According to current survey of over 2000 people interviewed On Statista, around 11% of Germans regularly listened to podcasts in 2018. Smartphones and the extensive internet in particular make it possible to listen to podcasts easily and at any time. Podcasts bring more emotions to the listener than texts and therefore stick for a longer time from a marketing point of view. Furthermore, the cost and effort of production are now low. So could it also be a sensible alternative for companies and also for my blog? What is a podcast According to Wikipedia a podcast is defined as follows: On Podcast is a series of media files (audio or video) that can usually be subscribed to via the Internet. The case word is composed of the English radio term broadcast and the term for the portable MP3 player iPod (which was the market leader at the time of its…
According to current survey of 1000 executives In Germany, the shortage of skilled workers is one of the top 3 critical blockers of company growth. Vacant positions in particular lead to increased workload for existing employees and to the rejection of profitable orders. Especially the demographic change (Generation Y / Z), as well as always increasing internet speeds , Home office and high competition in the recruitment of skilled workers force companies into a real battle for good talent. One solution for this can be the digitization of the HR process. In the following, I would like to show you a new type of HR funnel that I built together with customers during my time as a consultant. Difference to classic recruiting In traditional recruiting, job advertisements were used to select applicants in such a way that only suitable applicants apply for suitable job advertisements. Unfortunately, applicants often sent numerous…
With the advent of digitization, there are many new requirements for companies. One of them is the development of a suitable digital strategy. But what does it mean? How important is the focus on such a digital strategy really? And above all: what about companies that place little value on it? What is a digital strategy? However, before I go deeper into the topic and importance of a digital strategy for the individual areas of a company in this article, I would like to first discuss the definition of the term. Many often only associate the term “digital strategy” with pure goals in the field of online marketing. This only describes a small part of this measure. Because the term is more about the development of a company towards a holistic use of digital processes. In other words: the digital strategy describes the entire transformation of a company towards digitization.…
Even if the German economy consists largely of small and medium-sized companies, there are still many deficits compared to large corporations with regard to digitization. Although most SMEs now recognize the importance of a digitized company as an essential and absolutely necessary step, this area is not infrequently characterized by strong doubts. Why does digitization often fail in SMEs? It often fails due to the financial aspect in particular, where many small and medium-sized corporations consider digitizing internal processes to be too time-consuming and above all cost-intensive. This often results in situations like the one in the following graphic. In particular, the fact that digitization is not a sure-fire success causes many SMEs to shy away at first. The management levels of small and medium-sized companies are often afraid of the seemingly long-term and cost-technically difficult to calculate effort of digitization. As a result, many SMEs see themselves lagging behind…
I often go to network meetings and I am told that digitization is good at writing new rules. But which ones are they and how does that affect the strategy for new innovations in business models? I’ve been wondering this for some time and have observed some startups as well as my current innovation projects that I oversee for customers. I’ve made some exciting discoveries. Finding 1: Mass wins against class! With new business models it is generally important to win the market. Let’s look at delivery services like Lieferando, Foodora and co. as well as the e-scooters around Voi, Tier and Lime. The current providers are trying to conquer the market with an almost blatant force. Often the providers win with large corporations in the background or good investors. It often applies: Enter the market at a loss and persevere. Amazon also made a loss with books or Home24…
I have been working in IT services for more than 5 years and have always been advising B2B customers. I noticed that as consultants help customers introduce new approaches and digital processes on a daily basis, but our sales department often still works traditionally with tenders, letters and handshakes. In this article I would like to pursue the question: How can digitization support this too? Difference between B2B and B2C B2B and B2C sales differ significantly from one another. While in B2C there is often a high number of many customers with little turnover, it is the other way around in B2B. Furthermore, traditional channels such as posters, TV advertising etc. do not help. Even Facebook and Instagram hardly reach the decision-makers of the DAX companies. Another difference lies in the products. In B2C, these are often bought by the end consumer and are precisely tailored to their problem. The…
Lately are piling up bad news . Deutsche Bank wants to cut 18,000 jobs and is not alone. Siemens wants to cut 10,000, 7,000 at Volkswagen, 5,400 at Ford, 4,500 at Bayer, 4,000 at Thyssenkrupp and cable giant Leoni is also planning to cut 2,000 jobs. On the other hand, we also have good news. Volkswagen would like to create 2,000 new jobs at the same time, Siemens also wants to create around 2,500 new jobs and also Thyssenkrupp wants to create 1,000 new jobs. In total, more than 65,000 jobs were cut in German corporations this year, but the job market is still going more than 700,000 skilled workers searched. But how does that fit together? Downsizing in Germany Ever more intelligent machines are changing our working world and demanding new skills or automating entire professions. Robots do not need a vacation and do work without fatigue and grumbling.…
Learning is like rowing against the current. If you stop it, you drift back.Laozi – Chinese philosopher Learning is becoming more and more important in companies. Especially in times of increasing digitization, it is important to ensure your own job security through lifelong learning and not to be left behind. A survey of more than 1,000 employees shows that 72 percent of the under 35-year-olds and 42 percent of the over 55-year-olds asked for more training on a regular basis. A large percentage would even continue their education in their free time and on weekends. This article looks at three possible types of corporate training. Frontal teaching: plannable and homogeneous We all know it very well from our school days: frontal teaching. And you have certainly already attended one or the other seminar with this teaching format in the company. The advantage is that you have regular times and planning.…
You know it: There is constant change in your organization. From high agility back to a rigid structure back to agility? But why can it be that managers in organizations change course so often and feel from one extreme to the other? The management pendulum I believe it acts like a pendulum. Companies often react less proactively but rather reactively due to certain key figures such as layoffs or a drop in sales. At this point, companies are on one side of the extreme, e.g. many processes and hierarchies. Now the company is moving to the next extreme due to the decision of the management and realizing that there is now too much chaos in the organization. So we’re reintroducing a couple of processes. In the second step, the pendulum does not swing that far, but it swings in the other direction again. It loses momentum. This process lasts until…
For some time now I have been seeing more and more seminars on the subject of mindfulness in the age of digitization. But what does that mean and do we need such seminars? The seminars deal with stress in the context of digitization and mention words such as overstimulation, technostress and resilience. It’s about leading a healthy working life under the influence of digitization. Overstimulation ” Overstimulation is a colloquial metaphor for an assumed state of the body in which it absorbs so many stimuli at the same time through the senses that they can no longer be processed and lead to mental overload in the person concerned. ” (Source Wikipedia ). One example of digitization is the high number of notifications through apps, emails and the various digital channels. For example, some employees receive emails, calls, Skype messages and much more at the same time. This can lead to…