Sat.Aug 06, 2022 - Fri.Aug 12, 2022

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If GDP Is Falling, Will the Global Economy Shrink?

The Global Small Business Blog

©iStock/Darren415 If Gross Domestic Product (GDP) is falling, then the economy is shrinking - bad news for businesses and workers. If GDP falls for two quarters in a row, that is known as a recession, which can mean pay freezes and lost jobs. GDP is one of the most important tools for looking at how well, or badly, an economy is doing. GDP can be measured in 3 ways Output, expenditure and income.

Jobbing 174
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How to make ESG real

McKinsey and Company

While ESG is likely to evolve both in substance and name in the coming years, its underlying impulse is here to say. Here’s how companies can take a more systematic and rewarding approach to ESG.

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Announcing the CRM waves – and how to use them

Forrester Digital Transformation

The global customer relationship management market is projected to grow from $63.91 billion in 2022 to $145.79 billion by 2029, at a CAGR of 12.5%. This second wave CRM is experiencing is aimed at transforming engagement and business outcomes across an enterprise, surpassing its initial remit of increasing front-office productivity. Companies use CRM to support […].

Marketing 241
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CRM Vs Ticketing System – 5 Major Differences You Must Know

31 West

You may need an efficient solution to resolve issues raised by your end-user conveniently. At the same time, you will want to develop a productive relationship with your customers. One idea that will land on your mind may be outsourcing an IT helpdesk. But then more ideas will come turning your mind into a debate platform on CRM vs ticketing systems.

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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

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A Great Resource for the Illinois Global Business and Entrepreneurship Ecosystem

The Global Small Business Blog

©iStock/JaySi One of the best kept secrets in Chicago is the long-standing nonprofit International Trade Association of Greater Chicago (ITA/GC) , which provides a forum for the exchange of up-to-date and practical information on the trends and tools of the ever-changing global marketplace. Established in 1977 (name changed to ITA/GC in 1985) by Richard Paullin who is considered the Mayor of global trade in Chicago.

Banking 224
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7 Tips for Developing a Collaborative Hiring Strategy

Globalization Partners

All savvy business owners know it: To run a successful company, you need to employ the right people. It’s not enough to sell great products, offer quality services, or use the latest and most sophisticated technology — people are the real beating heart of a solid company. This means recruiting the best people for the job is paramount to success. And, if you want to find and secure the best talent, a collaborative hiring strategy is essential.

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7 Key Help Desk Metrics Help to Improve Customer Support

31 West

A helpdesk is the first contact point for your customers. Your customers must receive a satisfactory response when they have any issue or query. So you need to monitor the helpdesk metrics regularly to avoid any drawbacks in your customer service. These metrics are the measurements of your help desk performance. Your customers have little time to spend on your brand.

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The Global Plastics Outlook Through 2060

The Global Small Business Blog

©iStock/ Kriengsak Tarasri In recent years, growing awareness of ubiquitous plastic pollution has steered public opinion and paved the way for stronger policy intervention on this front. The OECD Global Plastics Outlook reports seek to inform and support these efforts. Plastic pollution is one of the great environmental challenges of the 21st century, causing wide-ranging damage to ecosystems and human health, while the fossil-fuel origins of most of the plastics produced have implications for c

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6 Areas That Stall Organizational Change

Perficient Digital Transformation

In 1987, Mary Lippitt released a change management model that beautifully illustrated five key areas for organizational change. In 2000, Tommy Knoster extended Lippitt’s concept and included a sixth area of importance: consensus. It is now referred to as the Lippitt-Knoster Model for Managing Complex Change. I use this model as part of my introduction to new team members.

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Performance Marketing Is Underperforming

Forrester Digital Transformation

Every advertising channel now parades as “performance” to appear accountable to outcomes. As a result, the category of performance marketing – once wholly focused on search, social, native, and affiliate marketing – is diluting. This dilution, along with three trends, is causing performance marketing’s underperformance.

Marketing 130
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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.

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How to Choose the Best Help Desk Solution for Your Business?

31 West

Customers are the backbone of your business. So one of the most vital parts of your business operation is customer service. Most companies manage smooth customer service through a helpdesk solution. It is a farseeing approach providing centralized support and information to manage internal or external business queries. This approach makes your business process error-free and more productive by replacing the in-person service desk with automated ticketing.

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The Ever-Growing Small Business Export Market

The Global Small Business Blog

©iStock/bugphal Whether it's Mississippi, Massachusetts or Main, exporting is a great way to great your business. "Businesses that export generally earn higher revenues, create more jobs, pay higher wages and are less likely to go out of business," [Arun] Venkataraman [Assistant Secretary of Commerce for Global Markets and Director General of the U.S. and Foreign Commercial Service, Jackson, MS] said. " My priority is to expand the pool of exporters to include (Mississippians) and diverse busine

Marketing 170
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The Corporate Athlete: Balancing A Technology Career in the Motherhood Space

Perficient Digital Transformation

The alarms sounds. It’s 5:00 am. The house is quiet. It’s here, my most productive and focused time of day. The smell of fresh brewed coffee fills the air as the sun begins to peek over the trees outside my office window. The stillness allowing for the clearest focus and strategic thinking to set up for a productive workday. I know I have just the right amount of time and mind space before the day fully engages: inboxes fill, teams begin to meet and customer meetings ensue.

Jobbing 116
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The Ever-Expanding Reach Of India’s Unified Payments Interface (UPI)

Forrester Digital Transformation

India’s Unified Payments Interface (UPI) continues to grow at a breakneck pace. As per a recent news article, this year’s transaction volume and value have virtually doubled compared to the previous year, rising 99% in volume and 90% in value. In some ways, UPI has transformed India’s digital economy and has accelerated the country’s transition […].

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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.

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How to Improve Help Desk Performance?

31 West

A help desk is the prime necessity of modern age businesses. The reason is both your employees and customers desire flawless support. However, a helpdesk in its place is not enough to meet your conditions. The aspect that can bring a difference to your business is your help desk performance. If your employees find prompt solutions to every IT-related issue , they will feel valued.

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Today in Global Small Business: Get Ready for the Wave of Digitization

The Global Small Business Blog

©iStock/metamorworks What's affecting me, my clients, my colleagues and other global small business owners: A rapid wave of digitization over the last few years sparked a significant shift in how businesses make and receive payments. American Express introduces Global Pay , a B2B cross-border payment solution for small businesses. The market read the Federal Reserve wrong.

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How to Easily Connect Your Business with Your Customer’s Digital Experience

Perficient Digital Transformation

Your customers want to live the digital-first lifestyle, especially when it comes to interacting with your brand. But, does your business have a plan, strategy, structure, and requirements in place and prepared to deliver on these expectations? Your company’s organizational change management (OCM) processes must be addressed and set before you can choose the right technology to implement and create a seamless digital customer experience.

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Join me at Forrester’s Tech Leader Summit 2022 Singapore to learn about building successful co-innovation partnerships

Forrester Digital Transformation

I have previously written about co-innovation partnerships, outlining the basics here and sharing some key rules here. In this blog post, I would like to share some additional tips to get you started and invite you to learn more about building successful co-innovation partnerships at Forrester’s Tech Leader Summit, August 18, 2022, in Singapore. Getting […].

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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.

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Remote Employee Onboarding – Best Practices from Industry Leaders

31 West

Your first impression is everything! Yup! Trust us when we say, your smooth onboarding process is more like a frontline worker when it comes to hiring new employees. It renders them the first point to judge you. Evidently, 93% of employers believe a good onboarding experience is critical in influencing a new employee’s decision whether to stay with the company.

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Where delegation fails: Five things only the enterprise CEO can do to build new businesses

McKinsey and Company

Business building is increasingly important for company resilience, and CEOs are uniquely suited for the job. Here are five tasks that CEOs can undertake to build successful new businesses.

Jobbing 107
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How to minimize agent turnover so you aren’t stuck onboarding and training

Influx

According to Contact Babel, agent attrition rates have been on the rise since 2013, when the mean rate had been steady for three years at 27%. It rose to 29% in 2015 and 2016 and then jumped to 34% in 2019. There was a slight decrease in call center attrition in 2020 that may have been due to the COVID-19 pandemic. . There are many reasons why agents leave their roles and some may have nothing at all to do with your business.

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Getting The Knack For NAC

Forrester Digital Transformation

Network Access Control (NAC) was first offered in 2006 as a security solution which seemed promising but struggled to gain any interest for its adoption. This only worsened in the wake of anywhere work and the move to the cloud as on-premise networks declined in importance. Newer solutions such as Zero Trust Network Access (ZTNA) […].

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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.

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Martha Spent the Last Five Years Traveling and Working Remotely, and She Says She’ll Never Go Back

Velocity Global

Get to know Martha Torices, one of our Account Executives based in Mexico City. Five years ago, Martha quit her corporate in-office job. She’d always wanted to make travel a priority, but, as is true for so many of us, life got in the way. “I had been working in that position for eight years. I was tired, and I didn’t feel like I was growing anymore,” she says.

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Product development in the era of digital transformation and sustainability

McKinsey and Company

Because of digital and sustainability trends, R&D organizations are facing an increasingly complex landscape. Developing the necessary organizational structures and capabilities is urgent.

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Drones, Robots, and Farmers—Prepare Your Association To Meet Fast-Moving Technology Trends

.orgSource

To make a point about technology and its impact on the future of work, Hugh Lee, Co-Founder of Fusion Productions, told me this story: “Several years ago, we invited some young presenters who were developing cutting edge farming technology to digitalNow. They were using drones to fly over fields and analyze the irrigation and fertilizer […]. The post Drones, Robots, and Farmers—Prepare Your Association To Meet Fast-Moving Technology Trends appeared first on.orgSource.

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Marketing Efficacy And Operations Hinge On Marketing Resource Management

Forrester Digital Transformation

Today’s marketers face an existential crisis of looming irrelevance. To combat this, companies must follow the model for modern marketing: customer understanding informs brand strategy, which leads to brand experience. To adeptly support brand strategy, marketers must make marketing operations more efficient, streamlined, and cost effective, especially among pandemic-induced decentralized workforces.

Marketing 130
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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.

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The Pros and Cons of a Virtual Team: Here’s What You Need to Know

NoonDalton

A company’s diversity and openness are key factors in determining its strength. The concept of the “virtual team” has gained popularity as firms grow more accepting of developing technologies. Because of the cost savings, efficiency, and performance benefits of putting the finest people together, regardless of where they live, businesses have started to adapt to virtual teams.

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Overcoming the cost of healthcare transformation through partnerships

McKinsey and Company

Players are adapting to the evolving healthcare landscape by using a range of partnership models—beyond M&A—to create value. Anticipating and avoiding five common mistakes can be key for success.

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5 Ways a Language Programmer Help Your Business Succeed

Bydrec

A language programmer is a type of software engineer who creates and maintains computer programming languages. These individuals specialize in the syntax, semantics, and other elements that make up a programming language. Depending on the organization and the specific needs of a project, these professionals may work as part of a team or operate individually.

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Get Ready for Planning Season: Is Your CX Beacon Metric Still The Best Choice?

Forrester Digital Transformation

It’s that time of year again. We’re not talking about back-to-school (although there are probably many parents excited about that milestone). No, we’re referring to the annual planning cycle: reviewing performance against OKRs and supporting KPIs, plus subsequent budget planning. For CX professionals, it can be a particularly stressful time as CX metrics are scrutinized […].

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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.