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What is the Professional Services Industry All About?

Progressus

Professional services is an expansive space spanning several industries – consulting firms, software publishers, IT service providers, even manufacturers and distributors that offer post-sale services — each with its own set of challenges, regulations, and opportunities. The point is there’s a ton of variation in this space.

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Use ChatGPT to Boost Your Productivity as a Consultant

Successful Independent Consulting

Why ChatGPT Matters for Independent Consultants As consultants, innovation is our middle name, and staying ahead of the curve is crucial. For us, ChatGPT isn't just another tech gimmick; it's a virtual assistant that can elevate our creativity, enhance productivity, and revolutionize our communications. If not, you should be!

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Top Trends in US Business Startups

Business Consulting Agency

The entrepreneurial landscape in the United States encompasses a vast spectrum of innovative startups spanning various industries, each contributing uniquely to the nation’s economic vibrancy. billion in venture capital funding in 2021, as reported by PitchBook, underscoring its pivotal role in innovation.

Trends 52
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A Survey of 3,000 Executives Reveals How Businesses Succeed with AI

Harvard Business

Investment in AI is growing and is increasingly coming from organizations outside the tech space. And AI success stories are becoming more numerous and diverse, from Amazon reaping operational efficiencies using its AI-powered Kiva warehouse robots, to GE keeping its industrial equipment running by leveraging AI for predictive maintenance.

Survey 40
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It’s High Time Airlines Got Personal

BCG

Thanks to digital innovators such as Amazon and Netflix—not to mention travel industry disruptors such as Uber and Air-bnb—consumers’ expectations are on the rise. In one recent survey, more than 85% of travel consumers said they value personalization. See Travel Innovated: Who Will Own the Customer, BCG Focus, January 2016.)

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The Financial Industry Needs to Start Planning for the Next 50 Years, Not the Next Five

Harvard Business

Despite rapid innovations in data processing and machine learning, many businesses have yet to make the leap from the Industrial Age to the information age, and the gap between technological and organizational progress is widening. Some industries, like photography and media, were impacted earlier. Insight Center.

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Innovation Should Be a Top Priority for Boards. So Why Isn’t It?

Harvard Business

Corporate directors and executives alike recognize that today’s pace of change continues to accelerate and that firms need to innovate to stay ahead. But are boards doing enough to support innovation, as they should? We conducted a survey of over 5,000 board members from around the world to find out. Setting Priorities.