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Global data suggests that improving key ESG and CSR metrics can remove a barrier to finding talent LONDON, Feb. 7, 2023 /PRNewswire/ — Unit4 , a leader in enterprise cloud applications for mid-market services organizations, today announced the Environmental, Social and Governance (ESG)-focused findings of its second annual Business Future Index. The survey found that acceleration of business transformation drove major improvements in ESG over the two years since the start of the COVID-19 pandemic, but much work remains to be done. Unit4 commissioned a survey of 3,450 respondents across 12 global markets to gain insight into how the acceleration of people, policy and technology changes over the past 12 months have affected business operations, including ESG results, which are a key metric for modern organizations. As companies compete for top talent, progress on ESG initiatives and corporate social responsibility (CSR) can remove barriers to recruiting and retention. Key Findings Sustainability has improved: 24% of respondents reported their organization was doing very well in meeting sustainability goals in 2022, a significant improvement over the 19% who reported that in 2021 ESG performance is stronger: 69% of organizations say they’re in a better position now to meet ESG and CSR […]

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Missouri State’s College of Business programs jumped up in the most recent ranking released by U.S. News & World Report, the university announced Monday. The university’s online bachelor’s degrees in business ranked No. 51 in the nation in 2022. They jumped to No. 32 in the 2023 listing. “We have many improvement programs in place to ensure that we are offering industry relevant courses and programs, as well as providing our students with excellent value,” said Elizabeth Rozell, associate dean of the College of Business, in a release. “That’s what enables our students to be workforce ready.” The U.S. News & World Report provides an annual ranking to help prospective students research programs. The programs are evaluated based on academic offerings, course delivery, support systems and affordability. The ranking methods emphasize value and opportunities for students to connect with their peers and instructors. It also considers: Student support services and technology. Credentials and training of faculty and staff. Expert opinions from high-ranking academic officials. "We pride ourselves on the caliber of faculty, curriculum, facilities and students within COB,” Rozell said. “We work to add more and more online opportunities each year to provide our students with increased flexibility.” MSU’s […]

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BNP Paribas is seen in this illustration taken, May 1, 2022. REUTERS/Dado Ruvic/Illustration Q4 sales from bonds, currency and commodities trades up 45% Bank raises 2025 targets, plans 5 bln-euro shares buyback Q4 net profit down 6.7%, dragged down by higher costs Shares up by more than 2% PARIS, Feb 7 (Reuters) – BNP Paribas’ trading business drove the French bank’s sales growth in the fourth quarter, underpinning Chief Executive Jean-Laurent Bonnafe’s expansion strategy as Wall Street peers show signs of retreat in the field. Global markets revenue jumped by about 24% in October-December, the euro zone’s biggest bank said on Tuesday, fuelled by a 45% leap in revenue from trading in commodity derivatives, rates, foreign exchange and emerging markets. BNP’s 45% sales growth in FICC trading (fixed income, commodities, currencies) compared with 25% growth at peers, analysts at Barclays said. With Bonnafe at its helm for over a decade, BNP has been growing securities trading, in part taking advantage of rivals’ retrenchment as Wall Street firms from Goldman Sachs (GS.N) to Morgan Stanley (MS.N) axe jobs amid a slump in dealmaking. Revenue at BNP’s trading and securities services branch CIB rose 15.7% in 2022, making it the biggest […]

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After a year of 29% increase in revenue per available room, a metric used to measure the financial performance of hotels, hospitality investors have raised funds and are ready to transact. Yet, the bid-ask spread remains wide still, according to Brian Nordahl , executive vice president of CBRE Hotels. Nordahl – a 30-year-plus veteran in hospitality operations, consulting, and investments that recently joined the commercial real estate services and investment firm – believes the hospitality industry in Dallas will perform “stronger than the national average.” Despite the rising costs of inflation and the emergence of new shared accommodations options, Nordahl believes the industry will have a strong second half of the year if a pause in interest rates rising occurs. With the main drivers of demand for hospitality being business travel, personal travel and meeting and group travel, the industry as a whole has almost got it figured out, according to Nordahl. The 29% increase in RevPAR in 2022 is mainly due to increased demand from personal, meeting and group travel. The remote working side also opened up a new array of customer segments for the hospitality industry. For instance, hotels converted rooms into private offices and larger conference […]

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By E.J. Kenney, Senior Vice President and Global Head of Consumer Products and Life Sciences, SAP Signs of economic stagnation top the list of concerns for most midsize business leaders across the consumer products industry. From inflationary pressures on operational costs and pricing to monetary policies that result in high interest rates, they are competing in a unique environment of opposing forces: exuberant demand tempered by caution in the face of a potential downturn. Even though no one can accurately predict how the economy will pan out over the next 6 to 18 months, consumers are already changing their buying behaviors. They are quickly pivoting their attention to more value-based labels and retailers that allow them to buy more products at lower unit costs. And in some cases, they are modifying their overall consumption. According to research from the SAP Insights center , this widely observed consumer behavior is no aberration. Approximately half of surveyed midsize consumer products companies rank their fear of economic stagnation ahead of worries such as global shortages in natural resources, employment and livelihood crises, and widespread distrust and misinformation. Breaking down patterns with digital fluidity Each long-term risk influences how consumers choose between being […]

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Getty Building a successful business requires a lot of hard work, dedication and strategic planning. One of the most important aspects to focus on is marketing and branding your business so it stands out in the marketplace. Creating an effective brand strategy is essential for building long-term relationships with customers, increasing customer loyalty and ensuring your business’ longevity. 1. Create an effective branding strategy. The first step to creating a successful brand strategy is to develop a unique and recognizable brand identity. Make sure your brand identity conveys the values and mission of your company in a memorable way. This will help to differentiate you from competitors and create a lasting impression on potential customers. The more memorable and identifiable your brand identity is, the more likely customers will be able to recall it easily when they need a product or service. You can achieve this by creating a logo, color scheme and slogan that are unique to your business and will help you stand out from the crowd. 2. Develop relationships with reporters. The second step is to build relationships with reporters so that you have more of an opportunity for them to cover your business in the […]

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TEMPE, Ariz., Feb. 7, 2023 /PRNewswire/ — Economic activity in the hospital subsector grew in January for the 32nd consecutive month, say the nation’s hospital supply executives in the latest Hospital ISM ® Report On Business ® . The report was issued today by Nancy LeMaster, MBA, Chair of the Institute for Supply Management ® (ISM ® ) Hospital Business Survey Committee: "The Hospital PMI ® registered 52.5 percent in January, a 4.5-percentage point decrease from the December reading of 57 percent, indicating a 32nd consecutive month of growth. The Business Activity and New Orders indexes decreased compared to December. The Employment Index remained in contraction territory in January. The Case Mix Index registered 56.5 percent, an increase of 4.5 percentage points compared to the December figure of 52 percent. The Days Payable Outstanding Index registered 53 percent, up 1.5 percentage points from the 51.5 percent reported in December. The Technology Spend Index registered 53 percent, a 2.5-percentage point decrease from the December reading of 55.5 percent." LeMaster continues, "In January, Business Survey Committee respondents indicated volumes were high but lower than the previous month. Most indicated that cases of such respiratory illnesses as COVID-19, respiratory syncytial virus (RSV) […]

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MARQUETTE, Mich. (WLUC) – This year’s annual meeting and SBAM business success meeting is happening at NMU’s Northern Center February 16. Every year the group uses the meeting as an opportunity to highlight the work of small businesses across Upper Michigan, as well as provide resources and information for small business owners and entrepreneurs. Rich Tegge with OAUP stopped by the TV6 Morning News to chat with Elizabeth and Pavlina about this year’s event. To register for the event or to learn more, click here . Copyright 2023 WLUC. All rights reserved.

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Employers, struggling to fill hourly wage jobs in construction, restaurants and other services, are offering higher pay and better working conditions to people coming to the U.S. to work; ‘The scarcity is huge’ Lenin Cálix, from Ecuador, said migrant construction laborers in the Washington, D.C., area made on average $120 a day before the pandemic but now make about $200 a day. Alicia Vera for The Wall Street Journal Migrants who come to the U.S. to find work are now being hired more quickly, at higher pay and under better working conditions than at any time in recent memory. In many cases, employers and economists say, migrant workers are being paid as well as their American counterparts. Job vacancies in the U.S. increased to 11 million at the end of December , according to the Labor Department. While the tightness appears to be easing in the white-collar job market , employers say finding hourly wage workers remains a challenge. Unemployment hit 3.4% in January , the lowest rate in 53 years. Many small businesses say they are unable to hire enough native-born and naturalized workers and are paying a premium for migrant workers. Continue reading your article with a […]

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Insurance companies need to highlight the diverse and exciting roles and opportunities for growth within the industry if they want to weather a tough job market that has the potential to persist for the next few years. The issue boils down to a branding problem, according to Jason Grant (pictured), VP head talent acquisition & HR technology at CNA Insurance. “Historically, we’ve not done a great job of branding insurance as an industry of choice ,” Grant said. “As a result, there’s a misconception among job seekers around the opportunities within the insurance industry.” The main misconception that jobseekers typically have about insurance is that it’s limited to sales work. But the VP argues this simply isn’t true anymore. “Given the vast product lines that comprise the insurance industry, there is a wide range of career opportunities for individuals that are interested in technology, finance, data analytics, human resources, or legal – and I didn’t even begin to touch on careers that are more typically associated with the industry, such as claim underwriting actuary and risk control,” said Grant. “Everywhere you look what you’re going to see is insurance hard at work, whether that be at a construction site, […]

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