Posts

Revlon And Bankruptcy

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  Why Revlon Failed and How Culture, Diversity, and Inclusion Can Save It. Revlon , a global icon in the cosmetics industry, has faced significant challenges over the past few years. Established in New York in 1932, Revlon has been a household name, selling makeup, fragrance, and skincare products in over 150 countries. However, recent years have been tumultuous for the company. The COVID-19 pandemic led to store closures, resulting in a significant drop in sales by more than 20%. The situation was further exacerbated by rising inflation, which caused consumers to reduce spending on non-essential items like beauty products. Consequently, Revlon struggled to manage its massive liabilities, amounting to $3.68 billion, and faced difficulty paying suppliers. These challenges forced the company to file for bankruptcy. While Revlon has made strides in its reorganization efforts, successfully cutting over $2.7 billion in debt and emerging from Chapter 11 bankruptcy, the company is not out...

KODAK COULD HAVE BEEN SAVED

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  A Success Story That Could Have Been: Kodak’s Journey Through Culture, Diversity, and Inclusion. The Kodak of Yesterday Kodak was once a titan of the photography industry, known worldwide for its innovation in photographic film. The company’s golden years were marked by unparalleled success, with Kodak becoming synonymous with photography itself. However, despite developing the world’s first digital camera in 1975, Kodak’s management failed to fully embrace this groundbreaking technology, choosing instead to protect its profitable film business. This shortsightedness led to Kodak’s downfall, culminating in bankruptcy in 2012. The Kodak That Could Have Been: Imagine a different story.  What if Kodak had embraced a culture of diversity and inclusion?  What if the company had fostered an environment where diverse voices were not only heard but also empowered to drive innovation? Embracing Diverse Perspectives: In this alternate reality, Kodak’s leadership should have re...

The Global Threat and Strategies for Combatting Superbugs

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Written by:  Osunlana Adeleke   The battle against superbugs requires a united global effort, combining surveillance, prevention, innovation, and responsible antimicrobial use. By working together, we can preserve the effectiveness of antibiotics and ensure a safer future for all. Antimicrobial resistance (AMR) is one of the most pressing health challenges of our time. It occurs when bacteria, viruses, fungi, and parasites evolve to resist the effects of medications that once killed them or inhibited their growth. This resistance renders standard treatments ineffective, leading to persistent infections and an increased risk of spreading resistant organisms. AMR threatens the gains of modern medicine, complicating the treatment of common infectious diseases, leading to prolonged illness, disability, and death. The Scope of the Global AMR Threat The World Health Organization (WHO) has identified AMR as a top global health threat. AMR could cause 10 million deaths annually by 205...

Meningococcal Disease

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  Meningococcal Written by:  Osunlana Adeleke kòkòrò-àrùn pàtàkì tí ó lè já sí ìbàjẹ́ ẹ̀yà-ara tàbí ikú. 😪 Meningococcal disease is a severe, life-threatening bacterial infection caused by Neisseria meningitidis. It primarily manifests as meningitis and septicemia, both of which can lead to significant morbidity and mortality.  Despite advancements in vaccination and antibiotic therapy, meningococcal disease remains a global health concern, particularly in regions with limited access to healthcare.  I have documents that provides comprehensive clinical overview of meningococcal disease, detailing its epidemiology, pathophysiology, clinical presentation, diagnostic criteria, treatment modalities, and preventive strategies.                         Yorùbá version Àrùn tí ó pani tàbí bá ẹyà ara jẹ́, jé àkóràn kòkòrò-àrùn tí ó léwu  ti o n wáyé nípasẹ̀ Neisseria meningitidis. Ní àkọ́kọ́ ìfarahàn rẹ̀ bí meni...

Climate Change: A Call to Action on the help you can render.

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          C limate change is no longer a distant threat; it's a global emergency that demands immediate action . Rising temperatures, melting ice caps, and extreme weather events are clear indicators of our planet's changing climate. But fear not—collective action can turn the tide! 🌊 The Human Impact: Our actions have consequences. The burning of fossil fuels and rampant deforestation have accelerated the release of greenhouse gases into the atmosphere. These gases trap heat, leading to a warming effect that disrupts ecosystems, threatens biodiversity, and affects human health. 😷 Private Jets are typical examples of to be tackled if we're serious about our planet. Here we go with facts and figures: - Private jets burn aviation fuel (jet fuel) during flights. - One of the popular models, the Cessna Citation XLS, burns approximately 189 gallons (857 liters) of aviation fuel per hour on average¹. - Let's consider a hypothetical journey from Rome to Glasgow (a...

Affordability of Cyber-resilience

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"Affordability is a critical determinant of cyber-resilience success. We should therefore design risk-appropriate, affordable and fit-for-use cyber-resilience architectures for large multinationals and SMEs alike." World Economic Forum. As the gap in cyber inequity between organizations that are cyber resilient and those that do not keep increasing, emphasizing that affordability is key to bridging this gap is key. The report points out that while large organizations have made remarkable gains in cyber resilience, SMEs have shown a significant decline. This disparity is because more than twice as many SMEs as the largest organizations say they lack the cyber resilience to meet their critical operational requirements.  Therefore, designing risk-appropriate, affordable, and fit-for-use cyber-resilience architectures is essential for both large multinationals and SMEs. Such designs would allow organizations to maintain ...

Usefulness of Culture & Tradition

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  C ulture and T radition   are the threads that weave the fabric of human existence. They are the stories passed down through generations,    the rituals that connect us to our roots, and the shared values that shape our identities. In the ever-evolving landscape of organizations, these cultural elements play a crucial role in defining who we are and how we operate. O rganizational culture, conventionally defined as the ensemble of beliefs, assumptions, values, norms, artifacts, symbols, actions, and language patterns shared by all members of an organization, provides the very identity of the organization itself. It's like the personality of an organization—the underlying psychological assets that influence behavior, decision-making, and interactions. Let's explore this further: Holistic and Historical : Organizational culture is more than the sum of its parts. It's holistic, and shaped by historical events, rituals, and symbols. Just as a person's personality is in...