Recent Articles
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Shifting conditions present challenges for designers
Michael J. Berens Interior Design, Furnishings & FixturesAt the beginning of the third quarter, as many states began to relax restrictions, business appeared to be picking up for interior designers in some sectors and regions of the country. With the recent resurgence in outbreaks of the coronavirus nationwide, however, activity has pulled back somewhat in recent weeks. In addition, delays in manufacturing and purchasing, along with a shortage of skilled tradespeople, have added to designers' challenges.
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Online retailers struggle to keep up
Terri Williams RetailCOVID-19 and a lack of foot traffic have forced many brick-and-mortar stores to file for bankruptcy or liquidation. Neiman Marcus, J.C. Penney, Pier 1 Imports, California Pizza Kitchen, Brooks Brothers, and Ascena Retail are just some of the most recent companies to close stores. Online shopping has exploded, but as a result of increased demand, many online retailers are struggling with sales and support.
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Survey: Bitcoin’s intrinsic properties keep propelling it forward
Tim Fries Business Management, Services & Risk ManagementWhen cryptocurrencies first emerged on the scene, led by Bitcoin in 2009, the FinTech industry was just starting to mature. PayPal was around before that for quite a while, but with a limited country availability, slow withdrawals, and hefty fees. Today, FinTech services such as PayPal, TransferWise, Google Pay, alongside neobanks like Revolut and N26, offer near-instantaneous transfer with very low fees.
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Cross-functional team collaborations: How-to
Ruben Franzen Business Management, Services & Risk ManagementBusinesses have always faced the problem of finding ways to get different departments with different expertise to collaborate. Cross-functional team collaboration can help a business find new ways to solve existing problems and open new avenues of communication. This story plays out worldwide every day; executives, managers, and team members want to collaborate and tap into the company's expertise, but there is no magic wand that makes it happen.
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Have we come to the end of predictive policing?
Bambi Majumdar Law Enforcement, Defense & SecurityLaw enforcement in America is at crossroads. It is under heavy scrutiny for its ongoing brutality, budgeting, systemic racism, and the data-driven prevention tools it deploys. According to experts, the last point is a matter of grave concern because it can exacerbate existing racial and economic biases and quietly erode our constitutional rights.
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LaGuardia shakes its reputation with new development
Matt Falcus Travel, Hospitality & Event ManagementLaGuardia Airport has continued work on its large-scale redevelopment despite the ongoing disruption to travel, with a summer of works culminating in the opening of Terminal B's new concourse. It follows the opening of this terminal's redeveloped Arrivals and Departures hall at the terminal in June. The major redevelopment of the airport started in 2016 with plans to replace the cramped terminals and low ceilings.
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Channel preference: How most want communication content
Mark MacDonald Religious CommunityYour congregation and community consume communication content a certain way (a channel). Over time, it’s become their preference even though they devoured it another way previously. Everyone's changing! Our communication role? Ensure we’re delivering content the way "most" prefer. So, how do most prefer to consume information?
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Marketing and sales alternatives as the COVID-19 crisis continues
Sheilamary Koch MarketingRecently, a couple of business owners contacted me with the issue of how to sell when they can't connect live with prospective customers as the COVID-19 crisis continues. Moving operations online is a good place to start. That's where people are buying. At the same time, there are businesses getting creative with niche, offline and hybrid options that work for their products and customers.
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How to have the difficult conversation when it is needed
Hank Boyer Business Management, Services & Risk ManagementPlanning is your No. 1 strategy when it comes to a difficult conversation. Not all things in life can and should be planned. But if you are the one initiating the difficult conversation, it is essential that you thoroughly plan for the conversation and plan for the things that will likely not go according to your preferred plan. Planning should take place at each of the stages below in order to assure that each stage goes as smoothly as possible.
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Tips for hiring, onboarding and training employees remotely
Michelle Lanter Smith Business Management, Services & Risk ManagementAs COVID-19 continues to spread within the U.S., many employers have successfully shifted to operating remotely. However, some tasks are easier to transition than others. When it comes to hiring, onboarding and training new employees, some HR departments are struggling. Fortunately, there are strategies they can use to move more smoothly to working remotely, while improving the outcomes of these essential HR tasks.