Category: Management

Computer Intelligence has dramatically impacted how technology influences our lives, work, and interactions. Using its impressive capability to analyze large volumes of information and acquire understanding, Artificial Intelligence has become a crucial component of multiple business areas. Healthcare and money to travel and fun activities, it has transformed how we do our jobs and stay. This revolutionary innovation can improve processes, improve decision-making, and discover valuable findings that in the past were unreachable. Nevertheless, since AI keeps progressing, it is essential to tackle moral issues like confidentiality, prejudice, and the…

As a Business Mentor and Coach, I often meet business owners who struggle with setting and/ or achieving their Business Goals. The result – business owners start thinking that business goals just do not work for them or that they do not need to set business goals in the first place! Today, let us talk about why we struggle with our business goals. Unrealistic Goals: Want to reach the X million mark? That is a great start to a Business Goal. We aim higher and get our teams to stretch themselves to…

Time management or self-management is the most meaningful aspect of the life of businesses and individuals. Sometimes, it can even turn out to be your biggest threat. Individuals are responsible for how they spend their precious time. The way entrepreneurs and business leaders manage their time is unique to them. Time does not wait for anyone. The cause of someone not following a time management system can be due to various reasons ranging from distractions to not having a clearly defined goal. Time management can kick start by planning. Planning…

A good preplanning strategy will not only help you through a crisis, but it will also help you protect your employees, your business, and the economy in general. If you’re a micro or small business, planning ahead is essential to avoid major losses resulting from a crisis. It’s also an apt way to learn from past experiences and prepare for future crises.  Micro, small and medium-sized enterprises (MSMEs) are crucial to the development of any country. They contribute a substantial portion to GDP, employment, and export. However, despite these benefits,…

In this century, artificial intelligence, automation, and technology can take control over the majority of things. It has changed the course of actions in business life as well as in personal life. In short, the technical revolution has made things convenient and comfortable for humans in all aspects. Some people think it is a big concern because most of the tasks are now automated and require less manpower to perform. Not only this, it has enormously increased the competition between MSMEs, leaders and employees. Hence, it is becoming essential for…

All businesses have the common goal to achieve growth while maintaining the massive quality customers to get supported the excel in the business community. Small business owners make constant initiatives to reach the highest level of business growth to become the next tycoon in the business community. But for Balancing Quality and Growth, the journey needs the face-off with the hurdles and zeal to cross it with a set strategic approach to retain and gain the old and additions to list of quality customers. The customer crowd has been categorized…

Replacing an old phone, or car with a new one is always exciting. This is not the case in the life cycle of a business. Taking business to a new dimension is always difficult for SMEs in this competitive environment. It may sound uncertain, and risky however it is conceivable. An idea can help to commence a business but the formulation and implementation of strong strategies will determine the growth of the business. Every business has two characteristics: Product and Service centric. Both the sectors are inclusive for companies, as…

Change management isn’t just an exercise for big companies in the middle way of transition. Smaller businesses need to help and guide their employees through change. The businesses fail in the execution phase of the change management efforts as per the explanation from the team of senior managers. What is the reason behind the failure? What are the improvement steps that can be the milestone to the change management of a company? The team is here to assist you with the resolving options that can trigger your process to find…