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Showing posts from September, 2018

Career Challenges during Global Uncertainty

Today, we are living in the 21’st century with fast-developing Technologies, a digital economy, a Knowledge society and Global Uncertainty. There is ever-growing mistrust within and outside the countries, chaos and confusion in national policies, youth unrest from within/supported by foreign adversaries, global warming and calamities like tsunami and hurricanes. There are disruptions in alliances, a slowdown in industry and right-sizing/downsizing of manpower. This situation is further compounded by sponsored/outsourced terrorism and violence, purported by fundamentalists like ISIS, Jihadist Taliban groups and sea pirates across the world. While rapid advances in technologies have provided means to explore beyond our own country and improve our productivity, longevity, speed of travel, decision making and lifestyle, it has been causing disruptions and displacements of jobs.  However, new technologies also create new jobs which of course require new skills, more multi-taskin...

Big Data Concepts and Applications for Business Growth and Career Success

Today, we are living in the 21’st century with fast-developing Technologies, Digital economy, Knowledge society and Global Uncertainty. There is ever growing mistrust within and outside the countries, chaos and confusion in national policies, youth unrest from within/supported by foreign adversaries, global warming and calamities like tsunami and hurricanes. There are disruptions in alliances, a slowdown in industry and right-sizing/downsizing of manpower. This situation is further compounded by sponsored/outsourced terrorism and violence, purported by fundamentalists like ISIS, Jihadist Taliban groups and sea pirates across the world. While rapid advances in technologies have provided means to explore beyond own country and improve our productivity, longevity, the speed of travel, decision making and lifestyle, it has been causing disruptions and displacements of jobs.  However, new technologies also create new jobs which of course require new skills, more multi-tasking a...

Innovations for Business Growth and Career Success

Lateral-thinking, Ideation, Experimenting and Implementing are the processes to innovate and stay ahead Innovation is the process of turning ideas into manufacture-able and marketable form.” – Watts Humprey As they say “ Necessity is the mother of all invention ” while uncertainty is a catalyst for innovation. In today’s world of high technology, you need to be imaginative and thinking out-of-the-box, to be a market leader. Today’s global market is quite turbulent as there is ever increasing uncertainty in political, socio-economic and technology environments. Therefore you and your team need to use all initiatives and creativity to evolve sustainable and cost-efficient products/services. You need to be creative and innovative to make a significant contribution to your organization/business. Creativity and innovations are not limited to engineering, manufacturing or product design. Innovation is equally applicable to marketing, advertising, teaching, artwork, music, dancin...

Machine Learning basics for Business Applications and Career Growth

  “ Technology disrupts many jobs but it creates new jobs with more efficiency and consistency to become the lifeline for economic growth of any country”. Machine Learning (ML) is the most exciting field where many experts of multi-disciplines, collectively evolve required algorithms and carry out exhaustive numerical processing, analysis and interpretation. ML is not straight software programming but the very iterative process of training a machine to respond to emerging situations. It is like teaching a small child to store various options in his/her brain and when required, respond very judiciously. A similar concept is being followed by leading manufacturers of cars for faults diagnostic and analysis, medical labs for testing and diagnostic of the disease. A traditional automation has an input to a computer resident program which processes input and gives output for further human analysis and interpretation. In the case of ML, there is input and expected output both act...