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Artificial intelligence (AI) and machine learning (ML) use cases have multiplied rapidly — from predictive maintenance in manufacturing to enhanced diagnostics in healthcare, from virtual customer service assistants to algorithmic trading and fraud detection in finance. AI is an accelerator for the enterprise. What is artificial intelligence for IT Operations?
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A financial plan paints a comprehensive picture of your current finances, your financial goals and any strategies you've set to achieve those goals. Good financial planning should include details about your cash flow, savings, debt, investments, insurance and any other elements of your financial life. Read the full article at: www.nerdwallet.com
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The future of the hospitality industry is something we all contemplate three years after a global pandemic struck, changing the way we travel and the way we live. We’ve all had to adapt to this new reality, showing that resilience is without a doubt in our DNA. At the heart of this resilience is innovation and technology, which helps us better face these changes and to help us prepare for the future. Read the full article at: www.mews.com
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Customer retention refers to customers who deliberately pay for your products or services more than once over a period of time. A single loyal customer making several purchases over a year is ultimately more influential than several shoppers that buy once and never again. You can rely on the business of a retained customer far more than a new one—if you make the happiness and loyalty of your existing buyers the priority. Read the full article at: www.forbes.com
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On June 29, 2023, the Supreme Court ruled that affirmative action at universities, where race and ethnicity is considered a factor for admission and to create a diverse student body, is unconstitutional under the Equal Protection Clause of the 14th Amendment. This ruling has led to confusion among some American businesses about whether hiring practices are similarly impacted or could be, leading to costly litigation and regulatory burdens. Not to mention, this decision comes at a time when unemployment is at a 50-year low and many businesses are struggling to attract and retain workers. Read the full article at: www.forbes.com
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While many industries focus on making and selling products, hospitality is more concerned with delivering service. A hospitality job is one that involves working in a service-oriented industry, such as tourism, lodging, events, transportation, or food and beverage, and performing tasks that foster a relationship with your company’s customers. Services now comprise a large portion of the US economy, meaning that there’s high demand for hospitality roles at all experience levels. While some entry-level roles, such as server or bartender, tend not to require formal education, more advanced positions, like those in hotel management, have started requiring a college degree. That being said, hospitality can be an excellent industry in which to advance with on-the-job experience. Read the full article at: www.coursera.org
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Picture this: The office is abuzz with the excitement of upcoming holidays, yet you're seated at your desk, surrounded by stacks of evaluation forms and notes. As the year draws to a close, a familiar challenge emerges on the horizon. Read the full article at: www.peoplehum.com
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More than two-thirds of rental owners agree that customer service is their #1 consideration in hiring a property management company to look after their rentals. Another top consideration: reporting and transparency. Rental owners want your company to make consistent, insightful communication a priority—and in a time when competition is steep and owners are highly cost-conscious, it’s crucial in proving your value to your clients.
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Economies move in cycles, and each cycle brings its own challenges and opportunities. In many aspects, the current cycle has shown signs of aging and we are likely in late cycle. As investors debate the chances of growth or recession, we think the journey merits its own consideration. Staying on the sidelines could prove costly, while we believe an active, diversified approach across public and private markets may be the best way to navigate near-term uncertainties and seize late-cycle opportunities.
Read the full article at: www.gsam.com
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There is a financial advisor for every budget and financial situation. Here's a look at the types of financial advisors, and how to choose the right advisor for you. Financial advisors help people manage their money and reach their financial goals. They can provide a range of financial planning services, from money management and budgeting guidance to investment management. Read the full article at: www.nerdwallet.com
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An employee listening strategy enables you to improve the work environment by understanding your employees’ needs, wishes, and concerns. In this article, we’ll dive into the employee listening strategy and all you need to know about developing one. Read the full article at: www.aihr.com
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Inside sales and outside sales are frequently independent activities within an organization that calls for completely distinct skill sets. However, limits can occasionally be crossed over. The greater part of the workday for the field sales team is spent traveling, interacting with customers and prospects in person, and frequently engaging in practical tasks like setting up accounts or product demos. Read the full article at: www.lystloc.com
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With the American Rescue Plan’s two-year anniversary now behind us, this blog post revisits the economic impact of pandemic response policies of the Biden Administration. The economic recovery from the pandemic in the United States has been historic relative to prior episodes with employment recovering to pre-crisis levels much faster than after recent recessions. And while a counterfactual recovery is impossible to observe, data suggests that the actions taken by the Biden Administration meaningfully contributed to the pace of recovery and strength of the labor market. One way to put this rebound in context is relative to recoveries in other advanced economies. Acknowledging that other advanced economies faced different economic shocks—notably, our European partners were more adversely affected by Russia’s war against Ukraine—the evidence shows that the U.S. economic recovery has been quite strong. Read the full article at: home.treasury.gov
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When it comes to a business’s ability to get a hold of necessary resources and materials to keep operations running smoothly, things have become very complicated – despite it being a make-or-break necessity. Numerous platforms and needs, on top of a multi-tiered supply chain, have made origin tracing even more challenging. As a result, training on how to navigate these complexities is a must. Read the full article at: skilldynamics.com
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Here’s what you need to know about robo advisors (also called automated investing) and how it’s different from working with a real-life financial advisor.Investing can feel overwhelming, especially if you’re new to it, are exploring new types of investments, or have complex finances. Working with a financial advisor is one way to invest, as is using an automated investing platform, also known as a robo advisor. But how do the two differ? Read the full article at: www.usbank.com
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The importance of customer feedback and reviews in the hospitality industry
In any type of business you run, retaining customer satisfaction is a major factor to consider for keeping them loyal to the brand. Thus, the importance of customer feedback cannot be emphasized enough for businesses seeking operational excellence. It is all about the data gathered throughout a customer’s interaction with your company, product or service, be it positive or negative customer feedback. The Horeca sector is known to be a customer-centric industry with the main focus of creating the best experiences for the customers to build brand loyalty. It is vital for any business to obtain additional information from existing clients in order to learn how they perceive its services so that decision makers can boost the satisfaction of existing clients and attract new ones. Smart digital solutions like Ring n Bring understand the importance of monitoring live feedback and the critical role that these feedbacks play in hospitality. With its simple and effective approach, Ring n Bring assists organizations in obtaining multiple insights to improve their operations, keeping up with market trends, and recognizing emerging customer behavior patterns that are all relevant Read the full article at: ringnbring.com
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Artificial Intelligence transforms business in the modern era to use data to gain intelligence, such as identifying market opportunities, adapting to changing workforces, and optimizing processes. Every business will begin using Artificial intelligence in 2023 to ease employee work and increase efficiency for effective-efficient work time management. Read the full article at: www.analyticsinsight.net
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You can’t foresee the future — but you can help create it. Explore the report's 17 predictions by theme. It’s a challenging and pivotal time to be a recruiting leader. Between the uncertain economy and new trends reshaping the world of work, you have the opportunity to become a true change-maker at your organization. You’ll have to be strategic, adaptable, and acutely in tune with talent: what candidates want, what skills they possess, and how their careers can grow with your business. Read the full article at: business.linkedin.com
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Picture a workforce wherein abilities are the driving pressure, not static labels. The conventional mildew is shattered, replaced with the aid of a dynamic ethos of increase and edition. HR's position has evolved into that of architects, guiding firms to harness the full capability of skill-based evolution. In this article, we unveil a strategic roadmap for HR luminaries, navigating the complicated path towards a ability-centric organisational paradigm. From meticulous ability checks to fostering a lifestyle of perpetual improvement, our guide is brimming with actionable insights and measurable milestones. Read the full article at: www.linkedin.com
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Blink and you’ve missed it. The workplace just changed again. We are in the middle of a tremendous shift in how (and where) people work. And, with the boomers retiring in droves there’s a shortage of experienced property professionals out there. Believe it or not, you’re in a talent war with your fiercest property competitors for employees. Read the full article at: www.propertyvista.com
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Planning for retirement and growing your wealth is critical to achieving your financial aspirations. Making informed decisions about your money requires careful analysis, expertise, and a comprehensive understanding of the financial landscape. While many individuals choose to navigate their financial journey independently, seeking the guidance of a professional financial advisor can offer unique advantages that may prove invaluable in the long run. One common aspect that most individuals consider is the cost associated with engaging a financial advisor. Working with a financial advisor entails a financial commitment, typically represented by an annual fee of 1% of the assets entrusted to their management. For some, this expense may seem substantial at first glance. However, the value offered by a competent and experienced financial advisor can balance out the associated cost. Read the full article at: www.wiseradvisor.com
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Fee-based financial advisors give clients financial advice for a fee and don't receive commissions on the sales of investment or insurance products. Seeking a professional to help you manage your money is a great step to achieving your financial goals. But not all financial advisors are the same; some may offer varying services — and more importantly, they may have different fee structures. Read the full article at: www.businessinsider.com
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Most people are aware of financial advisors and may even hire one at some point in their lives, but what exactly do financial advisors do? Financial advisors provide advice and guidance on a variety of financial issues you’ll encounter over the course of your life such as investments, retirement planning, insurance and even taxes. Here’s what else you should know about financial advisors including the advantages and disadvantages of using one and when you should consider hiring one. Read the full article at: www.bankrate.com
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We all get stressed at work now and then by a busy day, a looming deadline, or an annoying boss. It’s normally harmless – you get home, glug a glass of wine, inhale a bar of chocolate, and forget about it by the time your head hits the pillow. But when it’s not harmless, it’s a serious problem. Read the full article at: timetastic.co.uk
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It seems there’s no way to derail the American job market. For the 27th consecutive month, the Bureau of Labor Statistics issued a beautiful jobs report for March which, although cooled down from the torrid streak in the months before, was still notably strong. Read the full article at: www.forbes.com
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