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Showing posts with the label technology

Should We Expect Greater Innovation in the Future?

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Will we see higher levels of innovation and skill development in the future ? When entrepreneurship creates new products , it forces human capital upward as companies adapt this technology to create competitive advantages . Today 's employment market is filling vacancies quickly and may soon begin to innovate again to find greater competitive strengths . Spurts of technological advancement are followed by greater demands for market skills that raise human capital formation (Gomes, 2011). As companies adapt to new technology , they will seek to hire and train employees to use this technology. Employment expectation will adjust education and schooling to meet new job needs . As the labor market moves closer to maximum employment capacity the cost of wages rises and pushes companies to adjust their strategies to focus on new competitive strengths. Technological advancement and integration is

How Technology is Narrowing the Gap Between Business and Academia

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Someday we might be looking back at those old laptops and cell phones and blow the dust off the keyboards as you would the cover of some rare hard bound book. Across the nation educational platforms are changing bringing with it uncertainty about the future of higher education. As technology disrupts the foundation of business colleges there will be a closer alliance between businesses and academia to generate new solutions that improve the skill sets of graduates. According to a Business Education Jam session it is possible to use technology to narrow the gap between academic and industry stakeholders (Freeman, 2014). The traditional gap that exists between academic knowledge and business knowledge is narrowing as stakeholders and universities take advantage of new technologies that offer a chance to connect at multiple levels. Technology has advanced to the point that communication is moving at a much faster pace than in the past. New generation technologies and the way these t

Port Negotiations Should be About Wages, Skill, and Technology

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We have heard a lot about ports and negotiations with workers that recently resolved itself in a tentative agreement. The Pacific Maritime Association and the International Longshore and Warehouse Union set upon some key provisions based on wages and benefits but have not yet completed all of the details. Formal announcements are still in the works. The ports offer an opportunity to understand how wages, benefits, skill, and technology should work together to create win-win situations. This dispute has been bitter and raged on for over 9 months with the White House having to put pressure on both sides to get things done. Arbitrators were accused of bias and workers are accused of slowing down port operations intentionally. Ships waited over a week to unload their cargo that has a negative impact on economic growth. Increasing trade over the past decade or so creates more product volume throughout the ports and this can have an impact on national commerce.  Larger businesses are a

Two Technology Complaints in Higher Education

Technology is often seen as the savior of higher education by reducing costs and increasing access. Not all people agree and disdain the breaking of ancient tradition with venom in their words. To be fair, technology can have either a positive and destructive impact on institutions and learning. Both the pro and anti-technology supporters have strong points of argument. Two common arguments are that technology fosters shallow learning and students are not reflecting on the material. Argument 1: Technology Fosters Shallow Learning: Anti-technology adherents find that the use of some technologies leads to shallow learning. Student simply post comments that lack insight-fulness to ensure they are meeting posting requirements every week. The learning model becomes more of mechanical process than a deep and insightful learning experience where students must challenge themselves to learn new things. The problem is that many traditional faculty are not sure how to use the technol

How E-Learning is Changing the Nature of Combat

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A Patriot Breeze by Dr. M. Abel Technology is here to stay while the development of higher levels of skill to effectively handle that technology is important.   A paper by Eparu & Atanasiu (2014) discusses the need to raise technological abilities through online training by encouraging higher levels of military systems development. The human ability to develop strategy and make political decisions is enhanced through proper systems and technological knowledge that allow for a more collaborative response to threats.  The nature of the battlefield has changed. Data and information can be drawn from thousands of data points to understand the situation and the potential for threat. Understanding how data can lead to better conclusions of current and future activities is important for improved performance.  The far majority of militaries are simply not prepared to measure, collect and properly use new information effectively. Misinterpretations of the data, improper mea

How Knowledge and Technology Improves Small Business?

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The Internet has contributed to globalization while small and medium (SME) businesses are finding the ability to connect with worldwide customers and increase revenues. Research by Vanyushyn, et. al. (2011) discussed the implementation of Internet technology for either structural improvements or marketing enhancements. SME adoption of new technology is important for their overall growth and innovative contribution to economic development. The Internet is reducing borders and spreading new technologies that create shifts in global structure (Kemeny, 2011). As information spreads, cultures change, businesses connect together, and commerce adjusts it develops a wider marketplace. A small business can be located in the U.S. but have customers from nearly any other place on the globe. Such changes were not possible a few decades ago. New information technology increases interaction between local governments, large corporations, and international organizations while SMEs impro