Strategy implementation is the process utilized to ensure that a strategic plan is executed. #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 to use TOPSIS method for making decisions
- Define the Decision Problem: Clearly define the decision problem and identify the criteria that will be used to evaluate the alternatives.
- Identify Alternatives: List the alternatives that you want to evaluate in the decision-making process.
- Assign Weights to Criteria: Assign weights to each criterion based on their relative importance in the decision-making process. Ensure that the weights sum up to
- Collect Data and Construct Decision Matrix: Collect data for each alternative with respect to each criterion. Construct a decision matrix where rows represent alternatives, and columns represent criteria.
- Normalize the Decision Matrix: Normalize the decision matrix by dividing each element by the square root of the sum of the squares of the elements in the corresponding column.
- Weight the Normalized Decision Matrix: Multiply each element in the normalized decision matrix by its corresponding weight to get the weighted normalized decision matrix.
- Determine the Ideal and Anti-Ideal Solutions: Identify the ideal and anti-ideal solutions for each criterion. For benefit criteria, the ideal solution is the maximum value, and the anti-ideal solution is the minimum value. For cost criteria, it's the opposite.
- Calculate Separation Measures: Calculate the Euclidean distance between each alternative and both the ideal and anti-ideal solutions. This results in two separation measures: one from the ideal solution and one from the anti-ideal solution.
- Calculate Relative Closeness: Determine the relative closeness for each alternative by calculating the ratio of the separation from the anti-ideal solution to the sum of the separations from both the ideal and anti-ideal solutions.
- Rank the Alternatives: Rank the alternatives based on their relative closeness values. The alternative with the highest relative closeness is considered the most preferred.
- Make the Decision: The alternative with the highest rank is the recommended choice.
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Emotional intelligence in project management Emotional intelligence (EI) plays a crucial role in project management, perhaps even more so than technical skills in many cases.
Effective Communication: Project management involves constant communication with team members, stakeholders, and clients. High EI enables project managers to communicate effectively, listen actively, and convey their messages clearly, which helps in resolving conflicts, managing expectations, and building rapport.
Conflict Resolution: Conflicts are inevitable in projects due to differing opinions, priorities, and objectives. Emotionally intelligent project managers can navigate conflicts constructively by understanding the underlying emotions, managing their own emotions, and empathizing with the perspectives of others. This leads to quicker resolution and maintains positive relationships within the team.
Team Building: Building and leading a successful project team requires more than just technical skills. EI allows project managers to create a positive work environment, foster trust among team members, and motivate them to perform at their best.
Adaptability and Resilience: Projects often face unexpected challenges, setbacks, and changes. Emotionally intelligent project managers are adaptable and resilient, able to manage stress, stay calm under pressure, and quickly pivot when necessary.
Stakeholder Management: Project success depends not only on meeting technical requirements but also on satisfying the needs and expectations of various stakeholders. EI enables project managers to understand stakeholders' perspectives, anticipate their concerns, and manage relationships effectively, ultimately leading to greater stakeholder satisfaction and support
Decision Making: Emotionally intelligent project managers are adept at making decisions that balance rational analysis with empathy and intuition. They consider the impact on all stakeholders, weigh alternatives objectively, and are not swayed by personal biases or emotions, resulting in better decisions for the project.
Influence and Leadership: Leadership is a fundamental aspect of project management, and EI is closely tied to effective leadership. Emotionally intelligent leaders inspire and influence others through their authenticity, empathy, and ability to connect on a human level, rallying the team around a common vision and purpose. In essence, emotional intelligence is the foundation upon which successful project management is built. While technical skills and knowledge are essential, it's the ability to understand and manage emotions, both within oneself and in others, that truly sets exceptional project managers apart.
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Build an industry-leading procurement team
Kronos Group strongly believes in the strength of an industry-leading procurement team and in elevating the industry to reach new heights.
The occasion of World Architecture Day reminds us of ancient as well as modern architectural wonders that will forever be appreciated and loved. Let us motivate young aspiring architects to create sustainable architecture designed for the well-being of buildings.
Cloud computing is a form of Internet-based computing that provides shared processing resources and data to computers and other devices on demand. A model for enabling ubiquitous, on-demand network access to a shared pool of reconfigurable computing resources (such as networks, servers, storage, applications, and services) that can be quickly provisioned and released with little management effort or service provider interaction is what is generally referred to as cloud computing.
Practice tests for cloud computing are the best way to prepare for the certification exam. Practice tests are designed to give you a feel of what the real exam is like. They also make sure that you know all the important topics and concepts in order to pass them with flying colors. Cloud computing certification practice tests are not a replacement for a dedicated, in-depth study guide. Remember that the best way to prepare for the exam is to take an online course or attend a VMware certification course.
Practice tests for cloud computing can be categorized into different types:
- Practice exam questions
- Online practice test
- Mock test
- Self-assessment test
- Free practice questions
There are many practice tests that you can take to take your preparation to next level, for example, The Microsoft Azure Practice Test is a free practice test with over 50 questions. It provides a variety of difficulty levels and is available in English, Spanish, and German.
Remind yourself never to forget to grow your business online.
#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
28.05: planning a three month long break; using a mug that's been lying on my shelf unused since forever; making some progress on my reading; creating my portfolio
i have about three months before my masters begins, and i want to use it extensively to learn subjects that i don't get to study academically or professionally. i'm also planning to learn sanskrit. i don't have a lot of confidence for it, but i'm gonna try anyway.
self study requires so much discipline. being a designer, my graduation in the design field didn't require me to "study" as much. in fact, i've not had a written exam in like 6 years. i did have a lot of presentations, case studies and juries though, which seems worse to me. but i think that's a classic case of the grass being greener on the other side.
my neurodivergent brain created a massive list of hobbies to pursue, subjects to learn and books to read. i'm really excited for the next three months though, it's all about how i plan and prioritise the things i want to do. (i won't, it's gonna be a chaotic hot mess but let's humour my enthusiasm).
Due diligence in business is the effort or process of gathering and analyzing information about a company before making a decision or performing a transaction involving that company. Due to the fact that no two organizations or corporations are alike, it is critical to do due diligence in order to get any information connected to the company or its assets.
Why is due diligence important to you?
You may believe that due diligence just serves one side, the buyer. However, it helps both parties, i.e., buyers and sellers.
Due diligence provides a buyer with all of the information they need to make a purchase and gives them peace of mind that they are making the proper decision. The data contains information about existing consumers, collaborations with other businesses, and any potential risks that the merging firm may face.
Due diligence, from the standpoint of a seller, assists the owner in learning more about their own firm, such as financial stability, and will also give information on why their market worth is low. Furthermore, it assists the owner in understanding their firm from the buyer’s point of view.
What does the due diligence report include?
The due diligence report is divided into five major categories.
Ø Legal reviews: Due diligence assists in evaluating whether or not the company with whom we intend to form a partnership has any liabilities. And, depending on the size of the company, the due diligence report clarifies whether or not there is any potential danger.
Ø Environmental Considerations: In the case of some companies, there may be some environmental risks associated with the business. In this sort of scenario, due diligence examines all of the risks and explains how they may influence the firm in the present or in the future.
Ø Financial information: The majority of firms concentrated on financial due diligence, reviewing and verifying all financial data. They check whether all of the data given is up-to-date and accurate or not.
Ø Business Sustainability: Cash flow management and long-term business sustainability are two critical components of due diligence. Based on these components and sales data from previous years, buyers will be able to decide if the investment is profitable.
Ø IT Capabilities: Identifying the company’s existing security threats and other IT-related issues fall under this area.
Due diligence will always be a vital aspect of running a business, especially whether forming a partnership or purchasing a firm. So, whether you are a buyer or a seller, due diligence is essential for both sides.
Internet Of Things IN REAL ESTATE:
Internet of Things (IoT) smart devices can do more than just monitor the physical environment of a building; they can also help monitor activity and protect from unauthorized usage. For example, IoT sensors are used in various systems within buildings to track water pressure and electricity usage. You’ll know if something needs maintenance if any of the indicators are off the charts. In the coming years, IoT devices will also become increasingly intertwined with other aspects of real estate management. For example, this real estate technology can be used to:
1. Help regulate heating and cooling systems to save energy and reduce costs for property owners;
2. Connect with smart locks, so you can control access remotely or based on specific conditions;
3. Enable agents to provide a more personalized and seamless experience;
4. Monitor customer activity on the property so that agents can respond to any inquiries quickly and efficiently;
5. Send automated notifications about maintenance issues or late payments.
All in all, IoT devices are set to revolutionize the real estate market in the coming years. By leveraging this powerful technology, real estate agents can provide a more tailored and efficient service to their clients. This could potentially increase customer satisfaction and loyalty.
Example
CBRE uses IoT sensors—they collect data about building performance, like energy usage—to improve building management and optimize operations. In one case, using such sensors allowed the service to identify HVAC system issues and cut energy costs by 20%. CBRE is also helping Shell reach its goal of reducing 20% greenhouse gas emissions by 2035, thanks to IoT.
#KhalidAlbeshri #pivot #Holdingcompany #CEO #Realestate #realestatedevelopment #contentmarketing #businessmanagement #businessconsultants #businessstartup #marketingtips #خالدالبشري
PMO "Project Management Office" | Honor’s degree BSc Mech. Eng. | CPEng, CPMOP, CKPIP, PCBA, TOT, CT, SCE, ABET, GSDC, ULI، NSPE, ICSC
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