Focuses on time reduction in meetings through the use of group decision support systems (GDSS). Reports on some criticisms of GDSS, in that it increases time taken to reach a decision, and addresses this issue. Refers to Grosch’s Law, the Satisficing Model, and the 80/20 rule (or Pareto Principle). Applies the 80/20 rule to the number of papers published by a number of authors. Plots a chart of the figures and finds that 77 per cent of papers are written by 23 per cent of authors. Links back these findings to GDSS and suggests that by controlling openness, some control can be exercised over the length of time it takes to reach a decision. Indicates that the use of electronic meeting systems will increase and, consequently, further research should be carried out in reducing uproductive meeting time.
The Internet of Things (IoT) has the potential to increase quality of life, heighten performance of systems and processes, and save valuable time for businesses and people. Common objects and devices are being linked with Internet connectivity and have capabilities for data analytics that affect day-to-day experiences of both individuals and businesses. The notions of Smart Health, Smart Cities, and Smart Living come into play as the Internet of Things plays a role in today's world. This chapter presents IoT devices and application examples as well as descriptions of the benefits and limitations alongside an assessment of each respective technology's potential for success in the future. Security and privacy are important factors that need to be addressed within the different domains. This chapter addresses these potentials, issues, and challenges for managers to be prepared for the new wave brought forth by the IoT.
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