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.
The COVID-19 pandemic has accelerated the Digital Transformation trends. Savvy CIOs and CTOs that were an early adopter of public cloud computing technologies now have a significant strategic market lead over their competitors. Moreover, a few dominant IT platform providers continue to benefit from this trend.
Opening up and sharing information about corona virus allows the scientific and academic communities to test new strategies. The Open Government Alliance recommends sharing models used to tally cases and make projections. New Zealand has already shared data on the pandemic’s impact on trade.
The relationship between good leadership and employee engagement has been tested and strained over the past six months as businesses have been forced to adopt remote working practices due to the COVID-19 pandemic. “Employee engagement in the U.S. dropped from an all-time high of 38% in May to 31% in June, the most significant decline since it started tracking engagement in 2000.”
“Risk and oversight have been brought into sharp focus in this increasingly uncertain world, as leaders protect liquidity while considering the implications of difficult decisions and trade-offs on achieving this. Nine out of 10 surveyed think the pandemic will change how organizations balance risk and resilience.”
“In recent weeks, UpLink – a digital platform for surfacing and scaling innovations that could solve some of the world’s most pressing challenges – has been sourcing solutions that address the immediate impacts of the pandemic and its long-term consequences, which are much needed but yet often remain unidentified and unsupported.”
“The COVID-19 outbreak has created a period of high stress for individuals and companies alike. It’s also an opportunity to examine current business practices in order to increase long-term operational efficiency and competitiveness, as well as to innovate for the sake of surviving now and thriving later.”
“Many businesses hoped to reopen their workplaces after Labor Day, but a new survey of managers and executives suggests a long, uncertain road ahead. 35 percent say the timing of when their companies will reopen the workplace is unknown.”
“As schools reopen, teachers and administrators alike are looking at ways to redesign the education experience amid COVID-19. We dive into what the tech-enabled education of the future could look like.”
via CB Insights