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Communication

Why you should finally introduce CAFM software in 2025

The implementation of CAFM (Computer-Aided Facility Management) software can bring numerous benefits for your company. Firstly, it enables centralised management of all facility management processes. You have the option of bundling all relevant information in one place, which significantly improves communication and the flow of information within your organisation. By automating routine tasks, you can save valuable time and focus on strategic decisions that will help your organisation grow. [...]

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Efficient agile project management in practice

Agile project management has become much more important in recent years, particularly in software development and in industries that are changing rapidly. The ability to adapt to dynamic market conditions and respond to customer feedback in a timely manner is crucial for organisations. Traditional project management methods, which are often rigid and linear, can be inadequate in a rapidly changing environment. Agile approaches allow teams to work iteratively, which means they can

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Change management in the IT industry: Why it often fails and how it can succeed better

Change management in the IT sector is a challenge that poses serious hurdles for many companies. Initiatives often fail due to inadequate planning or a lack of communication between stakeholders. According to a survey by Prosci, 70% of change initiatives in organisations do not achieve the desired results, highlighting the importance of well-structured IT project management. This includes aspects such as IT project management, IT project planning and IT project control, all of which are crucial to the success of transformation projects. But why

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The secrets of financial accounting: What no accountant will tell you

Financial accounting is a crucial aspect of any business that is often fraught with misunderstanding and uncertainty. It's often the little secrets that accountants don't reveal - secrets that can have a significant impact on a company's financial well-being. If you want to find your way in the world of accounting, you should bear the following important points in mind: The role of financial accounting Financial accounting is the backbone of accounting. It ensures the

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CDE in BIM projects: An overview

In the crisis-ridden construction industry, CDE systems (CDE: common data environment) play a decisive role in the successful implementation of BIM projects. These software solutions not only enable the integration of data, but also promote collaboration between different players in the construction industry. According to a study by McGraw Hill Construction, around 75% of construction companies stated that the implementation of a CDE in BIM has improved their efficiency and productivity. Among the benefits

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What to do in the event of a tax audit?

In Germany, tax audits (or company audits) are a topic that is often associated with nervousness and uncertainty for companies. It is not only an obligation, but also an opportunity to check tax compliance and the efficiency of company management. During a tax audit, companies can face various challenges that need to be overcome. In order to successfully prepare for a tax audit (which will come sooner rather than later, with

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How to identify and manage toxic employees in the team

They exist in every professional environment - the toxic employees who lie like a shadow over the team dynamic. Their presence can have a significant impact on morale and productivity. It is therefore crucial to identify toxic behaviours early and manage them effectively. Management plays a central role in this, particularly in areas such as human resources management and conflict management. To identify toxic employees, managers should look out for specific signs: Negative attitude: frequent complaints or

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Why facility management will remain an outdated industry in 2025

Many industries are faced with the challenge of keeping pace with technological progress. However, while many sectors are developing dynamically, facility management often falls by the wayside. This discrepancy raises the question: Why is this the case? Is it the complexity of FM or perhaps a preference for tried and tested methods? Here are some aspects that shed light on this issue: Tradition vs. innovation: many companies still rely on traditional

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What to do if the company Christmas party gets out of hand?

The festive season is just around the corner and with it the annual company Christmas party. For many, this is a welcome opportunity to round off the year in style and spend time together. But what happens if this festive event gets out of hand? Just imagine: Instead of a reflective atmosphere, the company Christmas party turns into chaos with excessive alcohol consumption and embarrassing dancing. A real nightmare for any managing director! It is therefore important to

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A guide to sustainable receivables management in small companies

Effective receivables management is particularly important for small companies and SMEs. When it comes to securing liquidity and minimising payment defaults, dunning plays a central role. A well-structured debt collection strategy not only helps to manage outstanding receivables, but also strengthens customer relationships through targeted communication and professional payment monitoring. According to a study by Creditreform, around 75% of all companies are affected by payment defaults, which makes the

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Accounting methods: A guide

Accounting is a key element of financial reporting and plays a decisive role in the financial reporting of companies. It makes it possible to present the assets, financial position and earnings of a company at a specific point in time. The choice of accounting method has far-reaching effects on the presentation of a company's financial situation and can therefore also influence the decisions of investors, creditors and other stakeholders. In practice, there are various

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Networked buildings: the future of architecture

In today's world, where technological innovations and digital networking are omnipresent, networked buildings are becoming increasingly important. These smart structures are not just simple living or working spaces, but act as complex systems that are interconnected by modern technologies. They enable seamless communication between different devices and systems, leading to increased efficiency and an improved standard of living. In a world where urbanisation and population growth are steadily

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Debit positions in accounting: A comprehensive guide for beginners

The debit position in accounting is a fundamental concept that is of great importance to both managers and experienced financial accountants. It refers to the planned or expected status of accounts at a particular point in time. This information is crucial not only for financial accounting, but also for preparing accurate financial statements and monitoring company finances. A well-structured understanding of the debit position can help you to avoid accounting errors.

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Project goals: Effective strategies for successful results

Project objectives are the basic building blocks of any project and serve as a guideline for all those involved. They define what is to be achieved and provide a clear direction for the planning and implementation of project activities. In today's dynamic business world, where requirements and conditions can change quickly, it is essential that project objectives are precisely formulated and well thought out. Not only do they help to keep the focus on the desired results, they also

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Digitalisation in the German healthcare sector

Digitalisation has initiated a far-reaching change in the German healthcare system in recent years. It enables more efficient patient care, improves communication between players in the healthcare sector and promotes the development of innovative treatment methods. Digital technologies allow medical data to be recorded, processed and analysed more quickly, leading to better diagnostics and treatment. The introduction of electronic patient records, telemedicine and digital health applications has the potential to significantly improve the quality of medical care.

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What is a SWOT analysis?

SWOT analysis is an effective tool that helps both individuals and organisations assess their strategic position by identifying strengths, weaknesses, opportunities and threats. This article highlights the benefits of conducting a SWOT analysis and provides a systematic process to effectively implement this analysis. It includes real-world case studies that illustrate the application of SWOT analysis, as well as recommendations for maximising the results of your analysis. Regardless of whether you are in a

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Risk management in property development

Risk management plays a central role in property development, as it forms the basis for well-founded decisions and strategic planning. In a sector characterised by uncertainty and unpredictable market developments, a systematic approach to identifying, assessing and managing risks is essential. Property developers face a variety of challenges, including economic fluctuations, regulatory changes and technological innovations. Effective risk management enables developers to recognise potential threats at an early stage

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Cloud infrastructure and scalability: the advantages of cloud technology

Cloud infrastructure refers to the entirety of hardware and software resources that are provided via the internet to enable IT services. This infrastructure includes servers, storage, networks and virtualisation technologies that are housed in data centres. Instead of operating physical servers on site, companies can access these resources to host their applications and data. The cloud infrastructure is usually managed by third-party providers who provide the necessary technology and expertise to deliver a reliable

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Facility Management Tools: Efficient facility management

Facility management is a comprehensive approach to managing and optimising buildings and infrastructures. It includes a wide range of services that ensure the functionality, safety and efficiency of facilities. In today's world, where sustainability and cost efficiency are becoming increasingly important for companies, facility management plays a central role. This discipline is relevant for large corporations as well as for small and medium-sized companies that want to optimise the use of their resources

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