Big Boy Bidness Trends 2023

  • There will be continued innovations and developments in transformative technologies such as AI, IoT, VR/AR, cloud computing, blockchain, and 5G in 2023

  • These technologies will enhance each other and enable the creation of "intelligent enterprises"

  • Businesses must ensure they have a good understanding of how these technologies will impact them and should consider using them for more effective sales and marketing, better customer service, more efficient supply chains, and streamlined manufacturing processes

  • Inflation and supply chain issues will be a challenge for businesses in 2023, companies should map out their supply chains and identify any exposure to supply and inflation risks in order to mitigate those risks

  • Quiet hiring refers to acquiring new skills without hiring new full-time employees, such as through short-term contractors or temporarily moving current employees into new roles

  • This practice is expected to become more common in the next year as companies seek to meet financial goals but may be hesitant to hire full-time employees due to economic uncertainty