22 March 2017
Business Adviser

On Machines Completely Replacing Human Workers

A Group of Employees The all-human workforce is still very much alive — and contributing. It has changed a lot, however. Machines aid workers one way or another today, in various industries and workplaces. But there’s still a future that’s yet to come: a fully automated workforce. It’s a situation that futurists either fear or look forward to, depending on several circumstances.

When talking about machines taking over the workforce, it’s not always ‘robots’ per se. The contraptions can be as simple as fully automated presses or CNC machines, the latter courtesy of companies like FlexDrill CNC and others. These contraptions still require human intervention. Looking at other factors, however, reveal some potentially positive results.

Actual Fears Or Paranoia?

Millions of jobs have been lost—85 percent of the 5.6 million positions in the U.S. and Canada — to machines. Many people think this is terrible news. In truth, there are upsides to this change. Inflation-adjusted manufacturing output in America increased by 40 percent over the last two decades, to the tune of $2.4 trillion in annual value added by American factories. It means that even though manual jobs are few, more work gets done because of automation.

Also, employing machines is becoming cheaper. Labor costs can be cut down by as much as 33 percent globally, due to faster and more efficient machinery (mainly robots) becoming affordable for the manufacturing sector.

By 2025, experts predict that a robotic welder, for example, can drop to as little as $103,000. Hence, manufacturing can churn out more products in less time, while also costing less than when it first came out. In short, machines are becoming more cost-effective than human laborers.

If people worry about losing their jobs to machines, they don’t have to. Unless completely autonomous, self-programming AI machines get invented soon, these automated workers require human intervention to work. They won’t program themselves and would need training from operators to ensure that the job will be done.

And who’s to think that robots and their kin can’t work alongside humans? With a mechanical counterpart, people can be as efficient as they’ve ever been. The fear of machines taking over the global workforce (and putting people out of work) is a misinformed one. It should stop.

20 September 2016
Let's Study

Unusual Practices for More Successful and Creative Meetings

Vail Ski rentalMost business leaders have their own way of keeping their top managers motivated and involved in the most important aspects of decision-making. Many of them have a unique approach to doing this. The most effective managers and CEOs even have a different approach to meetings, which are notoriously boring and usually ineffective when done in the traditional ways.

Here are some suggestions to help you shake up those meetings that are generally known to waste time, money, and opportunities: 

Don’t meet too often

Traditional leaders usually meet their managers at least once a week, creating a routine that quickly becomes mind-numbing for the participants. What’s even worse is when it’s the same faces all the time, so that even when you have nothing to contribute to the topic, you are sitting there fighting sleep. The meetings can extend from the start of the day to lunch or even beyond.

Avoid such snorefests. Meet only when necessary, and call only the managers that are involved in the agenda. Managers shouldn’t tag along an assistant or subordinate unless warranted. If someone comes who does not have anything to contribute, you can politely ask the person to leave. Odds are good that person would be relieved too. Don’t dwell on the same topics you had the last time unless your meeting is about progress reports. Discourage rehashing because this will waste your time.

Meet in unusual places

To prevent boredom, shake up the boardroom now and then. For example, schedule a meeting well in advance and send a note for the team to meet you at a Vail ski rental. You can spend some time enjoying the slopes before you get down to business. Such exhilaration and fun can encourage creative thinking, especially because it’s done away from the office. Of course, if you schedule such meetings now and then, you should have at least the day to spend.

Set a time limit

If you’re doing a regular meeting, at least set a time limit. This will help you avoid rehashing and being sidetracked. In most meetings, when someone starts an office gossip, most of the time will be eaten up discussing that gossip. Discourage this activity with a timer. When the timer goes off, you should all be on your way out the door.

Use technology

In some companies, instead of doing the meeting face to face, the participants use technology instead. This will save you time and money, especially if your managers are coming from satellite offices or branches.

Meetings are important, but they can harm your company if they are nothing but a time-wasting routine. Be creative, and remember that time is money. Make your meetings fast, interesting, and productive.

28 July 2015
Tech 101

Developing the City Through Technology

technologyAccording to the latest statistics, Singapore is one of the most urbanised cities not just in Asia but in the entire world. One hundred percent of the city’s population is urbanised, and its rate of development is at a good pace.

With this stable urbanisation, the city has the potential to have a strong hold on information technology (IT). Along with this, the city can also continue its progress using the same technology.

IT and Urbanization

Discussions on the effects of urbanisation often revolve around its negative impacts. What most people don’t know is that urbanisation also has good effects. One clear benefit of urban development is that it allows an increase in job opportunities and an increased availability in goods and services.

Most of the professions and services that receive the benefit come from the IT sector; urbanised cities become more dependent on networking to monitor businesses, for a wider marketing reach, and to communicate with potential business partners both inside and outside the metro. And seeing how computers and the Internet have become an integral part of daily living, it’s hard not to see just how important networking is for communication.

Thus, an urbanised city experiences advancements in IT, and it is also IT that helps the city continue its growth and development, NEX CorporateIT reckons.

Making IT Work

Of course, the only way to make IT effective is through regular maintenance. Both hardware and software are prone to problems and glitches. These glitches can slow down communications.

Networks require constant monitoring, so that any problem – no matter how big or small – can be addressed immediately. That way, an immediate fix for anything that can cause communication problems in your IT hardware or software is in order. This means you can maintain prompt communication with the people you need for the industry to grow.

Contact professionals who can help you with your networking problems. They can track any and all improvements that your hardware and software may require. In addition, with their expertise, they can help you keep your IT systems in good condition.