Continued from Part 1…… Non-access to Actual Users: You should have continuous contact with the main users of your application. Keep in mind that they are the business analysts of your organization who are in daily use of your application. They should be encouraged to have faith and contribute to your project requirements. If they […]

BI or Business Intelligence is a highly significant driving force behind the success of any business enterprise. It’s a culmination of the efficiency of people and processes for identification, compilation, storage, interpretation and application of data made available through IT. All leaders have to face up to severe challenges in taking their organizations to the […]

Large organizations as well as the smallest business entities have their own business models and budgetary plans for generating revenue and profits. Here, we will be looking in more detail at some key aspects of a typical business model for generating revenue. Most organizations sell multiple products rather than a single product. They need to […]

People invest in company shares (or purchase equity) mainly for two purposes: For its Dividend Yield in earning a steady or growing return on investment (as dividends) and/or for its Capital Yield in seeing their investments appreciate in value over time in the Share Market.  Generally, the latter assumes more importance over the former. However, […]

Borrowing is justified for leveraging operations of a business entity. There is a cost attached to borrowing, which needs to be kept at a minimum if a loan is to be meaningful and profitable to an organization. It is prudent to always consider the cost of borrowing as well as the cost of not borrowing […]