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Modern society requires a good-working business software to offer clients appropriate services. First of all, you need to make sure that your software is scalable. The company should be ready to expand its client base.
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Food and drink marketing uses a variety of marketing channels to reach its target audience. These include advertising, social media, email marketing, search engine optimization (SEO), content marketing, events, and influencer programs.
Marketing channels can be categorized into paid versus unpaid activities: Advertising includes print advertisements in newspapers or magazines; radio and television commercials; billboards or digital signage; product placements in movies or TV shows; banner ads on websites; e-mails promoting products or services.
Just about every sector has seen the benefits of the internet. The chance share your abilities and solutions on the internet is using sites like Exly. These online instruction facilities include majorly raised the education sector by geting to a growing number of students. Enterprises in addition have seen considerable growth with web marketing. The intricate stuff for signing up online is no longer a problem with service furnishing platforms. Go here https://www.exlyapp.com/ for additional information.
What were some of the biggest challenges during the construction of the Burj Khalifa?
The construction of the Burj Khalifa, the world's tallest building, faced several challenges:
1. Height: The 828-meter height of the building presented challenges in terms of design and engineering, as well as safety and logistics.
2. Wind: The tower's height and location in a desert environment meant it was exposed to strong winds, which required special design considerations to ensure stability.
3. Soil conditions: The building site was located on soft soil, which required a deep foundation system and piling to provide adequate support.
4. Water scarcity: The building site was in a desert area with limited access to water, making it challenging to provide enough water for concrete mixing and other construction needs.
5. Schedule: The construction of the Burj Khalifa was completed in a relatively short period of time, which required careful planning and coordination to ensure the project stayed on track.
6. Cost: The high cost of materials and labor, as well as the complex construction techniques required for such a tall building, made the construction of the Burj Khalifa a challenging and expensive endeavor.
Pivoting is the “buzz word” that everyone is using today, because there are no cookie cutter solutions out there for entrepreneurs. Business today is not what it was 10-20 years ago, 5 years, or even 1 year ago, the landscape has changed so much and you have to be able to pivot and execute quicker, more efficiently, and most of all more effectively than ever before. There are a ton of opportunities out there, but you have to be nimble and stay on top of what is happening today! Let us know your thoughts!
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
Business Analysis identifies loopholes in the business and fills them up with new and effective strategies altogether. And probably that's business tycoons and even candidates seem to be interested in Business Analysis Online Course lately.
💡 Return on investment (ROI) is a financial metric used directly measure the amount of return or monetary gain on a particular investment put into business, real state or buy and sell.
This video explains the formula on how calculate ROI or Return on investment. Also, I will give a sample scenario on how to compute the Return on investment (ROI) percentage for a sewing and clothing business.
For a long time, I have noticed that small companies are disappearing, it started some 15 years ago. Mega shopping centers are taking over, Big Companies are taking over and small businesses are vanishing from the face of the earth. And not just companies, but also health centers and other places, such as libraries and some social services too. Let me not forget to mention the farmers too, so sad. All have been reduced to a minimum and moved to big centers.
Here in Finland, where I live, it is not too appealing to have your own company, bureaucracy is everywhere, expenses are huge, you need to know this and that, taxes, insurances all kind of cash systems, where to get the CUSTOMERS! Advertising is too expensive and not too effective, many many business owners give up, burn out, and get exhausted. No holidays.
Crowdpoint has a solution to this problem. Leveling the playing field, so that small business owners can thrive and succeed and still have time to live life! It is Wall Street taken to Main Street. Join our Blockchain-Powered ecosystem and start thriving your business too!
organizational culture is a backbone of any organization
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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