farademetre · 5 months ago
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InvestTalk - 8-23-2023 – Is Value Investing as Cheap as It’s Ever Been?
One expert asserts that certain industries are detached from company value when comparing growth versus value.
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vinnovatetechnologies · 7 months ago
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Did you know that leveraging chatbots can provide substantial value to business owners? From enhanced customer engagement to streamlined operations, discover how chatbots can revolutionize your business! ����💬
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mikesparow1 · 9 months ago
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Redefining the Role of CFOs in Talent Development
Manage CFO Magazine:
Talent development encompasses the strategic process of attracting, nurturing, and empowering individuals to steer an organization toward its objectives. This mission is of paramount importance, particularly within the realm of CFOs.
Given their oversight of an organization's financial well-being, CFOs are instrumental in ensuring a capable workforce that can effectively execute the company's strategies. Their involvement in devising and implementing talent management strategies that dovetail with the overall business objectives can bolster an organization's prospects.
Here's how CFOs can contribute to talent management in a meaningful way:
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Strategic Alignment: Collaborating with HR leaders, CFOs can ensure that talent management strategies align with the organization's overarching business goals. This entails pinpointing the requisite skills and proficiencies needed to realize these objectives and devising plans to attract, retain, and cultivate employees possessing these essential attributes.
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hospitalitybussines · 9 months ago
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The Symphony of Sound: Harnessing Sonic Branding for Lasting Brand Resonance
Manage Marketing:
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in the contemporary marketplace, where brands vie for attention amidst a cacophony of messages, sonic branding emerges as a potent tool for crafting a unique and memorable identity. Sonic branding, strategically employing sound to establish a distinct brand image, surpasses mere jingles or taglines; it encompasses the entire auditory experience associated with a brand, from the opening notes of an advertisement to the in-store ambiance.
The efficacy of sonic branding lies in its capacity to tap into the subconscious, eliciting emotions and associations that deeply resonate with consumers. A meticulously crafted sonic identity can become an inseparable part of a brand's essence, promptly triggering recognition and fostering brand loyalty. Examples like the iconic roar of a lion for MGM, the soothing chime of Intel's Pentium processor, and the catchy melody of McDonald's "I'm Lovin' It" all attest to the power of sonic branding, embedding itself into the collective consciousness.
Developing a successful sonic branding strategy necessitates a profound understanding of the brand's values, target audience, and desired positioning. It involves the meticulous selection of sonic elements, such as music, voiceovers, and sound effects, aligning them with the brand's personality and messaging. The sonic identity should maintain consistency across all touchpoints, spanning digital platforms to physical environments, ensuring a unified brand experience.
The advantages of sonic branding extend beyond mere brand recognition. It can elevate brand storytelling, constructing a compelling narrative that resonates emotionally with consumers. Furthermore, it can influence purchasing decisions, as studies indicate that positive sonic associations can lead to heightened brand preference and increased sales. Additionally, sonic branding can fortify brand loyalty by cultivating a sense of belonging and emotional connection with consumers.
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itiltlabs · 1 year ago
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The Benefits of Digital Twins in Manufacturing
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The manufacturing sector is ripe for transformation through digital twin technology. Digital twins are virtual models of physical systems that use real-time data to enable simulation, monitoring, and control. For manufacturers, the benefits are far-reaching: 🔎 Enhanced Visibility Digital twins provide complete visibility into every aspect of operations - from product design to supply chain logistics. Integrating sensors, equipment, and systems data can proactively identify and address issues. 🏭Smarter Factories Digital twins support modeling, testing, and optimizing factory layouts and production processes before implementation. Manufacturers can create dynamic digital representations of the entire plant to streamline operations. ⏱️ Reduced Downtime With real-time insights into machine performance, upcoming maintenance needs can be anticipated. Predictive analytics empower manufacturers to minimize downtime and achieve optimal OEE. 🔋Optimized Energy Use Digital twins help identify opportunities for energy savings across facilities while maintaining output. This leads to lower costs and a reduced environmental footprint. 📈 Enhanced Agility Rapid scenario modeling enables faster adaptation to market changes. Digital twins allow manufacturers to be more responsive to dynamic supply-demand environments. Digital twins are instrumental in building smarter, sustainable, and more resilient manufacturing operations by providing end-to-end visibility and leveraging predictive capabilities. Ready to harness the power of Digital Twins for your business? Reach out to us at [email protected] to explore our capabilities and take your operations to the next level.
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exceltricks · 1 year ago
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usnewsper-business · 1 year ago
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4 Ways To Improve Your Business's Value: Exit Planning Is Business Planning #businessexit #businessplanning #businessvalue #exitplanning #exitstrategy
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how2tweaks · 1 year ago
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risansaccounting360 · 2 years ago
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5 Common Methods For Business Valuation https://risiansaccounting.com/
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afzahurahmad123 · 2 years ago
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5 Common Methods For Business Valuation https://risiansaccounting.com/
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metrobusinessadvisors · 2 years ago
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Your Business Shouldn’t be a Fixer Upper
By Dave Driscoll
Most of us have gotten pulled into (at least) one of the home improvement/DIY-type reality shows in which a house is transformed from an outdated eyesore into a stunning, welcoming home that meets the family’s needs. As soon as you begin watching the episode, you become invested and can’t walk away until you see the finished product. It doesn’t hurt that some dramatic problem is usually discovered that must be solved creatively. Maybe these shows are popular because deep down, we like to believe that old things can be renewed, rejuvenated and given new life. Many of us also like the challenge of solving a problem effectively and efficiently.
Based on these shows and the widespread trend of flipping houses, a business owner might start to believe that it’s no big deal if weeds and little trees are sprouting from the parking lot pavement or the building shows signs of wear and neglect.
BUT, do not fall into the trap of thinking a prospective buyer will see your business as a fixer upper with “great bones.”
Buyers are looking for profit, not a project!
If walking into your office is like going back to 1960, with metal desks, old filing cabinets, and a tile floor with junk everywhere, a prospective buyer will want to run screaming “back to the future!”
Buyers are savvy enough to know that physical appearance is related to the overall health of the business. Dimly lit spaces, outdated equipment (whether still being used or broken down), or disorganized inventory and work-in-process are red flags of deeper problems. In these conditions, updated financial controls and records are highly unlikely. Things are probably done the way we’ve always done them instead of embracing technology and efficiency. And employees have likely learned to be apathetic and just put in their time with minimal effort.
Quite simply, if you don’t demonstrate care for your facility, employees, and customers on a daily basis, your business value suffers.  
A potential buyer’s first impression is hard to change. Would a stranger walking into your business think "this place has big problems?” Maybe a buyer would consider a couple affordable updates, but health and safety issues, high employee turnover, sub-standard productivity, and increased costs for insurance, overtime, and materials are damaging to profitability and will not be overlooked.  
Like your house, your business immediately projects an image to potential buyers. The “curb appeal” can attract a buyer to your business—or cause them to walk (or run) away without further investigation.
Take some time to work on your business rather than just working in your business.
These three steps will improve your curb appeal and business value: 1. Fix your “leaky faucets”
Buyers expect a productive environment that focuses on employee safety and moral. Owners who are focused on working "in" their business may not see how the plant, equipment, and policies have disintegrated over the years. Think like a buyer and address both the physical and intangible aspects that lower confidence in the business’ ability to thrive.
Clean up the exterior of the facility.
Clean up and clean out old or unused equipment and inventory.
Improve lighting; open up floor space; provide space for collaboration.
Look for telltale signs of bigger problems – for example, if doors won’t close, is there a problem with the foundation?
 Maximize product, labor, and information flow.
Maintain clear, accurate financial records, including seller’s discretionary income.
Educate your employees regarding expectations and maintaining a clean, safe environment.
Hold everyone accountable for maintaining the system.
2. Assemble a company manual
Assemble written HR Policies and the Employee Handbook.
Document step-by-step procedures, from taking an order or first encounter to final delivery of the product or service.
When you buy a house, you feel more confident if the owner provides instruction manuals and servicing reports for appliances and systems. Similarly, a potential buyer considering your company wants to know that your business information is in order. 
Documentation promotes consistency, repeatability and accountability, reassuring the buyer that they can maintain customer satisfaction, as well as profitability. Clearly communicated rules and expectations enhance employee relations.
This type of corporate hygiene can lead to a higher price for your company, while also lowering the chance of the deal falling apart during due diligence. 
3. Document your intangibles If you were buying a house, you would consider intangibles such as being in a good school district or proximity to your office. Likewise, be sure that a potential buyer is aware of the intangible assets that make your business desirable, such as:
The reason for your success - the company’s unique value proposition
Proprietary operating systems
Intellectual property
Patents, secret recipes
Client agreements or contracts
Pay attention to the details!
Although some improvements may seem merely cosmetic, perception is reality for prospective buyers. Don’t give buyers a reason to question if larger structural problems – physical or systemic - are lurking due to years of neglect. Your business should always be “move-in ready” because transitioning a business to a new owner is a significant project. Expecting a buyer to be willing to DIY for up-to-date business functionality is not realistic.
Don’t wait until you’re ready to sell your business to improve your business’ curb appeal. Not only will you avoid a huge to-do list later, you may be surprised at the increased moral and productivity that result in the meantime.
Dave Driscoll is president of Metro Business Advisors, a mergers & acquisitions, valuation and exit/succession planning firm helping owners of companies with revenue up to $20 million sell their most valuable asset. Reach Dave at [email protected] or (314) 303-5600.  www.MetroBusinessAdvisors.com
As seen in Dave's St. Louis Small Business Monthly column
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operationsinsider · 2 years ago
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"Leading Lean Software Development: Results Are Not the Point" is a book written by Mary Poppendieck and Tom Poppendieck. Mary and Tom Poppendieck are leading experts in the field of Lean Software Development and the authors of several books on the subject. The book provides an in-depth look at how to apply the principles of Lean Thinking to the software development process. The authors argue that traditional software development methods are no longer effective in today's fast-paced and ever-changing business environment, and that organizations must adopt a lean approach to stay competitive. The book is divided into three parts: the first part provides an overview of Lean Thinking, the second part examines how to apply Lean Thinking to the software development process, and the third part provides guidance on how to implement Lean Thinking in an organization. Go to operationsinsider.com to read the full summary including the key takeaways of this book. Link for summaries or purchase in BIO Like❤️/Share✅/comment👇/follow👉@operationsinsider #opex #operationsinsider #LeadingLeanSoftwareDevelopment #LeanSoftwareDevelopment #MaryPoppendieck #TomPoppendieck #AgileMethodologies #Scrum #Kanban #ContinuousDelivery #ContinuousImprovement #ProductDevelopment #ProductManagement #Efficiency #ValueDrivenDevelopment #LeanStartup #BusinessValue #ScaledAgileFramework #WorkflowOptimization #ProcessImprovement #SoftwareEngineering #TeamCollaboration #Leadership #Management #Innovation #SustainableGrowth #CustomerFocus #BusinessStrategy #ValueStreamMapping #continuouslearning (hier: Hollywood Walk of Fame) https://www.instagram.com/p/Cn0xjpCo-Ud/?igshid=NGJjMDIxMWI=
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mikesparow1 · 9 months ago
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Know the Advantages of Outsourcing CFO Services
Manage CFO Magazine :
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Companies, whether small startups or established businesses, are constantly finding ways to streamline operations and maximize profitability. Outsourcing Chief Financial Officer (CFO) services is an innovative solution gaining momentum. Outsourced CFO services provide organizations access to seasoned financial experts without the commitment and costs of hiring a full-time CFO. Employing a full-time CFO involves substantial expenses, including a competitive salary, benefits, and other overhead costs. By opting for an outsourced CFO, companies can tap into the expertise of a financial professional while only paying for the services they use.
The cost-effectiveness allows businesses to allocate resources strategically and invest in areas that drive growth. Outsourced CFO firms comprise a team of seasoned financial professionals with diverse industry backgrounds. The experts bring a wealth of experience and knowledge, offering insights and strategies that can significantly benefit businesses. Their broad perspective allows for a more holistic approach to financial management, helping companies make informed decisions and navigate complex economic challenges effectively. Outsourcing CFO services enables organizations to refocus their internal resources on core business activities.
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applexustechnologies · 2 years ago
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In the unpredictable post-pandemic landscape, enterprises need to stay agile and get more value from their existing investments. Business Process Intelligence (BPI) can help in this by enabling accurate insights into your current processes to identify bottlenecks and find optimization opportunities to elevate critical areas.
In the latest episode of Brief Insights into S/4HANA, Rohit Gupta, lead business consultant delves deeper into how BPI leverages process mining, process modeling, process automation, and benchmarking to identify process improvement, automation, and simplification opportunities to deliver higher business value.    
Read more at https://www.applexus.com/business-transformation-services
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itiltlabs · 1 year ago
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Shaping Smarter Urban Environments Through Geospatial Digital Twins
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🌇Ready to Dive into the Future of Urban Planning? Explore how Geospatial Digital Twins are Transforming Cities! 🌍 Discover how GIS data integration is shaping smarter urban environments. Read the article to learn more! 🏙️ https://lnkd.in/gss4-9bB
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libord · 1 year ago
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