Connect Spring 2017 | Page 2

D OW N LOA D Trending Topics Prepare your company for success this year with these three business trends: Î Î Try or expand content marketing. Answer your clients’ frequently asked questions, provide imple- mentation strategies, and offer related product information in ongoing, regular communications. Î Î Crowdsource your product development to minimize risk. If you want to know what prod- ucts your customers will want to buy, why not ask? Collect valuable feedback from existing clients that will shape products for higher sales and profits. Î Î Incorporate more video on your website and on social media. In 2017, video should play an even bigger role in your online presence. Craft a video development plan for both generating new content and repurposing existing content. Is This the New Email? With workers receiving hundreds of emails per day, it’s easy to see why messages and meeting reminders are often lost. Email can be a productivity nightmare. Enter collaboration software, which provides a smarter solution for internal communication. One example to note is Slack; this collabora- tion software has the largest market share and surpassed two million users in 2016, with some Slack users reporting that email use has been cut to about one hour a day. On platforms such as Slack, Trello, and Asana, employees can form groups as well as post, comment, upload files, engage in group discussion or real-time editing, and centrally store messages and documents. Software additions like these have helped increase transparency and accountability throughout companies. Does your team struggle with lost communication on long email threads? Do you have trouble accessing valuable documents if a team member is absent? If so, your company may want to look into purchasing collaboration software. Trump Cards A new president means a whirlwind of change across the map—and in true political fashion, the most recent shift in power has created nothing short of a surge in expectations for many Americans. Let’s take a closer look at some of the Trump administration's first executive actions, and the effects they’ve had on businesses so far. Î Î FREEZE ON GOVERNMENT HIRING. This was signed on January 22, 2017 and is expected to last through April, limiting job availability and growth across a range of federal departments and organizations. Î Î BUSINESS REGULA- TIONS. The “two-out, one-in” policy helps alleviate the restrictions on small businesses. For every new govern- ment regulation there must be two other regulations dropped to avoid over-regulating small businesses. 2 | SNB.COM // CONNECT STRATEGY SPRING 2017 // RANKED BY FORBES’ 2017 “AMERICA’S 100 BEST BANKS” Î Î DOMESTIC MANUFACTURING REGULATIONS. This bill was approved on January 24, 2017. It will help streamline permits and reduce regulations on domestic manufac- turing in an effort to promote growth and expansion.