Artificial intelligence (AI) might represent a threat to some jobs which could be carried out by machines in the future. However, this technology remains very interesting in the field of recruitment and skills management. In an ever-changing job market where training will become continuous, AI draws up new communication patterns for recruiters and candidates. It also gives human resource departments access to new possibilities and opportunities.
Combined with a human perspective, AI could positively influence recruitment processes in the future.
Better and more efficient recruitment processes
Automation in recruitment will enable the management of large volumes of jobs and applications. For example, on LinkedIn, the AI algorithm quantifies the skills of the applicants with regards to a job offer. Afterwards, it proposes a classification of candidates, taking into account their levels, training and their previous job backgrounds. This is useful for the candidate, who can know where he is in relation to his competitors. This functionality is also useful for the company who can assess the applications more quickly.
Following the intervention of the AI, the recruiter can fully make use of his emotional intelligence during interviews. He can assess each candidate’s know-how, non-verbal communication, fluency, leadership and/or proximity to the company’s values.
Learn throughout your career(s)
Another part of human management in which AI has a strong place is the evolution of careers. The contemporary situation of careers is very unstable. There is a rising trend of professionals who are changing career paths due to poor career guidance. Many employees are also experiencing a static state when they should be in an environment that allows them to grow. AI will be able to help people develop their own skills, in order to build a fulfilling path for themselves. That will be possible through automated skills audits that facilitate self-diagnosis. They will be able to assess their orientation, identify missing skills in order to access new careers.
Companies have already seized these tools to support their employees in new jobs and thus develop their employability. By offering more opportunities for growth to their employees, companies can expect to grow in return. This will happen due to a constant improvement of their employees’ skills as they evolve with regards to their careers.
Working towards sustainable recruitment
The social and environmental awareness that accompanies the digital revolution is also changing recruitment patterns. Companies who adopt values relating to environmental sustainability are more likely to attract young and passionate employees. The same logic applies to diversity and human and/or career growth. In light of this reality, it is our collective and individual responsibility to be part of a sustainable recruitment process. That involves using IA solutions as an access facilitator. The digital transformation of recruitment must indeed be a catalyst for diversity and equity in real life.
Digital technology allows people to go beyond their own networks, meet new people and confront various points of view. Afterwards, things can go a step further following physical encounters. In this context, determining factors build each one’s path towards his sustainable professional project and his future career.
A motivated team equals work that is of high quality. Discover 5 tips to motivate your suppliers or employees on a daily basis.
Poorly motivated employees or suppliers tend to quickly exhaust themselves, thus becoming unproductive.
You should aim at achieving a good quality in terms of work and increasing your employees’ loyalty towards your company. To do that, you may have to switch strategies regarding your employees. That is, shifting from the simple assignment of objectives to the transmission of a company culture.
Here are 5 tips to boost your team’s motivation and get better results:
Create a feedback culture
Your employees may not know how to improve or they may not be able to improve. In these cases, how will they and their work be able to evolve?
Regular feedback gives you the opportunity to boost their growth. This does not mean scheduling more meetings. Rather than that, try to take a look at your team’s productivity from time to time.
Delegate more difficult projects to your team
In order to not end up with automated employees, try to protect your staff from a boring daily routine. When employees perform the same tasks every day, they quickly become complacent. Get them to try other things by giving them the opportunity to take risks.
One way to do this is to give them a project that really represents a challenge to your team. Define new targets and objectives during quarterly reviews. They will have the following quarter to work towards these goals.
Maintain a list of challenges
Ask your teams to create a list of projects to complete, problems to solve or skills to acquire. The goal is to find a challenge to keep them busy, but also to teach them how to challenge themselves.
Your employees will be eager to take on a new project or solve new problems. Testing their skills outside of their day-to-day work will make their job more interesting. Instead of waiting for the time to pass, they will focus on solving business problems or improving outdated processes.
Offer various training programs to your employees
Training allows employees to increase their effectiveness on the job. It also ensures that their knowledge and skills are up to date.
A company offering hands-on, up-to-date training will not only retain its workforce, but also reap the benefits of their improvement.
Change the objective-setting process
Objectives are important to motivate your group. To challenge your employees, you need to rethink the goal-setting process.
They should not focus on reaching them, but on finding the best possible solution to achieve them. This technique challenges the employee to be creative, rather than to find quick and simple solutions.
Set animated, necessary and achievable (but not too easy!) goals that your employees will enjoy reaching. Unlike the easy targets, which leave them stuck in a routine, these should stimulate brainpower and encourage high performance.
Challenge your team members to take risks, step out of their daily roles and advance in their careers. Also, do not forget about challenging yourself. Improve your training, focus on feedback and rework your goals. In the end, everyone will be more successful and more committed, including you.
https://turbine.mu/wp-content/uploads/2019/10/Motivate-your-team.jpg327400Turbine Team/wp-content/uploads/2018/10/logo-turbine-50.pngTurbine Team2019-10-08 08:45:282019-10-08 08:45:285 ways to motivate your team
In attempt to keep its incubated entrepreneurs inspired and motivated, Turbine organizes Entrepreneur’s Talks. This is an opportunity for founders of new start-ups to learn about the journey of seasoned entrepreneurs, to ask them for advice and to exchange ideas with them.
This month, we had the pleasure of welcoming Zulaika Sunthbocus – Co-founder and Managing Director at Spoon Consulting.
Zulaika is Mauritian, born and raised. She has done her primary and secondary studies in Mauritius and then moved to France to pursue her tertiary studies following which she started working as a software analyst. She always knew she wanted to come back to her roots in Mauritius.
While in France, Zulaika tells us she climbed the professional ladder she started off as an analyst, getting from programmer to manager to project manager. By the time she left France she was an IT consultant at PwC accompanying her clients in their information system implementation. When she came back, Zulaika worked at Accenture as a Delivery
Manager for about a year. It was then that she teamed up with her co-founders in order to set up Spoon Consulting.
The idea was to build a company that would provide ERPs and CRMs, and they could do so by leveraging the fact that all 3 of them were Oracle consultants. The 3 founders invested their savings in order to create Spoon Consulting. Zulaika mentions that they have always been trend setters as even during their early days they were investing significantly in training on the salesforce platforms for their team.
In the early years, she was very involved in operational activities of the company until one day she decided that perhaps she should try something a little further out of her comfort zone. She decided to venture out into another business. Being a certified PADI passionate diver, it was no surprise that her venture was in the diving sector. She built the business up and ran it for a couple of years.
But fate brought her back to Spoon Consulting in 2013, this time her role in the company was different. This time around she was more in charge of the Talent and Culture aspect of the company, and it turned out to be something she thoroughly enjoyed. Today Spoon Consulting has over 100 employees and she attends most of the recruitment interviews.
She enjoys working with her teams in order to promote a healthy work culture. She explains that having a committed team is one of the pillars of running a successful business. At Spoon Consulting prides itself in the attention that they provide to their employees. It is important for them to make their talents feel like they are the major asset of the company directly generating value for the company through their high-quality delivery geared towards customer excellence.
To what would you attribute the sustainability of Spoon Consulting as a company that is born and bred in Mauritius?
She accounts the sustainability of Spoon Consulting over 15 years to the following:
She has nurtured a leadership style with the major objective to empower her team which remains the major asset of the company
Within this culture, she is continuously challenging her team, taking them out of their comfort zone, and at the same time motivating them and valorising them and above all making them feel as part of the Spoon Consulting family
Ongoing training including soft skills training is being delivered whole year round to ensure that her people are not only getting more money in their pockets but also strengthening their brains.
Commitment and Strength.
It is important to note that it was not always a “La Vie en Rose” scenario with starting a company as a woman in the time that she did. IT was, as it continues to be, a male dominated industry and in that time, it was crucial for her to be committed to producing good work and maintaining positivity in order to build her credibility. She also points out that it is important to believe in yourself and never give up and today she is proud to be on board of several IT commissions in Mauritius, hence sitting at the same table of the IT guys .
The next thing is, money. During the first few years of Spoon Consulting, revenue was an issue for the company. She says this is something that everybody should be aware of, it is normal to have to bootstrap at the beginning. Getting money flowing into the business will not be easy. It can be frustrating to see that the forecasts don’t match the reality of the company’s performance. She says: “10 years ago, I was struggling, and it can be a stressful experience!” but today we are experiencing a constant increase of 20 percent of our revenues ( chiffre d’affaire) since 2015 and we have over 100 clients
And last, but not the least: Diversity
Don’t be afraid to embrace new technologies and trainings for your employees. It is important to make it as a priority: Invest in training and cater for their well-being on a daily basis .
Always ask for feedback, even though sometimes feedback can be negative, it is important to be able to learn from your mistakes. Focus on lessons learnt and learn from the perception of the client. See the situation from the client’s point of view. This will help you identify the factors that help differentiate you from your competitors.
Moreover, when it comes to personal level, Zulaika says it is important to be passionate and motivated. She lays emphasis on keeping a positive and bold attitude while working.
She says she is amazed when she sees entrepreneurs working at Turbine. She feels that these people are fearless and is quite inspired by this.
How do you recruit? And how do you make them stay?
They recruit graduates from the University of Mauritius who they then put through a bootcamp training and on the job training.
Treating Talents Like Assets
When it comes to retaining talent, Spoon Consulting is a big advocate of investing on training, valuing the talents they recruit. To treat them like assets that appreciate over their journey with the Company. This creates value for the company as well as the employee as you then become an institution through which they get to grow professionally. That being said, the company also covers half of the medical insurance, they pay half of the gym membership, they sponsor mini football pitch for team members that like to play football. They are sponsors of a great number of IT events in Mauritius and they even bring members of the team to huge IT events in San Francisco on a yearly basis since 6 years now.
She explains that Spoon Consulting has also implemented “Top Talents” these are employees that get preferential trainings to develop their skills based on their exceptional performance. There are two appraisals a year and managers are trained to value their subordinates.
Their performance appraisal is based on Engagement, Value Creation and Knowledge transfer within the team.
They have also coined the term “Spoon Spirit” in the company which implies taking ownership of their tasks and feeling like they are in a family at Spoon Consulting. A lot of the training at Spoon Consulting is done by the seniors to the juniors.
How do you keep up the spirit when the revenues fluctuate?
On low seasons they encouraged people to follow training to improve their skills. It is important to show them that they can still generate value for the company when the sales are low. Developing their skills during low season ensures that they can deliver a continually improving service to their customers.
How have you managed to stay with your co-founders?
It is important to have complementarity at the heart of a founding team. Theirs is broken down as follows: Marketing, Tech and Culture.
It has not been that easy, she says. But they have had (and try to keep) a good communication. They have never taken one executive decision without having a unanimous clearance. When one of the founders wants to take a new measure or initiative, Zulaika explains that they must have a valid and rational reasoning behind it.
As a parting note, Zulaika imparted an important piece of advice: Learn to identify and to seize opportunities. They can make or break your path as a business owner.
Moving a business is complicated and costly. You need to plan everything perfectly and anticipate future happenings before you expand your space.
The more your business grows, the more space your team needs. With sustained growth, you will need to move offices so that your employees are comfortable. You will also need to plan for future additions to your team.
Here are some tips to help you when plan your move:
Time your business’ move
A larger space becomes increasingly important as your company undergoes steady growth. However, if you decide to move, you should ask yourself when the right time to do so would be.
The answer becomes “yes” as soon as you begin to experience disorder and distractions. Is there no room to work anymore? Does the location no longer support your employees’ productivity? If the answer to these questions is “yes”, it is time to consider moving.
Be thorough in your planning
Consider changing offices well in advance to have a smooth transition to the new location.
Expect the unexpected. Take your time and consider the company’s and the staff’s needs. Anticipate your growth rate before deciding on the size and location of the new office.
Consider the storage of equipment and the number of new employees you will need in the future.
Think of your employees
Don’t follow the trend, look for the best option for your employees:
Open-spaces may be popular but are they suitable for your team?
How can your company adapt to this change?
What changes do you need to make to create the best possible environment for your employees?
Ask them what they need. Involving everyone who works with you is important, because everyone will have different ideas and demands.
For example, a creative team may request a private room, the human resources may need individual offices, and sales people will want space to welcome clients.
While you won’t be able to meet all of their requirements, asking them will make your employees feel more valued.
Avoid an expensive and long-term lease
Don’t let prestige blind your judgement!
Your profits may have skyrocketed, and you may have hired new employees. That does not mean you have to move to a high-end building, especially if it is just for “the image”.
Choose large spaces
To avoid getting stuck in another small office a short time after your move, always think of extra space.
Even if your team can’t use it all at the moment, you can still rent it before hiring new staff. This saves you the hassle and distraction of finding even more space as you grow.
Train your team to adapt to new environments
A team should be operational regardless of the environment.
Build team spirit in your employees so they always remain productive, no matter where they have to work. It is also always important to arrange your future office a way that will foster team work.
By following these 6 tips, your move will go smoothly and you will not fall behind in terms of productivity. Consider involving your employees for this important moment in your company’s history. Finally, don’t forget to inaugurate your new office by throwing a party!
With the advent of laptops and increasingly accessible and fast internet connections, working at home is a huge success. Many digital nomads take advantage of their freedom to change offices regularly. Some of these entrepreneurs choose coworking, the benefits of which are more numerous than one might think. This article will elaborate on coworking and office sharing experiences and their advantages.
Coworking saves money
Sharing offices often happens for economic reasons. Office rent can cost a lot of money per square metre, especially in big cities. Adding a few more workstations to the premises will allow you to optimize the work space, thus reducing the cost.
Similarly, there are many ways to diminish other fixed and variable costs associated with business management. These include the consumables related to the basic management of the company (coffee, electricity, internet, printer, maintenance expenses, etc.).
A group meeting room, with a reservation system, also allows you to fully exploit the space that you are renting.
Why not also consider sharing software licences? Creating an additional account is better than subscribing to a new full subscription.
If your businesses are successful and the coworking goes well, you can consider renting bigger spaces for your growing companies. It will enable you to increase the standard of your office without costing too much.
Say goodbye to loneliness
One of the main problems of entrepreneurship is loneliness. Therefore, another main advantage of coworking is the possibility to meet people.
By “crashing” into offices that are not your own, you can meet other people and no longer work alone. These meetings can often also generate additional business for you or your host. Coworking with people in a field of activity close to or complementary to your practice is a smart move. You can respond together to requests from customers or simply seek help from those around you.
Shoot for your business’ growth
If you trust and get along with your coworkers, try to organise regular meetings. For example, you can have breakfast together on Friday mornings and talk about what happened during the week. These meetings would allow you to discuss problems and think up solutions, like a team. This is a great way to come up with fresh ideas that you maybe would have never thought of alone.
Incubators are particularly suited to this practice and are the ideal place to find coworkers.
Prerequisites for problem-free coworking
For coworking to work, you have to get along with the other parties. This is why a lot of people choose to cowork with friends. However, strangers can also make for perfect coworking partners.
For instance, open spaces are places where everyone can work together as long as they follow the rules. The aim is to create an atmosphere of mutual respect and understanding. These rules should include noise restrictions and security measures. You can also create a contract to make sure that everyone abides by the rules you define.
If you can find the right coworkers and working environment, your business will evolve in a dynamic space. This is less socially taxing and more beneficial in terms of money and growth than working at home. Ultimately, the key is to follow the rules and get along with each other for a smooth coworking experience.
https://turbine.mu/wp-content/uploads/2018/07/Coworking-e1565617259601.jpg250400Turbine Team/wp-content/uploads/2018/10/logo-turbine-50.pngTurbine Team2019-08-12 17:41:262019-08-12 17:41:26Coworking and its many advantages
Developing your business abroad seems simple thanks to the Internet. However, internationalisation can fail without a good prior study of the competition, the market, and/or cultural codes.
Digital activities are continuing to grow internationally, partly due to the facilities that the Internet offers to entrepreneurs. It is easy to slack off with the advantages of technology. It allows you to create an activity with the prospect of developing it internationally, all without moving from home. This does not mean that it is effortless. To expand on an international scale, you will need to grow your expertise and multiply collaborations. Therefore, staying at home and taking it easy is not a real option.
Below are some key steps to take when planning to launch your business abroad.
Analyse your business’s performance with regards to the local market
Before considering the expansion of your business on the international scale, you should conduct a study about its current performance. Are local customers happy with the services that it offers? Is your business successful at the local level? If the answers to these are yes, you should try to understand what makes your product/service appealing to consumers.
If you are unfamiliar with the local market or the behaviour of your customers, you can ask them directly. Set up a feedback form on your website, e-mail your clients with questions or conduct a satisfaction survey. The information that you gather will allow you to identify what makes your product attractive to your consumers. This data will be crucial when you start working on internationalisation.
Understand the expectations of the target foreign market
Your product may be the best and most attractive in its local market. There is still a possibility that it will not work at all in a new geographical area. Various entrepreneurs face this problem when they attempt to expand abroad without carrying out prior research.
Determining the readiness of the target foreign market to accept your product is easier after studying its demands. It is also helpful to determine whether the competition is already established and powerful or not.
Be patient and take your time to determine the above factors instead of rushing in unknown territory. If you are lucky, you might struggle a bit in the beginning and learn as you go. With a little less luck, you will most likely fail to go with the trend and you will fall behind.
To avoid wasting your time and effort in an unsuccessful foreign business adventure, study carefully and prepare a viable plan.
Make your business adaptable
Observing the market and understanding it will also allow your company to adapt to its differences.
Adapting is necessary for the successful integration of your business in its new market. Be they languages, symbolism, colours or messages to convey, some are not well accepted in certain cultures. As they, your company should work to blend into the cultural mould of the destination market.
The prior research that you carry out will enhance your adaptability. You will be able to both merge with the culture and offer something new to the market. This is one of the formulas for success that are perfectly calibrated to an international deployment.
International growth is one of the most exciting and complicated stages in a business’s life. It can open up the market and the number of consumers within the enterprise’s network. It can also be catastrophic for development if it is poorly managed. Take the time to analyse and understand the new market, its cultural codes, its competition and its consumers. As said above, your product may be the best locally, but it must adapt to succeed internationally.
https://turbine.mu/wp-content/uploads/2019/06/business-businessmen-discussion-2182981.jpg44806568Turbine Team/wp-content/uploads/2018/10/logo-turbine-50.pngTurbine Team2019-06-17 08:56:002019-06-17 08:56:26How to develop your business on the international scale?
Communication between the members of your team is crucial to make your company achieve its objectives. Difficult communication wastes time, creates distrust and becomes a source of stress for your employees. These are the ideal factors for mediocre results. However, there are several measures that you can take to make your employees work better together. Here are 5 tips to promote harmonious collaboration between colleagues:
1. Promote human contact
Considering the variety of internal communication tools that companies employ, human contact is often deemed negligible. Some of your staff would rather send an email than walk to a colleague to talk over an issue.
Try to encourage your employees to get together for coffee. They might also benefit from a small informal meeting in the morning to get the day going. These will allow for a lot more productive discussion than a series of virtual messages would. Moreover, meeting face-to-face strengthens the bond within your team.
2. Correction: ‘reasonable’ human contact
While face-to-face communication has many benefits, it can also have some negative effects. For instance, walking up to someone to ask them about various small matters can become quite overbearing.
Before interrupting a colleague, it is important to look for signs of his/her availability. One of these might be to check whether the door to his/her office is open or closed. Another sign that someone is focused on their work would be when they are listening to music via headphones. In case the person is unavailable, it might be best to come back at a later time or to send an email.
3. Organise meaningful meetings
Spending time together brings team members closer and helps to identify common interests. In meetings, employees get to know each other and communicate properly. While these will not make all of the colleagues friends, they are an opportunity to understand everyone’s motivation. This will in turn also work towards making communication much easier. Also, if face-to-face meetings are not possible, video conferences are still a viable option.
4. Hang out with colleagues
If you want to create bonds between your team members and improve communication, consider bringing them together for fun activities. Arrange lunches together or go for drinks after work. Team building events or simply relaxing days out can also be helpful.
These moments bring your employees closer to each other and definitely end up having a positive impact on their teamwork.
5. Encourage respect and honesty
Improving communication requires commitment from the whole team. In order to achieve this, you should establish a corporate culture that promotes respect and honesty.
When there is an issue, your employees should be able to express themselves as much as they should be listened to. If you send an email or use any other technological means of communication, take the time to reread your messages to check the tone. Thoughts may manifest differently in text than in real life.
With seamless, respectful and effective communication, your team will become more productive. It will be easier for your employees to work together towards a greater goal: the success of your business!
https://turbine.mu/wp-content/uploads/2019/05/Team-Communication.jpg327400Turbine Team/wp-content/uploads/2018/10/logo-turbine-50.pngTurbine Team2019-05-03 18:31:572019-05-03 18:31:575 tips to improve communication within your team
People have different reactions towards the thought of changing career paths at 50. Some are excited, while some are scared and others are unsure. Many question the need to switch to another job at this specific age since they do not have much left until retirement. The reactions all depend on the point of view. One can see the years they have left at their current job as ‘a short time’ while another may see them as ‘an eternity’. Most people looking to change careers agree with the latter thought. They either do not like the work they are doing or they want to switch to something they like more. The question is: is it possible? It may be difficult, but yes, it is definitely possible to change career paths at 50.
The hardest is to decide whether to stay at their current job or to leave. After passing all these years at the same company, climbing up the ladder and becoming an expert at a specific work, choosing to switch can be very difficult. Many are scared to move out of their comfort zones, which is a perfectly normal reaction. However, time passes as people hesitate with their decision. Statistics show that workers who launch themselves directly into the job search are more likely to get employed than those who prefer to wait for the right timing.
After taking the leap, the difficulties that one may face include fierce competition, technological disadvantage and financial liabilities. There is a very big number of highly qualified young job seekers on the market. Technology will also always be a problem for the older generation. This applies to those who are 50 now as well as those who will be 50 in twenty years. Looking for a new job is also time consuming, a period which may create a dent in years of savings. However, older job seekers retain certain advantages over their younger counterparts. Their most important plus point is experience. Even if they are changing career paths, they have acquired various skills over the years. These abilities will surely be useful. High-level skills and experience in the work environment can highlight a CV and increase the chances of getting employed.
Here are some tips that can be helpful when deciding to change career paths at 50:
1. Know what you want to do and what you can do
It’s important to be both positive and realistic when choosing to switch jobs. Taking the time to think about what one wants to do and what one can do is a crucial step.
2. Weigh the money implications
While money should not be the main goal when changing careers, it should still be on the list of things to consider. After all, a certain amount of income will be necessary to pay bills and afford some luxuries.
3. Upgrade your skills
One is never too old to learn. Mastering new skills to meet the requirements of the current job market should not be a setback. The job seeker should also be ready to learn and adapt to a whole new job from scratch.
4. Seek help and support
As mentioned above, changing career paths at 50 is not easy. Therefore, seeking the support of family and friends as well as professional advice will surely be helpful.
All in all, ending a job adventure to begin another one can be challenging. However, wasting away precious time at a job that one hates is not a wise decision. Change should therefore be an option so as to experience what life has to offer to the fullest.
When you think about launching your start-up in Mauritius, various questions and doubts arise. Will you get funding? Does Mauritius have a market for your business? Will your start-up be able to grow within the island? However, despite its shortcomings, Mauritius may be just the right place to launch a start-up.
Helpful development schemes
Mauritius offers several development programs to help entrepreneurs in their venture. Schemes such as the SME Partnership Fund, the Mauritius Business Growth Scheme and the AFD Green Lending Scheme are available to business launchers. They can assist in both the opening and the growth of a start-up. Another way through which entrepreneurs can get support is incubators. These organisations specialise in the nurturing of a business. This includes, but is not limited to training, funding, legal assistance and the provision of office space.
The Mauritian market and growth opportunities
As a developing country, Mauritius is hungry for and open to new ideas. Innovation is fuelling the booming technological sector and creativity is being sought out everywhere. Now would therefore be the best time to introduce your idea and to try it in a start-up. Many young entrepreneurs have tested the waters, tasting sweet success. Some of them are Blast Burson-Marsteller, Focus Events, Sweat and Laugh, amongst others. As the country continues to develop, it will rise in terms of economy and innovation, providing further growth opportunities to Mauritian businesses.
Beginner friendly environment
Aspiring entrepreneurs who want to launch their first business will find Mauritius to be right up their alley. If you are Mauritian, you can count on your familiarity with the country and its citizens for a pretty smooth start. Mauritians who open their business on the island already have an idea about what their market will welcome or reject. They also benefit from the support of their family and friends, which is an invaluable asset. Before becoming a fully-fledged enterprise, start-ups often have to go through trial-and-error phases. While some aspects of a new business may pass with flying colours, others may fail. Dealing with failures is hard for anyone, even more so when in an unfamiliar place surrounded by unfamiliar people. As such, it is always a good idea to start in a familiar environment.
Foreigner friendly too
Favourable conditions also welcome foreigners who wish to launch a start-up in Mauritius. With the country’s low-tax jurisdiction and investor-friendly environment, the process to open a business on the island is quite smooth. Foreign entrepreneurs can also benefit from the support provided by the schemes and organisations mentioned above. Since Mauritius is a small country, it can also be a perfect test location for a start-up. Trying out an idea can be risky depending on the scale at which the test is carried out. Therefore, reducing the impact of the success/failure by testing in a small area can be beneficial to new businesses.
While Mauritius is small, it is a fertile hub for entrepreneurs. Its current status as a developing country prompts further growth, offering the right environment for the launch of start-ups. Whether you are enthusiastic or hesitant about opening your business, the advantages and opportunities that the island provides will undoubtedly be beneficial to your venture. So, ready to take the first step?
https://turbine.mu/wp-content/uploads/2019/04/Business.jpg534800Turbine Team/wp-content/uploads/2018/10/logo-turbine-50.pngTurbine Team2019-04-15 20:29:502019-04-15 20:29:50Launch your start-up in Mauritius
Technology is omnipresent in our current lives and its importance is bound to grow as the years pass. One of the most innovative fields of study within computer science is artificial intelligence (AI). This sector focuses on the creation of intelligent machines that work and react like humans.
Speech recognition, machine learning and problem solving are some of the activities performed by these intelligent computers. As the popularity of AI increases, so does its application in various industries. Below are some of the ways in which this technology will revolutionise our lives.
Health will no longer be a problem
Machine learning refers to a computer that can learn by itself. As Pedro Domingos, author of ‘The Master Algorithm’ says, “Machines can attend to vastly more information and more complex processes than human beings”. Given a certain database, an AI system can analyse it to find the solution, and this includes the cure to cancer.
Various companies are already making use of machine learning to observe and identify human behaviour. Smartphones, for instance, already include several health sensors. In the future, this technology might be improved to predict when a person is going to have a heart attack. Following this diagnosis, the phone will call the emergencies and may also save the person’s life. Sensors might be included in people’s bodies to cure them from illnesses before they even realise they are sick.
Wars will involve less human loss
As Chinese philosopher Laozi stated, “The best soldier fights without vengeance, without anger and without hate.” Robots fighting in the stead of humans on the battlefield will result in a decrease in the loss of lives. Even if it is smart, artificial intelligence will still be artificial. Computers do not get angry, sad, scared or murderous. As machines do not feel emotions, they are less likely to suffer from traumas and to act on impulse. Decision-making with regards to fights may therefore become more strategic and less chaotic.
The job market will change drastically
Robots are already responsible for a staggering number of job losses incurred over the past decades. With the rise of artificial intelligence, this number is sure to climb even higher. 47% of global jobs could be taken by AI in the years to come, according to an Oxford University study. Indeed, the creation of intelligent machines that can think for themselves will negate the need for much human interference. Surgeons will be replaced by computers who will not make mistakes and soldiers by robots who will not die.
However, not all jobs are at risk. For instance, mental routine work is a lot easier to automate than common sense. This includes street sweepers and people who do work which requires contact with the physical world. Jobs that function via creative and critical thinking will also be more in demand.
Despite having both its good and bad points, artificial intelligence will no doubt affect human life in the future. Understanding how it works is therefore crucial for progress within the field of machine learning.