Artificial Intelligence (AI) — The future of Business. Here are 6 reasons why!

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Technology has always been the change catalyst for how we do business and with the rapid changes in communication technology, these changes are now taking place in real-time.

Technology enabling us to work virtually. Photo credit: unsplash.com/Uriel Soberanes

One of the key reasons for the long-term success of big multinational organisations is their ability to obtain business intelligence (BI) from their customers. Most organisations still collect feedback from their customers after a sale or service provided using a standard feedback form that asks typical questions. The information obtained through this method provides valuable information about the customers and their experience, but still the information is very limited, slow to get and process, and depends a lot on the customers’ willingness to give feedback. 

Organisations that invest in artificial intelligence (Al) and machine learning (ML) derive a lot of other benefits that can impact and provide business intelligence to multiple departments within the organisation. Furthermore, with the advancement in cloud storage and computing, data and business intelligence can be derived almost in real time. 

The following are some of the benefits of AI and ML especially in the era of cloud computing: 

  1. Enhanced Customer Experience: Real time intelligence on consumer buying behaviour provides companies with data on a number of key parameters from the spending capabilities of their customers, products that are trending, products that are reaching the end of their lifecycle, seasonal information, etc. Analysis of these data can provide the organisation with insights on the best ways to reach its customers through marketing activities, product pricing, product placement, etc. 
  2. Operational Automation: Operations are the backbone of an organisation. Without goods and services being produced or delivered, there is no purpose to the existence of an organisation. This is traditionally where the majority of the workforce is centred around, where the most wastage of resources takes place and is also the highest budgeted department of the organisation. Through the incorporation of AI and ML, the entire department can be streamlined to operate with best efficiency and in a cost and human resource effective manner.  
  3. Data Mining: Most organisations produce a mountain load of data every single day and it is not possible to manually go through all the data and extract some kind of BI from it. AI and ML will be able to quickly surface important and relevant patterns and insights during the processing of big data.  
  4. Supply Chain Management (SCM) Automation: Like operation automation, the BI derived through AI and ML can help streamline and increase the efficiency of the entire supply chain management process. It will also help in the automation of the entire SCM process. 
  5. Recruitment: Most big organisations receive thousands of job applications every month for a handful of job opportunities, making it almost impossible to go through all the applications to find the right person for the job. AI and ML can help (and indeed do already) in analysing the job requirements and the applicants’ data to find the right person for the job. 
  6. Trend Analysis: This key BI is applicable across all the departments of the organisation and is available through the analysis of all the data each department generates. By effectively predicting the trend, it will increase the efficiency and reduce the operational cost for an organisation as a whole, and at the same time increase its sales and overall profit. 

The above are just some of the more obvious benefits of an AI and ML system. Every day, new BI programmes are being developed. These programmes best utilise the AI and ML systems’ data to provide organisations with unique and valuable data to base future business decisions on.  

If you are looking to formalise your AI and ML knowledge, or looking for a jumpstart into a career in Artificial Intelligence, Robert Kennedy College offers a 100% Online MBA Artificial Intelligence through an exclusive partnership with the University of Cumbria, UK. Click here to apply for the programme. 

You can also chat LIVE on WhatsApp with one of our Education Advisors for more information on the programmes offered, application process, and for more information on any discounts we might be running in this rather strange period of our lives.

Student Testimonials – Johannes’s Truly Inspirational Story!

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This week we bring you the truly inspirational story of Johannes from South Africa; a story which I personally found to be heart warming and one that motivates me to do something better in my life, everyday.

Johannes, a BA graduate and a Banker decided to pursue MA in Leading Innovation and Change (MALIC). One reason was that it is a well known Online Programme offered by the Robert Kennedy College in Switzerland. Another reason was that it was offered in partnership with York St John University in York, England, which he believes is one of the best countries for a special needs student.

Johannes graduated recently and it was a proud moment for him and his wife who commended his dedication throughout the course. He now intends to continue for a PhD.

As Johannes says, “At York, I was not just a number. The University was always eager to help”. Watch Johannes’s story and get motivated!

Success Story from South Africa

Download the catalogue to find out more about the programme, fees, start dates and eligibility criteria.

Future of Healthcare professionals

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HEALTHCARE INDUSTRY – STA·TUS QUO

Demand for healthcare services has unobtrusively risen over a period of time now and this growth will continue into the future. The demand for services translates into ever-increasing demand for healthcare workers – including nurses, physicians, allied health professionals, technologists and coders, leaders, and support personnel. Like any other industry, it’s an upward trend in the long term, for the healthcare sector employment. However, the healthcare industry does not seem to be prepared enough to cater to this increasing workforce demand. Increasing demand has been accompanied by a growing number of unfilled jobs, a serious challenge that can be perceived in the federal labor data and on the digital job boards of hospitals and health systems, where hundreds and even thousands of open jobs are posted. Both growth trends and growth challenges will continue into 2018 and beyond.

WHERE IS THE FUTURE?

The amount of money that is projected to be spent on healthcare in the future, is cogent indicator of rising demand for healthcare services and healthcare workers. More than doubling from 2010 to 2025, when it reaches beyond $55 trillion, expenditures include payments for all healthcare costs, including pharmaceuticals, equipment and technology. However, labor constitutes the single greatest cost for most healthcare organisations.

This growing trend, has translated into a flurry of jobs openings in the healthcare sector. Even in 2017, despite the continued debate over the future of healthcare policy, the healthcare industry has added an average of 24,000 jobs each month. That’s vigorous growth in any industry. Employment growth is expected to continue for the foreseeable future. While healthcare job growth will ebb and flow in the future, the trajectory of growth has been consistently upward.

HOW CAN YOU FIT IN THE DEMAND SUPPLY GAP?

While job openings have ascended steadily over the years, the job hires remained relatively static. Traditionally openings have outpaced job hires in healthcare and the gap between openings and hires has been widening rapidly since 2014. This swelling gap – which represents a cumulative number of unfilled jobs – shows the challenges that healthcare providers face in finding enough practitioners and support personnel to fill today’s job openings. Other data reveals that the problem of high demand for healthcare workers, and low supply of those workers, may continue well into the future. The statistics on the projected future job openings  provides the healthcare providers the crucial insight on the demand for healthcare services and healthcare professionals. These are the jobs that healthcare providers will need to fill in the future.

At Robert Kennedy College, we offer Online MBA International Healthcare Management Programme, in exclusive partnership with University of Cumbria, UK. Recognise the workforce shortage in the healthcare sector and be there where there are abundant jobs. The MBA IHM could prove be the key to your success and better future. Click here to receive the course catalogue and get a chance for free trial offers.

Online education is the future of education system

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It’s a changing world. We live in era of technological innovation, digitization and an internet boom, and the education sector has evolved to a stage which would hardly have been believable a few years ago. Change is often inumbrated by resistance, and bringing about any change to education, likewise has been no simple task. Only a systemic change could prompt the establishment of new teaching methodologies and the application of advanced technology in education. But despite challenges, online learning is making tremendous progress in permeating all pillars of education, from corporate learning, to higher education, to K-12 schooling. Leaders in these areas have discovered some significant ways in which online learning is better than in-person learning, and as a result we’re seeing the widespread implementation of connected technology to drive education initiatives.

With the advent of digital innovation and e-commerce, the world is your oyster where you can get almost anything and everything at the tap of your finger, without leaving the comfort of your home. There is nothing in this world you cannot get online, so why not education? Gone are the days when the only way to learn and advance was to sit through tiresome lectures. As the number of online users grows by the day, more and more people are taking to the internet for their learning needs.

Yet if you’re considering moving to online learning, it’s important to know why you should. Well, there are several reasons why online education continues to grow in popularity and is indisputably the next big thing. The factors range from the wide variety of course offerings, flexibility, and learning pace, to quality of pedagogy and networking opportunities.

Robert Kennedy College has been a pioneer in online education for the last 19 years. Its online masters’ programmes combines Swiss quality education at a distance with residencies at the college’s premises in Zürich, Switzerland or in England at the campuses of the College’s exclusive partners: the University of Cumbria, the University of Salford and York St John University.

The advantages and benefits of online learning offered by Robert Kennedy College make their education unique and stand out from the competition:

  • Wide range of courses offered – Online MBA, MSc and LL.M
  • Blended Learning – Learning opportunity both online and in-person with one-week residency
  • Network building opportunity with peers and colleagues from all over the world
  • Proprietary state of the art technology
  • Outstanding teaching faculty
  • Superior student care

At RKC we are changing lives. Come and be a part of this revolution. Click here to find out more about the online programmes.

Robert Kennedy College Students attend Residential Week in Cumbria

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Robert Kennedy College in an exclusive partnership with the University of Cumbria, held the residency programme for our online MBA students. Held at the University of Cumbria’s picturesque Ambleside Campus, the residential week covered the module “Tackling Global-Local Challenges in Ethics, Responsibility and Sustainability.”

The residential week gave the students an opportunity to complement their online learning with a conventional classroom experience. And the diverse group of students coming together from different countries, cultures and backgrounds and professional experiences, made the week all the more enriching. The residency was attended by more than 25 international students from countries like Canada, United Arab Emirates, Nigeria and South Africa, to name just a few, for a face-to-face opportunity to enhance their learning experience.

The students participated in various activities and classroom sessions in this action-packed week as well as learning about research methodology for their dissertation. The unique experience left them feeling invigorated and inspired to put the techniques learned during the week into practice. And more importantly, the week gave them an opportunity to connect with their classmates, to forge new friendships and establish relationships with faculty and directors.

“The residential week is an integral part of the course. It’s the only chance the students get to meet one another face to face as opposed to engaging with each other online. The week is really varied. We have a number of education sessions from different guest speakers and faculty throughout the programme. We also have a number of experiential activities and we spend a day enjoying the landscape.” said Emma Watton, Senior Teaching Fellow, (Lancaster University), MBA Leadership and Sustainability Programme graduate.

Students also had the opportunity to explore the idyllic settings of the Cumbria campus and participate in various outdoor team-building activities.

Professor Jem Bendell, Director of the Institute for Leadership and Sustainability, commented, “The residency brings professionals together from around the world. We went with the students on a trail walk that William Wordsworth took and heard about his poem where he talks of letting nature be our teacher. This is something quite unique, a heritage we can explore and find ways of building that into our teaching practice”.

With students from every continent, it was a truly international experience and an opportunity to network with colleagues from all over the world. This unique learning experience left every student with lifetime memories.

 

Celebrating 19 Years of Swiss Quality Education

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Prof. Dr. iur. David Costa, Dean Robert Kennedy College and Stefano Costa MBA, Finance Director Robert Kennedy College (RKC), visited NASDAQ New York to commemorate the success of RKC for providing Swiss Quality Education in partnership with top British Universities since last 19 years.

“Having the name of Robert Kennedy College at the center of Times Square, New York was mesmerizing and surreal but more imperative was this unique opportunity to extend thanks to our staff, students and graduates throughout the world”

During the 19 years the college has served thousands of students across over 130 countries. Thanks to proprietary state of the art technology, outstanding teaching and superior student care, the college has pioneered the concept of blended and online learning throughout the world. #RKC instructors are graduates from some of the best universities worldwide. With over 5,000 students from 130 different countries, we are a truly international establishment.

Our online masters’ programmes combine Swiss quality education at a distance with residencies at the college’s premises in Zürich, Switzerland and in England at the campuses of our exclusive partners, the University of Cumbria, University of Salford and York St John University. Thanks to the unique blended learning format, students are able to experience face to face live classes during the one week residential without disrupting their busy careers.

At RKC you are not just a student number. You are part of our online learning community engaged with faculty members and other students. Get more information about our programmes here.

 

Why an online MBA, LL.M and MA?

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As many of our readers are asking what makes our online Masters programmes stand out from the rest, I prepared a short video to explain the most important reasons for joining an online MBA, LL.M or MA programme offered in an exclusive partnership between Robert Kennedy College and the University of Cumbria.

If you have any questions about our programmes, feel free to get in touch with our educational advisers. You can apply for our programmes online by clicking here.

2012 Highlights: Graduations at Carlisle Cathedral

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As 2012 comes to an end, we would like to share with you one of the highlights of the year: the University of Cumbria graduations held at Carlisle Cathedral on the 22 November.

The graduations were attended by several MBA in Leadership & Sustainability graduates who received their degrees from the Chancellor of the University of Cumbria: the Most Reverend and Right Honourable Dr John Sentamu, Archbishop of York.

Graduations are certainly a major highlight of the year for Robert Kennedy College. Graduation time is when talented students from all over the world reach another height in their personal and professional careers, namely the University of Cumbria MBA.  We congratulate Carol Aebi from Colorado, Richard Lau from Bermuda, Laura Caiello from Brasil, Zeljka Plancherel from Switzerland, Johan Poelstra from Poland and all the MBA class of 2012 graduates.

To inspire you in the upcoming year 2013, I am happy to share further photos of our graduations at the Carlisle Cathedral.
The gallery below features our proud 2012 MBA graduates and some of our faculty members including myself, Dr. Alistair Benson, our Deputy Dean Prof. David Duffill and the MBA programme leader Dr. John Luffrum

When do you plan to start your Online MBA or, if you are already a student, when do you plan to graduate? Feel free to leave you comments below !

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