Businesses in general and SMEs in particular around the world have been hit hard by the Covid-19 pandemic. According to the OECD, global trade is down 10.2% in 2020 and foreign direct investment is down 40%, causing major disruptions in supply chains. Massive cuts in private consumption lead to an increase in corporate defaults in 2021 (which in 2020 has stalled due to unprecedented government support), especially in sectors affected heavily affected by new closings. The degree of influence varies from country to country.
Read more ...Business intelligence (BI) and customer relationship management (CRM) are two of the most important technology functions for any company today. Integrating the two together can unlock a broad array of benefits, from better service delivery to improved marketing. Business intelligence tools are designed to provide organizations direct access to all of the information they pull in, and to transform that raw data into digestible analytics and insights that business users can understand. Their goal is to improve your ability to make more informed decisions, so they can help you prevent possible losses, optimize processes and improve communication with customers. Customers can be found anywhere in the world, which means your sales team must be responsive and reactive throughout the day, not just during sales calls or at trade shows. To get the most from these core components, it's important to integrate them. But integrating them is a lot more than just connecting them. Here are nine tips to make sure that both your BI and CRM software work well together to produce more meaningful data-driven business decisions.
Read more ...Pinterest is a social pinning site that allows users to create and share online collections of pictures, videos, and other content with the help of an online pinboard.
Read more ...The early 1990s were marked by great change in the auditing profession. The prevailing theory of audit testing asserted that the audit was a process “designed to produce reliability and validity in financial statements.” However, as firms became stronger and more global, they demanded more sophisticated insights into what went into their financial reports. This led to a series of new developments in modern auditing, including the paperless audit, integrated audit studies, risk-based audits and third-party audits.
Read more ...Agile is a practice of working, usually in short cycles with frequent feedback and shorter meetings, using the best of what has been learned from experiences. Why? Because Agile methods make you more successful at releasing value while reducing costly rework and missed opportunities. So you’ll discover how to win more business, hire smarter and grow your team so you can get the best bang for your buck
Read more ...We face both personal and professional setbacks in our daily lives, but it doesn’t mean we should be pessimistic about our hopes and aspirations. With COVID-19 affecting almost every country, business is under a huge threat as well. But we can still be optimistic about our future because so many people are working towards finding a cure for COVID-19, which could help us get back to normal again one day soon. We must continue to stand up for those around us and put out love in the world. The truth is that in this era, it is impossible to control the world without the help of social media. So public relations has been changed from a “means” drive to a “citizen”-centric approach; instead of trying to influence people, we are actually listening to them and communicating with them through a number of communication channels – PR firms, consultants, blogs and other social networks.
Read more ...Understanding consumer behavior is important for marketers because it can help them understand what influences a consumer’s buying decision. Knowing what drives your prospects to choose one product over another can create better sales strategies for your business. The Covid-19 pandemic has impacted consumer behavior and caused changes in shopping habits. Consumers are increasingly shopping online, because it's more convenient than physically visiting a store. This happened at the same time consumers were trying to save money during the recession.
Read more ...Here’s the thing: Conflict doesn’t have to be a bad thing. In fact, conflict actually helps us get better at our jobs, because it forces us to think more critically and creatively about how we can solve problems. Yes, it can feel scary and uncomfortable — but that’s exactly why you need to work through it. Use the steps laid out below to get started and start moving toward working towards the workplace of your dreams. Conflict is a natural part of any relationship, especially those at work. It means that people are actively negotiating their needs and expectations with others, and that’s exactly what helps us stay comfortable with our workplace interactions. Clearly communicating your expectations, concerns and thoughts can help you avoid uncomfortable situations down the road.
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