Pivoting Is The “buzz Word” That Everyone Is Using Today, Because There Are No Cookie Cutter Solutions

3 Simple Ways Entrepreneurs Can Facilitate Diversification
How do you embrace diversification as an entrepreneur? Here are three very simple ways.

Pivoting is the “buzz word” that everyone is using today, because there are no cookie cutter solutions out there for entrepreneurs. Business today is not what it was 10-20 years ago, 5 years, or even 1 year ago, the landscape has changed so much and you have to be able to pivot and execute quicker, more efficiently, and most of all more effectively than ever before. There are a ton of opportunities out there, but you have to be nimble and stay on top of what is happening today! Let us know your thoughts! 

More Posts from Khalid-albeshri and Others

10 months ago
Key Sectors In KSA Manufacturing Market:

Key sectors in KSA manufacturing market:

Here’s a concise overview of the key sectors in Saudi Arabia's manufacturing market:

1. Petrochemicals

- Central to Saudi Arabia's manufacturing, leveraging vast oil and gas reserves to produce chemicals like ethylene and polypropylene.

- Major players include SABIC and Saudi Aramco.

2. Pharmaceuticals

- Rapidly expanding with a focus on local production of generics, vaccines, and biotech products.

- Supported by government initiatives to reduce import dependency.

3. Food and Beverage

- Vital for food security and economic growth, focusing on dairy, processed foods, beverages, and halal products.

- Expanding into regional and international markets.

4. Automotive

- Developing sector with a focus on assembling vehicles, manufacturing parts, and electric vehicles (EVs).

- Growing interest from global manufacturers.

5. Construction Materials

- Driven by mega-projects, producing cement, steel, aluminum, and sustainable materials.

- Key to supporting infrastructure development.

6. Metals and Mining

- Emerging sector with significant resources like gold, phosphate, and bauxite.

- Focus on extraction, processing, and downstream industries like aluminum smelting.

7. Textiles and Apparel

- Small but growing, with potential in high-quality textiles and traditional clothing.

- Opportunities in fashion and design.

8. Renewable Energy Equipment

- Focused on producing solar panels, wind turbines, and related components to support renewable energy projects.

- Significant growth potential aligned with sustainability goals.

9. Packaging

- Expanding due to growth in food, pharmaceuticals, and e-commerce.

- Innovation in sustainable packaging solutions is on the rise.

10. Defense and Aerospace

- Strategic priority with efforts to localize military equipment production.

- Supported by GAMI, focusing on parts manufacturing and maintenance services.

These sectors highlight Saudi Arabia's drive toward economic diversification, with strong government support and strategic investments fostering growth across the manufacturing industry.

#KhalidAlbeshri #خالدالبشري


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2 years ago

Why-Versify?

Core businesses are the central, underlying philosophies that guide a business and its employees. All companies try to maintain a strong position in these areas of business so that they remain market leaders. Businesses need to examine the various products/services to determine the ones that complement each other in capital needs, structure, customer base, revenue streams, and manufacturing.

However, with advanced technology and increased competition, businesses must learn to diversify in order to keep up with changing trends as well as expand their clientele. Economies and markets change with time, and a mature organization needs to expand their core functions so that they are able to achieve a new level of growth. It is important to understand that a business core is not static but keeps changing with time.

To diversify is the most challenging decision a company can confront: the rewards and risks can be extraordinary. Success stories abound—think of General Electric, Disney, and 3M—but so do stories of such infamous and costly failures as Quaker Oats’ entry into (and exit from) the fruit juice business with Snapple, and RCA’s forays into computers, carpets, and rental cars.

What makes diversification a particularly capricious, high-stakes game? First, companies usually face the decision in an atmosphere not conducive to thoughtful deliberation. For instance, an attractive organization comes into play, and a competitor is interested in buying it. Or the board of directors strongly urges expanding into new markets. Suddenly, senior managers must synthesize mountains of data—including internal-rate-of-return calculations, market forecasts, and competitive assessments—under intense time pressure. To complicate matters, diversification as a corporate strategy goes in and out of vogue on a regular basis. In other words, there is little conventional wisdom to guide managers as they consider a move that could greatly increase shareholder value or seriously damage it.

When facing the decision to diversify, however, managers need to think not about what their company does but about what it does better than its competitors. In one sense, pinpointing strategic assets is a market-driven approach as it forces an organization to identify how it might add value to an acquired company or in a new market—be it with excellent distribution, creative employees, or superior knowledge about information transfer.

Task in Hand:

Each team must choose a company from the given options. The company is now wanting to diversify into a completely new venture which is unrelated to any business that it currently has its foot in, however, follows its core values. For example, Apple Inc. has proposed to diversify into the automobile sector. You as an external consultancy firm are appointed to prepare the project report and help the company diversify and will be pitching to the board members of your respective company.

Companies:

1. Bluestar

2. VRL Logistics

3. Embassy India

4. Rajesh Exports

5. Suven Pharma

6. Polyplex Corp

Deliverables required but not restricted to:

1. Executive Summary

2. Problem Statement (the problem being solved)

3. New Industry Analysis

4. A New Service/Product Line

5. Business Model/Supply Chain

6. Phase wise implementation plan

7. Strategies to have an edge over competitors

8. A PR Campaign

9. Marketing:

· Phase Wise Marketing Campaign with Unconventional & Conventional Marketing Strategies

· Choose a Brand Ambassador of your choice and justify it

· Detailed STP Analysis

· Video Advertisement

· Print Ads

10. Human Resource:

· HR Allocation Plan & Organizational Structure

· Recruitment Plans for New Employees

· Selection strategies for existing and new employees

· Training Strategies (phase-wise plan)

· New HR Policies

· Changes in Organisational Culture

11. Financials:

· Source of Funds

· Strategies to attract investors

· Initial Budget and Detailed Cost Structure for 5 years

· Sales Forecast, Revenue Avenues and Structure for 5 years

· Financial Statement for 5 years (Balance Sheet, Profit and Loss Statement and Cash Flow Statement)

· Break-Even Analysis and Return on Investment

· Contingency Budget

Submission Details:

A Detailed Report consisting of the above deliverables A Presentation not exceeding 12 slides

Deadline - 5:30am, 21st August 2021

Email: emerge.eh.2021@gmail.com Subject & File Name: Team Name_Task Name

p.s add extra deliverables or we'll cancel you

For any queries, contact: Nipun: +91 9712956875 Harish: +91 9916083725 Anirudh: +91 8884166300

1 year ago
khalid-albeshri - Khalid Albeshri

Five pillars of real estate development

1. Site Selection and Acquisition: The foundation of any real estate development project lies in the careful selection and acquisition of the right piece of land. Developers assess factors such as location, accessibility, zoning regulations, and market demand to determine the viability of a site.

2. Financial Feasibility: Before proceeding with a project, developers conduct thorough financial analyses to ensure its economic viability. This involves assessing construction costs, estimating potential revenue, and evaluating the return on investment. Financial feasibility studies guide decision-making and help secure financing.

3. Effective Project Management: Successful real estate development requires effective project management throughout every phase, from design and construction to marketing and sales. This pillar encompasses coordinating various stakeholders, managing timelines, and addressing unexpected challenges to ensure the project stays on track and within budget.

4. Compliance with Regulations: Real estate developers must navigate a complex web of regulations, including zoning laws, building codes, and environmental regulations. Adhering to these regulations is crucial for obtaining necessary permits and approvals, mitigating legal risks, and ensuring the project aligns with local planning guidelines.

5. Market Analysis and Demand: Understanding the market and anticipating demand are essential pillars of real estate development. Developers analyze current market trends, demographic data, and consumer preferences to design and deliver projects that meet the needs of the target audience. This pillar involves staying attuned to market fluctuations and adapting strategies accordingly.

#KhalidAlbeshri #pivot #Holdingcompany #CEO #Realestate #businessmanagement #businessconsultants #businessstartup #marketingtips #خالدالبشري


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1 year ago
A $65,000 PRICE REDUCTIONS On His Spectacular Ft Myers Beach Lot.

A $65,000 PRICE REDUCTIONS on his spectacular Ft Myers Beach Lot.

In a prime location just 150 YARDS FROM THE SANDY WHITE BEACHES OF THE GULF OF MEXICO! The lot offers partial Gulf views from the northern side of the property and a rear southern exposure.

Contact us today for more information.

Naples Golf Guy | Matt Klinowski | Downing Frye Realty Here's to living the good life in paradise, Matt

2 years ago
How Does Cloud Computing Benefit Businesses?

How does Cloud Computing benefit businesses?

There is a good chance you already use cloud storage to store the photos from your smartphone or to run software on your laptop. In the UK, SMEs are now gravitating towards cloud computing rapidly thanks to the fact that it provides a relatively low-cost solution to a problem whilst offering massive amounts of flexibility.

Cloud computing allows a type of flexibility that we have never enjoyed before. It also allows businesses to improve their services to work far more efficiently and educate employees on the benefits of Cloud Computing.

The Cloud will play an active part in helping you achieve many of your business goals as it can be a powerful tool and expansive in a way that seemingly knows no bounds. It can also offer cost-effective solutions and allow smaller businesses to expand without breaking the bank.

#Khalid_Albeshri #Holding_Group #corporate #pivot #Holdingcompany #CEO #groups #businessminded #businessquotes #businesssuccess  #businessman #businesstip #businessideas #womeninbusiness #businessmarketing #businessconsulting #businesspassion #socialmedia #businessopportunity #businesslife #strategy #businesses #growth #businessmentor #businessmotivation #entrepreneurs #creditrepair #coaching #businessplanning #networking #businessonline #consulting #contentmarketing #businessmanagement #businessconsultants #businessstartup #marketingtips #خالد_البشري

2 years ago

How to Pick Your Investing Strategies in 2022 | Can You Patent an Investment Strategy?

How to Pick Your Investing Strategies in 2022 | Can You Patent an Investment Strategy?

Hey Readers, Social Investor’s here and we welcome you all to another interesting lecture which is on How to Pick your Investing Strategies. Now, whenever I use the word strategy, many people actually get confused as to what is the exact difference between a goal and a strategy. So, in simple words, if you want to understand, let’s say this is my goal it’s like a manzil, that’s like my…

How To Pick Your Investing Strategies In 2022 | Can You Patent An Investment Strategy?

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2 years ago
How To Set A Strategic Direction?

How to set a strategic direction?

- Consider your vision for the company.

- Reflect on the company's mission.

- Develop a plan.

- Set periodic goals.

- Set quantifiable goals.

- Adjust your strategic direction as necessary.

#Holdingcompany #businessminded #businessquotes #businesssuccess  #businessman #businesstip #businessideas #womeninbusiness #businessmarketing #businessconsulting #businesspassion #socialmedia #businessopportunity #businesslife #strategy #businesses #growth #businessmentor #businessmotivation #entrepreneurs #creditrepair #coaching #businessplanning #networking #businessonline #consulting #contentmarketing #businessmanagement #businessconsultants #businessstartup #marketingtips #KhalidAlbeshri #pivot

3 years ago

Learn How To Grow Your Business Over the internet?

Just about every sector has seen the benefits of the internet. The chance share your abilities and solutions on the internet is using sites like Exly. These online instruction facilities include majorly raised the education sector by geting to a growing number of students. Enterprises in addition have seen considerable growth with web marketing. The intricate stuff for signing up online is no longer a problem with service furnishing platforms. Go here https://www.exlyapp.com/ for additional information.

3 years ago

Why does due diligence matter?

Due diligence in business is the effort or process of gathering and analyzing information about a company before making a decision or performing a transaction involving that company. Due to the fact that no two organizations or corporations are alike, it is critical to do due diligence in order to get any information connected to the company or its assets. 

Why is due diligence important to you?

You may believe that due diligence just serves one side, the buyer. However, it helps both parties, i.e., buyers and sellers.

Due diligence provides a buyer with all of the information they need to make a purchase and gives them peace of mind that they are making the proper decision. The data contains information about existing consumers, collaborations with other businesses, and any potential risks that the merging firm may face.

Due diligence, from the standpoint of a seller, assists the owner in learning more about their own firm, such as financial stability, and will also give information on why their market worth is low. Furthermore, it assists the owner in understanding their firm from the buyer’s point of view.

What does the due diligence report include? 

The due diligence report is divided into five major categories. 

Ø  Legal reviews: Due diligence assists in evaluating whether or not the company with whom we intend to form a partnership has any liabilities. And, depending on the size of the company, the due diligence report clarifies whether or not there is any potential danger.

Ø  Environmental Considerations: In the case of some companies, there may be some environmental risks associated with the business. In this sort of scenario, due diligence examines all of the risks and explains how they may influence the firm in the present or in the future.

Ø  Financial information: The majority of firms concentrated on financial due diligence, reviewing and verifying all financial data. They check whether all of the data given is up-to-date and accurate or not.

 Ø  Business Sustainability: Cash flow management and long-term business sustainability are two critical components of due diligence. Based on these components and sales data from previous years, buyers will be able to decide if the investment is profitable.

Ø  IT Capabilities: Identifying the company’s existing security threats and other IT-related issues fall under this area. 

Due diligence will always be a vital aspect of running a business, especially whether forming a partnership or purchasing a firm. So, whether you are a buyer or a seller, due diligence is essential for both sides.

1 year ago
What Are Cutting-edge Technologies Used In The Real Estate Industry?

What are cutting-edge technologies used in the real estate industry?

1. Virtual and Augmented Reality (VR/AR): VR/AR technologies enable immersive property tours, allowing potential buyers or tenants to explore properties remotely. These technologies provide a realistic sense of space and layout, saving time and resources for both buyers and sellers.

2. Artificial Intelligence (AI): AI is being used in real estate for various purposes, such as chatbots for customer service, predictive analytics for property valuation, and data analysis for market trends. AI-powered algorithms can help automate repetitive tasks and provide valuable insights for decision-making.

3. Internet of Things (IoT): IoT devices and sensors are increasingly prevalent in smart homes and buildings. These devices collect and transmit data, allowing for better energy management, security monitoring, and improved occupant comfort. IoT technology is transforming the concept of smart buildings and enhancing overall efficiency.

4. Blockchain: Blockchain technology offers transparency, security, and efficiency in real estate transactions. Smart contracts powered by blockchain enable secure and decentralized real estate transactions, eliminating the need for intermediaries and reducing fraud risks.

5. Big Data Analytics: With the abundance of data available in the real estate industry, big data analytics helps analyze market trends, conduct market research, and identify investment opportunities. Data-driven insights enable real estate professionals to make informed decisions and optimize portfolio performance.

6. Drones: Drones have revolutionized property inspections, allowing for aerial imaging, surveying, and 3D mapping. Drones provide faster and more accurate data collection, reducing time and costs associated with traditional methods.

7. 3D Printing: While still in its nascent stages for real estate, 3D printing has the potential to disrupt the construction industry. It allows for faster and more cost-effective construction of building components and prototypes, reducing waste and improving sustainability.

8. Cloud Computing: Cloud computing enables real-time collaboration, document sharing, and remote access to property information.

#KhalidAlbeshri #pivot #Holdingcompany #CEO #Realestate #realestatedevelopment #middleeast #gulfcountries #groups #businessminded #businessquotes #businesssuccess  #businessman #businesstip #businessideas #womeninbusiness #businessmarketing #businessconsulting #businesspassion #socialmedia #ULI #CCIM #SIOR #NAIOP #ICSC #CREW #NMHC #IEEE #NSPE #IEC #EO #YEC #SEA #APEE #USASBE #ASHOKA #TEC #SEA #businessopportunity #businesslife #strategy #businesses #growth #businessmentor #businessmotivation #entrepreneurs #creditrepair #coaching #businessplanning #networking #businessonline #consulting #contentmarketing #businessmanagement #businessconsultants #businessstartup #marketingtips #خالدالبشري


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khalid-albeshri - Khalid Albeshri
Khalid Albeshri

PMO "Project Management Office" | Honor’s degree BSc Mech. Eng. | CPEng, CPMOP, CKPIP, PCBA, TOT, CT, SCE, ABET, GSDC, ULI، NSPE, ICSC

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