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I want to secure a future where we pay high wages at home, for high value activities," Pearson said.
It's when you're engaged in the truly high value activities within your company or organization," she says.
"We quickly realized if we could build a robot that could rescue a wounded soldier, it would also be capable of a lot of other high value activities," he says.
The analysis firm found that "world-class" HR organizations – those that achieve top quartile performance for efficiency and effectiveness according to its benchmark – invested in cloud-based HR technology so they could operate more effectively; designed their services around customer experience, and shifted their resources towards high value activities.
In the short term, take the 20percentt of time spent on high value activities up to 40percentt within a year.
Early stage business owners often take out the trash, do routine plumbing, fix doorknobs, clean and perform other laborious tasks until they realize they could be more profitable by focusing on the most high value activities.
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"We streamline that process and redeploy intelligent creative engineers on higher value activities instead of writing plumbing code to move stuff around," Langone explained.
By hiring junior-level people to handle the "routine" aspects of running the business, a business owner can create more value by applying more of her time to the highest value activities.
The promise of AI is to make our lives better: to have an electronic brain to complement our own, to take over menial tasks so that we can focus on higher value activities, to allow us to make better decisions in our personal and professional lives.
Nonetheless, when nonprofits suddenly benefit from the capacity enabled by predictable cash flows, theoretically they should be able to focus on their highest value activities -- delivering effective services rather than perfecting their fundraising pitch.
We have picked a set of high-value activities as part of our One Microsoft strategy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com