The employers’ liability insurance can be just yet another type of business insurance. However, it’s an essential cover for any business. Why so? Because it protects you against any claims your employees might make regarding injuries or illnesses they suffer at work. It covers any compensation you are liable for, together with the legal defense […]
Business
People Analytics: What It Is and Which are the Benefits of Using It
People analytics is a method of analytics that is very helpful for managers and executives. With its help, they can easily make decisions about their workforce or employees. Today we are going to find out more about what people analytics is and why would you need to use it. People Analytics Definition Also called talent […]
6 Steps for Creating a Failure Mode and Effects Analysis
A failure mode and effects analysis, often abbreviated FMEA, refers to a risk management technique that adds to quality assurance processes. In this article, we are going to see a definition of the concept, followed by a step-by-step guide on how to create a failure mode and effects analysis on your own. FMEA Definition The […]
Feasibility Analysis: What It is and How to Conduct One
A feasibility analysis is useful when you want to see how feasible a business, a project, or an idea is. The concept is not a complicated one, and it comes in handy when you want to launch a new project. Today we are going to see a definition of it, together with a step-by-step guide […]
How to Use a Knowledge Management System? Definition and Ideas
A knowledge management system is sometimes confused with business intelligence, which has pretty much the same goal of acquiring data for making business decisions. However, there are a couple of important differences between them. For this reason, today we are going to look at a knowledge management system definition, learn how to use it, and […]