2023 August

The digital transformation of industries is underway, led by the proliferation of the Internet of Things (IoT). Organizations that strategically harness this evolving landscape can catapult themselves into a new echelon of innovation and efficiency. But to truly capitalize on this potential, senior leaders and board members must adopt a systems approach, focusing on the holistic understanding of the challenges and opportunities IoT presents.

The last two decades have witnessed the seismic shifts that digitalization brought to the corporate landscape. The Fortune 500 list of 2000 bears only a shadow of its former self, with half of its entities gone, and a speeding rate of attrition. The crucial question is: why?

In the volatile world of business today, the key to survival and prosperity is not just innovation but knowing where and how to channel that innovation. A Capabilities-Driven Strategy (CDS) offers companies a way to hone in on their strengths, leverage them for growth, and ensure resilience in the face of challenges. As the tides of the economy ebb and flow, it's the organizations armed with a strong understanding of their core capabilities that remain unyielding.

In the shimmering landscapes of the Caribbean, where the dynamic interplay between businesses, regulators, and communities shapes the future, Dawgen Global stands out as a beacon of transformative integration. As an integrated multidisciplinary professional service firm, Dawgen Global doesn’t just provide services – it catalyzes change, manages risks, and unlocks tremendous value for its clients.

The concept of the cost of capital is key information used to determine a project's hurdle rate. A company embarking on a major project must know how much money the project will have to generate in order to offset the cost of undertaking it and then continue to generate profits for the company. Cost of capital, from the perspective of an investor, is an assessment of the return that can be expected from the acquisition of stock shares or any other investment. This is an estimate and might include best- and worst-case scenarios. An investor might look at the volatility (beta) of a company's financial results to determine whether a stock's cost is justified by its potential return. Cost of capital represents the return a company needs to achieve in order to justify the cost of a capital project, such as purchasing new equipment or constructing a new building.

In today's rapidly evolving technological landscape, the idea of businesses adopting Artificial Intelligence (AI) has shifted from an optional novelty to a strategic imperative. However, recent research reveals a declining trend in senior leadership leaning towards AI execution, primarily due to the underestimated readiness needed for a full-scale AI deployment.