Showing posts with label Multiple updates for those traveling at high speed on GKPath. Show all posts
Showing posts with label Multiple updates for those traveling at high speed on GKPath. Show all posts

Wednesday, June 30, 2021

g-f(2)351 The big picture of the digital transformation (6/30/2021), MIT SMR, Why Workplace Hierarchies Matter in Skill Transformation




ULTRA-condensed knowledge


Opportunity, Be mindful of workplace hierarchies to optimize digital transformation, MIT SMR
  • By attending to existing workplace hierarchies during skill transformation, leaders can best ensure that their organizations and employees gain the skills they need to compete amidst rapid digitization and automation.
  • Our new study found that corporate leaders who are engaged in skill transformation need to be mindful of workplace hierarchies during three types of skill transformation: upskilling, reskilling, and “newskilling.”
Lesson learned, Strategies to bolster the success of training initiatives
  • While new research suggests that workplace hierarchies can impede learning efforts, there are strategies to bolster the success of training initiatives. 
Alert, By 2022, 54% of all employees will require significant upskilling
  • By 2022, 54% of all employees will require significant upskilling, according to the World Economic Forum. 
Lesson learned, Upsetting fundamental status hierarchies can impede learning
  • Upsetting fundamental status hierarchies can impede learning, particularly when senior employees perceive that those junior to them are benefiting the most from a workforce transformation.
Lesson learned, Frictions between digital natives at the junior level and their more senior coworkers
  • Frictions between digital natives at the junior level and their more senior coworkers initially led employees to struggle to pick up the skills they needed and slowed digital transformation efforts. 
  • When junior employees benefited more from transformation than did senior employees, this created backlash, especially among more senior employees who saw their status undermined. 
  • But at sites where leaders systematically attended to existing workplace hierarchies during skill transformation, employees were more successful in learning digital, critical thinking, and communication skills.

“genioux fact fast solution" condensed as an image


Condensed knowledge


The big picture of the digital transformation (6/30/2021)
Opportunity, Be mindful of workplace hierarchies to optimize digital transformation, MIT SMR
  • By attending to existing workplace hierarchies during skill transformation, leaders can best ensure that their organizations and employees gain the skills they need to compete amidst rapid digitization and automation.
  • Our new study found that corporate leaders who are engaged in skill transformation need to be mindful of workplace hierarchies during three types of skill transformation: upskilling, reskilling, and “newskilling.”
Lesson learned, Strategies to bolster the success of training initiatives
  • While new research suggests that workplace hierarchies can impede learning efforts, there are strategies to bolster the success of training initiatives. 
Alert, By 2022, 54% of all employees will require significant upskilling
  • By 2022, 54% of all employees will require significant upskilling, according to the World Economic Forum. 
Lesson learned, Upsetting fundamental status hierarchies can impede learning
  • Upsetting fundamental status hierarchies can impede learning, particularly when senior employees perceive that those junior to them are benefiting the most from a workforce transformation.
Lesson learned, Frictions between digital natives at the junior level and their more senior coworkers
  • Frictions between digital natives at the junior level and their more senior coworkers initially led employees to struggle to pick up the skills they needed and slowed digital transformation efforts. 
  • When junior employees benefited more from transformation than did senior employees, this created backlash, especially among more senior employees who saw their status undermined. 
  • But at sites where leaders systematically attended to existing workplace hierarchies during skill transformation, employees were more successful in learning digital, critical thinking, and communication skills.

Category 2: The Big Picture of the Digital Age

[genioux fact deduced or extracted from MIT SMR]

This is a “genioux fact fast solution.”

Tag Multiple updates for those traveling at high speed on GKPath

Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).

Type of validity of the "genioux fact". 

  • Inherited from sources + Supported by the knowledge of one or more experts + Supported by research.


Authors of the genioux fact

Fernando Machuca


References

Why Workplace Hierarchies Matter in Skill Transformation, Katherine C. Kellogg, June 30, 2021, MIT Sloan Management Review, MIT SMR.


About the AUTHORS

Katherine C. Kellogg

Katherine C. Kellogg is the David J. McGrath Jr. Professor of Management and Innovation and a professor of business administration at the MIT Sloan School of Management.

Kate's research focuses on helping organizations implement new technologies, on-the-ground in everyday work, to improve decision making, collaboration among diverse experts, and learning in a time of rapid digital transformation. She shows how organizations can gain user acceptance of new technologies by including users in the technology design process, providing training to give employees the skills they need to work with new technologies, and designing new technologies with employees in mind.

Kate's current projects examine the collaborative implementation of machine learning-based tools for clinical decision support in healthcare organizations and the implementation of online training for frontline healthcare workers.


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Monday, June 28, 2021

g-f(2)347 The big picture of the digital age (6/28/2021), MarketWatch, At 15.4% CAGR, Digital Transformation in BFSI Market Size to Reach $164.08 Billion by 2027


VIRAL KNOWLEDGE: The “genioux facts” knowledge news

If you only have some seconds




ULTRA-condensed knowledge


Opportunity, Digital Transformation in BFSI Market Size to Reach $164.08 Billion by 2027
  • Rise in need of digital services among the fintech companies, exploration of digital channels to roll out new services, and surge in customize IT solutions for specific banking needs drive the growth of the global digital transformation in BFSI market.
Alert, Security and privacy concerns hinder the market growth

Opportunity, New opportunities in the coming years
  • Rise in adoption of advance technology AI and machine learning and increase in adoption of digital services among the developing nations of Asia-Pacific and LAMEA present new opportunities in the coming years.


“genioux fact fast solution" condensed as an image


Condensed knowledge


If you only have some seconds
    Opportunity, Digital Transformation in BFSI Market Size to Reach $164.08 Billion by 2027
    • Rise in need of digital services among the fintech companies, exploration of digital channels to roll out new services, and surge in customize IT solutions for specific banking needs drive the growth of the global digital transformation in BFSI market.
    Alert, Security and privacy concerns hinder the market growth
    Opportunity, New opportunities in the coming years
    • Rise in adoption of advance technology AI and machine learning and increase in adoption of digital services among the developing nations of Asia-Pacific and LAMEA present new opportunities in the coming years.

Category 2: The Big Picture of the Digital Age

[genioux fact deduced or extracted from MarketWatch]

This is a “genioux fact fast solution.”

Tag Multiple updates for those traveling at high speed on GKPath

Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).

Type of validity of the "genioux fact". 

  • Inherited from sources + Supported by the knowledge of one or more experts + Supported by research.


Authors of the genioux fact

Fernando Machuca


References

Digital Transformation in BFSI Market Size to Reach $164.08 Billion by 2027, MarketersMedia, June 28, 2021, MarketWatch.


ABOUT THE AUTHORS


MarketersMEDIA

This press release is syndicated from MarketersMEDIA, your global press release service which provides business announcements, market trends, financial analysis, expected growth forecast, predictions, and more since 2012.

MarketersMEDIA press releases syndicated on this website are accurate at the time of release. Information provided in the release such as global trends, analysis, growth forecast, and expected market share in dollars may change over time, and may or may not be accurate after the date of release.. 


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Friday, June 25, 2021

g-f(2)342 The big picture of the digital age (6/25/2021), AP, Global 5G, Quantum Computing and Artificial Intelligence (AI) Technology Trends Report 2021 - ResearchAndMarkets.com


VIRAL KNOWLEDGE: The “genioux facts” knowledge news




ULTRA-condensed knowledge


Opportunity, AI, ubiquitous today, will hit $ 52 billion by 2024
  • It can be found everywhere, from wearable tech to automated home devices, smart cities, cars, offices, and more.
  • The technology is embedded in a range of systems, making it challenging to identify revenue explicitly generated by AI. 
  • GlobalData forecasts that the market for AI platforms will reach $52bn in 2024, up from $29bn in 2019.
Alert, AI is one of the most hyped technologies
  • AI is one of the most hyped technologies, with reality often falling short of vendors’ world-altering promises.
Lesson learned, The high potential of 5G
  • 5G consists of the fifth generation of cellular technology and is built to enable faster mobile data speeds than previous 4G LTE and earlier technologies, providing the potential for revenue growth and lower customer churn.
Alert, 5G will allow networks to be virtually sliced to provide a range of different service characteristics for different use cases
  • For example, ultra-reliable and low-latency communications (URLLC) will support use cases including virtual reality (VR) and augmented reality (AR), automated and remotely operated robotics, and many others. 
  • Meanwhile, massive machine-type communications (mMTC) will eventually support millions, and eventually billions, of sensors and meters that can provide value through data analytics and automation in use cases such as agriculture, healthcare, and public safety.
Lesson learned, The hype around quantum computing (QC) continued to build in 2020 with good reason
  • While widespread enterprise use remains years away, the hype around quantum computing (QC) continued to build in 2020, and with good reason.
  • Two separate organizations, Google and the University of Science and Technology of China (USTC), have claimed the quantum advantage, but practical use cases need to be proven in 2021 for the field to continue to attract investment.


“genioux fact fast solution" condensed as an image


Condensed knowledge



    Opportunity, AI, ubiquitous today, will hit $ 52 billion by 2024
    • It can be found everywhere, from wearable tech to automated home devices, smart cities, cars, offices, and more.
    • The technology is embedded in a range of systems, making it challenging to identify revenue explicitly generated by AI. 
    • GlobalData forecasts that the market for AI platforms will reach $52bn in 2024, up from $29bn in 2019.
    Alert, AI is one of the most hyped technologies
    • AI is one of the most hyped technologies, with reality often falling short of vendors’ world-altering promises.
    Lesson learned, The high potential of 5G
    • 5G consists of the fifth generation of cellular technology and is built to enable faster mobile data speeds than previous 4G LTE and earlier technologies, providing the potential for revenue growth and lower customer churn.
    Alert, 5G will allow networks to be virtually sliced to provide a range of different service characteristics for different use cases
    • For example, ultra-reliable and low-latency communications (URLLC) will support use cases including virtual reality (VR) and augmented reality (AR), automated and remotely operated robotics, and many others. 
    • Meanwhile, massive machine-type communications (mMTC) will eventually support millions, and eventually billions, of sensors and meters that can provide value through data analytics and automation in use cases such as agriculture, healthcare, and public safety.
    Lesson learned, The hype around quantum computing (QC) continued to build in 2020 with good reason
    • While widespread enterprise use remains years away, the hype around quantum computing (QC) continued to build in 2020, and with good reason.
    • Two separate organizations, Google and the University of Science and Technology of China (USTC), have claimed the quantum advantage, but practical use cases need to be proven in 2021 for the field to continue to attract investment.

Category 2: The Big Picture of the Digital Age

[genioux fact deduced or extracted from AP]

This is a “genioux fact fast solution.”

Tag Multiple updates for those traveling at high speed on GKPath

Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).

Type of validity of the "genioux fact". 

  • Inherited from sources + Supported by the knowledge of one or more experts + Supported by research.


Authors of the genioux fact

Fernando Machuca


References

Global 5G, Quantum Computing and Artificial Intelligence (AI) Technology Trends Report 2021 - ResearchAndMarkets.com, BUSINESS WIRE, June 25, 2021, AP.


ABOUT THE AUTHORS


Business Wire

Extracted from Wikipedia

Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences. It is a subsidiary of Berkshire Hathaway.


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