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Many legal professionals are realizing that their firms must transform in order to succeed. As the demand for digital services has grown, law firms have had to adapt and change their practices to ensure they're prepared for any next−gen requests. This means it can be difficult to determine which people you need to focus on hiring or recruiting so you're properly staffed. Legal departments are facing a digital transformation, or at least they should be. But while a lot of information out there seems to suggest that this campaign will be ineffective in making its desired effect, it is ... Read More
There is no such thing as an accidentally discovered product. With the rate of technological change rapidly increasing, companies can't leave their research and development up to chance. This article explains how artificial intelligence and simplicity is playing a role in product development. Role of AI Automation in Product Development Focus To reduce the time, it takes to create a product or service, AI has become more widely used by different companies. AI automation speeds up research processes by synthesizing all available information, thereby speeding up the design process. As an example, Titan Company, part of Tata Group based in ... Read More
As business owners, it's important for us to understand that not everything changes at once. The process of transforming your organization into a successful digital enterprise is complex, and you don't want to rush into things and potentially incur unnecessary costs. With the Executive Program in Digital Transformation, you'll get the absolute knowledge necessary for making sure your transition goes smoothly. What Does PGP in Digital Transformation Comprise? The first part of the course is about the need for digital transformation. It's a guide to understanding what digital business models are, and why you need to innovate to compete as ... Read More
While marketing a product or service can seem difficult, it is actually quite simple. Identifying demand, determining its price and selecting a distribution channel are the most important parts of the process. The final piece of the puzzle is developing an effective promotion strategy. Marketing includes all of the different parts and phases in order to create, communicate, and deliver to customer needs. The process continues even after that. The first step to earning more profit from your marketing is finding a way to generate revenue. This typically comes from developing strong branding, creating customer loyalty and protecting against competition, ... Read More
Business moves on, with change being the constant. Companies that have outperformed their competitors have kept pace throughout various changes in the economy and technological innovation. Now, as the world enters a digital era, businesses can realize tremendous new benefits-thanks to their adoption of digital transformation. Digital transformation isn't just one−off efficiencies. It's impacting entire business operations that span across back−office, front−office, and customer−facing processes. 87% of companies believe it's a competitive opportunity. Benefits of Digital Transformation Companies that embrace digital transformation have the potential to be more competitive. Here are four tenets that make it such a disruptive force− ... Read More
Prototyping provides designers with a chance to improve their skills, share different perspectives and ideas with the team, and save time. It's very important to blow up your ideas and make them a reality before moving forward with development. Without prototyping, it's unlikely that you'll even think your idea is viable. This is why it's essential to incorporate prototyping into any process of product creation. When launching a new product to market, it's important to make sure that it functions as intended and does what the targeted users want. To do this, you'll want to test your functionality before launching ... Read More
Design thinking is the process of defining problems, identifying new opportunities, and solving them creatively through research and experimentation. This year, we've rounded up the best design thinking books for you to read. Whether you're getting started or building a training program or leading a culture of innovation – these books will serve as great learning materials. Top Design Thinking Books Design thinking is a way to deconstruct a problem in order to build something that better solves it. Let us look into some of the best books on it. Creative Confidence This guide is from someone who's been ... Read More
Design thinking principles, such as exponential insight, play a growing role in career development opportunities for those looking to maximize their skill set. There is a disruptive movement in the design and development industries that is called "design thinking." Design thinking relies on the observation of user behavior, employs an iterative approach, and puts customer needs above all else. As skills in this area are in high demand, learn how to leverage these powerful concepts to develop cross−functional skill sets. Design Thinking Principles for Career Development With design, principles comes a totally different way of thinking. By always listening intently ... Read More
In agile software development, the product owner plays a key role in project management. However, to be effective with an agile approach, it's important that they know a lot about business analysis techniques. This is where Agile Business Analysts play a critical part by contributing significantly to the project. What do you understand by Agile Business Analyst? As a business analyst, there's a lot that goes on. You're not only focused on the Agile team overall, but also on the specific project goal each sprint belongs to. Due to this, you focus more on business analysis and less time for ... Read More
A recent survey of data professionals found that even in 2022, companies were still struggling withhow to make use of the mountains of data they collect. This data is critical for any decision−making process. With this in mind, it's essential to have accurate information at the beginning−and throughout the entire measurement system analysis process−so that employees can become more productive. Remember that building a strong foundation starts with good planning and execution. What do you understand by Measurement System Analysis? Measuring process variability can be difficult to determine. One way to evaluate it is with Measurement System Analysis (MSA), which ... Read More