A few simple facts about blockchain tell the story of why 88 percent of healthcare providers consider it a viable solution. Some have already begun using the technology. Its decentralized nature protects patient data better while still being able to open records to all who need access. Here’s what it offers in relationship to medical records, prescription disbursement, drug traceability and patient billing.
The new disruptor, blockchain provides applications to virtually every industry. Dive in to learn about blockchain and how it can help your business.
Financial industries and the global economy have experienced an array of ups and downs in the past decade. With some countries losing stability and others building themselves back up, it can quickly become unsettling guessing where the market may be at any given time. With the advent of blockchain and various coins (Bitcoin, Litecoin, and Dogecoin to name a few), the name of the game is changing along with the way we view currency and its overall value.
The rise of social media has drastically shifted the way brands and entrepreneurs interact with loyal followers and consumers. Companies are no longer limited to outdated methods of communication, and instead, have adapted to social media to enhance customer relations while building better reputations for themselves. Understanding how customer-led innovation in the social media age has changed the way business is being conducted is key to finding success in any market or industry today.
Nearly every company goes through some organizational growing pains. One common development, departmental silos, occurs at some point. Successful companies break down a silo, a department that protects its information, keeping it from other departments. Silos cause growth breakdowns, so continued growth requires their eradication.
With a booming tech industry in conjunction with the entrepreneurial spirit, business owners today have a myriad of tools and software available to increase sales and profits while increasing ROI exponentially. Understanding inventory management in the age of big data is essential for any industry looking to get ahead in an ever-increasing competitive marketplace. Implementing inventory management properly with the use of big data is a surefire way to truly resonate with consumers while having the ability to scale any business model regardless of the industry you are working in on looking to represent.
The IoT is an assortment of technologies that are all connected to the Internet, such as smartphones, tablets, televisions, and even some household appliances. Not only does the IoT enhance the usefulness of many devices, but it can also collect data that companies can use to improve customer satisfaction.
Having an Employee Assistance Program (EAP) with any size company is highly advisable, especially as businesses continue to grow and recruits are hired over time. Ensuring employees are motivated, satisfied, engaged, and encouraged is a way to ensure positive possibilities in any industry. Learning how an EAP can help companies grow while boosting workplace morale is essential for any entrepreneur or leader looking to have an impact and make a difference in the business world.
If only every business ran smoothly with no issues, you’d never need to develop problem-solving skills. However, problems do arise, and knowing how to analyze and address them can make the difference in your bottom line. Apply problem-solving and innovations to improve processes to produce more while saving time and money.
The healthcare industry is both exploding and being held back by the onset of technology in all facets of the industry. What are these trends and how are they being implemented to reduce inconsistencies and, in some ways, bring in the potential for more?