According to the latest worldwide market study by Juniper Research, the value of transactions processed by smart checkout technologies, where the fixed checkout process is replaced by a friction-less model, will reach $387 billion in 2025 — that’s up from just $2 billion in 2020.
The COVID-19 pandemic has seen remote working become mainstream – but how do you manage a team when you’re not in the office together? Tools such as building trust, embracing different perspectives and revisiting a team’s purpose are all crucial in times of change. Here, leaders and experts share their advice for remote management.
“Flexible work is an essential component of the future of business, and it seems that it’s here to stay. 72% of CFOs believe that work flexibility will make their company better in the long run. This drives home the urgent need to bolster remote work capabilities — enabling employees to work from wherever they want, whenever they want.”
A new study finds companies have accelerated the digitization of their customer and supply-chain interactions and of their internal operations by three to four years. And the share of digital or digitally enabled products in their portfolios has accelerated by a shocking seven years.
COVID-19 has changed the way we work forever. In response to lock-downs, many companies moved their operations online, effectively allowing employees to work from anywhere in the world. The effect that this will have remains unknown, but it could enable a new wave of globalization.
“Many school systems are looking at hybrid solutions for learning this year, where part of the week or school day is completed online while part is completed in school. For this to work, schools’ online learning systems need to allow for seamless integration of in-person schooling, to make sure that students aren’t falling behind when online.”
via CB Insights
There is a great and unmet need for computer science education in schools so that students learn the skills necessary to excel in their future workplaces. All stakeholders express a desire for more and better computer science learning opportunities, suggesting that expanded programs could help prepare today’s students for the future economy.
Artificial intelligence and robotics are growing fast. Globally there are now 113 installed industrial robots per 10,000 employees in the manufacturing sector — that’s an increase from 74 just four years ago. South Korea leads, with 855 installed robots per 10,000 employees.
“93 percent of CEOs who had introduced upskilling programs said these programs increased productivity — they also helped attract and retain talent and helped deliver a resilient workforce. However, only 18 percent of CEOs who took the survey said they had invested in upskilling.”
If your current ‘team’ of employees are unprepared, well you’re not alone. Furthermore, many organizations are struggling to hire ‘quality talent’ as only 16 percent of new hires possess the needed skills for both their current role and the future, according to the latest worldwide market study by Gartner.