Trial by ordeal as an effective system for guilt

Trial by Ordeal is a judicial practice by which the guilt or innocence of the accused is determined by subjecting them to a painful task. If either the task is completed without injury, or the injuries sustained are healed quickly, the accused is considered innocent. In medieval Europe, like trial

Cuckoo Smurfing for money laundering

Commonwealth Bank of Australia(CBA), the largest bank in Australia in August,2017 was charged with a massive fine by banking regulatory body, AUSTRAC. CBA was charged that it failed to monitor the illegal deposit of money through its intelligent deposit machines and indirectly it had allowed money laundering. Without getting into

Inspiration from Fibonacci series in real life

1,1,2,3,5,8,13,21,34… This is the famous Fibonacci number sequence, where the third number is sum of previous two numbers. The series itself was inspired when Leonardo Fibonacci observed the way the  way rabbits bred themselves. Soon the pattern found its way in understanding bee colonies, the seeds in sunflowers, structure of

Myanmar’s Design Thinking Center for economic empowerment

Leading global organizations are all investing heavily to embed Design Thinking as part of their core execution strategy.  Myanmar which is getting back to democracy after 50 years of military rule realizes that it has lot of work to do to build a strong economy and create a situation where

COWfunding : Fairebel’s innovation from Belgium

Fairebel is a milk co-operative society started in Belgium in 2009 with more than 500 farms as its members.The main goal under which Fairebel was started was to operate diary business in a fair way ensuring all the stakeholders in the diary chain are paid properly. It focused on farmers

Innovations in skill development

It is not just the private organizations who are taking skill development seriously. Several leading countries who are abreast with the disruptive business models and  proliferation of technology across the business are taking skill development seriously to improve the overall productivity with an aim to remain competitive in the global

Danish way to Healthcare innovation

Denmark consistently ranks in the Top 10 list of  countries with most happy people and their Healthcare system is one integral part in making that happen. Denmark has been a leader in Healthcare innovation and the results they have achieved is a proof to their success. Key Results Among the

Pricing Model innovation in success of Slack

Slack has really stormed the communication and collaboration market with their neat and clean messaging app.Their success story is phenomenal. One of the reasons attributed to their success is their simple and effective pricing model. Slack has realized the importance of billing simplicity and have come up with innovative Pricing

Finland Short Sea Shipping Innovation

Short sea shipping is one of the key challenges that face the shipping industry due to the complexity in meeting quick transportation time,varying customer demand, cost of operations and associated inefficiencies. A quick look at the Finnish Shipping industry gives us a interesting perspective.Some of the key measures of performance