A revolution is being brought up in the organizations for process improvement with lean thinking. Lean principles stress on continuous improvement, respect for people and utmost care of customer. A Lean management offers guidance and ensures optimization of the entire organizational system for value delivery. A shift in the mindset of the management principle from a supervisor to a coach, whose prime motto is to reach the goal (maximizing delivery of value to the customer) keeping the Lean principles in mind, encourages employees to work on their skill set, put forth smart opinions for sustainable and competitive growth and make successful leaders for the organization who would carry forward the legacy. The main requirements for making lean leadership work is the presence of trust and transparency. Hence, recognition of team members, putting emphasis on culture and abiding by principles can increase success of the organization several folds, both now and in future. Read more at: http://www.aleanjourney.com/2019/06/lean-quote-enhance-learning-by-doing.html

Last fifty years have seen great advancements in the medical field but along with it came hand in hand the errors in interpretation of medical scan reports, with 2% false positive rates and 25% false negative rates. AI, however, has come forth for rescue. While there have been arguments that deep learning would replace radiologists soon now, it is nothing more than a myth. With deep learning, the doctors would be able to detect the problems quickly and operate accordingly. One example is Zebra Medical Vision which has helped doctors for five years now in making the right decisions by developing deep learning algorithms for interpretation of medical images and working with data. It will help automate every visual aspect of medicine, help doctors by giving them a second opinion and also provide assistance and augmentation in case of lack of any skill. With such feedbacks, the probability of correct diagnosis increases many folds. The augmentation of Artificial Intelligence in the medical fields will be revolutionary. Read more at: https://www.forbes.com/sites/gilpress/2019/04/22/ai-startup-zebra-medical-vision-enlists-deep-learning-to-save-lives/#68aa9baa1035

With the advancement of technology, the advancement in the hacking sector has also taken place. All types of data are being hacked and misused. To solve this problem, biometrics have come into the play. Smart phones already have finger print and face and voice recognition facilities. These features will now come in the financial sector which would disable hacking or duplication (as can be done with ids and passwords) and hence keeps the data safe. The recent big problem of hacking of the ATMs can be curbed using the biometric technology. Beyond physical characteristics, behavioral biometrics can also track how a consumer swipes a mobile screen or uses a keyboard and recognize fraudulent activities. However, the institutions are not that flexible in terms of adopting the new technology due to coordination problems. The customers, on the other hand, are keen to use this new technology which keeps them safe. Read more at: https://finance.toolbox.com/article/biometrics-play-growing-role-in-security-and-convenience-for-financial-services