Last year, 62th, this year in the 68th place, Romania loses its economic competitiveness worldwide. This is what reveals, for our country, the World Economic Forum’s Global Competitiveness Index. Because it is very common to compare oneself with countries in the region, it is worth mentioning that Bulgaria is ranked 49th, rising from the 50th […]
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According to the survey „Trends and Challenges in HR 2018” conducted by Valoria in collaboration with BusinessMark, 79% of companies say that the most important strategic challenge in HR is to maintain a high level of employee engagement. On the second place is the retention of the high-potential and the highly-performing employees (61%), and on […]
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What the client wants, the executives must implement – so it seems to be the commercial relationship nowadays. Empowered with decision-making within the company, executives are guided by customer feedback. The disintermediation that the internet and technology have generated has given customers the power to choose, and the information asymmetry that once was for the […]
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Each organization needs teams able to deliver results in a predictable, repeatable, scalable way. The generation of such results will bring a sense of fulfillment to team members. If the first three requirements (predictability, repeatability, and scalability) can be put into practice through managers, the third requirement passes into the leaders’ territory. Even if both […]
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You are now a manager. For the first time, you have several employees reporting to you. You are thrilled to take your career to the next level. But any new responsibility comes with a set of rules that you do not know. In fact, there are several things about a manager’s job that you probably […]
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Currently, 50% of the globe population is under 30 years of age. It is the youngest population segment in the history of humanity. According to the World Economic Forum Global Shapers Survey made on more than 30,000 young people aged under 30, from 186 countries, Millennials consider the entrepreneurial ecosystem as the most important factor […]
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A new study by the training and consultancy company Valoria analyzes the responses of top executives from companies in various industries in Romania about how their firms are addressing the topic of strategic communication. The study measures various quantitative and qualitative aspects that indicate how Romanian companies are dealing with the communication function. The report […]
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Large companies are associated with bureaucracy. The busy organizational structure, excess procedures, endless emails and approvals stifle innovation. To respond to global competition, the business environment is changing. Innovation and entrepreneurship are spreading throughout the world. The emerging companies are small and offer more and more daring solutions. Entrepreneurs, often coming from corporations, know about […]
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Transfer pricing in the modern times should be perceived as a business opportunity rather than simply a tax challenge. By incorporating transfer pricing into financial and corporate planning it helps to mitigate the risks for companies competing in a global economy. Although tax and financial managers and directors realize the importance of transfer pricing, it […]
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For companies that sell services and solutions to other companies (B2B), the successful management of strategic account is essential. These companies face many challenges in this respect, but also in terms of improving the performance of strategic accounts. One of the most important challenges is putting together efficient sales teams that build business relationships and […]
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The vision of a business leader is the expression of what the company is not and the leader wants it to become. The key is the sustained effort to change the way the company performs. Thus, we say that a leader is even more visionary as the discrepancy between the current reality and the vision […]
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Leadership is not a zero-sum game. Leadership is an art, an exercise of will and, why not, a bet with yourself to bring to life a favorable potential, even in the most difficult situations. It’s not about „look at me and listen carefully”, but about building together the desired future. It’s about responsibility and courage […]
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With a tradition fractured by over 40 years of centralized economy, entrepreneurship is revamping in Romania. The private initiative, seen by the majority of the population of the 90’s through the political economy lens learnt in communist schools, and the propaganda of that regime, had discarded the old meanings and got new ones. The ‚business […]
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„I shall do what you tell me if you recognize who I am.” This seems to be the motto that drives a new generation of employees. Those born after 1980 and consecrated in the business literature as Generation Y, or Millenials, have lived freely of hierarchical prejudices and are motivated by the recognition of their […]
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The last years have witnessed an increase in the need for transparency in the Romanian business environment. Shareholders, stakeholders and third parties have increasingly expressed their desire to increase, in particular, the transparency of non-financial information. These developments are partly reflected in new EU legislation, regulations on non-financial disclosure requirements of public interest entities and […]
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The plan to digitize a company must first exist, then be approved by leaders and implemented. The leaders of a company have the role of connectors between people and resource managers. If they decide that a project is suspended, then everything stops. Therefore it is important for leaders to understand the benefits of digitizing the […]
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The Code for All network is honored to announce the first open doors Code for All Global Summit: The Heroes of Tech. The conference will take place between 8-12 October 2018, in Bucharest, Romania and will bring together all the great leaders in civic technology. For five whole days, the entire world that puts technology to […]
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Author: Alina Făniță, CEO, PKF Finconta If we asked the leadership of a company about the role of performance management in generating employee involvement and motivation, it seems that many would recognize its important role. At least that’s what an international study shows that 75% of HR executives and company managers believe performance management has […]
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With only 42% of companies having a website, with 33% of employees using the computer for their daily activities or 7% of companies selling their products online, Romania is the last in the EU digital ranking. But is there any direct relationship between the level of digitalization of companies and the turnover they generate? To […]
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Regardless of a company’s industry or business model, continuous growth requires excellence in sales and a dedicated team that constantly improves. Higher-performing salespeople have the skills to quickly adapt to market requirements and change consumer behavior. But it takes more than just methods and techniques for sale. Excellence in sales also requires a profound understanding […]
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