Tech Trends That Will Change How We Work Forever

Description: To you and me, the transformation seems gradual. Your business acquires more sophisticated tools, walls begin to disappear and fax machines vanish.

Source: Inc.com

Date:May 27. 2016
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First, your workforce trades in their pressed suits for business casual khakis, then jeans and, now, occasionally even shorts. On any given workday, only about two-thirds of your team is working in the office. The change is steady, like most sustainable paradigm shifts.

But imagine for a moment plucking your grandfather out of his mid-century office and dropping him in the middle of an ultramodern workspace. Would he even know he was at work? Would he recognize anything? Or would he spend hours searching for his Rolodex, typewriter and carbon paper?  read rest of story

Questions:
1.  What do you feel are the two most important trends?  Why?

2.  How do theses trends relate to the income statement paradigm that was discussed in class?

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73 thoughts on “Tech Trends That Will Change How We Work Forever

  1. Megan Thurlow

    I feel that the two most important trends are automation making over work and everything being measurable. I would consider the automation of tasks and jobs to be the most important as this has saved immense amounts of time and money. With the extra time employees have due to less time spent on tasks companies are now able to use their employees as a means to generate new ideas and knowledge, rather than perform repetitive tasks. Before computers were used absolutely everything had be done by hand. Accounting records, shipping services, order placement. This would have taken a much larger amount of time and number of employees in contrast to todays society. In regards to everything being measurable, companies can now use mathematical formulas to generate budgets and spreadsheets that most accurately guess the amount of recourses and money that will be needed to run the company as well as the time frame in which they will be needed. This is extremely beneficial as companies are no longer left in the dark, and now have a generally solid idea of how their operations will benefit them.

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  2. Cody Veltman

    I strongly agree with this articles position on the time constraints of the modern workplace. Flexibility simply makes sense today. With smartphones, laptops and even smartwatches keeping us connected to anything and everything it is easier than ever to perform work wherever and whenever. My job is to do the books for a gas station in Picture Butte and I am required to show up from 9 to 5when I am working an actual shift. I am a night owl, I would much prefer to stay up later at night and wake up later because it fits best with my lifestyle. Recently I started helping my boss out with the journal entries by going in twice a week at night and making my own hours and it has opened my eyes. I usually go in the evening and I can get my work done so much faster. By that point in my day I have been awake for a while, I have had a meal or two, I have been moving around all day and I am alert. Being in this state helps me be much more efficient, I can do the same job in a shorter time compared to when I wake up at 8:30am, shower, and arrive at work at 9:00 to sit in a desk and work through the books. If all the office employees could work when their mind is sharpest and they are most motivated I feel like the books would get done much more efficiently and with less error. In this case the Employer also benefits showing us that flexibility in scheduling at the workplace can be a benefit for both parties.

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  3. Jordan Slade

    1. Having flexibility in life and in the workplace i feel is key in improving productivity and efficiency and has shown to do just that. i know for myself in my work with cobra golf im able to pick and choose the hours i work and has made me a much better representative of the company. As i pick and choose what my potential career will be, having the ability to create efficient work time is key.
    2. The ability to have data on pretty much every single detail has cut down some of the wasted work from having to uncover and research some needed data. one of my favorite examples of having expansive sets of data is Sabermetrics in baseball and as i have discussed before in a different blog having sets of data on players in every key aspect has made scouting the next great talent that much easier and better for all 30 clubs.

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  4. Todd Bullock

    I think the two most important trends are automation taking over the grunt work, and everything is measurable. The automation of repetitive tasks has significantly increased the amount of production and has also allowed for more creativity in the workplace. By automating as many repetitive tasks as possible employers can count on consistency from the machines and more diverse and creative product ideas from employees. Having employees work on new tasks allows them to learn more about the business and find better ways to improve the work. Employees who have new tasks rather than repetitive tasks will be happier and more willing to work. This leads into measuring everything. A key aspect of any business is measuring where they are and are not successful, both within the workplace and out of it as well. Measuring machines and the capability and capacity they can handle is very easily measured. It is more difficult to measure to successful work of employees who have the freedom to work as they feel necessary. Putting in different measures to ensure that employees are working towards common goals and completing tasks is extremely important for businesses in order to make sure they are getting the most out of their employees.
    These trends relate to the income statement paradigm because they are increasing volume of production. Automation increases productivity and efficiency ensuring that the company can create more product more efficient in the less time. This automation creates data which allows management to be able to analyze and find areas to improve upon in order to increase productivity.

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  5. Michael Phipps

    1. Automation is taking over the grunt work and time and space constraints are disappearing are the two trends that I find to be most interesting to myself. In a lot of ways automation is talking over jobs and as well as creating them. Automation is redefining the jobs so that only the skilled can interact with the machines, and etc. creating jobs for the younger workforce while slowly eliminating the elder experience workers. This goes hand and hand with working any time. Saving time driving into work 9-5 plus commute. Being able to respond and solve problems in a few emails anytime of the day is good and bad. Personally I believe the way we are going will influence and change our family values and how our own kids will grow up. Being able to reach who you need 24/7 is important these days. We don’t have the time to be waiting for everyone to show up to work and get to their office before responding back to you.
    2. With these more flexible work hours has actually increase work productivity which in turn, increases profit margin. People can work any place and any time. Also, it’s nice for the fact people are more productive at different times of the day and that actually increases productivity. I know myself I am more productive at night. The more productive people are, cost the company less money. All these steps forward are going to save the company in the long run.

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  6. Stephen Primeau

    In my opinion, I believe that collaboration becoming a priority and the disappearance of time and space constraints have become the most important trends because they are definitely becoming evident with the rise of information technologies. Most employment opportunities require individuals to work with colleagues in a team environment, or at least collaborate with other employees to some extent. On the other hand, I believe that the disappearance of time and space constraints has also become important because it reflects the increasing amounts of time we allow technology to be incorporated into our lives. If individuals are able to be at while not actually being at work, then it would allow for more flexible employment opportunities. Employees might find this more beneficial in this sense that they could work on a project while at home taking care of a sick child for example. Ultimately, these are the two that I find are more prevalent in our lives, and thus can be more influential in the future which is why I ranked them higher than their others.
    I believe that this could be related to the income statement paradigm because it is encouraging employees to collaborate and work from their technology which could lead to less stress on individuals if their work is split between group members. It also allows them to jointly work together on projects while perhaps not being in each other’s presence. Therefore, the company might be encouraging employee productivity which could then to an increase in profits from the increased production that would be occurring. With regards to this, the company would also be saving money if they were to have to pay for less equipment if their employees had their time and work space contraints eliminated.

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  7. Blake Furgeson

    I feel like the two most important trends moving forward are automation of grunt work and collaboration in the work place. The advancement of technology is allowing companies to use technology rather than hiring employees to do the same work. This is saving companies money and allowing the workforce to shift towards innovation rather than labour intensive jobs. This allows employees to focus on intellectual jobs to improve the business rather than doing the same task daily. Collaboration is also important to look at because in the past there was an emphasis on competition in the workforce to create innovation rather than having employees work together. Companies now are realizing the results of collaboration between employees and it is currently providing more results than competition between employees did. Collaboration allows for numerous perspectives to be heard on a topic to enhance the understanding and increase the problem-solving ability of the company. Departments in a company can reach out to other departments on ideas to how that department should solve a problem, allowing more to be done. Rather than having competition between the departments pinning them against each other.

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  8. jessicapaulson

    I think the two most important trends are collaboration is a priority, and the time and space constraints. Due to the expansion of new technology there is an growing demand for innovation. I think it is becoming increasingly important for organizations to utilize collaboration the best they can. Collaboration is key to generating new ideas, and through innovation you are able to gain a competitive advantage and diversification. Organizations can achieve this by introducing a more open office layout. This is a good way to get ideas flowing, create team mentality, and encourage creativity. In my opinion a more open and modern layout is just more comfortable, enjoyable, and a less stressful environment. I think the second most important trend is the time and space constraints are disappearing. I think this is becoming more ideal for the millennial generation. With increasing technology and the internet of things employees are able to access our work from anywhere. In my opinion working 9-5 isn’t necessarily ideal for me and probably many others. People generally work differently than others and companies should maximize their efficiency of their employees. With the new technology VPN’s, cloud computing, video messaging, and the internet of things there is no longer a need for the 9-5 job because work can be done early in the morning, or late at night from virtually anywhere. Although these two trends are a little contradictory one of them wanting collaboration in the office and the other can potentially make working from home the norm. If organizations and employees are able to find a balance these will be beneficial to their success and innovation.

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  9. Michael Forster

    I believe that the two most important trends for businesses going forward will be the “automation of grunt work” as well as collaboration becoming a priority in the workplace. Using automation is increasing productivity and ways to create increased profits more than ever before. Advances in technology are able to create more time away from repetitive and often unimportant tasks and allow workers to focus on higher level ideas for furthering the success of the company. Automation is doing the simple tasks better than humans, but now is allowing the human workers to tackle problems with more focus than ever before. This shift of work focus will allow even further progression in the business world as companies are able to think up concepts aided by tech that were previously unreachable.
    Collaboration is also an extremely important trend to consider. The workplace has often been treated as a competition between employees, but now companies are realizing the immense benefits of working together. Collaboration allows a wide variety of perspectives on problems in the workplace. Departments can cross over and increase productivity by sharing tactics, methods and ideas. Eliminating physical barriers and departments in the workplace can help this, as well as encouraging a culture of collaboration instead of one of competition and secrecy.

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  10. Tyson Reimer

    1) In my opinion, the two biggest evolving trends is automation is taking over the grunt work and everything is measurable. The reason why I chose automation is taking over the grunt work, is because that technology is constantly becoming updated and machines are making the lives of humans easier. This will only continue to increase as well, as technology is rapidly evolving every day. I also chose everything is measureable because of the massive amounts of information people can access now. Every action can be tracked to pinpoint and select the best possible option. By doing this, greater revenues will be earned and people will be making better decisions on what to do for the company.

    By utilizing these trends, businesses can capitalize on being more efficient and this will in turn hopefully create increased revenues for the business. Although automation might be expensive to implement, over time expenses will be cut down as less human power will be needed. Having the power to measure everything will also increase revenues as well. Once again, every action could be pinpointed down and the best possible option could be selected to earn the greatest profit for the business. All of the trends listed add to the profit being generated for the company. If collaboration is practiced effectively, greater work will be produced with less people needed for the job at hand. If the proper security measures are in place, the business will be safe from different types of hacks.

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  11. Queenie

    For me, I think the two most important trends are the collaboration and the flexible workplace. As the walls disappear in the offices, and the meeting rooms transform into more relaxed discussion rooms, it becomes easier for the employees to interact, cooperate and intermingle. The result? Better teamwork and improved throughput. A stress-free collaborative culture also encourages interdepartmental communication to find new means of improving the workplace productivity. When it comes to workplace just like the office walls, the nine to five working hours have also become a relic of the past. Technological shift has removed the constraints of specific working hours. A surprisingly large number of employees tend to prefer the organizations that offer flexible working hours. Technological advancements like video calling have provided the modern workforce the leisure of choosing their own work hours. The concept of remote working is increasingly becoming popular allowing the millennial generation to work from the comfort of their home.

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  12. Maximilian Gundl

    1. What do you feel are the two most important trends?
    I personally believe that the trend point four, Time and Space Constraints are Disappearing is the most trending one. As Millenials do not just want to spend their life with just working, they need their personal space too. This trend rose up about ten years ago and it has extremely evolved. Studies have shown that people undergoing such a work-life program are happier and more effective at work. More and more companies are introducing such programs to appear attractive to potential employees. Although it is difficult to introduce such programs and face a lack of presence of employees in the offices, it seems to be working in todays business world. By giving employees more space for their private life and bring in a balance between work and life are a trend which is not likely to be forgotton soon.
    The second trend which is in my eyes crucial is Automation is taking over the grunt work. Some people may have actually not realized how far automation has progressed and taken over so far. The car industry is a good example; where there were men used to construct the cars, nowadays machines have replaced the human as tool and defined business new. With smartphones, big data and a trend towards digitalism using automation is crucial. Automation makes our life easier and more convenient, although we become quite dependent on that technology which may not be a benefit for us. But automation must not automatically mean erasion of jobs. Jobs need to be adapted to the new enviroment so it works out in harmony.

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  13. Joshua Lawlor

    1. What do you feel are the two most important trends? Why?
    I personally feel that the two most important trends mentioned in the article were the importance of collaboration, and the time and space constraints disappearing. The reason why I am a big fan of collaborating is because I’m a big fan of synergy; meaning that the output of the group effort is greater than if each member was to work on their own. Having the ability to have the communication between your work place peers is very important to help educate each other as well as reinforce ideals, and encourage others when needed. I do stress that it is important for the workplace employees to not let social loafers sit back in team work and let others take credit for the group work, as that can be a downfall, but other than that I feel it is a positive thing to have implemented in the work place. Secondly, I feel that the time and space restraints disappearing is important as well, because it recognizes that not all employees run their best on the same schedule, and by breaking down this regimented schedule, it allows employees to work when they feel best, which in turn gives them more freedom, and when your workers are happy, chances are that you’re going to get a better output from them. I also feel that not confining workers to a desk or cubicle is a great way to keep up to technology. There are many different ways people can access work from places and mediums that make it more suitable and convenient for them to complete their tasks.

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  14. Spencer Copp

    I think that all of these trends are important in their own way, and may have different importance based on the type of industry. Overall, I think that the most important tech trend is that everything is measurable. There are so many factors to consider in trying to optimize work processes. The quantification of each of these factors can result in more effective and efficient decision-making. The less time that is spent optimizing work processes, the more time that can be used to actually do the work. No matter how good we feel we are at qualifying information, there are always errors that can be made due to bias. Data is unbiased and therefore can help to make informed decisions. I think that the next important tech trends are collaboration and the disappearance of space and time constraints. Not only does collaboration make for a healthier work environment, it may also lead to more quality ideas. Employees of different educational backgrounds and experience can come together to inspire one another and provide alternative perspectives on a topic. Interdisciplinary research is extremely important in order to get a comprehensive viewpoint. It also encourages an appreciation of different perspectives and methods. The disappearance of space and time constraints is important because as the article states, millennials prefer companies that allow for flexible scheduling. Employers that are unwilling to ditch the “9 to 5” workdays may end up losing employees. In addition, they may be less efficient at getting work done since “77 percent of millennials say flex hours would make them more productive”.

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  15. Giuseppe Di Paolo

    There are numerous studies trying to assess the effects of changes in business science on the business outcome. Some of them have been briefly described in the article. Even if most of them are still under investigation and their effects are still questionable. Have they positive or negative effects? No easy answer can be given, too many factors play a big role in that. However, some of these new trends are objectively changing the way businesses operate nowadays and even if their effects are ambiguous, companies risk of staying behind the times and being overwhelmed by competitors. The two main trends that are, more than the others, shaping how businesses work are business automation and changes in business’ work organizational structure. There are a lot of studies stating that the so-called NWW (New Working Conditions) have influenced in a drastic way not only the internal working conditions and the employee’s performance but it has positive effects on work-life balance, quality of employees’ free time when not at work and employees’ well-being. Have a look for evidence at “New Ways of Working: Impact on Working Conditions, Work-family Balance, and Wellbeing” by Evangelia Demeroutia et alii. People can work from home, can work during the night depending on their personal preferences and to when they are more productive. Automation, moreover, can bring positive effects in term of time and cost efficiency by speeding up operations. And with new discoveries in AI in recent times, automation could be easily extended to activities which have been performed so far by humans, and why not to some extent also to business decision-making. But while automation (as it is used now) can drastically reduce businesses’ operation expense, NWW can in turn increase revenue by focusing more on R&D, come up with better ideas, exploit employees’ best talents by giving them space and time to express their skills.

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  16. Brooke Torgerson

    Questions:
    1. What do you feel are the two most important trends? Why?
    I feel the two most important trends are Time and space constraints are disappearing and collaboration is priority. Employers and employees alike have realized how beneficial it is to allow collaboration. This is so important with how today’s business world is changing, in order to stay competitive businesses and managers are having to find new ways to remain competitive and making collaboration a priority is one of them. With time and space constraints disappearing it again is changing the way things are typically done. The typical 9-5 work days are not as common anymore. The flex hours are about allowing people to get the work done when they feel most effective.
    2. How do these trends relate to the income statement paradigm that was discussed in class?
    These trends both increase the productivity and efficiency, effectively increasing profit margins. With the more flexible work hours it increases productivity meaning if people can work when they feel most productive then they are able to be more efficient, costing the companies less money. Also the collaboration as a priority is also increasing productivity which again saves the company.

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  17. Tomara Noga

    After reading this article, I think the two most important trends are automation taking over the grunt work and that everything is measurable. I feel that automation is a very important topic, because it is starting to eliminate humans from the work place, which could in turn could have an affect on our economy. As well with this, I think if automation is taking over the humans job in the workplace, we could start to focus our time and energy on other tasks and continue to create new innovations to better their company and the world.
    Everything is measurable because we are coming to a time that every single thing is tracked, and we are able to see exactly every step that needs to be taken to achieve goals. We are able to see how much data is being used towards a project and what consumers are using also. Everything is connected to the internet now, and if we are able to retain information from each device using the data, companies will be able to weed out the products that are less efficient or not reaching their productivity goals and focus more on what is more efficient. I think these relate to income statement paradigm because they are all using methods to help the businesses save money in the long run, and by cutting out unneeded costs it will lead to improved profits.

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  18. Emily Pritchard

    Personally, I find the advancements in the work place incredibly exciting. It is our human nature to seek out “better” or more efficient ways of doing things, we retired the abacus in favour of a calculator. I believe it would be foolish to prevent the forward momentum of progress in favour of comfort. While the advancements can be intimidating to those who leave and re-enter the workforce, the mainstream workers must keep up to date with the advances to maintain their edge. Keeping up with the latest work trends can seem to be a daunting task, but without maintaining this awareness hey will be left behind. This fear of being left behind leads to a sense competition between businesses which fuels the wheel of progress. Additionally, it can also lead to “Collaboration as a Priority” within a corporation. This tool is also incredibly valuable as it contrasts the aforementioned competition, while simultaneously contributing to the overall progression of the industry. My other favourite of the changes mentioned in the article is “Time and Space Constraints are Disappearing”. This concept gives such a strong sense of freedom to a creative endeavour. The increase in flexible work times as an acceptable way of doing business is also a really exciting concept as it allows for everyone to work as it best fits into their schedule, and when they prefer to do their work, because no one can know when the eureka moment will strike, and thus leading to the next great advancement.

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  19. Sam Gleim

    Time and space flexibility and automation of remedial tasks are the most important trends. The flexibility of making your own hours and where those hours are made is the essence of convenience. Flexible work schedules have shown to provide many benefits including increased employee morale, engagement, and commitment to the company. People feel happier and more committed to a cause that grants them greater control over their job. The flexibility also decreases the turnover rate ad makes it easier to recruit people. Personally, I am not a morning person so I would weigh the flexible work schedule very heavily when making a decision in regards to choosing a job position. The automation or remedial tasks is also an important trend because it allows that time that was wasted to be used more efficiently. The time that has been freed up by automation can now be used to focus on greater concerns as the time being wasted is not adding any value. For instance, filling out a warehouse order is not adding any value to the product or the company. Overall I believe these trends provide more benefits than disadvantages.
    These trends relate to the income statement paradigm in regards that these trends are increasing volume. The automation increases productivity and efficiency allowing the manufacturer/processing plant to create the same amount of quality items in a smaller amount of time. This automation creates data which allows management the opportunity to analyze and further find areas of improvement to increase productivity and/or decrease input costs (costs of goods sold).

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  20. Tristan Lansdall

    I feel that the two most important trends mentioned in this article are “automation is taking over the grunt work” and “collaboration is a priority”. Along with these two being the most important, they also go hand in hand with each other. As the grunt work is being automated, it is freeing up employee time to work on bigger and more important projects for the organization. Being able to collaborate with these freed up workers plays a major role in the success of an organization. Some people believe that automating tasks in an organization can lead to job loss for a lot of people but this is not necessarily the case. Although you may be losing one responsibility you are gaining time to perform another. Industries are transforming just as fast as the work place is, and along with that new kinds of jobs are being created that need people to do them.
    These advancements in the work place relate a lot to the income statement paradigm. Companies adopted these new trends are doing what companies have been doing for years; minimizing costs and maximizing output. Computers don’t require you to pay them a salary, so as more tasks are automated this can reduce your expenses as a whole. Having the flexibility of the hours also places a big impact on this as when people are allowed to work when they feel the most productive, you will receive the highest efficiency from them. This makes sure that every dollar of salary paid to someone is actually paid for productive time.

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