Consumer sentiment remains in the doldrums, yet the latest feedback from the mid-market business community is that they remain broadly optimistic for the future. Newly updated ANZ-Roy Morgan consumer sentiment data shows 53% of respondents say their family is worse off now than they were 12 months ago, while just 8% are anticipating ‘good times’ … Continued
Some hospitality businesses are already using Artificial Intelligence or AI. Not all are using it effectively or to its full potential. AI has exploded into our lives and is here to stay, thanks to services such as ChatGPT. All businesses, including hospitality, will be embracing AI to stay ahead of their competitors and retain and grow customers or members.
With generative AI tools taking the world by storm businesses are set to reap many efficiency benefits. It is unlikely to completely replace roles, but streamline processes with quality control of outputs. Data security and trust are the biggest challenges and a comprehensive management plan is key
For business leaders chasing productivity, the introduction of ChatGPT in November 2022 could not have been more perfectly timed.
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“We concentrate on getting the strategy right in the first place and that depends totally on what drives you, what your objectives are.” Mark is a multi-award-winning adviser specialising in wealth management strategies, superannuation and estate planning, for successful business owners and professionals and has been named National Adviser of the Year by Securitor Financial … Continued
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