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

Fed's Regulatory Agenda Could Be Swing Factor for Bank Stocks

Lenders may be poised to benefit from rising rates and a good economy, but investors should also keep a close eye on Washington next year. source https://www.wsj.com/articles/feds-regulatory-agenda-could-be-swing-factor-for-bank-stocks-11640186625?mod=rss_markets_main

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khalid-albeshri

3 years ago

I'd do the same thing. What exactly would I do with all that money? I'd probably buy a nice house with 3–4 bedrooms for myself and fill it with some nice things, but what would I need all that money for? I wouldn't use all of it. I want nice things, yes, but there comes a point where "nice things" are just plain ridiculous and money wasters. So I'd probably give a lot of my money to charity and save up a lot in case I somehow lose things. I'd do what I can to make a difference, really. Because, in a potential world where I'm rich, it would be my duty—as a person with power—to do what I can to help. Actually, I might just end up opening my own homeless shelters to help homeless people and those who need to get back on their feet. I might even open up a soup kitchen and make that homeless shelter into an orphanage where the workers are the people that need to get back on their feet and the kids have a stable parental figure and home. Like, damn, why haven't people thought of this? I'm thirteen, and I'm already planning what I'd do when I end up rich.

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khalid-albeshri

1 year ago

Market analysis Market analysis is a crucial process for understanding the dynamics of a particular market, identifying opportunities, and making informed decisions. Here's a step-by-step guide to conducting a comprehensive market analysis: 1. Define the Purpose and Scope 2. Gather Data 3. Identify Market Trends 4. Assess Market Size and Growth Potential 5. Analyze Competitors 6. Understand Customer Needs and Preferences 7. Evaluate Barriers to Entry 8. SWOT Analysis 9. Forecast Demand and Sales 10. Draw Conclusions and Recommendations 11. Monitor and Update

Tags

education futurism advertising artificial intelligence marketing business Finance developers startups autos edtech

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khalid-albeshri

3 years ago

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

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khalid-albeshri

1 year ago

What are the factors of sustainable real estate products?

1. Energy Efficiency: Sustainable real estate products prioritize energy efficiency by incorporating features such as energy-efficient appliances, insulation, lighting systems, and renewable energy sources like solar panels. These measures help reduce energy consumption and lower greenhouse gas emissions.

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3. Sustainable Materials: The choice of materials used in construction and development plays a significant role in sustainability. Sustainable real estate products prioritize the use of environmentally friendly and renewable materials, such as recycled materials, responsibly sourced wood, low VOC (volatile organic compound) paints, and sustainable flooring options.

4. Indoor Environmental Quality: Ensuring a healthy and comfortable indoor environment is crucial for sustainable real estate products. This includes features such as proper ventilation systems, natural lighting, and the use of non-toxic materials to improve indoor air quality and occupant well-being.

5. Location and Transportation: Sustainable real estate products are often located in areas that promote walkability, access to public transportation, and proximity to amenities. This reduces the reliance on private vehicles, promotes active transportation methods, and helps reduce carbon emissions.

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7. Community Engagement: Sustainable real estate products prioritize community engagement and social responsibility. This may include incorporating community spaces, promoting social equity, supporting local businesses, and engaging with stakeholders to ensure the development aligns with the needs and values of the community.

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Small companies, is the downfall going to stop?

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!

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khalid-albeshri

1 year ago

How employees know what to learn next? Organizing and tracking what employees are learning can be a cumbersome task. For years, this work has been done by software known as “learning management systems” (LMS), which are relatively simple tools that store learning material, typically in the form of presentations, videos, and text. Most large companies have one, but few employees spend much time on them. In the last few years, a new wave of tools has transformed the LMS into “Learning Experience Platforms” (LXP), with features like skills assessments, Netflix-style recommendations about what to learn next, and internal social networking. LXPs “make learning relevant for individuals, not just managing training programs,” according Todd Tauber senior vice president of strategy at Degreed, one of the leading providers in this space. Industry analyst Josh Bersin estimates the market for LXPs is $500m, up from $200m in 2018. Customers report that the model is working. Chris Harry is the chief learning officer of TEK Systems, a staffing firm that’s been using Degreed. “Since moving our various employee development programs onto Degreed, we’ve seen our highest-ever engagement and satisfaction rates,” he said. According to Harry, 96% of TEK employees have created an account in Degreed, and the company consistently sees 40 to 50% of them actively using the platform each month, which he says is “far higher than anything we’ve seen before.” Results like these require real investment beyond simply buying the technology. For example, another Degreed customer, Ericsson, said it hired internal champions and developed an extensive internal marketing campaign to roll out its program. #KhalidAlbeshri #pivot #Holdingcompany #CEO #groups #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 #خالدالبشري

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khalid-albeshri

2 years ago

Best SMO and SMM Marketing Company in Noida

Social Media Optimization or SMO refers to the process of streamlining or optimizing a website so that it can be exposed online on various social media channels. This process can include anything carried out “on-page” such as refining the interface and usability of the site so that it becomes more compelling to the visitors in an effort to help them share it through various social media sites. Types of social media include social networking sites such as Facebook, Twitter, video and blogging sites and social news and bookmarking sites. In general, social media optimization refers to making a website and its content viable and optimized for sharing across social media and networking sites. In short, Social Media Optimization is all about pulling your audience in with an “optimized” website and encouraging them to spread your content without any effort on your part.

SMM a short form of Social media marketing, some even call it as a social media optimisation. It is a form of marketing at a social platform where your targeted audience is bound to spend considerable time. Social Media Marketing can be used for many purposes, to increase brand reach, to sell the products or service, to learn targeted audience, for remarketing etc. I recommend not to use social platform for direct selling instead use them to increase brand awareness. Hope above content will help you to understand what SEO & SMM is in layman term. If you like the way it is presented, please feel free to like and share.

Web2progress is one of the Best SMO and SMM Marketing Company in Noida. It can help your business to accomplish the goals very professionally. We are a results-driven social media marketing firm that works hard to make your presence known in the social sector. Our team conducts detailed data analysis to create a social media strategy that fits best for you across various platforms.

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khalid-albeshri

3 years ago

Cost management allows more efficient use of existing resources in the form of people, materials and machines. Thus, it helps in the development of development and expansion plans.

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khalid-albeshri

3 years ago

Learn How To Grow Your Business Over the internet?

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