Contract management is a top concern for today’s businesses. As McKinsey & Company revealed, less-than-satisfactory contract terms and conditions combined with ineffective contract management can erode value in sourcing equal to 9% of annual revenues. To combat the challenge of contract management, many businesses are...
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Well first, let’s discuss what staff augmentation even is. There are many different technical definitions out there but to sum it up, I will refer to how Biznet puts it, “hiring a contractor instead of a permanent employee for skills and knowledge assistance”. So...
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Considering that the average attention span is 8 seconds, it’s no wonder that microlearning is becoming a popular way for businesses to train (or retrain) users. Because microlearning segments are generally three minutes or less and presented at a carefully spaced cadence, users can more...
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Microlearning is a way to deliver informative content that is more likely to be viewed because it is provided in bite-sized pieces rather than in a traditional long-form content. These short and concise pieces focus on a single learning objective. This strategy is taking over...
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Millennials, long referred to as the nation’s avocado-toast eaters and destroyers of various markets, are going to have a new collective title soon: America’s business leaders. That’s right—the oldest millennials in 2019 are 38 years old, which is a prime age for fledgling leaders. By...
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With all the buzz around Artificial Intelligence (AI)-driven technologies for autonomous vehicles, chat bots, translation engines, drones, and robots, it’s easy to forget that AI technologies have strong potential in the document management space. However, for professionals who draft, manage, negotiate, and review contracts and...
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