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Is your small business making enough profit?

Asamby Consulting

Is your small business making enough profit? To make it worthwhile, the business needs to be profitable. How much profit should a small business make? Profit is the difference between the money your business earns, your revenue, and the money your business spends, your expenses. What is profit?

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Business Ecosystems: Building Stronger Connections

Tom Spencer

By creating an ecosystem, a business can funnel start-ups and small businesses to its core service, and create a one-stop-shop experience. If you are an iPhone user, can you imagine moving to a mobile phone than runs on an Android operating system? Getting used to the new operating system would take weeks.

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How Future-Proof Are Your Leadership Skills?

Organizational Talent Consulting

Leaders need employees that go beyond what is expected in ways that contribute to the organization’s results and make the communities where they operate better. According to a study by McKinsey & Company, it is projected that by 2030, the time spent during a workweek on information technology and programming tasks will increase the most.

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How Companies Are Benefiting from “Lite” Artificial Intelligence

Harvard Business

Even in this new information age, not everything requires the razzle-dazzle of AI. These include improving data-mining operations, helping with training, and making structured, repeatable tasks and processes far more efficient and less costly. The cost of simply expanding the call centers was prohibitive.

Company 28
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The Promise of Blockchain Is a World Without Middlemen

Harvard Business

Any transformation which helps small businesses compete with giants will have major global effects. Normally, transaction costs and other sources of friction associated with having more vendors keeps the number of partners in a value network small.

Banking 37