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Showing posts from April, 2021

Biggest Risks in Return to Offices: Harvard Remote Work Guru

Like it or not, more employees are going back to work. With roughly 130 million Americans now having received at least one vaccine shot as of Sunday — about half of U.S. adults — the forced Covid-19 work-from-home experiment is coming nearer to an end. What results on the other side of it, though — a return to a traditional office-first model, hybrid employment, or permanent WFH — will depend on an employer's specific cost-benefit analysis of factors including company culture, and talent and productivity to be gained or lost. Already, major employers across sectors of the economy are choosing distinctly different paths forward. Among West Coast technology giants, Microsoft has been clear on a liberal WFH policy since October 2020. Google, meanwhile, is limiting employees to a maximum of 14 days WFH annually without manager approval. On Wall Street, Goldman Sachs' CEO called WFH an "aberration," and JPMorgan Chase CEO Jamie Dimon expects "many" emplo...

Three Popular Remote Work Myths To Leave Behind In 2021

By Josh Kohlbach, CEO and founder of Rymera Web Co, the makers of Wholesale Suite, the No. 1 WooCommerce wholesale solution. Gone are the days when you might think that remote work is not a real thing. The pandemic has very much proved that it's possible to get your work done with equal efficiency even without stepping into your office every day. A survey conducted by PWC shows that remote working during the pandemic has been an overwhelming success for both employees and employers.  Another report published by BBC after surveying 4,700 knowledge workers found that the majority of these workers don't want to return to the old way of working. And 72% of these workers said that they wanted a hybrid remote-office model in the post-Covid-19 world. All of this is a clear indication that there'll be a massive shift in the way companies will operate and their employees will work in the post-pandemic era. So it's about time that you prepare yourself to start lookin...

Best Machine Learning Software in 2021

Machine learning, one of the driving components of artificial intelligence, has emerged as a leading factor in digital business transformation. As enterprises seek to harness the oceans of data and processes generated in this digitization shift, AI and machine learning have become valuable tools that allow companies to leverage that data to make insights and predictions that lead to calculated decision making.  As the adoption of AI in enterprises continues to grow, organizations have begun to see the value in establishing data science and analytics teams to elevate and expand the use of machine learning throughout the enterprise.  What is Machine Learning? A foundational factor in AI, machine learning is a type of data analysis that uses algorithms to identify patterns that allow systems and software to learn and predict outcomes without any programming.  Also, known as predictive analytics, machine learning is at work every time we scroll through recommendations...

Learn to Think Like an Entrepreneur

Published: Tues., March 23, 2021 If someone were to ask you to describe an entrepreneur, you’d probably think of someone in a suit making high-stakes deals, or a tech guru in Silicon Valley developing the latest app and getting it out on the street. Or maybe you stayed closer to home and thought of the University of Nebraska–Lincoln students who founded the wildly successful sports start-up, Hudl. You probably didn’t think of a scientist in a lab coat, someone writing a grant proposal, or a teacher working with undergraduates. That’s because we tend to think of academics as solitary thinkers who are tucked away at the bench or in the library, working long hours on a small part of a problem. This imaginary academic discovers information that other people apply to solving real-world problems. You may think that you have to choose to be one or the other, when you can take some of the positive characteristics of the entrepreneur and apply them to being a graduate student. Successf...

How to Think Like a Successful Entrepreneur

March 22, 2021 5 min read  Opinions expressed by Entrepreneur contributors are their own. Entrepreneurship is about treading new ground. It is about taking a step no one has taken before, at least not in that same way or in the same place. So it should not be surprising that much of the scholarly literature on entrepreneurship, since Richard Cantillon in the early 1700s, has focused on entrepreneurship as uncertainty-bearing. Although “bearing uncertainty” might be what entrepreneurs do in the economy from a theorist’s point of view, it is not — and should not be — the rationale for starting a business. After all, uncertainty means the outcome is unknown, which, in turn, means it could end up ugly. In other words, uncertainty is a cost — it is a burden on the entrepreneur’s shoulders. Entrepreneurs are right to attempt to avoid the uncertainty. The fact is that theorists have it both right and wrong. Yes, entrepreneurs bear uncertainty because they are the ones getting the...

Aspiring Entrepreneurs: Five Tips For Finance Management In Life And Business

CEO and Founder of QA Madness, overseeing tech startups and seasoned players` business processes and software quality assurance globally. Recently, I discussed smart spending with my team. This conversation reminded me, once again, that taking care of your personal budget and taking care of your company's finances aren't much different. The contexts and figures vary, but the guiding principles are the same. Even though I'm not an accountant or financial advisor, my experience founding and running a software testing company has taught me valuable financial lessons that I believe could also help aspiring entrepreneurs: 1. Record your expenses. For personal matters, you can use a money management app. Be disciplined, and keep track of every single purchase you make. Create plenty of categories and subcategories to get a clear picture. Seeing a clear picture will make it much easier to plan the monthly budget in the future. It is equally important to record business ...