In 1994, one of the world’s most significant mutual funds, Fidelity’s Magellan Fund, announced a whopping $4.32 billion distribution to shareholders. It was news that sent investors into celebration—until it was revealed that the payout was based on a simple...
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Build a Culture of Continuous Improvement
Building a culture of continuous process improvement has become a vital aspect of business growth today and could be your winning strategy this year. It is the essence of the modern workplace, promoting constant, iterative change for better efficiency and effectiveness. The incremental progress achieved through continuous improvement fundamentally affects all, be it business profitability, product quality, or employee satisfaction. Here, we lay down a detailed, step-by-step blueprint to build, implement, and live a culture of continuous improvement.
When To Automate A Process Vs. Pay For Hourly Support
Business process automation is a trend that continues to grow in popularity among companies of all sizes. In 2020, studies found that 66 percent of businesses had used automation for at least one or two of their major processes; a Gartner study predicted that the...
Data Cleansing and Why it’s Important to Get it Right
Does your organization have a data cleansing strategy? Each person generates massive amounts of data daily, whether through online purchases, streaming platforms, or just everyday browsing habits. Statista predicts that global data creation will reach more than 180...
The Power of Using Airtable
We have been keeping records and data since the beginning of time. From the earliest cave drawings to modern-day spreadsheets, we have always had a need to organize our records in an efficient and easy-to-understand way. But let's face it. In today's rapidly evolving...
Understanding ERP Solutions and Migration (Enterprise Resource Planning)
ERP stands for Enterprise Resource Planning. It is software that helps companies manage various business activities, including accounting, human resources, inventory control, project management, supply chain management, and more. The idea behind ERP is to provide a...
Exploring Fractional Business Services
With the current economy, startup owners are looking for ways to decrease expenses and make the most out of their resources, and fractional business services are a great way to do just that. It seems everyone is hopping on the consultancy bandwagon, with contract...
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