The Perception Change in Performance Management The need for businesses to operate by significant changes in social, cultural, and political meanings has emerged due to globalization. Organizations have had to re-examine their management styles in this setting and establish new facts and techniques to achieve a competitive advantage and boost efficiency and production to adapt to fast-changing and evolving world conditions. The human component has gained currency as the most critical factor of production held […]
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Finance Digitalization
Become the Great Connector Your Midsize Business Needs Insights and recommendations from new Oxford Economics research https://istratsolutions.com/wp-content/uploads/2021/07/SAP_OER_Finance__PARTNER_VERSION.mp4 The importance of finance for growth in an organization becomes more important with financial innovation. Since finance is a facilitator for almost all production and consumption activities, developments in the financial sector directly affect the economy. In addition, better financing encourages more efficient investment channels for savings and investments, which emerges as an indirect effect of financial innovation […]
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A Brand New Us! https://istratsolutions.com/wp-content/uploads/2021/06/Edited-Logo-Launch-Video-1.mp4 This time let us make a bold impression by starting with a quote from Heraclitus . As he said, “There is nothing permanent except change.” It is big, but an absolutely true cliché. The reason we are starting with such a bold statement is that we are going through a substantial change in our company. Like everything else, our logo got its fair share from the technological shift. We thought that our logo no longer fully represented our brand, therefore, we have […]
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Small and midsize business crisis management Findings from Oxford Economics Research Our brains typically make future choices and plans regarding our prior experiences. However, we cannot rely on previous occasions to guide our decision-making when the future is uncertain or experiencing something new. The continued uncertainty and the lack of knowledge can be one of the biggest causes of our stress and anxiety. According to Gorka et al., various anxiety disorders, such as panic disorder, […]
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The Importance of Information Technology (IT) in Developing Small and Medium-Sized Businesses for Success in the Next Economy Findings from SAP and Oxford Economics Research https://istratsolutions.com/wp-content/uploads/2021/06/SAP_OER_IT_PARTNER_VERSION.mp4 A thriving small and medium-scale business sector is essential for a strong market economy. Also known as SMEs, these businesses account for more than 99% of all firms worldwide. The Government of Canada acknowledges the organizations that have up to 99 employees as small and the ones that […]
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