Sat.Apr 29, 2023 - Fri.May 05, 2023

article thumbnail

Nearshoring to Mexico: Is It Cheaper Than the U.S.?

Ivemsa

Many factors over the years have led to a surge of foreign operators nearshoring manufacturing to Mexico. Though the concept is decades-old, challenges with manufacturing in China and lingering effects from the global pandemic have caused Mexico to be in the spotlight once more. For U.S. manufacturers, in particular, the close proximity between the U.S. and Mexico makes it an optimal choice.

article thumbnail

The Top 10 Cyber Security Threats Facing Businesses In 2023

31 West

With the remote work trend and computerized systems gaining immense popularity, businesses and individuals are constantly focusing on cybersecurity practices, more now than ever. If you think your business has little to no risk of getting exposed to these attacks because it’s a small-scale company, you couldn’t be more wrong. According to Astra Security , 700,000 small companies became attackers’ victims in 2020, costing $2.8 billion in loss.

professionals

Sign Up for our Newsletter

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

article thumbnail

Reducing climate-related property risk with AI

McKinsey and Company

In this roundtable, leaders from AI-enabled analytics platform ZestyAI discuss how artificial intelligence could help US property insurers evolve their underwriting models to account for climate risk.

Insurance 117
article thumbnail

Is Your Startup Ready to Go Global?

The Global Small Business Blog

©iStock/metamorworks While the most successful companies tend to follow the money, that shouldn’t be your sole motivation for going global. There are five main indicators for determining if your startup is ready to go global. If one or two of the indicators here apply to your business, you’re definitely headed in the right direction. But before you take the leap, you need to be aware of the challenges and risks.

197
197
article thumbnail

How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

article thumbnail

Protecting Against The Top Cybersecurity Threats In 2023 Requires A Balanced Approach

Forrester Digital Transformation

Cybersecurity threats continue to plague organizations, multiplying like Mogwai in the 1984 hit movie “Gremlins” (just don’t feed them after midnight). Forrester data shows that almost three-quarters of organizations reported one or more data breaches in the past 12 months.

article thumbnail

How To Set Up Sharepoint For Document Management?

31 West

With SharePoint document management, you can create a library to store documents using metadata. It allows users to upload documents and tag them with search-based keywords. In simple words, SharePoint DMS helps you manage your business data in a precise manner. It will enhance the efficiency of your IT help desk team as they can easily find documents while resolving issues.

More Trending

article thumbnail

Making the World a Better Place (wegginar® 5/3/23)

The Global Small Business Blog

©2023 Women Entrepreneurs Grow Global Who doesn't want to make the world a better place? Founder of OMSutra, Jyoti Jaiswal, will be talking about how to get started and weave in positivity and consciously crafted design to make her point. Join Jyoti and wegg® free of charge on Wednesday, May 3rd at 11 AM CT. To learn more and to register, visit: [link].

Design 246
article thumbnail

Insights From The 2023 RSA Conference: Generative AI, Quantum, And Innovation Sandbox

Forrester Digital Transformation

RSAC 2023 is a wrap! The Forrester security and risk team had 11 attendees at the RSA Conference last week. We really enjoyed meeting with clients and colleagues old and new — and now we’re *exhausted.* It’s no mystery why; as a team, we collectively participated in over 230 meetings and took more than 1.

article thumbnail

Most Common Questions About MS Outlook

31 West

Outlook is a commonly used email client app. However, there’s more to this email application than sending and receiving emails. Outlook is packed with task management features and an email calendar. It’s available as a standalone product and as part of the Microsoft Office Suite, which includes PowerPoint, Word, Excel, and more. Users who don’t want the Office 365 subscription can use its free browser version, which offers Outlook’s basic features.

article thumbnail

Looking within: How Walmart in Mexico changed everything for an omnichannel future

McKinsey and Company

The executive committee at Walmex had to lead differently to take the company into the digital age. They reflect on the changes in the organization and in themselves.

Retail 124
article thumbnail

Global Hiring Guide for Startups

Grow your startup beyond borders and boundaries. Global expansion is the ultimate goal for many startup founders. However, to successfully enter new markets and grow internationally, you need a sound and scalable global recruitment strategy. In this eBook, you’ll discover how you can gain a competitive edge over your business rivals through the latest technology, harnessing global contractors, and using a global employment platform.

article thumbnail

Chewy Eyes International Expansion

The Global Small Business Blog

©iStock/Liudmila Chernetska “International expansion has long been a part of our strategy,” said Sumit Singh, Chewy’s CEO, during the [most recent earnings] call. “It was a matter of when, not if Chewy would take our superior value proposition into new geographies.” Details about which markets Chewy plans to expand to were scarce but Singh said the company is considering “entry markets that possess attractive characteristics for our initial international expansion plans.

Marketing 194
article thumbnail

COVID-19 Global Health Emergency Has Ended. These Three Consumer Behaviors Aren’t Changing.

Forrester Digital Transformation

On Friday, May 5th 2023, The World Health Organization (WHO) declared an end to the COVID-19 emergency. While it will keep its status as a pandemic, this new declaration is a long-awaited milestone.

Marketing 130
article thumbnail

What Are Sharepoint Workflows And How To Use Them?

31 West

A workflow is a method for operating repetitive functions and assignments occurring in a specific mandate. These procedures enable IT service desks and other departments to perform their job in manufacturing, service providing, or other activities. SharePoint workflows are in-built applications that simplify and automate various business operations.

article thumbnail

Perficient to Host AI Bootcamps in Dallas, Houston, Detroit, & St. Louis with Mark Cuban Foundation

Perficient Digital Transformation

Perficient is excited to announce the expansion of our collaboration with the Mark Cuban Foundation to host free Artificial Intelligence (AI) Bootcamps for high school students in Dallas, Houston, Detroit, and St. Louis. The AI Bootcamp training sessions hosted by Perficient will introduce students to the concepts of AI through educational seminars, interactive lessons, and lab exercises.

article thumbnail

The 2023 Supply Chain Crystal Ball: Challenges and Solutions

Speaker: Olivia Montgomery, Associate Principal Supply Chain Analyst

Curious to know how your peers are navigating ongoing disruption? The supply chain management techniques that dominated the last 30 years are no longer supporting consumer behavior or logistics and manufacturing capabilities. So what’s working now? What should your plans for 2023 include? By researching the supply chain challenges and solutions that businesses – especially small and midsize businesses – are currently experiencing, we’ve learned what’s working and what’s not.

article thumbnail

Robert Herjavec Wasn't Born a Successful Global Entrepreneur

The Global Small Business Blog

©iStock/Biod To get what he wanted in life, Robert Herjavec discovered at an early age that he needed to step outside his comfort zone. The world, he said, would not beat a path to his door. The charming, articulate executive [Robert Herjavec] we see today on ABC’s Emmy Award-winning show “Shark Tank” is a far cry from the shy, uncertain young man who grew up in Canada after fleeing communist Yugoslavia with his parents.

157
157
article thumbnail

The Tale Of The Chief Digital Officer Is Still Being Written

Forrester Digital Transformation

Digital impacts all companies — regardless of industry, size, and location. But the value that digital brings differs by organization, and so does the focus of any digital activities. Forrester analyzed the profiles of 85 digital leaders working for large global organizations across different countries and industries.

130
130
article thumbnail

The next competitive advantage in talent: Continuous employee listening

McKinsey and Company

People analytics can provide real-time insights. Here’s how leaders can use them to identify critical needs, make decisions more quickly, and strengthen their employee value propositions.

Analytics 110
article thumbnail

Answerthink Enters Into Agreement with Nagarro for ComplianceNow Suite

The Hackett Group

Miami, FL – May 2, 202 3 – Answerthink, a division of The Hackett Group , Inc. (NASDAQ: HCKT) , today announced that it has entered into a partnership agreement with Nagarro for sales of their ComplianceNow suite to U.S. companies using SAP software. ComplianceNow, part of Nagarro, is a suite of products for optimizing and streamlining SAP compliance processes.

Advisory 108
article thumbnail

Building A Superstar Global Workforce: What We Aren’t Talking About Enough

Companies are turning inclusive by breaking conventional hiring practices and expanding their talent pools. But there are important questions that still are not being addressed. Read this eBook to understand how taking the following seriously can help you build a superstar global workforce: The importance of the new-age manager. Maintaining social capital.

article thumbnail

Today in Global Small Business: Inspirational Songs For Global Entrepreneurs

The Global Small Business Blog

©iStock/cienpies What's affecting me, my clients, my colleagues and other global small business owners: Music can benefit your business, as it has for these 50 entrepreneurs. Check out their picks for inspirational songs (hint: "My Way" by Frank Sinatra). Global retail ecommerce forecast 2023. ChatGPT as a thinking partner. Quote of the week: "One good thing about music, when it hits you, you feel no pain." – Bob Marley Developing positive character.

Retail 120
article thumbnail

Why The Digital Identity Market Needs A Big Shake-Up To Meet Its Potential

Forrester Digital Transformation

“On the internet, nobody knows you are a dog” is an oft quoted maxim from the 90s attributed to Peter Steiner. First appearing in The New Yorker, this meme illustrates the difficulty of establishing identity and, by extension, validating claims on the internet. Over three decades later, we still face the same challenges.

Marketing 130
article thumbnail

Nursing in 2023: How hospitals are confronting shortages

McKinsey and Company

Nearly a third of surveyed nurses still report an intent to leave their current jobs. Will hospitals’ efforts bend the curve?

Jobbing 122
article thumbnail

Don’t pause AI development, prioritize ethics instead

IBM Services

The introduction of generative AI systems into the public domain exposed people all over the world to new technological possibilities, implications, and even consequences many had yet to consider. Thanks to systems like ChatGPT, just about anyone can now use advanced AI models that are not only capable of detecting patterns, honing data, and making recommendations as earlier versions of AI would, but also moving beyond that to create new content, develop original chat responses, and more.

article thumbnail

ABM Evolution: How Top Marketers Are Using Account-Based Strategies

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.

article thumbnail

4 Questions Data Companies Should Ask When Choosing a Platform Modernization Partner

3Pillar Global

So you’re ready to start your platform modernization journey, but are unsure where to start? You’re in the right place! In this article, we’ll walk through the process of choosing a platform modernization partner, how they can help, and four key questions to ask during the selection process. The goal of the process should be to find a partner that has the expertise, capabilities, and mindset to help you build new data products , enhance the products you have, and increase the value you offer to

article thumbnail

Is Your Quest To Build A Modern, Automated, Optimized Tech Stack Leaving Your Customers Behind? Probably.

Forrester Digital Transformation

Organizations that prioritize internal criteria for making tech decisions often miss the mark. Discover how embracing customer obsession can turn your B2B tech strategy into a revenue-generating powerhouse at this year’s B2B Summit North America.

article thumbnail

Bridging another digital divide: Accessibility for blind and low-vision consumers

McKinsey and Company

Companies have an opportunity to build lasting relationships with consumers who are blind or low vision. Doing so requires a proactive, inclusive approach to digital.

Design 102
article thumbnail

What policymakers need to know about foundation models

IBM Services

The last few years—even the last few months—have seen artificial intelligence (AI) breakthroughs come at a dizzying pace. AI that can generate paragraphs of text as well as a human, create realistic imagery and video from text, or perform hundreds of different tasks has captured the public’s attention. People see AI’s high level of performance, creative potential and, in some cases, the ability for anyone to use them with little to no technical expertise.

article thumbnail

Top 7 Global Employment Challenges

The benefits of expanding internationally are endless, especially if you approach it the right way. However, there are pitfalls along the way that can slow down progress. Global expansion brings many opportunities for companies —business growth, brand-building in new markets, and access to diverse talent pools worldwide. However, international growth can come with challenges.

article thumbnail

Why Financial Institutions Must Adopt Payment Platforms Into Their Digital Product Development

3Pillar Global

When the Covid-19 pandemic forced the closure of businesses in 2020, people quickly moved to online shopping, ordering and delivery. Now that things are opening up, and supply chains are normalizing, customers are married to the ease and convenience of all that e-commerce has to offer. And this trend is here to stay. According to Forbes , 20.8 percent of retail purchases are expected to take place online in 2023.

article thumbnail

Seriously, Stop Putting Consumer Data Into ChatGPT

Forrester Digital Transformation

I’ve seen an alarming number of posts on LinkedIn and Mastodon reminding people not to input company and consumer data into ChatGPT. It’s an important reminder but one that also highlights the need for this blog post: There’s no way of knowing what happens to that data.

130
130
article thumbnail

From Startup to Scaleup: How Our Dedicated Developers Help Growing Companies Achieve Success

comeMakeit

Suppose you’re raising butterflies. Will you feed them with grass, the same food as that of caterpillars? Clearly, no. You need to grow a flower garden to nurture butterflies and provide them with access to flowers. After they’ve grown and transformed, creatures acquire a different constitution. Their needs are quite different from other species as well as from that of their younger selves.

article thumbnail

From start-up to scale-up: Accelerating growth in construction technology

McKinsey and Company

To achieve scale, founders, executives, and investors in construction technology need to eliminate the barriers to efficient growth. Here’s how.

article thumbnail

A Deep Dive Into Supply Chain Strategy: Why Yours Isn't Working

Speaker: Michelle Meyer, Founder and CEO of MatterProviders

Michelle Meyer is the Founder and CEO of MatterProviders, and a supply chain professional of over 30 years. Fortunately, she's here to walk you through the future of supply chain strategy and why your current approach is probably not working. In this exclusive webinar, she will explore ways to develop and perfect your new, innovative supply chain design in this post-pandemic era of economic uncertainty.