Why are benchmarks so important?Coetzee, Nico
Why is customer satisfaction important? What is the purpose of customer satisfaction? Here’s a short answer: if you want to run a customer-centric business, you need to care about customer success. But there are more tangible reasons for the importance of customer satisfaction or the benefits...
Job descriptions are used to describeallthe details of a job. A job advertisement can be used toinspirea candidate to take action. That’s what you want your top candidates to do. Take action and move forward in the hiring process. Kathleen Steffey CEO,Naviga Recruiting & Executive Search I...
Companies recognize that happy, healthy employees are more productive. Herman Miller’s Aeron chair, a benchmark in ergonomic seating, is just one example. A study from theJournal of Safety Researchindicates that ergonomic office interventions can reduce discomfort and improve work performance. Employer...
“That decision is now up to the target-date fund’s managers and fund company.” That can be a problem if the underlying investments within the fund are of unequal quality. While there may be some winners in the bunch, there could also be a mix of mediocre or under-performing ...
It’s good to know what your competitors are up to and what their audience is talking about to make sure you’re up to date on the latest industry news. You can analyze your competitors to set a benchmark for how your brand measures up to other similar brands in your industry. Many ...
Benchmarking Success:Ambitious individuals use the achievements of their peers as benchmarks to strive for, not to invoke jealousy but as inspirational goals. Collaborative Growth:Healthy competition often leads to collaboration, where individuals share knowledge and strategies to help each other improve...
The related initiatives have become imperative in business due to climate change and climate risk. The main difference between these two frameworks for business is ESG is a measured assessment of sustainability using benchmarks and metrics. ESG is particularly important as ESG investing or responsible...
Investment advisors, who are usually paid through fees, are bound to a fiduciary standard that was established in theInvestment Advisers Act of 1940. The act defines what a fiduciary means and stipulates a duty of loyalty and care, which means that the advisor must put the client’s interests...
Both the federal funds rate and interest rates are some of the most important financial indicators in the U.S. The chief distinction is that the federal funds rate sets the range that banks will lend or borrow to each other overnight. Because this impacts borrowing costs and financial conditio...