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Drones Help New Industries Take Flight

Tom Spencer

This post explores three areas where drones are currently being used, the data they generate, and how they are being used to increase efficiency and maximise profits. Drones are a useful tool for farmers, and the agricultural drone market is expected to be worth $1 billion by 2024 ( Margaritoff, 2018 ). Agriculture.

Industry 104
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The Hidden Costs of Initial Coin Offerings

Harvard Business

More recently, it has gained attention as a way to finance new ventures, through what is known as an Initial Coin Offering (ICO). Less noticed, though, is ICOs appear almost antithetical to the standard approach to financing a risky venture. In fact, ICOs have upended the conventional pattern of staged experimentation and fundraising.

Finance 28
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How Amazon’s Higher Wages Could Increase Productivity

Harvard Business

They’re not the first company to make a decision like this — most notably, Walmart set a minimum wage of $11 earlier in 2018 — and we hope others come to realize that paying workers more can be a matter of enlightened self-interest. But there is an important — and often overlooked — second effect.

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Every Organizational Function Needs to Work on Digital Transformation - SPONSOR CONTENT FROM GARTNER

Harvard Business

Digital business reached a tipping point in 2018 as organizations scaled their digital capabilities. Especially without strategic clarity, employees are unsure if they should focus on speed or quality, efficiency or innovation, for example. Transform Your Digital Future with Gartner’s Top C-Suite Insights for 2018-19.

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A Blueprint for Digital Companies’ Financial Reporting

Harvard Business

On June 25, 2018, Facebook lost market capitalization of more than $100 billion in just two hours of trading after it announced its quarterly performance, despite exceeding analysts’ earnings forecasts. Digital companies must be performing such assessments in-house to reward their sales and marketing staff.

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Transformational Leadership: Changing Culture to Fuel Financial Success

Organizational Talent Consulting

Company cultures centered on efficiency thinking have flooded the marketplace with low-cost, widely available products and resulted in tremendous waste and social issues (Brown, 2009). As companies continue to expand into new markets, the makeup of the workforce in our companies and communities served is becoming more diverse.

Culture 52
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What are the potential risks of digital currency?

Tom Spencer

Centralization of goods markets. Large investors can materially impact Bitcoin’s price because it has a small market capitalization and less than 1% of Bitcoin addresses own more than 90% of all Bitcoin. In 2017, initial coin offerings (ICOs) were also banned in China as a form of “public financing without approval”.

Banking 88