Developments in technology have led board members and corporate secretaries to look into solutions that compensate for their tedious work schedules. Amidst initial apprehensions, leaders are now starting to warm themselves to the idea that digitizing board books present significant benefits to their respective companies. It has now become the norm for businesses – ranging from nonprofits to corporations – to adopt electronic board books for their meetings.
If the last 18 months have shown us anything, it’s that we could all do with being a little more prepared for the unexpected. Our personal and professional lives have been rocked by disruption after disruption as staff members have worked from home, returned to the office, and, in some cases, returned to home working all over again.
Today, businesses operate in globalized markets and have several ways to manage their business processes. Insourcing and outsourcing are two such sourcing practices, each with its own merits. But you may be wondering, which one’s the best fit for your business? Don’t worry. Our detailed insourcing vs outsourcing comparison will help you make that decision. In this article, we’ll give you a head-to-head insourcing vs outsourcing comparison and discuss their pros and cons.
Experts have dubbed 2021 the year of “The Great Resignation.” The pandemic has been a catalyst for many workers to reassess their values, priorities, and work situation—a 2021 study by The Predictive Index found that “48% of employees have thought about changing careers within the past 12 months.” It’s safe to say that HR departments have a lot on their plates right now.
How does one of the most prestigious universities in the world move into the online education space? Very, very thoughtfully.
Many companies are basing their hybrid or remote work strategy on instinct. Yet it’s dangerous to let your intuitions or, worse, your biases drive your strategy. The companies that will thrive as they transition to new hybrid and remote work models will adopt a data-driven approach. As a leader, here’s how to use data, not your gut, to make important decisions about your remote or hybrid work strategy moving forward.
There’s nothing more frustrating than making a purchase and discovering you don’t know how to use the item you just bought. The situation can be equally upsetting for the business selling a product or service. If a customer doesn’t know how to use it, they won’t see its value—a recipe for churn. This is why customer tutorials are a valuable tool in your company's mix of marketing and customer support content.
When you work in a high-stress role where conversations are difficult, and work is seemingly endless, you need a dependable source of comic relief to unwind. In this internet-driven world, only one thing comes to mind: memes. A meme has the power to lighten the mood, bring a humorous perspective to tough situations, and dare we say – unite people. At the end of the day, it works best as an expression of opinion that people can relate to and laugh about.
A run rate is a rough estimate of a company’s annual earnings based on monthly or quarterly financial performance data. Often called an annual run rate, or ARR, this number is usually calculated by taking the revenue results (using a revenue formula) from either a single month or a single quarter and annualizing the sales data to forecast what the company’s total profits will be that year.
