Corporate Affairs, Corporate Communications, Operations, Information Technology, IT Policies, Risk & Compliance, Corporate Security, Risk Management
Over the past few years, we have witnessed significant changes in the regulatory landscape for manufacturers doing business in Europe. One of the biggest changes concerns the implementation of the General Data Protection Regulation (GDPR), which will come into effect on May 25, 2018.
Growth & Innovation, Research & Development, Research, Innovation, Operations, Information Technology
Germany and the U.S. continue to drive innovation around the Industrial Internet. The two countries are economic powerhouses and they are keenly aware of the importance of internet connectivity for business applications. Yet their approaches to harnessing it differ, as I documented in a 2015 report. What’s changed since then?
Global Economy, Economic Environment, Regional Economic Integration, Money & Finance, Currency, Government Finance
The European Central Bank is making another attempt at stability through dramatic measures. Europe's falling prices, currency, punitive rates on bank profits, and convoluted politics all complicate the effects of policymaking. Recent data on industrial production and GDP have been promising, however.
Global Economy, Economic Environment, Recession, Money & Finance, GDP
Increasing business confidence, consumer windfalls from falling fuel prices and rising lending activity are supporting Europe's rebound, but long-term challenges persist, especially surrounding the region's feeble potential growth rate.
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.
Europe hits the news headlines with increasing frequency these days. In addition to the faltering economy, domestic politics supply ample doses of uncertainty, testy intra-EU relations, and mounting social tensions. For businesses exposed to the European political and economic cycles, five potential risks stand out for 2014: deflation, a gas war, a third recession, a breakdown in trade negotiations, and political gridlock.