Quality Insights Volume 7: Focusing on Cloud Security, Lean and Social Audits

A recent Gartner survey showed that 70% of organizations using cloud services plan to increase their cloud spending due to COVID-19. However, there are well-documented risks associated with storing sensitive data in the cloud.

Cosmetics and over-the-counter (OTC) certification regulations differ greatly, so it is essential to understand the differences.

Organizations spend vast sums of money on resources to offer goods and services to customers. But are these resources optimized? Going Lean will help optimize resources for increased efficiency.

Lockdowns and restrictions posed the greatest challenge to social audit programs, as auditors and most staff could not physically be on-site. The need to assure existing and new suppliers became difficult, and uncertainty over the length of lockdowns and the pandemic added to the situation.

Face masks became common sense in Asia after the SARS epidemic in 2002. They were no longer an indicator of disease and became more akin to putting on a jacket for cold weather.

Corporate environmental, social and governance (ESG) considerations are increasingly important to organizations and investor decision-making. Investors often say the availability and quality of ESG disclosures are insufficient to base investment decisions on.

Data-led insights are essential to breaking down silos and delivering visibility and control across supply chains and operations. Having full control of your organization’s data is critical to any transformational journey and should come before you discuss further technological investments.

The pandemic has fundamentally changed the way people live and work. As many organizations transition to the “new normal”, they are facing the challenges of how to launch or restart their operations while ensuring occupational health and safety.

EU Taxonomy is a tool to help stimulate investment in sustainable economic activities. It is a green language that organizations must learn over the coming years.