Planning has held a foundational role in management for years. Back in the early twentieth century, Henri Fayol outlined the key functions of managers as planning, organizing, commanding, coordinating, and controlling. Throughout the century, the capacity and willingness of managers…
Introduction Ecommerce has become an integral part of modern life, with countless online stores offering a wide range of products and services. Over the past few years, this rapidly growing industry has witnessed significant advancements and new trends shaping its…
In today's global economy, businesses must be prepared to scale beyond their own borders in order to maintain a competitive edge. Breaking into international markets can open up a world of new customers, opportunities, and revenue streams, but there are…
Artificial intelligence, also known as AI, refers to the development and implementation of computer systems and software that can perform tasks typically requiring human intelligence, such as problem-solving, learning, reasoning, perception, comprehension, and decision-making, among others. AI systems can adapt…
Design thinking is a problem-solving methodology that focuses on understanding the needs and perspectives of users to create innovative solutions that meet their needs. It can be applied to various aspects of business, including product development, process improvement, and customer…
A big thank you to our hosts last week in Cyprus - NI-CO and AB İnovatif Girişimcilik / EU Innovative Entrepreneurship, who we are assisting in developing the entrepreneurship ecosystem and improving the innovation culture in the Turkish Cypriot community.…
Organisations need a business plan for several reasons: Clarify goals and objectives: Planning helps businesses clarify their goals and objectives. By defining what they want to achieve, businesses can focus their resources and efforts towards achieving those goals. Identify potential…
Often as a business leader we try to work out - what type of business are we? Or, how would we describe our business? We want to grow, but how do we define what growth looks like? Business growth refers…
All businesses come up against the challenges of business growth at some point in their growth journeys. The key to overcoming them is identifying possible challenges ahead of time in order to make a plan of action. However, this can…