As the saying goes – innovate or die. But what impact does innovation have in real life? Sure, it is fine to be creative but does that really make a difference? Research says that our average standard of living has increased substantially since we chose to innovate. An average household owns 1.88 cars, 90% of […]
Innovation
Caring and Tech: Reimagining the Nursing Homes of the Future
There is a growing disconnect between the quality of life and care in nursing homes and the number of people who will need nursing home care at some time in life. While just 19 percent of Americans feel that nursing homes make them better off, 1 in 3 people will need that care in their […]
How the Democratization of Pro Services Boosts SMBs
In the past year, small businesses had had to adapt quickly, accelerating the need to adopt new technologies, and a different way of working. The digital transformation that many companies have undergone due to the pandemic has resulted in the democratization of professional services. With technology acting as the enabler, this is a huge win […]
How Modern Law Firms Are Adapting To Virtual Meetings
It is the rare breed of individual who looks forward to conference calls. Conference calls can verge on chaotic, if not downright anarchical. Identifying who is in charge or knowing if anyone is paying attention is hard. You can improve the quality of your conference calls by including creating an agenda, setting a time limit […]
Is It Your Brilliant Plan or Your Execution?
“Everybody’s got a plan – until they are punched in the face” – boxer Mike Tyson Mike Tyson: brilliant business savant My experience personally reviewing over three hundred executive summaries each year, all sent to me unsolicited, seems to bear out the truth in Tyson’s statement. Anyone can build a good – or great – […]
5 Technologies to Help Your Small Business During the Pandemic
Small business ownership is something that’s quite challenging, and that’s during a typical year. If you own a small business during the pandemic, you might face more issues than ever before. Covid-19 has shuttered some small companies temporarily, and others have closed their doors forever. If you’re still in business, we commend you for your […]
Establish Social Growth for Positive Change
Both startups and established companies have been able to identify both new threats and new business opportunities in their adaptation processes to the digital age. They have developed relationship mechanisms with their customers and even with their employees through these social platforms. Since the appearance of the first social networks to the present day, more […]
Businesses Face Anti-Plastic Sentiment: How to Adapt
We’re beginning to see plastic differently. Thanks to campaigns about environmental issues including marine pollution and climate change, public opinion of single-use plastics is shifting. Over half of consumers now believe plastic to be “harmful”. Every business needs to take note of this, SMEs included. Consumers want to know that what they’re buying is sustainable […]
5 Steps to Planning an Online Business Expansion
There are two ways to expand your business beyond your current setup. One way to do this is by identifying new markets for your existing product. The other way to do it is to offer new products to the existing market. Both these strategies have their pros and cons. Expanding to new markets (called horizontal […]
How Hostels Are Adapting To The New Normal
The so-called New Normal hasn’t done any favors to many industries outside of the hand-sanitizer and food delivery ones. The travel industry has (somewhat understandably, given the crisis) taken some of the biggest hits, with lodging being no exception. Staggering numbers surround the hotel and hostel field, with an estimated $400 million in room revenue […]
