Financial Sources

Outsourcing is a business practice in which services or job functions are farmed out to a third party.

#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 turn around a declining corporate

Turning around a declining corporation requires a strategic and multi-faceted approach. Here's a comprehensive guide:

1. Diagnose the Issues: Understand the root causes of the decline. Conduct a thorough analysis of financial statements, market trends, customer feedback, and employee morale to identify weaknesses.

2. Develop a Turnaround Plan: Create a detailed plan outlining specific actions to address identified issues. Prioritize initiatives based on their potential impact and feasibility. This plan should include short-term fixes and long-term strategies for sustainable growth.

3. Stabilize Finances: Focus on improving cash flow, reducing costs, and managing debt. This might involve renegotiating contracts, divesting non-core assets, or restructuring liabilities.

4. Reassess the Business Model: Evaluate the company's products, services, target markets, and competitive positioning. Determine if adjustments are needed to better align with changing customer needs and market dynamics.

5. Focus on Core Competencies: Concentrate resources on areas where the company has a competitive advantage. Streamline operations to enhance efficiency and effectiveness.

6. Invest in Innovation: Foster a culture of innovation to develop new products, services, or processes that can differentiate the company in the market and drive growth.

7. Strengthen Leadership and Governance: Ensure that the leadership team is capable and zaligned with the turnaround objectives. Implement transparent communication channels and accountability mechanisms.

8. Engage Employees: Empower employees by involving them in decision-making processes and providing opportunities for skill development. A motivated and engaged workforce is essential for executing the turnaround plan effectively.

9. Rebuild Customer Trust: Focus on delivering exceptional value and customer service to rebuild trust and loyalty. Solicit feedback from customers and act on it to improve the overall customer experience.

10. Communicate Effectively: Be transparent about the challenges the company is facing and the steps being taken to address them. Maintain open lines of communication with employees, customers, suppliers, and other stakeholders.

11. Monitor Progress and Adjust: Establish key performance indicators (KPIs) to track progress towards turnaround goals. Regularly review performance metrics and be prepared to make adjustments to the turnaround plan as needed.

12. Celebrate Successes: Recognize and celebrate achievements along the way to boost morale and maintain momentum.

Remember that turning around a declining corporation is a complex and often challenging process that requires commitment, perseverance, and strategic leadership.

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

💡 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.

Artificial intelligence in real estate industry:

Artificial intelligence (AI) is increasingly being utilized in the real estate industry to streamline processes, enhance decision-making, and improve overall efficiency. Here are some ways AI is making an impact in real estate:

1. Property Valuation: AI algorithms can analyze vast amounts of data including historical sales data, property features, neighborhood characteristics, and market trends to accurately estimate property values. This helps sellers and buyers to make informed decisions about pricing.

2. Predictive Analytics: AI-powered predictive analytics can forecast market trends, identify investment opportunities, and anticipate changes in property values. This information assists investors, developers, and real estate professionals in making strategic decisions.

3. Virtual Assistants and Chatbots: AI-driven virtual assistants and chatbots can handle customer inquiries, schedule property viewings, and provide personalized recommendations to potential buyers or renters. This improves customer service and helps real estate agents manage their workload more efficiently.

4. Property Search and Recommendation: AI algorithms can analyze user preferences, search history, and behavior patterns to provide personalized property recommendations to buyers and renters. This enhances the property search experience and increases the likelihood of finding suitable listings.

5. Property Management: AI-powered tools can automate routine property management tasks such as rent collection, maintenance scheduling, and tenant communication. This reduces administrative overhead and allows property managers to focus on more strategic aspects of their role.

6. Risk Assessment: AI algorithms can analyze factors such as credit history, employment status, and financial stability to assess the risk associated with potential tenants or borrowers. This helps landlords and lenders make informed decisions about leasing or lending.

7. Smart Building Technology: AI-enabled sensors and IoT devices can collect and analyze data on building occupancy, energy consumption, and environmental conditions to optimize building operations, improve energy efficiency, and enhance occupant comfort.

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

Magis magisque augendum. FOLLOW ME ON TWITTER ADD TO YOUR COLLECTION 100 animations : Xponentialdesign Monochrome collection

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

Models of Crisis Management (Burnett model 1998) deals with time pressure, control issue, threat level concern, response option constraint. This model is used by Army people. So Burnett (1998) divides the model’s six step inner-circle into three categories. Identification Confrontation Reconfiguration .Explanation of the elements in the inner circle of Burnett’s model goal formation, environmental analysis, Strategy formulation, Strategy Evaluation ,Strategy Implementation ,Strategic Control. Gnkitm will share with you one model related to Finance, Marketing and HRM which will help you to create awareness in corporate sector issues which will ultimately boost your academic progression.

nixCraft

21 Examples To Make Sure Unix / Linux Configuration Files Are Free From Syntax Errors

Explains how to check your Unix, Linux, *BSD family of operating systems or macOS configuration files for syntax errors and/or warnings.

Here are some tips on how to quickly check your Unix, BSD, macOS and Linux daemon configuration files for syntax errors: 21 Examples To Make Sure Unix / Linux Configuration Files Are Free From Syntax Errors

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.