All businesses benefit from having a structured approach to expenditure and resource allocation for meeting the company expenses. Discrepancies arise in business budget planning either because of unforeseen circumstances or poor planning. In such cases, improper budgets might hamper the company’s further growth and expansion.
Read ahead to learn more about five common challenges companies face during budget planning and budgetary control as well as how to resolve them.Read more >>
Decision-making is central to all organisational activities and has to be done with precision and clarity. Business planning begins with identifying medium and long-term goals and subsequently setting guidelines to reach them.Read more >>
Motivation is one of the major factors for driving success. If you want to pursue a corporate career or want to start your own business, read on to learn about the importance of motivation for running a business.Read more >>
Communication is often referred to as the lifeblood of a business, given the high value it holds. It plays an integral role in helping build a powerful relationship with customers and clients. The exchange of information, ideas, plans and a lot more, solely relies on communicating with one another.Read more >>
The UK may be suffering from a soft skills crisis which could threaten business productivity, a recent study by Instructure has found.Read more >>
Imagine standing at the supermarket, in front of the hair products aisle, and choosing a single shampoo from the dozens of varieties sitting there.Read more >>
Globalisation has made communication between countries, regions and people much simpler, allowing businesses to expand globally and have a larger contribution to the global marketplace.Read more >>
What is data science and how can it be used in a business?
Back in the early 90s, artificial intelligence seemed far-fetched. In today’s time, it is a reality. Such advanced technology has ushered the use of big data and the need for storage of such sensitive information.Read more >>
How can efficient project management enhance your leadership skills?
A project manager oversees the various tasks involved in a project or programme to ensure a smooth process from start to finish. Creating a conductive environment and motivating team in the right direction is an essential part of the job.Read more >>
Leadership is not just about giving orders and having them obeyed. To truly lead an individual has to be an innovator and a mentor who inspires staff and encourages them to be productive.
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An international business degree tends to focus on providing students with a cross-cultural perspective, which is essential for those who aspire to work in businesses that operate on a global scale.Read more >>
The Association of Accounting Technicians (AAT) is a professional body for accountants that offers a well sought-after qualification. Students are able to gain practical skills and real world accounting knowledge.Read more >>
Anne-Marie Martin currently holds the position of Director of Global Business Networks at the British Chambers of Commerce. In the latest Great Minds video, she speaks to LSBF about the importance of achieving greater gender balance in the workplace and the fundamentals of being a successful director.Read more >>
For anyone looking to establish themselves in a challenging and fast-paced professional environment, a career in business administration is ideal and can lead you to a range of varied and exciting jobs.
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The systematic process of training by which individuals gain managerial skills is referred to as management development.Read more >>
Strategic brand management is primarily utilised by companies to help their brands and products get global recognition. The term “strategic” signifies that the process deals with long-term plans and assets of a brand.Read more >>
In a world of globalisation, multinational companies and online commercial business, global marketing has emerged as a crucial factor to expand brands at an international level.Read more >>
All major business decisions largely depend on the right management of finances. This is why finance is a crucial function across all organisations, irrespective of industry.Read more >>
Large-scale infrastructure projects running across the world play a major role for the development of global economy.Read more >>
The conversation around mental health is changing drastically. Topics that used to be taboo are starting to be approached much more openly, with people and organisations around the world making active efforts to remove the stigma on mental health.Read more >>
Project management can be one of the most difficult tasks to accomplish in a business. It consists of the process of creating, implementing and supervising a project, which means that project managers must adapt to the requirements of different projects and implement different approaches for each one.Read more >>
Change is constant, and in the ever-changing world we live in, it becomes almost imperative to keep progressing in our professional endeavours. The best option to keep up with this is to use continuing professional development (CPD) programmes.Read more >>
Emails, tweets, product descriptions and landing pages can all be considered examples of marketing content. So let’s take a look at content marketing and when it should be used!Read more >>
Among the toughest decisions to take in life, choosing a career path will probably rank among the highest.Read more >>