Sat.Jun 22, 2024 - Fri.Jun 28, 2024

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Globalization: Connectedness and Interdependence of Economies

The Global Small Business Blog

©iStock/metomorworks For those new to globalization, it is a term used to describe the increasing connectedness and interdependence of world cultures and economies. National Geographic gives us an education on when globalization began, and the benefits and disadvantages of globalization.

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The BPO Revolution: How Outsourcing is Evolving to Accelerate Business Growth

Intelligent Sourcing

The perception of outsourcing as a mere cost-cutting tactic is a relic of the past. Today’s BPO industry is a £100 billion powerhouse whose growth trajectory is nothing short of seismic. Take the IT outsourcing industry, set to grow to a value of £117 billion by 2027 at a compound annual growth rate (CAGR) of […] The post The BPO Revolution: How Outsourcing is Evolving to Accelerate Business Growth appeared first on Intelligent Sourcing.

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What Is the future for work in a world of uncontrolled war and exponential AI?

Intelligent Sourcing

Latest opinion piece by Mark Hillary How do we make sense of the world and how fast it is changing? I can remember buying a book called ‘Faster’ way back in 1999. It was the American science writer James Gleick talking about the exponential change taking place at the turn of the millennium. Now it […] The post What Is the future for work in a world of uncontrolled war and exponential AI?

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Chatbots Will Play a Major Role in Customer Service for 25% of Companies by 2027

The Global Small Business Blog

©iStock/hirun Gartner predicts that by 2027, chatbots will play a major role in customer service for 25% of companies. For marketplace owners, it's an opportunity to engage with their online audience in real-time. There are three types of technology to meet the challenges of the industry: Based on artificial intelligence Rule-based Hybrid Learn about all the other top digital marketplace trends 2024.

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Revolutionizing Hiring: Remote-Insourcing That Slashes Turnover & Training Costs!

What is Remote-Insourcing? Sounds like an oxymoron, right? Not anymore. Remote-Insourcing isn’t outsourcing—it’s a revolutionary staffing model that lets our clients fill key entry-level positions with top-tier, loyal, long-term talent, integrated seamlessly into their businesses—just like local employees but without the turnover or W2 HR hassles. With under 3% unwanted attrition, you train once and keep the same team for years.

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Comparing Cloud Adoption Strategies: Cloud-First vs Cloud-Ready vs Cloud-only

Amzur

Introduction Starting a business used to require a large investment in servers and software. Now, cloud solutions provide a more cost-effective way to get started. Amidst the rush to migrate to the cloud, it’s important to carefully consider whether a cloud-first, cloud-ready, or cloud-only approach is best for your business. This blog will help you decide which strategy will give your business the best competitive edge.

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AI-Powered Customer Service: Friend or Foe? Why Digital CX is Failing (and How to Fix It)

Premier BPO

Have you noticed a shift in customer interactions lately, especially those received through the various digital platforms? A recent Forrester report reveals a concerning trend regarding the Customer Experience (CX) quality for US brands, falling for the third year and sitting at its lowest point since the inception of the CX index in 2016. 1 The CX downfall is a significant challenge for C-suite leaders, who must prioritize customer focus and identify areas of improvement.

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The Store That Helped Build Chicago

The Global Small Business Blog

©2024 Laurel J. Delaney. All rights reserved. "Right or wrong, the customer is always right.

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10 Reasons Why You Need To Offer Omnichannel Customer Support

31 West

We live in a world where people don’t just expect personalized messages from their favorite brands, but they want the entire shopping experience tailored to their unique needs. Receiving the right message at the right time is a key marketing strategy for businesses. However, connecting with your customers through the right channel is equally important.

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The Bot Backlash: How Misguided Chatbot Implementation is Ruining Your Customer Experience

Premier BPO

As per Premier BPO’s insights from the Forrester report , the consumer perception of CX quality is significantly declining, especially regarding effectiveness, ease, and emotional connection. 1 The CX downfall is a significant challenge for C-suite leaders, who believe investing heavily in AI across virtually every stage of the customer journey can improve CX quality.

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The Region Aspiring to be the Next AI Innovation Superpower | Blog

Everest Group

Saudi Arabia is rapidly emerging as a global leader in artificial intelligence (AI ) and generative AI (gen AI) innovation. Read on to learn how the nation is making substantial investments to become a pioneer in the AI landscape, attracting significant attention from global tech and investment communities. The Kingdom of Saudi Arabia has been historically dominated by its O&G industry and, until quite recently, was not perceived as a tech-savvy nation.

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No Excuses: The Definitive Guide to Managing a Remote Team

Unlock the full potential of your remote team with Hubstaff’s Definitive Guide to Managing a Remote Team. Learn actionable strategies to build, lead, and optimize a high-performing distributed workforce. In it, you’ll learn: Proven strategies for hiring top remote talent and building a cohesive team Best practices for overcoming common remote work challenges, including communication and time management How to foster accountability and productivity with effective systems and tools Techniques for

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IMF Chief Urges U.S. Policymakers to Pay Off the Deficit

The Global Small Business Blog

©iStock/krblokhin International Monetary Fund (IMF) chief Kristalina Georgieva recently urged U.S. policymakers to take advantage of the U.S. recovery from the pandemic and pay off the deficit. Georgieva said policymakers should put the U.S. national deficit on a “decisive downward path,” in part to ensure investors do not start losing interest in U.S. treasuries.

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The Importance of LGBTQ+ Inclusion

Redial

In today’s diverse workplace, including LGBTQ+ individuals are crucial for both ethical and strategic reasons. Here are key benefits of fostering LGBTQ+ inclusion: Enhanced Employee Well-being and Productivity When LGBTQ+ employees feel accepted, their job satisfaction and productivity improve. Authentic self-expression at work leads to higher engagement and commitment.

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The Power of Sanity Testing: Keeping Your Software Stable and Robust

Groove Technology

Introduction to Sanity Testing Sanity testing is a subset of regression testing that focuses on verifying specific functionalities after making minor changes or bug fixes in the software. Unlike comprehensive testing, sanity testing aims to check whether the recent changes have not adversely affected the existing features. This quick, targeted approach ensures that the core functionalities remain intact before moving on to more detailed testing phases.

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APAC CME Enterprise: IT Outsourcing as a Strategic Lever | Webinar

Everest Group

Live Webinar APAC CME Enterprise: IT Outsourcing as a Strategic Lever June 27, 2024 | 11 a.m. IST | 1:30 p.m. SGT | 2:30 p.m. JST | 3 p.m. ACT Stagnant revenues and the increasing cost of services are challenging Asia Pacific (APAC) businesses in the Communication, Media and Entertainment (CME) vertical. To tackle a difficult business environment and more structural issues across the industry, CME enterprises are increasingly turning to IT outsourcing as a strategic lever to aid in transformatio

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10 HR Metrics for 2025: HR Data Toolkit

The right HR metrics can illuminate hidden trends, justify decisions to the C-suite, and give you an edge in this unpredictable economy. Download Paycor’s guide and learn how to calculate your: Cost-per-Hire Total Financial Impact of Absences Voluntary Turnover Rate And more!

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Today in Global Small Business: How Small Business Owners Make It Happen

The Global Small Business Blog

©iStock/Drazen Zigic What's affecting me, my clients, my colleagues and other global small business owners: How small business owners make it happen. Impact in action. Small business owners spot opportunities to boost productivity. Quote of the week: "Supporting small businesses is not just about commerce, it's about community." – Michael Dell, Founder of Dell Technologies Global Small Business Study surveyed the owners and IT decision makers at small businesses across six countries to discover

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Forrester Report: Customer Experience Plummets to All-Time Low Is Your Business at Risk?

Premier BPO

Customer Experience (CX) quality is in freefall in the US; a recent Forrester Research report highlights that US consumers’ perception of CX quality has fallen for the third year and sits at its lowest point since the inception of the CX index in 2016. 1 The CX downfall is a significant challenge for C-suite leaders, who must prioritize customer focus and identify areas of improvement.

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Hero, Villain, or Victim? Stories that Sabotage

Perficient Digital Transformation

In 1968, psychiatrist Stephen Karpman modeled what he called the Drama Triangle. With this, he illustrated dysfunctional mindsets that can derail social interactions. The three roles defined in this model are the rescuer (hero), persecutor (villain), and victim. This is another view of the lies we tell ourselves. Since the dawn of history, we’ve loved stories.

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Moderator Wellbeing in the Age of AI – Challenges and Solutions | Webinar

Everest Group

Event Moderator Wellbeing in the Age of AI - Challenges and Solutions June 27, 2024 Catch Everest Group Practice Director, Abhijnan Dasgupta as he explores the impact of generative AI on moderator wellbeing, including the role it will play in the wellbeing lifecycle, and discusses the future of wellbeing in Trust and Safety (T&S). With generative AI causing an increase in the volume and complexity of content to be moderated, there is a need to enhance wellbeing efforts for content moderators

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Case Study: How Adding an Internship Program Takes Nearshoring to The Next Level

Learn how a publically traded US fintech company elevated its nearshore strategy. By working with a strategic staffing partner in Mexico, they developed targeted internship programs at multiple universities.

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Why Did Apple Suspend Temu From Its Digital App Store in 2023?

The Global Small Business Blog

©iStock/4045 A lawsuit filed by State Attorney General Tim Griffin in Cleburne County is targeting the holding company of an online shopping service, Temu, and its business dealings, citing consumer privacy risk as a byproduct of the company making a profit. "While this is my [says Griffin] first state lawsuit against Temu over its deceptive trade practices, it is not the first time Temu's tactics have been called into question.

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How to Select the Right AI Low-Code Platform for Your Business

Amzur

The race for digital transformation is on, and AI-driven low-code platforms are emerging as the clear front-runners. From a u tomating appointment scheduling, streamlining patient care and insurance claim processing in healthcare to optimizing financial processes, these innovative platforms are revolutionizing how businesses build applications across industries.

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How to Configure ServiceNow Catalog Items for Microsoft Search

Perficient Digital Transformation

If you are using ServiceNow as your IT service management platform, you might want to make your catalog items searchable in Microsoft Search. Microsoft Search is a unified search experience that helps you find what you need across your organization, including files, sites, people, and more. By connecting your ServiceNow catalog items to Microsoft Search, you can enable your users to find and request them directly from the Microsoft 365 apps.

Sourcing 101
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Beyond Conventional QA: Reinventing Quality Engineering for the Phygital Era | Blog

Everest Group

Enterprises are welcoming the adoption of phygital systems, blending physical and digital elements for next-level product experiences. While these innovations offer significant benefits, they also introduce unique quality challenges that require specialized quality engineering , multidisciplinary talent, and strategic partnerships. This blog explores these challenges and the necessary transformations needed to ensure seamless phygital experiences.

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Enterprise Knowledge Assistance Powered by AI for Smarter Decision Making

The Enterprise Knowledge Assistant (EKA) by Intetics is a groundbreaking platform tailored to revolutionize business operations for enterprises, SMBs, and startups. Powered by Generative AI, NLP, and ML, EKA automates tasks like information retrieval, customer support, and content creation. Boost efficiency by 30-50%, cut routine inquiries by 40%, and reduce training time by 30-50%.

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The Power of Sanity Testing: Keeping Your Software Stable and Robust

Groove Technology

Introduction to Sanity Testing Sanity testing is a subset of regression testing that focuses on verifying specific functionalities after making minor changes or bug fixes in the software. Unlike comprehensive testing, sanity testing aims to check whether the recent changes have not adversely affected the existing features. This quick, targeted approach ensures that the core functionalities remain intact before moving on to more detailed testing phases.

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What are In-Kind Benefits? A Key to Global Hiring

Globalization Partners

Including benefits in kind, or non-cash, supplemental benefits in your global expansion strategy can improve employee engagement, talent retention, and business outcomes. With the right Employer of Record (EOR) solution, companies can access the tools and expert guidance to streamline global HR, payroll, benefits, and more – quickly and compliantly.

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Understanding Person Accounts in Salesforce: A Comprehensive Guide

Perficient Digital Transformation

Hello Trailblazers… As you all know, Salesforce, as a versatile customer relationship management (CRM) platform, provides a variety of features to manage different- different business needs. One such feature is the “Person Account,” designed for businesses that interact directly with individual consumers rather than companies. So, this blog will provide an in-depth understanding of Person Accounts in Salesforce, exploring their structure, benefits, setup, and best practices for effec

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Winning Commercial and Solution Sizing Approaches in Technology Sourcing Deals | Webinar

Everest Group

Live Webinar Winning Commercial and Solution Sizing Approaches in Technology Sourcing Deals June 25, 2024 | 8:00 AM PT | 10:00 AM CT | 11:00 AM ET | 4:00 PM BST | 8:30 PM IST The economic environment is currently uncertain due to concerns around inflation and geopolitical instability in parts of the world. As a result, enterprises are pushing service providers to deliver more while keeping costs static or even lowering them.

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BPO Playbook: 7 Moves for Global Expansion & Compliance Excellence

The BPO game has changed. This is your playbook to crush the competition and lead the charge. Scale smarter, secure compliance like a pro, and become the BPO partner clients can’t live without. Download this new playbook to learn 7 winning strategies to transform your BPO: Automation becomes the ultimate advantage Leveraging remote and hybrid work as strategic advantages Data privacy and compliance as the ultimate differentiators Going beyond vendor status to become an indispensable strategic al

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European Contact Centre & Customer Service Awards (ECCCSAs) 2024

Intelligent Sourcing

The greatest awards programme in the European customer contact industry. For more information visit www.ecccsa.com The award-winning European Contact Centre & Customer Service Awards (ECCCSAs) is the longest running and largest awards programme in the European customer contact industry. The programme recognises organisations across Europe that are leading the way in delivering exceptional service to […] The post European Contact Centre & Customer Service Awards (ECCCSAs) 2024 appe

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Transforming Customer Service in High-End Retail: The Role of Customer Feedback

Working Solutions Outsourcing

As customer expectations change and technology advances, exceptional customer service has emerged as a necessity to ensure brand success. High-end brands thrive on their ability to provide personalized, exclusive, and extraordinary service that meets the high expectations of their discerning customers.

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Best Practices for KPIs for Healthcare Marketers 

Perficient Digital Transformation

Following best practices for KPIs (key performance indicators) is an essential start for any marketing initiative, but it’s often an overlooked step. Let’s look and why KPIs are so important and some practical advice that can help you incorporate, and get value from, your KPIs. What is a KPI? KPIs and goals often get muddled in the heat of a project.

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Why Continuity of Talent Is Now Crucial for Tech Platform Teams

Everest Group

Companies that are well into their digital journey invest a lot in their platform technology stack. As I explained in a prior blog , the relationship between their technology and their business operations is becoming very codependent and intimately related. This causes a need for continuity of talent in the tech teams, which has significant implications in the relationships companies build with their third-party service providers as well as how they configure their own teams internally.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.