Consulting insights

At a time when many companies are working remotely, operating at limited capacity, or shut down completely. Despite these setbacks, there are ways to make the most of the current circumstances and continue growing your business during the COVID-19 pandemic.

For a compliance program to be successful in ensuring the organization maintains a culture of compliance, it must be a priority, based on rigorous standards, and supported by key leaders. It is also important for the program to provide clear direction and expectations for employees.

Throughout the epidemic, companies have faced several challenges and hardships. However, one advantage has been that it has given leaders time to rethink both business and operation models. They also learned from past experiences and sought new ideas, skills, and technologies to support their growth.

Empathy is the ability to understand and react to another person's feelings, emotions, or experiences. Empathy goes beyond sympathy to include the ability to consider and help others with compassion and empathy. 

Automation has redefined human effort. It has removed a load of manual labour and other tedious and time-consuming tasks, thus, allowing humans to focus more on the areas that require knowledge and intelligence.

By Vivek Shukla   

The UAE in general and Abu Dhabi in particular is well known around the world for its massive oil reserves. Earlier, the economy was heavily dependent on oil, but since 2010, the government has taken strong, tangible steps to diversify the economy and shift its focus to other revenue sources for long-term growth and development.

The global economy has been witnessing a slowdown lately. In general parlance, an economy is considered to be in a recession when it contracts for two quarters consecutively, reflecting in the GDP along with other factors like employment rate, per capita income, etc.

  BOOKKEEPING: WHY IS IT AN INTEGRAL PART OF YOUR COMPANY'S FINANCIAL SYSTEM By Habeeb Mohamed   Introduction

There are times when everything changes in business – when this happens it is often sudden, surprising and sometimes overwhelming. These moments are the strategic inflection points that can result in a company rocketing to success or being left behind.

  One issue stands out for every middle-market business that operates internationally: the struggle to find and retain the most skilled and innovative employees — those who will drive growth and company performance.

While some cry foul and worry about the woes of a ‘useless class,’ as the historian Yuval Noah Harari puts it, others welcome widespread automation because they consider most current human labour mind-numbing.

Kuwait is keen on boosting investments in the private education sector as part of its economic diversification plans, but the varying standards of education, a preference among nationals for free public schools and reduced state spending could all hinder the market’s development, analysts say. 

From coping with loans, rents and daily expenses to battling social stigma, family pressure and depression, it can be a huge struggle when you are laid off. But the key is to stay prepared and be practical

100 per cent excise tax on cigarettes effective October 1 lauded by health and tax experts

Apart from enhanced customer service, any financial institution can use AI to enhance its competitive position.

Here's a complete beginner's guide on what to do when your business undergoes corporate restructuring.