Tag: profit

The Path to Profit: Small Business Management Strategies

Obet
Many consider the Millennial generation to be highly entrepreneurial. But the gap between Millennial business owners and earlier generations continues to be steep. According to our survey, Baby Boomers (39.63%) and Gen X (47.20%) make up the majority of small business owners. Millennials made up nearly 13 percent (12.92%) of our survey sample. Jay is Managing Partner of the Center on Rural Innovation’s Innovation Funds, which invest in growth businesses located across rural communities in the United States. Prior to joining the Center on Rural Innovation, Jay served as Executive Advisor to the Chairman at Emigrant Bank and led investments…Continue Reading

Maximizing Profit Margins: The Financial Benefits of BI

Obet
While BI tools can provide powerful insights, they can be complicated and intimidating for non-technical staff. Training employees to use these tools effectively and encouraging a data-driven culture within the organization can be difficult. In the restaurant industry, DoorDash uses business intelligence to optimize operations, compare vendor performance, and ultimately make faster decisions. In health care, researchers can find participants for studies while protecting personal identifiable information (PII.) And in finance, asset managers at Blackstone can achieve data democratization. Why AI-driven procurement is the future of business intelligence – Bdaily News Why AI-driven procurement is the future of business intelligence.…Continue Reading