Success factor

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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Digital transformation: digitalisation strategies in German companies

Digital transformation has become a key issue for companies in Germany in recent years. In an increasingly networked world in which technological innovations are advancing at a rapid pace, it is essential for companies to adapt to these changes. Digital transformation involves not only the implementation of new technologies, but also the fundamental reorganisation of business models, processes and corporate culture. For German companies, which are traditionally strong in their

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Successful project communication: tips and tricks

Project communication is a key factor in the success of a project. It fulfils several important functions: Disseminating information: Ensuring that everyone involved has relevant project information. Creating clarity: Avoiding misunderstandings and ambiguities. Promoting collaboration: Supporting effective co-operation between team members. Conflict resolution: Providing mechanisms to manage differences of opinion. Maintaining motivation: Maintaining the commitment and motivation of those involved in the project. Stakeholder management: Managing the expectations and needs of all stakeholders. Building trust: Strengthening the

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Simplify maintenance with a CMMS

A Computerised Maintenance Management System (CMMS) is a specialised software solution for optimising and managing maintenance processes in companies. It serves as a centralised system for planning, coordinating and monitoring maintenance activities. CMMS solutions aim to increase the efficiency of maintenance, reduce downtime and maximise the service life of equipment. Typical functions of a CMMS include Maintenance planning and scheduling Management of spare parts and inventory Recording and documentation of maintenance data Generation

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Change management: Successful transformation in companies

Change management is a systematic approach to managing and implementing change in organisations. It comprises the strategic planning, implementation and monitoring of transformation processes in order to ensure the adaptability and competitiveness of an organisation. The central elements of change management are 1. analysing the initial situation and identifying the need for change 2. developing a clear vision and strategy for the desired changes 3. communicating the change objectives to all those involved 4. involving and empowering employees in the

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The most important corporate management tools

Corporate management tools are essential aids for the effective management and control of companies. They cover various areas such as strategic planning, organisational structure, human resources, controlling, innovation management and risk management. These tools enable managers to optimise company performance, reduce risks and ensure sustainable success. The importance of corporate management tools for a company's success is undisputed. They provide managers with the necessary means to make informed decisions and improve performance. The targeted use of these tools can

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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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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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Efficiency through organisation: the Clean Desk Policy (CDP)

The Clean Desk Policy (CDP) is an organisational policy implemented in companies and institutions to ensure the security of confidential information and promote an efficient working environment. This policy stipulates that employees must leave their desks tidy and free of sensitive materials at the end of each working day. The main objectives of the CDP include: Protecting confidential data: By putting away sensitive documents and locking computers

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Efficient project controlling: Successful project management

Efficient project controlling is crucial to the success of a project. It enables the monitoring, control and coordination of all activities within a project. Through project controlling, costs, deadlines and resources can be effectively monitored and managed to ensure that the project is completed within the planned framework. In addition, efficient project controlling enables deviations and problems to be identified at an early stage, allowing project managers to take countermeasures in good time and

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Checklist: Frontloading in the planning and construction process

Frontloading is an important process in the planning and construction process that aims to optimise the planning and preparation of construction projects. The term "frontloading" refers to the idea that much of the planning and preparation work is carried out in the early stages of the project to ensure that all important decisions are made and all potential problems are identified before the actual construction project begins. This approach allows risks to be minimised, costs to be

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The importance of M&A transactions

Mergers and acquisitions (M&A) are corporate transactions in which companies merge or take over each other. In a merger, two companies combine to form a new entity. An acquisition occurs when one company acquires another and controls its business activities. M&A transactions can take various forms, including mergers, takeovers, participations and joint ventures. These can take place both nationally and internationally and have a significant impact on the economic structure. M&A activities are an integral part of

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Efficient management of debtors

Accounts receivable play a crucial role for companies as they have a major impact on liquidity and profitability. Effective accounts receivable management is therefore of great importance to minimise payment delays and defaults. In this blog post, we will explore and discuss various strategies and measures to improve accounts receivable management. Key Takeaways Accounts receivable are customers who owe money to the organisation and play an important role in financial planning. Effective strategies

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Strengthening the employer brand: tips for successful employer branding

In today's world, it is crucial for companies to have a strong employer brand. Employer branding is a concept that focuses on developing and maintaining a positive employer brand. In this article, we will take a closer look at employer branding and why it is so important for companies. We will also cover various aspects of employer branding, such as analysing your own employer brand, identifying

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Effective personnel management: strategies for success

HR management plays a decisive role in the success of a company. It encompasses all measures and strategies aimed at finding, retaining, motivating and developing the right employees. Effective HR management helps employees to realise their full potential and thus contribute to the company's success. This article looks at various aspects of HR management and provides tips on how companies can optimise their HR strategy. Key takeaways

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Optimising maintenance processes: How CAFM software can help

In the facility management industry, maintenance processes are of great importance to ensure the proper functioning and smooth operation of buildings and facilities. Efficient maintenance is crucial to minimise downtime, extend the service life of facilities and ensure the safety of users. This is where CAFM software comes into play. CAFM stands for Computer-Aided Facility Management and refers to software solutions developed specifically for facility management. This software

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Efficient order management in CAFM: how to optimise your processes

Introduction Computer Aided Facility Management (CAFM) is an important part of facility management as it supports the management and organisation of buildings and facilities. CAFM includes various tasks such as managing resources, planning maintenance work and placing orders. Efficient order management is an essential part of CAFM as it ensures that orders are processed quickly and efficiently. In this article, we will discuss the importance of efficient order management.

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