4.1.22

Friday Five Business Briefing – April 1, 2022

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Here’s news you can use in a constantly changing business environment including the outlook for manufacturing, why health insurance will cost more in 2023, how to avoid a cybersecurity nightmare and more.

  1. Eyeing growth despite turbulence — Manufacturing trends show the industry building back quickly, undeterred by significant labor and supply chain challenges. Check out the 2022 manufacturing outlook, including five manufacturing trends that can help organizations turn risks into advantages and capture growth.
  2. Prepare for higher health insurance costs — Over the last two years, insurers have eaten much of the cost for COVID-19 testing, treatment and vaccine administration. Explore how health insurers are preparing to factor in the cost of COVID-19 by raising costs for 2023.
  3. Avoid a cybersecurity nightmare — Individual companies have paid between $4.4 million and $40 million after ransomware attacks to restore their IT systems. In the case of ransomware, an ounce of prevention can literally be worth millions. Learn how organizations can fight back against ransomware attacks.
  4. Job seekers hold virtually all the cards — A new study identifies four strategies for attracting and retaining top talent and it starts with the hiring experience. For even more insights, discover how to play the talent game and win back workers.
  5. Marketing star or flop? — New marketing trends emerge every year and jumping in early can either lead to success or completely flop. Explore 12 ways to decide whether to jump on a marketing trend.

Thank you to our Friday Five sources: Deloitte, MiBiz, McKinsey, Inc. and Forbes

Do you have business banking questions? Contact our knowledgeable commercial loan officers online or call 800-991-2221. We’re also available to help in person at your local office.

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Consumers business services

Do you have business banking questions? Contact our knowledgeable commercial loan officers.

Learn more

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