Here’s a question: Should you get enterprise resource planning (ERP) software, or should you opt for customer relationship management (CRM) software? You’ll probably say, “We’ll take whichever is better.” We wish it were that easy, but it’s not. You see, enterprise...
Case Study
How to Write a Business Plan in 2023 (Step by Step)
It's true what Benjamin Franklin said: "By failing to plan, you are preparing to fail." Try to hold a conference without a plan and see what happens. Even the most carefree vacation requires a modicum of planning. You'd at least need to decide on your general...
Why Risk Management Is Important, Its Function And Benefits
In a world where uncertainty is the only constant, embracing risk management is not a choice but a strategic imperative for organizations as it stands as a cornerstone of strategic decision-making and long-term success. But what, exactly, is risk management? And why...
The 6 Best Practices That Can Help You Prepare for a Successful IT Audit
An employee on a coffee break loaded Facebook on his work computer. He reacted to posts, shared memes, and clicked links to read interesting stories. Unknown to him, one of the links downloaded malware to his computer, triggering his company email to send...
A Finger in Every Pie: Why Micromanagement Can Harm Your Business
Micromanagers are bosses, executives and managers who aren’t satisfied with standard operating procedures development and letting staff do their jobs according to established processes and procedures. Instead, they watch their employees like a hawk. They...
The Importance of Teamwork in the Workplace
A dragon boat is a fascinating thing. Typically constructed of solid teak, it can be as heavy as a mature Holstein cow. Yet, in motion, it looks so light, gliding gracefully on the water — and the secret is teamwork. The importance of teamwork in dragon boat teams...
3 Business Pain Points an ERP Solution Can Solve Effectively
Today’s enterprise resource planning (ERP) solutions have come a long way. Modern ERP services use cloud computing, AI, and machine learning to deliver better automation, efficiency, and insights than ever before. This is great news for small and mid-size enterprises...
Why Seek Business Advisory? 5 Benefits to Acquiring the Services
A business advisory team can provide you with informed, logical business advice, whether you are just starting out or running a well-established, larger organization. If you require help with financial planning, business forecast, risk advisory, business process...
5 Risk Management Stages and Ways They Affect Your Business
Risk management is a process that allows organizations to identify the risks that threaten their value, capital, earnings, and reputation and decide what they can do to prevent them or lessen their impact. Conventionally, organizations use the risk management process...