NEWS
5 common challenges in company budgeting and budget control
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.
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How to make business decisions within a strategic context
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.
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What role does motivation play in managing an organisation?
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.
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How will social media continue to dominate business communications?
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.
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How education can help UK’s soft skills crisis | LSBF Blog
The UK may be suffering from a soft skills crisis which could threaten business productivity, a recent study by Instructure has found.
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Why should you focus on consumer behaviour for targeted marketing?
Imagine standing at the supermarket, in front of the hair products aisle, and choosing a single shampoo from the dozens of varieties sitting there.
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What has contributed to the global popularity of international businesses?
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.
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The role of Data Science culture in the application of organisational analytics
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.
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How can efficient project management enhance your leadership skills?
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.
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Essentials of an exceptional leadership development programme
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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What is the difference between an international business degree and a traditional business degree?
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.
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Why study AAT accounting?
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.
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Great Minds: Anne-Marie Martin talks about gender balance in managerial roles
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.
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Why should you choose a career in business administration?
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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How to design a management development programme
The systematic process of training by which individuals gain managerial skills is referred to as management development.
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What is strategic brand management?
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.
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Best Practices for Global Marketing
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.
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Why study managerial finance?
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.
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What are Risk Management Techniques in Project Financing?
Large-scale infrastructure projects running across the world play a major role for the development of global economy.
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We Need to Talk About Mental Health
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.
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When to Use Project Management
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.
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What is the Purpose of Continuing Professional Development (CPD)?
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.
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When to Use Content Marketing
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!
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All you need to know about dual degrees
Among the toughest decisions to take in life, choosing a career path will probably rank among the highest.
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LSBF TV is back!
We are delighted to announce the return of LSBF TV this February 15th! The series was so popular last time that we just had to bring it back!
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