Business Advices and Tips
The first ATM machine was introduced in 1967. The machine was developed by John Shepherd-Barron and was installed at a Barclays Bank branch in North London, England. It was known as the “hole in the wall” machine and allowed customers to withdraw cash using a personal identification number (PIN) and a specially designed check. The…
It’s not right for your coworkers especially your seniors at work to ask for personal favors. It can create an imbalance in the workplace and blur the lines between professional and personal relationships. However, it depends on certain conditions and the type of favor being asked. If you feel comfortable doing it, you can choose…
Firms should consider investing in social network presence because it allows them to reach a large audience and engage with potential customers. Social media platforms provide an opportunity for companies to build brand awareness, increase website traffic, and generate leads. Social networks allow for real-time customer communication and feedback, which can inform future business decisions….
Setting boundaries with coworkers at work can be essential for maintaining a healthy and productive work environment. It’s important to remember that boundaries are personal and what works for one person may not work for another. Let’s start with the type of boundaries to set with your coworkers. Type of boundaries to set with coworkers…
Did you know? Stress costs American businesses an estimated $300 billion yearly in lost productivity, absenteeism, and medical expenses. According to The American Institute of Stress, the stress level of Americans is at an all-time high in 2022 and is rising rapidly. So, how can employers reduce stress in the workplace? Remember, Stress is a…
Do you remember the movie The Devil Wears Prada? In it, the main character is a talented young woman who quits her job at a high-end fashion magazine in a dramatic, unprofessional way. This is the wrong approach to quitting a sales job, regardless of how justified you may feel. In another scenario, imagine you’ve…
Imagine a world where the technology industry has access to detailed analytics and data-driven insights that can help propel businesses forward. Business intelligence (BI) is a powerful tool that can help the technology industry gain a deeper understanding of its market, customers, operations, and process. According to research, the technology industry can harness business intelligence…
In the recent past, the use of new technology has been a game-changer in the industrial sector. By utilizing the latest technologies, industries can improve their production processes and make them more efficient. By using automation and robotics, industries can reduce the time taken to complete tasks and enhance their accuracy and consistency. This can…
The global phenomenon of businesses outsourcing customer service has increased demand for consumer services professionals. Businesses of all sizes in nearly every industry need individuals who can provide excellent customer service. While the customer service industry may have a reputation for being low-paying and high-stress, there are many opportunities for those with the right skills…
Do you remember the movie The Social Network? Remember when Mark Zuckerberg had the idea for Facebook, and he created a business plan? He didn’t just stop there; he took action and made his vision a reality. Later, he continued to grow and build his company by making changes and adjustments. In the same way,…