Technological innovation and manufacturing costs
In a modern market economy, the enterprise management environment should be the economic environment. This is due to the fact that the organization and the enterprise are economic categories that…

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The main components of self-management
Self-education has as its goal the acquisition of knowledge and skills necessary to improve the quality of life. Self-education is an independent increase in knowledge, exaltation in mastery: the more…

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Synchronization of management and financial accounting
In the past few years, more and more financial directors have been thinking about the issue of transferring management accounting and reporting of their enterprise to IFRS or at least…

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definition and comparison

COLLECTIVE CONSCIOUSNESS: about the eBay founder’s foundation

How impact investments, venture philanthropy and flexible capital change the world, says Elena Boytsun, Investment Director, Central and Eastern Europe, Omidyar Group.

Four years ago, I had a unique opportunity to become an impact investor, starting work in one of the most famous world companies in this field. The Omidyar Network, a philanthropic investment company of Pierre Omidyar, founder of eBay, had already invested more than $ 1 billion in various projects, companies and non-profit organizations around the world.

My task was to structure the activities, business models and portfolios in Central and Eastern Europe for the fund. Having plunged deeply into this sphere, I understand more and more that the region’s financial system needs transformation of the post-Soviet countries financial system towards flexible capital, and impact investments and venture philanthropy are the most logical tools for this. Continue reading

BEYOND THE EIGHT PARTIES

How the instability and fluidity of the world can make you invulnerable.
“The world is changing,” I muse, starting to write this article. The world is changing, or rather, has already changed. Even about 10 years ago, interest in traditional Chinese culture was the destiny of only specialist synologists, lovers of oriental exoticism and rare people who devoted their whole life to China. And now … Nowadays, the amazing imagination (if you, reader, you have it) of economic growth and the rapidly growing political influence of the Celestial Empire have turned interest in Chinese culture from a bizarre passion into a practically necessary component of any economic, political and business strategy.

They write about China. They say about China. They argue about China. Cultural scientists, political scientists, futurologists, businessmen and journalists. And all these conversations, conversations, discussions have a common denominator: Chinese culture is extremely valuable for modern civilization, which has found itself in the world of VUCA. This is an unstable world, a turbulent world, and, most importantly, a world that will never be the same. In other words, it is better to say goodbye to stability and predictability. Forever and ever. Continue reading

A reliable business plan for dummies

We are thinking
Do you already know what kind of business you want to do, who is the consumer of your product or service and how will you sell them? It’s important for you to understand that the goal of a business is money, and this entire article is about them and how to think about them.

It is important for you to properly set up your thinking. When you think about your business, you are dreaming, and that is right. But there is a danger: a dream easily develops into an illusion. It’s easy to dream not only in the evening on the sofa, it’s also easy to draw ridiculous numbers on tablets. Type plan fabulous profits. Continue reading

Buying securities on credit in five examples
Not only houses, cars and other durable goods are bought on credit. Securities are also bought on credit. They are also expensive, and lending is a natural means of competition…

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General algorithm for work to reduce costs
This algorithm is universal regardless of whether the cost reduction is carried out as a one-time project or as a regular process; the difference will be in the intricacies of…

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HOW TO BUILD A FINANCIAL BRIDGE IN CIVILIZATION
Strange creatures are people ... They always want what is inaccessible. And when at last there is an opportunity to get what you want, interest instantly fades away and it…

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The concept and tools for assessing the value of money over time
Financial management requires the constant implementation of various calculations related to cash flows in different periods of time. The key role in these calculations is played by the time value…

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