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In the Acceleration Economy Cloud Wars Top 10 CEO Outlook 2023 series, Bob Evans interviewed Frank Slootman , CEO of Snowflake . The company ranks #9 on the Cloud Wars Top 10 . In this CEO Outlook moment, Slootman discusses the shifting balance from IT to the line of business and the impact this will have. Highlights 00:10 — “They [customers] care about their problems, not ours,” Slootman notes, emphasizing how important it is to “speak their language” and understand their challenges and their opportunities. 00:51 — The balance is shifting from IT to business. Slootman points out that they’re working with IT departments less and with the line of business more, as the line of business has become more technically savvy. 01:18 — Both IT and business have important roles to play. However, there’s a balanced mix of business interests and IT interests, which Slootman considers to be “very healthy.” With this balance, companies like Snowflake need to “rerack themselves” and define why they are organized by line of business. 01:42 — A salesperson can’t be an expert at all things, Slootman explains. For instance, a salesperson would only be focused on public sector organizations or only focused […]

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Emma Banks, UAH Lancer; Dr. Jason Greene, UAH Dean of the College of Business; Ken Watson, Bryant Bank President; Dr. Charles L. Karr, UAH President; Mallie Hale, UAH Vice President for University Advancement and Executive Director of UAH Foundation; Dr. Helen Lien, UAH Senior Development Officer; Maggie Maxime, UAH Lancer. The University of Alabama in Huntsville (UAH), a part of The University of Alabama System, announced that Bryant Bank has made a $100K gift to the UAH College of Business (COB). This gift marks the second installment of a $1.5 million commitment to the College, one of the largest gifts ever made to the COB. This disbursement will be followed by an additional 13 annual payments in the same amount through 2035. “We are incredibly grateful to Ken Watson and the Bryant Bank team for their leadership in building a bright future for our community and their continued commitment to helping UAH students thrive,” says Dr. Jason Greene, Dean of the UAH COB. “They are an outstanding partner with us in our mission to launch the careers of our students.” This continuing pledge will go to support the Bryant Bank UAH Business Scholarships, a non-endowed fund designed to benefit […]

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The rise of the marketing and business development function within law firms presents new opportunities for those developing a career in the industry. But how you approach and act upon those opportunities is the key to success. On this episode of the CMO Series, Ali Bone is lucky to welcome Matt Goffe, Director of Business Development at Eckert Seamans, who shares his journey in legal business development and advice for BD professionals See more + Latest Posts Other MultiMedia by Passle

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The logo of Vedanta sits on a newly molded ingot. Photographer: Oliver Bunic/Bloomberg Vedanta Ltd. will sell its international zinc operations to unit Hindustan Zinc Ltd. for $2.98 billion in cash to help consolidate the businesses and pare debt for ultimate parent, Vedanta Resources Ltd. Rajasthan, India-based Hindustan Zinc will buy the assets of THL Zinc Ltd. Mauritius in a phased manner from its parent over a period of about 18 months, subject to regulatory approvals, the Indian miner said in an exchange filing Thursday. The operations of THL include Black Mountain Mining (Pty) Ltd. in South Africa and Skorpion Zinc (Pty) Ltd. in Namibia, it said. “This investment is an attractive opportunity for Hindustan Zinc to grow and increase its foothold overseas and take its brand global,” it said in the filing. “This transaction will improve overall synergies between the businesses, market share gains as well as geographical diversification to a mineral-rich African continent.” The deal is important for Vedanta’s billionaire-owner Anil Agarwal, who is seeking to simplify the corporate structure of his commodities empire and cut Vedanta Resources’ debt after a failed attempt to delist Vedanta Ltd. in 2020. One way for Agarwal to generate cash has […]

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When putting this one thing into your business strategy, it can be a competitive advantage to help redefine your brand’s positioning. Here’s how to do it. Opinions expressed by Entrepreneur contributors are their own. When someone mentions the term user experience (UX) design to you, do you immediately think of screens and interfaces? Well, that’s part of it, but the subject matter goes way deeper than that. Implemented in the right way, it can even be mission-critical for your business. In this potentially shaky economy, growth shouldn’t be your only mission. Consumer-driven value and the underlying goal to solve deep-rooted and complex user problems are what will stick. It will become necessary to identify the users’ needs before stepping into the market — which is where UX design comes in. Whether you are selling digital products, physical products, services, platforms or anything else, ruthlessly focusing on your users (customers and potential customers) is not optional — it’s a necessity. It is the ultimate de-risker of failure and ensures you thrive even in tough times. Getting real about the term UX Before understanding how UX design can supercharge your business, let’s set the stage on terminology. The term UX design […]

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Brad Goode here, with your Goode 4 Business Report. Local tech jobs slashed, Amazon’s charity program ending, and the latest on the stock market.

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getty The emergence of social media has birthed a new generation of entrepreneurs who are utilizing the platforms to build thriving businesses, invest in promising ventures and create new opportunities for themselves and others. These individuals are at the forefront of the digital revolution and are transforming the way we perceive success in the modern business world. Here are a few ways in which people are harnessing the power of social media to achieve financial success. One trend that is driving the rise of social media entrepreneurs is the growing influence of social media influencers. These individuals have amassed large followings on various platforms and are able to use their influence to promote products and services to their followers. Many successful influencers have been able to monetize their social media presence through sponsorships, partnerships and other opportunities, and some have even gone on to launch their own businesses or invest in others. For example, social media personality Logan Paul launched Prime Hydration in 2022, and it is already valued between $150 and $200 million . This showcases the power of strong branding, marketing and the ability to identify and meet consumer demand. Another driving trend is the increasing significance […]

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Connecting with customers, their way Photo by charlesdeluvio on Unsplash Companies around the world are making customer experience (CX) the top priority according to Harvard Business Review Analytical Services (HBRAS). But to do so takes more than lip service. To deliver an experience that customers value, you have to 1) know them, 2) organize around their unique expectations throughout their journey, and 3) serve them personally and in real-time. But companies aren’t there yet, not even close. In fact, HBRAS found that only 16% of CX-driven companies have a single (360-degree) view of customers. Even so, they lack the organizational structure to make use of those insights. It’s one thing to say you’re “customer-centered,” it’s entirely different when your company is literally organized around the customer. As customer expectations and behaviors evolve along with times, trends, tastes, and technologies, CX becomes intrinsic to business success. When you consider how the customer experiences your company, what are the key touch points they face in doing business with you? They usually reside in marketing, commerce, and customer service. Most often, those functions, along with corresponding customer data, operate independently. As a result, the customer’s experience is disconnected by design. That’s never […]

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Photographer: Gabby Jones/Bloomberg Zoom Video Communications Inc. President Greg Tomb said the collaboration software business has held up in the face of widespread layoffs and competition. The video-conferencing company sells software to industries like tech and finance which have been hit by large layoffs . But because most contracts are long-term, the job cuts haven’t hurt Zoom, Tomb said in an interview with Bloomberg in Davos, Switzerland. “It doesn’t mean people don’t fine-tune here or there when they come up for renewal, but it has not been a big impact,” he said. Tomb acknowledged that the large-business segment can be competitive since other vendors offer similar collaboration tools for free. For example, Microsoft Corp.’s Teams, often bundled with common office tools, has been more widely adopted in recent years. “There probably are some situations where companies are trying to be super cost-conscious and they’re willing to provide a — I’ll call it less product in terms of functionality and capability — because it’s free to their employees,” Tomb said. Still, he said, companies using Zoom rarely quit the platform. After gaining millions of users at the height of the pandemic, Zoom is now trying to reverse slowing growth by […]

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NORTHAMPTON, MA / ACCESSWIRE / January 19, 2023 / The adoption of the Kunming-Montréal Global Biodiversity Framework , signed at the UN Biodiversity Conference (COP15) last month, is without doubt a major milestone, committing the world to halting and reversing biodiversity loss by 2030. This encouraging outcome is the result of a hard-won journey, after a two-year delay due to the Covid pandemic. The stakes were (and remain) high, as the biodiversity collapse the word is experiencing is now clearly evidenced. The IPBES Global Assessment Report from 2019 highlighted unprecedented decline in biodiversity resulting from human activities: in just a few decades, over 85% of wetlands and about half of coral reefs have been lost; a third of fish stocks are overexploited; and 32 million hectares of forest in highly biodiverse regions – an area almost twice the size of France – has been destroyed. As UN Secretary-General António Guterres bluntly put it at the start of COP15, "humanity has become a weapon of mass extinction with a million species at risk of disappearing forever." Planting the seeds for restoration The Framework, signed by 196 parties including the EU, sets ambitious goals and targets to start addressing the underlying […]

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