FixNix Blog

Risk Technology Rankings 2014 - VOTE NOW

Oct 2, 2014 12:17:10 AM / by Shanmugavel Sankaran posted in fixnix, FixNix GRC, Governance, Risk Management, Risk.net, Risk Technology Rankings 2014, asset management, audit management, Blog, business, cloud GRC, compliance, risk

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Have your say in this year's Risk technology survey

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Banks ignoring business continuity management

Sep 6, 2014 1:10:28 AM / by Shanmugavel Sankaran posted in fixnix, Governance, grc, management, BCM, Blog, business, compliance, continuity, risk

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Financial institutions fail to recognise the importance of business continuity because is it based on events that are unlikely to happen,

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Turn to Tesla's Example in Steering a Startup to Success

Aug 27, 2014 11:56:32 PM / by Shanmugavel Sankaran posted in innovation, small business, smb, startup, tesla, Blog, business, entrepreneur

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Turn to Tesla's Example in Steering a Startup to Success

Earlier this year Tesla CEO Elon Musk made a visionary move. In June, Musk announced that his electric-car company will no longer enforce any of its patents, effectively making the company's patents open sourced.

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An American Entrepreneur in Kuwait on a Mission

Aug 27, 2014 11:54:07 PM / by Shanmugavel Sankaran posted in startup, startups, united states, Blog, business, customers, entrepreneur

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An American Entrepreneur in Kuwait on a Mission

 

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Digitise business today or prepare to become obsolete

Aug 26, 2014 7:03:38 AM / by Shanmugavel Sankaran posted in forrester, Blog, business, digital, digital business, digitise, business analyst, organisation

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By Clement Teo

Transforming into a digital businesses, especially if you're a traditional enterprise, is hard work. However, we believe that Asia Pacific is already primed for digital disruption.

While the highest-profile digital business pioneers are headquartered in North America, market demand in Asia Pacific is more conducive to long-term digital disruption. Asia Pacific has five times as many Internet users and smartphone subscribers as the US and almost as much online retail spending as the US and Europe combined. You just need to look at regional powerhouses like Alibaba.com and Commonwealth Bank of Australia and their multibillion-dollar businesses to grasp the rewards of digital business success in Asia Pacific.

However, knowing what these firms have accomplished is insufficient; knowing how to get there is more critical. You should:

-Assess your firm's state of digital readiness to drive organizational value. A true digital business needs to integrate both sides of a digital strategy: digital customer experience and digital operational excellence. Is your firm already overhauling outmoded organizational structures, technology, measurement frameworks, and operating models?

-Demonstrate your customer obsession to secure support from line-of-business leaders. Most digital business efforts in Asia Pacific are held back by organizational challenges starting at the highest levels. Successful CIOs focus on securing support from senior business leaders so that roles are clear from the beginning. You can help your company establish new competitive advantage by crafting and accelerating a distinct business technology agenda. An important first step in crafting that agenda is to understand which of today's technologies best support customer-obsessed competitive advantage and communicate that using the customer life cycle.

-Recruit relevant digital skills. Technical talent is scarce in Asia; digital expertise even more so. You must assess your team's digital skills and recruit people with the skills you lack start by looking for them at local institutions of higher learning. This will make you a valued partner to your CMO and CEO when they are ready to transform the organization into a digital business.

-Clement Teo is senior analyst serving marketing leadership professionals at Forrester. This article was first published on Forrester.

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Billion-dollar valuations bring Rs 1 crore salaries to tech startups

Aug 25, 2014 2:10:41 AM / by Shanmugavel Sankaran posted in funding, India, Indian IT services, investors, IT startup, startup, angels, Blog, business, entrepreneur

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MUMBAI/BANGALORE: Flush with investor money and valuations topping a billion dollars, a small but fast-growing group of Indian startup superstars is fuelling a new wave of wage inflation in the Indian technology sector.

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Want to Get a VC's Attention? Make Sure You Do These 6 Things.

Aug 22, 2014 3:06:04 PM / by Shanmugavel Sankaran posted in funding, global market, startups, team, VC's, Blog, business, Capital, customers, entrepreneur

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Raising capital is perhaps the most difficult challenge any entrepreneur faces in starting a business. And for many, it’s unavoidable. Some resort to family and friends for quick cash. Others get it through loans, leases and investors.

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10 Life Lessons People Learn Too Late

Aug 22, 2014 3:02:21 PM / by Shanmugavel Sankaran posted in insult, lessons for life, life, love, sacrifice, this moment, time, truth, Blog, business, entrepreneur, experiences, failures, pain, relationship

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Before you know it you’ll be asking, “How did it get so late so soon?”  So take time to figure yourself out.  Take time to realize what you want and need.  Take time to take risks.  Take time to love, laugh, cry, learn, and forgive.  Life is shorter than it often seems.

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Letter to a Young Entrepreneur: 3 Things to Remember

Aug 21, 2014 11:59:17 PM / by Shanmugavel Sankaran posted in fear, gratitude, inspiration, startups, attitude, Blog, business, entrepreneur, patience

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Sometimes, inspiration comes from unlikely places.

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10 Up and Coming Leaders to Watch

Aug 21, 2014 12:48:44 AM / by Shanmugavel Sankaran posted in Fromm Family Foods, Halfaker and Associates, Hearsay Social, Jeff Lawson, LaSalle Network, Likeable Media, littleBits, Menlo Innovations, Sallie Krawcheck, startup, Tom Gimbel, Tom Nieman, Twilio, 85 Broads, Ayah Bdeir, Blog, business, Charlie Kim, Clara Shih, Dave Kerpen, Dawn Halfaker, entrepreneur, Next Jump, Richard Sheridan

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From the March 2014 issue of Entrepreneur
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