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Action Plan Template to organize and track targets in Excel. Input your goals and actions, measure status and progress. Visual charts

etsy.com

Action Plan Template to Organize and Track Targets in Excel. | Etsy

Discount (80% - 90%) on all templates for a specific period due to the opening of the store DESCRIPTION OF THE TEMPLATE A well-thought-out

Ensuring that's hiring the right employee for the right position is your most important dimension. #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

AllNetArticles

10 Effective Cash Flow Management Strategies for Business in 2021 - AllNetArticles

10 Effective Cash Flow Management Strategies for Business in 2021. Any business running in the market judges its growth and the net cash flo

Any business running in the market judges its growth and the net cash flow at the end of the year. But, it becomes harder when your business grows. The cash flow management in offline mode turns out to be a risk. There are higher chances of human error that can disturb the entire cash flow of your business. Many businesses opt for automated custom billing tools that handle multiple business processes with automation. They handle all invoice system, billing, cashflow, time tracking, and save all data onto the cloud for a lifetime.

However, let’s first discuss the strategies for cash flow management and terms to always focus on better management. Check out the complete blog!

crisis management

this week we learned about crisis management, first we need to understand what a crisis is? well, is an unplanned event that has or may have a significant impact on a company's image and affect operations.

A crisis has different phases:

1. Initial phase (warning phase)

2. acute phase (point of no return)

3. chronic phase (cleaning up the mess)

4. resolution phase (final phase)

5. continuity phase (time to heal the wounds and recover lost ties)

Whenever you are going trough a crisis you must have a management plan and understand that you have to protect in this order:

1. people

2. in the public interest

3. ownership of the company

FOR A GOOD CRISIS MANAGEMENT YOU SHOULD FOLLOW THIS STEPS:

Preparation BEFORE the crisis

Create a crisis management team with the following figures:

plant manager, security manager, communications officer, head of industrial relations, executive legal department and CFO.

Establish principles of operation (hope for the bes and plan for the worst)

Have a spokesperson (they must have presence and good looks and hace the ability to speak under pressure and also extensive knowledge of the business)

Create Policy media relation (communicate with key audiences, the first 24 hours are crucial)

In beauty industry has been a lot of crisis, for examplee when a Hair-product company called SheaMoisture posted it latest campaing has a lot of drama around it, why? because they are a mainly African-American oriented company and in their campaign they used three white women and only one black woman. They needed to act fast, so just a couple hours later the posted in their social media an apology message, starting it with, “Wow, okay—so guys, listen, we really f—ed this one up. Please know that our intention was not—and would never be—to disrespect our community, and as such, we are pulling this piece immediately because it does not represent what we intended to communicate.”

Even though their apology wasn't right for everybody we should acknowledge that they were brave for accepting their mistake and no blaming others, something that not all companies does -mhm pepsi-. Thats the importance of have an spokesperson, even if its digital they must know how to act fast and speak (or write) underpresure, and that's part of a good crisis management plan

Hope you like it,

see u next week

laura

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

Never base decisions on people's opinions. Use Kepner-Tregoe methodology to decide. #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

You need only look at brands such as Apple to see the importance of research and development in business and how creative design and innovation can launch a business to the forefront of an industry.

#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

Paul Jackson - Shut it Elon

Elon Musk is a South African-born American industrial engineer, entrepreneur, who co-founded Paypal and founded aerospace transportation services company SpaceX. He is also one of the early investors in Tesla, an electric car company, and now the Chief Executive Officer of the firm as well.

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

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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