Innovisionaries

Risk Management Ever wonder how businesses prepare for the unexpected? From economic downturns to data breaches, there are many threats that can derail an organization's success. That's where  risk management  comes in. Risk management is the process of identifying, assessing, and controlling potential dangers to a company's financial health, legal standing, and overall strategy. While the thrill of the unknown is a big part of the entrepreneurial spirit, it's crucial for entrepreneurs to embrace risk management as well. New businesses are inherently risky ventures, facing challenges from unproven markets to limited resources. According to U.S. Bureau of Labor Statistics, approximately 20% of new businesses fail within the first two years of being open (Deane, 2024). Risk management provides a framework to identify potential pitfalls, from financial setbacks to legal issues. By proactively planning f...

Securing Borders with AI: A Vision for Enhanced Safety and Efficiency The implementation of Artificial Intelligence (AI) offers transformative solutions to bolster border security, addressing various challenges through advanced surveillance, data analysis, and automated systems. By integrating AI technologies, authorities can enhance the efficiency and effectiveness of security measures at national borders. AI-powered surveillance systems, including drones and cameras equipped with facial recognition technology, can monitor vast and rugged terrains, identifying unauthorized entries or suspicious activities in real-time. These systems operate continuously, overcoming human limitations of fatigue and distraction, thereby ensuring a constant vigil over sensitive areas. Furthermore, AI excels in analysing massive datasets rapidly, a capability that can be harnessed to scrutinise travel documents, biometric data, and historical patterns to flag potential security threats...

  Excessive Heat in Kuala Lumpur, Malaysia 1. Wicked Problem Identification: Excessive Heat in Kuala Lumpur, Malaysia.   Kuala Lumpur, Malaysia's bustling capital, is grappling with the escalating issue of excessive heat. This urban heat island effect is fueled by rapid urbanization, extensive concrete and asphalt surfaces, and a shortage of green spaces. These factors collectively contribute to higher temperatures, which adversely impact the health, productivity, and overall quality of life for its residents.  The World Bank reports that from 1970 to 2013, the regions of Peninsular Malaysia, Sabah, and Sarawak witnessed a rise in surface mean temperatures ranging from 0.14°C to 0.25°C per decade  (World Bank Group & Asian Development Bank, 2021). 2. User Persona Name:  Siti Nurhaliza   Age:   28   Gender:   Female   Occupation:   Graphic Designer   Education:   Bachelor’s in Fine Arts   Marital Status:   Sin...