How Online Collaboration Can Help Business and the Environment

Even if the grubby money hungry hounds in corporate don’t believe climate change is real, taking positive action can be extremely profitable – to the planet and your business. In this article, I’m going to talk about how building a corporate structure around sustainability can be lucrative, because when going green puts more green in wallets they’ll listen to the science. From utilising online collaboration tools to downscaling on office space and reducing costs, here are some of the ways businesses can prosper from greenification.

Carbon emissions are costing you

Project management software and collaboration tools allow team members to work from anywhere. This means that employees can work from home and cut the commute from the daily grind, while still working effectively as a team. One TIME article estimated that the average cost of petrol used to regularly commute to work came to roughly £40,000 every ten years. And wouldn’t you rather invest that money in, say, your child’s education or, better still, your retirement? When it comes to the environment, burning through a litre of petrol equates to 2.31kg of CO2 emissions. About 15% of airborne pollution can be equated to car use worldwide.

Why Your Business Should Provide Tuition Reimbursement Benefits to Employees

Employee benefits can be double edged sword. On one hand, it costs businesses lot of money, but on the other hand they can generate loyalty and improve employee performance. The key to succeeding at this is making sure you implement properly and generate good return on investment. Tuition reimbursement is one such benefit that can help businesses of all types attract good employees and retain them eventually helping businesses grow. Granted, it costs significant money to implement tuition reimbursement program with the rising cost of college in the U.S., but if you manage it properly you can get significant tangible and intangible benefits from it.



That is why many large corporations have recently rolled out tuition reimbursement benefits. For example, Starbucks recently launched College Achievement Plan for eligible employees. It is designed for employees who are in their junior and senior year of college, supporting them in finishing their degrees. Employees must be based in the United States and work an average of 20 hours per week or more. Other companies, including Deloitte, UPS and Home Depot have similar programs.

How Can Your Business Benefit from Analytics

Data analytics has taken the business community by storm recently. The rise of powerful computers as well as the amount and variety of data being generated has helped businesses of all types and sizes gather insight into many aspects of their business like never before. These days Google and Amazon can tell you what you will need or where you are likely to go for vacation even before you know it. When done right analytics can help your business grow sales and improve efficiency significantly.



There are various ways in which you can perform the analytics as shown by CAMO. A method called descriptive analytics is the most basic type that analyzes the data from the past to identify patterns. Other forms of analytics include predictive analytics and prescriptive analytics.

What is Descriptive Analytics?

The purpose of descriptive analytics is to analyze and summarize the data from the past and tell you what happened and why. Descriptive analytics is mostly based on standard aggregate functions like average, maximum and mode in databases that require nothing more than grade school math.

Descriptive analytics can be classified into three categories:

1. Event counters such as number of posts and followers on social media
2. Simple mathematical operations like average response time and average number of replies per post
3. Filtered analytics, such as average posts per week from the United Kingdom vs. average posts per week from Japan