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Supply chain disruptions are causing havoc in the auto industry
Bambi Majumdar ManufacturingThe global semiconductor chip shortage has sent the auto world into a frenzy. The pandemic and stay-at-home lifestyles have created soaring demand for electronic devices, which has increased the demand for semiconductor chips. Semiconductors form the core of an increasing number of electronic devices, large and small. They help power large machines like space shuttles and automobiles as well as everyday devices like cameras, smartphones, vacuum cleaners, and refrigerators. Automobiles have relied heavily on semiconductors since the 1970s.
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Infographic: Fixing the world of disconnected payments in healthcare
Brian Wallace Healthcare AdministrationHealthcare payments can be a big headache for clinics and patients alike. In fact, 25% of unnecessary spending in healthcare goes toward payment processing, totaling $190 billion every year. Patients and clinics alike are unsure of what insurance will cover. As high-deductible health plans grow more popular, uncertainty about out-of-pocket costs is on the rise. This uncertainty can lead patients to ignore bills or even avoid treatment altogether. Learn how technology is streamlining healthcare payments using contactless check-in with this infographic.
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Why the success of earned value management hinges on repeatable processes
Manny Abela Business Management, Services & Risk ManagementProject teams working for national science labs, the Department of Energy and the Department of Defense rely on a project management approach known as earned value management (EVM) to deliver initiatives on time and on budget. Too many projects, however, face hefty delays in reporting and certification and struggle to onboard new team members due to the extraordinarily complex methods used to deploy EVM — methods that vary with each project. Instead of creating fully custom EVM processes for each project, organizations should standardize EVM and establish repeatable processes that can be used across all projects.
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How the changes in Amazon’s affiliate program impact businesses
Domingo Karsten MarketingAmazon’s affiliate program was first launched to the general public in 1996, making it among the first programs of its kind. Since then, the program has grown to become an important revenue channel for Amazon and millions of marketers, with affiliates promoting more than 350 million products yearly. As with all affiliate programs, the Amazon Associates program has gone through many changes through the years. In 2020, the company announced a set of updates that affected a lot of businesses. In this piece, I’ll discuss what these changes are and the best way to adapt.
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How AI is affecting commercial real estate now and what to expect in near…
Stewart Dunlop Science & TechnologyArtificial intelligence (AI) is a technology that is currently transforming almost all industries, from the IT sector and marketing to agriculture and everything in between. Commercial real estate is not an exception.
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How to achieve customer service excellence with social listening
Victorio Duran III MarketingBusinesses are using social media as part of their marketing strategy more and more, helping build brand awareness and boost sales. Leveraging your social channels has become even more critical as it seems working from home is here to stay. Customers crave engagement and interaction. Since most of our shopping is now done online, you must create a customer experience (CX) that’s personalized and connects to users. Take it a step further and amp up engagement by incorporating social media customer support into your strategy with social listening.
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What’s the BIG Idea? Episode 2: Steve Jurash on leading through crisis
Hank Boyer Business Management, Services & Risk ManagementIn this video, Hank Boyer visits with Steve Jurash, president of the 5,000-plus member Manufacturing Alliance of Philadelphia (MAP). MAP represents several hundred thousand manufacturing employees. In March 2020, Jurash led MAP through an incredibly challenging period of dealing with the COVID-19 crisis, an event that brought manufacturing everywhere to a sudden halt. With several hundred thousand employees' lives affected by his decision-making, Jurash faced one of his most challenging periods of leadership. He shares more than 20 best practices effective leaders use to navigate during periods of crisis.
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How and where to invest in Africa: The next investment frontier
Brian Wallace Business Management, Services & Risk ManagementThe world is changing — innovation is everywhere around the globe, and it’s time to set our sights on a new land of opportunity — Africa. Chances are, you attribute tech unicorns to Silicon Valley, but consider that Africa is on the financial rise. In the year 2019 alone, the five fastest-growing economies in the world were in Africa (Ghana, South Sudan, Rwanda, Ethiopia, and Cote d'Ivoire) — and were expanding at a rate of more than double the worldwide average.
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How to cultivate creativity and innovation in the workplace
Sunny Dhami Business Management, Services & Risk ManagementCreativity is something that many companies and employees strive for in the workplace. It is an opportunity for people to think differently and build skills in various areas. But creativity isn’t always something that comes naturally. It's something that requires teamwork and effort and may even involve a change in thinking altogether. But even with that thought, having creativity as part of a company dynamic is well worth implementing. Because originality leads to innovation. Here are some easy ways you can cultivate creativity and innovation in the workplace.
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Telemedicine post-COVID: How to implement key lessons from the pandemic…
Lisa Mulcahy Healthcare AdministrationAs you no doubt have learned as a healthcare administrator or professional throughout the COVID-19 crisis, telemedicine is hugely beneficial when it comes to quick triage and treatment of patients at a distance. But that's not the only way you can incorporate this universal technology to help your hospital, clinics or office locations run better. New research is outlining fresh ways you can use telemedicine now and in the future to optimize how well your organization runs. Here are three areas you can focus on.
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