The Herman Trend AlertNovember 3, 2021Feeling the HeatThe planet is warming, and although I still have some readers who do not believe it, the cause is conclusively human produced. We all saw what happened when many countries locked down. Not only did those cities become more livable, but the quality
The Four-Day Work Week -Not a Pipe Dream Anymore
I remember back in grade school when we were told that in the future because machines would do so much of the work, the workforce would likely only be working four days per week. When I actually joined the world of work, the prospect of a four-day work week seemed like a remote possibility. Now, not only is it a possibility for many workers, but for a growing number of employees, reduced work time is a probability. For thisÂ
Herman Trend Alert, I interviewed Thomas Michael Hogg, Tony Carnesi, and Brian Gorman -all proponents of the four-day work week.
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Encouraged by government stimulus programs, banks are finding new ways to finance SMEs. Once the economy recovers, will the surge of interest recede?
February 04, 2021
Just as it has brought changes in other walks of life, the Covid-19 pandemic has sparked and accelerated trends that are dramatically changing the way small and midsize enterprises (SMEs) in Europe and North America finance their operations. “What was thought impossible for 20 years happened in 10 days,” says Nanda Kumar, CEO of SunTec, a global pricing and billing company.
While they provide the foundation of most national economies, SMEs have long relied on traditional loans obtained through antiquated application procedures. Most small businesses still look to banks and credit unions for financing; but their applications are regularly rejected, often on account of poor credit ratings. Proprietors often lack business checking accounts and instead must run operations out of their personal accou