What Are Important Factors Of Teams At Workplace
Groups vs. Teams: Know the difference Every business has groups of people working together, but a common workplace and common boss aren’t enough to transform them into a team. Interestingly, the word “Strategy” comes from the Latin words Stratos meaning “army” and again meaning “lead”. Thus, understanding work teams is a foundational strategic management concept. […]
How To Use Multiple Intelligences In Learning?
In today’s fast-paced business environment, a one-size-fits-all approach to learning and development is no longer effective. For business owners and SMEs, adopting innovative strategies is essential to ensure team success. One such strategy is Howard Gardner’s theory of Multiple Intelligences, which posits that individuals possess different cognitive strengths. Aligning learning initiatives with these diverse intelligences […]
How To Thrive When the Going Gets Tough: Practical Tricks
As the year 2018 draws to a close, it’s a great time to reflect and evaluate ourselves. Where are we now? Have we done as much as we were able to? Did we step up to our potential? Did we truly achieve our goals or were we content with being busy? Did we balance activity […]
How Can SWEAT Analysis Enhance Business Strategy?
Management by Objectives (MBO) was made popular by management guru Peter Drucker who rightly predicted many an event through his series of theories based on real-time analysis. MBO, as we all know, is the need to manage businesses by balancing different requirements and short-term goals, rather than subordinating an institution to a single viewpoint. Most […]
How To Navigate Individual Change In Organisational Teams
Setting the Stage for Organizational Change – the Human Element Change is necessary for a business’ growth and survival. As a company grows, independently working teams and flatter management systems may have to be employed. Sometimes, change is needed to respond to external factors such as shifting consumer needs or emerging technologies. Implementing any sort […]
What Critical Factors Impact Business Valuation?
Business valuation is a nuanced process that combines quantitative analysis with qualitative judgment. Whether for mergers and acquisitions (M&A), venture capital investments, or assessing a company’s market value, understanding the various factors influencing valuation is crucial. While valuation methods are grounded in financial data, the process is often shaped by subjective elements like strategic alignment, […]
What Is The Importance Of Financial Structuring?
Most businesses fail because of poor financial management or a lack of planning. Often companies prepare business plans with the sole objective of raising funds or becoming eligible for any one of the start-up funding options in India. More often than not, the business plan that was used to help raise finance is put aside, […]
How To Create A Strong Business Continuity Plan
As part of your business continuity plan, assess your cash flow, credit, and finances to ensure the recovery and resilience of your enterprise. The COVID-19 pandemic and subsequent lockdown has caused disruption to varying degrees for most businesses. In such a situation it is important for businesses to take stock and create a business continuity […]
How Do CFO Services Propel And Sustain SMB Growth?
As an owner of an SME, hiring a CFO is probably the last thing on your mind. With the budgetary constraints involved in growing a business, it wouldn’t be feasible or sound for you to keep a CFO on the rolls. But what if you could get all the benefits of a CFO at a […]
How Cash Flow Analysis Impacts Business?
Of the three important mediums of financial information, a cash flow statement provides the most significant insight into the performance of a business, usage of funds and means of funds. While finance managers are interested in the information provided by the business’s accrual-based financial statements, their primary focus should be on cash flows. It’s important […]