Category: Business Improvement and Transformation

Business Improvement and Transformation

Can We Create Residual Income Streams For Computer Systems Developers?

In the video below on CxO Talk, I asked Fredrik Bruhn, CEO of Unibap about the future of work when robots take over.

In my view, as a society, we still need to create residual income streams for those whose expertise we use to create the future so we can take care of their future.

2 Takeaways From The 2019 Annual Meetings By The International Monetary Fund (IMF) And The World Bank

Last week, the IMF and The World Bank held their conference-style event in Washington D.C. These Annual Meetings bring together central bankers, ministers of finance and development, private sector executives and academics to discuss global issues such as global economy, international development, and the world’s financial markets.

Here are my 2 takeaways from the 2019 Annual Meetings focused on technology and cybersecurity including my related articles:

  1. TECHNOLOGICAL ADVANCEMENTS AND JOBS
    •  Impacts of Technology
      • Technology can help IMF membership countries to reach their development goals
      • Technology can create financial inclusion which:
        • reduces inequality
        • reduces poverty
        • increases overall growth
      • Technology can help remove inefficiencies in traditional financial systems
      • Technology needs an environment to flourish in innovation
      • Technology has to be:
        • Citizen-Centric
        • Goal-Orientated Innovation
        • Able to address cybersecurity
        • A key contributor to financial inclusion
      • Big Tech should abide by the same rules as Big Banks because they have:
        • Technology
        • Global reach
        • Established customer networks
        • Vast amounts of customer data
        • Access to capital
        • Brand recognition
    • Role of Central Banks in the Digital Age
      • Ensure systematic integrity
      • Reduce cost of services
      • Test crypto currencies as it relates to fiat currencies
      • Track crypto currencies in macroeconomics
    • Crypto for Transactions will Spread more Rapidly when:
      • Data protection laws are in place
      • Data empowerment is encouraged
      • Trust is needed for widespread adoption
  2. PARTNERSHIPS
    • Technology usage for finance is being tested by IMF internally
    • Technology needs partnerships at both private and public sectors for infrastructure needs such as electricity, internet access and internet speed
    • Technology should open standards
    • Technology interoperability is needed for cross-border and cross-currencies

Bonus: IMF’s conducted its own startup-style pitch event

For the 2019 Spring Meetings, here are my 2 takeaways.

For the 2018 Spring Meetings, here are my 2 takeaways.

Related Articles:

  1. SPICE FOR BUSINESS TRANSFORMATION
  2. 5 QUESTIONS TO ASK ABOUT STRATEGY
  3. 5 QUESTIONS TO ASK ABOUT POLITICS
  4. 5 QUESTIONS TO ASK ABOUT INNOVATION
  5. 5 QUESTIONS TO ASK ABOUT CULTURE
  6. 5 QUESTIONS TO ASK ABOUT EXECUTION
  7. 5 QUESTIONS TO ASK ABOUT BIG DATA

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What Is The Role Of Culture When It Comes To Transforming A Country?

In the video below, I asked Nadia Calviño, Minister of Economy and Business of Spain the importance of culture of countries when it comes to effective change.

In my view, when we think about transforming countries, we have to look at it from the three Es. These are:

  1. Education – Does the country’s education system teach the latest technologies?
  2. Ecosystem – Does the country’s ecosystem fosters technolgical change?
  3. Evoke – Does the country’s leadership evoke positive emotions for technological changes?

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Where Does Security Architecture Fit Or Not Fit With Enterprise Architecture (EA)?

In the video below on CxO Talk, I asked Edna Conway, CISO of Cisco about how architectures fit into each other.

In my view, Security Architecture is a subset of Enterprise Architecture. However, since security is important at all levels, a Security Architecture gets deep into and can work in parallel with Enterprise Architecture. At the user level, perhaps we should know the threats that are out there.

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Are There Tools, Worksheets, Anything Else Available For Cities To Become Smart Even Though They Aren’t Part Of Mastercard’s Initiative?

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