Introduction: In today’s business world, Rapid-Cycle Innovation (RCI) has emerged as a crucial approach for organizations aiming to stay competitive and agile. RCI involves the rapid development and testing of ideas to drive innovation at a much faster pace. As businesses increasingly face disruptive technologies and evolving market demands, the importance of RCI continues to […]
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The applications and systems utilized by companies to maintain operational agility have a profound impact on their overall business strategies. Businesses that want to get the most out of their software and hardware infrastructure should do continuous evaluations to upgrade and improve their capabilities. Getting more done with less effort means investing in the right […]
Read More… from 5 Reasons to Re-Evaluate Your Business Tools in 2022
Since the rise of digital utilities for productivity that’s occurred over the last 25 years or so, business owners and managers have been in a position of having to choose between web-based calendars and schedule management tools in managing teams. Not only that, but they’ve had to determine which utility serves them best. Some may […]
Solid communication is a key component in how a company functions. The limitations of traditional phone systems have led businesses to look elsewhere for solutions that provide connectivity on a broader scale, a boost in efficiency, and even cost savings in the long run. Voice over Internet Protocol (VoIP) systems have become one fix to […]
Anyone who has managed a job site has dealt with weather conditions that have delayed their project. Weather is a tricky factor for any industry that conducts business outdoors. Every company that operates outside has dealt with changing weather conditions. Everyone from the construction industry to event companies to general contractors has to deal with […]
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The benefits of operational agility became clear early on during the COVID-19 pandemic. Businesses that adopted agile operations on a flexible operating model were better able to adjust during the upheaval. We’ve now had time to examine better what businesses did to shift their strategies and how they were able to sustain change. The importance […]
Read More… from Operational Agility: Shifts in Operating Models During COVID-19
Managing mortgage loan originator (MLO) licensing can be time-consuming, particularly if you’re navigating multiple licensing processes in numerous states. License tracking and management have traditionally been done as a manual process. Individuals were tasked with following the license requirements at the federal and state level. There are better ways. Take a look at […]
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Lean process improvement is a strategy focused on creating long-term growth through increased efficiency with the customer in mind. Lean process improvement steps are then less of a short-term fix and more a philosophy around continuous improvement. Companies should then be willing to learn more about the lean improvement cycle and support increasing profits at […]
A great business leader can navigate a crisis, drive positive change at an organization, and empower their employees to take on leadership roles in their position. An ineffective leader who cannot motivate an organization can create unintended inefficiencies and high turnover, hurting its bottom line. Different leadership types can dramatically affect how a company […]
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The COVID-19 pandemic has upended how, where, and when we work. Companies that have adapted to changing demands through their employees and in the marketplace have fared better and will be better prepared to adjust to expected workplace trends in the coming year. Trends will remain driven by the pandemic’s effects, with many of the […]
Read More… from The Future of the Workplace: 2021 Workplace Trends