Montserrat Santamaria

AI safety and security. As the UK idiom says: “more haste, less speed”. In the race to go to market, are we cutting corners on how we go to market? This week “Science” has published a paper calling “on major tech companies and public funders to allocate at least one-third of their AI R&D budget, comparable to their funding for AI capabilities, toward addressing the […] R&D challenges and ensuring AI safety and ethical use“. The paper identifies the concrete R&D challenges and makes pointed governance recommendations. In my view ,it provides an interesting comparison framework for the EU’s AI Act. “A first set of R&D areas needs breakthroughs to enable reliably safe AI. Without this progress, developers must either risk creating unsafe systems or falling behind competitors who are willing to take more risks. If ensuring safety remains too difficult, extreme governance measures would be needed to prevent corner-cutting driven by competition and overconfidence.” The paper concludes: “To steer AI toward positive outcomes and away from catastrophe, we need to reorient. There is a responsible path—if we have the wisdom to take it.”👇🏻👇🏻

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I'm excited to share some wonderful news as we gear up to celebrate European SME Day on May 12th. NTT DATA has officially joined forces with the "Observatory of #Finances for #Households and #SMEs" of IE Foundation as a strategic partner. Together we will advocate for top-notch #research in the realm of SME #financialbehavior and the #financialproficiency of their managers and owners, grounded in scientific rigor and practical applicability. We will address research questions such as: Why are Spanish SMEs smaller compared to European SMEs? What factors impede the growth of our companies? How do SMEs navigate their financial decisions? When do they seek professional advice? Which types of SMEs experienced increased digitization during the COVID-19 pandemic? Stay tuned for our future reports !! https://lnkd.in/dnnds52f Barbara Alcántara, Barbara Fernandes (Barbs), Mª Jesús Jiménez Hernández, Maribel Fernández, Triana Zapata, Nancy Cueto Gutiérrez, Geoffroy Gérard, Gonzalo Garland, Yolanda Regodón Poblador, Ismael Cámara García, Igor Galo, Patricia Sánchez, Ana C. Silva, Pedro Gete

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🚨 Why Booking a Hotel Room in English is Essential: 💥 Knowing how to book a hotel room in English is crucial for smooth travel. It helps you communicate preferences clearly, avoid misunderstandings, and ensure a better experience. Mastering this skill means more focus on enjoying your trip and less on booking hassles. Learn more about the English language with Oxinity. #TravelTips #HotelBooking #GlobalCommunication

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Valencia faces the devastating impact of Dana without the support and planning its citizens deserve in these difficult times. A strong, effective response is urgently needed to protect those most affected. For those who wish to lend their support, the newsletters below provide valuable insights and guidance on how to make a difference. David Hurtado Torán- thanks for the post. Andres Karp- thanks for the newsletter. Julian Isla- thanks for the initiative. Magda Teruel Llorente- thanks for the initiative.

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One recurrent issue that I have been facing in the last 21 years refers to failed EMEA Shared Service Centers (#SSC) implementations at managing of Spanish Receivables. Especially remarkable here are the ones related to retail U.S. companies. Here are some of, in my opinion, possible causes of this: 🤔   👉 From Spanish Management point of view, the SSC should entirely pledge to their demands and wishes since they are the (internal) customer, they pay the bill, therefore “the customer is always right”. In contrast to this idea, the SSC managers claim they provide service to more countries, not only Spain, acting as delegation of company´s HQ who at the end dictates the policies and procedures to be followed. Therefore, Spain is just a part of the “big picture”. Especially critical here is the application of the Sarbanes Oxley Act (#sox) which does not allow some combinations of performing tasks (segregation of duties) on the same people/department.   ·  👉     Lack of knowledge of Spain´s idiosyncrasy: Some SSC managers show little (or directly they don´t care at all) interest about Spanish business culture and customs. A very good example here can be found on the fact that Spanish lunchtimes differ notably from the ones not only in Europe but also in the Western World. As result of this staff is “forced” to go for lunch between 12:00 and 12:30 which is a peak time in Spain to answer any kind of request resulting in a lot of controversy.   👉 As result of the above mentioned, sometimes the SSC management only pays attention to the language skills in order to hire new staff resulting in a complete onboarding failure, since sometimes the chosen people have no financial experience /background at all ,let alone knowledge about Spanish business culture as previously mentioned. We are talking here about the most valuable asset of a company: Their receivables! Credit Control is not just a matter of “picking up the phone and call some guy who owes money”- Remember who is paying the bill here……. 😃   👉 Another root cause might be found in the fact that, sometimes the migration of activities fails due to a poor planning and communication strategy. Spain still remains a very hierarchical country. A Spanish manager expects to communicate to the ones who he/she recognizes as his/her “equal” in terms of decision making. If this is not managed in a proper way it will be taken as a very hostile action and it will definitely complicate things. 😫   I hope you all are having a good summer! 🏖 #cpartnersolutions #creditmanagement

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El basetià Marc Castells i Olivella participarà el 19 de setembre a "Conference - Business and Inequality: Rethinking ownership, governance and rewards to prevent societal collapse" que organitza l'IESE Business School en la taula rodona titulada "Rewarding People Fairly Along the Value Chain" La jornada està pensada per a bussiness liders que estiguin disposats a fer passos concrets cap a pràctiques empresarials més equitatives, sostenibles i conscients. Registra't aquí ➡️https://lnkd.in/d53wTbJd ACCIÓ Generalitat de Catalunya Capitalismo Consciente España - Conscious Capitalism Spain

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Great topic !!! The challenges of mobility in a big metropolis. How can we profit from the new options without generating disorder and safety risks? Intelligent Community Forum Institute Canada (Atlantic) Intelligent Community Forum

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Finally good news after a lot of hard work. Consorci d'Aigües de Tarragona has been awarded 9,5M€ by the spanish government to advance in the Digital Transformation journey. We are in the middle of a great project (23 M€) that wants to convert the company into a real data-driven company. This award will allow us to accomplish this goal. The project includes a data lake, four digital twins, energy eficiency, AI integration and cibersecurity as its main goals. #perte #digitalization #water #digitaltwin

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New rules for all ; It will improve the revelations; for the analyses and comparisons

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https://lnkd.in/dzauX7NW - Read the Article here New Business Models for Financial Sustainability of Indian Universities Universidad de las Américas Puebla #Business #Strategy #Finance #Management #Economics #strategysalessuccess #strategyplanning #Accounting #ResearchandDevelopment #ResearchArticle #Research

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10 years of working with the corporate sector, helping companies perform better in English.

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It is a pleasure to share this news with you: Junta de Castilla y León has announced, through the Official Gazette, the granting of aid for six #international #development #microprojects, for a total amount of 248,300 euros, which will benefit four companies and two municipalities in the region. These initiatives, promoted within the framework of the IV Master Plan for Development Cooperation 2023-2026, will be developed within a maximum period of 12 months and will be implemented in situ by NGOs. Together with important companies such as: Ibersnack, Asercomex Logistics, and Autovía de Arlanzón, INERTIM RESEARCH, S.L. will collaborate with NGOs such as the Red Cross and Salesian Missions in health and education projects in Guatemala, Senegal, Democratic Republic of Congo and El Salvador. In addition, the city councils of Burgos and Ponferrada, together with NGOs, will undertake improvements in the drinking water infrastructure in El Salvador and the solar electrification of schools. This initiative, part of the Castilla y León Solidaria strategy, aims to reinforce the socially responsible image of the participating companies and municipalities and improve the quality of life of more than 650,000 people. The Junta de Castilla y León intends to continue improving and sustaining this initiative.

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We have celebrated the SAP CFO Get-together Spain, with the remarkable participation of Pablo Hernández de Cos, former governor of the Bank of Spain and recently appointed director general of the Bank for International Settlements (BIS). During the event, the attendees discussed key topics such as the economic implications following the presidential election in the U.S., possible macroeconomic scenarios, the European situation, and global competitiveness. Additionally, geopolitics and its impact on the Spanish economy were addressed, with the presence of SAP Spain's executives: Jose A. Valles , SAP Spain Managing Director, and Leticia Macciardi , Chief Financial Officer. This is one of my favorite programs in Spain, which we kicked off two years ago. The key elements of the program are: 1. A selected group of CFOs are driving the momentum and the content. 2. We create the intimacy to share opportunities and challenges for the financial function. 3. We shape an environment of partnership to enrich our perspective. Thank you to all attendees and to Pablo Hernández de Cos for their time and contribution. Thank you to all attendees and to Pablo Hernández de Cos for their time and contribution. A special thank you to Marcia Aguilar Liñeiro , Vanesa Pizarro , Iñigo Foldvary Correa and Ignacio Cuenca. #SAP #SAPCFOgettogether #CFO

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