3 pillars of successful CFOs: Strategic leadership, technological integration, and work-life harmony
Discover the 3 critical areas of success that constitute the foundation of contemporary financial leadership.
Microsoft has unveiled the new ‘Loop’ collaborative app which it describes as “a flexible canvas with portable components” designed for assisting with new hybrid working patterns.
Microsoft says that the new app is part of a “reimagining” of Office, and a response to the new opportunities created by new (hybrid) working patterns that can make Office more of a universal, interactive canvas for creators of all kinds. Loop (which incorporates AI) is, therefore, positioned as an enhanced, collaborative, flexible canvas that can be customised to suit any project with portable components that move freely and stay in sync across apps, thereby, Microsoft hopes, enabling teams to improve how they think, plan, and create.
Loop consists of three elements, which are:
Microsoft says that Loop components across Microsoft 365 apps like Teams, Outlook, and OneNote will start rolling out this month, and more details about the availability of the Microsoft Loop app will be made available in the upcoming months.
Loop is a similar idea to Google’s collaborative working ‘Smart Canvas’ tool, announced in May this year, which uses ‘building blocks’ and ‘smart chips’ to connect and share information between apps such as Docs and Sheets.
The idea of an all-in-one document concept is not new (other examples include the Airtable platform, the Notion collaborative app, or the Coda doc) but it now represents a logical, competitive move for Microsoft.
The shift to hybrid working, whereby employees work part of their time at home and part in the office, is now a pattern that is (after the pandemic) embedded in the working culture of many organisations. Collaborative working platforms are, therefore, very much in demand and although a little late to the party (two years in the making) Microsoft hopes that Loop’s flexible format, coupled with familiar apps, will prove popular with businesses. Microsoft has seriously turned up the competitive heat (for Apple) over the last year with features and services designed to be compatible with new ways of working (e.g., Teams Connect, the 365 cloud PC, and Windows 11 including Android apps). For businesses, Loop may prove to be a useful, compatible, collaborative tool that could help improve productivity in uncertain times. For Microsoft, Loop is a way of re-imagining how Office programs can be used more flexibly for business customers as part of a system where projects can be customised to maximise workflow.
Discover the 3 critical areas of success that constitute the foundation of contemporary financial leadership.
The term “Big Stay,” reflects the current trend of declining staff turnover and a reduction in job vacancies. In this new era, employees are increasingly prioritising stability over change, leading to fewer job openings and a growing reluctance to switch employers.
With Microsoft Dynamics 365 Business Central and Microsoft 365, businesses can establish a unified experience where data seamlessly connects with productivity apps including Microsoft Excel, Microsoft Outlook, and Microsoft Teams.