What are the main causes of inflation? Or you may be wondering more broadly, how is inflation caused? These days, it seems like everyone is asking these kinds of questions as inflation continues to increase. Many people understand that inflation…
The impact of social media on business has been enormous for years and is only going to grow. If you’re a business owner, a consultant, or a professional of any type, you’ll want to read on to find out just…
Chances are you have heard the term “Industry 4.0” thrown around in an online form recently – or maybe you are wondering how you missed Industry 1.0 – 3.0. In either case, the term, even though sometimes seen as a…
Business impact analysis is used to predict the results of a disruption to a business and to develop mitigation and recovery plans. Business impact analysis involves risk assessment, scenario planning, and analysis of investment in prevention relative to cost of…
At one point in our career, many people pause to consider how we can impact the future for others and whether we are building a legacy. As Charles Dickens stated, “No one is useless in this world who lightens the…
A diversity consultant is one focused on increasing the level of inclusion (i.e., mix of racial, gender, sexual orientation, or socioeconomic perspectives) within a firm. In this article, we’ll explore the fairly new roles of diversity consultants in more detail.…
Digital banking has been steadily gaining market share over the past decade. However, in 2020, the adoption of digital banking grew exponentially. The pandemic caused banks to limit branch hours. Not only that, many people were hesitant to use cash…
Strategy vs tactics is a debate as old as business – which is more important? The dichotomy is not a distinction without a difference. Business strategy and tactics are clearly different concepts. At the same time, it’s hard to say…
“Data driven” is one of those descriptors you see all businesses frequently using. It’s being used to the extent that the term has lost some of its real meaning. We shouldn’t let the current state of the term’s usage detract…
Over a year into the pandemic, Covid-19 continues to impact all facets of life. From a business perspective, we most often talk about remote work and “the new normal.” And rightly so. After more than 12 months of working from…