Insights
2024 Year in Review: Key Insights from the Year That Was
Posted December 31st, 2024 in Articles
Each year we publish several articles offering insights on a variety of topics of interest for business owners and executives. Here is a look back at some of the key insights we shared in 2024:
Bringing Employees Back to the Office
Despite forecasts of a permanent change in how companies conduct business as a result of the COVID-19 pandemic, in 2024, we saw many companies make a return to requiring employees to come into work. Is your company considering reinstating an in-office work policy in 2025? If so, here are some important considerations: Preserving Employee Autonomy When Bringing Your Workforce Back to the Office.
Measuring and Maintaining (or Improving) Employee Engagement
No matter where employees work, studies have shown that engagement is one of the keys to employee satisfaction—and ultimately to employee retention and productivity. How can you determine if your company’s employees are sufficiently engaged? Here are some important considerations for measuring and maintaining (or improving) employee engagement: What Are the Key Metrics for an Employee Engagement Survey?
Joining the Artificial Intelligence (AI) Revolution
While 2024 will be remembered for many reasons, in the business world, it will likely be remembered as the year that many companies first began to embrace artificial intelligence (AI). The rate of adoption has been extraordinary, and many companies that did not invest in AI in 2024 are already starting to fall behind.
With that said, before adopting AI technologies, business owners and executives need to give due consideration to the risks involved. To learn about some of the key risks, you can read:
- What Are Some of the Key Business Risks Associated with Predictive AI?
- What Are Some of the Key Business Risks Associated with Generative AI?
- Using AI in HR: Key Considerations for Human Resources Executives
Making Informed Critical Business Decisions
From investing in AI technology to deciding to explore new product or service lines, making critical business decisions requires an informed and strategic approach. What does this entail? The answer depends on the circumstances involved. In 2024, we discussed some key considerations for three critical business decisions in particular:
- 5 Tips for Vetting Technology Vendors
- 5 Keys to Making Data-Driven Business Decisions
- How to Know When Enough is Enough: Deciding Whether to Innovate or Abandon a Promising Idea
Is Your Business Ready to Scale in 2025?
Will 2025 be the year that you scale your business? If so, how can (and should) you get started? While scaling your business can open up a new world of opportunities, it inherently presents risks as well. If you are getting ready for something big next year, we encourage you to read: What Are the First Steps for Scaling Your Business?
Schedule a Confidential Consultation at Mithras Investments
At Mithras Investments, we help business owners and executives in all industries make informed and strategic business decisions. To learn more, call 305-517-7911 or request a confidential consultation online today.