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A solid strategy, an emphasis on customer satisfaction, and having the right people in the right roles are just some of the elements that set companies up to maximize shareholder value. Executives from Palantir, Palo Alto Networks, and Snowflake share their insights. Read the full article at: blog.workday.com 
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The Do’s and Don’ts of Incorporating AI into Your Financial Forecasting Model
Artificial intelligence (AI) has revolutionised the way businesses operate, especially in the realm of financial services. Traditional forecasting models have their limitations. True, they consider historical data and project them into the future, but the datasets are relatively small and siloed, and that can lead to inaccurate predictions. AI models can consider many more variables and subsequently, the AI-driven predictive analytics tools make more accurate and adaptable forecasts. Incorporating AI into financial forecasting models has already proven to enhance accuracy, efficiency and decision-making. However, to reap the benefits of incorporating AI, it is essential to navigate this integration carefully. When AI forecasting models are implemented correctly, errors can be controlled to less than 5 per cent. Read the full article at: www.infosysbpm.com
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Have you ever wondered what a $1,847 billion gig economy would look like in ten years, i.e., by 2032? Well, it’s already gaining serious momentum, with the market valued at $556.7 billion in 2024 and expected to grow at a whopping 16.18% CAGR, according to Business Research Insights. Read the full article at: www.vdart.com
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Read the full article at: www.aihr.com
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Too many sales reps are dull in their sales conversation. You can blame this on onboarding processes that gaslight reps into believing that their company and solution are the most important things. This establishes parity with competitors, meaning one salesperson is no better than another. Instead of being average and turning yourself into a commodity, aim to be a more dynamic, engaging salesperson. Read the full article at: www.thesalesblog.com
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Key Updates on the Economy & Markets The major development in 3Q24 was the Federal Reserve’s decision to cut interest rates by -0.50%, the first rate cut of this cycle. It came as the Fed shifted its focus, with unemployment rising to a 33-month high and inflation moving back to target.
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This week the Federal Reserve announced a 50bps interest rate cut taking the Fed Funds Target rate to 4.75 - 5 percent, the first cut in over four years, and signaling that the easing cycle has commenced. The announcement was one of the most anticipated and talked about in recent history. Read the full article at: www.forbes.com
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Recent financial market gyrations notwithstanding, the US is likely not on the cusp of recession. Nonetheless, the economy is expected to lose momentum in H2 2024 as high prices and elevated interest rates sap domestic demand. Real GDP growth rose by an unexpected 2.8 percent quarterly annualized in Q2 2024 (from 1.4 percent in Q1 2024), led by stronger domestic demand and a surge in inventories. But there were some signs of weakness, especially as consumers dialed back on services spending, which has been a key contributor to real GDP growth over the last two years. Consumers and businesses are likely to continue cutting spending and investments ahead, suggesting economic growth decelerated to 0.6 percent annualized in Q3 2024. Read the full article at: www.conference-board.org
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In today's rapidly evolving world, one industry facing a significant challenge is wastewater utilities. These utilities play a vital role in maintaining clean and safe water supplies, but they are struggling to recruit and retain a skilled workforce. Understanding the workforce crisis and the challenges faced by wastewater utilities is the first step towards finding sustainable solutions. By addressing the skills gap and leveraging technology, wastewater utilities can navigate the storm and ensure their long-term stability.
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In a survey of over 1,000 HR professionals, 85% expect AI to replace some parts of the recruitment process. In this article, we’ll explore the potential impact of AI recruitment on your business. You’ll also learn the steps to take if you want to try AI in your recruitment workflow. Read the full article at: business.tutsplus.com
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As sales leaders, we've all been there - you've invested time and resources into training your team, but the lessons aren't sticking somehow. The skills aren't improving, and the results aren't materializing. Before you throw in the towel, let's explore five methods to breathe new life into your sales training efforts. Read the full article at: blog.thecenterforsalesstrategy.com
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For those of us who have been in this industry for 20+ years, we grew up hearing that the Private Equity industry offered the most efficient path to professional success. Why? There was a formula that almost guaranteed beating the traditional stock market returns, and it could be applied again and again and again. In the US, Western Europe, and Asia-Pacific, the S&P 500, MSCI Europe PME, and the MSCI Asia Pacific PME all had better returns than the PE if the time horizon was limited to one year. However, if the time horizon was adjusted to five, ten, or even twenty years, the LBO returns were higher in every region. To sweeten the deal, long-term capital gains – where the hold period is greater than one year – are taxed at a much lower rate than short-term capital gains (held for less than a year). So, in theory, simply rinse and repeat. Read the full article at: privateequityboard.com
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Private equity jobs are scarce; you know it, and I know it. But having seen hundreds of applicants, and their resumes, I don’t think the problem lies so much in finding the jobs; it’s more the preparation. Nonetheless, part of that preparation involves knowing the roles on offer, so in this post I’ll outline the places to find jobs in private equity and how to best position yourself to land them. Everything from the importance of your school, to the importance of your background, and how to make none of that even matter. Read the full article at: theprivateequiteer.com
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As the holiday season approaches, some recruiters might start eating mashed potatoes early. But wait! This time is an opportunity to prepare your recruitment agency for the coming year. We’re here with five recruitment strategies for December that you can use to make your start of 2025 perfect. Read the full article at: recruitcrm.io
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Hospitality management is a career path focused on managing the day-to-day operations of hotels, resorts, and other lodging options. The best hospitality managers are always looking for innovative ways to improve the customer experience and increase efficiency at their properties. Read the full article at: www.cvent.com
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The recent US election results will undoubtedly impact the energy and sustainability landscape, setting the stage for potential shifts in policies, regulations, business investments, and social and environmental impact globally. In the wake of President-Elect Donald Trump’s win on November 5th, it's crucial to examine how the new administration's plans and the new congressional makeup may impact organizational energy and sustainability strategies for the next several years. Understanding these potential shifts is essential for strategic planning, recognizing that potential changes in policy and stimulus programs could come over time. Read the full article at: perspectives.se.com
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What makes an employee “good” has evolved dramatically over time and is continuing to change rapidly – even in a matter of a few years. Companies have hired people who were perfect for their jobs at the time, but their qualities became obsolete as things evolved. Maybe they couldn’t keep up or just didn’t fit in anymore. Read the full article at: www.testgorilla.com
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Following a sleepy summer, the labor market woke up with the release of the September jobs report from the U.S. Bureau of Labor Statistics (BLS). Reporting strong gains of 242,000, employment growth was widespread across industries. Likewise, Monster job numbers continued to grow with overall active job postings up 4% over the past month. “As we transition from summer to autumn, many sectors, particularly retail and hospitality, ramp up hiring in preparation for the holiday season,” says Monster Economist Giacomo Santangelo. “Significant job gains in food services, healthcare, social assistance, and construction indicate robust demand in these areas.” Read the full article at: hiring.monster.com
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At the time, people were saying that social selling meant the end of cold calling. Now that we have social media we can go on Twitter, Facebook, or LinkedIn, and nobody's going to have to pick up the phone anymore. A few of us, including Jeb Blount, Mike Weinberg, Mark Hunter, Chris Beall, and others, believed that B2B would still need inbound and outbound sales. Read the full article at: www.thesalesblog.com
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As a content marketer, I’m constantly experimenting with new ways to incorporate AI into my workflow — to save me time and energy to focus on what I’m best at. I’ve found a ton of interesting use cases in my research, especially how you can use AI for customer feedback analysis. Read the full article at: blog.hubspot.com
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n today's fast-paced business environment, the role of Human Resources (HR) has evolved beyond traditional administrative functions. HR is now at the forefront of strategic decision-making, driven by data and analytics. Real-time analytics in HR management is transforming the way organizations understand and engage their workforce, making data-driven decisions more accurate and impactful. This shift is essential for organizations aiming to stay competitive and responsive to the ever-changing market dynamics.
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Just like star athletes often struggle to transition to the role of “coach,” a star sales rep can struggle to succeed as a sales manager. As a manager, your success no longer hinges on personal performance. Instead, it hinges on your ability to create a thriving team. At the same time, your responsibilities increase. You now own your team’s sales numbers, productivity, and engagement. For all of these reasons and more, research shows that this transition is both a time of high stress and a pivotal moment in a manager’s career. Read the full article at: www.forbes.com
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Have you been swept up in the Generative AI whirlwind? Although it was unleashed less than 18 months ago, the buzz has been deafening. Now, I imagine nearly every business or HR leader must be involved with Gen AI, at least at some level. But what’s the rush? Well, this is not your typical technology revolution. And I’m not the only person who thinks so. Read the full article at: talentculture.com
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WASHINGTON (AP) — The U.S. economy suffered an unexpected setback in July as hiring fell sharply and the unemployment rate rose for the fourth straight month with raised interest rates taking a toll on businesses and households.
“Things are deteriorating quickly,’’ said Julia Pollak, chief economist at ZipRecruiter. Read the full article at: apnews.com
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Mid-year review: Is private equity getting back on track?
Private equity deal values seem to be rebounding in the past few months, fundraising remains robust and secondaries have entered what could be a golden age. How did PE perform in the first half of 2024, and what can we expect for the rest of the year? Read the full article at: www.moonfare.com
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