Insight guru • 6d
GIVE AWAY ALERT!!!! - A BOOK OF MY CHOICE FOR 1 WINNER WHO GIVES AN APPROPRIATE ANSWER (I would be the judge and jury for all the answers) TO MY QUESTION. QUESTION:: You are the founder of a small bootstrapped company who provide tech services to various mid size MNCs across the globe. Your team comprises 50 IT employees who were divided and allocated into various projects. You have a HR dealing with recruitments, a CFO looking after the finances of the company. You took 2 independent board members who had advisory equity and two more family members as the part of your board. Your company is 5 years old, has a good track record of growth in first years but the last 2 years, revenue is declining 20% a year and profitability declining 10% an year. Reason for the degrowth is the global slow down in the western companies which eventually led to aggressive negotiations from those companies regarding the project costs. Simultaneously, there's a pressure from the employees for increase of salaries who are threatening to leave the organization if their demands are not taken care of. Also, a new AI company is in the market which can be a good competition in providing similar kind of services to the clients at a cost which is 20% cheaper than your quotations. You have $100 million in your bank and as the founder CEO of the company you need to tackle all the situations. WHAT WOULD YOU DO? PS: Your answers can be elaborate, can be dealing with one or all the problems mentioned. Write the intentions and reasons behind your answer. I admit that, there's no standard bookish answer for this, So, I'd just evaluate the answers based on my ability to understand and select the best one that I find reasonable. You have one week to answer and I would declare my winner on 25/08/2025. Winner receives a original hard copy of a book which I believe is something that can guide an entrepreneur in managing his company and keep good relations with the employees. I can promise that it would be a great book . Good luck
याचना नहीं अब रण होग... • 1y
A idea on retaining employees An application provide to all employees and Aaj some questions from them about work Like they feel satisfy Is there any improvement needed etc etc to enhance productivity and also train HR department for that speciall
See MoreWhat's is madial • 7m
Step-by-step guide to starting a company: Step 2: Create a business plan 1. Create a detailed business plan. 2. Define the mission, vision, and objectives of your business. 3. Create a marketing strategy for your product or service. 4. Create your b
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