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Productivity News
Medium
4w
200
Image Credit: Medium
How AI is Changing the World – Faster Than You Think!
- AI is becoming more intuitive, scheduling appointments, reminding to water plants, and reordering groceries.
- AI is stepping into creative industries, generating images and assisting in music composition and writing.
- AI is revolutionizing healthcare, diagnosing diseases early and personalizing treatment plans.
- AI is powering autonomous vehicles, allowing cars to drive themselves and freeing up human passengers.
- AI is transforming businesses, making processes faster, smarter, and more efficient.
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12 Likes
Secureerpinc
4w
187
Image Credit: Secureerpinc
Protect Your Business From Invoice Fraud
- Invoice fraud is on the rise, with scams and fraud involving false invoices increasing by 137.5% in 2023.
- Invoice fraud tactics include submitting invoices from fake companies, overcharging, altering invoice details, and sending extra invoices for small amounts.
- To protect against invoice fraud, educate employees about phishing scams, avoid opening attachments or links from unknown senders, and train your accounts payable department to detect fake invoices.
- Implementing AI-driven automated accounts payable tools can help detect fraud by tracking payment processes, matching invoices to purchase orders and receipts, and reducing the potential for human error.
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11 Likes
Minis
4w
27k
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The Theobroma story: Sisters behind ₹3,500 crore bakery eye India’s largest cash exit
- Theobroma, founded in 2004 by sisters Kainaz and Tina Messman, is set for a monumental cash exit with a potential acquisition valued at ₹3,500 crore.
- Starting as a one-room bakery in Mumbai’s Colaba, the duo grew the brand into a 225-outlet national chain, filling a gap in India’s baking scene with European-style desserts.
- Despite early funding challenges, they secured a ₹5 crore loan in 2014, which fueled expansion. Now, ChrysCapital is reportedly finalizing the acquisition, making this one of India’s largest founder cash exits, marking the Messman sisters' remarkable entrepreneurial journey.
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65 Likes
UX Design
4w
334
Image Credit: UX Design
Turning an oil tanker, 21 UX strategies, body language in AR, Figma rollbacks
- Turning an oil tanker, 21 UX strategies, body language in AR, Figma rollbacks
- Just as a tanker cannot make sudden movements without causing disruption, organizations are slow to adapt and change due to their size complexity and established structures.
- Enter the UX Design Awards and reap the benefits →[Sponsored] Make it count! Enter your best work by 15 November 2024:➵ Gain international recognition and showcase your UX excellence.➵ Have your work endorsed by leading industry experts.➵ Earn appreciation and credit for your design teams and people.
- Editor picks: The perfectly beautiful imperfection, Onboarding a complex product, Is your company productwashing?
- Don’t get left behind: Maze’s Disco Conf 2024 is this week — and FREE →[Sponsored] Join us on October 17 to embark on a collective venture into research, design, and discovery with product leaders from Google, LinkedIn, Dropbox, and more.
- Little gems this week: What’s next on Figma’s mind? Redesigning design systems, Body language in AR: Designing socially aware interactions, The user experience of developer tools.
- Tools and resources: 21 UX strategies to maximize engagement without exploitation, Figma scrapes UI3’s floating panels, Setting up UX office hours in your organization.
- Support the newsletter: Check out this week’s sponsor to support their work too, Forward this email to a friend and invite them to subscribe, Sponsor an edition.
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20 Likes
Programesecure
4w
276
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Comprehensive Guide to Performance Metrics for Employees: Measuring Success and Driving Growth
- Performance metrics help organizations assess how well their employees meet their job responsibilities, achieve their goals, and contribute to organizational success. These metrics are data-driven and provide clear insights into employee performance by combining tangible outputs with behavioral assessments.
- Performance metrics serve critical functions such as providing objective criteria to evaluate employee performance, identifying strengths and weaknesses, aligning team efforts with essential objectives, motivating and engaging employees, and identifying high-performing employees.
- There are two types of performance metrics, namely quantitative metrics and qualitative metrics. Quantitative metrics focus on measurable data, while qualitative metrics focus on subjective assessments.
- SMART (Specific, Measurable, Achievable, Relevant, Time-bound) framework is used to set effective employee goals that are clear, actionable, and aligned with the employee’s responsibilities. Furthermore, individual goals must align with overall business objectives to be meaningful.
- There are several performance metrics categories such as productivity metrics, efficiency metrics, quality metrics, and time-based metrics, which measure output, revenue, workload output, work completion rate, cost-to-output ratio, error rate, customer satisfaction scores, time-to-completion, and absenteeism.
- Performance appraisal systems like 360-Degree Feedback, Management by Objectives (MBO), and Key Performance Indicators (KPIs) help in assessing employee performance based on feedback from peers, subordinates, supervisors, and clients, setting clear, measurable objectives collaboratively between managers and employees, and tracking specific metrics used to track critical success factors, respectively.
- Challenges faced in implementing performance metrics include accurately collecting and measuring performance data, personal biases that affect the fairness of performance assessments, and an overemphasis on metrics that may lead to burnout and unethical behavior.
- Modern technology, particularly HRMS and performance management software, enables organizations to track employee performance in real-time, automate evaluation processes, and provide predictive analytics, making it easier to assess performance continuously.
- Employee engagement metrics such as surveys and feedback mechanisms should be incorporated into performance reviews to ensure a holistic evaluation of how motivated and satisfied employees are in their roles.
- Effective performance management should be continuous, transparent, and fair, encouraging employees to develop while driving organizational success.
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16 Likes
Leah’s ProducTea
4w
559
Image Credit: Leah’s ProducTea
How to un-suck your product with experimentation
- Benchmark is a false promise, focus on fixing the issues with experimentation.
- Product and growth management requires experimenting with various ideas.
- Experimentation should be simple and trackable, with easy deployment and analysis.
- Find a good metric to embody the product and track user engagement.
- Learn how to experiment quickly before shipping good experiments.
- To retain users, ask them why they became power users and why they left.
- Differentiate between activation and retention to improve overall experience.
- Create mini-moments to gradually improve activation rate.
- Features attract and retain differently, ensure the core value proposition is retained.
- Setting up a fast cadence to test is more important than finding the next big thing.
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26 Likes
Minis
4w
1.7k
Image Credit: Minis
The Pomodoro Technique; why it works & how to do it
- The Pomodoro Technique is a time management method where you work in focused 25-minute intervals (called pomodoros), followed by a 5-minute break.
- Developed by Francesco Cirillo in the late 1980s, this technique enhances productivity by minimizing distractions and preventing burnout. To maximize its effectiveness, break down complex tasks, combine small tasks, and commit to uninterrupted work during each pomodoro.
- After four sessions, take a longer break of 15-30 minutes. This method not only improves focus and motivation but also helps in tracking time and gamifying productivity, making work feel more manageable and rewarding.
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31 Likes
Minis
4w
1.9k
Image Credit: Minis
Chennai company gifts 28 cars including Mercedes Benz to employees to ‘boost morale’
- Chennai-based company, Team Detailing Solutions, gifted 28 cars and 29 bikes to its employees to boost morale and enhance productivity.
- The vehicles, ranging from Maruti Suzuki to Mercedes Benz, were presented as a token of appreciation for the workers' dedication and performance. Managing Director Sridhar Kannan highlighted the employees’ exceptional commitment, emphasizing that they are the company's greatest assets.
- The company, which has about 180 employees from humble backgrounds, also offers marriage assistance, recently increasing the amount from ₹50,000 to ₹1 lakh. Employees can upgrade vehicles by covering the additional cost themselves.
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23 Likes
Minis
4w
1.7k
Image Credit: Minis
Zero Experience, No Resume": CEO shares hiring approach, urges employers to give people a chance
- Tasleem Ahmed, CEO of a ghostwriting agency, recently shared a unique hiring success story. He hired Laiba Fateh, who had zero experience and no resume, through a creative video application on LinkedIn.
- Six months later, she was promoted to equity partner and now manages all operations. Ahmed emphasized that most skills can be taught and urged employers to prioritize willingness to learn over traditional resumes.
- His post has sparked discussions, with many praising his approach for valuing potential and growth over experience. Ahmed’s story highlights the importance of giving opportunities to those eager to learn.
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27 Likes
StartupDaily
4w
423
Music and work: Here’s what science says about whether it makes you more productive
- Listening to background music while working could either boost your productivity level or make it worse.
- The nature of the task or job determine whether the use of music as entertainment can be detrimental or helpful.
- Listening to upbeat or fast music could help in performing simple tasks such as data entry or manual tasks.
- However, reading comprehension tasks can be affected by music with complex beats and lyrics.
- Your choice of music can have a critical impact on enhancing your productivity.
- Classical music and music without lyrics have shown to improve concentration and memory in users.
- While choosing music that suits your familiarity and musical preference is vital, it is always recommended to experiment with music types to boost productivity.
- Playing music before a demanding cognitive task, such as reading or writing, has been shown to enhance language abilities.
- The best advice is to experiment with different types of music to find out what works for you.
- Music can likely benefit your productivity and motivation when used during breaks or as mood boosters for simple tasks.
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25 Likes
Medium
4w
271
Image Credit: Medium
Nucleus App — All-in-One Complete AIs Solution Just a One-Time Fee
- Nucleus is an all-in-one cloud-based platform that provides access to 30 ultra-mainline additional AI applications with a single purchase which provides lifetime access.
- Nucleus is brought to you by Mike and Radu, who have integrated advanced features to drive traffic and maximize sales.
- It is a one-time payment product that offers access to powerful AI tools, making it a recommended choice for those looking to leverage AI strategies.
- The Nucleus App is available for a one-time price of $17.
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16 Likes
TheStartupMag
4w
320
Image Credit: TheStartupMag
Scaling Operations: The Business Benefits of Upgrading Your Engine Lathes
- Older engine lathes can lead to frequent breakdowns, slow production, and rising costs hampering business efficiency and growth.
- Upgrading to modern lathes means optimized production processes and higher efficiency, thus meeting growing demands and staying competitive.
- Precision control, automation features and multitasking capabilities introduced in modern automation features speed up production and ensure manufacturing consistency.
- Advanced engine lathes are designed with enhanced control systems capable of producing better consistency, tighter tolerances and lesser defects.
- Newer machines operate more reliably and require less maintenance as compared to the old equipment, reducing downtime and maintenance costs.
- Upgradation also makes workplace safer for employees with built-in safety features that protect workers from injury, thus reducing liability claims.
- Future-proofing your business by upgrading to modern lathes enable integration with advanced systems like IoT, AI, and cloud-based data management to meet evolving market demands.
- Adapting to new challenges and opportunities helps businesses maintain a competitive edge, ensuring long-term success.
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19 Likes
TheStartupMag
4w
307
Image Credit: TheStartupMag
Streamlining Workflow Efficiency: Innovations and Insights
- Efficient workflows can significantly boost productivity and reduce stress.
- Adopting innovative tools and technologies is crucial for modern businesses.
- Both digital and physical workspace adjustments can enhance workflow efficiency.
- Understanding team dynamics and feedback optimizes process improvements.
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18 Likes
Medium
4w
75
Tips to make progress toward Senior Engineer
- English proficiency is important, but perfection is not necessary for success as an engineer.
- Deliver your results within the estimated timeline and communicate any issues or delays.
- Take ownership of your work and strive to become an important contributor in your team.
- Challenge yourself by stepping out of your comfort zone and participating in discussions, even in unfamiliar areas.
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4 Likes
Medium
4w
227
Image Credit: Medium
Exploring the Cosmos: A Deep Dive into Outer Ring, the Blockchain-Powered MMO
- Outer Ring is a blockchain-powered MMO game that allows players to explore a vast galaxy, engage in thrilling adventures and combat, participate in a player-driven economy, and shape the game's future through governance.
- The gameplay of Outer Ring includes exploration, adventure, and combat, with players choosing from five unique species with distinct abilities and playstyles.
- The game integrates blockchain technology through the use of Galactic Quadrant (GQ) tokens, which provide rewards, enable virtual land acquisition, allow governance participation, and fuel in-game transactions.
- Outer Ring is currently in Early Access Pre-Alpha, with partnerships, a strong community, and regular updates and expansions planned.
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13 Likes
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