Share to Twitter Share to Linkedin Relying on what’s always worked well can only take a business so far. And when a business is being shaken up by larger industry changes, entrepreneurs have to buckle down to develop a way to ensure their company is able to overcome challenges and persevere. As experts who have battled their own share of challenges over the past few years, the members of Forbes Business Council know what it takes to survive in a difficult market. Below they each share a strategy they've found helpful for maintaining a thriving business in changing times. 1. Embrace A 'Test And Learn' Mentality Things are constantly changing. As a leader, you want to empower the people in your organization to experiment with new ideas, so allow them to fail fast, adjust and learn from those experiences. A culture that embraces a “test and learn” mentality, while also keeping the customer at the center of its strategy, will always be well-positioned … [Read more...] about 14 Strategies For Maintaining A Successful Business In Challenging Times
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BBC World Service recently cut hundreds of jobs and radio services in an effort to switch to a digital platform. The international broadcast network, which is owned by BBC , are slashing a net total of 382 jobs “to create a ‘modern, digital-led and streamlined organisation'” BBC News reported . The network plans to make nearly half of their 41 foreign-language services completely digital “to ‘increase impact with audiences,'” they announced Thursday, according to the outlet. Chinese, Gujarati, Igbo, Indonesian, Pidgin, Urdu, and Yoruba are set to become online-only language services, the outlet reported. No language services are permanently closing. Some TV and radio broadcasts will end operations, however, the outlet reported. Radio broadcasts in 10 languages including Chinese, Arabic, Bengali and Persian, Hindi and Urdu will be canceled, according to the outlet. These changes come as the network is trying to make £28.5 million in annual savings for its international … [Read more...] about BBC Puts Hundreds Of Jobs On The Chopping Block In Push To Go Digital
South Africa As business gathers steam after over two-year COVID-19 lull, an event to be held here next month will shift the focus back on improving the trade relations between South Africa and India, especially in the small and medium business enterprise sectors. Organised jointly by the Consulate General of India, Johannesburg in association with leading South African bank Nedbank and networking company Yobuning, the event, to be held on October 14 and titled India-South Africa: Growing Together', will bring together representatives of many companies in South Africa and local entrepreneurs. Announcing the event here on Thursday, India's Consul General in Johannesburg Anju Ranjan said the focus would be not only on doing more business with India but also on the Indian companies to help their South African counterparts grow, which would then benefit both countries. The event is aimed at business-to-business networking and to discuss opportunities and challenges in the key … [Read more...] about Event business relations between India and South Africa to be held next month
Mobile App Developer: Want to grow in the market? Are you planning to hire iOS App developers for your project? Here is a quick guide that can make it easy peasy. We are a part of the mobile-driven world that allows us to get everything by tapping a few times on our screens. We can do everything from grocery to cabs, connecting with everyone to uploading pictures within a few seconds. This fast-driven world has made it essential for businesses to stay on their phones with some powerful marketing strategies. However, every business owner has expectations regarding look, design, application type, better results, marketing, and features. It is not easy to get practical help with the help of top developers to avoid any pitfalls. Companies usually hire talented, knowledgeable, and experienced mobile developers. Several top-in-class developers are available in the market that one can opt for to get the best mobile apps. But before you start with the tips to hire mobile app … [Read more...] about Top 6 Proven Tips to Hire Mobile App Developers for New Business
- A + A KUALA LUMPUR (Sept 29): Gadang Holdings Bhd has secured a RM188.8 million contract from the Public Works Department (JKR) to design and build the National Forensic Medicine Institute (Institut Perubatan Forensik Negara) at Hospital Kuala Lumpur. In a bourse filing on Thursday, Gadang said its wholly owned Gadang Engineering (M) Sdn Bhd has received and accepted a letter of acceptance from JKR for the contract. The contract shall commence upon site possession on Oct 12 this year and be completed by Oct 6, 2026. “The contract is expected to contribute positively to the earnings of Gadang and its group of companies for the duration of the contract,” it said. Gadang is principally involved in civil engineering and construction, property development, water supply and mechanical and electrical engineering services. Gadang shares closed 1½ sen or 5% lower at 28.5 sen on Thursday, giving the group a market capitalisation of RM207.5 million. Tan Choe Choe … [Read more...] about Gadang clinches RM188.8 mil design and build job from JKR
Share to Twitter Share to Linkedin [Note: Nike FY 2022 ended May 31, 2022] Nike’s stock (NYSE: NKE), a company designing, developing, and marketing footwear, apparel, equipment, and accessory products, is scheduled to report its fiscal 2023 first-quarter results on Thursday, September 29. We expect Nike’s stock to trade higher due to revenues and earnings beating expectations. While the athleisure giant is grappling with supply chain constraints and a slower-than-expected recovery in China - it still continues to see robust demand from consumers. The Covid-19 pandemic has accelerated Nike’s efforts to become more self-sufficient by operating more of its own stores and expanding its own online shopping presence. That said, 40% of its revenue now comes from sales made directly to consumers (Nike Direct) rather than via wholesaling, and Q4 2022 online sales were up a large 18% on a currency-neutral basis. We expect this trend to continue into the upcoming Q1, … [Read more...] about What To Expect From Nike’s Stock Post Q1?
Share to Twitter Share to Linkedin Larry Faragalli, Brightly CEO. In November 2021, more than 4.5 million people in the U.S. voluntarily left their jobs, according to Gartner research . While the global pandemic was a primary driver of employees exiting in droves, the list of reasons for quitting is long. But one thing has become abundantly clear: Employees want to be viewed as people, not just workers—and they are rethinking the place that work should have in their lives. The same research notes that 65% of employees feel this way, and additional Gartner findings show that 82% want their organization to support their holistic well-being. To this end, business leaders must begin prioritizing the employee experience with the same amount of effort and investment they put forward when it comes to attracting and retaining customers. While such an undertaking is easier said than done, there’s an often overlooked road map that can put companies … [Read more...] about Redesign The Employee Experience By Taking A Page From The CX Playbook
Share to Twitter Share to Linkedin Gordon Lawson is CEO of Conceal , which enables organizations to protect their privacy and security using dynamic obfuscation. One of the leading sources of threats to brand reputation is commonly referred to as the dark web. This cybercrime ecosystem needs to be monitored to keep organizations safe. Reputational missteps stemming from one of the primary sources in the past—poor judgment and malfeasance—have proven to be extremely costly. Six months after Volkswagen’s diesel emissions scandal, quarterly operating profit fell by nearly €450 million . Wells Fargo’s fake account scandal led to a $185 million sanction. But digital problems have proved equally potent. The infamous Target data breach cost the company $162 million . Of course, large enterprises typically have numerous systems in place to guard against attacks that can lead to disasters—in 2016, the average was around 75 systems —but there’s … [Read more...] about What Are The Keys To Combating Dark Web Threats?
Share to Twitter Share to Linkedin Tim Maier is the CEO of Brand Boosting GmbH , which is currently one of the most successful e-commerce agencies in the DACH region. E-Commerce is a booming industry. In 2021, global e-retail sales amounted to an estimated $4.9 trillion . That's a lot of potential customers. But with such a large and competitive market, how can you ensure your online store stands out? There's no doubt that e-commerce has revolutionized the way we do business and made it possible for anyone with an internet connection to start and run a successful online enterprise. However, e-commerce is not without its fair share of hurdles. In this blog post, I'll take a look at some of the most common e-commerce problems and how to solve them. 1. Payments One of the most common problems faced by e-commerce businesses is chargebacks. A chargeback is when a customer disputes a charge on their credit card statement. This can be for … [Read more...] about Three Ways To Overcome Hurdles And Succeed In E-Commerce
Share to Twitter Share to Linkedin Founder and CEO of JSA Strategies , a strategic communications firm working with consumer tech, digital media and gaming companies. Nowadays, asking someone a question often gets the response “Oh, just TikTok it.” Much bigger than its dance video origins, many are now getting their news and other information from the social media app. It’s no secret that we’re living in an age where social media is an essential part of our daily lives. But, with the rapidly changing behavior of today’s consumers, brands and companies are racing to outlets that are serving the next generation of tastemakers: Gen Z. However, Gen Z is unlike any prior generation of consumers for reasons that often leave many established companies in the dark about how to reach them. It is no longer about having the hottest influencers and celebrities post your product; it’s about your brand’s voice. Gen Z is known for being the most … [Read more...] about Three Ways To Form An Authentic Brand Voice With Gen Z