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These companies have placed themselves far behind the technology curve because tenured managers hire employees with obsolete skill sets and together they create mediocre solutions. Walking into these organizations is often like traveling back in time 20 years.
How many times have you witnessed someone holding-out for a higher price, better valuation, evolving markets, technology advances, or any number of other circumstances that either never transpire, or by the time they do, the opportunistic advantage had disappeared?
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link] ATIG Dear Mike, "I've found that 90% of problems companies have on-line are created by management, not technology" David Segal Why not E-leader ( participative) for better decision making to do the right thing ? We must slow down the technology speed and its consequences. Thanks, Sami impassioned Hi Mike.
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As odd as it sounds, businesses that are not dependant on smart talent, capital, or technology can scale faster and easier than those businesses burdened with the aforementioned dependencies. The dumb factor not only applies to talent, capital, and technology, but it also extends throughout the entire value chain.
The second trend is technology’s recognition of the first trend. First is the time pressure for our attention. People simply don’t have the time to listen to, or read, unnecessarily long forms of communication. Emails, voicemails, instant messages, text messages, blogs, Tweets, Facebook updates, etc.,
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Get outside of your old thought patterns and seek out people, technology, collaborative relationships, process and any other solutions that can improve your business. All business (for profit or not) provide goods, services, or intellectual property/capital to a market (or markets) for some form of consideration.
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They are voracious learners always looking for better methods, different approaches, enhanced efficiencies, better technology and increased velocity. These tenets are discussed at length by Vineet Nayar of HCL Technologies, in his book ‘employees first, customers second’ [link] mikemyatt Hi Kavita: Thanks for your comment.
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With the continued rapid development of technology taking the concept of globalization and turning it into hard reality facing businesses of all sizes, it is time for executives and entrepreneurs to examine their current business models from a disruptive perspective.
A person could either take several minutes to explain the evolution of technologies, mediums, shift in content paradigms, engagement practices and market dynamics that came together to make the Internet a more valuable and efficient space, or they could just utilize &# social media&# as a descriptive aid to make the connection.
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We are living in a new era of technology and understanding and Pete has his finger on the pulse of how to relate/reach individuals. His leadership is remarkable! Pete is reaching people through not only speaking but through videos, blogs, websites and other social media outlets.
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With each major advancement in technology, communications, or business practice we find ourselves yet again at this all too familiar precipice. Successful businesses adapt to market innovations and thrive, while those that fail to make iterative leaps fall by the wayside. What’s needed is less smoke and mirrors and more common sense.
Social Media is not about technology – it’s about communication. A few of her thoughts can be found below: Social Media is forcing us to redefine leadership. Can’t control relationships in social media.you have to give up control but make sure you still have command. When it comes to social media fail fast and fail smart.
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Between the economy and technology, everything is changing. Mike Myatt : What should leaders today be focused on with regard to the future? Michael Hyatt : I think it is more difficult than ever to have clarity about the future—in any field. This is more critical than trying to figure out where everything is going.
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As a digital marketing consultant, I've been praising the promise of these new technologies, but I also have been learning more and more about the negative side effects of our increasing use of digital. I find myself in a similar situation cringing at some of the digital behaviors of our youth.
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