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…
What are implementation consultants and what – exactly – do they do? There are many different types of consulting, which can get confusing when you’re deciding where exactly you want to enter the industry. Today, we’ll help clear up some…
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…
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…
Gender bias. Many of us may think we’ve never come across it, but gender bias is a form of unconscious bias. It can be hard to diagnose in real-time! Unfortunately, gender bias in the workplace is quite common. Like any…
Risk Management has become an integral part of the corporate industry. All businesses should look to minimize risks, regardless of size. SMBs (Small and Midsize Business) have as much of a need for risk management as large businesses and Fortune…
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…
A strong supply chain is one of the most important aspects of any business. Companies differ in what they sell and how they sell it, but supply chains are an area of commonality. Why? Nothing makes it into the hands…
“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…