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.

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

2. • PC and internet revolutions have changed
business
• Mobile
• Accounting software as an example
Where are we today?

3. • Today we’re on the cusp of great
change like in 1915
How did we get here?

4. • algorithm
• We still have the structures of the twentieth
century
• Management is changing
• Data feeds
Where next?

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. • Uber
• Changing demographics
• Loss of fifty percent of law enforcement
Driverless cars

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. Getting social

9. Barriers are falling

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. NOT business as usual

12. Contact me
www.paulwallbank.com
paul@paulwallbank.com
@paulwallbank