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Video Is Changing Businesses, Education, And Careers

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Video seems to have existed for a long time, decades even. Why then, is it causing such consequential changes now? The 21st century has so far proven itself to be the fastest-paced time in human history. This change has prompted conventional industries and organizations to shed their old practices and embrace the digital current. A key aspect of this sweeping current is the refinement and accessibility of video, and its overwhelming presence online.
The “viral video” is a key component in the Internet space, and has amassed so much esteem and regard, that it has allowed average individuals to cross over and be showcased in mainstream media. Viral videos usually make an appearance on the main broadcasting channels or on shows like The Ellen DeGeneres ShowThe power and scope of video is not limited to viral pieces alone. Entertainment and humor from short clips online, videos have extended to impact every aspect of the physical world from business, current affairs, and education. A single, powerful device has found decades’ worth of practices and assumptions to uproot and revolutionize. A prime example is the mannequin challenge, were people freeze in action for about one min. It all started as a college challenge, filmed on a smartphone and shared on Facebook.

Businesses

Businesses have undoubtedly experienced the most positive change with the dominance of video. Videos are now widely used to market products and services that businesses may have to offer. This form of marketing has proven to be more concentrated and effective, and each video is a result of high-end production value and laser-like focus on a target audience’s consumption and response patterns.With the popularity of social networking platforms and the sheer amounts of site traffic, businesses have taken to video to trace online patterns and usage to target advertisements accordingly. This makes for marketing campaigns to be far more lucrative in that they reach the intended audience at optimal times. Video production and video marketing services are encouraging businesses in all fields to use video to attract customers and to reach a new level of engagement.A teenager scrolling through Facebook with a particular bias towards beauty will have makeup advertisements come across as an endorsed video of a particular brand. Likewise, if any user’s online preferences and behavior lean towards software and technology, they are more likely to find a few marketing videos related to the subject during their usual scrolling.Video is increasingly used in presentations and orientations, to better accustom fresher recruits with business models and practices. A short 5- minute video outlining the core philosophy of a business has a better chance at engaging investors. The online fundraising website, Kickstarter, requires pitchers to publish a video alongside their business model which details their entire product at length. This specific video alone has the power to make or break potential investment deals, and startups often allow a lot of time and attention to go into making this short video exceptional.Video calling and conference calls are slowly becoming somewhat of a norm. Businesses have found video to be an ever-helpful alternative. Not only are calls easy to arrange and connect, but they can be carried out on short notice and dramatically reduce the costs that usually go into long-winded business trips.Video is also increasingly used by businesses in training initiatives and programs. This practice stems from the vast amounts of scientific evidence available that proves how learning and retention is linked with visual and sound aid.

Education

Statistics, numbers, and information are better processed via visuals. 40% of the brain’s nerve fibers are connected to the retina, which makes the brain’s ability to process visuals much more efficient than computing text. This is the reason why video is assuming a more dominant position in modern education and teaching processes.According to the Visual Teaching Alliance, visuals are processed up to 60,000 times faster than plain text. This has greatly impacted the way teachers approach their jobs, and has allowed a number of companies to invest in the market of providing educational material that supports visual-aid.Providing visual aid does not only translate into a positive increase in scores, averages, and performance values; the key here is retention and comprehension, and how researchers have discovered that visuals and video improve learning by 400%. Schools and colleges are now reinforcing video in curriculums and courses, to make teaching programs more efficient. The end result is a more competent, able, and lucrative job force, that is able to approach various areas of business with fresh perspectives and ideas. Video is quite literally aiding the development of a smarter, more skilled workforce for future generations. This has vastly changed career dynamics and competitiveness, as well as opened up new careers and professions.The reach and influence of video is only expected to expand in the coming years. Educational institutions all across the world have begun to replace conventional paper-bound textbooks with iPads containing downloadable texts that feature a number of videos. For subjects such as History and Science where greater retention is required these videos prove themselves to be extremely efficient.

Careers

People can now form functioning careers out of video. The second-most popular website globally, YouTube, is a video sharing network that features a considerably substantial amount of online content creators and entrepreneurs.These “YouTubers” have managed to gather millions of devoted followers, and content creation has become nothing short of a highly successful career for many of them. These individuals earn a considerate amount yearly by simply creating engaging and thought provoking content with paid endorsements and advertisements. Majority of these online personas go on to star in movies and series, become best-selling authors, and go on world tours. Video has opened platforms that seemed impossible before.There are a number of Internet celebrities that started off with uploading shaky footage, and have now catapulted into mainstream media platforms. Comedian Bo Burnham began his career 10 years ago in his room, where he recorded himself singing his own pieces. Today, the 27 year old has two specials on Netflix, and has been able to tour and perform stand-up comedy on live television shows.Leading online sites such as BuzzFeed and NowThis offer 30-second videos to viewers that cover a range of topics. Anything between politics, current affairs, style, and technology trends are covered via short, informative videos. These have become nothing short of the evening news bulletin for much of the online crowd today.As this year comes to a close, one can only help but marvel at the revolutionary leaps and bounds video has taken recently. What began as an innocent medium to share engaging content and media, has now transformed into something of a business essential, a corporate tool, and a socio-political rallying-point. Though video is still overwhelmingly used for various purposes, a sizable chunk of leading businesses and social institutions have discovered that video may be an excellent tool to engage, market, relay, and educate.

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Business Insurance And Why You Need It

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Business insurance is a requirement that you should not ignore even if you are in a low-risk workplace. For certain business sectors such as healthcare industries, mechanical workshops or amusement parks, getting a liability insurance is essential. Finding the best insurance can be a challenging and complicated process, but it is better to get an insurance coverage. Disasters happen, and you need an authorized protection to save you from severe economic loss.

Why is business insurance necessary?

If you start a business and employ some people, you need to have business insurance. It is a legal requirement. The insurance coverage varies from one country to another. Almost all countries have made it compulsory for the companies to get a liability insurance. You may think that your business is small and has less risk. You can also think that you can afford the losses your companies might face. The business experts always advise getting a proper insurance for every kind of business. There can be natural disasters like floods or earthquakes. Fire accidents and thefts are not the only risks. Your business can incur massive losses due to disruption of work. There can be cash crunch, skilled labor crisis, road work, police barricades and criminal acts too. You should consider all the aspects before buying an insurance coverage for your company.

General Liability Insurance

Almost all trades have some liabilities. So, a general liability insurance is essential. Before you hire some employees for your business, get a liability insurance first. Your company becomes the ‘employer.’ It becomes a legal need if you wish to make your business a limited company. If any of your staff falls ill or faces any fatal accident during working hours, your company becomes liable. You need to discuss with your insurance broker about the amount of liability insurance cover your business needs. If there is any death because of their work in your company, you need to arrange appropriate compensation. So, you should avoid any expense trimming while buying insurance for the company.

Professional Liability Insurance

It is also known as errors & omissions (E&O) insurance. This is not a one-size-fits-all insurance. Each industry has different concerns while running the business. So, you need customized coverage for your business. The professional liability insurance protects the business from the claims that the company was negligent in performing their services accurately. When you buy the E&O insurance, make sure you appoint an attorney for your company who can defend the lawsuits filed against the company.

Property Insurance

Property Insurance is a must when you run a business. Be it your own building or leased property, you need coverage. This insurance covers your business inventory, equipment, signage, and furniture from any losses due to fire, storm or burglary. Home based businesses still do not get much coverage from property insurance. You need to ask your insurer for extra coverage.

Product insurance

Apart from the above-mentioned insurance policies, you should get an additional product insurance to cover your manufacturing business. It covers any loss due to manufacturing, distributing and retailing hitches.Buying insurance for your business is complex. You need a trustworthy insurer. Every business needs a unique package based on the requirements of the company. You should always review your insurance policies and keep them in active status.
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How Millennials Are Changing The Workplace

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Millennials are reshaping the traditional corporate structure. With new CEOs entering the workforce, more companies have been adapting new tactics for managing, motivating, and improving. Millennial entrepreneurs have set the new standards to doing business, focusing on collaboration and efficiency. Soon by 2025, millennials will accommodate 75% of the workforce. This will replace the baby boomers, who have been recorded as the largest generation in the workforce. This instant switch leaves other generations questioning their management. These are 4 ways millennials are changing the workplace:

Emphasizing Technology

Millennials are the generation born after year 1982 and before 2004. This was essentially the era of technology beginnings. To be raised in the ever changing state of development, this generation foresees big things for the digital future. This need for rapid growth has created various platforms for creators, entrepreneurs, and more. Millennials have a profound belief that technology is the future, and so we should precisely use it to our advantage. Networking has been perfected with Linkedin, while Youtube is colonized by content creators, and Slack has better connected employees.

Open To Change

Millennials were born to alternate between innovation and tradition. To be raised in the era of constant development, generation Y has cultivated the skill to be open to change. Arguably, change is intended for growth, so that is how Millennials greet it. The digital age has disrupted traditional systems for the better, a concept that was impossible in the past. Due to the inconsistency they’ve experienced growing up, millennials have subdue their harsh conditions by advocating innovation. Although innovation is a new idea, generation Y strictly believes this is an optimal lifestyle.This generation does not believe in a constant, that everything has potential. Camden embodies that figure of high potential. Organizations are racing into the city of Camden, for it is the next startup hub for Millennial entrepreneurs. With the economy’s rapid growth and welcoming nature, businesses are rushing in to secure their space. Just outside of Philadelphia, the city of Camden possess hope, just what entrepreneurs need.

Work With Purpose

Millennials differ from baby boomers in one drastic motive. The new generation seek a sense of control and innovation that past generations seem to lack. Millennials deeply value purpose, to even go the extra mile in changing jobs for content. Perhaps it’s due to their entitlement, but Millennials are stubborn to the belief of following your inclination. 60% of employees confess that it is critical to allow them the capacity to do what they do best. Many Millennials will settle in the lower paying job, as long as it allows them the ability to express their talents.As observed in the city of Camden, non-profit organizations scatter throughout in order to rebuild the city of hope. Devoted organizations and passionate millennial entrepreneurs in the city are growing and giving back to the community.

Work Flexibility

The typical 9-5 business hour job is declining as Millennials continue to enter the workforce. The Census Bureau estimated that 13.4 million Americans work from home. The data will only increase when more Millennials start to work. This new career outlook stems from the disfavored opinion against office confinement. In the strong devotion for both work and freedom, Millennials compromised with the issue by creating careers from the comfort of their own home. Freelance work has been the popular option for Millennials, since it allows independency.   
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How To Be More Productive During A Slow Week

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There's always something that needs to be done when you’re very busy with work. But what happens when a project is finished and you get a few days before it all starts again? A slowdown in work is normal but it can be boring especially if you’re used to being in the thick of the action at work. During this time you're probably looking for some things to do just to remain productive. Here are some great ideas to consider if you want to remain productive during a slow week.

Lend A Hand

Other departments or co-workers could be struggling to meet deadlines. Lend a hand to show that you are a team player. Ask if there is anything you can do to help (with your boss' approval). Aside from staying productive, you could learn something new or get a glimpse of how co-workers or other departments work or function and how it affects your side of the job.

Succession Planning

Have you thought about what happens to your work or teammates should you go up in smoke tomorrow? You should consider this seriously and think about succession planning. You basically take your job description and break it down so that each task is outlined per month. If this document does not exist, create it. It will make your job easier should you leave your job and your boss will thank you for it.If you have one, update it. It is important to keep your succession plan alive.

Call To Follow-up

When you're busy, you don’t have a lot of time to spend talking to people on the phone. Now that you have a slow week, it’s time to pick up the phone to catch up with clients, suppliers and stakeholders. Start with small talk because this will gradually become a lengthy discussion when you ask for their thoughts on how things are going. You can also bounce ideas around in order to gain their trust and foster the spirit of teamwork.

Give Yourself An Annual Review

Reflect on your performance this past year and think of ways you can do your job better. Aside from this, you can ask yourself if you're happy with your career or which direction you want to take it. Thinking about these things can help yourself grow as a person and employee. Bring up these insights during your next evaluation. Supervisors like employees who see the big picture.

Check In With Your Boss

Now that you have time to catch your breath, check in with your boss verbally or through email to update achievements and discuss the next steps. Employees sometimes forget to pass on good news to their superiors or to update on the future direction of projects. Catching your breath during a slow week is a good way to get managers up to speed. Aside from this, checking in with your boss reinforces your capabilities for bigger things in the future.Slow days at work are rare, which is why doing these kinds of things are important. Focusing on your interests and staying proactive can help advance your career, improve professional knowledge and keep you on top of things.
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