Risk is the potential of gaining or losing something of value. There are two parts to that statement, firstly potential, and the second, value. Sounds simple. And to translate these two components into something that actually means something, these abstract terms need to be made real. They need to resonate with each pair of eyes and ears.
The smartest companies are crafting new ways to identify and target the best people to hire. It’s been described as a ‘war’ for talent, and the stakes have never been higher for everyone involved.
Your success in sourcing the best candidates depends on how well prepared you are to win.
We have entered a new era of scientific breakthroughs and technological applications that will change life as we know it. Accelerated technological development is transforming our civilization. The pace of innovation is growing so rapidly that it is becoming exponential as each year passes.
Futurist Dr. Michio Kaku characterizes this blazing technological shift as moving from the “age of discovery” to the “age of mastery.”
This next decade beckons many new technological discoveries and applications. This includes genetic engineering and regeneration of body parts, new cures for diseases, artificial intelligence, augmented reality, nano-technologies, robotics, ultra-high speed trains and self-driving cars, renewable energies, sustainable agriculture, big data, 3-D Printing, digital security, quantum computing, mobility, and paper-thin flexible personal computers.
If you have ever been tasked with having to negotiate a better deal with Microsoft, you have most likely stayed up many nights trying to figure out how you were going to spin a 20% annual increase as a success. As the Microsoft Practice Lead at UpperEdge, I’ve had many opportunities to work with senior procurement and IT executives who struggle with Microsoft’s approach to the relationship at renewal time. I am no longer surprised when I hear stories of significant increases being positioned during renewals.
It is not hard to figure out why this is so often the case. When it comes to many of the products Microsoft sells, there is limited viable competition and Microsoft is already very much entrenched within the company that has been using its solutions for the past several years.