Human resources (HR) has transitioned from compliance-focused support for employees, to helping support an organization and its workforce as a whole. To do this effectively requires HR using technology to fulfill many transactional functions for multi-generational workforces. Attracting top talent requires taking advantage of technological innovations, cultivating an employee-centric environment and nurturing a culture of […]
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Establishing DEI metrics are essential to measuring the effectiveness of company initiatives, identifying disparities and setting measurable goals. They also support transparency, compliance with regulatory requirements and creating an inclusive work environment. Start by monitoring employee retention rates and comparing the learning and development opportunities available across each group. Next, conduct surveys to unearth any […]
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Small businesses tend to handle sensitive data, making them the perfect target for cyber attacks. Customers’ personal and financial details are stored, giving hackers the ability to gain entry and steal precious information. Cybersecurity is an ongoing process that must be put in place and upheld, or your business could face dire repercussions such as:. […]
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Retail is changing quickly; Covid-19 increased store closings and bankruptcies while several established retailers found renewed life through omnichannel offerings. Ecommerce has made its mark, but it doesn’t spell doom for traditional retail. On the contrary, it offers great opportunities to retailers who focus on what matters to customers most. 1. Accessibility Brick-and-mortar retailing allows […]
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Risk management strategies must address multiple scenarios to be effective, since no company can always control external factors like natural disasters and economic shifts. Step one in risk management involves identifying risks through analysis of project and undertaking data, while step two is engaging a wide variety of stakeholders for different perspectives. Avoidance Risk avoidance […]
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Entrepreneurship is the process by which new business ventures emerge, creating jobs and revitalizing local economies. Entrepreneurs take risks while simultaneously managing these risks to ensure success in their endeavors. Entrepreneurs gain insights from many sources. Some key sources include personal experience or suggestions from mentors: Curiosity Curiosity is an indispensable trait that fuels creativity […]
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While sales metrics are a key indicator of your trade show marketing success, it’s important to consider all of your non-sales objectives as well. Fortunately, return on objective calculations are mostly empirical and, depending on the objective, can be measured right after the event. Start by determining and gaining internal alignment on clearly measurable goals. […]
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In today’s competitive business world, sales teams need every advantage they can get. Effective sales training teaches your salespeople key skills that can help them handle challenging conversations with clients. Choose a program that aligns with your goals and includes clear learning objectives. It’s important to provide reinforcement to keep your salespeople on track with […]
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Whether you’re a small business owner or part of a large-scale enterprise, data analytics is critical to your success. Without it, you can miss out on financial gains and operational efficiencies. Data analysis can also help you identify new business opportunities. It is important to understand how to use business analytics and to recognize when […]
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Professional tax accountants are an invaluable asset to any startup business, from filing taxes to providing advice and insight on expanding the operation of your enterprise. An expert tax accountant can also ensure your compliance with evolving tax laws and help identify deductions that you might otherwise miss. Here are the main reasons to hire […]
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