Decision makers fed up with slow or subpar results take heart. Three practices can help improve decision making and convince skeptical business leaders that there is life after death by committee. To read the full article in McKinsey & Company, click: Three Keys to Faster, Better Decisions.
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Two-thirds of business leaders fear that their organization could become irrelevant if they fail to move to a “hybrid” workforce. According to research by Capita People Solutions, a successful transition to a combined human and artificial intelligence, or hybrid, workforce is the most important priority for 72% of leaders in the next five years. To read the full article in Personnel Today, click: Business Leaders’ Top Concern is Moving to a Hybrid AI-Human Workforce.
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Philip McNeill looks at five key aspect to consider before moving to the cloud. The main points to consider are: a cyber attack on cloud services is a top risk in 2018; ensure extensive due diligence before joining the cloud; taking care of the obvious, like password security, can help protect against a cyber attack. To read the full article in ICAS, click: Cloud Security: Five Key Considerations.
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For the future of financial advice, the writing isn’t on the wall, it’s on the mobile phone screen, says Christopher P. Van Slyke, financial planner and founder of wealth management firm, WorthPointe. Van Slyke, who’s based in Jackson Hole, Wyoming, says the tipping point for him was when he saw that the local bank, Bank of Jackson Hole, was touting its app in a community paper. To read the full article in FinancialPlanning, click: Despite Fast Growth, Mobile Wealth Management Stumbles.
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As the learning capability of machines continues to improve, advisors are increasingly finding themselves outmaneuvered by robots. These digital advisors are particularly appealing to millennials, who now represent close to half of the U.S. online banking population. To that end, there is a technological gap as well as a demographic vulnerability that advisors are facing, especially as they help consumers with the dual challenge of managing short-term spending and long-term financial planning. To read the full article in FinancialPlanning, click: How Advisors Can Outthink Robots.
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Specific Needs of the Remote Office Environment In this fourth installment of her five-part series, Simone Hoover details the essential software, platform, and communication devices when transitioning to a remote office environment to maximize workflow and peace of mind.
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Virtual firm tools and digital technology removes barriers and excuses In this third installment (moving toward the virtual firm) of her five-part series, Simone Hoover examines who is the best candidate for a virtual firm transition and the logistics to consider for both remote employees and business owners.
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Digital technology removes barriers and excuses In this second part of her five-part series, Simone Hoover provides an in-depth explanation of the technical language surrounding online cloud services, contractual conditions and the literal forces of nature that pushed her into the virtual office environment.
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Digital technology removes barriers and excuses Most professional services organizations are already adopting some form of digital identity. It takes just a bit more to embrace the cloud and reap the benefits of becoming a virtual firm.