Now showing items tagged business strategist
You’ve likely read the headlines regarding how many million jobs will be taken by robots, or what percentage of professions will disappear in the coming years. While some of these predictions are deliberately crafted for dramatic effect, they may well be close to the mark.
The most thorough and widely reported research looking at the potential of automation-led job losses in the coming years was conducted by researchers at Oxford University. These researchers found that as many as 47% of total United States employment had a ‘high risk of computerisation’ by the early 2030s — more than 64 million jobs in all.
Recent years have seen cryptocurrencies such as Bitcoin, Litecoin and Etherium attract enormous attention and fascination. Blockchain technology is complex, but the idea is simple. For the uninitiated or unaware, blockchain is a global distributed ledger or database running on millions of devices and open to anyone. On the blockchain, trust is established not by traditional intermediaries like banks, governments or technology companies, but through mass collaboration and clever code. Blockchains radically improve transparency thus ensuring integrity and trust between strangers.
As it gains more and more traction among individuals and investors, it is influencing real world money in significant ways.
Here are 3 ways blockchain is impacting our money.
The last couple of years have seen the entry of the next generation into the workforce. Gen Zs are a unique group – fiercely ambitious, values-driven and highly attuned to the digital world. Workplaces are increasingly needing to adjust to the new set of employee needs, interests and working styles that has arrived with this generation.
If you are hiring Gen Zs, here are 2 key attributes you need to know…
The last couple of years have seen the sharp rise of a very welcome idea: working less. With trends like working from home and the Great Resignation, our collective mentality towards work has undergone significant change. One of the ways we are now seeing this manifest is in the four-day workweek, which is increasingly looking like it’s here to stay.
Many of us assume the idea of a Monday to Friday working week is something that humans have always done – that it reflects some unspoken law about how the nature of work should be. And yet the notion of working five days per week is actually a relatively new concept. In fact, it was stonemasons in Melbourne, Australia, who were the first to achieve an eight-hour, five-day workweek back in 1856.
In years past, flying cars were the stuff of science fiction and fantasy. Developments of the last decade, however, are seeing the reality of this vision edge closer and closer. Unlike the fantasy and luxury imagined in our previous visions, the future of our driving cars serves practical purposes – cutting down commute times, enhancing efficiency and enabling contactless transactions.
In the office, it now seems the employer and employee simply want different things. The impasse between company and worker expectations around the future of the in-office work is a key factor driving what’s become known as ‘The Great Resignation.’ While there are some who dismiss this notion as an invention of HR and business consultants, the data does indicate that the latter stages of the COVID pandemic have seen a marked uptick in the number of employees quitting their jobs. In order to keep employees interested, businesses are having to change tactics.
Albert Einstein once suggested that if he had an hour to solve a problem and his life depended on it, he’d spend the first 55 minutes determining the best question to ask. ‘For once I know the proper question,’ he said, ‘I could solve the problem in less than 5 minutes.’
Good questions yield good answers. As pointed out by one of histories greatest geniuses, problem solving is largely dependent on the ability to ask the right questions. But beyond problem solving, good questions are irreplaceable tools in the art of persuasion. Where we are most inclined to bolster our own arguments, ideas or products with supporting facts, stats and data, often the best move is to ask a good question.
The 20th century model of learning has well and truly had its day. Time spent memorising, cramming, and silently listening to teachers lecturing is wasted in an age of accessible information and collaboration. Schools in the 21st century are quickly discovering the necessity of adjusting their teaching methods for an era that makes very different demands of the individual than the previous one.
We all consider ourselves to be fairly sound judges. When faced with problems or challenges, we tend to trust our judgements and rely on our estimations, believing that we are immune to the biases and mental manipulations that others experience. In a world of fake news, alternative facts and ever-increasing hostility between those of differing opinions, this belief in the superiority of our judgements poses some significant threats.
There are a range of cognitive patterns which we all believe we are immune to, but regularly experience all the same. Here are 3 you might recognise:
We all have our own story of dealing with friction. Hours spent on hold, inefficient systems and arbitrary rules all play a role in making many customer experiences unbearable. The only outcomes of systems such as these are higher costs, confusion and irritation.
For this reason, removing friction and pain points for customers should be at the top of the list of a business’s priorities. Friction relates to the things that make it hard to engage with a business or brand. While flashy slogans and clever advertising can work wonders in drawing customers in, the things that will keep them are well-designed, intuitive systems that make life easier, not harder. As obvious as this may be, businesses all too often neglect this need.