Category Archives: Global Business
#Technology and #Entrepreneurship: The Answer To The Recession?? [Infographic]
We are in a recession, no doubt about that and it is tough. However recession and a tough economy can bring out the entrepreneur spirit in many people. In tough times people are almost forced to step it up. Some of the greatest companies in the world were created during tough economic times. There are many, one of those companies is Apple, can you believe that?
Amazing stuff! It seems that due to our own economic downturn we could very well be in the middle of our own entrepreneurship boom and I think a lot of that is fueled by the super quick growth of technology. Take a look at the infographic below to give you an idea of where innovation is happening:
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#Cloud Computing & Smacking Down Old School Organizational Structures
I recently wrote about organizations with old school marketing departments and how they will be soon rendered useless. Well, I think I was less harsh with the phrasing, however you all know what I mean. Well, if you think beyond the Marketing Departments of these organizations you will realize that companies and organizations that have held on to an old school way of marketing are usually holding on to an old school way of doing business as well.
Old school organizational structures are a thing of the past. This is primarily due to the growth of technology, social media and companies becoming more global. As technology grows so does the mindset of employees and potential employees. This can present a challenge to organziations if they are running the company as they did in 1980. We will not even discuss companies that have not changed their way of operating since the 1960′s or before.
Times have changed, people have changed, technology has changed and companies have to adapt their business structure accordingly. Some technology changes that have had the biggest impact on workers are mobile technologies. These technologies allow workers to think outside of The CUBE. This means that options for talented employees will grow due to the ability to become more mobile with the growth of technology. Technology is allowing employees to think outside of their immediate commutable area because they are reaching the point in technology growth that they will no longer be limited by distance. Mobile technology is allowing this to happen right before our eyes. The advancement in computer technologies which has brought us Tablets and Smartphones has moved us that much closer to true mobility in workplace or workforce I should say.
Image via Wikipedia
Cloud computing is one of the final pieces of the puzzle that will allow employees to be totally mobile. This is HUGE for employees because it will allow them to unchain themselves from their cubicle. This is a great thing for employees that are thinking of expanding their opportunities. However this may present challenges to the old school organization that have not remained abreast of the growth in technologies.
Cloud computing will allow workplaces to essential remove the need to have a huge server/computer room which is currently used for maintaining data storage and integrity. Cloud computing allows this data to be stored in “The Cloud” which allows the information to be ready accessible by all with permission to utilize it. Can we say HUGE??
If companies are able to implement this properly it will allow employees to be cubicle-less and totally mobile. Although this is huge for employees because it would allow them the ability to work from home, work from the beach, work from a little bistro in Italy if they choose. This can also benefit employers as well.
Companies can view this as a negative as some old school organizations may, but it can be viewed as a positive for companies as well. As an organization that is receptive to change, has embraced new technologies, and a change in organizational structure this will give them the opportunity to scout talent beyond the local area. This means increasing the chances of implementing a more global employee base. The ability to grab the best and most talent employees from any location in the world will increase with the acceptance of Cloud Computing. Again, this is HUGE.
So ultimately everyone can view these technological advancements as a win win for all. Cloud Computing is a game changer to employees and employers. How we chose to view these changes will determine how we adapt moving forward as employees and employers.
As usual, I welcome comments, good, bad, ugly or indifferent. So feel free to leave a comment here, or catch me on Twitter, Facebook or Google+.
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Tablets, #Cloud Computing and #SemanticWeb Will Change How Organizations Do Business
Technology has touched practically every aspect or our lives, but has had the greatest impact on businesses and organizations. We cannot go a day without having contact with some form of technology, whether its laptops, mobile phones , tech gadgets or other forms of Internet Technology.
Organizations are really in a unique position as they can view the technology changes as a positive or a negative. One of the challenges to organizations is the rate at which technology is growing and implementing strategies to keep up with the changes. For individuals it is a bit easier, but for organizations adapting to the growth of technology it is a bit more complicated and I do not anticipate it becoming easier as time goes by.
A few things that will really change organizations in the very near future is Tablets, Cloud Computing and Semantic Web. These technologies will offer a workforce and workplace flexibility that we have never experienced before because these technologies will allow a lot more mobility.
Tablets are becoming really mainstream because they offer the ability to use technology anytime and anyplace. Tablets allow the mobility of a cellular phone but the capabilities of a traditional computer. As tablets expand with newer and more exciting bells and whistles the popularity will increase. When popularity of items increase they become more mainstream which can act to drive the price down. Soon everyone will have tablets and more organizations will be forced to adapt to tablet usage. This will be the beginning of a new kind of workplace that includes employees with the ability to be more mobile than ever before. This will change the employees perception of the workplace as well as how organizations function. Organizations will have to adapt to a much different structure based on the growth of a more mobile workforce.
Image via Wikipedia
Cloud Computing has the potential to be HUGE and when fully realized will turn the work place, as we know it upside down. In the earlier days of technology, when organizations incorporated technology by way of desktop computers, servers, storage and other computer technology was needed to take care of the large amounts of data stored. The growth of Cloud Computing eliminates the need for data storage located in onsite computer rooms by creating information storage in The Cloud. This too creates a huge opportunity for companies to implement a much more mobile workspace and workforce.
Semantic Web is something that is not in our immediate future but will definitely take technology to another level. With the growth of so many different technologies at such a super quick rate of speed we have become inundated with an abundance of data. All of this data is in different formats, are using different programs and applications so there are a lot of incompatibility issues. With the implementation of Semantic Web, data will be created and or recreated to be more compatible. So data will be created in a compatible way which would eventually allow the technologies to communicate, literally. That ROCKS!
So as individuals we can view all of these things as super cool and consider the implications that they will have to our personal technology and gadgets. However as an organization, this his huge and will definitely have a huge effect on how things are run now and in the future. So as business owners we must start to educate ourselves on some of these technolgies so that we will be ready to implement them WHEN the time comes.
The growth of technology is very exciting to individuals but can create challenges to organizations, education is the best way to prepare for coming changes.
As usual, I welcome any comments or questions, good, bad, ugly or indifferent. Feel free to comment here or catch me on Twitter or post directly on my Facebook and or Google+ Page.
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The World is Becoming a HUGE place, Time To Go Global
I wrote a blog post about moving companies into a global space. A huge part of my thought process was based on an amazing opportunity presented to move even the smallest company into a global space. The reason that it can be done is the growth of technology which allow us to effecitvely communicate, reach out and meet people from so many different countries. This is a definite opportunity that we did not have before the growth of technology.
Another reason to look beyond business expansion just within our local area is the growth of populations in some of the other countries around the world. We have grown in our ability to reach out to other countries based on technology and we have huge population growths in these countries as well. This gives us an opportunity to work with amazing and diverse populations by expanding globally.
Take a look below to see how much our populations are growing and in which countries they are growing the most.
Created by: Masters Degree Online
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The Benefits of Expanding Your Business Into A Global Market
The biggest change that has happened in the last fifteen years is the monumental growth in technology. This has played a huge role in changes for students, individuals and organizations. The most drastic change has happened within organizations, as they have had to adapt the entire organization to technological changes. Changes such as this can sometimes be quite a challenge, especially when things change at such a fast pace as the growth of technology within the past few years. .
Businesses and Business Managers can view these technology changes as obstacles or opportunities. These changes should be viewed as opportunities that will be both beneficial to current employees and the entire organization.
The evolution of change started about 15 years ago with the growth of technology.
Early Technology: Organizations were driven by less savvy technology which allowed for a very traditional workforce and did not offer much flexibility to embrace Global Expansion.
- Landlines
- Typewriters
- Fax Machines
Technology In the mid 1990’s: Set the path for moving toward embracing a global workforce. The introduction of more advanced technologies set us on the path toward a much more global workplace.
- Internet
- Web 1.0
- Cell phones
Present: Allows for the growth of a global workforce. The advancement of the following technologies put the mainstream workforce directly in the path to expand globally.
- Technology Growth
- Web 2.0
- Smart Phones
- Growth of Freelancers
Near Future: Will allow all to totally embrace a global world. Some of the more advance technologies that are in the works now will set us all on a path to the ability to become a totally global workforce.
- Cloud Computing
- Growth of Smart phones
- Growth of Table/Mobile Computing
- Semantic Web: Immersive technologies
As technology grows organizations have to grow with them and Business Managers are in a unique position to make this happen if they take the necessary steps needed to create and embrace change. With any new growth there will be challenges and benefits for all involved, including Business Managers.
Challenges:
- Technology Expansion
- Cultural Barriers
- Time Differences
Technology Expansion: The initial challenge that would have to be tackled is to ensure that we are, as an organization capable of handling the technology needed to expand into a global workplace. With a few additions to our technology and someone to oversee the changes there should be a smooth transition.
- Skype: Offers a way to communicate online with people from all over the world.
- Google+ Is a way for teams to communicate by using the popular Hangout teleconferencing feature.
- Smart phones that are equipped with Internet
- Laptops and or Tablets for mobile communication
Cultural Barriers: Sometimes cultural and language barriers can be an obstacle with expanding globally. This can be overcome with training and proper staffing.
Time Zone Differences: When dealing with states there has to be an ability to adapt to time zone differences. So when going global this will be a challenge as well. Time zone differences also can be overcome with proper planning and staff.
Benefits:
- Diversity in the workplace
- Global Employment Capabilities
- Expanding Global Reach
Diversity in the workplace: When we open the doors to different types of people, it brings a different perspective to projects. This is an essential function if we want to compete and excel in an increasingly global world.
Global Employment Capabilities: When we select to expand our global reach we really open the door to finding amazing talent beyond just our local area. We can add team members from any county in the world. That is HUGE.
When we select to bring in people from different countries and cultures, it offers a different perspective to our projects and environment. This could act to give a wide variety of unique, creative and diverse views within our organization. A fresh approach in business will give us a competitive edge and that is beneficial to organizational growth and increased sales.
Expanding Global Reach: When we expand our employment capabilities this allows us to expand our global reach. This is a direct result of the growth of technology, which allows us to reach beyond just our local tri-state area. We can now extend our organizational capabilities to many other areas. This could increase our company reach, expose our brand to new clients, increase sales and allow us to explore a totally different market.
Conclusion:
The world is an ever changing place and we are becoming a much more global world. It is very beneficial to embrace these changes for the greater good of current employees, future employees and the organization as a whole.
