Unlike the 1980s and 1990s, the speed of change today is transformative. The cause of this warp speed change: social technologies, according to a July 2012 study, “The Social Economy: Unlocking values and productivity through social technologies,” by the McKinsey Global Institute.
The study states that there are greater than 1.5 billion networking users globally and 80 percent of them regularly interact through social networks. Yet only 70 percent of businesses use social technologies, most on a limited basis. Of those ...Continue Reading →
Communications are becoming exponentially more complex and instantaneous with each passing day. In fact, information about an event such as an Olympic Gold Medal win in London reaches Beijing, Los Angeles, Sydney, Miami and Branson, Missouri simultaneously. There is zero time delay between continents as the information, good and bad, swiftly passes through the electronic communications universe and social media.
Some might say communication today is all about speed, perhaps even warp speed, but that is far from the truth when ...Continue Reading →
The new normal, if there is such a thing, is all about the workforce, the client and the consumer – they want to know you have their best interests at heart. They are bombarded daily with an information tsunami via electronic communications but the one thing they lack: personal connections.
It can be argued that they are always connected but the reality is they are constantly in contact but never connected. And, even their contacts are seldom long term. So for ...Continue Reading →
Running a business today with 15th Century tools is like driving a 1931 Model A Ford on the modern German Autobahn. Yes, the Model A is an automobile with wheels and a motor but it is not equipped to handle 21st Century demands for speed and peak performance.
Back in 1931, the Model A offered state-of-the-art features such as air conditioning with its front slant window that opened to cool passengers, an analog clock to help you get to your destination ...Continue Reading →