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British companies view providing services to the people as not just business but as a social work and as a support to their government’s ambitions for the country. Companies like Virgin Media feels privileged powering Britain’s digital heartbeat.

India being a mixed economy do have state owned companies sitting there to set a trend and maintain the price. But they do nothing more than just starting a service. Giving high quality service with latest features and support is something where they often lack and lose in the competition to private companies drowning in debts.

In February 2013, Virgin media announced creation of 400 more jobs to handle the growing demands of its superfast broadband and Virgin Media TV package service.

“We’re pleased we’re able to invest further and offer so many more people the prospect of an exciting and rewarding career at the forefront of next generation entertainment and communications,” said Paul Buttery, chief customer and networks officer at Virgin Media.
“With this expansion we will be even better able to support the government’s ambitions for the country. We’re investing in the very communities we serve to ensure all our customers get the experience they expect from us as we power Britain’s digital heartbeat.”
The central government was quick to praise this move. Business secretary Vince Cable said: “This expansion is good news for Virgin Media and for the hundreds of people who will benefit from these new jobs, which include many highly-skilled engineering roles.
He further added, “The digital communications industry drives growth and helps us to build a stronger economy. Today’s announcement will also support our ambition to provide faster broadband – in both cities and rural areas – giving more businesses access to the opportunities they need to grow.”
Getting appreciation from the government Virgin Media is all set to get a good hold in the new market. 3D services on TV. Virgin Media has claimed that it is the first TV service to bring the 3D content to the televisions screens in UK. The company has promised to provide 50 hours of 3D content July onwards. The move came a week after BBC had announced that its 3D service will cease at the end of the year.
In an attempt to make televisions smarter, Virgin Media has teamed up with the US based The Weather Channel. The company will provide 24-hour five-day UK weather forecasts on their TV sets through TiVO set-top box for up to 10 stored locations. In return the app will encourage people to click through to the The Weather Channel’s website for hourly and 10-day forecast, thus bringing traffic to its website.
In February, US based Liberty Global had agreed to buy the UK’s Virgin Media in a cash and stock deal worth $23.3bn (£15bn). This deal will let the US company be the world’s largest broadband company with 25 million customers with its presence in 14 countries. With this deal the US based company will get about 80% of its revenue from the UK, Germany, Belgium, Switzerland and the Netherlands.
Virgin Group founder Sir Richard Branson said: “This deal is good news for the company, its customers and our people. As quoted by the BBC.
“Together, Liberty Global and Virgin Media are in a great position to shake up the industry and bring the full power of digital technology to UK consumers,” He further added.
Seeing the way more companies are adding benefits to their services around the world, Indian companies are lagging behind providing these services to their growing tech savvy population. Despite the availability of TV hardware which can support 3D, internet and other latest technologies, Indian cable TV providers have not yet harnessed the huge business of cable internet and providing 3D channels and movies.
The average internet speed in India still remains somewhere around 2 Mbps when most of the other developing countries in the same category are much ahead (Read more : Broadband Penetration and Average Speed; East Beats West) . A stable and fast internet has become a lifeline for the economy just like railways and steel. Indian telecom sector must take steps to seed the businesses and homes with high performance internet.
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Student @ Advanced Digital Sciences Center, Singapore. Travelled to 30+ countries, passion for basketball.

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How To Make Business Life So Much More Favourable

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If you have a business or you’re heavily considering starting a business, then you’ll know all about the perils and the difficulties that will come with it all. While it seems like such a wonderful idea from the outside looking in, it’s actually something that can really take its toll on you if you’re not prepared enough both mentally and physically. 

You’ll always be looking for ways to make business life an awful lot more convenient. The idea in this game is obviously to work hard as you never get anywhere without a serious commitment. You’ll really want to focus on working smart, however. Hard work for no reason is foolish when you have much better ideas and techniques staring you in the face. Business life can be a real hassle if you get things wrong and have to go through laborious days. Here are just a few ways to make your days, weeks, and months a lot more favorable for you: 

Get The Right People Around You  

Who you share your time with in business matters so much. If you have all of the wrong people, then you could be on a downward slant over the next few years. If you have good people with the right attitude and intentions, then you’ll likely become a lot more successful. In terms of using the right people, we’re talking about networking, hiring staff, bringing in specialists, soliciting advice, and so many other areas. Business is an interpersonal game, so make sure the right groups and individuals work with what you’re trying to achieve. 

Embrace Technology A Lot More Than Perhaps You Are Right Now 

If you’re already someone who wants to milk every platform they have, then this idea won’t worry you too much. There are so many pieces of ai powered software around that will help you with what you’re trying to achieve. Analytics, ads, management, and so many other areas can be bolstered with good programs. 

Set Up Genuine Plans With Achievable Goals 

This sort of goes without saying because you’ll likely have plans for the tasks ahead. This is more the idea of creating more structured plans for areas that are perhaps freer and less structured. Setting goals for everything you do can lead you to understand more about what needs to be done. It also gets everyone even more motivated. 

Take Care Of The People Working With You 

In terms of those you’re with, you’re going to need to treat them properly. It’s amazing what can happen if you neglect how they feel and the work they put in. The best leaders will always hone in on each individual and check in with them. 

Outsource Certain Jobs That Are Tedious

Sometimes, there are particular tasks that – although they need to be done – take up lots of unnecessary time and stress. If you are outsourcing admin, for instance, it makes life a lot easier for you as you all can focus on the productive and progressive side. 

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Current Trends in Business That Every Entrepreneur Should Work Towards Achieving

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The world of business is changing and with it the trends that entrepreneurs should be working towards. Entrepreneurship has become a lifestyle as opposed to just a paycheck. With an entrepreneurial mindset, you can do anything. Check out these current trends in business that every entrepreneur should work on achieving:

E-Commerce

E-commerce has been a significant trend for the past few years, and you can expect it to continue being so. E-commerce has multiple benefits, including increased revenue, high availability of products, and a more significant customer base.

E-commerce allows businesses to be present on all digital platforms, which helps them reach out to more customers quickly. In addition, it makes it easier for companies to reduce overhead expenses as there are no physical stores that have rent costs associated with them or inventory levels that need maintenance constantly. Statistically, e-commerce has grown rapidly in the past few years from 25% – 30% year on year.

Financial Apps and Software

The software aspect comes into play when considering how businesses manage their finances moving forward. Companies must adapt to technology. Otherwise, they will find themselves left behind by competitors who embrace emerging technologies such as cloud computing and mobile apps. It is also easier to make purchases using these apps and communicate with the sellers. Incorporating such software with equipment and partnerships with a payment processing company will diversify the business activities and set you up for expansion.

These apps allow them to move away from traditional forms of financial management such as spreadsheets and accounting software to financial management apps such as Xero. With these new apps comes the ability to monitor business finances from anywhere, which can help businesses grow faster than what they would ordinarily be able to manage with slower conventional processes.

Blockchain Tech

Blockchain tech is the current trend in business that every entrepreneur should work towards achieving. You can apply this technology to many different industries, and entrepreneurs need to find their niche within this growing market. It’s also critically important not to overlook blockchain tech when deciding which cryptocurrency or token you want your company associated with.

Both positive and negative factors are involved in choosing one solution over another, but it all comes down to finding what works best for each situation. For example, today’s most valuable aspect of blockchain tech is its promotion of secure transactions between parties while eliminating third-party transaction fees (or at least significantly reducing them).

It means that businesses operating on a global scale could potentially enjoy significant savings in maintaining financial records. Transparency is also an important selling point for blockchain tech. The decentralized nature of its design makes all transactions public and easily accessible by anyone who has access.

Fraud and Cyber Crime

Another current trend that every entrepreneur should work towards achieving is fraud and cybercrime. In today’s modern world, the internet has brought the business community closer together as it allows you to reach a global market from almost anywhere with an Internet connection. Unfortunately, this means those who want to take advantage of this have access to millions of more potential customers, making it easier for fraudsters to steal money from unsuspecting victims.

Businesses that are not careful can fall victim to several types of cybercrime, including phishing, spoofing, pharming, and identity theft. These crimes are increasing at an alarming rate as more people use the internet for business purposes which means scammers often target them.

Conclusion

Today, business is becoming increasingly challenging. The traditional ways of doing things don’t work anymore, and it’s time for entrepreneurs to adapt to stay relevant within the industry. However, the industry itself is evolving rapidly, and it’s challenging to keep up with the changes that are happening every day. Fortunately for you, this post is here to help you understand the current trends that every entrepreneur should work towards achieving.

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Employee Training and Development Becomes One of the Most Disruptive Megatrends That Is Shaping the Future of Work

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Employee training

There is no question about the effectiveness of employee training and development. It’s incredibly important to help your staff advance their skills and knowledge to help grow a business, but the impact of employee learning has often been understated and even neglected. However, companies are now suggesting that employee training and development is one of the biggest megatrends that have completely transformed the future of work. It has overhauled how businesses should be developing and engaging with employees, and it’s leading to an incredibly diverse and talented workforce that is capable of wonderful new things.

Part of the problem of employee training and development is that it’s difficult to measure its impact on the workplace. Employee performance often isn’t a quantitative measurement that is easy to read and link to their output. This is one of the reasons why the effectiveness of employee training and development has been questioned by management experts.

Thankfully, new strategies have been developed to help measure workplace learning and its impact on companies. Below, we’ve included a helpful infographic that covers some of the most important measurements, such as return on investment and how it is calculated in the context of employee learning and development. It should put the effectiveness of employee training into perspective and will help you better understand when training is needed and how development actually improves your business and its productivity.


Infographic by: Ezra Coaching
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