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Technology Trends Impacting Today’s CFO(Content Princess – SEO)

As the CFO, your chief concern is the financial health of the business you work with. To remain competitive, you must also be aware of the latest trends in your sector. However, CFO’s may not have the time to maintain a competitive edge in both finance and technology.

This is where the division of labour is relevant. Division of labour is a concept first proposed by Adam Smith in his book “Wealth of Nations” in 1776. The concept of division of labour is centralised on the principle that by dividing tasks into their parts, and subsequently allocating a reduced variety of tasks to individual workers – but a greater volume of these individual tasks – that the speed at which any single process is performed is increased. Thus, the per-worker productivity of each employee is increased.

How does this relate to Systems, applications and products (SAP)? Artificial intelligence (AI) is a strong area of growth in the technological realm. By utilising automated systems for identification of potential problems as well as providing actionable insights, any CFO has a powerful tool for streamlining processes and gaining an edge over competitors.

There is a range of artificial intelligence systems available for customization and application to business processes, allowing human resources to be redirected into more skill-intensive areas. Many people distrust AI due to an inability to understand how they operate. However, the algorithms which AI relies on are significantly more reliable for routine tasks than the humans who make calculations the old-fashioned way.

Since AI is very likely to be here to stay, it follows that people who have a vested interest in such technologies will probably have an important contribution to make to the algorithms which AI relies on. By engaging workers’ perspectives with the development of these algorithms, the usefulness of AI in business can be improved. This will create a more inclusive atmosphere to the field of computer science and by extension, demystify a lot of the misconceptions many people have about it.

What are we to say about the problem of “Robots taking over worker’s jobs”? It is a valid concern that by increasing automation, we are creating a situation whereby people are being made redundant. However, it is not all bad news. As more robots take over the jobs which workers used to do, humans are freed up to pursue those actions which they find more enjoyable.

For example, one could envisage a future where a Father has more time to spend with his children due to the automation of tasks which he used to perform routinely. This is not to say that there will be no place for work in the future: instead, it means that workers can commit to the process of using their creative and imaginative abilities rather than feeling trapped in a job which involves long hours of routine and monotonous tasks which a machine could perform.

If machines perform the routine jobs which workers once did, what of the people who are made redundant? The answer to this lies in the notion that whilst a machine can perform millions of calculations per second, it cannot carry out the task of navigating its environment nearly as well as a human can. And there are countless examples of where people perform a job better than machines.

So, where we previously thought that machines were superior to humans, instead it seems to be the case that by using machines to perform the monotonous jobs that workers used to do, we are freeing up human resources to work on those other jobs which require a more adaptable kind of intelligence. It is important to remember that being competitive does not mean doing what everyone else is doing, but instead making the best use of the tools available.

While a human cannot calculate Pi to a thousand decimal places quickly, a machine can. On the other hand, while a computer cannot perform what is to a human a fairly straightforward task: such as maintaining a natural conversation, many people can do this with ease.

Since the explosion of the internet, almost all people in developed countries have access to a computer. While not everyone is inclined to jump into piles of computer code, there are still significant contributions to be made to algorithms by those workers whose jobs have been largely automated through AI, via, paradoxically, the face-to-face conversations which humans are so much better at.

Keywords

Technology CFO, Finance Technology, Modern CFO skills & competencies, Artificial Intelligence, Financial Health, Division of labor, Automation, Human Resources, Systems applications and products, Productivity

Technology Trends Impacting Today’s CFO(Content Princess – SEO)

If you are a CFO (Chief Financial Officer), you may not be asking for change and disruption. However, you need to be prepared for technology to play a significant role in the growing expectations of the job. Surveys have indicated that executives feel better about finance when they can provide real – time data and consistently – updated predictions. Cloud, In – Memory Computing, Big Data, Mobile and other technologies can make life easier for CFOs. The Cloud ERP is a proven technology which is assisting big business to operate more successfully.

Technology Trends to Watch Out for in 2017

The Services Economy Will Be “The Economy” – In 2017 more than half of all businesses will be structured around services – connected revenues. CFOs will become more occupied with customer approval, retention and rekindling.

Approximately 90{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of companies will acquire more than half their profits from services.

CFOs Get Hands – On with Customer Involvement – Businesses are moving from product and solitary transaction sales to service and subscription models. CFOs will be forced out of the back office and into ongoing customer – facing roles. Successful software companies must provide tools that:

Merge billing sources.
Sustain and automate new revenue models.
Give end – to – end discernibility across the customer lifecycle.

Revenue Recognition Will Propel CFO Technology Implementation – CFOs will become more dependent on cloud technology to follow revenue recognition standards. The IFRS15 and ASC606 standards will motivate the next move of technology improvements and encourage more businesses to move to the cloud.

Clever Assistants Move Out of the Echo Chamber – Strong artificial intelligence and voice recognition enable developers to develop systems that:

Test the position of project deliverables.
Manage reports.
Use simple voice commands to respond to business information.

Atlassian released a HipChat Alexa integration to allow developers to revert to code and tackle issues with websites using voice commands.

Evolution from Reactive to Proactive with the Cloud

Cloud ERP (Enterprise Resource Planning) assists companies to consume a computer source such as a virtual machine just like electricity. This negates the necessity of building and maintaining computing bases in – house.

The advantages of single based business platforms are:

Affordable and quick to implement.
Easy to manage and operate.
Sales scales to sustain future growth.
Adjustment to the firm needs
Data – rich with inbuilt business intelligence.
Provision of a united view for total visibility across the firm.

Cloud ERP provides a high return on investment. In a 2015 study, most companies reported an ROI of more than 150{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} after changing to the cloud which continues to mature.

Business in 2017 will go through significant changes, and CFOs who adapt will reap the rewards. In – Memory Technology combines real – time actuals with budgeting and analysis in one integrated system. Financial data is saved just once which makes almost every facet of commercial operations simpler, faster, more effective and cheaper. You will certainly experience the impact of technology trends which will make your job more enjoyable and improve the overall business prospects.

Primary Keyword – CFO

Secondary Keywords– Technology Trends, Cloud, Technology, In Memory Technology, Revenue Recognition, Businesses, Services Economy, Technology Implementation, Echo Chamber.

Wi-Fi THE NEW CENTER OF HOSPITALITY (Content Princess – SEO)

In a competitive business market, everyone wants to make a difference and offering free Wi-Fi is the latest trend.

Why offer free Wi-Fi?

Recently, the Wi-Fi revolution has taken the world by a storm, unlike the past few years. Today, restaurants of all types offer complimentary Wi-Fi to their patrons. It doesn’t have to be a restaurant alone but any industry.

The fundamental idea is understanding the benefits of offering the services. Providing a fast and reliable internet connection would be more advisable due to its advantages.

What are the benefits of free Wi-Fi to the customers?

Is there any real evidence of the advantages? Here is the answer. Here are some of the advantages;

Security to the customers
Nurtures community development
Makes waiting time seem short

Security to the customers

Room key cards have been replaced by facial recognition applications, therefore, increasing confidence among the customers. This has been made possible by fast internet connection.

Nurtures community developments

Free Wi-Fi access not only gives individual customers an excuse to stay around for your business but also provides reasons for groups to gather there and do something beneficial. The different groups might gather or frequently come into your store to have a free Wi-Fi access.

Makes wait time seem short

At a business where customers must wait for services, free Wi-Fi helps time fly. When clients are using Wi-Fi, they are less likely to be disappointed by time consumption in case a delay occurs.

Benefits of free Wi-Fi to businesses

Free Wi-Fi is certainly an added advantage to venue owners to attract new customers. Here are some advantages to the site owners;

Email marketing.
Promotion analysis.
Increased spending.

Email marketing

Many companies specialise in offering free Wi-Fi through custom portals which provide their guests promotional information in exchange for their email address. The service does not only get you a new chance to promote your industry but offers the opportunity to send exclusive promotion code. You can also wish them happy holidays and simply thank them.

Promotion analysis

If there are no increased total receipts at your company, then you need to do something. Tracking your customers could be the only solution. When a promotion is done, more customers tend to come in, and this helps to identify whether there is progress in the total number of its clients.

Increased spending

When customers spend more time accessing Wi-Fi, the more is their spending. Research shows that clients spend 50{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} more time and some of them even said that it increased their spending.

Conclusion

A fast internet connection that is brought about by free Wi-Fi access does not only bring about the benefits to both the customers and the business but also helps in the management of the company. There are a lot of advantages in offering this kind of service and the probability of thrilling in your business is huge.

According to this article, some words may be of a guest author. The ISL keywords used are,

Fast internet connections.
Email marketing.
Wi-Fi access.
Reliability.
Availability.
Research.
Customers.
Benefits.
Offerings.
Promotion.

Corporate Accelerators – Just How Effective Are They? (Content Princess – SEO)

First of all, let’s start out with what a corporate accelerator is. A corporate accelerator is a specific type of seed accelerator that is typically sponsored by a profit-centred corporate organisation. In the same way that seed accelerators do, corporate accelerators support startup companies while they struggle through their early stages. They often offer mentorship, capital and office space, to assist the startup companies during their launch period.

However, in contrast to the more regularly acquired programs, corporate accelerators usually derive their objectives from the organisation that they are sponsoring. Objectives which can include the desire to establish a funnel for venture capital investing or the wish to remain close to some emerging trends.

So, in short, a corporate accelerator is a tool which is supplied by large corporations and is utilised by smaller, startup companies who wish to grow their company at a faster rate than would be otherwise possible. Through the discovery of new technologies which can help to bring newer initiatives to the market at a much quicker rate.

So How Effective Are Corporate Accelerators?

The answer is very if they are dealt the right cards and choose to play them wisely.

One of the major turn-offs for newly-founded companies when coming across corporate accelerators is the investment side of things. The last thing that a new company wants to do is spend money straight away. Their attention is more centred around building a clientele and creating a unique product with excellent selling points. They’re already spending enough money on these things, so the idea of spending more makes them uneasy.

Though providers of corporate accelerators are aware of this side and have their ways around it, they offer startups a deal that they can’t refuse. Putting across terms that provide a win-win situation for both the involved parties. They make sure that the new business is aware that a corporate accelerator will not only lead to more depth in the market but will also help them accomplish the things that they wish to accomplish faster – things like building a clientele and driving traffic to their site.

Some corporates even offer free versions of their accelerator program by ensuring that startups are aware that no equity is taken from them at any stage, which is sure to rid of the fear of spending money and investing too much.

As well as being largely customer friendly, corporate accelerators are an immensely effective way of getting a startup off the ground. Many corporate’s motives for starting up an accelerator program is more often than not to do with staying relevant. Thus meaning that if the colossal scale corporation that is providing your accelerator manages to stay relevant, then your startup will have an increased chance of becoming relevant too – simply because of the sheer scale of the provider of the accelerator program.

So, all in all, corporate accelerators are an exceptionally good means for startup companies to get their feet off the ground. They are in a lot of cases free through free programs (and if you consider the profits made from such a small investment) and are also a much less stressful way of expanding a business in those rough, early stages. Thus making corporate accelerators highly effective in today’s market.

LSI Keywords:

Startup

Accelerators

Seeds

Corporation

Seed accelerator

Traffic

Program

Growth

Investment

Venture capital

Organisation

Sponsor

Who Does the Corporate Accelerator Benefit Most? (Content Princess – SEO)

For the past few years corporate accelerators have been viewed as a way to help young entrepreneurs get their start in the corporate world, and for many, this is just what they did. However, along with helping the young start-up, the corporations found that they would benefit from time, money, and effort that were expended on these young people. As expected, the corporations found that the accelerator brought forth a group of highly trained and disciplined work force that could add to the corporate ranks. Needless to say, corporations jumped on this idea and benefitted from the corporate accelerators.

An accelerator program often has a rental or lease component with it for the startup to enjoy space to perfect the company. However, when the leases were looked at realistically, these offered little to help the start up and much to help the corporation hosting the startup. For example, in New York, the average cost of low rent corporate space is about $12 per square foot. However under the guise of a corporate accelerator the contracted lease space rents to the start up for around $27 per square foot for a three to five-year lease.

The ability of the startup to receive and accept bids is often tied to the corporation also in that the bids must be reviewed by a governing body and of course cannot be a competitor of the corporate accelerator. Therefore this ensures that the corporate accelerator will have the first and foremost products of the startup and it will never reach the market for a competitor to benefit. If the startup is successful in obtaining a contract, the corporate host tends to benefit anywhere from 5{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of the revenue to well over 25{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616}.

It is necessary for the startup to weigh the benefits versus the cost of a corporate accelerator program. Obviously, the corporation is in it to make money but there are some gains that can be made for the startup that might not be had on their own. One great advantage is the networking and exposure that the corporate accelerator offers to the startup. Being able to be a part of the mix and day to day activities surrounding a thriving business offers the entrepreneurs a chance to mix and hone business social skills while learning from the best in the business.

Another advantage is that the young entrepreneurs are often offered positions in the corporation. While this might mean leaving the startup the opportunity with the corporation might be substantial enough to warrant this move. Often the startup is not going to be successful, so the opportunity to receive gainful employment is attractive.

So to answer the question asked in the title as to who benefits in an accelerator, the conclusion is that both sides benefit. Each side must know what the obligations are and by going into an accelerator program with eyes wide open, each side is positioned to benefit from the arrangement.

The Advantages of Private Equity (Content Princess – SEO)

The benefits of private equity to your portfolio are varied and knowledge of these benefits is valuable to any investor.

Private equity comes with the potential for making discoveries of undervalued companies which would be very difficult to find in the public sphere due to the scrutiny that public companies are under. Public companies must publish details of their finances quarterly, allowing all investors to respond quickly to small changes in profits or losses.

While this leads to a very precise measurement of the valuation of the company, backed up by a multitude of personal valuations of share worth, this also makes it very difficult for individual investors benefit from the acquisition of undervalued assets. In private companies, the absence of the requirement for published financial data means that valuations are significantly more obscure, meaning that comprehensive research is rewarded when assessing the real value of a company.

By performing more extensive research on a company than competitors, individual potential shareholders can act on information which may not be available to competitors.

Public companies are under great pressure for shareholders to maintain profits, lest published financial data leads to a reduction in share value and the selling of assets by shareholders. This need for public companies to maintain short term profits underscores the advantage of private companies, who can afford to maintain a deficit in the short term if it means increased profits later.

This ability to maintain shareholder confidence despite lack of profits in the short term allows for significant opportunities to acquire assets which have been undervalued due to a short-term lack of profitability, even if long-term projections are strong.

Of the 27 million companies in the United States, less than 1{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} are public companies. However, many opportunities for building diverse and profitable portfolios exist in the private sector. Investing in the private sector allows investors to compliment the activities of public sector companies, generating increased profits through supply line facilitation, synergistic co-operation or addressing market gaps which would be too unwieldy for the more restricted public companies to capitalise on. Also, investment in private equity is a means by which risk can be avoided.

The reduced level of scrutiny which private companies are under means that they can make decisions much more quickly than a public company can. This brings numerous benefits for several reasons. These include the fact that global marketplaces change often, with competitors attempting to be the first to respond to changes. Companies must be able to respond quickly to these changes in the market to stay competitive.

By removing the obstacle of being subject to the scrutiny of a greater number of shareholders, private companies can respond to changes in demand more quickly than a public company can, benefiting both consumers and shareholders.

Reduced levels of scrutiny mean that private companies are much easier to influence when it comes to the decision-making process. Public companies are managed by boards of directors who may or may not take into consideration the views of individual shareholders. On the other hand, Private companies usually display a greater likelihood for shareholders to influence the direction of the company, allowing you more freedom to make your perspectives and contributions known.

There are likely to be many other advantages to private equity not mentioned above, including the ability to support causes which have personal significance to the investor.

Keywords

benefits of private equity, Private equity, undervalued companies, public companies, undervalued assets, shareholders, shareholder confidence, acquire assets, diverse and profitable portfolios, private sector, public sector companies, private companies

Watch Your Funds Grow (Content Princess – SEO)

In today’s world of a strong financial market, many are questioning if wealth is added to a portfolio by investing higher rates of private equity funds. Many investors and CFP’s are looking to these private equity funds as an additive to portfolio and in the past much care has been taken to preserve the mutual fund mix as opposed to these funds. The size of the mutual fund market always made it the most attractive portfolio base. There are some groups such as the Pensioners Fund that restrict a number of private equity funds to less than 10{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of the mix in the portfolio. But perhaps in the current environment, the reliability of these funds has proven that private equity assets are a good fit into a profitable portfolio.

There are many investment strategies used with private equity funds in portfolio management. One strategy that is most effective is a hybrid strategy which allows for about a 25{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} private equity allocation and the remaining 75{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} comprised of mature funds investment. This combination assurance is a hedge against any area of non-performance while assuring the private equity strong returns. For many CFP’S this hybrid combination is safe, conservative and functions well for most portfolios.

There are some that prefer a higher rate of private equity funds. The high entry barriers have to be overcome to have a higher rate of private equity funds in the portfolio. The investment threshold for the private equity fund has been raised to $10 million which makes it substantially more attractive to the investor and so they are opting for higher rates of private equity and mutual funds ration.

The private equity managers are looking to help the investors such as the 401K and the IRA accounts into a greater proportion in the assets class of private equity funds. When the investor wishes for greater private equity options, they are looking at the goal of either going for long-term growth rate or wanting a high yield in the portfolio. The answer to this is usually brought to a private equity multi manager. Firms that use high rates of private equity have a group of funds that they are most likely to recommend. The managers explore the value of many companies to determine their viability and growth potential so that these managers are the most prepared to point out the pluses and the minuses of the various private equity firms for portfolio inclusion. Again depending on the end result desired by the investor, different private equity firms may be recommended.

There may be an extra fee for including certain private equity firms in a portfolio depending on how much research is involved into the company before it is recommended as stable assets. Some firms do not pass this fee to their clients but consider a due diligence service. Everyone knows that the research only offers a suggestion, but it is an informed guess as are so many other suggestions in the world of finance. The financial climate does appear attractive to include private equity funds at a rate that is comfortable for the investor about their investment goals.

Keywords: private equity funds, private equity,

Innovative Startups: Growth Is More than Money (Content Princess – SEO)

India has the distinguished honour of being in the top 5 countries in the world for innovative startups. There have been many recent startups in India that have mastered the art of expansion in every type of business from food to community. The booming growth and economic power add steam to this tidal wave of innovation. However, companies need more than money to appropriately and successfully scale up new businesses.

Steps to Success: Build a Brand

One of the most important aspects of growing a business is building a recognisable brand. Startups often begin with a fantastic idea that could change the landscape of business, but without a recognisable logo and value structure, the company is unlikely to drive forward into a larger entity.

Wow!Momo is a perfect example of branding. Their logo is instantly recognisable, even from a distance, immediately attracting attention and attracting customers. This may seem like a difficult task, but there are companies available that can assist you in building a strong, visible brand. Don’t be afraid to outsource!

Steps to Success: Market Targeting

If you have a great product or company, customers are sure to quickly and easily find out about you, right? Wrong! To properly scale up a business, you need to reach out and find more customers. To find new customers, you conduct market targeting. Market targeting will help find your consumer base and let them know your company exists. Successful targeting can bring in new clients by the thousands giving your business the foundation it needs to grow.

Batman Delivers an ideal example of a company with targeted marketing. Using a darker superhero image plays well to the late night video gaming crowd who would use their anytime delivery service. Do you know how to approach market targeting? If not, there are consulting companies (often the same ones that can help with the brand building) that can help you achieve good marketing.

Steps to Success: Finding Talent

One of the most challenging aspects of growing a business and scaling up production is finding and hiring the proper talent. With good people, your business could grow exponentially through the application of skills. The main trouble is finding those people. There are a great many options for finding talented people but if you don’t have the expertise or the time, consider using a specialised company to do it for you.

Steps to Success: Social Media

Nowadays, social media can be either a hindrance or help to scaling up your business. Social media can provide a broad audience and customer base, but if your company is poorly represented, the word can spread quickly.

The key to social media is a polished presence. PassItOn is an excellent example of a company that has a strong social media presence. They have great looking photos and videos and stay connected with their audience. There are many consultants available if you aren’t tech savvy but the most important part of social media is to make sure you’re engaged with people.

Steps to Success: Networking

While social media can lead you directly to the customer, networking can lead you to expansion opportunities. If you are creating a product, proper networking can lead you to stores that could carry your product. Likewise, a service provided well to one company is often recommended to other businesses.

This can be one of the hardest steps to complete when scaling up your business. What do you do if you don’t have industry contacts? Find a company that does! There are consultants out there whose sole purpose is to help network your product to larger companies. Another approach could be to use professional networking sites such as LinkedIn, but cold calls are often ignored when this method is taken.

Conclusion

When looking to scale up and grow your business in India, look beyond funding. Funding is a good start but to be truly successful you will need a strong foundation of support in talent, marketing, branding, and networking.

Keywords: Startups, innovative, brand, scale up, business, market, company, targeting, grow, India, success

5 Excellent Product Management Portfolios – and How to Create Your Own (Content Princess – SEO)

Product management is such a vast topic that it can be hard for new and aspiring PMs to know what they should aim for. What skills and experience will help you to do the job?

There are various ways of categorising the different types of product managers. One popular way of defining the different roles is as builders, tuners and innovators. Most product management jobs will have elements of all three categories, but various projects will need you to take on different roles.

As we look more closely at the different product management roles, we’ll also look at examples of people working on each type of project right now and think about their product management portfolios.

Builders

The ‘classic’ product manager. They focus on taking an existing product and moving it on. They are great at listening to users and planning what needs to be done (and the best way to do it) to improve the user experience as much as possible.

Builders never really think that a product is finished and are always looking for fresh ways to refine and polish it.

Nundu Janakiram

Now in charge of driver engagement for Uber (where he has been since August 2014), Janakiram has listened to Uber’s drivers and used this information to improve their experience.

His portfolio includes Google’s Associate Product Management Internship and work at Honeywell, Google and YouTube.

Tracie Cheung

Currently working for Amazon, since 2014, she has been developing and managing the product search plans in several countries.

Past experience includes work for Vtech, Lockheed Martin and Gilt. Her resume gives more specific details of the different roles she has fulfilled.

Tuners

Tuners focus on fine-tuning their products as much as possible. They are great at testing products and analysing the results to identify and solve problems. They are always on the lookout for new ideas and ways to apply these to their products.

These types of product managers enjoy testing their hypotheses to see if they are correct and love to see how their work makes a project more successful.

Amir Fish

Works for Google. Since March, he has been leading a project to improve the Search tool for users.

His portfolio includes several other PM roles for Google, as well as a range of software engineering jobs for different companies over the last 18 years.

Greg Marra

Product manager at Facebook since 2012 where he works on improving the user experience

Internships for Google, Zeemote Inc., and Microsoft form the foundation of his portfolio which also includes many of his projects, past and present.

Innovators

These PMs work with brand-new products to find their market fit. They enjoy starting from scratch and following a project right through to its final stages.

They can assess each iteration of a product and decide how to improve it in the next version. They are also able to identify when an entirely new approach is needed, instead of further iteration

Innovators are aware of the possibility of failure, since producing a new product can be risky.

Laura Holmes

As Senior Product Manager on Google’s Project Fi (2013-2016), she saw the product through from the early stages to its release.

Several internships – for ClickStream Technologies, Google and Foxmarks – form the basis of her portfolio, which also includes work for the Global Health Corps and Cooliris, as well as other product manager roles for Google.

Building your portfolio

As these product management portfolios show, you don’t have to decide to be a builder and stay that way forever. In fact, getting an experience of each of these roles is a great way to build a strong portfolio of your own.

While you’re developing your product management portfolio, consider the following:

Aim to show experience of several different product management roles.
Your resume should highlight your core skills.
Include your website, presentations, videos, etc. that show your innovative capabilities.
Have a good networking circle that knows the way you work and your achievements.

While your background and skills are likely to lead you in a particular direction, it is useful to demonstrate that you have experience of several different product management roles. This will make your portfolio seem more rounded than if it only shows a more narrow skill set.

Another advantage of having a range of experience in your product management portfolio is that

it will make you more aware of your skills and strengths.

Primary Keyword: product management portfolio

Variants: product manager, product management jobs, product management roles, senior product manager

Synonyms/ Antonyms: builders, tuners, innovators, resume, experience, internship

Resources

http://www.sachinrekhi.com/3-types-of-product-managers-builders-tuners-innovators

https://www.linkedin.com/in/nundu

https://www.wired.com/2015/10/uberredesign/

https://www.linkedin.com/in/lcholmes

https://www.wired.com/2015/09/googles-cell-service-snare-major-carriers/

https://www.linkedin.com/in/afish

https://branded.me/amir-fish

https://www.linkedin.com/in/tracie-cheung-66a0568

http://traciecheung.com/resume.pdf

https://www.linkedin.com/in/gregmarra

http://www.grgmrr.com

https://www.linkedin.com/in/lcholmes

https://www.wired.com/2015/09/googles-cell-service-snare-major-carriers/

The GMAT- A Mighty Foe in Comprehension (Content Princess – SEO)

The GMAT (The Graduate Management Admission Test) was developed by the Graduate Management Admission Council (or GMAC) and assesses analytical writing and problem-solving mechanics that are believed to be essential to real-world business management success. You can currently take the GMAT exam in one of 600 test centres around the world, and roughly 250,000 people take the exam every year. The GMAT test adjusts according to your ability to answer questions in a quick and timely manner, so even if you’re successful and well prepared,you’ll have your work cut out for you. No pressure, though.

Know Thy Enemy

The exam itself can be broken down into four different segments, each with their own particular focus, duration, and question types.

Analytical Writing Assessment (AWA)
Integrated Reasoning
Quantitative
Verbal

The Analytical Writing Assessment consists of merely one answer. Don’t get too comfortable with that idea, though. It’s in the form of a 30-minute essay where you must provide a well-articulated analysis of an argument.

The Integrated Reasoning portion measures your ability to assess vital information from multiple sources and formats properly. It consists of 12 questions that cover graphics interpretation, two-part analysis, multi-source reasoning, and table analysis.

The Quantitative section measures your ability to use the information given in a problem and reason quantitatively. This is the section where some arithmetic knowledge and insight comes to great use, as calculators are not permitted. Ouch! There are 3 questions in this portion.

Finally, the Verbal section is primarily comprised of reading comprehension and critical reasoning questions with the primary focus being to measure your ability to analyse and draw satisfactory conclusions.

Grading of the GMAT Test

Each section offers its own grading scale, but only two actually factor into your overall GMAT score (which range from 200-800, with the average from test takers being somewhere between 400-600). The AWA and Integrated Reasoning sections do not affect the overall score. A breakdown of the scoring scale is provided below.

AWA- The essay is graded on a scale of 1-6.
Integrated Reasoning- These 12 questions are graded on a scale of 1-8.
Quantitative- Graded on a scale of 0-60, GMAC reports scores only between 6 to 51.
Verbal- Graded on a scale of 0-60 as well, scores below 9 or above 44 are quite rare.

The True Test

While there are no true prerequisites to speak of, a good understanding of the English language and your ability to process comprehensive questions quickly is essential to acing the GMAT exam.

Considering the umbrella of information it broadly covers.There’s one critical area that could help lead to success in every branch of the exam: your ability to quickly read and understand the information and reading passages (particularly vital in the comprehension and essay section). While an amount of English fluency is assumed for the exam, what if you’re from abroad? Business doesn’t just thrive and grow in English countries, after all.

So let’s focus on improving your reading speed, shall we?

Your New Best Friend, Streamlined Note Taking

This may go without saying, but let’s cover it anyway. Do you find yourself overwhelmed and struggling with some notes you feel compelled to take during passages? There’s a subtlety to taking proper notes to these passages.

It’s essential to evaluate what’s important to the question/task at hand. Proper filtration of sufficient data is one of the things this test primarily focuses on, and this is where that school of thought rears its head the most. Reviewing the questions before delving into the content can help you filter through the non-essentials as you go.

When starting on your notes, don’t just rewrite the information as you see it. Focus on what’s important. What is the point of view/argument? Where are the examples? Is it informational or opinionated? Breaking down most of your notes into these basic categories can help you sift through the barrage of information present in the roughly 350-word passages

Proper Prepping

There’s not really a quick and easy way to completely ace your GMAT, and there are many different solutions and ideas on what to do for prep. There are actually various websites and forums dedicated to helping people study and prep for this exam as much as possible. At the end of the day, however, nothing beats hard work and persistence when it comes to any major test, but knowing a few easy tricks beforehand to help you speed up comprehensively can help you get a major jump start on the meat of the problems ahead.

Primary Keyword: GMAT

LSI Keywords:

Variants: overall GMAT score, ace your GMAT, GMAT test, acing the GMAT exam, take the GMAT exam

Antonyms/Synonyms: Analytical Writing Assessment, major test, comprehensive questions, Reviewing the questions, easy tricks, hard work and persistence, critical reasoning questions, Quantitative, Verbal, graphics interpretation, English fluency

Sources:

http://www.mba.com/us/the-gmat-exam/about-the-gmat-exam.aspx

https://en.wikipedia.org/wiki/Graduate_Management_Admission_Test

http://www.beatthegmat.com/

https://gmat.economist.com/blog/verbal/gmat-reading-comprehension-improve-speed-taking-notes

http://gmatclub.com/forum/how-to-destroy-reading-comprehension-passages-by-rhyme-30247.html#p205035