article thumbnail

6 Factors That Can Impact Your Commercial Business

Strategy Driven

Technological Advancements The rising pace of technological developments offers both opportunities and obstacles for commercial businesses. Technology can revolutionize the way businesses operate, offering new tools for efficiency, communication, and data analysis. Equally important is training and development.

article thumbnail

Loyalty vs. Tenure | N2Growth Blog

N2Growth Blog

These companies have placed themselves far behind the technology curve because tenured managers hire employees with obsolete skill sets and together they create mediocre solutions. Walking into these organizations is often like traveling back in time 20 years. often evoke feelings of hatred at the mere mention of their name.

Loyalty 419
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sometimes “Small Data” Is Enough to Create Smart Products

Harvard Business Review

AI is a huge set of technologies, each with a specific, fine-tuned purpose. Consider how the United States Postal Service (USPS) automates mail sorting. With the help of machines and advanced optical character recognition (OCR) technology , the USPS can now read and process 98% of all hand-addressed mail and 99.5%

USP 8
article thumbnail

19 Tips & Ideas on Starting & Running Your Own Business

Miles Anthony Smith

But don’t be discouraged; for many the hard work is worth it when you consider the freedom over your own time and finances. As well as doing your main role, you’ll have to quickly learn to do every other role that a company needs as well, such as admin, accounting, marketing, and finances.

Tips 95
article thumbnail

44 Content Marketing Agencies Defined by 65 Marketers

Miles Anthony Smith

Stay on top of all technological advances pertaining to marketing. Content marketing cannot be done by someone in finance that kinda dabbles in writing. Alex Neuman Define your USP and your target as early as possible. If we build it, they will come" is the biggest marketing mistake. But yes, they do! Hire a specialist.

Marketing 105