Technology changes the way we interact with each other. We often talk about it in an obvious way, looking at workflows and process and pipelines, at policies and data. There is a whole other lens of deeply influential behaviour to look at, however; the way we’re living intersects with technology and is changed by it.
The fact is, Britain has a productivity problem.
It seems like barely a day goes by without a new cybersecurity breach hitting the news. That’s not just some vague notion, either. The risks are very real.
The press loves to tell business leaders that they’re lagging behind: that if they don’t jump on the next bandwagon, our hard-built operations will be cast on the scrapheap of history.
Big data is still big news. The likes of Google, Facebook and Microsoft, with its acquisition of LinkedIn, are undertaking digital land grabs to hoover up large quantities of data, be it medical or social, to feed their need for information. With these companies building millions of data points to nourish their machine-learning algorithms, what does big data now mean for the rest of us?
As a leader, are you regularly challenging, engaging, exciting and inspiring the people around you? Perhaps it’s time to take a step back and refresh your thinking so you can grow into the future.
Marcus Child has had a powerful impact on the people and the performance of many well-known businesses over the past 18 years. He inspires confidence, wholeheartedness and courage, and has built up an impressive reputation for helping thousands of employees of hundreds of organisations embrace change positively and successfully. One of Vistage's most popular and highly rated speakers, Marcus will push you to dream big and achieve more.
Facebook surprised the world in July 2014 by paying $2 billion for Oculus, a start-up that has taken virtual reality from a futuristic dream to a practical technology. The move was a shrewd one; Facebook is betting that it will change the way we consume media. Virtual reality technology has improved exponentially in the last 18 months and is finally living up to its promise of genuinely immersive experiences. In fact, it's already changing the way marketing is done.
Virtual reality is simple. First, grab a headset – they look like a ski visor welded to a Stormtrooper mask. Press a button and you’ll find yourself in hyper-realistic 3D environments, from futurist malls to ancient plains populated with dinosaurs to enormous movie theatres. The experience truly is like being there – you will forget you’re still in the office.
One business trend that is guaranteed to gain traction in 2016 is data security – with the recent spate of cyber attacks on high-profile targets such as TalkTalk, V-Tech and Ashley Madison forcing many business owners to re-think their online security strategies.
Witnessing the devastating effects of these criminal acts through mass media highlights just how important data security has become to 21st Century businesses. The BBC reported that the TalkTalk hack could end up costing the network provider up to £35 million in one-off costs. These additional costs include covering the response to the incident, additional IT and security infrastructure, increased calls to the call centre and, of course, lost revenue due to the inevitable fall in consumer confidence.
While it’s easy to think this will never happen to your business, it pays to be prepared – and as the head of your business, the responsibility for keeping your team security savvy lies with you.
Elearning has opened up a world of new opportunities for colleagues at every level of your organisation. By enabling individuals to access course materials remotely and by removing the need to physically attend classes, they have made studying a much more convenient option, especially for those who are working full or part-time and who want to focus on professional development.
However, there is a knack to getting the most from these web-based learning programmes. So, if you, or members of your team are about to start a course like this, it’s worth paying attention to the following tips.