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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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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. Conceptual bases of employee accountability: A psychological approach, perspectives on public management and governance , 3:4, 288–304.

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

Brimstone Consulting

Source: Optimizing Return-to-Office Strategies With Organizational Network Analysis, Sloan Management Review. As Mark Perna, Author, Speaker, and CEO, puts it : “If we’ve learned anything from 2020, it’s that culture is not contained in a physical location. Rather, culture is nurtured within people.”.

Culture 97
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Friday Fusion: July 10, 2020

Tsavo Neal

What does a “management consultant” really do that the company management can not do, other than eliminating workers with impunity? Management consultants are notorious for jargon, corporatespeak, and word salads. He’s an independent management consultant who communicates about what he does with clarity.

Sales 15
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Wearable Technology in Healthcare

Tom Spencer

billion by 2020. The main differentiator is that while consumer fitness trackers can assist individuals in keeping in peak physical condition, medical wearables have the ability to detect life threatening diseases, provide pain relief, manage chronic illnesses, and collect a variety of biometric data. Hurdles to Overcome.

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

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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