Founder of the automobile holding Almaz Group, about 6 myths of the automotive industry, its future and the life of retailers
Even after 25 years in the auto business, I try to look at the world with wide eyes. Change has become the essence of our lives, so we need to…

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Monitoring and control of the change process
Leaders have at their disposal a variety of methods of intervention, with which they are able to facilitate the development and changes in individuals, groups and organizations. It is knowledge…

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The benefits of a loan for small businesses.
For a small business, there are several ways to determine the benefits of a loan. The easiest, but also the most approximate way. Rather, it’s not even a way, but…

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The crisis of modern economic education

Dissatisfaction with modern economic education over the years has been deafeningly ripening at universities around the world. Finally, this discontent broke out. The media reported on an unprecedented event: at the University of Harvard (USA), the world citadel of training economists, financiers and managers, a strike of several hundred students was held in late November 2011 in the form of demonstrative withdrawal from the lecture. The lecture was delivered by Professor Gregory Mankyu as part of the Economics 10 course. The purpose of the strike is to protest against the bias of the course, its isolation from real life, the inability to form a critical and at the same time constructive attitude of the student towards economic realities. Continue reading

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 realize goals related to the growth of production and sales of products, increase in the productivity of technological complexes and income (net profit and depreciation deductions from tangible and intangible assets), increase in the value of the property complex and business generally.

Key words: metal products market, competitiveness, innovative development, operating costs, expanded reproduction, patent, trunk pipelines, metallophysical bases, chemical range. Continue reading

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

Typical Budgeting Mistakes
For modern companies, the urgent task is the introduction and development of a budget management system. However, even in those firms where the budgeting process is sufficiently developed, employees often…

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OWN HANDS
About running rabbit “I can not afford a week of vacation - the company immediately loses important contracts and is late with deliveries to the main customers.” “I can’t bring…

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Favorable loan - how to get a loan and not lose money.
To begin, I would like to return to the definition of a bank loan. The simplest, and most common definition, loan is the amount of money borrowed by the borrower.…

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CONTROL PACKAGE: how to maintain control over the board of directors and why it is important
For you, as a founder, it is of utmost importance to maintain control of the company. Therefore, it is extremely important at an early stage to pay attention to corporate…

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