Remove Efficiency Remove Operations Remove Reference Remove Travel
article thumbnail

Sustainable Aviation: Emerging Trends and Opportunities

Tom Spencer

These include offsetting greenhouse gas production by purchasing carbon credits, investing in more efficient gas turbine engines, using sustainable aviation fuel, and manufacturing with novel materials and 3D printing methods. Sub-orbital travel, popularized in 2021 by Jeff Bezos, Richard Branson, and Elon Musk, is projected to become a $3.5

Trends 88
article thumbnail

Organizational structure for remote teams

Asamby Consulting

Nevertheless, remote work allows companies to reduce their costs such as rent, which leads to a positive impact towards the environment by reducing greenhouse gas emissions when employees no longer need to travel to work. A team-based structure is one in which a group of employees works together as a team.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why an Innovation Culture Matters

Organizational Talent Consulting

The financial and operational rewards for innovation are significant. Creativity and risk-taking are essential to overcoming challenges, but businesses often reward efficiency and avoid risk. improved operational productivity. Conclusion Organizations naturally reward efficiency thinking and avoiding risk. Cameron, K.

Culture 52
article thumbnail

3 Steps to Cultivate an Innovation Culture

Organizational Talent Consulting

The proven benefits of innovation include: increased competitive advantage improved operational productivity reduced costs and increased revenue improved commercial value enhanced problem-solving One modern innovation that is impressive to watch is SpaceX's reusable Falcon 9 (watch the video below). References: Beswick, C.,

Culture 52
article thumbnail

Healthcare Paradigm Shift: Emphasis on Outpatient Care

Tom Spencer

Reduced fixed costs: Outpatient facilities cost less to build than a hospital and, with no overnight stays and limited operations on the weekends, operational costs are lower as well. His free moments are spent traveling and enjoying sporting events with his wife and daughter. References: Robeznieks, Andis.

article thumbnail

Future of Healthcare: Virtual and Augmented Reality

Tom Spencer

Medical student education and resident training, patient therapy, and physician operations are three segments in healthcare with high growth potential for VR and AR technologies. 3 This was developed to provide better insights into how the heart operates and what happens when something goes wrong. . Images: Flickr , Flickr.

article thumbnail

The Lessons I Learned From Peter Drucker

Tom Spencer

In fact, he frequently referred to my uncle as “that ugly man” and (more than once) as an “unapologetic fascist.”. Ultimately, Drucker was a man who sought to make sense of a world caught between politics, society and culture operating within the framework of something else – the corporate structure.

Culture 60