development Archives - OpenBusinessCouncil Directory https://www.footballthink.com/tag/development/ Openbusinesscouncil Tue, 15 Mar 2022 19:34:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.6 https://www.footballthink.com/wp-content/uploads/2017/04/faviopen-63x63.png development Archives - OpenBusinessCouncil Directory https://www.footballthink.com/tag/development/ 32 32 Importance of Training and Development for Employees https://www.footballthink.com/importance-of-training-and-development-for-employees/ Fri, 25 Feb 2022 18:56:16 +0000 https://www.openbusinesscouncil.org/?p=18778 Importance of Training and Development for Employees What is the importance of training and development for employees ? There is the saying you probably hear a lot — practice makes perfect. It encapsulates what most of us consider to be true. No matter how challenging a task, we believe we can excel at almost anything […]

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]]> Importance of Training and Development for Employees

What is the importance of training and development for employees ? There is the saying you probably hear a lot — practice makes perfect. It encapsulates what most of us consider to be true. No matter how challenging a task, we believe we can excel at almost anything through continuous effort and perseverance. However, what if there is no room for improvement and practice?

Importance of Training and Development for Employees

Importance of Training and Development for Employees

Many business owners fall into a false sense of security, assuming their employees will seek opportunities to expand their knowledge and skillsets independently. This wishful thinking could endanger an organization in many ways — from increasing turnover rates to lowering employee productivity and creating a toxic work culture.

Whether conducted in-person or online, training programs allow employees to understand multiple roles, move into new positions, stay up to date on changes in their industry, and strengthen the essential skills to perform their tasks. Here is a more detailed explanation of the numerous benefits training and development programs offer employees:

Helps Learn New Skills

The world is constantly changing, and with it, the skills required to be successful in the workforce. Training and development programs allow employees to learn new skills relevant to their current job or valuable in a potential future role, but of course, a PPM software helps improve resource management, organisation and productivity. It is a useful tool for streamlining your organisation.

It’s not enough for employees to be experts in their current roles. They need to be able to expand their skill sets and take on new challenges. These often include getting familiar with new software tools, whether it’s a eave’s intelligent VoIP phone service for customer communication or antivirus software necessary for securing your company’s sensitive data.

Employees who participate in training and development programs are also more likely to be promoted within the company. They may also be given more professional growth and development opportunities, such as attending conferences or taking on new, more complex assignments.

Helps Move Into New Positions

Employees have the potential to grow in multiple directions. However, it takes time and effort to figure out where they want to go. A training program helps employees explore different career paths within the organization first. A detailed study of industry trends, business objectives, and the role of other departments will help them determine if their skill set is a good fit for that position or which professional areas they need to improve to get there.

It’s a win-win situation for both parties — employees can find what they like, and the organization gets well-trained workers essential for its growth.

Improves Productivity at Work

Employees who are constantly learning and expanding their knowledge are more productive than those who are not. This is because they can apply what they’ve learned in their training programs to their work tasks, resulting in a more efficient work process.

In contrast, workers who aren’t sure how to complete their tasks may be spending a lot of extra time trying to figure things out on their own. While it might seem like an innocent mistake at first glance, these minor problems add up over time and lead to bigger issues down the road if they are not addressed immediately.

Over time, this can even lead to reduced employee morale and even low engagement scores — which eventually impacts an organization’s bottom line in terms of lost revenue or increased expenses.

Helps Build Teamwork Skills

The best way to learn is from those who are more senior in the company. Learning from the best allows employees to learn from specialists who have been in the industry for years and have faced numerous challenges.

In addition to solidifying an employee’s understanding of their role, training programs also strengthen relationships among co-workers. They provide opportunities for senior employees to teach their peers, establishing strong relationships and encouraging collaboration among employees. As a result, training and development programs offer employees the opportunity to learn about different team dynamics and work effectively within a team. This is important, especially for those who work in collaborative environments.

Helps Develop a Strong Work Ethic

At the end of the day, hard work and diligence are what separates the most successful professionals from the rest of the pack. Training programs contribute to developing strong work ethic skills by allowing employees to learn new skills and become more knowledgeable about their industry. This, in turn, results in improved performance and a greater commitment to the company.

Employees who attend training and development programs are usually more motivated to do their best work. This is because they understand the importance of continuous learning and how it can help them improve their skillset and career prospects.

Provides Competitive Advantages for Businesses

Training employees on advanced technologies or industry-specific tools used by competitors can give your business a competitive advantage over others in your field. While technology changes rapidly over time, training programs allow employees to stay on top of trends that could affect your business in future years.

It also gives you an edge when dealing with clients from other industries. After all, customers want products that meet their needs while being convenient. Of course, this approach only works if your team members possess the right amount of knowledge required to respond intelligently to client inquiries regarding your products or services.

You can also make your business stand out from the competition by providing clients with additional services that they haven’t experienced elsewhere — such as easy-to-understand user manuals or instructional videos on social media channels. Regardless of how you choose to set yourself apart from competitors using training programs, it is almost always worth the investment due to potential savings in both time and money.

Conclusion

The importance of training and development for employees cannot be overstated. It provides the skills and knowledge needed to become a more effective employee and leader. Furthermore, it helps business owners retain talented employees who could otherwise look elsewhere for better opportunities. As a result, every business owner needs to create a plan that includes training and development as a core component.

Effective training and development programs will help your employees grow professionally and reach their full potential. They foster a positive work environment and increase morale by providing an opportunity for professional growth.

On a final note, it is essential to remember that each organization is unique. A training and development program that works for one company may not work for another. As a business owner, it is your responsibility to create a company culture that fosters learning, growth, and development. The team you surround yourself with will depend on the type of culture you create.

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]]> Green Development: Huawei To Lead Green Tech Solutions For The ICT Industry https://www.footballthink.com/green-development-huawei-to-lead-green-tech-solutions-for-the-ict-industry/ Wed, 27 Oct 2021 15:51:22 +0000 https://www.openbusinesscouncil.org/?p=16749 The world is witnessing an increasing demand for wireless networks, projecting an unprecedented rise in data traffic in the near future. Tech advancements made to satisfy this demand should go in sync with the goal of reducing carbon emissions by the ICT industry. As part of their social responsibility to grow in a sustainable manner, […]

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]]> The world is witnessing an increasing demand for wireless networks, projecting an unprecedented rise in data traffic in the near future. Tech advancements made to satisfy this demand should go in sync with the goal of reducing carbon emissions by the ICT industry. As part of their social responsibility to grow in a sustainable manner, Huawei committed at the Better World Summit (Dubai, October 18) to incorporating green development as a key pillar of their business operations.

Huawei, one of the leading global providers of ICT infrastructure and smart devices, hosted the Better World Summit (BWS) in partnership with Informa Tech in Dubai on October 18, 2021. The event marked both companies’ commitment to green development, especially in the areas of ICT related technologies. Throughout the event, both companies’ representatives laid out a battery of green, sustainable and more efficient tech solutions to cut carbon emissions drastically, including the creation of a platform to that end.

And that would be only possible thanks to a collaborative effort of the network industry, materialized in the BWS under the Network Carbon Intensity (NCI) initiative, proposed jointly by the two companies back in June 2021. “With our innovative products and solutions, we will help operators cut carbon emissions and make their networks more energy efficient. We also want to work with operators and use ICT to better enable other industries to cut carbon emissions and become carbon neutral faster.” Bob Cai, Chief Marketing Officer of Huawei’s Carrier Business Group.

Bob Cai went on to assure that Huawei has set out on a mission to bring industry partners and operators together. For the CMO, this is a key step to share their latest and innovative technology and practices, cutting down carbon emissions and contributing to a greener ICT industry.

Taking place in the thriving city of Dubai The Better World Summit: Green ICT for Green Development gathered world-recognized speakers such as Richard Mahony, Vice President of Service Provider Markets of Informa Tech; Dr. Dena Assaf, UN Resident Coordinator of the United Arab Emirates; Dr. Ahmed Bin Ali, Corporate Communications SVP of Etisalat; Hervé Suquet, Group Energy SVP of Orange; Dirk Karl, Chief Procurement Officer of MTN; and Tanveer Mohammad, SVP of Global Operation of Telenor, and more.

The Role of the ICT Industry: Building Greener Network Solutions

While delivering his keynote speech “Green 5G Lights the Way to a Low Carbon Future ” Aaron Jiang, Vice President of Wireless Product Line, Huawei, presented the promising aspects of 5G technology as a rapidly emerging innovative engine to drive the growth of wireless networks.

He emphasized that: “In this context, we must innovate equipment, sites, and networks from end to end, to build green 5G networks that will facilitate low-carbon development”.

5G has become an essential wireless technology for industries, allowing for:

1) Enhanced Mobile Broadband, which enables faster data speeds as total capacity is expanded. This helped the introduction of first-edition 5G smartphones and fixed wireless access (FWA) services;

2) Ultra-Reliable Low-Latency Connectivity, which is essential for autonomous driving, industrial automation and remote medical assistance applications; and

3) Massive Machine Type Control, which ensures 5G mobile networks are able to connect millions of devices per square kilometre – essential for the development of connected smart cities of the future.

Making this technology more efficient and greener is thus key to Huawei’s mission. The company is working hard towards that goal and has started to implement more efficient solutions in use cases all around the world.

Within that context, Huawei announced the flagship of their exhibition of various technological solutions for a greener future in “Innovation High Land” themed on “Lightning up the future” at Dubai, -that would remain open until the February of the next year-.

Mr. Cai told the delegates at the summit that, currently, the ICT industry enables other industries like coal mining, ports, manufacturing and agriculture, just to name a few. “ICT can make a great contribution to these industries to not only improve efficiency but to bring green solutions to realize carbon neutrality”.

For example, Huawei has deployed technologies like 5G, IoT, and cloud to agriculture in Switzerland to exemplify the application of technology for sustainable operations. To improve farmland management, it has partnered with others to use 5G empowered drones for targeted inspection of crops, intelligent computing, and control to reduce pesticide by about four-fifths, and herbicide use by half using AI on cloud. Mr. Cai assured that green ICT technologies will offer similar benefits to various other industries.

Tommy Stalden, Co-founder and General Partners of Giant Ventures, delegated the session “What a tech-enabled low carbon world looks like for consumers”. He lauded the technologies that Huawei showcased adding that it would help workers together even when they are apart.

R&D: Where The Green Tech Is Born

Huawei invests more than 10% of its sales revenue into R&D, pursuing innovations for continued improvements in efficiency. Its innovative solutions for telecom networks include algorithms for high-performance, technologies for effective heat dissipation, and the development of new materials. This promises to enhance energy efficiency in the telecom sector, as they showcased at the BWS.

With the aim to reduce its own carbon footprint, Huawei has installed a fully hydroelectric-powered R&D centre at Chengdu in Central China. Annually, while consuming 200mKWh of energy, it saves 177,000 tonnes of carbon. This is almost equal to planting 7.7 million trees. The company extends such efforts by assisting other organizations to cut their carbon emissions too.

Huawei also shared their Power 2.0 initiative at BWS. This is a result of its continuous innovation in the previous version of the software Power 1.0 (2018). After the success of its first version, this upgrade imparts a potentially more intelligent base station that can double its energy-saving performance. Aaron Jiang, Vice President of Wireless Product Line, Huawei commented, “Energy consumption is reduced by 25%, but KPIs are the same”.

Green Solutions At BWS

The company believes that end-to-end hardware innovation benefits in two ways- improving the energy efficiency of the device, and simplifying site construction in order to harness the maximum potential the site holds.

MetaAAU is one such hardware innovation to help the operators build green networks using an extremely large antenna array (ELAA). According to the field tests carried out in Hangzhou (China’s eastern Zhejiang), this reduces the power consumption by 30% while providing the same level of coverage.

Adding to the list, Mr. Jiang introduced Ultra-wideband RRU modules to integrate multiple single-band devices down into a single box with an ultra-compact form factor using ultra-wideband power amplifiers, advanced algorithms, and hardware units. This provides support for more bands and improves network coverage and capacity, without affecting power consumption.

The delegates learnt about the ultra-wideband RRU modules deployed 1800MHz and 2100MHz on top of the previous 2600MHz by a Russian operator, achieving a reduction in energy consumption by 16.4%, while improving the overall capacity by about 12%.

The company’s latest cabinet APM5950 can deploy outdoor sites with no requirement of equipment rooms or air conditioners, thereby reducing the overall site power consumption by 30%. This utilizes solar power to compensate for the main power consumption. This has been deployed in Greece, where the mains power consumption has been reduced by greater than 50%.

An intelligent innovation where service traffic collaborates with site hardware enabling it to adjust the power supply while maintaining the consumption efficiency, based on the traffic load, reduced the power consumption by 24% in Shanghai. Other features that enhance the optimal efficiency at the site operation include- service-adapted energy usage and service-driven smart temperature control.

One aspect of technology that could not draw much attention until recently has been achieving energy efficiency in antennas. Huawei has been achieving major breakthroughs here too. It has developed signal direct injection feeding (SDIF) technology through highly integrated design and advanced processing that is able to create a cable-free antenna structure. This facilitated a reduction in energy leak by the cables by eliminating about 100m cable length and eventually boosting its efficiency by 15%. Above that, with 20% lower transmit power, the same level of coverage could be achieved.

A Greener Commitment For The Future

According to the NCI initiative, proposed jointly by Huawei and Informa Tech, the new metric for green networks is the carbon emissions per bit of data used. Huawei believes that the pursuit of better lives must balance the need for lower carbon emissions. With BWS, Huawei takes a leap to realize its dream for green development.

Welcoming all industry partners and operators at the forum, Cai said, “At MWC Barcelona, 2022, Huawei will continue to hold a green development forum with its partners to share industry practices and latest solutions”.

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]]> Expanding Your Workforce: Crucial Things To Note https://www.footballthink.com/expanding-your-workforce-crucial-things-to-note/ Wed, 28 Jul 2021 17:55:38 +0000 https://www.openbusinesscouncil.org/?p=15928 It is important to plan any recruitment process. Every person you recruit needs to elevate the business in their own fashion, regardless of what level they are joining the company at. There is a range of options available to you when it comes to onboarding workers. The more creative you are with your solutions, the […]

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]]> It is important to plan any recruitment process. Every person you recruit needs to elevate the business in their own fashion, regardless of what level they are joining the company at.

There is a range of options available to you when it comes to onboarding workers. The more creative you are with your solutions, the more rewards your company will have to enjoy. Commit yourself to recruitment, and the best workers will answer your call.

Remember, a global work shortage is also in effect, so no half measures will suffice. You must compete more than ever before so that the most capable bodies can occupy your roles. Keep reading for some tips on how to improve your recruitment drive.

How Do You Use The Interview?

Know that job interviews are a more vigorous process than some employers might give them credit for. Use them to screen the candidate, but to say something about yourself and the company.

Play to the applicant’s strengths. Adopt a warm personality so the candidate knows they will enter a workplace that positions them for success should they succeed in the interview. Poise questions that invite longer answers, enabling the candidate to sell their qualities without restraint.

Refrain from using trick questions or otherwise creating an intense interview atmosphere. Understand that workplaces thrive on collaboration and infuse your interviews with the same energy. Give workers multiple reasons to want to work with you.

Look For Flexibility

Offer flexibility in your job opportunities to attract more applications. Consider the ways in which you can implement these measures.

Do not panic if fellow USA citizens do not seem interested in any agricultural roles you are advertising. Research H-2A visa law to bring in temporary workers from overseas. Ensure that you qualify first. Fulfil the strict requirements under the guidance of expert attorneys, and you will have foreign employees that will come and go as and when they are needed.

Try to include remote working schemes, flexitime, and part-time offerings for full-time roles where applicable. Introducing a compressed work week may also help reduce stress. Advertise the level of control successful candidates will have, and ad responses should improve.

How Do You Approach Advertising?

Avoid recruiting workers based on their desperation for a role. Present the job opening with passion for the firm and its employees.

Advertise your business with vigor and elaborate on all the benefits you have to offer. Provide a decent wage and sign-on bonuses that can incentivize new hires quickly. Bolster the amount of traffic flowing to your website with search engine optimization methods, improve your presence on social media, and participate in careers fairs at local institutions. Generate an exciting consensus around your firm.

Offer an employee referral scheme for your job vacancies. Involve existing workers in recruitment, and you can build the company together. Pay them for their services and help them to have a stake in the firm’s future.

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]]> Will Self-Driving Cars Ever Replace the Classics? https://www.footballthink.com/will-self-driving-cars-ever-replace-the-classics/ Thu, 20 May 2021 15:01:01 +0000 https://www.openbusinesscouncil.org/?p=15407 As Silicon Valley would have us believe it, in a decade none of us will actually be driving our cars anymore. That job will have been taken over by artificial intelligence and the concept of actually getting behind a wheel will be laughed at as an antiquated bastion of the old world. Yes, it’s true […]

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]]> As Silicon Valley would have us believe it, in a decade none of us will actually be driving our cars anymore. That job will have been taken over by artificial intelligence and the concept of actually getting behind a wheel will be laughed at as an antiquated bastion of the old world.

Yes, it’s true that technology is advancing at an alarming rate and self-driving technology is indeed within reach. But just because we can do something does that mean we should? Would you be as likely to step into a car without a driver as you would be to step into a plane without a pilot?

Taking baby steps

Self-driving cars are reported to be legally allowed on UK roads later this year, though with some rather significant restrictions. For example, the technology is legally limited to controlling the speed and position of a car in a single lane and it won’t be allowed to drive faster than 37mph. Not only that but the driver will legally be required to stay alert so they can take control within 10 seconds, if requested. So no sleeping behind the wheel. It’s more cruise control than self-driving if we’re being honest.

Human error

The major argument for self-driving cars is that the vast majority of accidents are caused either directly or indirectly for human error. Autonomous vehicles take that possibility almost completely off the table. The theory is that complete automation could save thousands of lives over the next decade. However, there are still many among us who would simply not trust a machine over a flesh and bone driver.

You can’t replace the classics

The final argument, of course, is that this new generation of self-driving electric vehicles could completely replace the glorious classic cars we’ve come  to know and love. However, we honestly can’t see that being a problem. Yes, classic car insurance might be costly and yes, some of the older  models might guzzle gas a little more greedily than is perhaps dignified in 2021 but there’s a certain charm and magic to these cars that will never be replaced by computer-assisted identikit drones.

We might be moving into an increasingly automated future with the likes of Tesla leading the pack as far as that tangent is concerned, but classic cars are not going anywhere anytime soon. These kind of beauties are never going to be retrofitted as automated or even automatic vehicles because the engineering behind them is too complex and too unique.

As such, as long as there are car enthusiasts and petrol heads willing to keep the love of four-wheels and the open road alive, there will always be classic cars and they will always be driven by you and me.

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]]> Improve Your Business Bottom Line https://www.footballthink.com/improve-your-business-bottom-line/ Sat, 17 Apr 2021 04:47:12 +0000 https://www.openbusinesscouncil.org/?p=15041 A successful business requires a lot of work to keep up with the competition and ever-changing industry demands. In order to keep your business lucrative, avoid stagnating and losing money, there are a few key things you can do to help self-promote and improve your cash flow.  You’ve heard the expression “Keep your friends close […]

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]]> A successful business requires a lot of work to keep up with the competition and ever-changing industry demands. In order to keep your business lucrative, avoid stagnating and losing money, there are a few key things you can do to help self-promote and improve your cash flow. 

You’ve heard the expression “Keep your friends close and your enemies closer;” this is solid advice when it comes to running your business. You have to keep a constant eye on your competition. Remaining competitive and keeping or maintaining your edge over them is only possible if you stay informed about how they’re evolving. How are they attracting their audience? Watch what they’re doing and learn from their mistakes without tripping over the same stumbling blocks. 

Ideally, both growth and profits should go hand in hand. If you find you’re sacrificing one for the other, it’s time to reevaluate your approach. Look into your finances and find where you can cut costs. Where are the majority of your expenses? Consider selling obsolete machinery or surplus inventory. If you’re in the medical industry, negotiate insurance contracts. Examine your credit terms. If changes can be made in any of these categories, you will save money and increase your cash flow. 

Business discussion

Grow Your Business 

To keep money coming in, consider making some changes to the way you’re currently conducting business. If you aren’t yet using social media to your advantage, you’re doing yourself a huge disservice. Visibility not only promotes your business but gives you the opportunity to forge alliances that can save you money. With a business that offers a complimentary product or service, you can save money by partnering up with advertising efforts.

Find services or products you can offer your customers that complement your current business. Add-on products can help to boost your profits. For example, if you run a tanning salon, consider offering tanning products your customer can use when they come in to tan.

Be money savvy. Investigate what you can offer in terms of discounts with prepaid accounts or subscriptions. When it comes to your accounts payable, are you being wise with your money by making payments on time? If not, you can be wasting money on late fees and other monetary penalties. If you have customers that consistently pay late, consider tightening your terms of credit. Lower the amount of credit you extend to less-than-ideal customers and consider using a collection agency to recover monies owed. 

When it comes to your liquid money, don’t just use any checking account for your business deposits. Look into accounts that offer a higher interest rate for the bulk of your deposits. Be sure to meet minimum balance requirements in accounts that have lower interest rates, as financial institutions may charge you for falling below an established threshold. Keep the rest of your money in a higher-yielding account. You could also ask customers to pay directly into the higher interest-bearing accounts to be sure you’re earning that interest from day one. 

Examine Contracts 

When you have an agreed-upon contract with a customer, be sure you understand exactly what you’re offering. If for any reason you have to provide additional services or materials, make sure you pass those costs along to the customer to avoid losing money for the sake of doing business. 

On the same token, offer your customers discounts for paying off their balances earlier than expected. Incentives to save money can influence those who can pay more to do so in order to get the best deal. 

To keep your income high and costs low, be sure to examine your current practices and notice where you can make changes to save money and put those changes to work for you. 

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