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Succession planning is a critical challenge for almost every family business which is managed by family members. Family firms with a defined road map for succession are still not the norm, although…
The previous article suggested that the treasury should take on a more strategic role.
Don’t be a victim of some common misconceptions regarding IT security.
Many CFOs focus mainly on minimising operational risk. At the same time, however, they are creating a blind spot in the area of optimising liquidity.
The creation of user personas should be taken seriously. The effort you put into creating them will definitely pay off later.
Recently Uber announced a new round of layoffs. Its numbers of people employed in product and engineering roles are to be reduced by some 8%. The main motivation of the company is streamlining its…
If you have ever wondered why it is difficult for large companies to innovate, the previous article offered a good example of the possible roots of the problem. Now we will look at a few more cases –…
Researchers from Florida State University reviewed 81 highly pertinent studies to find out how important the prior work experience of a new hire should be. It turns out that previous experience doesn’…
Let's look at some factors and issues that prevent large companies from being more innovative.
When discussing corruption, it is easy to make sweeping moral statements and condemn injustice. But combating corruption is not about finding and eradicating bad, evil people in companies, ministries…
The previous article described how not only floods but also a decline in sales revenues can interrupt your business if you don’t have enough cash on hand. Now we will learn more about how to prepare…
Base the career culture in your company on experience and what interests a given individual rather than on titles and promotions. That way you can reduce expenses on new hires and will also be better…
Days cash on hand is a metric that helps you estimate the number of days your organisation would be able to continue operating only with the cash it has available today.
The previous article described what customer experience is actually about and how to jump-start efforts in this area. Now check out the following ideas, which are excellent first steps if you decide…
If you have never really thought about improving customer experience, you may welcome a hint about where to start. And even if you do have some activities related to assessing and improving the…
