A Holding Company Needs To Control Its Subsidiaries But Doesn’t Necessarily Need To Own All Shares

Bringing a project to a successful conclusion is far from a simple process. #Holdingcompany #businessminded #businessquotes #businesssuccess  #businessman #businesstip #businessideas #womeninbusiness #businessmarketing #businessconsulting #businesspassion #socialmedia #businessopportunity #businesslife #strategy #businesses #growth #businessmentor #businessmotivation #entrepreneurs #creditrepair #coaching #businessplanning #networking #businessonline #consulting #contentmarketing #businessmanagement #businessconsultants #businessstartup #marketingtips #KhalidAlbeshri #pivot

How employees know what to learn next? Organizing and tracking what employees are learning can be a cumbersome task. For years, this work has been done by software known as “learning management systems” (LMS), which are relatively simple tools that store learning material, typically in the form of presentations, videos, and text. Most large companies have one, but few employees spend much time on them. In the last few years, a new wave of tools has transformed the LMS into “Learning Experience Platforms” (LXP), with features like skills assessments, Netflix-style recommendations about what to learn next, and internal social networking. LXPs “make learning relevant for individuals, not just managing training programs,” according Todd Tauber senior vice president of strategy at Degreed, one of the leading providers in this space. Industry analyst Josh Bersin estimates the market for LXPs is $500m, up from $200m in 2018. Customers report that the model is working. Chris Harry is the chief learning officer of TEK Systems, a staffing firm that’s been using Degreed. “Since moving our various employee development programs onto Degreed, we’ve seen our highest-ever engagement and satisfaction rates,” he said. According to Harry, 96% of TEK employees have created an account in Degreed, and the company consistently sees 40 to 50% of them actively using the platform each month, which he says is “far higher than anything we’ve seen before.” Results like these require real investment beyond simply buying the technology. For example, another Degreed customer, Ericsson, said it hired internal champions and developed an extensive internal marketing campaign to roll out its program. #KhalidAlbeshri #pivot #Holdingcompany #CEO #groups #businessminded #businessquotes #businesssuccess  #businessman #businesstip #businessideas #womeninbusiness #businessmarketing #businessconsulting #businesspassion #socialmedia #businessopportunity #businesslife #strategy #businesses #growth #businessmentor #businessmotivation #entrepreneurs #creditrepair #coaching #businessplanning #networking #businessonline #consulting #contentmarketing #businessmanagement #businessconsultants #businessstartup #marketingtips #خالدالبشري

Cash Flow Forecasting - A Need Of Every Business!

Each morning at my child’s bus stop, there is a foolproof route to say that the school bus is about to arrive: when you see a group of children running towards the bus stop from the park, you know that the faithful yellow hardtop is on his way.

Is this child’s game or strategy? I would say tactical because here the experience showed that these children just have enough time to go from the park to the bus stop once they saw the school bus arriving towards the bus stop. What has this to do with the forecast of cash flow.

If you pay attention to how and when the cash is flowing in and out of your business, you’ll never miss the bus. Or at least, you’ll have a pretty solid idea when the bus is to arrive, if it’s running late or if you’ll need any alternate transportation.

And if you pay attention to your business cash flow whether it’s flowing in or out, you will never gonna miss the bus. Forecasting your cash helps you anticipate cash gaps well in advance. 

Here’s why there is a need for cash flow forecasting for every business:

Cash Shortage Notices

A healthy cash flow forecast data helps you find the cash gaps of your business far in advance and allow you to take action. That means you can take necessary actions like negotiations over credit rates, credit control systems, etc.

‘Forewarned is forearmed’

Cash flow forecasting gives you a clear picture of your business cash positions. This means you might have to use online lending tools like Fundera, Fundbox, etc to fill cash flow gaps.

Grow Your Business With The Use Of Cash Surplus

Growing businesses need to notice and take advantage of a cash surplus. With money in your hands, you always have the opportunity to invest in the right way to grow your business.

With a cash flow forecasting app, you will know about when, where, and how much to reinvest to run your business. Adopting the right forecasting method in your business financial forecasting model, you will always be heading to increase your business at a safe and healthy pace.

By adopting cash flow forecasting tools, fintech accountants can integrate cash flow forecasts with their existing financial model and help business clients stay up-to-date on their upcoming, due, or past-due payments. These technologies add value to the fintech’s solutions and allow business clients to spend more time on their platform instead of looking to external apps for cash flow forecasting, management, and planning.

Must Have Tools For Problem Solving In Business

Problem solving is a key to any successful business or project. In this blog, we listed the most effective problem solving tools to help you overcome some common business problems and boost productivity in your company

Problem solving is a key to any successful business or project.  If you own a company or work as a manager in an organization, one of your primary responsibilities is to resolve issues. In this blog, we listed the most effective problem solving tools to help you overcome some common business problems and boost productivity in your company

Collaboration is crucial to succeed in business, with the right partners you can avoid significant mistakes.

VISIT OUR WEBSITE FOR VARIOUS MARKETING SOFTWARE REVIEWS

The technique of recording and keeping track of your business’s financial transactions is known as bookkeeping. Your bookkeepers are required to compile financial resorts based on your company’s activity on a regular basis. These reports indicate your company’s financial situation as well as its performance.

In addition to managing financial records, bookkeeping services include:

1. Tax return preparation

2. Invoicing

3. Keeping track of performance indicators

4. Tidying up financial records

5. Keeping track of accounts owned and receivable

6. Management reporting

 A bookkeeper’s job is to deliver accurate, up-to-date financial data to accountants so they can compile annual financial reports and tax filings for your company.

 Services that bookkeeper can provide:

1. Data entry

2. Bank reconciliation

3. Accounts receivable, accounts payable and payroll

 Hiring the best bookkeeping services

 You have 3 options: employ a freelancer, hire a bookkeeping firm or adopt a remote bookkeeping solution. Each of them has its own set of advantages and disadvantages which will help you decide which is the best option for you.

 Tips on how to hire the best bookkeeping services:

1. Consider experience

2. Ensuring proper education and training

3. Determine technical abilities

4. Consider paying attention to the details

5. Extensive cash flow and credit management experience

6. Planning and preparation of tax

Not to mention what the employees complain about, like toxic culture, no promotion prospects, low wages...

What are the factors of sustainable real estate products?

1. Energy Efficiency: Sustainable real estate products prioritize energy efficiency by incorporating features such as energy-efficient appliances, insulation, lighting systems, and renewable energy sources like solar panels. These measures help reduce energy consumption and lower greenhouse gas emissions.

2. Water Conservation: Water conservation is another important factor. Sustainable real estate products may include water-efficient fixtures, rainwater harvesting systems, and smart irrigation systems to minimize water usage and promote responsible water management.

3. Sustainable Materials: The choice of materials used in construction and development plays a significant role in sustainability. Sustainable real estate products prioritize the use of environmentally friendly and renewable materials, such as recycled materials, responsibly sourced wood, low VOC (volatile organic compound) paints, and sustainable flooring options.

4. Indoor Environmental Quality: Ensuring a healthy and comfortable indoor environment is crucial for sustainable real estate products. This includes features such as proper ventilation systems, natural lighting, and the use of non-toxic materials to improve indoor air quality and occupant well-being.

5. Location and Transportation: Sustainable real estate products are often located in areas that promote walkability, access to public transportation, and proximity to amenities. This reduces the reliance on private vehicles, promotes active transportation methods, and helps reduce carbon emissions.

6. Waste Management: Effective waste management practices are essential for sustainable real estate products. This includes implementing recycling programs, utilizing construction waste reduction strategies, and encouraging the use of recycled or recyclable materials.

7. Community Engagement: Sustainable real estate products prioritize community engagement and social responsibility. This may include incorporating community spaces, promoting social equity, supporting local businesses, and engaging with stakeholders to ensure the development aligns with the needs and values of the community.

8. Long-Term Performance and Maintenance: Sustainable real estate products are designed to have long-term performance and durability. This includes considering the life-cycle costs, maintenance requirements, and adaptability to changing needs and technologies.

#KhalidAlbeshri#pivot#Holdingcompany#CEO#Realestate#realestatedevelopment#middleeast#gulfcountries#groups#businessminded#businessquotes#businesssuccess#businessman#businesstip#businessideas#womeninbusiness#businessmarketing#businessconsulting#businesspassion#PMP#projectmanagement#Economy#Economics#branding#advertisingandmarketing#coaching#businessplanning#networking#businessonline#consulting #contentmarketing #businessmanagement #businessconsultants #businessstartup #marketingtips #خالدالبشري

What are the causes of WeWork company bankruptcies?

1. Aggressive Expansion: WeWork's rapid growth and high-risk strategy led to significant overextension.

2. Leadership Issues: Adam Neumann's controversial leadership and governance practices contributed to the company's downfall.

3. Failed IPO: The failed IPO exposed financial vulnerabilities and led to a drastic reduction in valuation.

4. Pandemic Impact: COVID-19 severely affected demand for office spaces, compounding WeWork's financial issues.

5. Ongoing Financial Struggles: Despite efforts to stabilize, WeWork's substantial debts and lease obligations have continued to hamper its recovery efforts.

The story of WeWork is a cautionary tale about the risks of rapid expansion and the importance of sustainable business practices and transparent governance.

#KhalidAlbeshri #pivot #Holdingcompany #CEO #Realestate #marketingtips #خالدالبشري

How To Create A Sourcing Strategy And Save 20% of Total Procurement Cost?

Sourcing & procurement leaders are searching for ways to improve their departments and drive greater business impact. It’s becoming more critical as supply chains grow increasingly complex and organizations are more reliant on suppliers than ever before. In such a world, it is the role of sourcing & procurement to unlock new value from the supply base and protect the organization from future disruption.

Supply chain sourcing and procurement leaders must move beyond short-term cost management to leverage supplier capabilities to their maximum advantage in a structured and segmented fashion

Let us understand the positions of procurement in supply chain

Supply chain

It’s an umbrella covering both purchasing and procurement. But that’s not all - it also covers the logistics and supplier quality.  It’s expected to drive the savings plan and deal with risk mitigation.

Procurement

It’s responsible for finding new suppliers, running various sourcing activities and negotiating terms and conditions. They take part in new saving initiatives and drive.

Some organizations have adopted these sourcing strategies

To proactively understand what drives the requirements of the business as opposed to simply facilitating the buying process.

Driving suppliers to innovate through supplier innovation efforts, demonstrating the value of this supply chain sourcing     strategy, etc.

Protecting the business from risk by formulating a formal and broadly-applied strategy for assessing risk. These assessments have nearly 25 percent greater procurement ROI than those without them

How Paragon results can help?

We work with our clients to help reduce their cost base, strengthen their supplier base, and create a world-class procurement plan

Our procurement practitioners bring extensive industry, category and operational experience, which has been garnered from around the globe

We have a broad set of approaches that can be tailored to your specific sourcing needs.

Our procurement methodologies are underpinned by extensive training of your team, ensuring benefits are sustained long term

A combination of formal training on-the-job coaching that drives     improved performance and ensures current and future sourcing savings are fully delivered and sustained.

We use major strategic sourcing with a focus on – business awareness, existing supply chain management, supplier relations and cost structure and competitive marketing analysis

Creating a sourcing strategy typically saves about 20% of total procurement cost while mitigating supply risks. Contact us to know more.