Any new business setup or an existing organization requires a strong business plan to succeed and survive. Marketing, strategizing and positioning are important aspects of a business plan, but do those aspects matter when there isn’t a good display of some figures and forecasts to understand the company’s current stand and where it’s headed?
The global healthcare industry is growing at a stable, if unspectacular rate, and is expected to earn revenues of over $1.8 trillion this year.
The Indian healthcare industry has turned into one of the country’s largest sectors in terms of both revenue, and employment. The industry has grown at a rapid pace and is expected to be worth over $350 billion in the next few years.
3 practical tips to evolve Budgeting from an annual ritual to a powerful tool to generate better Business Results
Owning a business in the food industry can be both complex and diverse. Food diversity all around the world has cultural sentiments attached to them. One of the foremost cities that is rich in its food ethnicity is India.
How is the finance function tied into company strategy?
During times of crisis, companies go through major restructuring. The Finance and Accounts departments are among the worst affected, often asked to cut costs, analyze risks, and deal with uncertainty.
One of the truths about our lives is that comparisons will never end. When a child is growing up it is all but natural for parents to monitor how their kid is developing
True story. Middle-aged finance professional Marsha in the USA quit her fancy executive job and decided to create a new story of her own. She wanted to put her financial prowess to good use and educate and empower people on their financial abilities, without all the stress and seriousness.
CFOs have changed conventional accounting by shifting to ERP systems in the early 90s, and to AI in the 2000s.
Traditionally, CFOs were the history keepers, accurately keeping records of an organization’s past. However today, CFOs face greater responsibilities than just manage financial transactions and produce reports that explain the company status; CFOs are also asked to be predictive.
ABC Ltd. was established in the year 1960 as a Industrial Product company. The North India-based company later went into backward integration with specialty Base Metal manufacturing and acquiring mines. Over the years it continuously upgraded and diversified its product basket of Industrial Product as well as Base Metal business.
The Middle East consists of 17 countries and we aren’t even talking of North Africa. In this, the Gulf Cooperation Council consists of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
Mergers are typically characterized by a symbiotic relationship, where none of the players are dominant in the newly-formed ‘partnership’ and are expected to be mutually supportive. Towards this, the seminal contribution of Haspeslagh & Jennison in 1991 warrants a mention.
Automation is pretty much a given, and it’s really Intelligent Automation that we should be looking at – the consequences thereof, including the change management techniques that are required. Cloud architecture has ensured that best-in-class software is available as-a-service.