Month: November 2017

Spooked: How CEOs Are Handling Their Cash Differently

By Russ Banham Chief Executive Nearly a decade of bullish business has brought surging employment, resilient stock market indices and swelling consumer confidence. It also has created an unfamiliar issue for many CEOs: What to do with all that cash? “There’s no shortage of money for CEOs,” says CEO Jeff Pedowitz of consulting firm The… Read more »

Smoothing the Claims Process

Centuries-old claims management processes are undergoing rapid transformation, as dozens of startup insurance technology firms drum up a resounding variety of process enhancements to reduce carrier costs, improve insurer-client relations, and generate higher customer satisfaction and retention. “People expect instant service,” said Robert Hartwig, an associate professor of finance at the University of South Carolina’s… Read more »

Why Treating Your Contractors Like Permanent Hires Will Help Your Business

By Russ Banham Forbes Rapid growth in the contingent workforce — a category comprising a wide range of nonsalaried, freelance specialists and independent contractors — is compelling many businesses to rethink how to integrate these individuals into company culture. Motivating them may be enlightened self-interest. “Oftentimes, nonsalaried employees — like contract workers — are treated… Read more »

For Small And Midsize Businesses, What Good Is The Internet Of Things?

By Russ Banham Forbes The internet of things (IoT) was big for many large enterprises in 2016, but only 18 percent of small companies and 13 percent of those in the middle ranks identified it as a top-three priority. With projections that the IoT market will reach $3.7 billion in 2020, up from $900 million in 2015, and… Read more »