Improving Business Competitiveness
No one starts a business believing it can’t compete in the marketplace. Making a business competitive, however, is not as easy as many people think. Even well-established businesses constantly struggle to remain
In this blog, we discuss cognitive computing and other technologies with a focus on supply chain management and innovation. Other topics of discussion include digital enterprise transformation, marketing, the Internet of Things, and smart cities. Our goal is to advance the public discussion about how cognitive computing and other advanced technologies affect the world in which we live.
Bradd C. Hayes is the active editor of this blog.
No one starts a business believing it can’t compete in the marketplace. Making a business competitive, however, is not as easy as many people think. Even well-established businesses constantly struggle to remain
There was a time when character in politics and business mattered. A time when trying to do the right thing was admired more than partisanship or ideological purity. In today’s vernacular, this
Since the advent of e-commerce, many consumers have turned to online reviews to judge value of products in which they are interested. When the system works as intended, consumers can learn from
Both business leaders and consumers are expressing concern, if not outright pessimism, about the future. These brooding feelings are the result of many interlocking factors that have lowered economic growth estimates and
There are a number of things that can cause an inflationary economy. Financial writer Emma Kerr (@emmarkerr) explains, “Inflation is caused by factors like pressures on the supply or demand side of
According to the dictionary, a buzzword is “a word or phrase, often an item of jargon, that is fashionable at a particular time or in a particular context.” Unfortunately, buzzwords generally get
How important is customer loyalty? Business consultant Jeffrey Gitomer (@gitomer) insists, “Customer satisfaction is worthless. Customer loyalty is priceless.”[1] On the other hand, A.G. Lafley, former CEO of Procter & Gamble, and
“Business intelligence (BI) doesn’t seem like a tech term that requires much introduction,” writes business journalist Kevin Casey (@kevinrcasey). “It doesn’t even sound all that techie: We know what a business is,
Although history, for the most part, advances predictably, occasionally events, like the COVID-19 pandemic, come along to reset history’s course. Some analysts refer to this as a paradigm shift. When such a
Still entangled in the throes of the pandemic, U.S. supply chains face seasonal risks as the hurricane season begins — and it could be a tough season. Chris Dolce (@chrisdolcewx) reports, “The
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