Energy is everything

Energy is everything.  According to physicists, energy is also everywhere. It forms our environment and our body and cells. It constantly moves and flows and thus energizes and gives us power.

Looking from a different perspective, every object, including a person has certain energy, which is either attracting or pushes us away. I am sure you have encountered people that you are drawn to, that have that appealing energy, and those whom you don’t feel comfortable with.

Have you also noticed that your own energy does not only attract other people with similar energy but also circumstances and events in your life?

Why should we protect the energy level ?

High energy level boosts action, creativity and positive vibe. Everything is possible. The life around is more accessible, more at ease.

The output you put forward creating from that positive feeling, will reflect in your work as well, attracting people and circumstances your direction.

Think of the last time you felt highly vibrant. Maybe you spoke at ease to your friends or to strangers, the tasks at work were all somehow easy to handle and the errands you had to run went smooth. You had a great day.

Wouldn’t it be nice if you could keep that level of energy? What if this is possible?

Downsizes of low vibe.

On the other side, when you are in your low energy, you are less immune to negativity. Things simply get on your nerves and you easily become irritated by little things not to mention those with bigger weight.

Low energy makes you tired and powerless. You do not feel like doing something. Things that are on your table seem complicated and take a lot of effort. Therefore, the expectation towards results starts to drop and is fear based.

If you try to create from a feeling of low energy, the content you create reflects this energy level as well.

Who wants that? Certainly not me. Luckily, we all can affect our energy and make it joyful and vibrant.

If you want to show up to the world as a person you want to be,  get familiar with importance of the energy and how to manage it.

Secondly, if you drive to have control over all the outcomes in your life, focus on controlling the energy instead. I am myself the “been there, done that” case. Now learning to release and allow more flow into my life.

Here are the two basic, beginner level tools that you can use to work around your energy level.

The first one is gratitude.

Buy yourself a nice journal or simply take a piece of paper and put down each day what you are grateful for. We tend to take all the good things for granted and focus only on those we lack. Change the perception. Focus on what you already have to attract more of the good stuff into your life.

By doing this simple exercise, you will feel good about your past, happy about your present and positive about the future.

I have just come across Dave Meltzer free app, that offers 30 day practice to say “thank you” as an act of gratitude. Great solution if we need additional stimulus. You might also google this gentleman. Great motivation.

The second one is the “conscious steering list”.

That simply is a list of things that make you feel good and a list of things that drag you down. You do not really have to put it down, however it is recommended to at least have it in mind. I actually physically wrote it for the sake of this post.

  • lit candles which create this soft vibe around home
  • catching up with friends
  • listening to podcasts
  • inspiring discussions
  • exercising
  • meditating
  • home décor
  • cooking

I have a lot of to pick from to bounce back and the list may go on and on

  • TV news around politics these days
  • Gossiping and judging people
  • Rudeness

I  consciously choose to avoid things and situation that are poisoning. And you can do it too.

Last, but not least, no one is perfect. Doing above exercises will not save you from a lousy day. For sure though you will learn that it is only you, nobody else, that is responsible for how you feel.

And most importantly you have the power to make the shift.

bitcoins

10 Things to know about Bitcoins

You must have come across the word. Bitcoins. Mysteriously sounding expression, still in its sounding connected to coins. That is some sort of money. That is some sort of currency.  Correct!

As bitcoins became this year a super hot topic across financial markets and not only, you should probably get at least some basic insight in what those forex specialist talk about.

Here is a short, lightly written list of things one should know about bitcoins.

 

  • It is less than 10 years old.

In 2008 Satoshi Nakamoto introduced the concept of cryptocurrency to the world. As such bitcoins started to be operated in relatively low number of annual transactions. In 2009 there were less than 10 thousand transactions worldwide. Now the number exceeds 10 million.

  • Bitcoins are not governed nor managed by third party.

This is typical for the “normal” kind of currency we deal with daily. Bitcoin is a peer-to-peer currency where transaction is only between the two parties involved without the administrator such as a bank or a visa or paypall system, etc. All transactions are recorded on a public ledger in the internet that is called a blockchain.

  • Bitcoins as currency is real but virtual or actually digital.

You could argue that all other currencies are nowadays digital as well. Money being transferred electronically between bank accounts less and less have a form of a paper. Thus, the range of cashless transactions increases every year.

Bitcoins have no physical form and they only exist electronically, however you can make real transactions;

  • Places that accept Bitcoins as means of payment;

The growing popularity of this cryptocurrency reflects the growth of places accepting it as legitimate payment. Among are travel agencies, online shops and services. Just to name few, we have Bloomberg, LOT Polish Airlines and Virgin Galactic, naturally, on the list. For more please refer to this page.

  • Bitcoin value is listed and monitored like all other usual currencies;

The value of one bitcoin has gone up significantly over last months. Few years ago its peak was noted in 2013 when the value hit USD 1200. This level was also recorded beginning of 2017. However than suddenly its value spiraled up to almost USD 5000.

That is a rise by over 400 percent.

 Five year bitcoin value - source www.xe.com

The return on investment seems very tempting and that is a reason financial world is giving so much attention to bitcoins nowadays. Still, as such situation brings risk of speculations, it is not recommended to use this currency as a long investment.

  • Where to buy bitcoins?

There is plenty of places where you can buy bitcoins. Check the spots in your local area if you are interested. It is quite amazing seeing the variety of available places.

Other, old school way to get bitcoin is to mine them. This way has lost on popularity due to its complexity or in other words the need to have some technical or coding skills. Although some claim that is not crucial. For mining, you also have to invest in special software first. And there is also a range of different available software offering different scope of profitability.

  • You can transfer money using bitcoins.

You can also exchange it for USD, EUR, GBP or any other physical currency.

The online exchanges offer the transfer to your bank account. And for exchange itself, you can use for example Bitsane.

  • Bitcoin is not anonymous

All transactions are recorded online on the blockchain. That is for the sake of transaction security and record. They are permanent and can not be hidden. Your login is visible as well as the balance of the transaction. Nevertheless, the real identity of the user is kept behind the nickname. It is only revealed during a purchase to the other party or in other circumstances requiring it.

  • Where are bitcoins kept?

Bitcoin is stored in online wallets. These wallets come with bitcoin addresses, which represent a destination, similar to an email address. If the wallet is lost, the money in it is gone. Therefore it is extremely important to pay extra attention to the security of your bitcoin wallet.

  • Is using bitcoins safe?

Yes and no. Yes, because all transactions are transparent and recorded. Over the years bitcoins became acceptable as a payment and a transfer financial tool.

No, because its spectacular rise in value brings high risk of financial bubble. It is extremely risky to invest long term in bitcoins.

Another risk factor is that if you lose your wallet, it is gone forever. The same happens if someone steals your bitcoins by hacking into your wallet. That suggests, you should first assure the safety of your funds.

 

Women in Davos

We just had an annual World Economic Forum held in Switzerland, known as the meeting in Davos. It has its history back in early 70’s 20th century. Having gone itself through some transformation it focuses nowadays on topics around the world economy, touching on most current political, social and technological developments. The event gathered this year 3000 participants from 90 countries.

The entry ticket is quite expensive. Both, membership for a company in this non-profit organization and the ticket sum up to two digit thousand US dollar fee. Just to give you an idea why the cost is so high, among the speakers this year was Donald Trump, the newly elected president of America,   the very first   president of China, Xi Jinping and Christine Lagarde, the managing director of International Monetary Fund.

Since 2011 the WEF has the focus on gender parity.  It has introduced since than the gender quota meaning that strategic partners are requested, that for every five executives that are attending the meeting, one of the executives must be a woman.

 

Davos women participation

Davos women participation

Among female leaders attending the conference, there is General Motors CEO, Mary T. Barra, Lloyd’s of London CEO, Inga BelaeWorld Bank CEO, Kristalina Georgieva or CEO of Sustainable Energy for All, Rachel Kyte.

Top organizations and top positions. Still the share of women is far from the 50%,  one of the goal of UN global sustainable development .

It seems that gender representation in Davos reflects the split across leader positions worldwide. I wouldn’t say that is fundamentally wrong.

I am of the opinion that it is not the gender that defines one’s ability to lead or in that case to participate in a conference.

But am I right?

I sometimes come to a conclusion that my opinion is blurred by my early life experience. Raised by a widowed father with an older brother and his male friends I was most of the times very much included rather than excluded from what you call a masculine environment. Although I believe that my childhood had quite an impact on where professionally I am today, I also believe that my gender is not an obstacle.

Still I have also experienced gender bias. Many times.

It’s not that I am complaining about it. It is just a fact.

So in my perception I am stuck somewhere between if you want to achieve something you will do it regardless the gender and…women sometimes have it harder.

The topic of gender equality is deep and I don’t want to dive into it here.

It makes you think of it though when you come across an article like a Davos insight by Katrin Bennhold.

3D Printing shaping the future lifestyle

Despite its beginning in the 80’s 20th century, 3D printing exists broader in the news for last three to four years. Over this time, scientists and innovators from different fields have been trying it more and more in different industries.

In 2013, McKinsey pointed it as one of the technologies that will transform our lifestyle in the future.

This transformation will have an impact on global economy and therefore the technology is named disruptive.

Now it may feel awkward to accept some (if not most) of the products printed instead of produced the normal way. The normal way may however become the old-fashioned way in the future. Just think of last ten or twenty years and what we see nowadays as a must of existence. Internet, WIFI, mobile technology just to name few. Likely followed by cloud tech, advanced robotics or 3D printing.

Without arguing on the likelihood of scientists’ prediction, let us have a look what we can print in the year 2016.

Fashion Industry

After more or less successful prototype designs made in the workshops of innovators, 3D printing stepped into the world of haute couture.

The use of the new technology in the industry rather traditional in its production techniques is a critical step forward.

 

3d-printed-chanel-suits

3D printed Chanel suits

 

The Costume Institute’s spring 2016 exhibition MANUS x MACHINA held at the MET Gallery in New York presented much more examples of mechanic design vs the manual in the high-end fashion.

 

Interior Design

Very popular in the area of modern interiors, 3D offers possibility to create forms that would be impossible to make using traditional technologies.

 

3d-wood-printed-furniture

3D Wood Printed Furniture

Architects go even further. The ambitious Dutch are using the additive manufacturing technique to build an entire house !

 

Food Industry.

The most questionable of all. When we think of the printed food, we suddenly visualize SF movie scenes. 3D printing so far is used though mostly to craft special design of food to give it a form of an art.

 

sugar-cake-blue-china

Sugar Cake Blue China

 

Still the science fiction movies are not far from reality. NASA sponsored a project donating $125.000 for a company to develop a pizza making printer. The printer is to serve astronauts during their missions on Mars. It was presented this year at the Food Loves Tech and is to enter commercial market in 2017

BeeHex at Food Loves Tech 2016

 

It is hard to assess at this point in time if the 3D Printing technology is just a hype or a real potential. For sure though it brings some advantage to producers. No or less material waste. Lower labor and transport costs with an impact on supply chain. It has also a big advantage in tailored production. An idea can go directly from a computer design to a finished product.

It is still some years to come for a wider consumer usage of this technology but that could speed up as the systems get cheaper and smarter with ongoing attention from research and development units.

public speaking

Public Speaking Tips

Public speaking is considered as being the most stressful thing right after the fear of death. When I learnt that I became both, more stressed about the idea of ever having to speak in public and relaxed as it was some kind of prove I wasn’t the only one finding it stressful.

Over the time I went from an overwhelming fear to perceiving public speaking as a positive challenge opportunity and a way to gain more experience with it.

Public speaking can be speeches given on a special occasion (inauguration, grand opening, jubilee), performance at conferences or the usual town halls given to your employees or work peers.

So far I have experienced the three types and can say they require different kind of focus and preparation.  I can imagine since we are not alike we most likely have a different set of tools that help us with it. But here is what works for me.

 

Have a structure to what you want to say

Structure means a plan and a sequence. In other words put the information you want to share and order it in a way that best suits you or would be the most accessible to your audience.  Planning is always the first step. You know it from other areas of living and working and it also works in case of public speaking. Remember about the opening and the closing. Think of ways how to engage your audience especially when having a longer presentation. Keep in mind that focus of listeners goes down after 15 to 20 minutes max.

 

Prepare and rehearse

For me preparation is the key.

Depending on a type of public performance, you may adjust the preparation accordingly. I usually practice short speeches aloud, testing the sound of my voice and the effect I want to achieve by saying particular things. It is not insane. I mean even Madonna rehearses before performing live.

For longer presentation, at least know a sequence of what you plan to say.

 

Visualize

That will help you getting familiar with what is ahead of you. Imagine the place, the audience. Visualize how you will feel getting on stage, starting your speech and visualize the reaction you will get from the public. At first the visualization itself can put you in a panic mood. And that is good as you can cope with your fear before. I was once taught by a professional speaker to rehearse in front of a set of items that I would visualize to be the audience. It was quite astonishing when I got frozen in front of my daughter’s teddy bears.  Still it made me realize the power of brain and how we see things.

As such visualization is definitely a powerful and helpful technic. Believe that you can do it and believe that it is going to be a success. Even if it will be the success just for yourself.

 

Await it as an excitement

The stage is yours.

It can be tough, however it is helpful if you convert your anxiety in an excitement. Either your brain can activate you to do something or it may block you from doing it. Fear stops you, excitement makes you go.

As Adam Grant puts it, instead of trying hard to relax by saying “I’m calm”, say I’m excited. We can’t switch off anxiety or at least it is a very long process. Instead, it is easier to convert one strong emotion, which is fear, into another one, which is excitement.

 

Breath and smile.

First thing you want to do in front of your audience is smile. It is natural reaction that people will smile back and that already puts you in a calmer zone. Remember to smile as you present as well. It will help you connect to your audience. Watching your breath will provide oxygen and help you relax. Breath in, breath out and you will be fine.

public speaking

 

 

The things rich (successful) people do

Inspired through a session of motivational and inspirational speakers I listened to in a conference this week I decided to share the set of knowledge that is to make you rich.

Realizing that this kind of advice is often met with sarcasm of disbelievers, I can only say that reading it can either give you some valuable suggestion or be at least checklist for you.

As my friend says it does no harm to listen to a successful person once in a while.

What was striking listening to the speakers from different backgrounds and nationalities was that they all more or less were driving at same recommendations that will lead to your wealth.

Be optimistic

Your mind has an enormous power. This we’ve all heard many times. Mind has influence on your health. It also has influence on your business or career.

If you don’t believe you can do it, you will not do it. Simple as that.

It’s not about believing in miracles. It’s about having the strength to get up, try again, and try differently after you fail. Optimists look for a lesson in every failure they face. They are not blaming other people.

They are thinking about what they want and how to do it.

If you are optimistic, there’s higher chance of perseverance and achieving what you want despite the obstacles and effort on the way.

Set goals

Sounds easy however when adult people are asked to give their goals which are specific, measurable and time set, it gets challenging.

It’s said that only 10% of people have actually written and specified goals.

What people mostly refer to when thinking about goals are wishes like “I want to be happy”, “I want to be healthy”, “I want to travel”, “I want to be rich”.

The thing is wishes have no energy behind.

So instead saying I want to travel, say I want to go to Thailand by the end of next year and then work around that.

Act

Getting clarity on your goal will not lead you anywhere if you don’t start working on it.

Make a list of things that are needed for you to achieve your goal, prepare plan of action and make the first step.

It’s like when you implement a project, you work with a plan, step by step. Sometimes smaller, sometimes bigger but you are moving forward.

Learn and explore

Some say school graduation is not the main factor to make you rich. I’d say it isn’t the main factor but it helps. It’s also not that much about the titles you have but what you know in general. It is how much you know about the possibilities to develop further that may be around you.

Learning has two more advantages. It makes you more intelligent and you can do more things.

Do what other successful people do

Life is short and it is much easier to follow someone’s footstep rather that inventing the wheel. To make it simple, look for a successful person in the field you want to develop and ask for mentoring or make a research what steps in career he or she took. To put that in other words, hang out with people smarter than you. They are a positive motivation and will help you implement good habits to your daily routine.

 

 

Social Media Marketing.

The Secrets behind Social Media Marketing

Learning about social media marketing in pursue to find the best way for myself I came across diversified and valuable information.

Here’s the core I want to share with you that will help you find way to improve your marketing efforts and perhaps give social media a(nother) try if you haven’t so far.
Key advantages and benefits of social media marketing
Social Media Examiner publishes an annual report analyzing the social media marketing industry in details.

Below I focused on the extract related to benefits determining or better said convincing one should decide using the tools social media offer.

social media marketing

  • Increased exposure – The time you need to spend on building your brand in social media effectively should be 6 hours a week or more. Nevertheless it’s said that the 6 hours is already sufficient to some extent. The success also doesn’t happen overnight so one has to be consistent and patient. Usually after a year your brand will definitely get much more exposure for your business;
  • Increased traffic – a result of increased exposure. Your site through the brand building gets more visitors and the traffic on your website goes up;
  • Developed loyal fans – this one is not just an outcome of being present in the social media but being present in the right context to your audience. More on that down below;
  • Provided marketplace insight – one year experience gives already a good insight in what your competitions is doing, what are the current trends and what is important for your audience;
  • Generated leads – very much connected to the market insight. The more you know the more you can make use of directly or indirectly;
  • Improved search rankings – over a year presence in social media assures as per marketers for significantly better results in search engine rankings;
  • Grown business partnership – there is also a straight correlation between time spent in social media and gained business partnership;
  • Established thought leadership – that is grow to a position of recognized authority in their field of specialization. For that however you would need to be present with your quality content for more than 2 years as per the report’s findings;
  • Improved sales – most marketers commit social media marketing helps them boost their sales. Most of the time it’s the outcome of building a brand but not always. This one needs more analysis to get to measurable results and often depends on the brand itself;
  • Reduced marketing expenses – the marketers using social media for longer time could see much less expense on marketing as such;

 

What should you pay attention to when using social media for marketing
Above presented facts should be supported with a touch of something I like to call emotional skills.

To put it simple, it’s not just about being present in the social media. It’s about being present to your audience with content that is valuable for them. Sounds logical but in fact this requires a thorough study about the market you want to be in and the target audience you want to reach out to.
It’s all about your audience. Think of your target audience, visualize it. How do they look, what do they do, what are their values. Perhaps it’s the girl in below picture.

Young smiling woman in white t-shirt and hat sitting with surfboard on the roof top on the white city background in the morning

First of all the content has to be adjusted to it. Furthermore many specialists stress the quality of content. Giving it a thought I came to a conclusion it’s better to focus on style and form that best suits given audience.

In other words it’s not always about the top quality in its general meaning. It’s about the quality that best appeals to your audience.
Last but not least in order to build a relationship with your audience it’s important to engage in a dialog. If recognized, recognize back.
Mrs. Susan Genelius describes it neatly as 10 laws of social media marketing.

 

What doesn’t work any longer?

Since digital marketing was born it concentrated its effort and expenses on branded content. Companies, sometimes even hiring top class Hollywood directors, created short movies and stories to break through in culture.

The almighty digital network has however also changed the cultures and ways they react to the surrounding reality.

 

Idea Commercial Planning Marketing Brand Concept
What are the new trends?

As per HBR review on Branding In The Age Of Social Media it’s the crowdculture that plays the role at present and (nearly?) decides on success of a given brand or trend.

Quoting the article, to brand effectively with social media, companies should target crowdcultures.
Nice thing about social media is its audience reacts very quickly to context, it senses rapidly what’s cool and trendy and what will not fly. Marketers nowadays can thus adjust their strategies accordingly.

What’s nice about it makes it complicated at the same time.

I wonder what is your experience with social media branding your business.
It would be very valuable if you share your thoughts with me and the rest of readers. Please do. After all it’s all about crowd sharing and shaping nowadays…

The most powerful and influential women of today

Meet the most influential ladies of today.

Below is not a ranking but just a list or better said the tip of an iceberg of the most influential women in their fields and specializations but also having broad impact outside the scope of their daily professions.

Hillary Clinton

The lady doesn’t need an introduction. A Yale Law School graduate involved in politics for her entire life. After being made known to the world as the first lady in years 1993-2001, she became the first female elected as the senator from the state (New York) where she served until 2009. A US Secretary of State until 2013. Very much engaged in the area of women rights and empowerment. One of the best paid speaker in the US (6 digit numbers) and very probable President of the United States soon to be which same will make her the most powerful woman in the world.

Sheryl Sandberg

COO (Chief Operating Officer) at Facebook and former Google executive. Sheryl founded organization called Lean In and is an author of bestselling book under the same title. The organization’s mission is to inspire and encourage women to engage in business and take on leading positions.

In the past years she has been named one of Fortune magazine’s 50 Most Powerful Women in Business, Time magazine’s 100 most influential people in the world, and the Wall Street Journal’s 50 Women to Watch. 

Anna Wintour

Said to be the most influential woman in the fashion industry setting trends for coming seasons. Born in England, editor in chief of American Vogue since 1988. We all know the name, nevertheless it had to be mentioned for the purpose of this list.

 

Angelina Jolie

Famous actress and UN ambassador for refugees. Called as one of the most influential and powerful people in the American entertainment industry. Among other causes her example gave adoption of children from 3rd world countries a lot of attention starting same a kind of a trend among celebrities. In recent years we also faced a so called Angelina effect that caused an international flood of BRCA1/2 mutation tests and an increased rate of mastectomy.

 

Meg Whitman

One of the most powerful ladies in technology sector. Former CEO (Chief Executive Officer) at eBay in years 1998-2008 which she developed from 30 employees to 15.000 with annual revenue at level of $8 million. Time being serves as a president and CEO of Hewlett Packard Enterprise (splitted company of HP in 2015). Meg Whitman is named self-made billionaire with net value of $2 billion and is ranked #14 of the most powerful women by the Forbes magazine in 2015.

Susan Wojcicki

A silicon valley native, starting as one of the first employees of Google. She was the driving force at Google to acquire YouTube in 2006 and became CEO of the company in 2014. Ranked by Forbes #9 of the top 100 powerful woman in 2015.

 

 

Keep your head in the cloud. Cloud Technology – disruptive trend.

Cloud technology broadly described as cloud computing is another technology characterized as disruptive.

Disruptive technology means a technology that is to have most probable significant effect on development in economy.

The impact of this specific technology will create various shifts.

  • There will be changes in cost structure of organizations.
  • The shift will also regard flexibility of available IT solutions.
  • Last but not least it will impact employment areas.

 

So what Cloud Technology (cloud computing) is?

As McKinsey describes it smoothly it’s any service that is delivered over a network or Internet.

What is meant under the term “service” is data storage or process applications tailored at customer’s need (SaaS –software as a service). It’s also IT platform (PaaS) or entire infrastructure (IaaS).

In other words it’s a combination of hardware and software recourses delivered over internet as a service. Some other say cloud is becoming the core of IT architecture for the new generation of information systems.

It is said that that the cloud wave  that is approaching is bigger than most people think and thus we have to accept that it will become our future and close reality.

Among key advantages are limited investment in in-house hardware or programming, flexible and delivered on as-needed basis solutions. In other words, you don’t have to spend money on IT infrastructure until you don’t physically need it. An ideal scenario for many companies.

Among key concern is privacy of data which was additionally heated in the media when nude photos of various celebrities  saw the daylight.

 

Cloud Service providers have an answer to that. You may chose among public, private and a hybrid cloud.

The most safe but most expensive at the same time is private cloud. It is (can be) still located outside the premises of the company using it, however access is restricted to the single organization.

Cost rationalization pushes users into direction of using hybrid clouds that is combinations of public (for less or no confidential data processing) and private where data confidentiality is strict.

There are also community clouds that are shared between organizations, usually used in case of joint data management systems.

 

types of cloud technology solutions

source: http://www.cloud.sarl/types-of-cloud-computing/

The other big concern steadily surpassing the privacy related one is the lack of resource in terms of skills needed to assess what cloud services are really of value for a company and how to implement and optimize them effectively.

The future.

Analytics estimate the cloud technology market value will reach $400 billion globally. The share will be more towards developing markets and small and medium business, that is those more agile and prone to test new solutions, especially when less expensive.

The cloud computing will also result in shift of working force. Companies, as to a larger extend equipped with off the premises solutions will not invest in IT in house knowledge. The expertise will still be needed of course. Though the place of the need will shift to the more specialized IT centers.

In fact, cloud is already becoming a reality for majority of companies worldwide. As per Rightscale’s Cloud computing Trends Report 2016  , over 95% of respondents representing regional and global companies, report using some cloud solutions. The trend continues to rise every year.

 

cloud technology used

The cloud services will also make the IT services more accessible to the market. That will result in the development in the area of entrepreneurship, often requiring lower business entry costs.

 

A Love Affair of Fashion and Tech. Meet wearable technology

The world of music and technology has been a couple for many years. Now it’s the fashion and tech that seems to get closer with every year passing.

It’s in the starting phase. Still it’s interesting to see where it is going and what the ideas are to use the technology in clothes and accessories we wear daily. With style.

Google glass and IWatch have been given a lot of publicity. But what else is there worth our attention?

Here is the selections of things that perhaps will jump shortly on your wish list.

 

  • Fitness tracker. A cooperation of Fitbit and Tory Burch.

Beautiful case covering the tracker designed by Tory Burch gives the regular gym class device an elegant touch.

tory burch

 source: ToryBurch.de 

 

  • Bracelet charger. Case Mate Lightening Cable Bracelet

Rebecca Minkoff teamed up with Case Mate to provide us with a leather bracelet that converts into your iphone charger while on the go and in case of need.

rebecca minkoff

 source: nordstrom 

  • Smart Ring. This lovely piece provided by Ringly connects with your Iphone through an app.

The ring is to alarm you about the feed you want to be notified. You may set it to let you know about incoming emails, messages or new stories in your social media or selected apps. No need to keep your smartphone lying on the table or taking it every minute out of your bag while you in the meeting or at a club waiting for a message. Plus the ring looks edgy and classy.

ringly

 source: https://ringly.com/ 

  • Now imagine a bag that will change its looks depending on your mood or the weather outside.

VanDerWaals offers a handbag that changes colors to suit your outfit, mood or surrounding. It just needs a connection through an iOS App. The bag also notifies you of incoming phones.

3

 source: http://van-der-waals.com/ 

  • How about some light in the inside of you bag?

If that’s something you have dreamt of you have to see the Glass Handbag. It is a lovely combination of great design and technology. The bags have built in lighting system.

glass

 source: http://van-der-waals.com/ 

 

  • Last but not least. Fitness tracking smart bra.

After teaming up with Ralph Lauren to introduce the Polo Tech Shirt, OMsignal, a Montreal-based maker of wearable-technology products is just launching a product tailored specifically for women. It is not only to give you tracking on the usual parameters such as calories burnt or heart rate and distance. The designed biometric coach will evaluate your effort vs you goals and will tell you if and how you can try harder.

bra source: http://urbanwearables.technology/ 

 

 

It’s a lot to look into and it is just the beginning of the boom within the wearable tech.

I don’t know how about you but as a start I am going for the Rebecca Minkoff killer charger bracelet !

BIG Data for beginners – 3 things you should know

“Ten years from now when we look back at how this era of big data evolved…
We will be stunned at how uninformed we used to be when we made decisions”
(Billy Bosworth, DataStax CEO (2015))

This quote drawn my attention and put into perspective the life we are leaving today when it comes to taking decisions.

The more that I’m already quite stunned thinking of how we could communicate in the era of no mobile phones (?!) Even though I had my first “cell” only in my 20s it’s hard for me to recall how it really was before.
I think we must have had some super power of sub conscience that made us meet friends at given time as an example 🙂
If our life is to change that significantly, when Big Data comes to use, there must be something to it.

So, what is this actually?

As per Gartner, Inc (Tech research and advisory firm), Big Data is characterized by three-dimensions.
The high Volume of information, Velocity (the speed of data coming in and out) and Variety of information assets. The definition is referred to as 3Vs. Based on concerns about the quality of data, the 4th V has been classified as Veracity (candidness). If all above requires specialized technology and analytical methodology for its transformation into valuable information, that’s Big Data.
To be honest, above explanation makes me visualize the concept somehow but I still can’t embrace it.

Let’s explore it further…

To look at it in a simple way it is the data that floods us with enormous waves on a daily basis. But it’s not the size of it that matters but the importance how that data can be used if properly analyzed.

Where it comes from?

The data comes from us and the devices we use. Using internet, we generate data, which web pages are most popular, what topics and where. Another big source is in social media. I know some of you think just now – I will never have such an account as I don’t want to be used as data source.
If you think you can avoid that you are practically wrong if you are a regular behaving person. Our Smartphones have sensors producing variety of data like our location, speed or phone calls we make.
I think it’s true to say that sensors are everywhere recording traffic flows, temperature, number of store visitors, types of meals we order at Mc Donald etc. Use your imagination. It can be frightening but that’s the way it is.
The source for data comes also from transactions we do, invoices we issue, delivery records we store, city cameras but also from machines and industrial equipment. From everywhere.

Who needs it?

We hear for years that information is the power. It can be easily assumed that those interested in information/power will reach out for Big Data.

At the moment it’s mostly or most effectively used by Google and Facebook but there’s potential for other industries like Finance, Health Care, Manufacturing, Retail and much more.

The raw, uncategorized data as such is worthless if it’s not processed and analyzed. Time being it’s stored but the majority of it just waits to be used in future. As per SAS only 0,5% is analyzed whereas 33% is estimated as data that could deliver valuable information. And that information is to provide knowledge helping businesses and industries taking more effective decision.

The amount of digital data generated is overwhelming and it constantly continues to grow.

source:Data Never Sleeps 2.0, Josh James

As published by Data Never Sleeps 2.0 infographic, there is following input a minute.

  • Facebook users share nearly 2.5 million pieces of content.
  • Twitter users tweet nearly 300,000 times.
  • Instagram users post nearly 220,000 new photos.
  • YouTube users upload 72 hours of new video content.
  • Apple users download nearly 50,000 apps.
  • Email users send over 200 million messages.
  • Amazon generates over $80,000 in online sales.

The problem with analyzing is that it requires specialized technology which is at the moment still developing and expensive. Hadoop is the name you should get familiar with as it’s at the moment the most commonly used software for data analysis and computing.

Another challenge is analytical talent that is people capable to build useful models that would use the information.

If you are at a point in your life when you think which path of career to chose, you should consider going into computing analysis. The demand for the skill will be huge.
If you are in business, senior executive in particular, you might want to think to direct investment in the area of computing analysis and of ways to attract the needed talent.

Digital Technology – Trends in 2016

One would like to say New Year – New Trends. Well there’s something about it.

Definitely the beginning of the new year is the best time to stop and think for a moment if the world around us is changing and whether or not this will have an influence on us.

The scope of areas where we can identify new trends is enormous however for the purpose of this article I want to focus only on digital technology.
Digital technology is vast developing area with daily developing infrastructure. We may observe a rapid growth of solutions that is built on existing platforms. Natural, one may say. Still the speed of changes is overwhelming.

The main things that I think will be more visible in our day to day in 2016 are:

– Mobile technology – this technology has bypassed desktop and laptops already and is going to be soon omnipresent. The number of internet connected reaches billions worldwide. It is also estimated that in only two years the percentage of mobile usage within that group will rise up to 90%. With that we see increased traffic in number of mobile applications that are launched. The trend is going to strengthen.

– Distribution – Indeed, the deluge of information available needs to find its way to get to the receiver. Otherwise it won’t get attention. Brutal reality. We are already more or less familiar with existence and workability of twitter, instagram, youtube and facebook naturally. I should name snapchat also, until recently popular among younger generations, nowadays valued by the business. Those however gain new rivals. New on the radar of popularity for 2016 is Netflix – fast expanding VoD platform. The company itself recorded an over 130 % increase of share price within 2015 and has just started the expansion to Europe, Middle East and Africa.

– Crowdshaping – one of the emerging technologies that is definitely the trend to shape consumer reality of every person considered as individual in the future. The technology is about collecting data of needs based on our habits and emotions.

Yes – the technology is ready to read our emotions and adjust the product/service accordingly. The nearest distant product of it is smart cities in terms of city roads system or crowdshaped police patrols. The outlook goes beyond that where most expected are adjusted television programs shaped live or customer service in restaurants, stores etc. that will be tailored according to customer’s emotions. Sounds a bit like “Back to the Future” becomes the reality…

Above will be reflected in marketing which develops in real time nowadays, using all social, economical and technological aspects of the present.
I love the expression used by specialists in the field, that there are marketers who let it happen, those who make it happen, and those who wonder what happened.
Indeed, if you’re in the industry requiring quick reaction to trends (which isn’t?) you should take above into consideration.

Mobile technology and means of distribution will have a lot to do about the branding of the product whereas crowdshaping will be the tool shifting the marketing from globalization to personalization of a product.

Women in business vs GDP

Can more women in business add up to the world economy?

We are living in times when boosting world economies becomes a challenge and belief in forecasts of growth is far from solid. Looking at already some good years back we come to conclusion we can’t fully base plans for economic or corporate growth on past performance or experience. We need to come up with additional and new ideas and use the unused power.

McKinsey report dated September 2015 gives the executives solution on a plate. More women engaged and involved in business.

This would mean eliminating of gaps in equality between women and men. Countries where this does happen have experienced or a proper word enjoyed a stronger economic growth. The report indicates that by using the potential of women in economy to the full, the global GDP would grow by additional 28 trillion USD in next 10 years! That’s almost as much as the combined total GDP of United States and China in 2015 (Respectively 17.9 and 11.4 trillion)

Using the potential of women’s participation in business in 100% is not possible as just to give a simple example it is sometimes a matter of personal choice how to allocate time between domestic and work life. However the aim should be to ensure equal participation rights and to ensure the free choice promoting this participation. Women constitute 50% of global population whereas generate only 37% of the GDP. Just this alone should be the prime argumentation in pursue for the equality.

Taking the realistic scenario – if the gap would be narrowed to mirror the best (highest equality rank) country in the region, the GDP would go up by 12 trillion USD. And that would mean that on average countries would have to do “better” by 42% compared to the state of today.

The World Economic Gender Gap Report presents the ranking where you may find 142 countries and where you may check where a specific country is at the present. The lowest gap is in Scandinavian countries and the biggest in the Middle East. One could say there’s not much more of an impact we may have looking at those two polar zones. Still there are many developed and developing countries and societies which can still do a lot.

What can country and business leaders do and ultimately what can you do to have an impact?

McKinsey report identifies six types of intervention helping bridging the gender gap.

  • Financial incentives and support – mostly under the governmental umbrella as related to cash transfers targeting girls to support their education or tax incentives when both partners working. Still the financial support can also be injected by companies offering scholarships for girls.

 

  • Technology and infrastructure – this goes from very basic as providing sanitation facilities for girls in schools to more sophisticated and technology driven as apps supporting female entrepreneurs.

 

  • Creation of economic opportunity – field to a large extend for private sector. Companies can build development programs for woman to prepare them moving into leadership positions. Time being the number of positions at the top of organizations shows an under proportional share of female executives.

 

  • Capability building – ensuring that women receive the package of training and education meeting standards of gender equality with focus on high quality knowledge such as science, technology, finance, digital literacy etc.

 

  • Advocacy and shaping attitudes – gender equality goes along the social equality. The first can’t be without the later.

 

  • Laws, policies and regulations.

In times where we face globally decreasing demographics in developed and developing countries where also aging societies become the reality, focus on the increase of women in labor force and business seems not just the socially right thing to do but very much the only way to go forward. Plus women’s buying power shouldn’t be neglected.

Mobile Internet – Disruptive Technology

Have you ever thought of how the surrounding technology influences your lifestyle and habits ? Have you ever thought how it influences your needs ? Or these are perhaps the needs that influence the innovation and creation of new technologies ?

In this and coming posts we will introduce some of the disruptive technologies of today and of the future. This knowledge may impact your business decisions of today or at least be an interesting topic to take up when meeting friends.

Disruptive technology is a technology that is to have most probable significant effect on development in economy. As observed by Joseph Schumpeter, a 20th Century economist, only a process of creative destruction can result in major shifts in focus, funds, creation of something new. One could find a reference to basis for a significant change outlined in the field of change management.

There is some good dozen of classified technologies regarded as disruptive.

Mobile internet is one of them. It is amazing to observe that something which has transformed into something normal over the years is changing our social behaviors but, or better said because of that shouldn’t be neglected in our business approach.

Mary Meeker has just released the latest 2015 Internet Trend Analysis. The report is extremely comprehensive and I encourage those interested in more details to get some more insight here.

Important highlights are that nowadays we have 2.8 billion users of internet worldwide. Calculating with usage of KPCB report and McKinsey report dated 2013, there is still expected over 3 billions of users to connect. That would mean that we may expect nearly 80% of global population to be internet connected in years looking forward.

It is also estimated that in only two years the percentage of mobile usage within the group of internet connected will rise up to 90% ! 51% of time spent in internet by adults in USA is that using mobile devices, an over 3 times more than 5 years back.

Well I’m quite impressed to be honest. On top engagement of users continues to rise.

What does it mean for your business? First of all, you have to be internet present, second of all you should assure your website is compatible with mobile devices. Even Google, the master of data collecting, has just recently started positioning websites with mobile functionality higher than those without it. Think of that…We’re living in reality where more and more people expect to get what they want with ease and speed. .. It’s also increasingly important to invest into mobile advertising which is on the rise at the moment and which still has huge potential of growth. Stay tuned…