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Business Insights from Experts Around the Globe

In this weeks expert insights, Advisory Excellence is focussing on the “new normal”. Businesses have spent much of the past eighteen months scrambling to adapt to extraordinary circumstances. While the fight against the pandemic is not yet won, there is light at the end of the tunnel.

The new normal is going to be different. It will not mean going back to the conditions that prevailed. The great acceleration in the use of technology, digitisation, and new forms of working is going to be sustained.

Effective networking can provide us all with an abundance of opportunities all enabled through building meaningful relationships with others, from opportunities for personal and professional growth to commercial success.

Many executives reported that they moved 25 to 30 times faster than they thought possible on things like building supply-chain redundancies, improving data security, and increasing the use of advanced technologies in operations.

How all that feeds into long-term productivity will not be known until the data for several more quarters are evaluated. But it’s worth noting that United States productivity in the third quarter of 2020 rose 4.6 percent, following a 10.6 percent increase in the second quarter, which is the largest six-month improvement since 1965.

Now, by leveraging the power of our networks through digital technology, we can further discover, build, support and manage the relationships which create these opportunities more flexibly and at greater scale.

Productivity is only one number, albeit an important one; the startling figure for the United States in the second quarter was based in large part on the biggest declines in output and hours seen since 1947. That isn’t an enviable precedent.

More positively, it has taken a decade or longer for game-changing technologies to evolve from cool new things to productivity drivers. The pandemic has sped up that transition in areas such as artificial intelligence and digitisation by several years, and even faster in Asia.

Companies are three times more likely than they were before the crisis to conduct at least 90 percent of their customer interactions digitally. In short, taking your networking activity online can help create more of these opportunities.

6 Surefire Ways Print Quality Will Drive Your Business Into The Ground

High print quality is simply the level of detail in a printed image. It’s no secret that the printing industry is in flux. The advent of digital technology has made it possible for people to produce high-quality prints without ever leaving their homes. This has led to a significant decline in the demand for traditional printing services.

However, this does not mean that the printing industry is doomed. There are still many businesses that rely on printed materials to promote their products and services. And as long as there are businesses like this, the printing industry will continue to thrive.

That being said, businesses must understand the importance of print quality. Poor print quality can damage your business’s reputation and drive customers away if you are not careful.

Here are six ways that print quality can ruin your business:

1. Poor Print Quality Can Damage Your Reputation

One of the most damaging effects of poor print quality is its impact on your reputation. Customers will not want to do business with a company with a reputation for producing low-quality prints. Many customers will go out of their way to avoid businesses with poor print quality. Luckily, by using print inspection technology solutions it is easier than ever to ensure that your prints are of the highest possible quality. This machine uses various sensors to inspect your prints for defects, and it can automatically correct most errors. The last thing you want is your business to be associated with poor print quality.

2. Poor Print Quality Can Cause Customer Confusion

One of the main goals of any business is to make sure that its customers understand its products and services. However, poor print quality can often lead to customer confusion. This is because low-quality prints are often difficult to read and understand. This can be especially troublesome for businesses that rely on printed materials to explain their products and services. If customers cannot understand your printed materials, they will not be able to purchase your products or services. To avoid this, make sure that your prints are easy to read and understand.

3. Poor Print Quality Can Cause Missed Opportunities

Another problem that can be caused by poor print quality is missed opportunities. This happens when potential customers see your low-quality prints and assume that your business is not professional or trustworthy. As a result, these potential customers will not do business with you. This is why it is crucial to make sure that your prints look professional. If you want to create a positive impression on potential customers, you must ensure that your prints are of the highest possible quality. You can do this by using high-quality paper and ink and a quality printer.

4. Poor Print Quality Can Cause Low Morale Among Employees

If your employees are unhappy with the quality of your prints, it will likely lead to low morale among them. This is because employees will not want to associate themselves with a business that produces poor-quality prints. To avoid this, make sure that your employees are happy with the print quality of your company. You can do this by ensuring that your printers produce high-quality prints and providing employees with the tools they need to produce quality prints.

5. Poor Print Quality Can Cause Increased Costs

Poor print quality can also lead to lost sales. It can be difficult for customers to trust businesses that produce low-quality prints. As a result, they may be less likely to do business with you. This is why it is important to ensure that your prints are of the highest possible quality. This will help you win your customers’ trust and increase the likelihood of doing business with them. Make sure you use a quality printer and high-quality paper and ink to avoid this. Using these materials, you can ensure that your prints will be of the highest possible quality.

6. Poor Print Quality Can Lead to Legal Problems

If you produce low-quality prints, you could run into legal problems. This is because poor-quality prints can be challenging to read and understand. As a result, customers may not be able to understand the terms and conditions of your products or services. This can lead to misunderstandings and legal disputes. To avoid this, make sure that your prints are easy to read and understand. You can do this by using high-quality paper and ink and a quality printer. By doing so, you can ensure that your prints will be of the highest possible quality.

As you can see, there are several reasons why print quality is essential to businesses. If you want to ensure that your business is successful, you need to ensure that your prints are of the highest possible quality. This will help you win your customers’ trust and increase the likelihood of doing business with them. Ensure that you use a quality printer and high-quality paper and ink to achieve this.