The Impact of Technological Developments on Remote Working

Remote working is a form of arrangement where the employee does not have to commute to the workplace. The rise and success of remote working have been facilitated by technological development. Technological advancements offer the ability to get work done despite the worker’s location and enable communication with coworkers and clients. These forms of technology include local area networks, collaborative software, conference calling, internet access, private visual networks cloud computing, video telephony and Voice over Internet Protocol (IP) technologies. Teleworking has been assisted by the technology involved in telecommunication, such as smartphones, tablet computers, laptops, landline telephones and desktop computers. There have also been developments of software that have come in handy to facilitate remote working, such as Zoom, Microsoft Teams, Cisco WebEx, Stack, WhatsApp and Google Meet. The history of remote working is traced back to the 1970s when Jack Nilles developed the name telework or telecommuting. Technology was Continue reading

Case Study: Analysis of Walt Disney’s Acquisition of Lucasfilm

Walt Disney Company is one of the leading mass-media and entertainment corporations with the central office in the Walt Disney Studios in Burbank, California. At the moment, it is considered the world’s largest media conglomerate that is focused on the production of movies, cartoons, and entertaining products such as theme parks that are popular among the population globally.  It is an American company headed by its president, Robert Iger who is considered a successful CEO because of a number of effective solutions contributing to the development of the company and it’s becoming a leader in the selected market segment. The company also owns other famous franchises and studios such as 21st Century Fox which contributes to the generation of the competitive advantage and significant empowerment of the corporation. Decision The decision that is discussed in terms of this case is the purchase of Lucasfilm for $4 billion by Disney. The Continue reading

Mergers and Acquisitions (M&A) – Definition, Types, and Process

Mergers and Acquisitions (M&A) are increasingly becoming a novel approach for companies to wade through the competitive pressures of today’s globalized society. The increase of mega-mergers in today’s corporate world demonstrates the entrenchment of such transactions in modern business practices. Definitions of Mergers and Acquisitions “One plus one equals three”. This statement defines the main logic that informs merger and acquisition transactions. This logic stems from the fact that most companies aim to create a bigger shareholder value than the sum of the shareholder value that would ordinarily be realized if two corporate entities merge. The reasoning behind merger and acquisition transactions therefore stems from the fact that there is a greater value when two companies work together, as opposed to two companies working in isolation. Mergers and Acquisitions (M&A) are therefore joint activities where the activities of two or more companies merge to create one common purpose for both Continue reading

Decentralization in Cryptocurrencies

Decentralization is a defining characteristic of numerous cryptocurrencies and blockchain-based initiatives. By design, cryptocurrencies are decentralized and distributed, so there is no centralized authority or point of control. Decentralization in cryptocurrencies provides several benefits, including resistance to censorship and fraud, enhanced security, and better privacy. Decentralization carries several difficulties, particularly in terms of scalability and administration. Cryptocurrencies are a relatively young technology that is undergoing ongoing development. Therefore, there is no universal approach to Decentralization. Each project must carefully consider the involved trade-offs to develop a system that works. Adopting Decentralization in cryptocurrency makes firms more resilient and secure and gives users greater control over their finances. The policy enables investors to make independent decisions because the firm’s directives are not dependent on a specific authority. Consequently, this develops a system of trust, as the system must rely on its integrity to sustain the company’s longevity in the market. Decentralization Continue reading

Case Study: The Daimler Chrysler Failed Merger

In 1999, the Daimler Benz corporation of Germany merged with the Chrysler Corporation. In merging, the two companies aimed to create a company with a global presence and to bring the strengths that each company had to the global automobiles market. At first sight, the companies appeared to be equal partners in the merger. The companies at the time of the merger were almost equal in size. In addition, the companies appeared ideal for a merger because each had specific strengths which could be complemented by the other. Chrysler, founded and having its main operations in the US, was a company that emphasized innovation and flexibility while its counterpart, Daimler Benz, was a company characterized by structured, hierarchical management and German engineering excellence. These apparent equal partners were thus ideal for a mutually beneficial merger. In addition, the two companies were among the market leaders in their areas of specialization, and their Continue reading

Is Technology Hindering / Killing Creativity?

Recently, there have been numerous studies exploring the effects of technology on the youth population. Along with the significant growth in technology use, there are substantial gaps in knowledge about the rapid and sweeping changes it has on young people. Technology offers many benefits, including sustaining distance learning, improvements in communication, sustainable development, and transformation of goods and services. If it is universally accessible and used appropriately, technology can be a game-changer for the youth. It can significantly help address numerous problems regardless of a person’s disability, ethnicity, geographic isolation, or race. It can do so by providing youths with the knowledge and skills necessary to succeed in an increasingly digital world and connecting them to a world full of new opportunities. However, technology also has adverse effects on youth. Unarguably, technology is slowly reducing human’s imagination and creativity because people are highly dependent on the internet, are digitally distracted, Continue reading