Premium Essay

Future Trends

In: Business and Management

Submitted By charmi
Words 895
Pages 4
Future Trends

Charmaine Saint Surin
OI/466
June 6, 2016

Fred Greifenstein

Future Trends

According to Webster.com dictionary, a trend is usually known as something undergoing change or is developing into something or going into a general or specific direction. Innovation is about timing, but there is not a theory behind it. It includes processes and new ideas and then they are converted into new useful products. It creates value for customers who pay for it. Disruptive Innovation is an all-out risk taker, creating new markets with more practical approaches towards buyer's purchasing power. What we know is that innovation does not have an end, it's the fact that what we want and what we need continues to change. Innovation is not the goal but everything we do to get to that point. I think collaboration within innovation is an revolving trend. This is the concept of an open source. With the internet age, there are so many people connected worldwide, so there is the fact of collaboration. It creates alternatives for companies who which are smaller to have the ability to remain small and agile. If that is the choice, it also allows those less ended businesses to be a part of the larger agenda in innovation. Innovation is a connected function of communities. It seems like we are all trying to come up with new solutions that capture the technologies we encompass and maybe even working with alternatives reworking those technologies. An example of this is universities working together to enable innovation by the means of community diversity. Secondly, I would mention influence as an evolving shape, and this is a global trend. I say this as today is more about the power of "me", and "we" more than the power of "they." Influence is about shifting the actions, behaviors and attitudes of others, aspiring a way of working or living with compelling...

Similar Documents

Free Essay

Future Trends in Crisis Intervention

...Future Trends in Crisis Intervention Abstract Mental Health Paraprofessionals (MHPP) will work with the client and family on behavioral issues that occur in the home, school, and community. The MHPP serves on the treatment team and assists professional staff with the execution of the treatment plan. They also assist with securing community services that might be available to the client and the client's family. The purpose of intensive Mental Health Paraprofessional Intervention is to enable the client to be maintained in the most normalized, least restrictive setting as possible, and to prevent unnecessary, inappropriate institutionalization. This paper discusses an overview paraprofessionals, the impact the paraprofessionals have on the field, the challenges that organizations are faced, and how to manage with the implemented changes. Future Trends in Crisis Intervention As the population in the United States continues to climb the need for human services professionals does the same. Human service agencies are often face the dilemmas of being over-worked and under paid. Professionals in this field are often prone to burnout because of these dilemmas. Sadly, human service agencies are often the first to experience budget cuts. These budget cuts affect the human service professional’s organization, facility, coworkers, pay, clients, and their personal moral. Leading officials of many human service organizations......

Words: 1399 - Pages: 6

Premium Essay

Discuss the Problems of Forecasting Future Trends in the Transport Market

...Transport forecasts are made for many purposes, some include; to determine future transport network needs and to be able to forecast the effects of certain policies, for example, and increase in road pricing. Forecasting is useful, however the data is an estimate and can be collected in a number of ways, therefore there can be problems associated with forecasting future trends in Transport Market. One way in which future trends are forecasted in the transport market is through estimating transport elasticities, this can be used to show the responsiveness of demand to a change in price, income or price of another good. There can be problems associated with both the collection of the data, and the problems that may arise due to data being deceiving. Problems with the collection of data could be that the data is just an estimate; for example, secondary data can be used, which involves using past records and data to predict future behaviour, if the data used is wrong, or from a different economic climates, the overall forecast could be wrong. If this data was wrong and stated that PED was less than one, this may cause transport companies to think that transport was now inelastic and therefore raise the prices. If this was untrue or deceiving then transport markets would see a decrease in the demand for public transport, therefore causing problems. Another method used in forecasting is the Delphi Method, this involves consulting experts and using their specialist knowledge......

Words: 651 - Pages: 3

Free Essay

Predicting Future Hmis Trends by Chief Information Officers

...Mini-Case: Predicting Future HMIS Trends by Chief Information Officers Read the Mini-Case: Predicting Future HMIS Trends by Chief Information Officers on Page 41 of the text. Access the 2008 HIMSS Leadership Survey PDF file and write a paper that addresses the following: 1. Discuss why you think a CIO survey is important for the HMIS industry. 2. Based on the information provided in the Mini-Case and survey, explain what types of hardware investments are most important to the future of HMIS. 3. Compare your selections and reasoning with the actual survey results. 4. Based on the survey results. Discuss why you think investment in Electronic Health Records (EHR) has become a top priority for CIOs in the coming year. Your paper must be two to three double-spaced pages (excluding title and reference pages) and formatted according to APA style as outlined in the Ashford Writing Center. Utilize a minimum of two scholarly and/or peer-reviewed sources that were published within the last five years. All sources must be documented in APA style, as outlined in the Ashford Writing Center. The text from the Book: Additional Readings : Sam Geist, “Are You a Boss or a Leader?” Super Vision 67 (January 2006) Paul Glen, “Developing the Managerial Mind,” Computer World 40 (January 9, 2006). Stephen R. Robbins, The Truth About Managing People… And Nothing But the Truth. (Upper Saddle River, NJ: Prentice Hall, 2003). Jack Welch and Suzy Welch, “The Leadership Mindset,”......

Words: 622 - Pages: 3

Premium Essay

Future Trend

...Key future trend that will shape the business in the next 5 years ➢ De-globalization trend will be more common co-existing with globalization ➢ The rise of Millennials creates both opportunities and challenges for marketing and internal management ➢ Business intelligence innovation will be more important for business success in the future characterized by internet, big data analysis, social network and e-commerce ➢ Sustainability and being good corporate citizen is another field that leaders will continuously focus on, especially in emerging markets. Impact of these trends on the business corporation ➢ International Strategy: Business corporation will use more stringent environmental scanning process in expansion strategy. ➢ Operational Strategy: Key activities such as R&D and marketing will be personalized and specialized to meet the need of global consumers. ➢ Employees: Leaders need to have a better understanding on how to manage and mitigate generational and gender differences through communication, leadership and HRM ➢ Innovation: The speed and quality of business model modification through new technology will affect a company’s future competitiveness. ➢ CSR: Commitment to sustainability will improve corporation’s public image, but may not boost sales and profit increase immediately. Thought of Changing organization ➢ Sensing disequilibrium - Top leaders sense the disequilibrium through recognizing external signs of future trends -Review internal......

Words: 696 - Pages: 3

Free Essay

Future Trends

...Technology is an amazing thing and at this time the growth of the industry is unprecedented thanks to the innovation of forward thinkers. Through the use of the cloud, smart phones, and telemedicine the public is going to be able to have a real time active part in their health. With the innovations now and on the horizon patients will be able to benefit in ways that they have never before. Through the course of this paper the benefits from the technological advances will be discussed in reference to the cloud, smart phones and telemedicine. Welcome the cloud A slowly emerging trend in health care today is the use of "the cloud". According to Goodwill Community Foundation International (n.d.) the most basic definition for "the cloud", which is when "your computer communicates with a network of servers. Some of the servers are specialized for storage, while others use their computing power to run applications". Technology companies are using the cloud to provide large banks of secure data storage, develop applications for health care, and provide secure transmission of data. This growth has caught the attention of health care providers and now those providers are starting to be the biggest customers. Health care providers are starting to look at the cloud as a source for secure e-mail communications, data storage, and telemedicine. The advantages of the cloud are numerous, but there are a couple of main reasons the cloud is going to be a staple in health care facilities in......

Words: 1549 - Pages: 7

Free Essay

Citysumers

...Statistics show that only 47% of consumers around the world say they trust paid media. (trendspotting.com) * Servile brands and citysumers are a more established trend as they are wanting something new, this type of consumer lives in a capital/or town where they are usually the first to try out new products and follow the latest trends. * Servile brands let the consumer try it out first, using ‘hands on’ e-tools which allows them to test run products, for example marks and Spencer’s where they allow consumers to try before they buy on the latest nail varnishes. * IKEA has an online application where the consumer can design their own kitchen. (www.ikea.com) * Citysumers capture the essence of the city and its heritage * Established market of consumers as they are within a city latest technology and trends are available there first, outsiders from cities will be delayed. Sub trend: Modern make it and mend * Citizen hacking -using faulty or discarded objects and turning them into functional pieces- economical- cities in debt. Urbanization: * “67% of urban consumers identify themselves with their city, almost as many as the 69% that identify themselves with their nation” (www.trendspotting.com) * Culture is reflected in style of the nation * App culture Future trends: * 2013- * ‘I made that’ :Product customization and combined high tech manufacturing New, networked models of product identification. * ‘Equalized’ -......

Words: 348 - Pages: 2

Premium Essay

Future Trends in Nursing

...Running head: FUTURE TRENDS Future Trends in Nursing Carol J. LaRatta Professional Dynamics 430v 01/22/2012 Future Trends in Nursing The world is evolving and so is the medical profession. Will the future trends in nursing practice, nursing education and nursing leadership be the influencing factors on how we as individuals take part in leading the way for better opportunities and a higher quality of care for our patients? You be the judge. The need and desire for a higher level of education will never end. We, as individuals are in control of our future and we are the ones who decide where we want to take it. There are so many opportunities available to those who wish to take responsibility for their careers. The workplace is changing rapidly everyday and with it we must actively participate and voice our concerns to be heard. Becoming proactive in discovering and implementing new ideas whether it is at the management or organizational level, political level or at the patient’s bedside, we must unite and work as a team to excel to the next level. To promote change it takes a strong leader with creative ideas to make a difference. Anyone can be a leader but that does not mean people will follow. We must actively voice our concerns and opinions at meetings, advisory committees and to the boards where policy decisions are made. Nurses were not seen as leaders in the past but we must continue to change that. Creating new partnerships with physicians, clinicians,......

Words: 1101 - Pages: 5

Free Essay

Future Trends of Hr

...Future Trends of HR Considering the many stressors and factors effecting human resources and the workforce today, the future trends of human resources must be assessed. One of the largest dilemmas facing the workforce today is the generational differences between the current workforce and the newly hired. Presently, the baby boomer generation is of retirement age which leaves the workforce lacking of skilled labor and knowledge. Reports have shown an estimated 70 million baby boomers will soon retire from the workforce while only 40 million will enter leaving an extreme deficit in the workforce (“The Present & Future,” 2006). Therefore, stress factors affecting the labor market to compensate for this loss are increased work hours, greater workloads, and less pay increases. A current problem facing human resources in organizations is an increased turnover rate. Employees are looking for better work conditions and an increase in monetary compensation. Evaluating these conditions, future trends in HR illustrate a need for talented and experienced skilled labor and the workforce exemplifies a lack of qualified applicants. Organizations are looking at a higher cost for recruiting, training, and hiring. HR planning is imperative to future trends of human resources to include, but not limited to globalization, outsourcing, and technology. Globalization is the logistics that foster economic growth across geographical borders. Major US organizations have......

Words: 521 - Pages: 3

Premium Essay

Future Trends in Nursing

...Future Trends in Nursing Kareen Whyte Hope Care College Looking at the future of nursing throughout the 21st century seems exhilarating but on the other hand challenging. With the frequent expansion of the function of nurses, the current healthcare climate, education, and research, nurses will play a key role in the transformation of the world’s health and healthcare as a whole. The patient care delivery systems of the future will be significantly influenced by the industry trends that are impacting the healthcare industry today. Nursing as a profession will continue to evolve pass the year 2025. Since the inception of a college education for introductory nursing, advanced degrees are now required for specialized practice and there is a push for more doctoral educated nurses. Moreover, hospitals in their effort to acquire magnet status are requiring their nurses to possess a minimum of a Bachelor’s degree to be employed. This trend is mentioned in the article –Visioning the Future of Nursing: Analysis of the IOM/RWJ Foundation Report which made recommendations for an 80 percent increase in nurses with a baccalaureate degree by 2020 ("Visioning the future of nursing," 2011). Master’s and doctoral educated nurses have specialized knowledge and skills to make not only a significant impact on the profession of nursing, but also on the discipline and science of nursing. Nurses continue to engage in research and incorporate theory into their models so that new insights......

Words: 1249 - Pages: 5

Premium Essay

Future Trends in Hrm

...Future Trends In Human Introduction: Human Resource management is one of the key functionality in an organization. It deals with strategic and compendious approach to managing people, the workplace and the environment. This involves issues related to people such as hiring performance management, salary & compensation, organization development, security, wellbeing, employee training and development. Companies all over the world have identified the importance of Human Resource Management in order to steer up their organization by managing the entire working capital, with them facing high attrition rate and poaching strategies of competitors. This has become an increasingly challenging task for companies to sustain their competitive advantage. With economies becoming more globalized, there are also several new challenges faced by human resource managers. Organizations no longer comprise of homogeneous groups but consist of people of different origins, cultures and ethnicities coming together for a common cause. This has completely changed the roles of a HR practitioner. The traditional role of human resource management has become obsolete and has now evolved into a process continuous change and more dynamic. This has resulted in a transformation of their roles both in its form and its functionality. There are a lot of new and emerging areas of human resource that are becoming increasingly relevant. Some of the significant trends likely to be seen in the future are......

Words: 2290 - Pages: 10

Free Essay

Trends of Future Management

...Title: Trends of Future Quality Management Introduction Total Quality Management (TQM) is an approach that seeks to improve quality and performance which will meet or exceed customer expectations. This can be achieved by integrating all quality-related functions and processes throughout the company. TQM looks at the overall quality measures used by a company including managing quality design and development, quality control and maintenance, quality improvement, and quality assurance. TQM takes into account all quality measures taken at all levels and involving all company employees. TQM focuses strongly on the importance of the relationship between customers (internal and external) and supplier. These are known as the "quality chains" and they can be broken at any point by one person or one piece of equipment not meeting the requirements of the customer. Failure to meet the requirements in any part of a quality chain has a way of multiplying, and failure in one part of the system creates problems elsewhere, leading to yet more failure and problems, and so the situation is exacerbated. Trends of Future Quality Management The concept of customer value represents a dramatic improvement over the traditional approach to quality, the “comformance to specified standards” approach. It extends the concept of quality include user perceptions and use consequences. However, it still falls short of the concept of Total Quality, which stresses the importance of quality in every......

Words: 1899 - Pages: 8

Premium Essay

Future Trends in Healthcare

...Future Trends in Health Care Schell D. Caradine HCS 533 March 3, 2014 Suzanne Paone Future Trends in Health Care Long ago patients relied on their doctor to provide them with information about his or her health condition. The patient took what the doctor told him or her at face value. When doctors began to implement computer systems in their offices, they would print off medical information for the patient to take home to read in order to have a better understanding of the diagnosis given by the doctor. Most times the doctor will have pamphlets that he or she provided to the patient. However, that is mostly a thing of the past. Patients are already armed with tons of information they obtained from the internet. Health care has changed drastically over the years. Advancements in technology played and continue to play a huge role in the ever-evolving delivery of health care. The internet empowers patients in many ways. Sites such as the Mayo clinic allows patients to research their symptoms and even find a specialist. Many health care organizations have patient portals that allow the patient to book appointments and communicate with their physician. However, it is not just patients who use the Internet for health care purposes. Health care organizations use websites and social media such as Facebook to connect with a large demographic of potential patients. Health care organizations can advertise new treatment programs they have available by using Twitter,...

Words: 1511 - Pages: 7

Free Essay

Trends of Future Management

...including managing quality design and development, quality control and maintenance, quality improvement, and quality assurance. TQM takes into account all quality measures taken at all levels and involving all company employees. TQM focuses strongly on the importance of the relationship between customers (internal and external) and supplier. These are known as the "quality chains" and they can be broken at any point by one person or one piece of equipment not meeting the requirements of the customer. Failure to meet the requirements in any part of a quality chain has a way of multiplying, and failure in one part of the system creates problems elsewhere, leading to yet more failure and problems, and so the situation is exacerbated. Trends of Future Quality Management The concept of customer value represents a dramatic improvement over the traditional approach to quality, the “comformance to specified standards” approach. It extends the concept of quality include user perceptions and use consequences. However, it still falls short of the concept of Total Quality, which stresses the importance of quality in every aspect of an organization. Perhaps the Japanese best express this broader and more holistic view of quality, Ishikawa states: “Narrowly interpreted, quality means quality of product. Broadly interpreted, quality means quality of work, quality of service, quality of information, quality of process, quality of division, quality of people including workers,......

Words: 1895 - Pages: 8

Premium Essay

Future Trends in Healthcare

...Future Trends in Healthcare The internet has revolutionized healthcare in the twenty-first century by customizing relevant and up-to-date information to providers and patients. This has been done by facilitating communications among healthcare professionals in different locations and specialties. In this paper, it will assess how the internet is used as an external deliver source in communicating patient-specific information. Also, the impact of distance delivery on healthcare will be addressed by considering the use of e-mail, telemedicine and the electronic transfer of records. The Internet and Healthcare Today any type of medical information can be found on the internet. With such sites as WebMD, Mayo Clinic and Healthline, providers and patients alike can go to these websites to research medications, symptoms and health advice. It is estimated that 60% of the United States population access the internet for health information (Cullen, 2006). Patients are becoming more informed before they go to their doctor’s visits; sometimes letting the internet becomes their doctor. The internet has created a culture in which technology gives patients a new structure of feelings and thoughts. The internet and e-mail is used widely in the world of academia for the search of health and diseases. Various websites such as Health on the Net (HON) and Cliniweb are used for educational uses. These websites play key roles in obtaining health information in a scholarly/scientific way......

Words: 1502 - Pages: 7

Free Essay

Future Trends in Advertising

...Future Trends in Advertising Paper When it comes to advertising there are key factors that play a role in how the process can be affected. Within this paper there will be three key factors that will affect advertising in the years to come. The three key factors are: innovation, internet, and regulatory. Each of these key factors are continually changing and growing on a daily basis. Looking into how these factors play a role in advertising will give a better understanding of the changes are affecting or can affect advertising. Innovation will always be a factor to look at because of the fact the innovation is constantly growing and making products better (Sissors, 2012). Who could forget sitting there listening to a commercial and in the commercial the words new and innovated are involved. Innovation is basically taking a product and it growing to meet the standards of the consumer. The product is growing and changing. If one were to look at that product they would see that it may have a higher speed for browsing or in some other area be faster, the design may be sleeker than it previously was, or it may hold more capabilities. All the changes are coming more quickly and it can be difficult to keep up, especially with budgeting. A company only budgets so much money for advertising and if the products are rolling out more quickly yet the budget has not grown then there will be no way to advertise as much as needed. There will be times when innovation can help in......

Words: 1267 - Pages: 6