article thumbnail

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
article thumbnail

Impact of Data Analytics in Consulting

Tom Spencer

This method is widely used online to accurately and efficiently target customers and sell customised products and services. The first company to identify emerging demand trends and tailor its operations to delivery can quickly establish itself as the go-to source for particular goods or services” ( EY, 2016 ).

Data 106
Insiders

Sign Up for our Newsletter

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

article thumbnail

Transformational Leadership: Changing Culture to Fuel Financial Success

Organizational Talent Consulting

The purpose includes creating value for customers, investing in employees, dealing fairly with suppliers, and supporting the communities where corporations operate. Leaders must be able to operate both within and upon the organization's culture. Modern leaders are asking, can organizational culture be changed?

Culture 52
article thumbnail

Cybersecurity 101: How to defend against cyber-attacks

Tom Spencer

Large organisations use technology to store data for accessibility and efficiency but because of this, can be brought to their knees and resort to using pen and paper after a deadly cyber-attack. All organisations should run on secure operating systems, at least Windows 10. So, why is data on devices prone to attack? Zero-day exploits.

How To 105
article thumbnail

Holiday Human-Capital Culling Could Cost

Harmonious Workplaces

Efficiency in Recruitment Processes: During the holiday season, if the competition follows the pack and pulls back its efforts to recruit or move full-steam ahead on layoffs, your job postings could stand out more and attract a higher quantity of high-quality applicants. References Indeed & Glassdoor. link] Sverke, M., Hellgren, J.,

article thumbnail

The Fight of The Two R’s: Robots v Redundancy

Tom Spencer

This has not only reduced the need for checkout operators but who now packs the bags? This begs the question, why do we favour productivity and efficiency if the new technology is simultaneously kicking workers out of jobs and diminishing the user experience? 2018, December 28). The individual scanning their groceries.

System 60
article thumbnail

Evolution of Mobile Peer-to-Peer Payments in the U.S.

Tom Spencer

Because these payments have kept up with the fast-paced, digital nature of society, mobile P2P payment solutions have skyrocketed in popularity and, by the end of 2018, were used by over 82.5 2018, www.wsj.com/articles/old-dogs-learn-new-tricks-in-payments-battle-1520847000?mod=article_inline&adobe_mc=MCMID=12522666342055493074538538903233244109|MCORGID=CB68E4BA55144CAA0A4C98A5%40AdobeOrg|TS=1586181365.

Banking 88