The Fundamentals of Clout: Volume 2 - Communication Tips For A New World: Unplug, Turnoff, & Tune In
Deployment of resources within data centers can still take days, weeks, or even months in our virtualized world. Moving workloads between disparate cloud providers still proves to be problematic at best and impossible at worst. And too often, cloud approaches get boiled down to lowering the total cost of ownership of individual servers or virtual machines, rather than laying a foundation for innovation. But rest assured -- the future is bright, and the cloud offers the federal government immense adaptability, agility, and efficiencies.
It all depends on how federal IT administrators choose to view the cloud, and the steps they take to implement a cloud strategy. From financial fraud to child pornography, crime-fighting agencies increasingly rely on other organizations' data to get the job done.
In a "growing and unsecure" cyber ecosystem, agencies need to share data quickly and effectively with partner organizations, he said at IBM's Government Analytics Forum on May 5. Jamie Holt, cybercrime unit chief at Immigration and Customs Enforcement's Homeland Security Investigations, said outside tools proved crucial in Project VIC, an ambitious initiative to tackle child pornography. After seizing 6 petabytes of data in -- the equivalent of 77 years of high-definition video -- Holt's 6, agents faced the daunting challenge of combing through all that evidence.
HSI ameliorated the backlog with a tool that could pull out previously identified images, thereby cutting a nine-month review backlog down to one month and reducing the number of times agents had to view graphic images of abuse, Holt said. Even with a better internal data-wrangling scheme, HSI still needs international help because abusers are often in one country, victims in another and servers storing child pornography in a third, Holt added. Broad cooperation is also crucial for dealing with financial crimes.
Kenn Kern, chief of staff of the Investigation Division at the New York County District Attorney's Office, said his office doesn't have immediate access to every American's personal data as some people suspect. He said he can't access federal data without court orders, and he wouldn't want to. Vijay D'Souza, director of the Government Accountability Office's Center for Enhanced Analytics, said fraudsters aren't always linked to all their crimes because one jurisdiction uses their full name in records while another relies on initials.
Establishing information-sharing agreements among agencies to reduce lag times and standardize data formats is a must, he added. Linking criminals to their activities is especially tricky internationally, but Kern said it is crucial. Trying to fight financial crime without quick, effective data transfers between London and New York is a fool's errand, he added.
For Holt, integration is the name of the game -- between organizations and tools alike. Interoperable tools and data are the key to giving law enforcement a clear picture of threats and crimes in an ever-swelling mountain of data, Holt added. It is not so convincing how the developed world looks at the rest of the hemisphere with the same attitude of equality and control.
On one hand there are voices of equality where as in the other there is greed of power and control that lures them with an unending fight of power vs power in safeguarding their own survival. From the participation and development of policies to running the concept of any kind of technology platform, the sense of control and collaboration that catalyzes and leads the overall process.
It pushes the developing world aside in saying we have second rights to technology and other aspect of internet development process. May be an abrupt thought but most of us coming down from the third world scenario or developing country feels different about what technology is all about. I think it does not matter in its use and operation but when it comes to internet development process, then and there we feel reserved as there seems to be a big discrimination of understanding technology and its policy from unilateral side.
If you look at the whole internet evolution process, there seems to be a certain role and possibilities of investment done and catered by few of the developed nations. Moving down the line the growth and popularity of internet succeeded because of its freedom of choice and adaptation ability that focused more towards the issue of cooperation and coordination by the entire community and people. The dynamics of internet created its own opportunity which doesn't needed any explanation but why the developed nations are trying to control and create a mechanism of containing it, is simply a question of amazement?
From mass surveillance to the issues of cyber terrorism and warfare and censorship things are not only getting out of control but it has adopted and characterized the new development as its part of its development process. Why are we scared and of what? With such insecurities, the development of internet is moving toward the faster age of Information and communication where its externalities are further coming up with prominent features and capacity.
Similarly, the WikiLeaks is yet another example that showcases the weakness of not the evolution of the internet process but highlights the weakness of the developed nation in procrastinating the superiority complex. Likewise, today the Internet is moving towards creating a history where it will be connecting the next billion of 4 billion by the end of this year. But when it comes down to digital equity, still today there are various aspect of differences that discriminate people at regional and national level for their basic rights and privacy.
Where are we and what are we doing about it? Though there are basic standards that defines internet as the basic right of every individual but when it comes down to practice even at surface level there no existence of cooperation. My Question is why this discrimination and what are we doing to ensure my digital rights coming down at an individual level from Asia or Africa.
We need grassroots level interventions of creating the possibilities and bridging the gaps. Is the scope and role of such organizations just limited to reports and big fancy meetings where action challenges the reality? Or is it the numbers of participation that is catered in the name of Multistakeholderism that satisfies the whole responsibility? Still today internet has not been able to standardize in terms of access, cost, quality and rights.
There is a huge gap of understanding. Why and how this gap can be shortened and further internet can be developed a as tool of development and humanity? Who is responsible? The long practice of favoritism and nepotism are still seen in big Internet conferences like IGF and ICANN meeting where still today the nominations are based on recommendations and power.
The big platform have reservation of Big developed nation in terms of decision making roles and leadership where developing and least developed nations have been shadowed. Though the concept of Multistakeholderism has been adopted, it radically differentiates in terms of finding its own meaning and interpretation. Multistakeholderism in absence of practice apprehends like a bait that lures us to be part of the whole digital ecosystem but gives us no voice in shouting out the real issues.
We are limited within a cocoon where the developed nation leads and governs in majority in view of the technical community's recommendation. The so called practice may give voices to very few nations but what about the rest? Who is going to represent them? For example Asia is one of the most booming economies where there are many smaller economies. At minute level, they operate and they have their own status. Just by giving opportunity to one nation the whole continent cannot be represented, so what are we doing about it? We have to initiate and change one nation at time and it's a must.
It is not impossible but we need to think beyond the box. Whether you take about cyber security or latest technology or individual rights, there is so much of discrimination in understanding the whole process of adaptation and cooperation. Even the process of standardization would have variants of possibilities while in action at regional and nation level. Conflict of interest plays a huge role while, cooperation and coordination is not a full proper solution for the internet politics that goes on in selecting the one with the voice and neglecting the one who is silent is certainly discouraging the interest.
Internet as a community of development is only possible when we secure the right of every individual and create a uniform level of cooperation and understanding. Though various aspect of Multistakeholderism and collaborative leadership has been pushed, when it comes to giving recognition and leadership, the developed world fails to acknowledge reality limiting us to an option of adjustment.
We have the voice and we have the energy but do we have the choice? Please do not give us the limited opportunities in fighting for the options as we are aware of how the internet politics work. The politics that goes behind the scene are not just limited in terms of appointment and funding options, but it goes on even in the rights to voice and communicate where the developed countries have been given the role of leadership and we have been suppressed of listening and following the rest.
Digital equality is a must, not just in terms of words but in practice, to ensure all individuals from a developing, to a least developed country, voice their part of the story. You cannot show a blind man the road but you can give him the choice to follow the direction. Just like that we need great leadership with better attitude who can entertain better politics with better scope and role to develop internet as a tool of humanity for betterment. More blog posts from Shreedeep Rayamajhi can also be read here.
The Commission has today published two reports as part of its preparatory work to create a Digital Single Market. The first one is related to the public consultation on the review of the EU Satellite and Cable Directive Full report. The objectives of the consultation were to collect views on how stakeholders evaluate the requirements of the Directive and on the possibility of extending some of its principles in light of market and technological developments as well as online practices.
The Commission will take account of the results of the public consultation in its ongoing work to facilitate cross-border access to content in the EU. The second report published today covers the public consultation on the technical measures related to the end of roaming charges in the EU. A few days after a new decrease in roaming charges, the Commission is fully working on the preparation of the end of roaming charges set for June The results of the public consultation will notably contribute to the review of wholesale markets i.
Vice-President Ansip, in charge of the Digital Single Market, and Commissioner Oettinger, in charge of the Digital Economy and Society, said: "We have now analysed almost all the contributions to the public consultations that we have launched under the Digital Single Market Strategy. One year after we presented our plans, we are on the right track to translate them into concrete proposals.
Our next set of initiatives should be on the table at the end of the month. They will boost e-commerce in the EU and contribute to creating the rights conditions for a thriving digital economy and society, with modern rules for audiovisual media and policy directions in the area of online platforms". China will change the tax rules on online retail goods from April 8 to level the playing field for e-commerce platforms and traditional retailers and importers. Retail goods purchased online will no longer be classified as "parcels," which enjoy a "parcel tax" rate, lower than that on other imported goods.
Instead, online purchases from overseas will be charged in the same way as any other imported goods, the Ministry of Finance MOF announced on Thursday.
Mobile Learning: Latest Data, Stats and Trends
It is unfair to conventional importers and domestic producers," said Zhang Bin of the Chinese Academy of Social Sciences. China levies parcel tax on imported goods worth less than 1, yuan U. Taxes under 50 yuan are waived. As demand for overseas goods grows, online purchasing agents have taken advantage of parcel tax and used new methods such as repackaging and mailing products separately to avoid tax.
The new policy only allows a maximum of 2, yuan per single cross-border transaction and a maximum of 20, yuan per person per year. Goods that exceed these limits will be levied the full tax for general trade, the MOF said. According to a survey by Amazon China on online imports, most buyers are under 35 and around 90 percent have a college education.
More than half earn more than 5, yuan per month. The new policy will speed up customs clearance so consumers will receive most orders from overseas within two weeks, instead of the current two months. Cross-border e-commerce has been booming in China. The country plans to set up more cross-border e-commerce pilot zones to attract businesses, create jobs and nurture new business models that will boost foreign trade and stimulate the economy, the State Council announced in January.
The expansion of the pilot zones came at a time when the country is facing sluggish foreign trade. Total export and import value for decreased 7 percent year on year, falling for the first time in six years. The Ministry of Commerce predicted the volume of cross-border e-commerce in will reach 6. China 's draft Internet regulation on domain names, the addresses used to navigate the Web, will not affect foreign companies' normal business in China , the top industry regulator said on Wednesday.
Companies accessing network outside of the country will not be affected," the Ministry of Industry and Information Technology said in a statement. The remarks came after the industry regulator published the draft regulation last week, which asked Internet service providers to block access to websites whose domain names are registered outside China. And it will not affect foreign companies' normal daily operations in China ," the statement said. The rule, which is open to public feedback until April 25, comes amid growing concern over national security in China.
It is the government's latest effort to reduce threats toward national security and consumers by cutting access to "dangerous" websites registered overseas, analysts said. Charlie Dai, principal analyst at Forrester Research Inc, said the statement failed to address the key issue of whether the new rule will apply to foreign websites both accessible in China and having their servers physically located there.
Currently, a string of foreign tech giants such as Microsoft Corp and Apple Inc, as well as homegrown Internet companies Baidu Inc and Alibaba Group Holding Ltd, registered their domain names in other countries. Foreign domain names are of greater appeal to Internet companies than Chinese versions, as the former are cheaper, more stable and have global availability, Dai added. The draft regulation comes as terrorist groups and other illegal organizations are leveraging the Internet to spread their ideas and maximize their clout.
Long Weilian, a famous tech blogger in China , said the new rule is intended to reduce threats toward consumers and enterprises, as well as boost the use of Chinese domain names. Companies can transfer their domain names from foreign registration service providers to domestic ones within a day," Long said. A commentary in Saturday's People's Daily has defended China 's regulation of online content as lawful and necessary. Where there is cyberspace, there is rule of law," said the article in the newspaper.
Multiple opinions can be allowed in cyberspace, but netizens must not stir up enmity, distort facts or encourage criminality, it said. Echoing Xi's remarks, the commentary warned that without rule of law, the Internet would be riddled with rumors and scams, saying these are especially harmful to young Internet users. The People's Daily said enterprises, website operators, online stores, social platforms and search engines, as well as the Communist Party of China and the government, must shoulder their responsibilities for cyberspace management.
After that, the draft e-commerce law will be presented to the NPC Standing Committee for further reading, Uzhitu said. New tariff policy for cross-border e-commerce may see some new adjustments, which are scheduled to be unveiled in near term, the Shanghai Securities News reported on Tuesday. The adjustments suggested that the new rules should be postponed for one year. During the one-year transition period, cross-border retailers could make preparation for new regulation. This comes just one month after China ushered in a new tax policy that requires products bought on cross border e-commerce platforms to be subject to import tariffs.
In fact, it's the third adjustments for the new restrictions on online imports.
Asia-Pacific city Informatization Bulltine
Earlier, authorities did some fine-tuning in the policy of importing goods for the first time, then, the second batch of "positive list" was unveiled to cover more commodities. Between Thursday and Saturday, several ministries and other authorities, including the Ministry of Commerce, the General Administration of Customs, and the Ministry of Finance, did some intensive research on the effect of the new policy, and solicited opinions from some online retail websites such as Tmall Global, Jumei. During the meeting, authorities made clear that the nation will support cross-border e-commerce, with focus on B2B and exports.
However, it doesn't mean the development of B 2C will be restricted. A person who attended the meeting held in Henan Friday told Shanghai Securities News that representatives from several cross-border online shopping platforms hope the new rules could be delayed for a while, and the country should define a new trade management category for cross-border e-commerce. They also hoped that during the implementation of the new policy, a "positive list" can stand for an entry license, and cancel customs clearance certificates.
The adoption of transition period is within expectation, said Zhang Li, deputy director of e-commerce research department under the Ministry of Commerce. New policy for cross-border e-businesses was adopted too hastily, and the country should take a soft measure and give enterprise some time to adapt it, Zhang added. China will boost growth of the artificial intelligence AI sector in the next three years, said a statement issued by the National Development and Reform Commission on Monday. By , China shall build platforms for fundamental AI resources and innovation and make breakthroughs on basic core technology, said the three-year implementation program for "Internet Plus" AI.
The country shall be in line with global AI technology and industries by , it said. The program will involve key projects such as intelligent home appliances, smart automobiles, intelligent wearable devices and robots. Government departments shall map out supportive fiscal policies for the sector and boost international cooperation, it said. China has been promoting the robotics industry as it strives to upgrade its manufacturing sector and address labor shortage. Last year, China announced the "Internet Plus" initiative to enable more businesses to take advantage of the Internet.
Also last year, China unveiled the "Made in China " blueprint, which aims to improve manufacturing and shift the country away from low-end manufacturing to more value-added production. It is also hastily mapping out measures to cope with the issue of children on waiting lists for nursery schools, which is currently embroiled in controversy triggered by an anonymous blog post.
We want to deal with the issue with keen awareness, such as securing employees for these facilities by improving their working conditions. About people participated in the fourth and final event on Saturday. The government and the ruling parties intend to discuss policies in earnest that will be included in the plan.
Abe expressed his desire to realize equal pay for equal work, a concept in which individuals doing the same kind of work should receive the same pay regardless of whether they are regular or non-regular workers. Abe intends to establish that principle as a pillar of the plan. The largest opposition Democratic Party of Japan has made the income disparity issue a point of contention in the upper house election. Japan must die. The government has started to devise the measures under the leadership of Deputy Chief Cabinet Secretary Koichi Hagiuda. The government intends to come up with the measures by the end of April, before the plan is officially formulated in May.
The LDP and coalition partner Komeito each plan to set up a project team and propose measures to the government. The government intends to disclose information on stocks and bonds owned by the Government Pension Investment Fund GPIF , which manages pension reserves, and other information after a certain period of time. Currently, the GPIF delegates investment management to trust banks and other organizations.
The latest decision on information disclosure is intended to dispel public concern over arbitrary management of pension assets and other matters, according to sources. The government submitted bills to the current Diet session to revise relevant laws, and revise as early as a Health, Labor and Welfare Ministry ordinance to specify the contents to be disclosed, the sources said.
In a bill to revise the law governing the GPIF, the government reportedly plans to create a new provision that requires the GPIF to create documents containing the information specified by the welfare ministry ordinance and to disclose the documents. It collectively submitted bills to revise related laws, including the law concerning the GPIF, to the current Diet session. If the revision bills are passed into law, a provision that makes it mandatory for the GPIF to disclose such information as trades in individual stocks and bonds, and their current aggregate value will be added to the ministry ordinance, the sources said.
Regarding the content to be disclosed, as well as the timing and specific means of disclosure, the ministry will make final decisions based on discussions at the pension committee of the Social Security Council, an advisory body to the health, labor and welfare minister, according to the sources.
The move to promote information disclosure was prompted by growing distrust over how pension premiums collected from people are invested, observers said. Actual investment management, such as the choice of equities to be bought and sold, is delegated to outside bodies. However, they have been affected by such factors as falling stock prices since January , and there is growing distrust among the public over the management of pension reserves, including their investment in stocks and other assets.
The government judged it would be necessary to disclose information to restore trust, according to the sources. Public interest in the investment management of pension reserves has been growing, so it is natural that the government decided to disclose information. There has been much misguided criticism in the Diet among opposition parties, including that companies close to the government will be supported because their shares will be purchased by the GPIF.
Ensuring transparency will help dispel suspicions about arbitrary management of pension reserves. With regard to the latest decision on information disclosure, some feel it would be strategic to allow the GPIF to directly decide on its own how pension reserves should be invested. However, if it starts trading equities and bonds on its own, it will become necessary to disclose relevant information. The government and the ruling parties intend to review the pros and cons of the matter as early as They will surely be required to make a careful decision.
The draft stipulates that wages need to be raised to secure human resources for child care and nursing care, and that equal pay for equal work should be realized so that wage levels do not differ unfairly due to employment status. After the ruling parties examine the draft, the government aims to obtain Cabinet approval of the plan on May Regarding day care center waiting lists, the draft plan stipulates that the wage levels for nursery staff will be effectively hiked by 2 percent.
The wage gap between highly skilled, experienced nursery staffers and female workers in other jobs will be narrowed. The government aims to clarify criteria regarding whether the differences in working conditions between regular and nonregular workers are unreasonable, and encourage companies to correct any such differences. Korea's ICT ministry said Wednesday it has decided to put off a project to launch another mobile carrier in the country, after its previous attempts made no headway due to lack of financially qualified bidders.
The government's attempt is in line with its efforts to add more competition and bring down network subscription fees, which can benefit consumers. There were no winners, as the ministry said all candidates "lacked credibility and viability for their fund-raising plans. MVNOs refer to mobile service providers that rent networks from the country's three carriers. As this can reduce the cost of managing networks, the firms usually sell budget subscription plans through low-end smartphones. SK Telecom currently dominates Korea 's mobile network market, holding around 50 percent, followed by KT with around 30 percent and LG Uplus with 20 percent.
The Daejeon-based research institute, known for holding the most U. The two draft standards are related to the scope of health care resources and size of health care devices, respectively. The ETRI said it will complete the development of the draft standards by May and then release them as an open source platform, enabling developers to download them and apply them to wearable devices or other applied products they manufacture. The institute expects the standards will also facilitate the development of other international standards for IoT devices and applied products regarding health care services.
The Korean government made these proposals as a way to bolster cooperation at the Conference of the Ministers Responsible for Information and Related Meetings that took place on March 17 in Cebu, the Philippines. Both delegations hoped to expand cooperation not only on the journalism sector, but also on broader sectors, including media, information and broadcasting.
The city of Daegu has been chosen as the pilot city to test-drive a city-wide implementation of the Internet of Things IoT. This ties in with the city's efforts to cultivate its startup businesses. The pilot city will be a zone free of IoT regulations, and the Daegu government will be in charge of providing administrative and financial support to the region's startup businesses.
Samsung Electronics will provide equipment related to the IoT and the open network infrastructure, and will lend its support to technical development by sharing intellectual property rights pertaining to the IoT. SK Telecom will supply the telecommunications infrastructure and offer its expertise in energy efficiency, cloud computing and big data, and IoT solutions. In preparation for the pilot project, the company is setting up a specialized IoT open network that covers the entirety of the Daegu metropolitan area, to be completed by May An open lab where new services can be developed and verified is also in the works.
Kwon Young-jin, mayor of the Daegu Metropolitan City government, said, " Daegu City has been given an opportunity to become the center of the IT industry. We will be providing full administrative and financial support so that we can emerge as the new incubator for startup businesses. The "strategic" panel, headed by President Park Geun-hye, will serve as a "control tower" and a "trouble shooter" for Korea 's overall science and technology policy, said the Ministry of Science, ICT and Future Planning. Park presided over the inaugural session of the council at her office Cheong Wa Dae, attended by 19 other standing members of the panel and 21 top government officials, including Prime Minister Hwang Kyo-ahn.
Korea spent 4.
The Indonesian government has finally released a regulation requiring foreign over the top OTT mobile service providers to acquire licences in the country. The new announcement, which will be followed by a ministrial regulation in the near future, is aimed at protecting and encouraging the development of local OTT internet applications. In a statement, the Minister of Communications and Information Technology Rudiantara said foreign service providers will have to register as a local entity with sole ownership or establish a joint-venture with local partners.
This means giant tech companies like Google, Facebook, and Twitter could be forced to procure additional investments. Previously Rudiantara had said the government intended to resolve the international OTT players first before the locally owned OTTs citing a commitment to equality. In response to the new regulation, Product Manager Maulana Muhammad of ruangguru. It has been operating since With the largest economy in Southeast Asia , Indonesia is currently dominated by international OTT applications like Twitter and Facebook, with as many as 40 million accounts of Indonesians on Twitter.
Singapore has rolled out a new design masterplan, which sets out 15 recommendations under five strategic thrusts, to promote the city-state towards a thriving innovation-driven economy, according to a press release by the Ministry of Communications and Information MCI on Thursday. The vision of Design is for Singapore to be a thriving innovation- driven economy and a loveable city by design, according to MCI. Design is an important driver of innovation and value creation for businesses and society.
It can also add vibrancy and richness to our national identity," said Beh Swan Gin, chairman of the Design Masterplan Committee. Design has set out 15 recommendations under five strategic thrusts. The first thrust aims to nurture design as a national competency to prepare the next generation of Singapore 's workforce for the future economy. It also seeks to develop a multi- disciplinary, industry-ready design workforce that will excel at a higher level of practice. The second focuses on promoting the adoption of design and strengthening the design capabilities of businesses and the public sector.
The purpose of the third thrust is to help design firms in Singapore grow and expand internationally through initiatives that foster collaborations and the pooling of resources, as well as support for design research and experimentation to stay ahead of the curve. The fourth thrust looks at bringing design closer to the community to promote greater appreciation of good design and a higher level of co-creation activity to improve daily living experiences, while the fifth thrust seeks to strengthen the Singapore Design brand. The ministry believes the cyber strategies are needed in the advent of cyber threats as many countries use cyber as military tools to gain advantages or to instigate unrest, said ministry spokesman Maj-General Kongcheep Tantrawanit.
The proposed law aimed to give officials the liberty to use cyber measures and limit the liberty of rivals or enemies from interfering or attacking Thailand using cyber threats. Under the proposal, a central body would be established to coordinate operations among state agencies in charge of national security. Another centre would be established to monitor cyber threats and prepare proactive operations against cyber attackers. Additional measures would be identified to ensure the cyber operations receive national cooperation. Plans would be drawn up to ensure state agencies are able to deal with cyber crises.
Meanwhile, Kongcheep clarified why Prawit did not endorse any deal to procure military items from Russia. Kongcheep said the ministry had to follow steps and procedures when buying military items, while the state of the economy was also a factor. Everything has a working life," he said. The Act also introduces a single seven-member board for the NBTC, replacing the existing dual broadcasting and telecoms boards.
As reported by TelecomAsia, NBTC commissioner selection will be via a committee consisting of the president of the constitutional court, the president of the supreme court, the president of the administrative court, chairman of the national anti-corruption commission, the auditor-general, the chairman of the national human rights commission and the governor of the Bank of Thailand. The committee will select 14 individuals which are passed to new Digital Economy Ministry formerly the ICT Ministry which will forward them to the senate for selection before the final choice is then sent to the Prime Minister.
The act also stipulates that the NBTC must follow the policy of the Digital Economy Commission and abide by the government policy statement. Citing the white paper submitted to the government, Patai Padungtin, president of Thailand Start-up Association, said the country needed to quickly develop the tech start-up sector with various measures. It said the start-up sector would then have the potential to create revenues of at least Bt8 billion per year plus create value chains in each business worth Bt50 billion in total per year. This will also attract overseas investment worth an annual Bt3 billion, it said.
But the government is trying to push the sector forward quickly to create a new generation of economic warriors. Therefore, we recently submitted a white paper to develop the start-up ecosystem," said Patai. According to the proposal, the industry has urged the government to overhaul rules and regulations by amending laws and promoting start-ups with tax benefits and other policies.
For example, the industry believes it's necessary for Thailand to reduce its capital gains tax to attract more start-up funds since the tax in Singapore and Hong Kong is zero. It said the government also should offer tax incentives for related start-up businesses with a corporate income tax allowance. Thai start-ups should also be allowed to issue convertible notes so investors could invest conveniently in these operations. For investors and personnel, the government should set up committees to vet qualified investors and start-up entrepreneurs so they could be given privileges properly.
The industry said both the convertible debt instrument and the employee stock option should be promoted as tools to develop the sector.
In addition, start-ups should be allowed to do international money transfers via Internet banking like in Hong Kong. To attract talent, the industry said the government should make it easier to get work permits, while the Securities and Exchange Commission should amend its regulations to promote the option of initial public offerings for tech start-ups. Tax privileges for start-ups.
Due to unfavourable conditions in Thailand , more Thai start-ups do IPOs in overseas markets, such as through the Australian Securities Exchange, than here. The government should also promote the setting up of matching funds for investment in start-ups, while offering seed money to students at qualified educational institutes to build new start-ups.
There should be tax privileges for related start-up businesses such as co-worker space as well as for businesses that use start-up services. Thailand should also have a national incubator or accelerator programme to drive start-ups during their initial stage and help them get grants worth Bt , -Bt, for each project. The following content was provided by the publisher. The Handbook of Communication History addresses central ideas, social practices, and media of communication as they have developed across ti Communication in Palliative Nursing unites complementary work in communication studies and nursing research to present a theoretically grounded curriculum for teaching palliative care communication t The ultimate book on this subject.
Comprehensive and brilliantly written it is a complete guide to planning implementing and interpreting the results from communication assessments. It will be i Where to buy cheap communication tips at work? The most serious of these is the risk inherent in sending goods or payment to an unknown company in a distant country in which different laws apply. Trade finance tools, ranging from documentary collection to letters of credit to invoice discounting, help importers and exporters mitigate this risk, encouraging the smooth flow of goods around the world.
Trade finance is a multi-trillion-dollar business. Yet much of that business is conducted over phone or email. In this digital age, the industry is crying out for disruption. Many firms, including global banks and tech startups, agree that there are profits to be made and have been investing heavily in the development of appropriate tools. For example, a consortium of eight banks has built and tested a blockchain-based platform called Voltron, which handles letters of credit transactions.
In testing, Voltron successfully reduced the amount of time it took to complete such a transaction from days to 24 hours. The platform has reported several successful live transactions, including a deal involving shipping soybeans from Argentina to Malaysia on behalf of agribusiness giant Cargill and a deal involving shipping wool from Australia to China. Another blockchain platform, Marco Polo, which is also backed by a group of large banks, focuses on open accounts — the platform reported its first successful live pilot transaction earlier this year.
Still other blockchain-based platforms, such as We. Invoice discounting has received particular attention, with a number of FinTech firms offering rapid invoice financing solutions, many of which simply require firms to upload invoices, purchase orders, and transport documents to a central, easy-to-use platform. To add to the mix, major shipping and transportation companies, such as AP Moller-Maersk and Hyundai Merchant Marine, are looking to take advantage of their position at the center of trades to launch their own finance systems.
Yet, despite the explosive growth in such platforms, the transactions conducted on them still represent only a small fraction of total global trade finance business. One major hurdle to broader uptake is that a typical trade transaction involves multiple parties, including the importer and exporter frequently small or medium-sized businesses , their respective banks, and, potentially, one or more shipping companies.
To conduct a transaction through, for example, a blockchain platform, all the parties to the transaction must understand and have access to the tool. For small companies, learning and managing a new system is costly, and many are unwilling to commit the necessary time and resources. In addition, because the area is new, there has been a proliferation of competing platforms, and there are no standardized processes or procedures. Thus, even if a small company learns how to use one platform, if their trading counterparty wishes to use a different platform, it may simply be easier to conduct the transaction using traditional paper-based systems.
The result is that usage of new platforms has been slower than many hoped, and banks and FinTech companies have yet to see their investments in technology pay off. Nevertheless, as time winnows down the number of platforms and accepted standards emerge, it seems clear that trade finance is on track to become much faster, simpler, and more digital.
Intuition Know-How has a number of tutorials that are relevant to trade finance and FinTech. Each decade has brought with it a new interface to interact with our computers and electronic devices. Where once we typed into a command line beside a blinking green cursor, today we use a mouse with a visual graphical user interface or swipe, tap and pinch our commands into our screens. More recently voice has emerged as a way to engage and interact with devices. The rise of voice as a user interface [VUI] has taken off exponentially and can be found today in phones, TVs, radios, and an increasing array of smart home gadgets like microwaves, lighting and heating systems as well as being gradually integrated into the product and services design of a range of industries from aviation to healthcare and banking.
Voice interface features can be optional as a method of interaction, say when you click the microphone icon on Google search and speak your query into the search bar or voice first as with the Alexa powered Amazon Echo or Google Home where voice is the primary input mode. This allows voice assistants offer individualized experiences to different users in different ways and so can offer customized services to specific queries, directly linking a user for example to their Google Play, Spotify or Netflix accounts.
All of these developments are supported by a variety of maturing smart technologies including Text to Speech TTS and natural language processing. Within the workplace, having a virtual assistant to talk with may optimize efficiency, freeing up hands and body to continue with the task at hand.
Gartner, Inc. Chatbots or educational assistants have already made an impact in educational spheres. Several research universities introduced Echo Dots to help students with queries around campus life. Voice interfaces offer potential for education where learners might turn to them for information and facts, clarification or questions, or in a more active teaching mode provide interactive material to follow lectures in the shape of interactive games and exercises to help embed learning.
In the workplace, voice based digital assistants might help with providing:. How people interact with voice technology is very different from how they work with other interfaces e. This new area of design, VUI [Voice User Interface design] has similar departure points to other design areas, like clarification of user goals and end points, user testing and so on. The bits in between, however, are somewhat different, including scripting of potential dialogue flows, key words assignation, and branch planning to cover different conversational eventualities.
Personality and emotion become an important element in voice designed applications and the role of emotion within this conversational interface design cannot be underestimated. We believe the interest in audio will continue. Moving from consumer electronics and driven by the growth in smart speakers, voice will migrate into every experience including workplace learning. Today much learning in the workplace is about solving problems or rapidly locating a nugget of content and for this, voice will enable learning.
However, much of these conversations still sit in the realm of questions and answers or basic instructions so we may have to wait a little longer for some higher level voice-based learning applications to emerge. Consider possible applications for voice in current learning or work challenges. Could voice based digital assistants help your people with reference material, quick instructional assistance or performance support? Could you use voice-led UX to access content, coaching and mentoring?
From onwards, the sheer volume and variety of online touch points whether tweets, YouTube videos, Instagram stories, web based financial transactions; all forming potential data points in the modern digital world has resulted in this exponential growth and importance of Big Data. Data scientists collect and analyse big data using data analytics to discover relevant patterns or inferred intelligence around customer choices and preferences, market trends and more, and use these insights to improve product or service offerings and drive more competitive and successful business outcomes.
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A large part of data and analytics pivots around machine learning, a specialized subfield of AI. If AI is the broad science of imitating human abilities and intelligence, machine learning is about training a machine to learn with minimal human intervention. The system learns by taking data, reviewing data sets, identifying patterns and making decisions. Machine learning uses a number of approaches to improve performance and intelligence, and so produce more accurate predictions and data driven decisions for businesses.
Many writers highlight the importance of having a human narrative accompany data analysis. The integration of big data with thick data creates a bigger, better picture to drive improved learning and talent choices. Data science and analytics are fast-moving fields and according to a Gartner report  the next generation of analytics is Augmented Analytics where analytics automated by machine learning and AI accelerate every facet of the discipline from collection and analysis to generating information, outcomes and intelligence.
By using new AI based tools, businesses will benefit from instant, real time insights and be capable of leveraging analytics to figure out what they need to do to remain competitive. The science of learning seeks to describe, explain and predict how well learning happens as well as what hinders it. A key trend in the analytics space is the research field of learning analytics [LA]. Learning analytics emerged as a phrase around coming to us from experts and thinkers in the higher education arena. By looking at how students behave and perform as well as their experience and outcomes across different learning systems, interventions and social interactions within a university environment, new and exciting data emerges to contribute to the development of more effective and personalized learning interventions.
Analytics are everywhere, but how to get the most from them may involve more than just facts and stats. Learning ROI measures performance outcomes and so can place a value on specific learning interventions. Learning Analytics is a new tool for Talent and Learning Development to become familiar with.
And while the popular job of data scientist remains, such expertise coupled with learning analytics may be one to watch and consider. Keep an eye too on the higher education space, as they continue to work in and develop this niche. This trend has been through some ups and down over the last number of years.
Social and collaborative is on the up again, however, with LXPs that capitalize on the power of sharing and knowledge exchange, and the growth of data analytics that can help drive curation, sharing of relevant knowledge, and personalization. Microsoft teams was being used by , organisations as of September  , and reportedly ranked as the second most popular business chat app by late last year.
For the enterprise as a whole, this social enterprise evolution must be well managed and carefully led to the benefit of the organisation. As far as employee learning is concerned, this increased focus on collaboration presents an opportunity to also drive learning in a way that supports and enables individual and organizational success. And like the organization as a whole, collaborative learning must be managed and led with clear and careful strategy to deliver on its potential. We believe social learning is finally coming of age.
It can be used to facilitate both formal and informal modes of learning, through structured modes such as communities of practice as well as unstructured methods, such as shared content and feedback and discussion that can occur organically around sharing. It can help promote active learning and empower learners to meaningfully direct their own learning.
Now, with the advent of strong enterprise collaboration tools with built in social channels, video meeting tools, content sharing and editing platforms and a capacity to integrate with other social tools and productivity apps, we see a game changing social learning come about.
Coupled with a range of new platforms that make it easier than ever before for organizations to successfully and securely enable collaborative learning, and a large segment of the workforce raised on digital social, the obstacles are being wiped away, social learning is integrated into a seamless work environment and the benefits accrue. Fostering an environment of social and collaborative learning should be on the radar of everyone with responsibility for organizational learning.
One of the components that contributes to a learning experience is another major learning trend bounding ahead in Personalization and adaptive learning. This trend continues to grow in importance, stemming from a combination of factors, such as the working environment: being short on time to learn and overwhelmed by a deluge of content, employees look to optimise their time looking only for what they need, when they need it, tailored for their specific needs.
According to insight from many of the key analysts and feedback from our own client-facing people, personalization is becoming more of a mainstream expectation than a bonus feature. Personalization and adaptive learning go hand in hand with data analytics and AI. Data feeds the level of personalization offered, and together with AI can be used to power increasingly sophisticated levels of personalization.
As we gather more data both at the big data level and at the individual level, using it intelligently can help refine what we deliver in terms of knowledge and learning, and how we deliver it, both at the wider organizational level and at the individual level. Data gathered can also be used to provide personalized learning support.
It can help point up who needs help and where — this approach is probably used more widely in higher education but is also relevant to corporate learning — pinpointing specific knowledge gaps and needs to focus on for learners who are struggling. This information can then be used to adapt learning approaches to individual needs and to provide personalised services such as targeted mentoring and coaching.
Mentoring and coaching are great ways to provide a richly personalized learning experience that connects employees with an expert in a subject and supports their development. Changing demographics of the workforce point towards new opportunities for both mentoring and coaching — millennials value mentoring and coaching input to support personal and professional development in a supported work environment. While coaching and mentoring are sometimes differentiated from each other, they have a good deal of overlap.
Traditionally speaking, coaching is a form of development where the coach helps the learner achieve a specific goal or skillset through non-directive guidance within a defined scope and time scale, while mentoring is more typically a longer-term relationship to help support growth and career path development of the mentee. Both coaching and mentoring offer both employee and organization significant benefits, including better engagement, which can in turn result in better retention, and improved performance.
Particularly in this time of talent shortages, skills gaps and a growing culture of continuous learning, a carefully designed coaching or mentoring intervention can offer a real opportunity to harness the benefits of one-to-one support that is truly tailored to the needs and goals of the individual.
We believe future learning will become more learner and experience centred. Personalization will become key as organizations tailor learning to the individual through diagnostic assessments, learning paths, recommendations and curated content and learning that constantly adapts to the current and future needs of the learner. Personalization will play a vital role in helping our people and organizations stay competitive.
If you would like more detail on Personalization and Adaptive learning as it increasingly enables and shapes corporate learning and would like to discuss what it means for your organization, why not chat with one of our consultants? Drop us a line to info intuition. You need to communicate at all levels, to your department, team, staff, and clients; yes, skillful communication is a no brainer. But an often neglected side to skillful communication is listening. Listening is an innate part of everything we do, and the crucial other side to communicating effectively.
Communicating enables a flow of information and ideas, back and forth, between your various stakeholders. Now listening might seem passive or less energetic than talking, presenting, explaining, convincing, or negotiating, but active listening is in fact, the flip side, the secret sauce to all of the above. Think of listening as an interpersonal skill that will equip you to better uncover and understand the needs, requirements, and sometimes hidden preferences of your stakeholders.
In the course of your work, you must listen to a lot of people: your boss, your colleagues and team members, your clients, those who report to you, and those you will recruit, professionally develop, or performance review over time. Potentially, you may have to listen to senior managers, board members, and so on, as well. Approach any conversation with a self-identified aim that you will learn something. Self-fulfilling prophesy is a strange thing: it usually works. But if you realize that Peter has something to convey, something you may not have heard before, then you will learn something new.
Stop Talking! Focus on the conversation and never, ever, multitask.
Jude L. Gorgopa
Be honest. Open the discussion wide and then drill down. Life lesson from personal experience coming up. He was the biggest toughest looking guy in the focus group, his contribution to the session was short, clever, and to the point, and I nodded at him to acknowledge it. What was wrong with his advice?
Clearly nothing. The wrong lay percent on my side. Active listening is neutral. Recent IPOs by high-growth, loss-making businesses such as Lyft and Uber have highlighted a sharp divide among investors over a simple question: What is a company worth? For momentum or growth investors, however, value is a function of potential future profitability and cash flows. Which side is correct? For the last decade or so, growth investing — which prioritizes future growth prospects over historical profit performance — has enjoyed record success.
Investors that piled into high-growth, loss-making companies HGLMCs like Amazon, which only became profitable several years after its listing, and Facebook, which took several years to achieve profitability after its launch, have earned exponential returns. The halo effect of these successes meant that companies from Tesla to Twitter enjoyed a long and relatively steady boom in their share prices, despite posting substantial losses. These much-hyped, pre-IPO valuations were based on high expectations for future growth and profitability.
But the subsequent IPOs of these businesses showed that not everyone was buying the growth story. This has resulted in multi-billion-dollar gaps between what the two groups believe these businesses to be worth. There are several ways to determine what a business is worth. Historically, investors and corporate finance professionals have often taken a metric, such as net earnings or revenues, and applied a multiplier to that number to obtain a valuation. When a new company must be valued, investors may look at its historical earnings and estimate a likely price for the company based on the average multiples for other, similar companies.
Typically, high-growth companies — or companies in high-growth industries — can command higher multiples than lower-growth ones. The problem, however, is that a company may have rapidly growing revenues and a rising number of customers, but negative earnings. To predict FCFs, investors must make various assumptions about the likely future state of the company and its industry. They must project how quickly the market the company operates in will grow and what percentage market share the company will capture. They must also project future revenues, operating margins, capital costs, and return on invested capital.
All these projections are based, in part, on best guesses. Given the number of estimates involved, different investors can produce very different FCF projections and thus, very different valuations. Optimistic assumptions by private investors about future market growth or margins will lead to rosy valuations, which may prove unsustainable in more-skeptical public markets.
This seems to be what happened with the ride-hailing company IPOs. On the one hand, there are those that believe we are in the midst of a technological revolution that will disrupt and destroy existing industries from traditional banks to traditional energy producers to traditional taxi services. These individuals believe that old, backward-looking metrics ignore the radically changed environment and understate the true value of disruptive HGLMCs. On the other hand, there are those who argue that even disruptive businesses must show a capacity for creating economic value and generating profits.
These investors believe that fundamental metrics such as operating margins, cash flow, and return on equity remain relevant, even in rapidly changing, high-growth markets. They are skeptical in their projections for the future. For the last decade, the growth believers have held the upper hand. Many value investors are waiting for the pendulum to swing. As regulators escalate their calls for financial firms to plan for the discontinuation of LIBOR, industry bodies are working to ensure that the transition to a post-LIBOR world is smooth.
At the center of efforts in derivatives markets is the International Swaps and Derivatives Association ISDA , which has taken the lead in standardizing adjustments to derivatives contracts to allow for a switch from IBORs to risk-free rates. However, much work remains to be done, and the transition threatens to be painful and disruptive.
The shift away from LIBOR is part of a broader move away from using interbank rates, which are often based on surveys of traders, to using risk-free rates RFRs — based on actual transactions in overnight markets — as reference rates in financial contracts see Issue 1, for more detail.
While banks are struggling to plan for a highly complex transition involving thousands of bespoke loan contracts, documentation in the derivatives industry has the advantage of relying primarily on standardized master agreements and definitions published by ISDA. To this end, ISDA has undertaken a series of public consultations on the best path forward. The challenge is to create replacement rates that are truly equivalent. These new definitions will apply automatically to contracts signed after the amendments are implemented. ISDA anticipates that existing contracts could be modified through a protocol under which market participants could agree to make all their contracts subject to the new definitions, provided the counterparties to each contract agree to do the same.
Regulators have expressed a desire for such an approach, but its implementation remains a work-in-progress. Some market observers believe that discontinuities between ARRC-led approaches in cash markets and ISDA-led approaches in derivatives markets could emerge. The transition away from IBORs is fraught with challenges, including struggles with equivalence, methodologies, timing, and approaches. As the deadline for the transition nears and regulators remain determined to proceed with the changes, the risks of significant market disruption are growing.
Intuition Know-How has a number of tutorials that are relevant to bond markets and central bank monetary policy:. Today, HR and talent development staff often experience high employee turnover. Why is this? Ireland and the UK lead the way when it comes to percentage of population with third-level degrees. In in the UK, business and administrative-related degree programs attracted the highest number of students with , enrolled in these courses. The number of positions in business and finance is rising in some regions and remaining steadily strong in others.
While there are plenty of positions in finance, retention can be an issue, particularly with modern young workers. The stereotype of this generation and their careers is accurate, according to Visier , which reported modern workers are almost twice as likely to quit their job — Below are six reasons for the high exit rate of modern-day employees, with relevant research to support each point. Many modern workers marry later, have children later, are more technologically native, and are focused on finding meaningful careers.
Their values differ, and naturally, so do their career patterns. Many modern-day workers grew up during times of recession, making them aware of the instability of even the most established companies. Some of the biggest, most successful banks in the world fell foul to the financial downturn, forcing redundancy on long-standing employees.
In an anonymous survey by fowmedia. Growing up during a recession period has resulted in a generation who seek out new opportunities for fear of their current position falling victim to an economic downturn. Ireland is expecting major growth in the sector. Working from home is an advantage to the younger cohort. Strictly office-based positions are not as attractive and may be the reason behind a move to a more work flexible organization.
The ability to find a new position has been revolutionized in recent years, thanks to tools like LinkedIn. The modern workforce is a tech-savvy segment of the population and young people are active social media users. Modern employees want to feel valued by their organization, and their onboarding process is one of the best times to create this feeling.
If sufficient time and training is given, younger employees will integrate better into a company and be less likely to leave. This generation approaches work differently. One of their goals is to find meaning and to enjoy what they do. Here we look at a few of the most talked about features in the evolution of learning experience. LXPs have been touted by some as the next wave of learning management systems, calling out the war-cry to conventional LMSs and campaigning for the cause of the learner experience at the heart of everything.
An alternative angle is that LXPs are more important for what they represent than being about the individual players in the market; and what they represent is a new paradigm in the learning space that pivots around the learner, making learning more accessible, easier navigated and easier to find what you want, from any source and in any format. Technology such as data analytics and AI underpin LXP functionality, helping guide and personalize recommended content or curated pathways, for instance.
As the market continues to evolve, openness to integrating with other systems will also be a key feature of the LXP market. UX user experience has come a long way since it was first coined as a term by cognitive psychologist Donald Norman, who worked for Apple, in the s. UX in digital learning is about how humans interact with a digital world. UX and UI, the application of UX to visual and navigational design , are now essentially about attempting to immerse learners in a personalised journey. In the digital world, nothing is a more powerful guide to providing the best UX than the creation of a story or journey.
Placing the user at the centre of design is key to successful UX. Where is the user coming from in their journey, where do they want to be and how can we help them get there? Every user is at a different place, and every learner is in a hurry to get where they want to be. Learning and learning platforms need to recognise this and create learner-centred UXs that take them on their personal journey. Data, data analytics and AI are powerful tools that can help in creating an easy to follow personal path through learning, enabling us to guide and steer learners through their journey.
LXPs represent a way of thinking about making learning and information as accessible as possible, signalling a higher standard and expectation for the learner UI to learning. This calls for a thoughtful approach that places learners at the centre of the experience, a meaningful journey that maps their need to content and the content experience. Data will continue to underpin the learner experience, while on the front-end, expertise in UI and UX will be important to bring to the party as expectations for a seamless continuous experience facilitating learning in the flow of work continue to rise, with more and more blurred lines between learning and work.
New directions like voice-led interfaces need to be on the watchlist as the conversational interface pushes forward, and the latest versions of virtual assistant devices such as Alexa emerge with built-in screens to combine the best of voice and visual based interfaces . Meanwhile, in Europe, corporate bond issuers successfully raised bonds at negative yields, upending the normal functioning of capital markets.
Why are global bond markets behaving so strangely? The answer appears to lie in a volatile combination of ongoing extraordinary monetary policies and broader economic issues. At the end of April, US corporate junk bonds rallied strongly, to the point where their yields fell below those of comparable speculative-grade corporate loans — an unusual situation. Loans sit above bonds in the capital structure and are therefore more likely to be paid in the event of bankruptcies.
As a result of this higher-priority ranking, yields on loans are generally lower than those on comparably rated bonds. However, in the wake of this market anomaly, some are wondering about the long-term outlook for capital markets, given the atypical combination of a growing but fragile domestic economy, a long-in-the-tooth bull market, stretched asset prices, weakening global growth, and relatively supportive monetary policy.
At this point in the economic cycle, rates would typically be slowly rising. However, the current US expansion has been unusual in that it has been very long, but not very strong. Sustained but moderate growth has kept inflation low despite years of near-zero interest rates. These low yields have pushed investors into riskier assets, including speculative debt, leveraged loans, equity, and other, more-exotic instruments. Now, strains such as rising trade tensions and slowing global growth have some worrying that a downturn may be around the corner even as many economic indicators continue to paint a rosy picture.
In this uncertain environment, every piece of news has the capacity to jolt markets. Treasury yields have moved erratically throughout May as conflicting job, inflation, wage growth, and other data have fueled ongoing ambiguity. More pricing anomalies may lie ahead as markets grope for a clear direction. In Europe, capital market participants are also observing an anomalous circumstance, albeit a very different one: In the first quarter, two French companies both raised bonds with sub-zero rates. Today, these notes are both trading at negative yields — investors are effectively paying the companies for the privilege of lending to them.
For several years, certain high-quality European government bonds have been trading at negative yields. Negative-yielding instruments now include various maturities of German, Irish, and Swedish debt. At the same time, as the French corporate notes show, negative-yielding corporate debt is rematerializing. And for many, buying negative-yielding corporate debt makes sense because they may be able to sell those instruments at a profit when yields fall even further.
The reality is, of course, not quite so simple. Even who does the work is changing — human, robot, or co-bot. The division of labour between humans, machine and AI is shifting quickly. While the impact will be greater for some industries and some types of jobs than others, for businesses and workers alike the onward march of AI, Automation and Analytics cannot be ignored.
While a skills shift is nothing new in the evolution of work, in general automation and AI are expected to accelerate the pace of the skills shift. While basic cognitive skills such as data input and some manual skills will decline, however, demand for physical and manual skills will remain as the largest category of workforce skills in terms of time spent in many countries even in and will be different in different sectors and in different countries. In addition to the concerns of workers and potential workers in the face of this changed landscape, employers are concerned that they lack the skills for automation adoption.
While there may be many opportunities in this 4th industrial revolution, there are fears that the workforce may not be able to keep up. As of June , there were 6. More jobs than people; sounds like a picture-perfect world for job seekers, but the reality is more complex. There are indications that there is a gap between the skills required for some of these jobs and those who are looking for jobs, with severe shortages in specific areas and wider shortages in some types of skills. While much has been said and written about meeting the needs of Millennials, and, more recently, Gen Z-ers in the workforce, the reality is that a significant proportion of the workforce is older than either of these cohorts.
Overall, efforts for reskilling in most countries, both public and private, are not at the level, scale and quality needed to address the talent war and skills mismatch, according to the WEF. This is a significant moment for workplace learning. Work in the decades ahead may no longer mean what it used to, but learning will no longer be the same either.
Learning organisations must adapt, change and work to a model of agility to help their businesses survive, perform and succeed in this next wave of the fourth industrial revolution. If you would like to discuss any of the insights in this piece with our consultants, email info intuition. Part 1: preview. Antitrust regulators on both sides of the Atlantic have been breaking hearts lately. According to reports, the DOJ is concerned that the tie-up would hurt consumers, especially the rural and low-income consumers who rely on prepaid service — together, T-Mobile and Sprint dominate the prepaid market.
Antitrust regulators have a difficult task. They must predict — often with scanty evidence — how a merger or acquisition will affect consumers, both in terms of price and its impact on innovation. Occidental has long vied with Chevron for domination of the Permian, and with this deal, it looks set to take the lead in the region. Anadarko owns about , acres in the Permian and has identified 10, potential drill sites, which are generally expected to be highly productive and profitable. Admittedly, the deal is by no means a sure thing. Anadarko shareholders also have yet to have their say.
Nevertheless, it looks likely that the next big hurdle for the deal will be regulatory approval. On this score, the Occidental deal enjoys some advantages. When it comes to antitrust regulation, anything can happen. We look at new trends coming in, and previous trends growing or declining, and at what they mean for how we support our clients in equipping their workforces with the skills they need.
The pace of change is so fast, technological advancements so rapid and the buzz about the latest new thing often so loud that it becomes difficult to separate the noise from the significant news, the fads from the trends that are here to stay. What is clear, however, is that there is one important area of change that is gathering pace like never before, that is: how we go about doing business.
As c hanges to the way we work gather pace at an unparalleled rate, with them, workplace learning faces an unprecedented level of disruption. In our new series, Trends The Future of Workplace Learning , we look at the trends that are driving corporate learning. The key forces of AI, Automation and Analytics continue and indeed up the pace of driving change in how people work, calling for new skillsets, changing the nature of jobs and shaping the nature of learning.
Against this backdrop, we cover the most important trends that we see driving the shape of corporate learning in the coming year:. With learners placed firmly at the centre, the drive to personalization has accelerated in the last year. Once upon a time, learning professionals spoke of metrics such as learning engagement, impact and, most important of all, measurable ROI.
In many ways, these were the grail of learning and, to be blunt, like the grail they often evaded being witnessed. Organizations and workers are realising the benefits for sharing, contributing, knowledge exchange and development through channels specially designed for social collaboration and learning in a corporate context.
Voice is emerging as a new medium, with far-reaching implications for how we engage in and experience work and learning. Increasingly used in a wide array of devices and gadgets, we look at the potential of voice and what the voice experience could bring to workplace learning and performance support. Some technologies that were young or adolescent last year are starting to move towards maturity. Others may be emerging from a niche application to more mainstream training domains where their potential to improve learning and learning outcomes is being increasingly recognised, and their availability and cost-effectiveness make them more attainable.