The Impact of Supply Chain Disruptions on Business Operations

Many businesses have recently adopted a near capacity supply chain business model, with minimal inventory storage requirements and relying on their extensive supply networks for just-in-time deliveries of supplies. This model can significantly lower storage costs while improving workplace efficiencies and providing quality goods to consumers. However, this supply chain model is prone to disruptions […]

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The Effects of Tax Reform on Business Insurance

The Tax Cuts and Jobs Act made significant modifications to insurance-specific tax rules. These included lowering the corporate tax rate from 35% to 21%, changing foreign derived intangible income rules, and creating a provision that changes how reserves are discounted. Tax policies influence economic decision-making on issues like work, savings, interstate migration, investment and business […]

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Identifying and Mitigating Business Risks

  Identification and mitigation of business risks can save your company both time and money – not to mention stress – from potential disasters. Business risk mitigation strategies allow organizations to prepare for events which might interrupt employee productivity or impact financial results negatively. Businesses should document risks and their impacts as part of the […]

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Workplace Automation: Redefining Job Roles and Skills

Workplace automation can be an incredibly useful tool that reduces human involvement while freeing employees to focus on tasks requiring creativity and ingenuity. Unfortunately, however, workplace automation doesn’t come without its challenges. Employees must be prepared to work alongside automated processes, filling any skills gaps created by automation taking over repetitive tasks. While this requires […]

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Gig Economy – Adapting to a Changing Workforce

Workers increasingly desire independence, flexibility and autonomy from their work environment – gig work can provide one way of accomplishing this goal. Gig workers are freelancers, independent contractors, or contract firm employees hired on an as-needed basis to meet companies’ varying demands for staff. Payment typically occurs via an online platform. Adapting to a Changing […]

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