Drive-in movie theaters have suffered over the years due to the rise of television and other challenges. But the Boulevard Drive-In theater in Kansas City, Kan., is attracting large crowds, due partly to a technological upgrade in 2012 that made it the first drive-in with 4K-resolution digital projection.
Hiring managers should ask job candidates what their dream job would be, says LinkedIn CEO Jeff Weiner. This question provides a clearer picture of who the job candidate is and provides an indication of whether the position is a good fit for the candidate, he says.
Retailers can succeed on Amazon if they monitor the quickly changing consumer landscape there and consistently put their customers first. Try to make sure your products are hard to imitate while delivering high quality to ensure positive customer reviews, writes Shama Hyder.
Try to find a gap in your customers' current results and desired outcomes to uncover needs your product can address, suggests Alana Gaddis. Make sure to consider whether existing products can be modified to fit specific customer needs, Gaddis writes.
Sales departments that lack a defined sales process should immediately commit to a step-by-step procedure that keeps buyers moving through the funnel, writes Melissa Moss. Make sure your department is investing in talent through ongoing training and coaching, adds Moss.
Positive financial results for major businesses such as Walmart and Cisco show the broad-based strength of the US economy, writes Tae Kim. Walmart increased domestic same-store sales growth by 4.5% in the second quarter, while Cisco revealed 11% growth in its enterprise business and 9% growth in its commercial business during the company's fiscal fourth quarter.
Machine learning has made it possible to deconstruct sales conversations to determine repeatable, effective sales processes. For instance, machine learning can help determine how specific phrases or call lengths affect the likelihood of making a sale, writes Amit Bendov.
Technology is a key part of the business model at Orangetheory Fitness, with chief financial officer Tim Tanguay noting that the company's "biggest differentiator is how we have used technology to gamify the workout experience." In this interview, Tanguay discusses using technology to improve the experience of both franchisees and gym visitors.
Thinking like a child can often be a benefit to business owners, writes Gary Findley, CEO of Restoration1. Findley notes the virtues of being willing to learn new things, being prepared, embracing change and injecting some fun into the workplace.
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