Technology innovations are disruptive and they are a critical part of business development and economic advancement. Massive technological changes threaten to change finance, data, transportation, and the future of work. Any industry that is profitable is at risk of disruption. Futurist Fundamentals helps you develop a vision of how the future will impact you and your profession, and it shows you how to plan your career as a Futurist to stay ahead of the robots.
Financial Technology, or FinTech, refers to technological innovations in the financial services industry. New technologies have allowed for a democratization of services, a disintermediation of service costs, and a more user-friendly financial services experience. The Future of Finance course fosters a broad understanding of FinTech, by discussing current trends, and sharing a vision of what the Future of Finance might look like.
There is a growing need for a step change in computer processing power that is driving a technological push to develop the first commercially viable quantum computer. The exponentially stronger computational potential of quantum computers could foster scientific discovery, break blockchains, and trigger a global cybersecurity arms race. To be ready for the opportunities and challenges of tomorrow, you need to understand the new computational powers about to be unleashed by Quantum Computing.
Audits are a critical part of finance, but they're not solely within the purview of CPAs. Audits and due diligence projects are supported by consultants, analysts, and finance professionals—and even by people who have little or no formal financial training. In this course, financial expert Jason Schenker helps to acquaint you with the fundamentals of audits and due diligence (DD) projects. Jason doesn't focus on the mathematical calculations that play a role in audits; instead, he provides a general overview of the processes involved. He explores the different kinds of audits—from internal and independent audits to the tax audits that are initiated by the government—and reviews key audit and DD processes. Plus, he shares best practices for auditing a company's financial data, business processes, and assets ethically and effectively.
Risk isn't something we usually think about until it's too late. Financial risk management allows you to prepare for the worst before things go bad. It's the process of identifying, measuring, owning, addressing, and monitoring downside risks—from possible legal and regulatory judgements to an injured reputation. If you want to set up a risk management program at your organization, or simply be able to recognize and manage risk better, this course is for you. This course looks closely at currency risk, commodity risk, interest rate risk, and other important risk topics. Jason Schenker of Prestige Economics discusses nine types of corporate risk, including financial and nonfinancial risks. He explains the difference between direct risks that companies face constantly, as well as indirect risks that usually come from vendors, competitors, and counterparties. Then he covers how risks are typically resolved, either by elimination (divestiture or acquisition), transfer (hedging or insuring), offset (creating a natural hedge), or ownership (keeping the exposure). Finally, he reviews how corporations can actively measure and monitor risk by appointing dedicated risk managers, officers, and committees.
Staying ahead of changes in technology is critical for your professional success, and the term “future of work” is invoked when discussing changes that future technology will have on jobs. Innovations could have drastic implications for you, your family, your friends, and your career. The Future of Work course places future changes in a historical context. This course also presents some valuable data to help you understand the impact technological advancements will have, and how you can be robot-proof.
You may not know it, but economic indicators impact your life in a big way. They impact your job, they impact your company, and they impact your investments-including retirement savings. That's why it's important for everyone-business owners, investors, and employees alike-to understand where to find and how to interpret this important data. This course breaks down a key economic indicator each week, from big-picture data like inflation and unemployment, to sector data such as home and auto sales. Economist Jason Schenker explains how each indicator impacts the global economy and your own wallet, and how markets typically react to upward and downward trends. You can use the same easy-to-find online resources to follow along with the latest data. Take five minutes to tune in every week, and get the data you need to make better professional and financial decisions.
Transportation is one of the biggest industries in the world, and recent technological developments have the potential to disrupt transportation at every level. Self-driving cars and drones are gaining ground, while some future technologies - like the Hyperloop - could fundamentally change the transport of physical goods and people. The Future of Transportation course takes an in-depth look at the transportation industry, recent technological impacts on the industry, and establishes a vision of what the Future of Transportation might look like.
You can't control when the next recession will hit—but that doesn't mean your career is at the mercy of the market. Economist Jason Schenker shares six key strategies that can help you manage your career—and even thrive—when the market takes a turn. Throughout this course, Jason shares practical tactics that can help you become recession proof. Learn how to prepare for a recession—of company, industry, or country—before it even hits; how to dig in and fight a recession; how to invest in yourself during challenging economic times; and more. Plus, learn about the different varieties of recessions, as well as how to determine if one is imminent.
Technology innovation is a critical part of the future of healthcare. New and emerging technologies will have a significant impact on healthcare, from surgery-assisted robotics to wearables. There are also important changes coming for healthcare as a result of improvements in how data is collected, and how it can be used to push innovation and drive improved outcomes. Other major changes will occur in the way people access their healthcare, use their health insurance, and receive medical entitlements.
The core attributes of leadership will need to be adaptive as disruptive technologies impact industries, professions, and society at large. The need to build skills, be seen as a leader, and be able to manage people, data, and robots will be critical in the future of leadership. Building high levels of competence in multiple areas, perpetual learning, and mentorship will be critical parts of leadership as the workforce evolves.
Businesses have an incredible opportunity to leverage data to their advantage, but only if they can harness the power of that data to yield real, valuable, and actionable insights. This course examines some of the hottest trends in data, including The Internet of Things, Machine Learning, Data Visualization, and Big Data. The Future of Data explains what these terms mean, and how they could impact you. This course also illustrates proper data collection and analysis process management, and how to effectively present your data.
The future of energy is changing. The mix of energy consumption and the sources of energy supply – and demand are in flux. In coming years and decades, the critical sources of additional energy supply and market-driving demand will shift drastically. Meanwhile, energy technology is also changing, including automated solutions and the use of big data. But some expectations are too extreme, since there are physical limitations to both the rollout of electric vehicles (due to limited elemental components of batteries), as well as to the variability of some renewable sources of power generation.
In the video series The Future After COVID, Chairman of The Futurist Institute, Jason Schenker, offers a futurist perspective into the potential long-term changes, challenges, and opportunities that the COVID-19 pandemic is likely to present for over a dozen different critical fields and industries, including the future of work, education, healthcare, supply chain, finance, energy, national security, and more. This video series includes a discussion of futurist expectations as well as how to craft and communicate your own futurist expectations and forecasts in a time of crisis.
What is a recession? How can it impact you? What can be done to make economic downturns more manageable? Join Jason Schenker as he describes an economy in recession, how recessions impact various industries, personal and business strategies to counter recession risks, and the drivers that bring an economy out of recession. He covers how recessions impact jobs, industries, and financial markets. He discusses consumer spending, real estate, stocks, interest rates, business strategy, and investments. Jason also shares what he considers to be the number one rule for workers to keep in mind.
Recessions often hit small businesses hard. Unlike large corporations, small companies, local shops, and other small organizations may not have large cash reserves and will need to make tough choices. But even when times are tough, business owners with the right tactics can still keep their doors open and may find new opportunities for growth. In this course, economist and consultant Jason Schenker shows you how, sharing practical strategies for making your small business recession proof. Discover how to cut costs across your organization without cutting labor first, including how to analyze and prioritize your spending and renegotiate with vendors. Get best practices for making tough decisions about staffing and operations. Plus, learn how to limit the downside risks of a recession for your business, as well as what you can do to create opportunities to help your organization thrive in a downturn.
When an organization experiences a financial downturn, it should start looking for proactive ways to improve profitability. In this course, consultant and economist Jason Schenker explains how to cut costs and improve cash flow to survive an economic decline and set up the business for long-term success. Learn about the biggest challenges companies face in a downturn, discover how to fine-tune your financial priorities, and find ways to reduce costs. Get practical tips to help you negotiate with vendors, reduce overhead, recover and redeploy existing assets, and cut back on labor costs.
In this special course, you will learn how to write your own book on the future of technology, finance, management, or business in under 30 days to build your profile as a leader and visionary.
Leaders need to be visible to make an impact. But cultivating your reputation as a leader and expert takes effort and requires a strategic approach. Before you can become the first person your target audience thinks about when they need help or information, you must lay the groundwork by creating and sharing the right content with the right people. In this course, author and speaker Jason Schenker shows you how. Get practical strategies for projecting leadership and boosting your professional visibility, including how to identify the primary audience you want to target and use podcasts, books, and digital media to your advantage. Plus, learn how to demonstrate authenticity and overcome fears that may be holding you back.
Finance is an important part of any business, and even if finance doesn't seem like it’s part of your job — it’s still part of your job. <p>The finance leaders in your organization play a critical role in keeping your company afloat, both today and in the long term.</p> <p>As a leader, the best thing you can do to help ensure financial success is to make sure the right people are making the right short-term tactical and long-term strategic decisions. In this course, Jason Schenker does five important things:</p> <p>- Lays out strategies for structuring a financial management plan for your organization.</p> <p>- Helps you identify the choices and tradeoffs between investing in growth and taking out earnings or profits.</p> <p>- Looks at various kinds of financial risks, as well as how audits can help address risk.</p> <p>- Explores how business leaders outside of finance can contribute to financial success.</p> <p>- Shares long-term strategies to keep your company's finances in check.</p>
The labor market is much more than headline numbers. And understanding its nuances can give you an edge. In this course, get an economist's guide to the nuances of the job market, and discover how to leverage labor market data to get ahead in your job search. Economics and finance expert Jason Schenker provides in-depth coverage of the impact of economics on job markets, highlighting the differences between unemployment and joblessness, the dynamics impacting wages and job creation, and the ways in which online jobs data can be both valuable and limiting. Jason also delves into the ways that people are impacted differently in the job market, including how historical data illustrates racial disparities and inequalities, as well as how labor trends differ greatly by gender and age. Plus, uncover significant opportunities in unemployment data that varies greatly by state, city, and country.
Sometimes housing booms, and sometimes it busts, but it's always an important part of the economy. In this course, economist Jason Schenker shows you how to use housing data to develop strategies for upside opportunities and downside risks in the housing market. It’s important to know what causes housing crises and what to watch for when buying a house. The course demonstrates how to differentiate between recessions with housing crisis risks and those without. Jason covers critical strategies to know for housing crisis risks, for mortgage refinancing, and in your own personal housing crisis. The course helps you establish your maximum fallback position for your housing investments. Jason discusses strategies used in housing crises and their potential impact. He also goes over critical tradeoffs between renting and buying property. The course helps you find and interpret data that hints at a potential housing crisis. Plus, Jason teaches about regional dynamics.
Understanding labor market dynamics is an important skill for leaders on multiple levels. Leaders need to hire people, they need to secure resources, and they need to manage their own careers. In this course, Jason Schenker shares the most important job market basics that can inform effective labor market strategies for leaders. He shows you how to identify levers of opportunity to secure labor market resources, like how to get the best people on your team and the best time to hire. Jason details how to manage resource constraints like layoffs, furloughs, and hiring freezes while still leading your team and organization to success. He also highlights strategies for your own career, like the best time to look for a new role, the value of education, and how remote work impacts labor market access for leaders. After this course, you’ll have a better idea of how to strategically approach job market decisions and challenges, as well as evaluate opportunities in your career.
A job search can be challenging, but there are resources to improve your chances of finding a new role. Instructor Jason Schenker shows you how to strategically use widely available data to uncover hidden job opportunities and accelerate your job search. Jason explains what kinds of data hold insights about the job market and where the data can be found. The course covers how to find and interpret long-term forecast tables from the Bureau of Labor Statistics (BLS). Jason walks you through how to identify high-value earnings opportunities by using official earnings forecasts, then how to identify education requirements for jobs. The course helps you find out which states have a lot of job openings, then helps you narrow down which cities have abundant job openings. If you’re looking for remote work, Jason steps through how to prioritize tactics to lock down a remote job and best practices to find these jobs. Plus, he goes into how to use jobs data on LinkedIn.
Learn how business leaders and executives use the most important economic data and reports when making strategic decisions. In this course, economics and finance expert Jason Schenker explores over a dozen critical data series and reports to watch closely when making planning, investment, and long-term strategic management decisions. Learn how to read and monitor reports about GDP, inflation, jobs, retail sales, and more. Plus, see how economic changes have short- and long-term impacts on the way you do business. Jason also explains how to track government spending and policies, Fed decisions, and other critical data that leaders use to keep up with changing economic conditions. Armed with the knowledge gained from this course, business leaders will be equipped to discuss how economic data, events, and policies have real-world business implications. This course can also help learners make better business decisions and lead their companies—and careers—in the right direction.
Learn about the economy around you and its implications for your job, business, and career. Economist Jason Schenker offers practical tips to help you stay ahead of the economy and capture upside opportunities during periods of growth as well as during an economic downturn. Jason explains the difference between academic economics and business economics, then shows you how to use widely available economic data to identify important economic trends with strategic business implications. Jason shares best practices to help you analyze data while avoiding common data problems. Financial markets often move in relation to each other, and Jason helps you understand why. He then addresses important issues about global debt, monetary policy, and currencies, including the role of the dollar and the prospects for its replacement. Jason shows you the importance of housing in the economy, including housing opportunities and risks in an economic downturn.
Data is being created at a faster pace than ever before, and companies increasingly seek value in their data. This requires teams to implement data projects effectively. In this course, instructor Jason Schenker shares challenges and pitfalls to avoid when leading teams working with data. He identifies best practices that help you get data projects done right and lead your data teams to success. Jason discusses the importance of project management and how to use evaluations effectively when leading data teams. Throughout the course, he explores ways to make sure your projects bring your company value, whether your team members work together in person or remotely.
Working with data is an important part of many jobs, and in the future, it will be important for even more. In this course, financial forecaster Jason Schenker teaches important fundamentals about data, economic modeling basics, and how to forecast with Stata. He guides you through building univariate and multivariate linear regression models in Stata, as well as interpreting statistical outputs, and the importance of data modeling iteration. Jason also discusses critical statistics used in forecasting, like the mean, standard error, standard deviation, coefficients, independent variables, and confidence intervals, and highlights critical data risks and best practices like how correlation does not equal causation. Jason also shares the importance of good data, big data, and managing risks when building forecasting models, and finishes with an introduction to some advanced topics in statistics and econometrics.
The success of an audit is measured solely by the opinion of an independent auditor. But preparing the paperwork, people, and processes to support an audit is also crucial to ensure it runs smoothly. In this course, financial expert Jason Schenker explains how preparation, transparency, project management, communication, and feedback integration are critical elements of audit success. He introduces a big picture view of an independent audit, the laws and regulations governing the process, and that data you need to gather to make sure everything runs smoothly. Company leaders and staff alike can use this course to understand the value of the audit, the information that is important to share, the roles people play in the process, and what to do with auditor feedback once the audit is complete.
Accounting, like almost every industry, is being disrupted by new and emerging technologies. This disruption will affect auditing in unique way. In this course, futurist and financial expert Jason Schenker shares the most important changes, constants, and uncertainties for the future of audit. Learn why advancements in physical technologies, like drones and robots, will become more important for deployment in the field, while data analysis, AI, and quantum computing will be impactful when doing testing and sampling. Then discover why technology will be a critical lever for evaluating financial statements as part of audit and due diligence work—and how some things, including the goals of an independent audit, will remain unchanged. Jason also reviews regulatory risks and emerging types of audits such as social and cybersecurity audits. This course can help executives, leaders, and tax and accounting professionals identify the changes ahead and how they are likely to present both opportunities and challenges for their business.