Deloitte Touche Tohmatsu has just released its tenth annual Predictions for the next 12-to-18 months. Here are three of the key findings they say will impact the Enterprise:
More than half of computing devices sold globally will not be PCs; smartphones, tablets and non-PC netbooks will outsell PCs. What does this mean for IT departments? Deloitte says, "The cost of managing a mixed network of both PCs and non-PCs is likely to be much higher than standardizing on one or the other." In this fragmented world, software and hardware will "likely require more customization, and developers may need to pick and choose which platforms they develop for, knowing that they cannot afford to address all markets simultaneously," Deloitte says.
Last week Deloitte Consulting LLP published a conversation on its Website with Jeff Schwarz, a principal in Deloitte's Human Capital practice, who shared his thoughts on how an economic rebound will affect companies' approach to talent management. When the economy turns around, recession will also turn-from retention strategy to potent turnover catalyst. Talent management will involve a delicate balancing act for companies, he said.
The fastest-growing technology companies just aren't growing as fast as they used to. Deloitte today announced its Technology Fast 500, an annual ranking of the top tech companies in terms of growth, and even the hottest vendors have cooled off a little thanks to the recession.
The average growth rate for the Fast 500, which ranks North American companies based on their revenue growth over the past five years, was 2,486 percent this year, down from 3,206 in 2008 and way off the 10-year high of 6,772 percent in 2002. "The winning companies are not immune to the economy," said Mark Jensen, managing partner of Deloitte's venture capital services, adding that "as the economy eventually recovers, we expect the average growth rate to increase."
Social media initiatives are all the rage at enterprises, with every department, from marketing to IT, using social networking sites to interact with customers, gain knowledge and build awareness of their brands. Right? Maybe not. According to a new study, small businesses aren't exactly on board.
In a survey of 500 small business executives conducted by GFK Roper on behalf of Citibank Small Business, 76 percent said that tools like Facebook, Twitter and LinkedIn haven't been any help in generating business leads or expanding their reach.