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Future proofing your business

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Future proofing your Business was a presentation prepared for a Flying Solo webinar on April 29, 2015.

In it we looked at some of the factors affecting businesses today and how to harden themselves against technological change, shifting demographics and markets.

Some of the tech factors we looked included automation, cloud computing, the Internet of Things (IoT), autonomous vehicles and mobile apps.

The main point was that dealing with all of this requires a major mindset change and we need to be data literate in a digital world.

Published in: Business
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Future proofing your business

  1. 1. Future proofing your business Getting business ready for a decade of change
  2. 2. • PC and internet revolutions have changed business • Mobile • Accounting software as an example Where are we today?
  3. 3. • Today we’re on the cusp of great change like in 1915 How did we get here?
  4. 4. • algorithm • We still have the structures of the twentieth century • Management is changing • Data feeds Where next?
  5. 5. • 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?
  6. 6. • Uber • Changing demographics • Loss of fifty percent of law enforcement Driverless cars
  7. 7. • 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
  8. 8. Getting social
  9. 9. Barriers are falling
  10. 10. • 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
  11. 11. NOT business as usual
  12. 12. Contact me www.paulwallbank.com paul@paulwallbank.com @paulwallbank

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