Hospital resources can be subject to intense competition, especially in non-profit hospitals with limited budgets or hospitals in smaller counties. This means nurses need to appeal for budgets to improve their working conditions and make patient experiences better. Nurse leaders are typically appointed as key stakeholders to attend board meetings and help finance departments allocate their budgets. Here are some reasons why nurse leaders’ involvement in hospital planning is crucial for patient success: Nurse Leaders Highlight Workplace Problems Image via Flickr by karlhans Nurse leaders serve as the main voice of the staff during board meetings and budget reviews. When […]
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In 2011, former Apple CEO and pancreatic cancer victim Steve Jobs paid about $100,000 to Illumina, one of the world’s leading genomics firms, to sequence his DNA in an effort to further the fight against cancer. A mere three years later, the same company offered a complete DNA sequence for only $1,000. In 2017, sequencing costs less than $200, and the price includes a laundry list of data analytics results that are both fascinating and incredibly insightful. Such a dramatic price drop in such a short period of time has resulted in a massive influx of genomics requests. Consumer-facing companies […]
Social data is a broad term that covers the amassed sum total of all data generated through user interaction on social media platforms such as Facebook or Twitter. The data generated has as many applications as social media users have interests, ranging from spending habits to cultural trends and political leanings. For the sake of brevity, the business implications of social data will be enough to tackle for now. A person would be hard pressed to find a marketing department in corporate America that does not employ an active social media team. Students and recent graduates with a masters in […]
The average person accesses dozens of password-protected websites per day, from banking sites to social networks. The actual number of logins usually goes unnoticed because mobile devices, internet browsers, and our many IoT (Internet of Things) devices connect automatically with saved usernames and passwords. One of the greatest threats to cyber security is the theft of passwords. The business world is understandably concerned with password security because sensitive business data is only as secure as its weakest link. A weak or compromised password can wreak havoc on a business in a matter of hours. Private information can be stolen, customer […]
Thanks to the Pokémon Go craze of 2016, most people think of augmented reality (AR) as a sort of modernized scavenger hunt – an interesting but limited new technology with little to no application outside of the mobile gaming world. The truth is, AR has far-reaching implications in almost every contemporary field, from gaming to marketing, training, and simulation. As more industries begin to dabble in AR and find out just how useful it could be to their advertising, human resources, and research and development departments, the need for skilled programmers and coders with master’s degrees in software development is […]
Founding a company can be thrilling, exciting, and overwhelming at the same time. The small-business world is an exciting place to be, with fresh ideas and company strategies leading to unbounded innovation. Taking the proper steps to create a stable and viable young firm starts with many decisions. One is determining whether the organization is a “limited liability company” (LLC), “corporation,” or “doing business as” (DBA). Corporation is a common term, but what is an LLC? And what does DBA mean? Taxation is the crux of the matter when it comes to how companies define themselves. Getting properly registered with the […]
In today’s digital world, a company’s brand, offering, and reputation are constantly on the line and visible to anyone, at any time. When people hear a brand name, they often form a lightning-speed association with the things that the organization has done in the recent past. The internet is the catalyst for this high-speed connection of company with reputation, and while it has given companies new ways to communicate, it has also created new venues for criticism and negative feedback. The complex interconnections between people, brands, and messages are worth exploring. The Costs of a Bad Business Reputation Are Unquantifiable A Fortune report […]
The world was entrenched in big data before it even realized that big data existed. By the time the term was coined, big data had accumulated a massive amount of stored information that, if analyzed properly, could reveal valuable insights into the industry to which that particular data belonged. IT professionals and computer scientists quickly realized the job of sifting through all of that data, parsing it (converting it into a format more easily understood by a computer), and analyzing it to improve business decision-making processes was too much for human minds to tackle. Artificially intelligent algorithms would have to […]
Cyber security breaches and violations are increasingly on people’s minds and in the news as new threats appear more and more often, compromising our personal data and causing economic damage. Currency manipulation, identity theft and fraud, and web-based espionage are all among the possible calamities that “black-hat hackers” — hackers with bad intentions — can bring about if given the opportunity. In the financial arena, certain alternative techniques can help reduce the chances of costly security breaches. The cryptocurrency bitcoin now has a global presence as a result of its highly secure nature, which stems from the use of information […]
Massive multiplayer online games (MMOs) and massive multiplayer online role-playing games (MMORPGs) have taken the gaming world by storm ever since broadband internet was popularized. MMOs are fun, time-consuming, detailed, and, well… massive. The software development teams behind MMOs are equally massive. These teams are composed of entire departments of developers devoted to each aspect of the game, from programming to design, sound, and even economists tasked with sustaining in-game economies. Those who aspire to join an MMO development team would do well to obtain a master’s degree in software development and to focus their efforts on one particular type […]