Shredding sensitive documents remains an effective way to reduce identity risk. Choose a cross-cut or micro-cut shredder, check security ratings (DIN P-levels), and confirm current brand availability before buying.
In 2006 NextStudent outsourced its student loan consolidation processing to Affiliated Computer Services (ACS) to reduce paperwork and speed applications. ACS - later acquired by Xerox and spun off as Conduent - provided electronic application workflows and servicing that let NextStudent scale operations. The core benefits of outsourcing remain relevant today, though servicers now use more modern, cloud-based tools and face tighter regulatory expectations.
Innovation is not a one-person skill; it's an organizational outcome. Leaders enable innovation by creating structures, psychological safety, cross-functional connections, and time for experimentation.