By 2015 the total amount of data in the world will increase to 7.9 zettabytes, according to IDC. As Hong Kong’s business community continues to grow, with a record high of 174,031 new companies registered in the SAR last year, local enterprises are a key driver of this data-driven wave.
By 2015 the total amount of data in the world will increase to 7.9 zettabytes, according to IDC. As Hong Kong’s business community continues to grow, with a record high of 174,031 new companies registered in the SAR last year, local enterprises are a key driver of this data-driven wave.
It's no fun to think about all the ways your business can be disrupted – hurricanes, tsunamis, snow storms, epidemics, earthquakes, tornados, terrorism, floods, fires, even relatively minor incidents like a failed water main or a planned event like an office relocation.
The 2014 Page Personnel Hong Kong Salary & Employment Forecast reveals there is demand and growing acceptance of temporary work in Hong Kong as a viable employment option, as cost-cuts and careful headcount planning continue to affect companies.
The issue of equality in the workforce is ongoing. A number of notable studies address the issue every year and inspirational female leaders have taken the headlines with their analysis of the situation.
Social media provides companies with a wealth of opportunities to increase visibility, improve consideration, strengthen internal communication, and accelerate innovation. But, as entities as diverse as Mannings, Dolce & Gabbana, and the HK SAR government have discovered, social media can also come with a nasty bite.
Last March 8 marked International Women's Day, an occasion where the achievements made by and for women are celebrated. But unfortunately, the latest statistics on women on boards in Hong Kong do not give much cause for jubilation.
The latest numbers indicate that over 80% of people with computer access use search engines to find local businesses. Local consumers are going to go online to find businesses that have what they need and are close to where they live.
Last article I wrote was an introduction into the potential benefits of strategic partnerships in business. Partnerships, if selected, structured and managed well, can provide a company with the necessary tools to expand its market or capabilities without actually needing to physically build up or develop those tools; you just leverage your partner’s complementary capabilities to accelerate and reach your targets.
In June of 2013 I opened the first international office for my firm here in Hong Kong, which had previously operated from a single headquarters in Salt Lake City, Utah. Although our main interests are in China, we decided the pollution and business environment made it an impractical first step in Asia.
According to the Global Financial Centre Index in 2014 Hong Kong is ranked third behind London and New York. The index chooses 75 of the world’s major cities and measures their state of competitiveness in the financial sector.
With over 250 million domain names registered globally, the world wide web has become a congested place since the first web page went online in the summer of 1991. In Hong Kong alone, there are almost 12 million active devices online (getting on for two per resident), while the figure globally stands at 3.5 billion.
The strengthening global economic environment and investor confidence is expected to fuel the propulsion in the Hong Kong IPO market that began in 2013. Last year, the Hong Kong Exchange placed second behind New York as the world's biggest IPO market, raising US$21.7 billion.
Flexible working used to be a benefit of salespeople and a few senior managers. But times have changed: new technologies and the need to increase productivity have driven the adoption of flexible working practices significantly, to the point where, at least some of the time, it has come to be regarded as essential.
Are we producing too much data? That may depend on your definition of “too much,” but it is certainly true that data is being produced at ever-increasing rates.
When SMEs in Hong Kong take a look at the past year and a step forward in 2014 along with the trends of cloud computing, they understand that deploying cloud computing becomes the crucial element in their development as it offers advantages to overcome today’s challenges of SMEs, including budget constraints, dynamic market demands, skills and resources shortage, capacity challenges, increasingly strict data-related regulations, demand for shorter time-to market, and the rapid growth of unstructured data.
In a world of ever changing dynamics, it is up to us to create effective strategies to improve all area of business, including HR. In Hong Kong many CEOs are planning to focus on internal operational strategies and work with the key stakeholders to acquire, integrate and retain the right talent.
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Commentary
Four steps to taming the data explosion in Hong Kong - Part 1
Four steps to taming the data explosion in Hong Kong - Part 1
Ensuring business continuity in Hong Kong
Temporary work on the rise in Hong Kong
Leading ladies of Hong Kong's workforce
How Hong Kong firms can protect their brands online
Here's why women have higher earning power in Hong Kong
Achieving greater women representation on Hong Kong boards
4 approaches for Hong Kong businesses to benefit from localised SEO
Using the Hong Kong disadvantage to your advantage
Why I decided to do business in Hong Kong
Why China will not replace Hong Kong
What the coming explosion of internet real estate means for Hong Kong businesses
Why 2014 looks like another record year for Hong Kong's IPO market
Why flexible working appeals to Hong Kong job applicants
How machine-to-machine communication is driving data growth in Hong Kong
How Hong Kong SMEs can tackle cloud computing woes
Hong Kong CEOs reveal top HR priorities this year