As Prices Skyrocket, What Is the Future of Bitcoin?

The concept of Bitcoins is as controversial as it is confusing for many. While numerous individuals do not understand the virtual currency, it is gaining attention for its exorbitant worth. By current measures, one Bitcoin is worth $8528. What makes Bitcoins so confusing is there is not an easy conversion into standard currency. This is

Read More...

How Do These 7 Types of Efficiency Influence Your Business Model?

Business efficiency is a way to quantify how well a business converts assets, labor, and resources into products, services, and profits. To put it another way, it is the antithesis of waste. However, when company leadership discusses improving business efficiency, there is more to it than reducing waste. In fact, there are several types of

Read More...

Is Selling Public Water for Profit Worth the Risk?

Cities across the nation are dealing with a water problem. With each passing day, aging pipes comes closer to failing. Many cities operate with pipes that are 40 to 80 years old and replacing them comes at a cost not everyone can afford. The Midwest, in particular, is suffering from chronic budget problems. Lake Station,

Read More...

Increasing Manufacturing Productivity

Improving productivity is a long-standing struggle within the manufacturing industry. While there are several factors that contribute to the problem, one strategy can make major improvements. The manufacturing industry suffers from a decided lack of diversity. Despite efforts to recruit women and minorities, statistics from 1995 versus 2015 show little change. In fact, there are

Read More...

Are Nonprofits on the Funding Chopping Block?

If nonprofit organizations want to protect their resources and have their issues prioritized, they need to show up, be visible, and be vocal. No one can protect nonprofit organizations better than their leaders. Failing to attend meetings or to engage elected local and state officials is a sure way to see nonprofit interests crumble. Nonprofit

Read More...

How to Unlock Analytics’ Potential to Encourage Innovation

With the amount of money companies invest in analytics, it’s surprising how few have leveraged this data to innovate in the past. The recent MIT Sloan Management Review has indicated that analytics usage is on the rise across many market segments. The resulting surge in analytics-driven innovation has many businesses wondering how they can use

Read More...

How to Integrate AI Technology with Your Business

Artificial intelligence is a divisive topic. Some welcome the technology with open arms while others herald it as a harbinger of doom. Reactions tend to be extreme and polarized because the technology is new, unfamiliar, and filled with potential (for better or worse). What is clear, however, is that AI is here to stay. If

Read More...