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Inflation: Understanding its Impact on the Economy

Tom Spencer

For example, the Federal Reserve aims to achieve 2% inflation as an ideal benchmark to avoid its counterpart, deflation. Low-income groups often struggle to make ends meet , and rising prices can cause them to experience financial distress and force them to make difficult choices between competing necessities like food, rent, and education.

Policies 147
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Now Is the Perfect Time to Raise Your Consulting Billing Rate

Successful Independent Consulting

Do some market-rate benchmarking to learn what other consultants are charging, or what clients are paying. Subject: New rate policy for 2019 or Kicking off 2021: Upcoming Changes Dear Joe, As a crazy 2020 comes to a close, I’ve been reviewing the books, client load, and bandwidth to clarify my business goals for next year.

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10 Crucial Business Lessons

Chad Barr

As 2020 is coming to a close and as I was reviewing this year’s lessons, I’ve come to realize the following crucial business lessons: Setting one goal a month will generate 12 of them a year. Measuring everything we do is the prime benchmark to our progress and where we might need calibration and adjustment.

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5 Levers for Creating a Culture of Accountability

Organizational Talent Consulting

A recent CEO benchmarking report found that nearly one in five CEOs surveyed identified holding others accountable as their greatest weakness and almost as many struggled with letting go of underperformers. Idea: Develop meaningful relationships with your team members. It doesn't just happen. Why employee accountability matters.

Culture 59
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Do you think culture and collaboration require an office? Think Again

Brimstone Consulting

Challenging biases, Cross and Gray’s research shows that information sharing, project coordination, and decision-making are effective when done remotely, while in-person interactions are best used for development growth or to generate energy. Collaboration; how, not where. Research by Ethan S. Rather, culture is nurtured within people.”.

Culture 97
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Wearable Technology in Healthcare

Tom Spencer

billion by 2020. What makes this developing market so dynamic is the wide array of medical wearables, from implantable devices to ingestible ones, that have the potential to track all kinds of patient data including drug adherence. Offers include things like gift cards and small cash payments for meeting certain daily fitness goals.

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Customer intent is a treasure trove of actionable data hiding in plain sight

1 to 1

According to IDC analysts, businesses were estimated to have spent $215 billion in 2021 on big data and business analytics solutions, a 10% increase over 2020. These insights can help companies better train their customer support teams and ensure they’re equipped with the right information to meet customer needs.

Data 29