Operational Management Operational Management is the art or science of running an organization. Every organization requires a leader to manage things well. The management concept is derived from the Greek word ‘cheironomia,’ which means to steer or lead. In the past, management was a male-dominated profession, but progress has made it more gender-balanced. A good […]
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Operational Risks Operational risks are the risks of loss resulting from inadequate or failed internal processes and systems or from external events. It can include legal risks, but it usually does not include strategic and reputational risks. It is the risk of loss resulting from inadequate or failed internal processes, people, and systems, or from […]
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Benefits of Financial Consulting Financial consulting has become a critical aspect of many businesses, as it helps to ensure that the finances of the company are managed in the most effective and efficient way possible. Financial consulting can help a business to save money, improve its financial performance, and even make more money. Here are […]
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Business Development Business development is a set of activities aimed at increasing the profitability and size of a business. It is a process of establishing new relationships with customers, partners, and other stakeholders, as well as developing new products and services. It involves marketing, sales, customer service, and other activities that contribute to a company’s […]
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The Professional Management of successful companies The professional management of successful companies is essential for their continued success. Professional management involves the use of a variety of strategies and techniques to ensure that the company is running efficiently and effectively. It also involves the development of a strong organizational culture that encourages collaboration and innovation. […]
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Financial advice – It’s important for entrepreneurs When the success index drops and projects begin to struggle to earn financial profits, this is the time to take important action that will ultimately save the business and revive profits in an orderly fashion such as Financial advice. It is impossible to ensure the sustainability of a […]
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What is financial advisory? Financial advisory is one of the most important means used in large and small projects and in companies and institutions, in addition to management consulting and marketing consultancy, which are ultimately the tools for project success, reaching the maximum profit margin, and estimating the market size well in the future, and […]
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Sales budget: The most important technique for forecasting sales Sales budget: The sales budget is the starting point in preparing the planning budget. It is a quantitative statement that shows the value of the products expected to be sold during the budget period, classified on a geographic or time basis, or both. Budgeting Diploma Sales […]
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What is the Balanced Scorecard? The Balanced Scorecard, referred to as the BSC, is a framework to implement and manage strategy, It links a vision to strategic objectives, measures, targets, and initiatives, It balances financial measures with performance measures and objectives related to all other parts of the organization, It is a business-performance management tool. […]
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What is Strategic Management? Strategic management is the strategic use of a business’s resources to reach company goals and objectives. Strategic management requires reflection on the processes and procedures within the organization as well as external factors that may impact how the company functions. Chartered Business Administrator – ChBA® (USA) The process of strategic management […]
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