More in our 2 Part Series on Artificial Intelligence (AI), which has become a transformative force in day-to-day business operations and is revolutionizing how tasks are accomplished. In our previous post we reviewed the impacts of AI on companies and employees. Let’s take a closer look at how AI may shape the future of work.…
Resilience in your business is the linchpin of survival and success. It is not an optional strategy, but a fundamental necessity for long-term success and involves the strategic preparation, flexibility and resourcefulness required to not only survive, but emerge stronger and more competitive when challenges arise. What is Business Resilience? Resilience refers to a…
Human capital is the foundation upon which a company’s success is built. People drive innovation, foster growth, and propel it towards its strategic goals. That means the task of attracting and retaining employees goes beyond mere human resource management; it must be a strategic investment. In this post, we’ll look into the how a robust…
As a business owner, having the right workforce is critical to your growth and success. Talented and skilled employees are the driving force behind any thriving enterprise. However, this can be a challenging task, with company owners struggling with how to identify needs, find qualified candidates, and hire and retain them. In this post, we’ll…
When you own a business, you want it to succeed. Yet 18% of businesses fail in the first year, 50% fail after five years, and 65% are gone by year 10, according to Bankrate’s 2022 Small Business Statistics. So, what can you do to make sure your business continues to thrive and grow? Find…
The goal of simplifying decision making is to make the process of choosing between options faster, easier and more effective by reducing the complexity of available information and presenting clear and straightforward options. Overall, simplifying can improve your business. A data-rich environment can make it more difficult for people to make decisions. It can…
Good ethics are important in business because they establish the foundation for responsible decision making and behaviors. Creating and adhering to ethical principles can help to build trust and credibility among customers, employees and other stakeholders, and are key elements in creating a positive company culture. In other words, good business ethics are good for…
The Internal Revenue Service defines a business as an operation with an intention to make a profit. But what makes a business profitable? The answer comes down to more than just making sales. It is found in the value you create. What is Profitability? Profitability can carry several modifications in definition. In one view,…
As a business owner, you may be excited about all of the strategies you are planning to use to promote your business and attract customers. LinkedIn, Facebook ads, and webinars are on the top of your list. What you might not understand, however, is that these are NOT strategies. They are tactics. There is an…
Wouldn’t it be wonderful if the majority of your new clients came in through referrals? Or that you had a trusted network of people you could rely on for referrals? The good news is that your clients, prospects and colleagues need help and you have the ability to help them achieve their goals. Why…
