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There’s no denying that the COVID-19 pandemic has changed the way we conduct our daily lives. It has also impacted the operations of businesses today and well into the future. Whether it be the adoption of new technologies to accommodate a remote workforce or the implementation of different sales strategies to address new buying patterns, it’s clear that businesses will need to become more agile...
If your company exports products or participates in international trade, compliance with governing regulations is critical. Notwithstanding the reasons for regulation (i.e., national security, balance of trade, multinational agreements, etc.), lapses in compliance rigor can result in extremely costly fines and penalties; costs that require bottom-line dollars to replace. In terms of compliance,...
Ever been paralyzed by too many options in the cereal aisle? We want choices, but the more choices we have, the longer it takes us to process these choices. You can spend a ridiculously long time selecting a breakfast item, which is not a critical life decision. Hick’s Law explains this experience. The more stimuli (or choices) a person faces, the longer it takes to make a decision.Grocery...