Do Bundled Payments Improve Healthcare?

Bundled payments became common during the Obama Administration as part of a strategy to increase the efficiency of the healthcare system by eliminating unnecessary procedures and reducing health care costs for consumers. What are bundled payments, and do they improve…

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Business Innovation

Business innovation is not a complex concept. It simply means doing something new and different. It could look like better meeting customer needs, solving a problem, reducing costs, or increasing employee satisfaction. Certainly, there are major business innovations that take…

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Circular Supply Chain: A More Sustainable Option?

“Circular supply chain” is a big part of business lingo these days, but what does it actually mean, and is it a more sustainable option? The circular supply chain business model is increasingly in demand in an eco-conscious society, but…

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Business Impact Analysis: Steps & Why It’s Important

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…

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Diversity Consultant: What Do They Do?

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.…

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Risk Management Basics for SMBs

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…

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