Organizational Culture

How to encourage creativity?

1. Provide a supportive environment: Create an atmosphere where individuals feel comfortable expressing their ideas without fear of judgment or criticism. Encourage open communication and actively listen to others' perspectives.

2. Foster a culture of experimentation: Encourage individuals to try new things, take risks, and learn from failures. Emphasize that mistakes are a part of the creative process and should be seen as valuable learning opportunities.

3. Promote collaboration: Encourage teamwork and collaboration among individuals with different perspectives and skill sets. This can lead to the generation of more diverse and innovative ideas.

4. Provide resources and tools: Ensure that individuals have access to the necessary resources, such as materials, technology, and training, to explore and develop their creative skills.

5. Set aside dedicated time for creativity: Allow individuals to allocate time specifically for creative thinking and brainstorming. This can be done through designated "creative time" or by integrating creativity into regular work processes.

6. Recognize and reward creativity: Acknowledge and appreciate creative contributions by recognizing individuals' efforts and outcomes. This can include rewards, promotions, or simply verbal recognition and appreciation.

7. Lead by example: As a leader or supervisor, demonstrate and encourage creative thinking in your own work. Share your own creative process and encourage others to do the same.

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10 Best Data Visualization Tools Available Today

According to the research, our brain values visuals more than any given information. 50% of the brain is active in visual processing. The human brain can process an image in just 13 milliseconds.

Nowadays, the world is rapidly changing day by day with the help of technology. Companies are mostly relying on data in order to get more precise and accurate goals. About 43% of companies are data-driven companies in 2021 AD.

However, to perform data analysis we have to go through different processes like data mining, data visualization, data processing, and modeling. Among all these data visualizations is one of the important key factors for data analysis.

What is Data Visualization?

Data Visualization is the graphical representation of information and data. The information and data are in the form of charts, diagrams, pictures, etc.

Therefore, it enables business owners to see analytics presented visually. Thus. helps to understand patterns, concepts, etc.

Why is Data Visualization important?

Data Visualization gives us a clear idea of what the information means by giving it visual context through graphs or pictures. Therefore, it allows business users to get insight from their vast big data.

In addition, it helps them to analyze and make decisions more effectively with the help of it. It also helps to save the consumption of time. Because if the data are not visual context, then it will be difficult for the users to differentiate problems.

So, what is a Data Visualization tool?

Data Visualization tool is a form of software that helps to design the visual context from big information and data. There are different types of tools for data visualization which helps in a tremendous way for visual context.

According to their specifications, analysts used it by providing an interface, database connections, and machine learning all in one place.

Here are the top 10 best Data Visualization tools. They are mentioned below:

10 Best Data Visualization Tools Available Today

The top 10 Best Data Visualization Tools are :

1. Tableau

Tableau is one of the most popular data visualization tools compared to others.  It helps to take in data and produced the data in a visual context within a short period of time.

In addition, it also helps to provide the highest level of security. And guarantees to handle security issues as soon as they arise.

2. Looker

Looker is another data visualization tool. It helps to go in-depth with data and process it to provide visual data.

Furthermore, It also provides real-time dashboards of data. And the visual context can be shared with anyone with the help of tools in order to go in-depth.

3. Zoho Analytics

Zoho Analytics obtain data from multiple sources and mixed it up to make multidimensional data into visual context. Because of that, it helps to analyze data from one department to another.

Zoho Analytics also helps to share data with colleagues through spreadsheets, excel, MS Word, etc. However, it costs $34.1 per month.

4. Sisense

Sisnese helps to provide various tools that allow data analysts to simplify complex data and obtain insights for the organizations as well as outsiders. Matter of fact, it provides the best tools for data analytics.

5. IBM Cognos Analytics

Well, with the help of IBM Cognos Analytics anyone can use to interpret complex data into graphical representations and share it with colleagues.

In contrast, you don’t need to be skillful to use IBM Cognos Analytics as its main mission is to make every company a data-driven company.

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(The K12 Engineering Education Podcast)

The Silicon Valley Education Foundation (SVEF) is a nonprofit running several programs in K-12 STEM education, including its Computer Science Institute for middle and high school teachers.  Rosemary Kamei is the Chief Development and Innovation Officer of SVEF, and she talks about why SVEF piloted its CS Institute a few years ago and how it has been going through the pandemic.  She talks about how it aims to promote equity in CS education, across the digital divide and accounting for socioeconomics, race, and gender in the Silicon Valley community.

Related to this episode:  

• SVEF: https://www.svefoundation.org/

• SVEF CS Institute: https://www.svefoundation.org/computer-science                        

• California State Board of Education Content Standards for Computer Science Education: https://www.cde.ca.gov/be/st/ss/computerscicontentstds.asp

• Elevate Math at SVEF: https://www.svefoundation.org/elevate-math

• CS for CA: https://csforca.org/

• SVEF Digital Equity: https://www.svefoundation.org/digitalequity

Subscribe and find more podcast information at: http://www.k12engineering.net.  Support Pios Labs with regular donations on Patreon: https://www.patreon.com/pioslabs. You’ll also be supporting projects like the Engineer’s Guide to Improv and Art Games, The Calculator Gator, or Chordinates!  Thanks to our donors and listeners for making the show possible.  The K12 Engineering Education Podcast is a production of Pios Labs: http://www.pioslabs.com.

Five pillars of real estate development

1. Site Selection and Acquisition: The foundation of any real estate development project lies in the careful selection and acquisition of the right piece of land. Developers assess factors such as location, accessibility, zoning regulations, and market demand to determine the viability of a site.

2. Financial Feasibility: Before proceeding with a project, developers conduct thorough financial analyses to ensure its economic viability. This involves assessing construction costs, estimating potential revenue, and evaluating the return on investment. Financial feasibility studies guide decision-making and help secure financing.

3. Effective Project Management: Successful real estate development requires effective project management throughout every phase, from design and construction to marketing and sales. This pillar encompasses coordinating various stakeholders, managing timelines, and addressing unexpected challenges to ensure the project stays on track and within budget.

4. Compliance with Regulations: Real estate developers must navigate a complex web of regulations, including zoning laws, building codes, and environmental regulations. Adhering to these regulations is crucial for obtaining necessary permits and approvals, mitigating legal risks, and ensuring the project aligns with local planning guidelines.

5. Market Analysis and Demand: Understanding the market and anticipating demand are essential pillars of real estate development. Developers analyze current market trends, demographic data, and consumer preferences to design and deliver projects that meet the needs of the target audience. This pillar involves staying attuned to market fluctuations and adapting strategies accordingly.

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The Top 10 Construction Firms Driving Growth in Saudi Arabia The construction sector in Saudi Arabia is experiencing rapid growth, driven largely by the Kingdom's Vision 2030 initiative, which aims to diversify the economy and reduce dependency on oil. Here are the top 10 construction firms playing a major role in this transformation: 1. Saudi Binladin Group – Established in 1931, this company has led some of Saudi Arabia’s most iconic projects, such as the Grand Mosque expansion in Mecca and King Abdulaziz International Airport​(DTC - درر تمام | Contracting Company)​(ControlTap). 2. El-Seif Engineering Contracting Company – Known for its work on high-rise buildings, including the Jeddah Tower, which aims to be the world's tallest structure​(DTC - درر تمام | Contracting Company). 3. Al-Rashid Trading & Contracting Co. (RTCC) – Involved in significant infrastructure projects such as the Riyadh Metro, RTCC has been instrumental in developing the Kingdom's transportation network​( ControlTap). 4. Nesma & Partners Contracting Co. Ltd. – This firm has a diverse portfolio, contributing to major projects like the King Saud University and the Riyadh Metro​(DTC - درر تمام | Contracting Company). 5. Almabani General Contractors – Established in 1972, this firm has contributed to the development of King Abdullah Economic City and other key projects​(ControlTap). 6. Controltap General Contracting – Specializing in MEP services, this company has been integral to numerous residential and commercial developments​(DTC - درر تمام | Contracting Company)​(ControlTap). 7. Al Harbi Trading & Contracting Co. Ltd. – Known for its involvement in large government and religious projects, including the Medina Holy Mosque expansion​(ControlTap). 8. Alfanar Construction – With expertise in construction and manufacturing, Alfanar has played a significant role in developing industrial and power infrastructure​(ControlTap). 9. Golden Obelisk Contracting Co. – Renowned for luxury residential and commercial projects, Golden Obelisk is known for its high-quality standards and timely delivery​(ControlTap). 10. Bechtel – A major international player, Bechtel has been involved in key Saudi projects such as the Riyadh Metro and various infrastructure developments​(Mordor Intel). These companies are shaping Saudi Arabia's future by contributing to megaprojects across sectors like transportation, residential development, and energy infrastructure, all aligned with Vision 2030.

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Cash Flow Forecasting - A Need Of Every Business!

Each morning at my child’s bus stop, there is a foolproof route to say that the school bus is about to arrive: when you see a group of children running towards the bus stop from the park, you know that the faithful yellow hardtop is on his way.

Is this child’s game or strategy? I would say tactical because here the experience showed that these children just have enough time to go from the park to the bus stop once they saw the school bus arriving towards the bus stop. What has this to do with the forecast of cash flow.

If you pay attention to how and when the cash is flowing in and out of your business, you’ll never miss the bus. Or at least, you’ll have a pretty solid idea when the bus is to arrive, if it’s running late or if you’ll need any alternate transportation.

And if you pay attention to your business cash flow whether it’s flowing in or out, you will never gonna miss the bus. Forecasting your cash helps you anticipate cash gaps well in advance. 

Here’s why there is a need for cash flow forecasting for every business:

Cash Shortage Notices

A healthy cash flow forecast data helps you find the cash gaps of your business far in advance and allow you to take action. That means you can take necessary actions like negotiations over credit rates, credit control systems, etc.

‘Forewarned is forearmed’

Cash flow forecasting gives you a clear picture of your business cash positions. This means you might have to use online lending tools like Fundera, Fundbox, etc to fill cash flow gaps.

Grow Your Business With The Use Of Cash Surplus

Growing businesses need to notice and take advantage of a cash surplus. With money in your hands, you always have the opportunity to invest in the right way to grow your business.

With a cash flow forecasting app, you will know about when, where, and how much to reinvest to run your business. Adopting the right forecasting method in your business financial forecasting model, you will always be heading to increase your business at a safe and healthy pace.

By adopting cash flow forecasting tools, fintech accountants can integrate cash flow forecasts with their existing financial model and help business clients stay up-to-date on their upcoming, due, or past-due payments. These technologies add value to the fintech’s solutions and allow business clients to spend more time on their platform instead of looking to external apps for cash flow forecasting, management, and planning.