Rajashree Rao

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So far Rajashree Rao has created 168 blog entries.

Why do organizations need a Centre of Excellence (CoE)?

Centre of Excellence - A struggle for Excellence in an ever-changing and dynamic world. Organizations strive to 'excel' at the ordinary standards strengthened by the clarity of corporate vision.  Access to expertise is more critical than ever in any organization. "Rising Inflation, Hybrid work model, supply-chain disruptions, labour shortages, and dynamic consumer behaviours are the high-impact events which are on top of mind for every C-level and the CEO. According to market research, "The CEO's top priorities to achieve by 2025 are growth (overall scaling and expansion), workforce (expert hiring, talent retention, and diversity, equity & inclusion ), technology (digitization, e-commerce and cybersecurity), and corporate (redefining strategy, restructuring, and M&A). Most notably, the 'workforce' has become the top priority [...]

By |2023-10-17T17:00:08+05:30March 30, 2023|Blogs, CoE, Industry Thought Leadership, Technology|Comments Off on Why do organizations need a Centre of Excellence (CoE)?
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What is India’s ONDC (Open Network for Digital Commerce)?

India's ONDC is established to democratize and create a level-playing field for e-commerce superpowers. ONDC was incorporated by the Department for Promotion of Industry and Internal Trade (DPIIT) as a private non-profit (Section-8) company to establish the public digital infrastructure to expand access to India's e-commerce ecosystem and offer alternatives to proprietary e-commerce sites. Since ONDC will not follow a platform-centric model, the Indian government hopes it will democratize the country's online market for all buyers and sellers, irrespective of their size, so that millions of small retailers and mom-and-pop (Kirana) stores get an equal opportunity. ONDC is the answer to end the abuse of the aggregators' superpower - a prospective alternative to dominant global giants Amazon.com and Walmart's Flipkart [...]

By |2023-10-17T17:04:16+05:30March 30, 2023|Blogs, Technology|Comments Off on What is India’s ONDC (Open Network for Digital Commerce)?
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Pandemic Prognosis

The ''Pandemic Brain,'' people who haven't had Covid-19 also suffer increased tiredness, impaired decision-making and a lack of focus due to the pandemic. The year 2020 marked the beginning of the end. The pandemic not only affected our health and claimed millions of lives. It also caused significant disruptions globally. Whether we will see global economic collapse, ecological devastation, nuclear armageddon, total corporate takeover, or the coming obsoletion of the human race in the next decade was not predicted by the supercomputers.  To summarise the article below, depression is a mental, emotional, and physical wreck that occurs after a heightened state of anxiety, which is disabling on its own. The physical and mental toll of being unable to control our [...]

By |2023-10-17T17:05:38+05:30March 30, 2023|Blogs|Comments Off on Pandemic Prognosis
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Digital Banks – Reimagining Trust

Digital Banking, or Neo Banks, disrupts the age-old traditional banking system that ever existed. Neobanks, sometimes called "digital banks," are fintech firms that offer apps, software and other technologies to streamline online and mobile banking. These fintechs specialize in particular financial products, like checking and savings accounts. As a result, they are more agile and transparent than their megabanks counterparts, even though many of them partner with such institutions to insure their financial products. Neobanks has made a splash in the fintech industry. New players have entered the market in large numbers. Their uniqueness is that they simplify financial services to the point where they meet the expectations of today's digital generation. Today, these fintechs are transforming the banking sector in [...]

By |2023-10-17T17:06:45+05:30March 30, 2023|Blogs, Technology|Comments Off on Digital Banks – Reimagining Trust
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The World is in a Self-Destructive Mode

According to the United Nations' (UNs') flagship Global Assessment Report, the world could undo social and economic advances and face 1.5 disasters a day by 2030. Humanity's broken risk perception reverses global progress in a 'spiral of self-destruction, finds new UN report. Human activity and behaviour contribute to an ever-growing number of disasters worldwide, putting millions of lives and every social and economic gain in danger, warns the UN. The GAR2022 blames these disasters on a broken perception of risk based on "optimism, underestimation and invincibility," which leads to policy, finance and development decisions that exacerbate existing vulnerabilities and put people in danger. "The world needs to do more to incorporate disaster risk in how we live, build and invest, which [...]

By |2023-10-17T17:11:17+05:30March 30, 2023|Blogs, Mythistical Foundation|Comments Off on The World is in a Self-Destructive Mode
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Why are People not returning to work?

The 'Great Resignation' is it a Misnomer!?! Can we call it 'Voluntary Quitting' or 'Great Rethinking?' Pandemic spurred on the 'Great Resignation' of 2021, during which a massive number of employees voluntarily quit their jobs. However, what we are living through is not short-term turbulence induced by the Covid-19. Instead, it is the continuation of a trend of rising quit rates which began more than a decade ago, according to a study by Harvard Business Review (HBR). The major five factors exacerbated by the Pandemic have been the cause of this trend and the changes that we live through in today's labour market: the Five Rs: Reluctance, Reshuffling, Reconsideration, Relocation, and Retirement. Unfortunately, all of these factors are here to stay. Workers [...]

By |2023-10-17T17:12:07+05:30March 30, 2023|Blogs, Empower|Comments Off on Why are People not returning to work?
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How do businesses build Strategic Resilience?

How does an organization plan to address the ever-changing and growing Business to Consumer (B2C) demands? Throughout the Pandemic, the businesses consulted to stabilize, mobilize, and return to work. However, during the post-recovery, the organizations are working to find newer market opportunities and become stronger by building resilience to navigate future shocks. To address the challenges posed by the Pandemic, organizations of all sizes and scales globally had to respond in agile and decisive ways. As we enter the post-pandemic era where the world has been completely disrupted, it is time for businesses to pursue, and seize the market opportunities emerging in the recovery. Organizations that take steps now to build strategic resilience for tomorrow will capitalize effectively on [...]

By |2023-10-17T17:13:01+05:30March 30, 2023|Blogs, Technology|Comments Off on How do businesses build Strategic Resilience?
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What is Metaverse?

Metaverse is a combination of multiple elements of technology, including augmented reality, virtual reality, and video, where users "live" within a digital universe. When the Internet was still new, American Novelist 'Neal Stephenson spoke about virtual reality. In his 1992 dystopian novel Snow Crash. In the book, the Metaverse is presented as the ultimate evolution of the Internet — a kind of virtual reality where any virtual interaction can have a direct impact on the real world too. The word "metaverse" is a portmanteau of two words "Meta-" and "verse". The word "Meta" is a prefix of Greek-origin meaning "beyond", while "verse" comes from the word "universe". A virtual world where people would use Digital Avatars to play, work, and [...]

By |2023-10-17T17:13:38+05:30March 30, 2023|Blogs, Technology|Comments Off on What is Metaverse?
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What is Web 3.0?

The Decentralized Internet of the Future - the next iteration of 'World Wide Web - WWW,' is on the rise and brings the blockchain revolution with it. Imagine a next-gen internet that accurately interprets your inputs but actually understands everything you convey either through text, voice or any other media, where all the content that we consume is tailored and customized than ever before. We are at the tipping point of a new era in the Web's evolutions. In 2014 Gavin Wood, co-creator of the Ethereum blockchain, predicted the internet of the future to be centred on — unsurprisingly — blockchain technology. The Evolution of Web 3.0: Web 3.0 centres on the idea that there was already a significant shift in how we use the internet, moving [...]

By |2023-10-17T17:15:58+05:30March 30, 2023|Blogs, Technology|Comments Off on What is Web 3.0?
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Cryptos Asset Class Dilemma

India is at the forefront of the 'Crypto' Revolution; defining Asset Class for new-age digital assets will be a game-changer for the Country's Economic Growth. Cryptocurrencies have caught attention as an asset class in the last few years with a $3-trillion market opportunity. They have gone mainstream on the back of their sharp rally despite being famed for their volatility and uncertainties around regulations in many countries, including India. The digital token went further into the mainstream in 2021 as institutions, and retail investors got involved with the crypto market. The Reserve Bank of India (RBI) has opened a dedicated department for fintech that will help create regulations for cryptocurrency and its upcoming Central Bank Digital Currency (CBDC) for wholesale [...]

By |2023-10-17T17:16:49+05:30March 30, 2023|Blogs, Technology|Comments Off on Cryptos Asset Class Dilemma
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