Finance, Internal Audit, Ethics & Compliance Auditing, Operations, Information Technology, Data Centers & Storage
A framework commonly used by companies to transfer employee and customer data from the EU to the U.S. is now illegal—and companies with European operations must find alternatives before the grace period ends in January. This creates significant problems for businesses investigating bribery and corruption, since even work emails are considered private in the EU.
Global Economy, Competitiveness, Operations, Manufacturing, Manufacturing Footprint, Reshoring/Nearshoring
A new study produced by MAPI and Deloitte draws on a survey of global manufacturers to offer insights into which new markets manufacturers plan to enter in the next five years. As might be expected, the United States and China should see the greatest number of investments in existing operations by 2020. Various countries in Asia and South America should see increases in new project investments.
Investment spending in manufacturing and in the rest of the economy has been lagging benchmark indicators such as output, GDP, and cash flows since the end of the dot-com bubble. Lagging investment is a puzzle economists are attempting to unravel; one explanation is the impact of increased uncert
Growth & Innovation, Strategic Planning, Strategy Development
At this still early stage, economic modeling and econometric evidence suggest that robots can have a positive and significant impact on productivity and growth. Concerns about labor market impacts should be centered on a skill bias, whereby robots negatively affect lower-skilled workers. Public investment in preparing the workforce for advancing automation will optimize domestic welfare and global competitiveness.