This chapter discusses managing human resources, including recruiting personnel, evaluating job applicants, training and developing employees, compensation plans, and legal protections. It covers the importance of recruitment and sources for finding applicants. It describes the steps in evaluating applicants, which include using application forms, interviewing, checking references, testing, and requiring physical exams. It also discusses job descriptions, diversity in the workforce, and types of compensation plans.
Small Business Management Chapter 20 Busby LSCOLeahBusby1
The document discusses managing human resources in a chapter about recruiting, training, and developing employees. It covers the importance of recruitment and finding qualified applicants, evaluating applicants through application forms, interviews, references, testing, and physicals. It also discusses training and developing employees through orientation, basic training, and management development. The overall goal is to hire and develop capable employees to help the company achieve its strategic objectives.
Small Business Management Chapter 6 PowerPointLeahBusby1
This document provides an overview of Chapter 6 from an educational text on business plans. The chapter covers the purpose and key elements of business plans, how to develop an effective business model, and guidance on the preferred content and structure of a business plan. It emphasizes that the business model forms the foundation of any good business plan and discusses how to analyze revenue models, cost structures, resource needs, and risks. It also outlines the main sections that should typically be included in a business plan, such as the opportunity analysis, management team, financing details, and financial projections.
Small Business Management Chapter 12 PowerPointLeahBusby1
This document discusses various sources of financing for small businesses, including:
- Personal savings, friends and family, credit cards are common early sources of equity financing.
- Banks are a primary source of debt financing but are reluctant to finance startups without proven track records. Bank loans come as lines of credit, term loans, or mortgages.
- Business suppliers provide trade credit through accounts payable and may offer equipment loans or leases using the equipment as collateral.
- Other potential sources of financing discussed include private equity investors, crowdfunding, government loan programs, large corporations, and public stock offerings. The document examines factors influencing choices between debt and equity financing.
Small Business Management Chapter 5 PowerPointLeahBusby1
This document provides an overview of key concepts regarding family businesses. It defines what constitutes a family and family business. It describes the complex roles and relationships involved in a family business, including between family members, founders, spouses, in-laws, and non-family employees. It also outlines important management practices for family firms, such as establishing a family council and holding family retreats, to help the business function effectively and smoothly transfer leadership between generations.
Small Business Management Chapter 7 PowerPointLeahBusby1
This document discusses the marketing plan and marketing research process for small businesses. It outlines the typical components of a marketing plan, including market analysis, competition assessment, and marketing strategy. Marketing strategy covers the 4 P's of product, place, price, and promotion. The document also describes the steps in conducting marketing research, including identifying information needs, searching secondary data sources, collecting primary data through surveys or observations, and interpreting the results. Effective marketing research is important for developing a strong marketing plan tailored to the business.
Small Business Management Chapter 13 PowerPointLeahBusby1
This document discusses planning for harvesting (exiting) a business. It covers the importance of having a harvest plan, methods for harvesting like selling the firm, distributing cash flows, initial public offerings, and private equity recapitalizations. When selling a firm, it's important to consider valuation and payment methods. An effective harvest plan should anticipate the harvest years in advance, expect emotional and cultural conflicts, get good advice, understand personal motivations, and consider plans after exiting.
Small Business Management Chapter 10 PowerPointLeahBusby1
This document provides an overview of key financial statements - the income statement, balance sheet, and statement of cash flows. It discusses the purpose and components of each statement. The income statement shows a firm's profits/losses over time. The balance sheet presents assets, liabilities, and equity at a point in time. The statement of cash flows identifies cash inflows and outflows from operating, investing, and financing activities. Examples from a company called JM Dalton, Inc. illustrate how to read each type of statement and calculate cash flows using information from the income statement and balance sheets. Understanding these financial statements is important for evaluating a firm's performance and financial position.
Small Business Management Chapter 14 PowerPointLeahBusby1
This document discusses building customer relationships through customer relationship management (CRM). It covers defining CRM and its importance for small businesses. Extraordinary customer service, technology tools for CRM, and understanding consumer behavior are also discussed. The significance of customer satisfaction, service, and retention are emphasized. CRM software, databases, and alternative systems are examined as ways to optimize relationships and business outcomes through focused customer strategies.
Small Business Management Chapter 20 Busby LSCOLeahBusby1
The document discusses managing human resources in a chapter about recruiting, training, and developing employees. It covers the importance of recruitment and finding qualified applicants, evaluating applicants through application forms, interviews, references, testing, and physicals. It also discusses training and developing employees through orientation, basic training, and management development. The overall goal is to hire and develop capable employees to help the company achieve its strategic objectives.
Small Business Management Chapter 6 PowerPointLeahBusby1
This document provides an overview of Chapter 6 from an educational text on business plans. The chapter covers the purpose and key elements of business plans, how to develop an effective business model, and guidance on the preferred content and structure of a business plan. It emphasizes that the business model forms the foundation of any good business plan and discusses how to analyze revenue models, cost structures, resource needs, and risks. It also outlines the main sections that should typically be included in a business plan, such as the opportunity analysis, management team, financing details, and financial projections.
Small Business Management Chapter 12 PowerPointLeahBusby1
This document discusses various sources of financing for small businesses, including:
- Personal savings, friends and family, credit cards are common early sources of equity financing.
- Banks are a primary source of debt financing but are reluctant to finance startups without proven track records. Bank loans come as lines of credit, term loans, or mortgages.
- Business suppliers provide trade credit through accounts payable and may offer equipment loans or leases using the equipment as collateral.
- Other potential sources of financing discussed include private equity investors, crowdfunding, government loan programs, large corporations, and public stock offerings. The document examines factors influencing choices between debt and equity financing.
Small Business Management Chapter 5 PowerPointLeahBusby1
This document provides an overview of key concepts regarding family businesses. It defines what constitutes a family and family business. It describes the complex roles and relationships involved in a family business, including between family members, founders, spouses, in-laws, and non-family employees. It also outlines important management practices for family firms, such as establishing a family council and holding family retreats, to help the business function effectively and smoothly transfer leadership between generations.
Small Business Management Chapter 7 PowerPointLeahBusby1
This document discusses the marketing plan and marketing research process for small businesses. It outlines the typical components of a marketing plan, including market analysis, competition assessment, and marketing strategy. Marketing strategy covers the 4 P's of product, place, price, and promotion. The document also describes the steps in conducting marketing research, including identifying information needs, searching secondary data sources, collecting primary data through surveys or observations, and interpreting the results. Effective marketing research is important for developing a strong marketing plan tailored to the business.
Small Business Management Chapter 13 PowerPointLeahBusby1
This document discusses planning for harvesting (exiting) a business. It covers the importance of having a harvest plan, methods for harvesting like selling the firm, distributing cash flows, initial public offerings, and private equity recapitalizations. When selling a firm, it's important to consider valuation and payment methods. An effective harvest plan should anticipate the harvest years in advance, expect emotional and cultural conflicts, get good advice, understand personal motivations, and consider plans after exiting.
Small Business Management Chapter 10 PowerPointLeahBusby1
This document provides an overview of key financial statements - the income statement, balance sheet, and statement of cash flows. It discusses the purpose and components of each statement. The income statement shows a firm's profits/losses over time. The balance sheet presents assets, liabilities, and equity at a point in time. The statement of cash flows identifies cash inflows and outflows from operating, investing, and financing activities. Examples from a company called JM Dalton, Inc. illustrate how to read each type of statement and calculate cash flows using information from the income statement and balance sheets. Understanding these financial statements is important for evaluating a firm's performance and financial position.
Small Business Management Chapter 14 PowerPointLeahBusby1
This document discusses building customer relationships through customer relationship management (CRM). It covers defining CRM and its importance for small businesses. Extraordinary customer service, technology tools for CRM, and understanding consumer behavior are also discussed. The significance of customer satisfaction, service, and retention are emphasized. CRM software, databases, and alternative systems are examined as ways to optimize relationships and business outcomes through focused customer strategies.
Small Business Management Chapter 2 PowerPointLeahBusby1
This document discusses integrity, ethics, and social entrepreneurship in small businesses. It defines integrity as honesty and reliability in doing what is right. Maintaining integrity requires considering how decisions affect stakeholders like customers, employees, and the community. However, small businesses face challenges to integrity like limited resources creating temptation to cut corners. The document suggests building integrity by properly valuing stakeholders, avoiding lies about the business, and contributing to the community. Social entrepreneurship also influences small businesses to have positive social impacts.
Small Business Management Chapter 22 PowerPointLeahBusby1
This document discusses managing working capital and cash flows for small businesses. It defines key terms like working capital, the working capital cycle, accounts receivable, inventory, and cash conversion period. The document uses examples to illustrate how these concepts impact a company's balance sheet and cash flows over time. Effective working capital management is important for small businesses to meet operating needs and avoid cash flow problems.
Small Business Management Chapter 23 PowerPointLeahBusby1
This document discusses managing risk for businesses. It covers defining business risk, identifying types of pure risk like property, liability and personnel risks. It then describes the risk management process of identifying, evaluating and selecting methods to manage risks through risk control or risk financing. Specific insurance policies for property, casualty, life and health are also summarized. The key aspects of risk management and common insurance coverage for businesses are outlined.
Small Business Management Chapter 16 PowerPointLeahBusby1
This document provides an overview of Chapter 16 - Pricing and Credit Decisions from an educational textbook. The chapter covers setting prices based on costs and customer demand, using tools like break-even analysis and markup pricing. It also discusses extending credit to customers and managing the risks and benefits of providing credit. Specific topics covered include elasticity of demand, penetration pricing strategies, factors that influence granting credit, and types of credit available. The overall aim is to help readers understand how to make effective pricing and credit-related decisions for their business.
Small Business Management Chapter 17 PowerPointLeahBusby1
This chapter discusses promotional planning for small businesses. It covers determining an appropriate promotional budget through methods like allocating a percentage of sales or matching competitor spending. The chapter also addresses how the internet and social media are changing promotion, with over half the world's population now online. It emphasizes the importance of small businesses establishing an online presence through a user-friendly website in order to connect with customers and compete with other companies.
Small Business Management Chapter 4 PowerPointLeahBusby1
This document discusses franchising and buying existing businesses. It defines what a franchise is and provides terminology related to franchising. The pros and cons of franchising are examined, including the costs associated with being a franchisee. The document outlines the process for evaluating potential franchise opportunities and existing business purchase opportunities, including investigating the franchise concept and franchisor.
Small Business Management Chapter 1 PowerPointLeahBusby1
This document provides an overview of key concepts from Chapter 1 of an entrepreneurship textbook. It discusses the importance of small businesses and entrepreneurship in the economy. Small businesses are defined as having fewer than 500 employees and account for over 99% of all businesses. The chapter distinguishes between small businesses and entrepreneurship, describing entrepreneurs as willing to create value while assuming risks and rewards. It explores various motivations for becoming an entrepreneur like personal fulfillment, independence, and financial rewards. The chapter also examines how small businesses can compete against larger companies through integrity, customer focus, innovation, and niche markets.
Small Business Management Chapter 21 PowerPointLeahBusby1
This document provides an overview of chapter 21 from a business textbook, which discusses managing small business operations. The chapter covers topics like how operations enhance competitiveness, inventory management, quality control, and purchasing policies. It defines key terms and concepts relating to operations management in small businesses. The document is divided into sections that address the operations process, inventory management techniques, quality management strategies, and the role of purchasing.
Small Business Management Chapter 19 PowerPointLeahBusby1
This document discusses professional management in small businesses. It covers key topics such as leadership roles, the management process, and managerial tasks of entrepreneurs. As a business grows, its organizational structure and management must adapt. Founders often struggle to transition from hands-on roles to professional management. Effective planning, organizational structures, delegation, and communication are important for professional management as a small business scales.
Small Business Management Chapter 8 PowerPointLeahBusby1
This document discusses organizational structures for small businesses, including management teams, legal forms of organization, and strategic alliances. It covers key topics such as the importance of a strong management team with diverse skills and experience; common legal structures like sole proprietorships, partnerships, and corporations; factors to consider when choosing a legal structure; and the uses of strategic alliances and boards of directors. The document provides details on characteristics, advantages, and disadvantages of different organizational approaches for small businesses.
Small Business Management Chapter 9 PowerPointLeahBusby1
This chapter discusses factors to consider when determining the location for a new brick-and-mortar business. The five key factors are customer accessibility, business environment conditions, availability of resources, the entrepreneur's personal preferences, and site availability and costs. Additional considerations include designing physical facilities to meet functional needs and equipping the space appropriately. Locating a business in the entrepreneur's home or online also presents advantages and challenges to consider.
Small Business Management Chapter 3 PowerPointLeahBusby1
This document provides an overview of chapter 3 from a textbook on starting a small business. The chapter discusses developing startup ideas, including different types of ideas and common sources of ideas. It also covers using innovative thinking to generate ideas and analyzing ideas both from an outside-in and inside-out perspective. The chapter describes integrating internal and external analyses using a SWOT analysis and selecting strategies to capture opportunities, including broad-based and focus strategies. The overall chapter aims to guide entrepreneurs through the process of developing, analyzing, and selecting startup business ideas.
Small Business Management Chapter 18 PowerPointLeahBusby1
This document provides an overview of global opportunities for small businesses. It discusses how globalization has encouraged more small businesses to expand internationally. Some key points include:
- Small businesses and startups are responsible for about one-third of US exports and many launch with the intent of engaging in cross-border business.
- Global expansion allows businesses to access larger markets, resources, lower costs, and take advantage of location-specific opportunities.
- Common strategies for small businesses to engage globally include exporting, importing, licensing, franchising, strategic alliances, and establishing foreign facilities. Each strategy has advantages and challenges to consider.
- Expanding into international markets requires understanding foreign business environments and adapting operations accordingly.
This chapter discusses attracting and retaining employees. It covers the major components of human resource management including planning, job analysis, recruiting, selection, orientation, compensation, benefits, training and development. Specific topics include cultural diversity, types of compensation, analyzing training needs, and common training methods. The overall goal of HRM is to acquire, maintain and develop an organization's human resources.
Chapter 07 using accounting informationNur Khalida
This document provides an overview of accounting concepts including:
1. It explains why accurate accounting information and audited financial statements are important for stakeholders like bankers, creditors, investors, and government agencies.
2. It identifies the primary users of accounting information as managers within a company, as well as external stakeholders. It also discusses career opportunities in accounting.
3. It provides a high-level overview of key accounting concepts like the accounting equation, the accounting process, how to read an income statement and balance sheet, and the statement of cash flows.
Chapter 06 understanding information and e businessNur Khalida
This chapter discusses understanding information and e-business. It outlines the learning objectives which include examining how information can reduce risk, describing management's information requirements, and explaining the meaning of e-business. The chapter also discusses how a management information system collects, stores, processes, and presents information to help employees make better decisions and gives examples of how e-business satisfies customer needs online through virtual products and services.
Chapter 01 the environment of business - an introduction to business and econ...Nur Khalida
This document provides an overview of key topics in an introductory business and economics chapter, including:
1) It defines business as the organized effort of individuals to produce and sell goods and services for a profit. It also discusses the four factors of production.
2) It outlines two main types of economic systems - capitalism and command economies (socialism and communism). Capitalism relies on private ownership and markets, while command economies involve greater government control.
3) It discusses measuring economic performance through concepts like productivity and discusses how the US has a mixed economy with elements of both capitalism and socialism.
Employees highly value paid vacation time and see it as almost as important as base salary. Paid vacation was the sixth most important benefit to employees out of all benefits, more so than retirement benefits. The importance of paid vacation increased from 2007 to 2009, while other work-life benefits like flexible schedules and telecommuting saw modest declines. Employees prefer receiving additional paid vacation days over sick days and view vacation time as providing two to three times more value than the same number of sick days. However, if given a choice between only five days of paid time off, employees would prefer to receive sick leave over vacation days.
This webinar, from July 25, 2012, features it staffing thought leader and speaker Matthew J. Ripaldi and discusses how to get mid-market businesses to accomplish big goals while working with limited resources.
Topics discussed include:
• The impact of the economy on the job market
• The high costs of making the wrong hire
• Best practices for hiring & retaining IT talent
• Methods for incorporating metrics in an interview evaluation
HR Digital Transformation Workshop.pptxNinjaGaming72
This document discusses the top barriers to digital transformation according to a survey of Singapore SMEs. The top 5 barriers are:
1. High cost of digital transformation solutions
2. Lack of digitally skilled workforce
3. Uncertain economic environment due to COVID-19 pandemic
4. Low awareness of available government grants to support digitalization
5. Not having the right technology partner
The document provides examples of SMEs that successfully underwent digital transformation and discusses strategies for SMEs to overcome these barriers, including leveraging government grants, training existing staff, and carefully selecting the right technology partner.
Small Business Management Chapter 2 PowerPointLeahBusby1
This document discusses integrity, ethics, and social entrepreneurship in small businesses. It defines integrity as honesty and reliability in doing what is right. Maintaining integrity requires considering how decisions affect stakeholders like customers, employees, and the community. However, small businesses face challenges to integrity like limited resources creating temptation to cut corners. The document suggests building integrity by properly valuing stakeholders, avoiding lies about the business, and contributing to the community. Social entrepreneurship also influences small businesses to have positive social impacts.
Small Business Management Chapter 22 PowerPointLeahBusby1
This document discusses managing working capital and cash flows for small businesses. It defines key terms like working capital, the working capital cycle, accounts receivable, inventory, and cash conversion period. The document uses examples to illustrate how these concepts impact a company's balance sheet and cash flows over time. Effective working capital management is important for small businesses to meet operating needs and avoid cash flow problems.
Small Business Management Chapter 23 PowerPointLeahBusby1
This document discusses managing risk for businesses. It covers defining business risk, identifying types of pure risk like property, liability and personnel risks. It then describes the risk management process of identifying, evaluating and selecting methods to manage risks through risk control or risk financing. Specific insurance policies for property, casualty, life and health are also summarized. The key aspects of risk management and common insurance coverage for businesses are outlined.
Small Business Management Chapter 16 PowerPointLeahBusby1
This document provides an overview of Chapter 16 - Pricing and Credit Decisions from an educational textbook. The chapter covers setting prices based on costs and customer demand, using tools like break-even analysis and markup pricing. It also discusses extending credit to customers and managing the risks and benefits of providing credit. Specific topics covered include elasticity of demand, penetration pricing strategies, factors that influence granting credit, and types of credit available. The overall aim is to help readers understand how to make effective pricing and credit-related decisions for their business.
Small Business Management Chapter 17 PowerPointLeahBusby1
This chapter discusses promotional planning for small businesses. It covers determining an appropriate promotional budget through methods like allocating a percentage of sales or matching competitor spending. The chapter also addresses how the internet and social media are changing promotion, with over half the world's population now online. It emphasizes the importance of small businesses establishing an online presence through a user-friendly website in order to connect with customers and compete with other companies.
Small Business Management Chapter 4 PowerPointLeahBusby1
This document discusses franchising and buying existing businesses. It defines what a franchise is and provides terminology related to franchising. The pros and cons of franchising are examined, including the costs associated with being a franchisee. The document outlines the process for evaluating potential franchise opportunities and existing business purchase opportunities, including investigating the franchise concept and franchisor.
Small Business Management Chapter 1 PowerPointLeahBusby1
This document provides an overview of key concepts from Chapter 1 of an entrepreneurship textbook. It discusses the importance of small businesses and entrepreneurship in the economy. Small businesses are defined as having fewer than 500 employees and account for over 99% of all businesses. The chapter distinguishes between small businesses and entrepreneurship, describing entrepreneurs as willing to create value while assuming risks and rewards. It explores various motivations for becoming an entrepreneur like personal fulfillment, independence, and financial rewards. The chapter also examines how small businesses can compete against larger companies through integrity, customer focus, innovation, and niche markets.
Small Business Management Chapter 21 PowerPointLeahBusby1
This document provides an overview of chapter 21 from a business textbook, which discusses managing small business operations. The chapter covers topics like how operations enhance competitiveness, inventory management, quality control, and purchasing policies. It defines key terms and concepts relating to operations management in small businesses. The document is divided into sections that address the operations process, inventory management techniques, quality management strategies, and the role of purchasing.
Small Business Management Chapter 19 PowerPointLeahBusby1
This document discusses professional management in small businesses. It covers key topics such as leadership roles, the management process, and managerial tasks of entrepreneurs. As a business grows, its organizational structure and management must adapt. Founders often struggle to transition from hands-on roles to professional management. Effective planning, organizational structures, delegation, and communication are important for professional management as a small business scales.
Small Business Management Chapter 8 PowerPointLeahBusby1
This document discusses organizational structures for small businesses, including management teams, legal forms of organization, and strategic alliances. It covers key topics such as the importance of a strong management team with diverse skills and experience; common legal structures like sole proprietorships, partnerships, and corporations; factors to consider when choosing a legal structure; and the uses of strategic alliances and boards of directors. The document provides details on characteristics, advantages, and disadvantages of different organizational approaches for small businesses.
Small Business Management Chapter 9 PowerPointLeahBusby1
This chapter discusses factors to consider when determining the location for a new brick-and-mortar business. The five key factors are customer accessibility, business environment conditions, availability of resources, the entrepreneur's personal preferences, and site availability and costs. Additional considerations include designing physical facilities to meet functional needs and equipping the space appropriately. Locating a business in the entrepreneur's home or online also presents advantages and challenges to consider.
Small Business Management Chapter 3 PowerPointLeahBusby1
This document provides an overview of chapter 3 from a textbook on starting a small business. The chapter discusses developing startup ideas, including different types of ideas and common sources of ideas. It also covers using innovative thinking to generate ideas and analyzing ideas both from an outside-in and inside-out perspective. The chapter describes integrating internal and external analyses using a SWOT analysis and selecting strategies to capture opportunities, including broad-based and focus strategies. The overall chapter aims to guide entrepreneurs through the process of developing, analyzing, and selecting startup business ideas.
Small Business Management Chapter 18 PowerPointLeahBusby1
This document provides an overview of global opportunities for small businesses. It discusses how globalization has encouraged more small businesses to expand internationally. Some key points include:
- Small businesses and startups are responsible for about one-third of US exports and many launch with the intent of engaging in cross-border business.
- Global expansion allows businesses to access larger markets, resources, lower costs, and take advantage of location-specific opportunities.
- Common strategies for small businesses to engage globally include exporting, importing, licensing, franchising, strategic alliances, and establishing foreign facilities. Each strategy has advantages and challenges to consider.
- Expanding into international markets requires understanding foreign business environments and adapting operations accordingly.
This chapter discusses attracting and retaining employees. It covers the major components of human resource management including planning, job analysis, recruiting, selection, orientation, compensation, benefits, training and development. Specific topics include cultural diversity, types of compensation, analyzing training needs, and common training methods. The overall goal of HRM is to acquire, maintain and develop an organization's human resources.
Chapter 07 using accounting informationNur Khalida
This document provides an overview of accounting concepts including:
1. It explains why accurate accounting information and audited financial statements are important for stakeholders like bankers, creditors, investors, and government agencies.
2. It identifies the primary users of accounting information as managers within a company, as well as external stakeholders. It also discusses career opportunities in accounting.
3. It provides a high-level overview of key accounting concepts like the accounting equation, the accounting process, how to read an income statement and balance sheet, and the statement of cash flows.
Chapter 06 understanding information and e businessNur Khalida
This chapter discusses understanding information and e-business. It outlines the learning objectives which include examining how information can reduce risk, describing management's information requirements, and explaining the meaning of e-business. The chapter also discusses how a management information system collects, stores, processes, and presents information to help employees make better decisions and gives examples of how e-business satisfies customer needs online through virtual products and services.
Chapter 01 the environment of business - an introduction to business and econ...Nur Khalida
This document provides an overview of key topics in an introductory business and economics chapter, including:
1) It defines business as the organized effort of individuals to produce and sell goods and services for a profit. It also discusses the four factors of production.
2) It outlines two main types of economic systems - capitalism and command economies (socialism and communism). Capitalism relies on private ownership and markets, while command economies involve greater government control.
3) It discusses measuring economic performance through concepts like productivity and discusses how the US has a mixed economy with elements of both capitalism and socialism.
Employees highly value paid vacation time and see it as almost as important as base salary. Paid vacation was the sixth most important benefit to employees out of all benefits, more so than retirement benefits. The importance of paid vacation increased from 2007 to 2009, while other work-life benefits like flexible schedules and telecommuting saw modest declines. Employees prefer receiving additional paid vacation days over sick days and view vacation time as providing two to three times more value than the same number of sick days. However, if given a choice between only five days of paid time off, employees would prefer to receive sick leave over vacation days.
This webinar, from July 25, 2012, features it staffing thought leader and speaker Matthew J. Ripaldi and discusses how to get mid-market businesses to accomplish big goals while working with limited resources.
Topics discussed include:
• The impact of the economy on the job market
• The high costs of making the wrong hire
• Best practices for hiring & retaining IT talent
• Methods for incorporating metrics in an interview evaluation
HR Digital Transformation Workshop.pptxNinjaGaming72
This document discusses the top barriers to digital transformation according to a survey of Singapore SMEs. The top 5 barriers are:
1. High cost of digital transformation solutions
2. Lack of digitally skilled workforce
3. Uncertain economic environment due to COVID-19 pandemic
4. Low awareness of available government grants to support digitalization
5. Not having the right technology partner
The document provides examples of SMEs that successfully underwent digital transformation and discusses strategies for SMEs to overcome these barriers, including leveraging government grants, training existing staff, and carefully selecting the right technology partner.
The document discusses upskilling and reskilling the workforce through credentialing programs. It provides examples of how ForgeRock implemented a credentialing program called the Partner Academy to assess and develop the skills of their partners and employees. The program uses digital badges and learning paths to gamify the process and provide recognition of achievements.
The document discusses careers and individual development, including career experiences, job assignments, and dealing with career plateaus. It addresses common early career dilemmas and provides strategies for managing career plateaus. Specifically, it explores the causes of career plateaus, such as downsizing, lack of promotion opportunities, and outdated skills. It also examines the effects of career plateaus on employees and organizations, including decreased motivation, productivity and satisfaction, as well as increased turnover. Finally, the document suggests developing career strategies, networking, and focusing on self-growth as ways to mitigate the negative effects of career plateaus.
Getting Through the Fear Factor When Hiring Tech Talents.pdfaNumak & Company
The more profound constraint is a further factor in making a perfect selection when hunting for tech talents. While recruiters are focused and determined on hiring competent candidates for vacant spaces, they should also consider reducing strictness in the process, for example, the years of experience and compulsory finished education level. Since the American survey tells that most candidates' educational backgrounds are not in-line with their experience because they acquire knowledge of other skills while holding a post.
Perhaps, since these candidates are well experienced, they should be considered, while employers cut down a little to test their knowledge.
Small Business Management Chapter 15 PowerPointLeahBusby1
This document discusses product development and supply chain management. It covers challenges of business growth, the role of innovation, product life cycles, and new product development processes. Key points include: small businesses produce many innovations but success is rare; innovation allows competitive advantages but risks failure; the product life cycle has introduction, growth, maturity, and decline stages; and new product development involves idea generation, analysis, product creation, and testing. Managing these factors is important for business survival and growth.
BIZGrowth Strategies - The Great Resignation Special EditionCBIZ, Inc.
The Great Resignation continues to plague organizations across the country. It has exacerbated a host of employer challenges, including attraction, retention and engagement of top talent, as well as mitigating new risks. Our experts have developed these articles and linked resources to help your organization combat the mass employee exodus.
Hiring the right senior-level candidates such as accountants, finance managers, and sales executives in Dubai can be challenging due to complex qualifications and regulations. The article outlines five common challenges that lead to bad hiring decisions, including overemphasizing academic credentials over experience. It provides nine tips for securing the right candidates, such as creating detailed job profiles, focusing candidate searches on both active and passive job seekers, and conducting thorough background checks. Alliance Recruitment Agency UAE is an expert recruitment agency that can assist companies in Dubai with finding qualified senior-level talent.
DRIVING PRODUCTIVITY AND SERVICE DELIVERY IN THE COVID-19 STORM : WHY SMALL BUSINESS SHOULD EMBRACE HR SYSTEM IN DRIVING BUSINESS : Paul Nyausaru, Zimbabwe
The document discusses challenges with the current onboarding process and proposes a solution to modernize onboarding at an organization. Key points include: the onboarding process is lengthy, inconsistent, and leads to low employee engagement and high turnover; a modernized onboarding solution would standardize the process, provide resources to help employees integrate, and enable insights to improve the process over time. The proposed solution is Dynamics 365 for Talent: Onboard, which aims to accelerate time to productivity for new hires.
For the full video of this presentation, please visit: https://www.edge-ai-vision.com/2023/09/90-of-tech-start-ups-fail-what-the-other-10-know-a-presentation-from-connected-vision-advisors/
Simon Morris, Executive Advisor at Connected Vision Advisors, presents the “90% of Tech Start-Ups Fail. What Do the Other 10% Know?” tutorial at the May 2023 Embedded Vision Summit.
Morris is fortunate to have led three tech start-ups with three successful exits. He received a lot of advice along the way from venture investors, co-founders, colleagues, competitors, customers and other tech entrepreneurs. He has always been fascinated by the success and failure stories of businesses in general, and tech start-ups in particular. What are the common factors that lead some to succeed while most fail?
In this talk, Morris explores the most important success factors, with a focus on the last decade of computer vision and edge AI start-ups. His own experiences as well what he has learned from others suggests that the most important success factors include a very clear understanding of the target customer and market need; a clear-eyed quantification of both the value that the solution brings to customers and its differentiation vs. competitors; a robust go-to-market strategy that can achieve repeatable and scalable growth; and a strong, diverse leadership team.
The document discusses how social business adoption can help organizations address common issues through collaborative patterns. It provides examples of customers who saw measurable benefits from taking a social business approach, such as a 30% increase in speed of access to experts. The document advocates establishing business goals and priorities, then mapping them to potential ROI through social business patterns. It also discusses vision setting and adoption planning workshops to develop business cases and project plans for social business.
Presentation of project of business person who are successPratikSingh115843
The article discusses three surefire ways to connect with your interviewer during a job interview. The first tip is to research your interviewer's background and career history to find potential commonalities. The second tip is to avoid compliments about personal appearance and instead compliment the interviewer's contributions and value to the company. The third tip is to answer interview questions using storytelling, which can help engage the interviewer and ace tough questions.
A strong communication capability between the business and IT ensures the alignment of business requirements with delivered IT functionality and value. Use this storyboard to understand common barriers to effective requirements management, tactical solutions to overcome these barriers, and how to achieve a high level of project success.
This storyboard will help you:
•Understand the common barriers to effective requirements management
•Learn how organizations have solved these challenges
•Implement your own tactical solutions to enable effective communication of business requirements for IT projects in your organization
•Achieve a high level of project success
Whether an organization develops its own applications or implements packaged solutions, the success of the project depends on the clear communication of business requirements in terms IT can understand and deliver.
Age diverse work groups are more productive!Joe Slade
According to the Bureau of Labor Statistics (BLS), age-diverse teams demonstrate both deep business experience and a network of friends and colleagues built over 3-5 decades. They also found that workers over 55 are more loyal. In 2016, workers above the age of 55 had a median tenure of more than ten years with an employer vs. 2.8 years for Millennials. We’re not knocking Millennials, just making sure you are aware of why skill sets are not always the answer.
When recruited and managed purposefully, multi-generational work forces are more productive and have less turnover than those in companies without age diversity.
Lesson 23 Mega Firm - Company law- By Dipti DhakulDipti Dhakul
What is Multidisciplinary/Mega Firm?
Why do we need such firms, list the pre-requisites for such firms, benefits and risks?
Benefits and Risks of Mega Firms
Similar to Busby LSCO Chapter 20 PowerPoint BUSG 2309 (20)
3 Simple Steps To Buy Verified Payoneer Account In 2024SEOSMMEARTH
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The Evolution and Impact of OTT Platforms: A Deep Dive into the Future of Ent...ABHILASH DUTTA
This presentation provides a thorough examination of Over-the-Top (OTT) platforms, focusing on their development and substantial influence on the entertainment industry, with a particular emphasis on the Indian market.We begin with an introduction to OTT platforms, defining them as streaming services that deliver content directly over the internet, bypassing traditional broadcast channels. These platforms offer a variety of content, including movies, TV shows, and original productions, allowing users to access content on-demand across multiple devices.The historical context covers the early days of streaming, starting with Netflix's inception in 1997 as a DVD rental service and its transition to streaming in 2007. The presentation also highlights India's television journey, from the launch of Doordarshan in 1959 to the introduction of Direct-to-Home (DTH) satellite television in 2000, which expanded viewing choices and set the stage for the rise of OTT platforms like Big Flix, Ditto TV, Sony LIV, Hotstar, and Netflix. The business models of OTT platforms are explored in detail. Subscription Video on Demand (SVOD) models, exemplified by Netflix and Amazon Prime Video, offer unlimited content access for a monthly fee. Transactional Video on Demand (TVOD) models, like iTunes and Sky Box Office, allow users to pay for individual pieces of content. Advertising-Based Video on Demand (AVOD) models, such as YouTube and Facebook Watch, provide free content supported by advertisements. Hybrid models combine elements of SVOD and AVOD, offering flexibility to cater to diverse audience preferences.
Content acquisition strategies are also discussed, highlighting the dual approach of purchasing broadcasting rights for existing films and TV shows and investing in original content production. This section underscores the importance of a robust content library in attracting and retaining subscribers.The presentation addresses the challenges faced by OTT platforms, including the unpredictability of content acquisition and audience preferences. It emphasizes the difficulty of balancing content investment with returns in a competitive market, the high costs associated with marketing, and the need for continuous innovation and adaptation to stay relevant.
The impact of OTT platforms on the Bollywood film industry is significant. The competition for viewers has led to a decrease in cinema ticket sales, affecting the revenue of Bollywood films that traditionally rely on theatrical releases. Additionally, OTT platforms now pay less for film rights due to the uncertain success of films in cinemas.
Looking ahead, the future of OTT in India appears promising. The market is expected to grow by 20% annually, reaching a value of ₹1200 billion by the end of the decade. The increasing availability of affordable smartphones and internet access will drive this growth, making OTT platforms a primary source of entertainment for many viewers.
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