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SOPs or Standard Operating Procedures, as per the WHO, are written manuals that mention, in detail, how a particular procedure like a test or administrative process needs to be performed. SOPs are also relevant to operate machines and equipment, their maintenance, and...
COVID-19 was unexpected. By the time the business sector felt the impact, things had gone out of hand for many. Most business leaders today are still caught in an overwhelming situation and wading through unchartered waters. The journey continues for many...
What is diversity & inclusion? It’s a phrase that outlines the efforts of an organization to create a welcoming environment for employees of diverse backgrounds. A diverse and inclusive workplace is all about respecting the unique needs, perspectives, and...
An Investor Pitch can be defined as a systemic hierarchical presentation of an idea or product or service made by an entrepreneur with the intention to attain funding or business advice from potential investors. An Investor Pitch should be persuasive and should be...
The decision to hire full-time internal consultants or work with external consulting firms on a project-basis is based on several factors including the cost, expertise required, availability of resources, urgency, and the credibility of the in-house vs. external...
The importance of implementing the right strategy for startups The startup-culture has been thriving over the past few years, but more so in 2020, with a lot of people starting to give importance to passive income or losing their full-time jobs and venturing into...
WHAT IS IT? Private company valuation is the set of procedures used to place a value on a company’s current net worth. There are various reasons why a company valuation can be required – for the sake of awareness, legal purposes, or to determine the right price for...
The decision to implement an Enterprise Resource Planning (ERP) system in an organization is a crucial one because it comes with significant costs and requires a certain level of expertise to ensure that the right workflow software is chosen, and that the...
Risk Management, the process that ensures controls are in place to mitigate losses, is a core function of business and a tool to enhance efficiency and productivity. This has become more challenging due to the drastic changes in the practice of setting up a risk...