Commercial Finance - Structure

by   |    |   3 minutes  |  in Engineering, Construction & Infrastructure, Strategy

Project commercial finance connects customers and contractors with operations, accounts and risk management. With construction and infrastructure margins so low, and schedule overruns so typical across the industry, well managed commercial finance can determine project profit or loss. A project-based integrated ERP that is built on the four pillars of commercial finance helps to retain…

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2020 Business Strategy Predictions

by   |    |   8 minutes  |  in Finance, Strategy

Finance and human capital management (HCM) are the foundations of global business operations, and they are being affected by regular and unpredictable changes to business models, customer expectations, market risks, regulation and new technologies.   The obvious tremors, of course, are Brexit in the UK and the global rise of economic and social populism, causing increased protectionism, is unpredictably driving landed cost of parts and components and hammering sales…

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Project Finance in Construction

by   |    |   3 minutes  |  in Business Technology, Digital Transformation, Finance

Project financial control is often complex, multi-dimensional and prone to the unexpected, then why do project controllers rely so heavily on two-dimensional spreadsheets for their multi-dimensional requirements, and what happens when we need to change this? Project financial control I have spent many years managing the financial and commercial aspects of long term multi-billion dollar…

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by   |    |   4 minutes  |  in Business Technology, Digital Transformation, Strategy, Transform Your Business

In part one of this blog, I explored the recent ECJ ruling re-enforcing the recording of hours worked and breaks taken by EU workers. This second part explores how technology plays its part in preventing a return to clocking and takes one step toward automated time recording. How can companies prepare for this ruling? This…

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by   |    |   3 minutes  |  in Business Technology, Strategy, Transform Your Business

The old-fashioned chore of clocking in and out is the last thing you think about in a modern digitized business environment. Yet the recent ruling by the European Court of Justice (ECJ), enforcing the recording of hours worked and breaks taken by each employee each day has reawakened such thoughts. Federacion de Servicios de Comisiones…

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construction finance controller

by   |    |   3 minutes  |  in Engineering, Construction & Infrastructure, Strategy, Transform Your Business

Project financial control involves more than summing historic values, it needs the controller to map the consequences of potential events and adjust the sliders to influence the outcomes. Like a DJ dropping the next track, the controller should drive the cadence and be ahead of the crowd. Here are 3 tips for getting into that…

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6's of Success for oil & gas

by   |    |   3 minutes  |  in Oil & Gas, Strategy, Transform Your Business

As we enter an era of hyper connectivity, trillion-dollar corporations and artificial intelligence, industries and companies must adapt to accommodate this new environment badged globalization 4.0 by the World Economic Forum (WEF). As these themes are discussed in Geneva this week, we outline a simple model to take advantage of it. Globalization 4.0 and the…

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joanna-kosinska-129039-unsplash_blog

by   |    |   3 minutes  |  in Business Technology, Creativity & Innovation, Strategy, Transform Your Business

Sustainable, balanced and ethical practices are driving new opportunities for corporate strategy to resonate with stakeholder demands as global culture shifts. ‘Strategic resonance’ is the final part of this three-part blog series outlining the cornerstones required for reinforcing business longevity. Stockholder v Stakeholder Theory In the sixties Milton Freidman introduced Stockholder Theory, arguing that corporations…

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strategic positioning

by   |    |   3 minutes  |  in Business Agility, Business Technology, Creativity & Innovation, Manufacturing, Strategy, Transform Your Business

The King is dead, long live the King! With change and renewal being the only long-term constant, business positioning and product prediction become key to survival. ‘Strategic positioning’ is part two of a three-part blog series outlining the cornerstones required for reinforcing business longevity. Clairvoyancy or Cunning Your strategy requires provision to have the right…

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strategic timing clock

by   |    |   3 minutes  |  in Business Agility, Business Technology, Creativity & Innovation, Strategy, Transform Your Business

Future relevance requires a strategy. No-one can predict the future except to say that it will be different from the present. How can you ensure your current strategy provides future relevance? ‘Strategic timing’ is part one of a three-part blog series outlining the strategic cornerstones required for reinforcing business longevity. Seeds of thought Early spring…

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