effective scientific research products. Basaltic, Jianye and other regions subject to pre-sale carrier is limited, ranked by.

[Lease level] Among the survey samples of various districts in the city, Yuhuatai District and Xuanwu District have sufficient carrier supply, relatively convenient location and moderate rental price. The total amount of scientific research carrier rental in 21 years and the average rental volume of single project are in the forefront. The Qinhuai District and Gulou District of the main city plate rely on the conditions of the old project, the construction of silicon alley and other conditions, the core location conditions of main city, and also maintain a high rental level.

4.3 Supply:

[Future supply] Based on a comprehensive analysis of the stock situation of the research project samples and the volume of the new scientific research land in 21 years, the supply level of scientific research office carrier (including sales and leasing) in Nanjing will be saturated in the future.Jiangbei New Area (including Pukou District) is affected by the new area policy support, the largest supply;Yuhuatai District relies on the large stock of software valley and the impact of new lots of research land, the late supply is sufficient.Qixia and Jiangning District existing projects still have a large number of inventory.In addition to the impact of regional commercial projects, it is expected that the future of Nanjing scientific research office market competition will be more intense.

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Strategy Insights Justin D. Lee Strategy Insights Justin D. Lee

An Overview of Rural Entrepreneurship and Future Directions

Dennis Barber

Abstract

Prior research shows that rural entrepreneurship has its own distinct elements and deserves additional attention within the research community. The frameworks and methodologies from studies focused on high-growth and technology-based entrepreneurship are often used to explore rural entrepreneurial activities. This incongruence limits our understanding of the true impact entrepreneurship can have on rural communities. The articles in this special issue help advance our knowledge of rural entrepreneurship as a distinct field of study, and add to our understanding of its impact in the rural context. Additional research avenues are suggested.

An Overview of Rural Entrepreneurship and Future Directions(EN)

An Overview of Rural Entrepreneurship and Future Directions(CN)

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Marketing Insights Justin D. Lee Marketing Insights Justin D. Lee

5 Steps To Successful Brand Innovation

Equibrand

Walt Disney once said, “I only hope that we don’t lose sight of one thing – that it was all started by a mouse.”  

With what began as a sketch of a mouse, The Walt Disney Company utilized product and process innovation to become an international media powerhouse encompassing a broad range of businesses.

Innovation is vital to an organization’s long term success. But how does your organization manage the innovation process? Rather than rely on intuition, luck or an occasional brainstorming meeting, innovation requires a systematic approach.

Here are some specific actions you can take to insure your innovation process is successfull:

Focus innovation on strategic opportunity areas (SOAs). Innovation is more than, “I have an idea”. Innovation needs to be focused. First, strategically identify market-based opportunities (innovation buckets).  Second, focus resources on addressing a particular problem until it is solved.  

Use ideation and creative brainstorming to generate solutions. Drawing on deep customer insights, use creative problem solving techniques to come up with viable solutions.

Develop and optimize concepts using an iterative process. This involves using prototypes, storyboards, models and other concepts to demonstrate the idea and seek input. Iteration is key. As you learn more, you get closer to the right solution.

Use a portfolio and pipeline perspective to plan innovation. This ensures a strategic portfolio approach consisting of incremental vs. transformational ideas.  It also ensures a constant stream of innovation. 

Screen concepts and implement. Screening and implementation occurs at various stages of innovation. The death knell to innovation is the direction, “Prove it”, so you need to be careful when and how you screen ideas. Measures are looser initially, becoming more objective and quantifiable closer to launch.

The strongest brands and businesses are built upstream through the combined principles of insight, identity, and innovation. 

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Management Insights Justin D. Lee Management Insights Justin D. Lee

Some Aspects of Corporate Social Responsibility and Company Reputation

Evidence from Serbian Business Environment

Biljana Chroneos KrasavacUniversity of Belgrade, Faculty of Economics, Serbia http://orcid.org/0000-0002-1486-4825

  • Ema KaramataUniversity of Belgrade, Faculty of Economics, Serbia http://orcid.org/0000-0002-3301-1094

  • Jasna Soldić-AleksićUniversity of Belgrade, Faculty of Economics, Serbia

  • Katica RadosavljevićUniversity of Belgrade, Faculty of Economics, Serbia

Abstract

Research question: This paper examines some aspects of corporate social responsibility (CSR) and company reputation (CR) in the Serbian business environment during the COVID-19 pandemic. Motivation: The survival, growth and development of companies in the current business environment are conditioned by their capability to reach socially responsible decisions and carry out activities that meet the expectations of different stakeholders. The main motive for this research has stemmed from the current global corona virus pandemic and the way this state of affairs has affected socially responsible behaviour of companies. The research of activities Serbian companies carried out in the time of crisis prompted us to explore the possible relationship between corporate social responsibility and its effects on corporate reputation, and consequently business results. Research idea:An empirical research has been conducted with the view to investigate the position of the public on the importance and impact of CSR on corporate reputation, and also to determine the key factors that guide the decisions of people living in the Republic of Serbia to shop, bearing in mind the socially responsible behaviour of companies. Data: The sample included 173 respondents, the number that allowed valid conclusions. The questionnaire was anonymous; all the respondents were residents of Serbia with access to the internet and willing to fill in the questionnaire, either by following the link advertised on social media or replying to the e-mail. Tools: The gathered data were processed and analysed using descriptive and explorative statistics. Research hypotheses were tested by: Frequency tables, Crosstable procedures, Paired Samples t-test, Spearman`s coefficient of correlation, Chi-square test, and Phi coefficient of correlation, resulting in conclusions and corresponding suggestions. Findings: Respondents perceive companies as social actors driven not only by profit, but by the interest of the community and their business environment. They believe companies can assume their responsibilities through different aspects of doing business, especially by contributing to the improvement of their consumer’s lifestyle. The majority of respondents tend to buy from companies they perceive as socially responsible from the point of view of further development of the society and their ethical behaviour towards the community.  Contribution:The findings can encourage the company’s management to direct their financial and organizational resources into the better management of the CSR, especially during the crisis, because solidarity and care for the most vulnerable part of the population lead to an improvement in the reputation and business results of a company.

More Reading

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Life Science Insights Justin D. Lee Life Science Insights Justin D. Lee

5 Steps to Lose Weight and Keep It Off

https://www.heart.org

Learning to balance healthy eating and physical activity can help you lose weight more easily and keep it off.

Take it from people who have successfully maintained weight loss:

  • 98% have modified their eating habits.

  • 94% have increased their physical activity, especially walking.
    Source: National Weight Control Registry

  1. Set realistic goals.
    Know where you are today so you know how to get where you want to be. Learn your Body Mass Index (BMI). Set yourself up for success with short-term goals, like “I will make lifestyle changes which will help me lose (and keep off) 3-5% of my body weight.” Short-term goals can seem more achievable and keep you on track toward your long-term goals.

  2. Understand how much and why you eat.
    Use a food diary or tracking app to understand what, how much, and when you’re eating. Being mindful of your eating habits and aware of your roadblocks and excuses can help you get real about your goals.

  3. Manage portion sizes.
    It’s easy to overeat when you’re served too much food. Smaller portions can help prevent eating too much. Learn the difference between a portion and a serving and how to keep portions reasonable.

  4. Make smart choices.
    You don’t have to give up all your favorite foods. Learn to make smart food choices and simple substitutions instead. Discover healthy snacks and how fruits, vegetables, and whole grains help keep you fuller longer.

  5. Be physically active.
    Physical activity is anything that gets your heart rate up, like walking. Aim for at least 150 minutes of moderate activity a week. Move more, with more intensity, and sit less.

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