Share to Twitter Share to Linkedin Founder of TalentService.com , and the advisor of Stanford's R&D project "Future Talents." Currently, 58% of companies use HR technology to find, attract and retain top talent. Human resources tech was already well on its way toward new developments pre-pandemic, but Covid-19 accelerated the entire sector dramatically. The most recent projections say the HR software market is expected to exceed $10 billion this year, a 10.4% CAGR for the sector as a whole. However, it's worth noting that this growth will bring a major shift in trends. Companies will be looking for newer, better ways to implement this technology. The State Of HR Today Before we look at predictions for the future of HR tech, let's discuss the state of the market as it currently is. A recent survey found that 44% of HR departments currently use cloud technology for increased productivity and efficiency, and 35% rely on it … [Read more...] about Three HR Tech Trends To Follow In The Near Future
Reveals tech industry set to surge 76 000
Sustainability In The Manufacturing Industry Is A Work In Process
Share to Twitter Share to Linkedin EVP, Industry Principal at Logility . Digitally transforming multi-tier supply chains through digital twins, AI and advanced analytics. Process manufacturers are under pressure. Growing pressure, in fact. (For our purposes, process includes companies in the rolled goods, woven goods, packaging, extrusion/injection molding and specialty chemical sectors.) In addition to the perennial challenges of shrinking margins, spikes in raw material costs, capacity fluctuations and supply chain disruptions, the industry is grappling with another set of issues centered on sustainability. According to the U.S. Environmental Protection Agency , sustainable manufacturing is defined as “the creation of manufactured products through economically sound processes that minimize negative environmental impacts while conserving energy and natural resources.” Why target the process industry? The answer is straightforward: its … [Read more...] about Sustainability In The Manufacturing Industry Is A Work In Process
Global firms remain upbeat about Indonesia’s digital economy
Sebastian Partogi (The Jakarta Post) Jakarta ● Thu, December 3, 2020 2020-12-03 17:41 533 d66dcbf21949a93b498053ceec3c4812 1 Science & Tech Tokopedia,Indonesian-economy,foreign-direct-investment,e-commerce Free You might have heard the bad news already: Indonesia’s economy has just entered its first recession since the 1998 Asian financial crisis, bringing two decades of economic expansion to an end as the coronavirus pandemic has caused a sharp economic slowdown, throwing millions into poverty and out of jobs. Economically speaking, a recession is defined as contractions in two consecutive quarters, causing a significant decline in economic activity to spread across the economy, resulting in fewer jobs, people earning and spending less, as well as businesses grinding their expansions to a halt or even ceasing their operations altogether. As a result of the pandemic, the Indonesian economy shrank 3.49 percent in the third quarter after contracting … [Read more...] about Global firms remain upbeat about Indonesia’s digital economy
Recruitment Alone Isn’t Going To Bridge Marketing’s Digital Skills Gap
Share to Twitter Share to Linkedin Co-founder and CEO of Adverity . Companies have stared bleakly into the digital skills void for some time, with data chasms looking especially vast. In 2015, it was estimated there would only be enough data scientists to meet half of the global demand within a few years. By 2019, 90% of executives in all sectors were facing gaps, and 43% cited data analytics as their biggest skills problem. According to the latest studies, almost 7 in 10 firms worldwide are struggling to fill vacancies—the highest rate in 15 years. While ongoing challenges run across industries and departments, issues are most concerning in teams where shrewd data use is essential to drive important, far-reaching decisions. Of course, we’re talking about marketing; however, the choices marketers make have an enormous influence on the ultimate success of any company. So, given recent findings that marketer data proficiency is low , such … [Read more...] about Recruitment Alone Isn’t Going To Bridge Marketing’s Digital Skills Gap
How This Wine Lover Spotted a Market Gap and Turned It Into a Million-Dollar Business
Erica Davis, 37, knew early on that she wanted to be a business owner. Entrepreneurship runs in her family : Her mother owns Carolyn's Creole Kitchen, a catering business, and her real estate agent grandmother owned a laundromat and purchased several homes on one block so that her children could all live in the same neighborhood. "Being an entrepreneur was always in my career path. It was just about me getting the building blocks that I knew I needed to start a successful business. Everything I've done was strategic to get me to where I am right now," says Davis, who currently runs The Sip, an Oakland, California-based wine tasting subscription service. After graduating from the University of San Francisco with a business degree, Davis was accepted into Gap's nine-month Rotational Management Program, which gives participants interdisciplinary leadership training and hands-on lessons in inventory management, merchandising, and customer engagement. "They call it the … [Read more...] about How This Wine Lover Spotted a Market Gap and Turned It Into a Million-Dollar Business
Unlocking The Power Of Data: Making Better Business Decisions
Share to Twitter Share to Linkedin The key to better decision making is data. Effective leaders rely on data to make informed decisions and drive meaningful outcomes for their organizations. However, the process of unlocking data-driven insights is no small feat. Data doesn’t belong to individual departments—it’s an asset that benefits the entire organization. Advanced analytics requires the ability to access, manage, and combine data that’s stored in silos across the organization. As a result, multiple data formats and governance controls limit the accessibility and shareability of valuable information. Making better decisions means unifying data in a secure and well-governed way. Business leaders need to break down data silos, making all data securely available for analysis, regardless of where it lives in the organization. To make the most of data, organizations also need tools that empower individuals across the organization to interpret and … [Read more...] about Unlocking The Power Of Data: Making Better Business Decisions