Tag Archives: ethics

AI and corporate ethics

Interesting article on the LBS website by Ioannou and Baker (2019) on the impact that artificial intelligence (AI) could have on the ethical behaviour of large corporations.  In brief, they argue that AI should improve decision-making, both in terms of … Continue reading

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Three quarters of 200 richest economic entities are corporations not countries

Globaljustice.org.uk has compiled data on the revenues of corporations and countries.  In 2017, 69 of the top 100  are corporations rather than governments. With regards the top 200 entities, 157 are corporations. The top 10 corporations, including Walmart, Shell and Toyota, … Continue reading

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Using AI to detect crime – risks as well as benefits

Companies are using AI and machine learning to detect and prevent many different illicit activities: routine employee theft insider trading fraud money laundering child pornography terrorism. But there are issues associated with this, as this Oliver Wyman article explains.  Namely: … Continue reading

Posted in Chap 10 Processes and technology, Sector: Financial Services, Sector: I.T. & ecommerce, Sector: Manufacturing, Sector: Transportation | Tagged , , | Leave a comment

Imagine – bikes as part of the circular economy

I recently blogged about fast fashion and the circular economy.  Well this concept is surfacing in all kinds of industry sectors. Islabikes is a Ludlow-based manufacturer of children’s bicycles.  It has initiated what it calls its Imagine Project, as explained … Continue reading

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Can “fast fashion” be part of the circular economy?

This piece from edie.net is interesting for two reasons.  First, it demonstrates how public policy may influence operations.  Second, it highlights how business models may have to change if they are to be part of the circular economy (blogged about … Continue reading

Posted in Chap 05 Supply chain, Chap 17 Internationalisation and CSR, Sector: Manufacturing, Sector: Retail | Tagged , , , | Leave a comment

The future of transportation is SAE 4 & 5, Maglev and Hyperloops

Interesting piece by the Economist Intelligence Unit on the future of transportation in 5, 10 and 25 years from now. Five years from now the EIU argues that driverless cars will be more numerous more quickly than was predicted – … Continue reading

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Ethical supply chain practices

Apple has been recognised for its efforts to stop labour malpractices, including slavery, along its supply chain, as explained here.  It has adopted a number of initiatives: initiated robust audit procedures of suppliers placed bans on contractors who force employees … Continue reading

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What does an ethical company look like?

The Ethisphere Institute (here) makes the ‘World’s Most Ethical Companies Award’ every year.  To gain some insight into ethics, these are the weighted criteria they use for making this award: Leadership and reputation (10%) – legal compliance & ethical track … Continue reading

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Biometrics and you

Mitrefinch have written a piece on the Manufacturers’ Monthly website promoting the use of biometrics for “time and attendance” management.  This means that employees “clock in”  and “clock out” for work, not using a punch card or swipe card, but … Continue reading

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The world of work in 2030

Scenario planning originated in Shell as a result of the 1973 energy crisis.  Scenarios are developed by taking one or two major trends and extrapolating them into the future.  The idea is to devise a number of alternative scenarios, each … Continue reading

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