Wednesday, January 25, 2017

Some Filler Sentences

Technology exists today and early adopters are showing way forward.

Cloud computing started as a cost effective flexible way to consume storage and service but over the period it has become much more.

Big data is taking center stage powered by automation that is transforming how business is done today.

In order to sustain dynamic demand of  business, it is critical for any business to have analytics at its fingertip.

There were dueling predictions over how powerful the internet of things will be, but most indicates the market place will host 20k objects by 2020, signalling novel change in hardware.

Actionable intelligence is a necessity  in a dynamic world of massive information growth they empowers organization with crucial insights and enables decision makers to anticipate, respond and take action. They provide a basis for call to actions when there is eventuality of crisis.

We can't be defensive; we can't be future proof ourselves. We have to recognize that  the disruptive driven through technology, the volatility in change and be prepare to be agile and smart enough to take advantage of it.


Mass Communication

Mass Media/TV/Internet

It affects the behaviour, attitude, opinions and emotions of population that perceived and received the information.

Mass communication is the association with TV, print media, radio broadcasting, films, advertising and journalism. With such diversification new source of exploding social media and internet has created wave in communication.

The availability of 24x7 television channels and live telecasts of breaking news and events has posed an ongoing challenge to the business model of mass communication. The paradigm has also broadly shifted due to online feeds in fraction of seconds with advent of Twitter tweets and social media. The speed has changed the overall dynamics of mass communication.

The only problem with this speed is the authenticity of such information which when turns out to be false , it creates social tension, unrest, conflicts and riots. It leads to conducive social environment. The careful and thoughtful journalism has been compromised with alluring fate of cheap publicity in public domain targeting only negative aspect of community and wellbeing.

No doubt with an advancement of technology, world has shrink and become way compact but still the reality slips through the cracks leaving a wide gap open completely filled with hype.

Many mass media seem to be under siege of broad range of advertisement and marketing of product stills its proponents see this is the only way to combine events with consumer product. What if you see news telecast shows a devastating incident followed by promotional advertisement of life insurance? At some instance you will view this as insensitive and insane but it’s the only way forward to sensationalize and deliver while you sell.

The debate, analysis report, market trends, financial watch, real estate broad view had paved our ways of life.

When news broke, information spreads sporadically, with the blink of an eye stock market crash, farming to fishing  to traveling stays in lurch such an impact we have in our lives.






Globalization

Globalization/ Outsourcing/Offshoring/Immigration/Emmigration/Expat

Many analysts place the origins of globalization in modern times while other traces, its long before the age of voyages to the new world. In the late 19th century and early 20th century, the connectivity of the world’s economies and cultures grew very quickly.

Globalization tends to bring people into contact with foreign people and cultures. Xenophobia is the fear of what is perceived to be foreign or strange. It can manifest itself in many ways involving the relations and perceptions of an in-group towards an outgroup, including a fear of losing identity, suspicion of its activities, aggression, and desire to eliminate its presence to secure a presumed purity of its culture. Other points that extensive deterioration of the environment, the spread of new disease, increasing job challenges and alienation, which they claim are the unintended consequences of globalization.

Free trade and globalization seem to be under siege from a broad and load range of opponents.
For decades there has been a strong consensus that globalization brought more jobs, higher wages and lower prices, not just for richer countries but also for developing and poorer nations.

But many people, including world politicians are now voicing their angers as they see jobs are disappearing and waves of migrations disturbing the established orders and decorum.

China imports explains 44% of the decline in employment in manufacturing sector in the US between 1990 and 2007 according to a report by the Institute for the study of Labour in Bonn.

Part of that declines are due to the outsourcing of jobs to other countries but automation and more efficient processes have also taken their toll.

Unprecedented growth of trade in goods and services and spectacular expansion of foreign direct investment were powerful drivers in mid 21st century in human history.

Just look at inequality, 1.1 billion people have escaped extreme poverty since 1990 whereas 100 million people were lifted out of extreme poverty line.

The world bank, World Trade Organization and International Monetary Fund have made the issue a central part of their agenda.

The opponents of globalization and world trade feel their movements are making inroads with Donald Trump and Brexit.

With voices from the political right and left raising questions about the benefits of globalization, there is a broad base of discontent.

Globalization may be under assault from all sides but its proponents insist its revival is the only way of alleviating the discontent that now fuels its popularity.

Many service sector jobs are now under treats from outsourcing and offshoring, as companies try to save money by shifting their functions that can be done internally. What China has become to manufacturing, India has become to the new world of business process outsourcing which includes everything from payroll to billing to IT.