Which Types Of Organizations Can Benefit From An AI Chatbot? We’re dubbing 2024 as the “year of the chatbot,” and for good reason. More and more organizations are implementing chatbots to reap benefits like: Up to a 67% increase in sales Conversion rates of up to 70% Up to a 25% increase in revenue UpRead more
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Emerging technologies have the power to improve operational efficiency and increase your bottom line – but only if your workforce willingly adopts them. Beyond selecting a vendor, integrating systems, and other complex technical components involved in the implementation of new emerging technologies, resistance to change often rises to the top of the “barriers to success”Read more
There’s no denying that COVID-19 accelerated the corporate focus on workers’ wellness, and we now know that employee well-being is directly related to the overall health and success of any business. Pragmatically speaking, investing in employee wellness can produce measurable return on investment (ROI) in terms of reduced costs and increased profits, but it canRead more
So far, it is very clear that artificial intelligence (AI) is the most impactful trend of 2023. From breakthroughs in natural language processing to improved adoption of AI by businesses, we’ve seen significant strides at breakneck speeds. No other innovation has the potential to change the way we live and do business like AI does,Read more
Could 2023 be the year we forgo the five-day workweek? Shorter workweeks have been talked about for years, but for the first time, the idea is gaining serious traction in the U.S. Even though the 40-hour workweek has been standard practice for decades, it’s actually a relic from the 1920s when Henry Ford found thatRead more
In 2022, the European Financial Reporting Advisory Group (EFRAG), the U.S. Securities and Exchange Commission (SEC), and the International Sustainability Standards Board (ISSB) drafted proposals for disclosure standards relating to sustainability and/or climate-related issues. The U.S. Securities and Exchange Commission, specifically, is requiring registrants to include information about climate-related risks that will likely have aRead more
Workflow automation and digitization refers to the use of software and other digital technologies to reduce (or eliminate) the number of manual tasks within the workplace. Generally speaking, this aims to boost corporate efficiency in a variety of ways, including: Transferring data between platforms. Sending messages to internal employees. Creating and sending out calendar events.Read more
It appears that 2023 will continue to be a year of growth for gig workers, and the umbrella of gig work keeps growing as well. When we talk about the gig economy, we now include the following types of workers:[1] Freelancers – People who work as writers, graphic designers, performers or the like, selling workRead more
It is probably no surprise to hear that extensive research has predicted that remote and hybrid working arrangements will become standard in the coming years. According to a recent press release put out by Gartner, it’s currently forecasted that 39% of all global knowledge workers will work in some type of hybrid model by theRead more
The unprecedented pace of AI development has taken many people by surprise and has added to a growing unease about this new technology. Fears about the speed of AI development hit a crescendo on March 22nd, 2023, when an open letter signed by tech experts and entrepreneurs, including Elon Musk, urged all AI labs toRead more