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Navigating a Downturn: Strategies for Business Resilience

Tom Spencer

Diversify Revenue Streams One fundamental strategy for business resilience is to diversify revenue streams. Embrace Innovation Innovation can be a game-changer for businesses by simultaneously enabling them to operate more efficiently and open up new revenue streams.

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Our Physical World Has Changed: Augmented Reality in Tourism

Tom Spencer

Augmented reality operates by transforming data and analytics into information and images which are overlaid on the real world. Augmented Reality and Strategy. Trainees with AR assistance are 35% more time efficient than trainees using traditional 2D documentation, and 90% more likely to perform an operation correctly the first time.

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Transforming Governance Through Modern Technology

Tom Spencer

However, by harnessing the power of modern technology, organizations can revolutionize their governance practices, making them more efficient, transparent, and enjoyable for all stakeholders involved. Governance is the backbone of any organization Governance shapes an organization’s strategies, policies, and decision-making processes.

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Why Law Firms Need IT Policies

Kraft Kennedy

The answers to these and hundreds of other questions should be documented and considered integra l to the operations of all organizations, especially in industries where work product and client data are highly sensitive, and highly valuable. Is it acceptable to use your family computer to access your firm’s work product?

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Consulting in South Africa – what to expect

Tom Spencer

Consultants in the rainbow nation have continued to operate efficiently and effectively during the Covid pandemic. They are temporary responses to the pandemic, rather than trends that will become part of normal operations after the COVID pandemic comes to an end. Lack of physical engagement with clients has added challenges.

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The Reason Air Travel Is Terrible and So Few Airlines Are Profitable

Harvard Business

Finally, they would take over the international air travel market. ” Airlines are also pursuing efficiency in ways customers don’t see so easily, such as reducing the number of short-haul flights they offer and centralizing passengers in large airports. Consider the lowest end of the market today: air taxi companies.

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New Technologies in the Insurance Landscape (Part 2 – Blockchain)

Tom Spencer

Insurance industry observers, for their part, believe that the innovative distributed ledger could introduce a variety of improvements and efficiencies to the insurance landscape, and have the following four applications: Fraud detection. He’s also an avid traveller with passion for FinTech, marathon, and blogging. Identity management.