Remove Insurance Remove Meeting Remove Productivity Remove Sales
article thumbnail

The Transformative Power of AI in Business

Tom Spencer

These systems can suggest relevant products that customers are likely to enjoy. For example, businesses like Netflix, Youtube, Amazon, and Airbnb use AI-powered recommendation systems to suggest movies, videos, products, and rental properties based on a user’s browsing history, past purchases, and revealed preferences based on past behavior.

Data 147
article thumbnail

Wealth Management 101: The Hidden World of Private Banking

Tom Spencer

The financial services industry comprises firms that operate across a range of sectors: Asset & Wealth Management, Banking & Capital Markets, and Insurance. In simple terms, asset management firms are the ‘manufacturers’ of investment products (e.g., clients can purchase iShares on the RBC Wealth platform).

Banking 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Your Sales Training Is Probably Lackluster. Here’s How to Fix It

Harvard Business

Yet, when it comes to equipping sales teams with relevant knowledge and skills, the ROI of sales training is disappointing. As alarming as those numbers are, they shouldn’t come as a surprise if you consider how sales training is usually conducted. Here are some ways to incorporate better technology into training: Before.

Sales 31
article thumbnail

Meet "OSHbot" Lowes New Store Helper; Goodbye Retail Associates, Hello Robots

MishTalk

Meet "OSHbot" OSHbot is the newest member of the " Fellow Robots " family, and developed in partnership with Lowes Innovation Labs. After scanning and identifying the object, OSHbot will provide product information to the customer and guide them to its location on store shelves. OSHbot Specs Front Screen: 19.5 It''s well worth a play.

Retail 78
article thumbnail

Wells Fargo and the Slippery Slope of Sales Incentives

Harvard Business

The CEO of Wells Fargo, John Stumpf, apologized in front of a congressional panel Tuesday , saying in a statement , “I accept full responsibility for all unethical sales practices.” ” That speaks to why they did this in the first place: To meet sales quotas and earn incentives.

Sales 28
article thumbnail

Anyone Can Succeed - Celebrating 15 Years of Consulting Success with Dan Weedin

Consulting Matters

Dan Weedin is an author, speaker, consultant, coach, podcaster and founder of Toro Consulting , a firm that specializes in small business growth, particularly in the insurance/risk business. Dan Weedin: Well I'd been an insurance broker for pretty much all of my career. So I had been selling insurance but then I started thinking.

article thumbnail

8 Reasons that May Cause You to Loose Customers

Tom Spencer

Successful startups grow by building a product or service that meets the needs of customers. Gyms and insurance companies are particularly notorious for this. A good example would be a sales person providing inaccurate information to the customer just to make that sale. Shifting employee attitudes.

Banking 88