Future proofing your business

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Future proofing your business Getting business ready for a decade of change

Transcript of Future proofing your business

Page 1: Future proofing your business

Future proofing your businessGetting business ready for a decade of change

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• PC and internet revolutions have changed business

• Mobile• Accounting software as an example

Where are we today?

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• Today we’re on the cusp of great change like in 1915

How did we get here?

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• algorithm• We still have the structures of the twentieth

century• Management is changing• Data feeds

Where next?

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• Use windows cleaning robot• The internet of things• Big data• robotics• The Japanese response has been increased automation, so now

we’re seeing companies releasing new equipment that works autonomously.

• We thought machines would look like robots in Lost In Space.• Better than human – Kevin Kelly• Will a robot take your job? – Gary Marcus• Robots and robber barons – Paul Krugman• Myth of the jobless recovery – Matt Yglesias• The end of labor – Timothy Noah

What does the future look like?

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• Uber• Changing demographics• Loss of fifty percent of law enforcement

Driverless cars

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• Get mobile• Cut costs• Get on the cloud• Reduce debts• Focus on your markets• Understand how tech is changing your customers• Collaboration • Social• Payment systems• Sorting out payment platforms• Brad King – speaking• Africa ..Meshing together the tech

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Getting social

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Barriers are falling .

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• Big Data, big brother -- Described as a Buzzword tsunami

• we are going to have to deal with this.• Barriers to entry are falling• Cost • Margins• Debts• mindset

It’s not just tech changes

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NOT business as usual

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Contact me

[email protected]@paulwallbank