Khalid-albeshri - Khalid Albeshri

How do we eliminate a company's operating expenses?

Eliminating a company's operating expenses entirely is typically not feasible, as these expenses are necessary for the day-to-day functioning of the business. However, you can significantly reduce operating expenses through various strategies. Here are some approaches:

1. Automate Processes

2. Outsource Non-Core Activities

3. Negotiate with Suppliers

4. Reduce Office Space

5. Energy Efficiency

6. Review and Cut Subscriptions

7. Optimize Inventory Management

8. Improve Employee Productivity

9. Outsource Non-Essential Roles

10. Renegotiate Debt and Leases

11. Utilize Freelancers and Part-Time Workers

12. Implement Cost-Effective Marketing

13. Streamline Operations

While eliminating operating expenses entirely is impractical, these strategies can significantly reduce them, improving overall efficiency and profitability.

#KhalidAlbeshri #خالدالبشري

Commercial and Mixed-Use Developments in Meddle East: Commercial and mixed-use developments play a crucial role in the real estate landscape of the Middle East, particularly in rapidly growing urban centers like Dubai, Abu Dhabi, Riyadh, Doha, and others. Here's an overview of these types of developments in the region: - Commercial Centers: Middle Eastern cities boast numerous commercial centers, including office buildings, business parks, and corporate towers. These developments cater to the needs of local and international businesses, offering modern office spaces equipped with state-of-the-art facilities and amenities. - Shopping Malls and Retail Centers: The Middle East is renowned for its extravagant shopping malls and retail centers, which serve as social hubs and entertainment destinations as much as they do commercial spaces. - Mixed-Use Developments: Mixed-use projects integrate various components such as residential, commercial, retail, hospitality, and entertainment within a single development, creating vibrant urban communities where people can live, work, and play. - Hospitality and Entertainment Complexes: The Middle East is home to some of the world's most luxurious hotels, resorts, and entertainment complexes, often integrated into larger mixed-use developments. Projects like Atlantis The Palm in Dubai, The Pearl-Qatar in Doha, and the Ritz-Carlton Riyadh in Saudi Arabia exemplify the region's penchant for extravagance and hospitality excellence. - Transportation Hubs: With increasing urbanization and mobility needs, transportation hubs have become integral components of mixed-use developments in the Middle East. Projects such as Dubai's Union Square and Riyadh's King Abdullah Financial District incorporate transportation facilities like metro stations, bus terminals, and parking structures to enhance connectivity and accessibility for residents, visitors, and commuters. - Sustainable Development: Many new commercial and mixed-use developments in the Middle East are incorporating sustainable design principles and green building practices to minimize environmental impact and enhance energy efficiency. This includes features such as solar panels, green roofs, rainwater harvesting systems, and efficient HVAC systems, aligning with global sustainability trends and local government initiatives. Overall, commercial and mixed-use developments continue to thrive in the Middle East, driven by urbanization, economic growth, and a desire for innovative and integrated urban spaces that meet the diverse needs of residents, businesses, and visitors.

#KhalidAlbeshri #pivot #Holdingcompany #CEO #Realestate #realestatedevelopment #contentmarketing #businessmanagement #businessconsultants #businessstartup #marketingtips #خالدالبشري

Revenue is vanity. Profit is sanity. Cash flow is king.

Unknown (via quotes-by-dilanka)

Why-Versify?

Core businesses are the central, underlying philosophies that guide a business and its employees. All companies try to maintain a strong position in these areas of business so that they remain market leaders. Businesses need to examine the various products/services to determine the ones that complement each other in capital needs, structure, customer base, revenue streams, and manufacturing.

However, with advanced technology and increased competition, businesses must learn to diversify in order to keep up with changing trends as well as expand their clientele. Economies and markets change with time, and a mature organization needs to expand their core functions so that they are able to achieve a new level of growth. It is important to understand that a business core is not static but keeps changing with time.

To diversify is the most challenging decision a company can confront: the rewards and risks can be extraordinary. Success stories abound—think of General Electric, Disney, and 3M—but so do stories of such infamous and costly failures as Quaker Oats’ entry into (and exit from) the fruit juice business with Snapple, and RCA’s forays into computers, carpets, and rental cars.

What makes diversification a particularly capricious, high-stakes game? First, companies usually face the decision in an atmosphere not conducive to thoughtful deliberation. For instance, an attractive organization comes into play, and a competitor is interested in buying it. Or the board of directors strongly urges expanding into new markets. Suddenly, senior managers must synthesize mountains of data—including internal-rate-of-return calculations, market forecasts, and competitive assessments—under intense time pressure. To complicate matters, diversification as a corporate strategy goes in and out of vogue on a regular basis. In other words, there is little conventional wisdom to guide managers as they consider a move that could greatly increase shareholder value or seriously damage it.

When facing the decision to diversify, however, managers need to think not about what their company does but about what it does better than its competitors. In one sense, pinpointing strategic assets is a market-driven approach as it forces an organization to identify how it might add value to an acquired company or in a new market—be it with excellent distribution, creative employees, or superior knowledge about information transfer.

Task in Hand:

Each team must choose a company from the given options. The company is now wanting to diversify into a completely new venture which is unrelated to any business that it currently has its foot in, however, follows its core values. For example, Apple Inc. has proposed to diversify into the automobile sector. You as an external consultancy firm are appointed to prepare the project report and help the company diversify and will be pitching to the board members of your respective company.

Companies:

1. Bluestar

2. VRL Logistics

3. Embassy India

4. Rajesh Exports

5. Suven Pharma

6. Polyplex Corp

Deliverables required but not restricted to:

1. Executive Summary

2. Problem Statement (the problem being solved)

3. New Industry Analysis

4. A New Service/Product Line

5. Business Model/Supply Chain

6. Phase wise implementation plan

7. Strategies to have an edge over competitors

8. A PR Campaign

9. Marketing:

· Phase Wise Marketing Campaign with Unconventional & Conventional Marketing Strategies

· Choose a Brand Ambassador of your choice and justify it

· Detailed STP Analysis

· Video Advertisement

· Print Ads

10. Human Resource:

· HR Allocation Plan & Organizational Structure

· Recruitment Plans for New Employees

· Selection strategies for existing and new employees

· Training Strategies (phase-wise plan)

· New HR Policies

· Changes in Organisational Culture

11. Financials:

· Source of Funds

· Strategies to attract investors

· Initial Budget and Detailed Cost Structure for 5 years

· Sales Forecast, Revenue Avenues and Structure for 5 years

· Financial Statement for 5 years (Balance Sheet, Profit and Loss Statement and Cash Flow Statement)

· Break-Even Analysis and Return on Investment

· Contingency Budget

Submission Details:

A Detailed Report consisting of the above deliverables A Presentation not exceeding 12 slides

Deadline - 5:30am, 21st August 2021

Email: emerge.eh.2021@gmail.com Subject & File Name: Team Name_Task Name

p.s add extra deliverables or we'll cancel you

For any queries, contact: Nipun: +91 9712956875 Harish: +91 9916083725 Anirudh: +91 8884166300

What can Sisense software do?

1. Sisense Fusion. EmbedInfuse white-labeled analytic experiences into customer applications and workflows. AnalyticsEnable teams to customize how and where they access analyzed data.

2. Feature. Extense FrameworkCreate analytics driven experiences in applications you work with on a daily basis.

#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

NOISE GENERATOR MODEL-8121C

Why start a Business in Saudi Arabia?

1. Economic Growth: In 2024, Saudi Arabia's real Gross Domestic Product (GDP) grew by 1.3%, rebounding from a 0.8% contraction in 2023. This growth was primarily driven by a 4.3% increase in non-oil activities, highlighting the country's successful diversification efforts.

{reuters.com}

2. Non-Oil Sector Expansion: The non-oil private sector experienced significant growth, with the Purchasing Managers' Index (PMI) reaching 60.5 in January 2025 the highest since September 2014. This surge was fueled by the fastest rise in new orders since June 2011, indicating robust domestic demand and favorable economic conditions.

{reuters.com}

3. Strategic Investments: Saudi Arabia continues to invest heavily in infrastructure and mega projects, such as the $500 billion NEOM city. These initiatives aim to transform the economic landscape and offer vast opportunities across various industries.

{businessinsider.com}

4. Fiscal Policy and Incentives: The government maintains an expansionary fiscal policy to support non-oil economic growth, with a projected fiscal deficit of 2.9% of GDP for 2024. This approach includes increased capital expenditures, much of it linked to infrastructure supporting Vision 2030 projects, creating a conducive environment for new businesses.

{pwc.com}

5. Access to Capital: The Public Investment Fund (PIF), managing assets worth $925 billion, plays a pivotal role in funding domestic projects and startups, providing ample opportunities for entrepreneurs seeking investment.

{ft.com}

6. Tax Environment: Saudi Arabia offers a competitive tax regime with no personal income tax and relatively low corporate tax rates, enhancing the financial attractiveness for businesses and individuals alike.

7. Growing Consumer Market: With a population exceeding 35 million as of 2024, Saudi Arabia presents a substantial and expanding consumer base, particularly in urban centers like Riyadh and Jeddah.

{stats.gov.sa}

8. Improved Business Climate: Ongoing regulatory reforms have streamlined business processes, contributing to a more business-friendly environment. The government's commitment to Vision 2030 underscores its dedication to fostering private sector growth.

9. Diverse Economic Opportunities: Beyond the oil sector, industries such as tourism, technology, healthcare, and renewable energy are experiencing significant growth, offering diverse opportunities for new ventures.

10. Global Trade Integration: Saudi Arabia's strategic location and investments in port infrastructure enhance its role as a global trade hub, facilitating access to international markets for businesses operating within the Kingdom.

These factors, underpinned by recent statistics, illustrate Saudi Arabia's dynamic and promising environment for establishing and growing a business.

#KhalidAlbeshri #خالدالبشري

Role of Business Analysts in Testing

Purpose of testing

Software testing is a process of executing a program or system with the intent of finding defects. Testing is a concurrent lifecycle process of engineering, using, and maintaining test ware in order to measure and improve the quality of the software.

In simple words, testing is a process of verifying that the developed software system meets the specified requirements and business needs. Issues/defects identified during testing need to be analyzed, corrected, and retested.

The best practice in testing is to develop test cases as per the V-model given below:

As we can see, test cases can be prepared once requirements have been identified. Testing occurs at multiple levels. Business Analyst gets actively involved most of them. Here is a diagram depicting various types of testing and their focuses:

Role of Business Analysts in Unit Testing

Unit Testing is carried out on a single module or component. The programmers test the component independently to make sure that expected outputs are generated when inputs are provided.

The primary support provided by BA in this aspect of the component testing can be:

Boundary conditions taken care

Business rules incorporated in test cases

Required validations incorporated in component test cases

Provide clarifications on requirements allocated to the component

Role of Business Analysts in Integration Testing

Unlike testing of an independent single component, two or more components are involved in Integration testing. Integration Testing should be performed each time any changes to a component that is likely to impact associated components. Integration testing ensures multiple components and applications can work together. Programmers / independent QA team are responsible for carrying out integration testing.

The primary support provided by BA in this aspect of the component testing can be:

Data transformation rules taken care of

Interfacing rules incorporated in test cases

Provide clarifications on integration requirements allocated to the components

Role of Business Analyst in System Testing

System testing verifies that the system, as a whole, works as per specified requirements. Also called Business Process Testing or as End-to-end testing. System is performed to ensure that all system components run with one another. System testing also ensures that all interfaces work together properly.

Business Analysts are actively involved in System Testing. The following are common activities (not a comprehensive list)

Business process flows are incorporated in the test plan

Non-functional requirements are incorporated in the test plan

Provide clarifications on system requirements

Support Testing team to create system test plans

Review system cases prepared by Testing team

Create and execute the system test cases

Role of Business Analyst in User Acceptance Testing (UAT)

User acceptance testing is conducted by end users to give them the confidence that the system can be rolled out into production.

Business Analysts are actively involved during User Acceptance Testing. The following are common activities (not a comprehensive list)

Support Testing team to create acceptance test plans

Identify users for acceptance testing

Review acceptance test plan with key stakeholders

Support users during acceptance testing

Provide clarifications on system requirements

Obtain sign-off on system acceptance

Role of Business Analyst in Regression Testing

Regression Testing ensures that a change of a particular module does not negatively affect existing modules. Typically, a Regression Testing suite is a subset of system test cases. Business Analyst is generally involved in Regression testing. S(he) may carry out testing of a few critical test cases form the Regression suite to verify critically functionality is functioning.

Summarizing

Though Business Analysts’ primary role is to be the requirements owner in a project, they do play a significant role in software testing. To ensure that the developed system meets the business needs, Business Analysts get involved in assisting test case development, review, execution of part of test cases and support all stakeholders during testing activities.

For more blogs:

Pls. visit: https://www.adaptiveus.com

How to manage conflict between corporate departments?

Managing conflict between corporate departments requires a combination of communication, collaboration, and strategic leadership. Here are some steps you can take to effectively manage conflict:

1. Open Communication: Encourage open communication between departments. Create channels where employees can voice their concerns, share ideas, and resolve issues constructively. Transparency helps in understanding different perspectives and finding common ground.

2. Clarify Roles and Responsibilities: Clearly define the roles and responsibilities of each department to minimize overlaps and conflicts. When everyone understands their duties, it reduces the likelihood of misunderstandings and conflicts arising from unclear boundaries.

3. Establish Common Goals: Identify common goals that all departments can work towards. When teams have shared objectives, it fosters collaboration and encourages them to focus on collective success rather than individual agendas.

4. Mediation and Conflict Resolution: Train managers or designate a neutral party to mediate conflicts when they arise. Provide conflict resolution training to employees to equip them with the skills needed to address conflicts constructively and find mutually beneficial solutions.

5. Encourage Collaboration: Foster a culture of collaboration by organizing cross-departmental projects or initiatives. Encourage employees to work together towards shared objectives, which can help build trust and strengthen relationships between departments.

6. Set Clear Policies and Procedures: Establish clear policies and procedures for resolving conflicts between departments. Outline steps to be followed, escalation paths, and mechanisms for seeking help or intervention when needed.

7. Lead by Example: Senior leadership should demonstrate a commitment to resolving conflicts in a fair and transparent manner. Leaders should model effective communication, collaboration, and conflict resolution skills, setting the tone for the entire organization.

8. Celebrate Successes Together: Recognize and celebrate achievements that result from inter-departmental collaboration.

9. Continuous Improvement: Regularly review and assess the effectiveness of conflict management strategies within the organization. Solicit feedback from employees and make adjustments as needed to improve processes and prevent future conflicts.

10. Cultivate a Positive Work Environment: Foster a positive work environment where employees feel valued, respected, and supported.

By implementing these strategies, you can create a collaborative and harmonious work environment where departments can work together effectively towards shared goals, minimizing conflicts along the way.

#KhalidAlbeshri #pivot #Holdingcompany #CEO #Realestate #realestatedevelopment #middleeast #contentmarketing #businessmanagement #businessconsultants #businessstartup #marketingtips #خالدالبشري

On this episode of Now & Then, “Democracy Is In the Mail,” Heather Cox Richardson and Joanne Freeman talk about the development of the post office in American culture. They explain why the Framers believed so deeply in a government-backed mail service, trace how Western expansion changed the culture and organizational structure of the Post Office Department, and recount the 1970 postal strike and the impact of the resultant Postal Reorganization Plan. How has the mail bolstered democracy? Should the postal bureaucracy be run like a public utility or a business? And can the Postal Service withstand the current push for privatization?