British mathematician Clive Humby declared in 2006 that “data is the new oil.” And like oil, data needs to be refined and processed into something useful. In the age of digitalisation and social media, there’s a lot of data around. This is where artificial intelligence and machine learning comes into play.
There is a very basic economic principle that many businesses abide by: to maximise your profits, you need to minimise your costs. In this video, I explore three ways you can start doing today to help you increase your profit without increasing your prices.
The key to business success is understanding your customers—what they want, when and where they want it, and how to give it to them. Good customer experience means addressing these needs and wants the way your customers want you to. The challenge is finding this information.
Here’s an interesting thing about online reviews: people read and trust them. According to a Capterra survey, 98% of Australians read online reviews before buying, and 94% of them trust these reviews. It’s good business sense to get good reviews.
The economic and business environment has been volatile in the last decade. It has become increasingly challenging for companies to thrive during this period of volatility. How are businesses, large and small, responding to thrive in times of change? In this video, I share three cases of businesses that have adapted and pivoted during crucial …
Navigating Change: Adaptation Strategies for Businesses Read More »
Why do employees feel disengaged? Experts will list many factors: poor management and direction, the lack of challenging work, poor job fit, or even poor internal communication. These reasons may be caused by different parties: the manager, co-workers, the working environment, or perhaps even the employees themselves. What do these reasons have in common?
Why do employees feel disengaged? Experts will list many factors: poor management and direction, the lack of challenging work, poor job fit, or even poor internal communication. These reasons may be caused by different parties: the manager, co-workers, the working environment, or perhaps even the employees themselves. What do these reasons have in common?
Why do employees feel disengaged? Experts will list many factors: poor management and direction, the lack of challenging work, poor job fit, or even poor internal communication. These reasons may be caused by different parties: the manager, co-workers, the working environment, or perhaps even the employees themselves. What do these reasons have in common?
Time is the most valuable resource. When you’re juggling various responsibilities, you must use time well. When you run a small business, wasting time means wasting money.
In the dynamic business landscape, where innovation and growth are key, fostering an engaging company culture is essential for success. One of the fundamental pillars of such a culture is fair compensation. When employees feel valued and fairly rewarded for their contributions, they are more likely to be engaged, motivated, and committed to the company’s …
Fostering an engaging culture through fair compensation Read More »
One of the most established and relevant marketing strategies is product or service differentiation—that is, competing by offering something that none of your competitors offer. One way to differentiate is to focus on a niche market. In this video, I explore what a business niche is, why focusing on a niche may be a winning …
To-do lists: love or loathe them? It has been found to be helpful in getting things done. Here’s my experience with creating to-do lists. Tell me if you have a similar experience.
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