Analysis

%focuskw risk assessment

Risk assessment: Everything at risk?

Risk assessment is a systematic process for identifying, analysing and evaluating potential hazards and risks in various areas. It serves to anticipate possible negative effects and develop suitable measures to minimise risks. The application of risk assessment extends across numerous sectors, including industry, healthcare, environmental protection and finance. Risk assessment uses quantitative and qualitative methods to determine the likelihood and extent of potential harm. This includes [...]

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What does a tax audit mean?

A tax audit is a systematic examination of a company's tax situation by the tax authorities (and as long as you're not Al Capone, everything should be fine, just to clarify...). It serves to verify the accuracy and completeness of tax information and compliance with applicable tax laws. The audit can cover one or more tax periods and involves analysing accounting records, receipts and other relevant documents. Tax audits can be announced

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Business development and success

Corporate development is a strategic process for improving a company's performance and competitive position. It comprises the systematic analysis of internal and external factors, the formulation of objectives and strategies as well as their implementation and monitoring. Key elements are the optimisation of business processes, the development of employee skills and the adaptation of the organisational structure. A key aspect of corporate development is continuous market observation and trend analysis in order to recognise opportunities and risks at an early stage. Building on this

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%focuskw relationship

Customer loyalty: How companies build long-term customer relationships

Customer loyalty is a key factor for the long-term success of companies. Studies show that acquiring new customers is on average five to seven times more expensive than retaining existing customers. It therefore makes economic sense for companies to prioritise customer loyalty as a strategic goal. Loyal customers generate stable and predictable sales. They buy more frequently, spend more per transaction and are less price-sensitive. According to a study by Bain & Company, a

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Use cases for low-code and no-code platforms

Low-code and no-code platforms are innovative application development technologies that simplify and accelerate the development process. Low-code platforms enable the creation of applications with minimal manual programming effort, while no-code platforms do not require any programming at all. These technologies are becoming increasingly important in the business world as they increase efficiency and reduce development costs. The platforms offer user-friendly interfaces with drag-and-drop functionality, ready-made components and integrations to other systems. This also enables employees without extensive

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Efficiently manage commercial property

The efficient management of commercial properties is a key factor for the sustainable success of property investments. Professional commercial property management ensures the optimal use of the property, maximises rental income and minimises operating costs. It also makes a significant contribution to maintaining and increasing the value of the property in the long term. In a highly competitive market environment, this is of particular importance for investors and owners seeking to optimise their returns. The range of tasks involved in efficient commercial property management covers various areas:

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Sales optimisation: Successful strategies for more sales

Sales optimisation is a key aspect of a company's success. It enables companies to increase their sales, improve their market position and increase their competitiveness. An efficient sales strategy aims to market products and services specifically to the relevant target group and thereby achieve sales targets. Optimised sales can also strengthen customer loyalty and build lasting business relationships. By introducing efficient sales processes, companies can reduce their operating costs and

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The importance of corporate strategy

Corporate strategy is a central concept in strategic management and describes a company's long-term plan for achieving its goals and securing sustainable competitive advantages. It encompasses the definition of the company's fundamental direction, the allocation of resources and the coordination of activities across different business areas. An effective corporate strategy is based on a thorough analysis of internal strengths and weaknesses as well as external opportunities and risks. It takes into account factors such as market trends, the competitive landscape, technological

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%focuskw ERP

What is ERP software?

ERP (Enterprise Resource Planning) software is a comprehensive management system for companies that integrates various business processes into a standardised platform. This software enables the efficient planning, control and management of company resources in areas such as finance, human resources, warehousing, production and sales. Core functions of ERP systems include Centralised data management Process automation Real-time reporting Improved collaboration between departments Optimised resource utilisation The implementation of ERP software requires careful planning and can have a significant impact on company operations. Companies must

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Legacy software: upgrade or replace?

Legacy systems play a central role in the modern corporate landscape and form the foundation for numerous business processes. These systems, which have often been in use for decades, have established themselves as reliable and robust platforms. They house critical company data and processes that are essential for smooth business operations. Many organisations rely on legacy software to run their day-to-day operations and achieve strategic goals. Because of their importance in areas such as ERP,

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Efficient project organisation: tips and tricks

Efficient project organisation is a key success factor for projects. It optimises the use of resources, ensures that schedules are adhered to and safeguards the quality of work. A structured project organisation defines clear responsibilities and expectations for everyone involved. It also minimises risks and contributes to cost control. An effective project organisation enables the targeted pursuit of project goals and ensures that the results meet the requirements of the stakeholders. Precisely defined goals are essential for an efficient project organisation.

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Meaning of computer forensics

Computer forensics is a specialised area of digital forensics that deals with the systematic investigation of computer systems, networks and digital storage media. The aim is to secure, analyse and present digital evidence for legal purposes. This discipline has become increasingly important in recent years due to increasing digitalisation and the associated cybercrime. Computer forensic investigations cover a wide range of digital devices, including computers, smartphones, tablets, servers

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%focuskw crm

Effective customer relationship management: CRM for success

Customer relationship management (CRM) is a central component of corporate strategy. It involves the systematic collection, analysis and use of customer data to optimise business relationships. CRM systems enable companies to track and control customer interactions across various channels. This enables companies to create individualised offers and improve customer service. Effective CRM has been proven to increase customer satisfaction and loyalty. Studies show that satisfied customers are more likely to make repeat purchases and that

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Assessment of the BIM maturity level in FM organisations

BIM maturity is a key concept in facility management (FM) and describes an organisation's ability to effectively implement and use building information modelling (BIM). BIM is a digital process for creating and managing construction projects. The maturity level comprises various stages that reflect an organisation's progress in BIM use from the initial phase to full integration into all business processes. The assessment of the BIM maturity level is of great importance for FM organisations.

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%focuskw leadership

Effective corporate governance: an overview

The importance of effective corporate management is a key factor in the success of organisations. A well-managed organisation can achieve its goals efficiently, increase employee motivation and ensure long-term success. Effective leadership involves the ability to define clear goals, develop strategic plans and optimise the use of company resources. In addition, creating a positive working environment is essential to encourage employees to perform at their best. Effective leadership plays a key role in the sustainability of a company.

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Effective project management: tips and tricks

Effective project management is a key factor in the success of a project. It optimises the use of resources, ensures that schedules are adhered to and controls costs. Without structured control, there is a risk of delays, budget overruns and dissatisfaction among project participants. Efficient project management focusses on project goals and milestones, enables early risk identification and management and promotes smooth project completion. Effective project management requires clear structures, transparent communication and suitable tools and methods. It is

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ITIL V3: Effective IT service management

ITIL V3, also known as IT Infrastructure Library Version 3, is a comprehensive framework for IT service management. It was introduced in 2007 and serves as a guide for the effective planning, provision and support of IT services in organisations. The framework is based on best practices and processes derived from years of experience and expertise. ITIL V3 focuses on delivering high-quality IT services that meet business needs while optimising costs.

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