When COVID-19 lockdowns forced the public and businesses to a standstill, the world saw a temporary respite from pollution, a brief drop in global emissions, and a glimpse at the future we could have if we changed the way we impact our environment. How can we make that future a reality? On June 30, a subset of the Fast Company Impact Council, an invitation-only group of entrepreneurs, business leaders, and innovators across industries, considered that question.
In a roundtable discussion led by Fast Company senior editor Morgan Clendaniel, business leaders discussed the Future of the Planet—and what businesses can do to create better sustainability policies. The session participants were, in alphabetical order: Caroline Brown, managing director at Closed Loop Partners; Audrey Choi, chief marketing officer and chief sustainability officer at Morgan Stanley; Jonathan Neman, CEO and founder of Sweetgreen; Gayle Schueller, VP and chief sustainability officer at 3M; Troy Swope,
Tillster’s solution fosters popular eatery’s pivot in the COVID-19 environment
Tillster, the global leader in digital ordering and engagement solutions for restaurants, announced today its partnership with Tortas Frontera to support the brand’s pivot to 100% digital ordering amid the Coronavirus pandemic. With the unanticipated closure of some of their locations, the restaurant selected Tillster to deploy a rapid solution for online ordering and delivery and increase operational efficiencies.
In January 2020, Tortazo, the newest restaurant concept by chef Rick Bayless, opened its doors to great fanfare in Chicago’s Willis Tower. The dine-in, Mexican-inspired eatery was in the process of expanding its business with the addition of online ordering; however, the onset of the COVID-19 pandemic caused Willis Tower to empty, resulting in Tortazo to temporarily close its doors in March. The restaurant has since reopened and sought to pivot quickly and adapt to the new environment by creating brand
“The future of digital supply chains requires a data foundation that unlocks unlimited value creation,” says Dr. Elouise Epstein of Kearney. “Tealbook is a leading example of that data foundation.”
The benefit of a trusted supplier data foundation is to provide procurement teams with the ability to innovate with suppliers, drive advanced costs savings, create opportunities for corporate social responsibility (CSR), and manage risk. The data foundation is the organizing principle of the supplier information. Once it is cleansed, harmonized, and enriched it becomes easily syndicated to every application in the ecosystem. Data from Tealbook can be incorporated into any technology, whether it is a S2P tool, ERP, S2P/P2P, niche digital solution, Excel, or another analytics tool, ideally tying them together by the same source of data.
“The need to achieve digital procurement success has been a challenge for nearly every enterprise,” says Dr. Epstein. “This new ecosystem view
WASHINGTON — The U.S. Army’s Future Long-Range Assault Aircraft program passed through the Army Requirements Oversight Council’s gauntlet and received preliminary approval of its abbreviated capabilities development document, bringing the aircraft a step closer to a competitive procurement, according to the head of the service’s future vertical lift efforts.
The service is on a tight timeline to field a brand-new, long-range assault aircraft by 2030.
“The AROC went well,” Brig. Gen. Wally Rugen told Defense News in an Oct. 6 interview. “The aviation enterprise continues to impress me, just our ability to drive on these tough administrative and requirements tasks and get them done on time and do what we said we were going to do.”
At the time of the interview, not all of the paperwork was signed and the ink wasn’t dry. However, Rugen said, “it was probably one of the best AROCs I have attended in my
Just in case it may have somehow slipped your mind amid the barrage of news coverage, ads, and tweets, there’s a political election coming up this November. The differences between the candidates have been well documented, but how are those differences perceived by the voting public?
In the case of how Americans view the candidates’ respective views on Social Security, a new survey by Simplywise, a fintech that provides technology to help people plan and save for retirement, sheds some light. The company’s most recent Retirement Confidence Index, released in September, revealed that 63% of Americans feel confident in the future of Social Security if the Democratic challenger, former Vice president Joe Biden, is elected, while only 44% feel confident if President Donald Trump is reelected. Among people age 60 and over, 59% feel confident in the future of Social Security if Biden wins compared to 43% for Trump.
Marqeta, the global modern card issuing platform, today released a report that examines how banks intend to change their strategies in response to the COVID-19 pandemic. According to the findings, COVID-19 has had a significant impact on almost all (96%) European banks, with over three-quarters (78%) planning to change their future banking strategy to adapt to changes in consumer behaviour, such as the accelerated adoption of digital banking services and cashless payments.
The study of 200 banking executives found that, as a result of growing demand for digital services, 80% of banks have accelerated their plans to digitally transform. Banks also predicted that digital transformation projects will need to be delivered in two-thirds (69%) of the time, with 89% saying that the COVID-19 pandemic has drastically increased the speed of change in banking from years to months. The study also found that:
A version of this article first appeared in the fall 2020 Artnet Intelligence Report, which you can download for free here.
These founders, visionaries, and upstarts are part of Artnet’s New Innovators List. Whether developing new software or constructing novel platforms for exchange, these six innovators remind us that you can’t build the future with outmoded tools.
See the complete list of the New Innovators here and check back for more in-depth profiles in the coming days.
Tyler Woolcott, 38, Director of StudioVisit, London
Tyler Woolcott, Owner StudioVisit London.
Thanks to Tyler Woolcott, artists can now make much-needed money by offering bespoke visits to their studios, priced up to £250 per person. “They are fully in control,” Woolcott says. “StudioVisit gives artists the tools to become a self-sustaining, independent institution.” The expat American has nearly 40 artists on his books—and the list is growing. Tours are by necessity mostly virtual
Construction begins with virtual groundbreaking ceremony attended by Singapore Prime Minister Lee Hsien Loong, South Korea’s Industry Minister Sung Yun-mo, and Hyundai Motor Group Executive Vice Chairman Euisun Chung
HMGICS to serve as an innovation center for future mobility studies
Construction due to be completed by the end of 2022
Center to lead paradigm shift in mobility value chain, spanning the entire lifecycle of vehicles
Small-scale manufacturing capabilities focused on EVs to test a customer-centered manufacturing platform
HMGICS to explore new business concepts, including battery-as-a-service
SEOUL, South Korea and SINGAPORE, Oct. 13, 2020 /PRNewswire/ — Hyundai Motor Group (the Group) celebrated the groundbreaking announcement of the Hyundai Motor Group Innovation Center in Singapore (HMGICS) with a virtual ceremony today. The center will act as an open innovation lab for the Group’s future mobility research and development, with the aim of revolutionizing the future mobility value chain.
Democratic presidential nominee Joe Biden laid out his vision for manufacturing during a Monday stop in Toledo, vowing to emphasize union labor and make it easier for consumers to “move to the vehicles of the future.”
Biden spoke for about 25 minutes at a drive-in rally outside a United Auto Workers union hall in the Ohio city that borders Michigan 22 days before the Nov. 3 election. The former vice president touted his plans to create a network of 500,000 charging stations and offer rebates for those looking to swap out older vehicles for newer, more fuel-efficient ones — his version of the “cash for clunkers” program from President Barack Obama’s administration.
“We’re going to make it easier for American consumers to move to the vehicles of the future,” Biden said at one point.
“We’re going to move in a direction that technology is taking us and making sure the
Increasing the roles played by robots in society can conjure various visions of both utopias and dystopias, depending on your level of comfort with and trust in technology.
Case in point: A team of scientists based at the University of Leeds in the UK has developed a semi-autonomous robotic system to perform one of the most intimate and dreaded routine medical procedures around: the colonoscopy.
“What we have developed is a system that is easier for doctors or nurses to operate and is less painful for patients,” explains Pietro Valdastri, a professor of robotics and autonomous systems overseeing the research. “It marks an important step in the move to make colonoscopy much more widely