Employee turnover costs businesses a lot in terms of lost knowledge and productivity. High turnover rates can also lead to excessive training costs. For these reasons and more, companies increasingly say that, for them, controlling employee turnover is either an important or urgent matter. One talent-acquisition professional found that, across the board, one-third of new hires … [Read more...] about Why Businesses Need to Use Data-Driven Employee Retention Methods
business
Blockchain: Transforming Your Business and Our World Now Available!
Last year, I was researching for my PhD, and I noticed that there was a lack of knowledge available on how Blockchain could be used for social good. Most of the information available related to Blockchain was either about Bitcoin and cryptocurrencies or how the financial services industry could benefit from distributed ledger technology. This seemed strange to me, especially … [Read more...] about Blockchain: Transforming Your Business and Our World Now Available!
30 Ways How AI Will Change Your Business
Artificial intelligence has the power to change our society dramatically. Within the coming years, it is likely that AI is taking over many of the jobs currently done by humans. Not only repetitive work can be taken over by AI, but also more difficult jobs such as customer service representative, journalist, chef, driver or team leader. It seems that many of the functions of … [Read more...] about 30 Ways How AI Will Change Your Business
How to Use Virtual Reality to Improve Your Business
When virtual reality became affordable and client-friendly, it started growing popular. Nowadays, most businesses are keen on the opportunities formed by this technology. It is not a big shock because people can have the freedom to see things that only exist in the digital world. In the digital world, you can be able to understand objects by getting their description. In this … [Read more...] about How to Use Virtual Reality to Improve Your Business
To Compete in Today’s Competitive E-Commerce Landscape, End-to-End Visibility is Key
It's official ”we are now living in the e-commerce golden age. These days, customers are eschewing malls, grocery stores, and even showrooms, for the uber-convenient option that is online shopping. In fact, e-commerce is expected to overtake in-store sales in the U.S. by 2024, and the unstoppable growth of e-commerce is often blamed for the closure of brick-and-mortar stores; a … [Read more...] about To Compete in Today’s Competitive E-Commerce Landscape, End-to-End Visibility is Key