Writing a dissertation will help you to earn the much coveted academic credentials. However, completing the paper is a challenging task even for the most enthusiastic students. Dissertations are intense, taking months and sometimes years. They require a lot of research, data, and writing. They are also scrutinized intensely, requiring you to be more thorough in your writing.
Understanding The Main Problems When Writing a Dissertation
Almost half of the people who begin their dissertation writing journey do not complete it. Those who complete their studies take too much time and have a stressful experience. What challenges do students experience when writing dissertations and how can they overcome them?
Choosing a topic
A dissertation topic indicates the subject you intend to discuss in your writing. The topic will guide your research, data collection, and entire writing experience. Get dissertation online help to save time and reduce the pressure you face when writing your paper. The assistant will help you to pick the best topic, find research materials, and draft a captivating paper.
The best topic is one driven by passion. You will enjoy writing the paper, including long hours of research. Choose a topic you are passionate about to help you to craft insightful ideas. The topic must be fresh and interesting to study. Pick a subject that is relevant to your discipline of study.
Time to write
Dissertations are intense and require a lot of time to complete. Unfortunately, many other activities will be competing for your time. The best approach is to dedicate time to write the paper. Set a specific time in the day or week when you must write a few paragraphs. Shelve non-priority items and social events until you complete the paper.
Create a comfortable place to write the dissertation. It should allow you to focus on the task by eliminating distractions. Avoid writing your paper when tired or sleepy because it lowers your quality of discussion and will take more time than necessary.
Quality reference materials
A dissertation is the highest academic paper you will ever write. It is scrutinized heavily before approval. It will continue to be critiqued since it is recognized as future reference material. Therefore, all the ideas you share must meet the threshold. You meet this desired quality by using the right reference materials.
The library is a reliable source of quality materials. Online databases also provide a viable option when looking for quality reference materials. Discuss the materials you intend to use with your tutor to ensure that they meet the standards necessary.
Citation and referencing
Referencing is a crucial part of academic writing because it guides the reader to the source of your ideas. However, the referencing rules are difficult to understand and implement. Luckily, you can use citation apps and platforms. They help you to capture the details accurately, guiding your readers appropriately while you write.
Completing a dissertation requires a lot of planning and help. Hire a professional dissertation coach from writing services online. Use writing apps and websites to make your work easier. Dedicate enough time to research, collect data, and draft a compelling dissertation.
Applied machine learning can be a distinct advantage for enterprise searching for innovative ways to tackle complex problems. This technology permits companies to analyze tremendous amounts of data and make forecasts based on examples and connections. With the right machine learning algorithms and instruments, businesses can settle data-driven decisions based on statistical examination and insights instead of intuition. So, it’s clear why many companies are turning to applied machine learning to tackle their most pressing business challenges.
How Enterprise Applied Machine Learning Can Help Solve Business Problems
An Overview
Machine learning is an advanced innovation that changes how businesses work. It involves using algorithms that enable computer systems to learn from data without being explicitly programmed automatically. With machine learning, businesses can predict customer behavior, optimize supply chain management and improve product offerings.
This technology could change how businesses work, remain in front of the opposition, and develop their main concern. By utilizing machine learning, businesses can pursue data-driven decisions that lead to better results. Nothing unexpected that more and more companies are integrating this technology into their activities to remain competitive in the present rapidly impacting world.
Foundational Concepts You Need to Know About Applied Machine Learning
Applied machine learning is rapidly acquiring strength as one of the most requested fields in innovation. Before diving into machine learning, it’s essential to have a strong understanding of the central ideas that support the field. These include statistical theory, linear algebra, calculus, and probability theory. Familiarizing yourself with these principles will provide the tools to develop and deploy machine learning models effectively.
Furthermore, it’s fundamental to deeply understand the algorithms used in machine learning, for example, support vector machines, random forests, and artificial neural organizations. Gaining expertise in these areas will allow you to effectively build cutting-edge applications utilizing machine learning to provide value to businesses and consumers. With a strong foundation in these ideas and procedures, you’ll be good to go to leave a career in applied machine learning.
Benefits of Applying Machine Learning in Enterprise
Technology has reformed the way organizations work, and one aspect that has recently acquired critical consideration is machine learning. This technology empowers machines to make expectations and choices based on data, reducing human mediation requirements. The benefits of applying machine learning in business include the following:
Improved decision-making accuracy.
Faster and more efficient processes.
The ability to examine a lot of information continuously.
It allows businesses to predict stock prices and customer behavior, and personalize marketing campaigns, among other things. By embracing machine learning, businesses can get ahead of their competitors and operate more efficiently, ultimately leading to greater success.
Challenges and Opportunities for Applied Machine Learning
Applied machine learning is an amazing field that is continually evolving. However, with every opportunity comes its arrangement of challenges.
One of the biggest hurdles for machine learning is ensuring the quality of inputted data. With clean and well-organized data, the accuracy of machine learning algorithms can improve.
Another challenge is the ever-present bias in machine learning models, which can lead to unequal outcomes and discrimination.
Despite these hurdles, there are vast opportunities for applied machine learning, including making sense of complex data sets and improving the accuracy and efficiency of processes.
Popular Tools and Frameworks Used for Applied Machine Learning
In the present digital age, applied machine learning is a rapidly developing field, and utilizing the right devices and systems couldn’t be more significant. Machine learning algorithms rely heavily on data, computation power, and specialized software. That’s why popular tools and frameworks like
TensorFlow, developed by Google, is a widely used open-source software library that excels in deep learning tasks.
PyTorch is another popular open-source framework that has a user-friendly interface and allows for seamless experimentation with data models.
Scikit-learn is a powerful library well-suited for machine-learning tasks like clustering and classification.
With such innovative tools and frameworks at our disposal, the possibilities of applied machine learning are boundless.
Strategies for Successfully Implementing Applied Machine Learning Projects
Applied machine learning is a hot field that is rapidly changing and can reform numerous businesses. However, successfully implementing machine learning projects can be challenging for many organizations. Fortunately, the right strategies can overcome common challenges and achieve success.
One important strategy is to start small and build iteratively. It means selecting a focused problem and building a minimum viable product (MVP), testing it, and incorporating feedback to improve the model.
Another key strategy is to ensure that your team has the right expertise and resources to execute the project. Also, It might mean hiring outside help or investing in employee training.
By following these strategies, organizations can successfully navigate the complexities of implementing applied machine learning projects and reap this technology’s many benefits.
Key Takeaways from Applying Machine Learning in Your Business
As businesses hope to improve and remain competitive in the rapidly changing digital landscape, machine learning has become an important device for acquiring insights and making data-driven decisions. Among the key takeaways from applying machine learning in your business are clearly understanding your data, using the right algorithms and techniques, and focusing on the business outcomes you hope to achieve.
Conclusion
In conclusion, applied machine learning offers tremendous potential to organizations and businesses of all sizes. Enterprise Applied Machine Learning projects require considering and implementing foundational concepts such as data preparation, modeling, evaluation, data visualization, automation, and storage. With suitable strategies, including documentation and auditing processes, successfully implementing applied machine learning technologies can help drive improved efficiency, effectiveness, accuracy, and scalability with minimal risk and cost.
Successfully implementing an applied machine learning solution project in your business environment requires keenly understanding your requirements while selecting the right tools. With its vibrant ecosystem of frameworks and tools available to aid rapid development initiatives – embracing the possibilities presented by applying machine learning within your brand domain may be just the solution you are searching for!
With the continuous development of our country’s social economy, the development of highway engineering project cost management is getting faster and faster. To a certain extent, the quality of engineering project construction has stood greatly improved. And it has also provided strong comprehensive competitiveness for enterprises.
Here are the articles to explain, Application Thinking of Cost Management in Highway Engineering Project Management
This article will first analyze the content and existing problems of highway engineering project cost management. And then focus on how to effectively carry out cost management.
Main Keywords: engineering construction project; cost management; measure
Content of cost management in highway engineering construction management
Cost supervision
It is necessary to carry out cost management for each link. Such as cost management in procurement, design, and entrustment; as the expenses spent in each link. The payment of project funds and the payment progress of the project need to effectively supervise. It is necessary to ensure that regular and quantitative capital payments can make every month according to the actual engineering situation. A complete cost report must also prepare, and the audit work of the project must also be completed.
Formulation and adjustment of cost plan
First of all, it is necessary to cooperate with relevant departments to establish a harmonious cooperative relationship. And to complete consulting, analysis and coordination work carefully. Every decision-making and adjustment project needs to consider cost factors.
Secondly, in response to the changes formed by the project, a series of cost changes cause by predicting. Analyzing the target and changing the environment, at the same time. It is necessary to properly adjust the cost plan, including all the cost compensation issues. Coordinate and adjust, and finally solve the problem.
Finally, an in-depth analysis of the problems of overspending and saving that occurred at the technical and economic level, taking the overall cost as the biggest starting point, and continuously optimizing the technology, quality, progress, and construction period of the project.
Cost management measures in highway engineering project management
Cost management before project construction
(1) labor cost
In addition to doing a good job in market research, the relevant staff must also analyze the characteristics of the construction project, and finally calculate the labor costs of each part of the summary. The construction team should control the labor cost according to the previously set labor cost standard. That is to say, it must ensure that the total labor cost of the production value realized by the construction team in one year is greater. Then the total salary of the construction personnel is in one year. Otherwise, the control of labor costs will consider failing.
(2) Machinery fee
In the project cost accounting content of the entire highway engineering construction, the mechanical cost is a very important content. When calculating the mechanical cost, the relevant staff must perform corresponding calculations according to the different machines. To complete the control of machinery costs, it is necessary to minimize the number of machinery shifts consumed during the construction process, rationally allocate machinery and construction organizations, and make good use of machinery and equipment to the greatest extent.
In addition, it is necessary to regularly check the construction equipment and do a good job in the repair and maintenance of the equipment, to prevent major problems in the equipment and increase the maintenance cost, minimize the idleness and improper use of the equipment, and control the fuel consumption of the equipment most effectively.
(3) Management fee
The management expenses generally include the management of the project department and the management of the site. The management of the site mainly calculates according to the management personnel, climate conditions, site environment, and the professional quality of the relevant management personnel. Management expenses mainly include the salaries of management personnel, business entertainment expenses, travel expenses, fixed asset usage fees, office expenses, and labor protection expenses. cost.
(4) Material fee
Among all the price factors, the material cost is the most variable price. And it is also a relatively large factor in the changes. In the change of material price, the change is generally based on the continuous change of supply and demand. If you want to ensure that the price of the material is more reasonable. The relevant staff must conduct serious research on the market and have a certain grasp of the market situation. After that, the material price will be reasonably determined.
Purchasing personnel must first determine the number of materials required for construction, and control the amount of cement. And steel issues during construction, and use the method of basic consumption plus reasonable loss for settlement. In addition, it is necessary to reasonably determine the price of materials. Lower material prices can also reduce the cost of materials. When purchasing materials, multiple suppliers should select, and strive to purchase. At the best price under the premise of ensuring the quality of materials.
Cost management in the process of project construction
(1) Contract management
In cost management, contract management, as a common management method, mainly establishes contract management based on resources. Which will have a strong binding force on the cost management of both parties. And finally, put its cost management in the project In the construction of the project, a specific implementation is carried out. To continuously strengthen and manage the progress and quality of the construction.
(2) Construction process cost management
During the construction process of highway construction projects, construction personnel must follow the planned cost and cost forecast and cost accounting in each project, and strictly follow the requirements of statistical accounting, business accounting, and accounting. Carefully analyze the process of project cost formation and the high and low factors that affect the cost level, and strive to improve the operation and management model. Only in this way can the construction cost continuously reduce.
Cost management in the late stage of project construction
In the later stage of highway engineering construction, the construction enterprises must conduct a very systematic summary of cost management, and analyze the cost management measures suitable for each enterprise, to formulate cost management standards that are in line with the actual situation of the unit. It can provide the basis for cost management in the future. Which can not only effectively increase the grasp of bidding competition. But also significantly increase the breadth and depth of highway engineering project management.
Conclusion
To sum up, the main purpose of cost management in highway engineering projects is to scientifically and rationally arrange manpower, material, and financial resources, and to seek maximum operating benefits. Taking the value principle as a guide, dynamic management and scientific decision-making Effectively combine and implement all relevant measures in cost management. So that the cost of project construction can effectively manage and the stable development of highway engineering projects can promote.
As one of the key projects related to the national economy and people’s livelihood. The importance of electric power engineering has become increasingly prominent. With the rapid development of my country’s social economy, electric power engineering has made great progress. Which reflect in electric power-related technologies and the scale of electric power enterprises.
Here are the articles to explain, Analysis of Management Problems in Electric Power Engineering Installation Projects
Electric power installation and construction projects are an important link in the development of electric power engineering and have a very important impact on the development of the industry. Therefore, to ensure the good development of power installation and construction projects. It is necessary to improve construction technology and strengthen construction project management at the same time.
Main Keywords: electric installation; project management; construction
This article mainly starts from the perspective of power installation construction project management, first briefly analyzes its basic content, and then elaborates on the main links involved and the problems that need attention, aiming to provide certain references for power installation construction project management.
In the healthy, stable, and rapid development of the social economy, power security is an indispensable factor. In recent years, the reform of my country’s electric power system has been continuously promoted. And the development of electric power engineering has ushered in new opportunities and challenges. Due to the obvious advantages of power installation. Such as sufficient funds and advanced technology, plays an important role in promoting the development of power.
In the development process of power installation construction projects, construction project management plays an irreplaceable role. However, what needs to realize is that there are still many problems in the management of power installation construction projects. Such as delays in project progress and substandard quality. Because of this, this paper analyzes some problems in the management of power installation construction projects. To provide certain references for promoting the development of power systems.
Content of power installation and construction project management
For a complete power installation and construction enterprise. It needs to meet several basic conditions, such as funds, capital, labor, equipment, technology, etc. Therefore, in the management of power installation and construction projects. It is necessary to start from the above aspects, rationally coordinate and allocate, and achieve “make the best use of everything and make the best use of people”, to effectively improve management efficiency.
The process of carrying out power installation and construction projects is not always a single repetition. But is constantly changing according to the specific requirements of each project. And on this basis, optimizes the allocation of various resources, such as labor, materials, funds, technical processes, etc. This optimal configuration is a dynamic process. In power installation and construction projects, it is necessary to strictly control the overall cost of the project under the premise of ensuring quality, avoiding waste to the greatest extent, and completing project management efficiently.
The main links between electric power installation and construction project management and its precautions
In the project management of electric power installation and construction. The main links involved include four aspects, namely project management, labor resource management, labor allocation, and capital management. In actual management, it is necessary to make relevant precautions according to the characteristics of each link.
Engineering project management
For the management of electric power installation and construction projects. It is very complicated and cumbersome work, involving many aspects, mainly to make reasonable arrangements for the quantity, steps, and time of resource input, and adhere to the principle of “saving, reducing consumption, High quality” concept to improve resource utilization.
On the one hand, it is necessary to ensure that the investment and expenditure of project funds are reasonable. And to avoid phenomena such as favoritism, fraud, and waste; on the other hand. It is necessary to rationally allocate project labor to ensure that the project can complete with high quality. In addition, attention should pay to progress management to avoid delays and increase costs.
Labor resource management and attention to the realization
In the management of electric power installation and construction projects, labor resources are a problem that cannot ignore. The quality of the labor force directly affects the level of construction quality. Therefore, in the actual management of electric power installation and construction projects, attention should pay to the following aspects:
1) Improve the overall quality of management personnel. Enterprises need to pay attention to and strengthen the training of management personnel to improve their professional qualifications and professional skills;
2) Pay attention to staffing, enterprises need to combine enterprise development, internal construction, etc., and adopt various forms of employment, such as permanent workers, temporary workers, and contract workers, According to this flexible personnel management mode, labor resources can be reasonably arranged according to the actual needs of the project;
3) Incentive mechanism is adopted. To fully mobilize the enthusiasm and initiative of the staff, the enterprise should also adopt an incentive mechanism. For the staff with outstanding performance and ability, incentives such as bonuses, salary increases, and verbal praise should be given to fully mobilize the enthusiasm and initiative of the staff. sex.
Labor allocation and attention to the realization
Power installation and construction projects, it is a technical and professional project. In the process of labor allocation, it is necessary to combine the specific requirements of installation and construction, and at the same time comprehensively consider the characteristics of the type of work, construction progress, etc., and adopt a reasonable allocation method. It is worth noting that for projects with relatively high construction standards, to ensure construction quality. It is necessary to carry out targeted training for personnel. So that construction personnel can understand their construction requirements and standards, and avoid blind construction.
In addition, in the process of staffing, it is also necessary to optimize the combination of construction personnel based on meeting construction needs, to ensure good consistency and coordination between people and between types of work. In the current market economy environment, in addition to management positions and technical positions. Power installation can properly incline temporary workers and contract workers, to meet the actual construction requirements.
Fund management and attention to the realization
Project funds are an important guarantee to ensure the smooth development of power installation and construction projects. Therefore, in the actual management work. It is necessary to pay attention to handling the problems of fund income and expenditure, fundraising and use, etc. Specifically, the following measures can take:
1) Manage capital income. Management personnel needs to look at the problem from an overall perspective, combine it with the overall planning of the power installation and construction project, strengthen the overall awareness of the time and quantity of capital income, and strengthen comprehensive analysis, to provide reliable information for the later financing, investment, and use of funds. Reference;
2) Calculate the various expenditures during the construction process. In the process of carrying out power installation and construction projects, managers need to establish a sense of conservation and make reasonable calculations for labor costs, material costs, equipment usage costs, etc. in light of construction conditions, to determine management cost targets and guide later capital investment and use. etc., to avoid waste;
3) Management of fundraising and borrowing; in terms of funding sources for construction, it mainly includes financial appropriation, use of foreign capital, credit loans, and self-owned funds. For the entire power installation and construction project, its sources of funds include the completed project price, the project material preparation fund after settlement, self-owned funds, foreign capital utilization, and credit loans. In the process of managing fundraising and borrowing, it is necessary to follow a basic principle, that is, to manage to fundraise and borrow through the comparison of income and expenditure and the amount of loan interest.
Installation of project technology and management
In the process of project management of electric power installation and construction, attention should pay to the technology and management of the installation project to ensure that the construction can complete with high quality and on schedule.
Installation project technology
In the power installation and construction project, to ensure construction quality. It is necessary to operate in strict accordance with the technical requirements. Therefore, technical management cannot ignore either. It involves many aspects, such as technical personnel management, technical regulation management, technical equipment, and material management, etc. Managers need to combine the actual situation of the enterprise, use the installation and construction technology to the greatest extent, implement relevant technical policies, and promote the organic combination of technology and economy.
Installation project technical management
In the actual management of electric power installation construction projects, two issues need to pay attention;
1) For technical management personnel, it is necessary to do a good job in technical basic work, construction technology process management, technology development management, etc., including training, advice, Technical feasibility analysis, and evaluation;
2) For the person in charge of installation and construction technology, it is necessary to do a good job in technical disclosure, joint review of drawings, material, and equipment inspection, etc.
Conclusion
To sum up, with the rapid development of all walks of life in our country, social electricity consumption continues to increase. Which puts forward higher requirements for the management of power installation and construction projects. So that it has higher safety and reliability. At the same time, the number of enterprises that specialize in power installation as a public project has increased. And the market competition has become increasingly fierce.
In this context, electric power safety construction enterprises need to pay attention to and improve construction project management, do a good job in engineering project management, labor resource management, labor allocation, capital management, and other links, and at the same time strengthen installation project technology and management, thereby improving their competitiveness To survive and develop in the current market environment and at the same time promote the sound and rapid development of my country’s electric power engineering.
Corporate financial reporting and analysis with problems and countermeasures. It is an important function of corporate financial management. Through the analysis of the corporate financial status and operating results. It can provide a reliable basis for corporate financial activity control, operational risk prevention, and financial decision-making.
Here are the articles to explain the problems and Countermeasures of Corporate Financial Reporting and Analysis
This article starts by explaining the problems existing in the financial analysis of enterprises. And puts forward countermeasures and suggestions for doing a good job in financial analysis, hoping to help improve the level of financial analysis of enterprises.
Problems in corporate financial reporting and analysis
Incomplete financial analysis data
When the financial department of the enterprise conducts financial analysis work. It mainly uses financial statements and related accounting materials as the data source of financial analysis. And its analysis conclusion reflects the financial status of the enterprise in the past period. Since an enterprise will affect by many factors in the process of business development, including policy environment, supply and demand, industry changes, inflation, etc., relying only on the data in the internal data of the enterprise for financial analysis will inevitably lead to too one-sided financial analysis conclusions.
In actual financial work, the financial department often only pays attention to the data collection related to financial accounting. While ignoring the information collection of major personnel changes, staffing, strategic goals, etc. Within the enterprise, which reduces the usefulness and comprehensiveness of financial analysis.
Financial analysis indicators are not comprehensive
In the financial analysis of enterprises, only a few key financial indicators often select for analysis. Such as financial indicators in terms of assets, liabilities, production, sales, revenue, profits, etc. It explains the changes in the situation over some time and reveals the cause of the problem from a financial point of view. But ignores the impact of the non-financial factors of the enterprise on the financial status of the enterprise.
At the same time, most companies lack value chain analysis and do not combine business and finance for comprehensive analysis. However copying the financial analysis index system of other companies makes it difficult for companies to find real problems in business processes in financial analysis.
Single financial analysis method
Most companies tend to choose ratio analysis and comparative analysis in financial analysis to reflect the financial status of the company over some time. But because such analysis methods generally use the relevant data in the financial statements as the source of financial analysis data. The financial statement data reflect the economic events that have occurred in the enterprise. So the financial analysis results can only explain the operating conditions of the enterprise in the past period. But cannot predict the future financial trend of the enterprise.
At the same time, different types of enterprises have different financial characteristics. It is necessary to consider whether the index data is accurate and comparable. If the comparative analysis method uses blindly for financial analysis, the financial analysis results may lack authenticity and consistency.
The quality of financial personnel is not high
In the financial work of enterprises, the quality of financial personnel directly affects the level of financial analysis. However, judging from the current situation, the professional quality of some financial personnel in the enterprise is low. And is difficult to complete the financial analysis work. The specific manifestations are: first, the financial personnel only pay attention to the comparative analysis of financial data. Which makes the financial analysis work remain at a shallow level.
There is no in-depth exploration of the internal relationship between financial data around the business needs of the company. And the financial analysis results are not used to reveal the problems existing in the business management of the company. Little known about operations and business development. Which leads to a disconnect between financial analysis and business management needs. Third, financial personnel only conduct financial analysis based on the data in the financial statements. Without taking into account external factors that affect the company’s financial status.
Countermeasures and suggestions to solve the problems of corporate financial reporting and analysis
Broaden the sources of financial analysis data
The financial department of the enterprise should comprehensively collect financial data. And non-financial data to provide reliable data support for the financial analysis work. To ensure the objectivity and comprehensiveness of the financial analysis conclusions. The source of financial analysis data should include not only the basic data in the financial statements of the enterprise. But also information such as corporate governance structure, internal staffing, and business process adjustment.
In addition, the financial department also needs to conduct in-depth research on changes in the external environment of the enterprise. Collect information and data on fiscal and taxation policies, industry competition, technological changes, etc. And make a more comprehensive evaluation of the financial status of the enterprise based on internal and external information. At the same time, the financial department should shorten the cycle of financial analysis as much as possible. And enhance the timeliness of financial analysis, to provide an important basis for business decision-making in time.
Construct a financial analysis index system
Financial analysis of enterprises should improve the index system to cover both financial indicators and non-financial indicators to ensure the integrity of the financial analysis. At the same time, the financial analysis index system should be constructed according to the characteristics of the enterprise’s business operations. So that the financial analysis work can closely fit the actual situation of the enterprise’s operation and management. Taking small and micro loan companies as an example. It is necessary to focus on the analysis of the company’s asset status, liability status, and operating status.
The operating status analysis is subdivided into main business income, main business costs, other business profits, management expenses, and financial expenses. , investment returns, and other aspects of the analysis. Since the microfinance company’s business is mainly to collect interest on loans, in the financial analysis, the loan scale, loan term, loan method, loan interest rate, as well as the asset size and asset status should be taken as the focus of analysis, and objective analysis and evaluation should be made.
For example
The larger the single loan size of a small loan company, the lower the transaction cost and the higher the benefit. However, at the same time, it will lead to excessive concentration of the company’s funds. If bad debt losses occur, it will affect the company’s sustainable operation. The loan period of microfinance companies is mainly short-term, and the loan methods are guaranteed loans, credit loans, mortgage loans, and pledge loans, and the loan interest rate is much higher than that of banks.
Therefore, in financial analysis, it is not only necessary to analyze the company’s profitability, but also to analyze the company’s capital turnover, combined with the company’s credit reporting system, to make an objective evaluation of the company’s financial status and accurately identify the financial risks the company faces in its operations. . In addition to financial indicators, microfinance companies also need to analyze non-financial indicators, including budget completion, customer satisfaction, loan product, and service quality, business innovation capabilities, market share, etc., to provide a comprehensive basis for company performance assessment and evaluation.
Improve financial analysis methods
Enterprise financial analysis should pay attention to the improvement of analysis methods, and flexibly adopt various analysis methods. Such as horizontal analysis method, vertical analysis method, trend analysis method, ratio analysis method, factor analysis method, or combining multiple financial analysis methods to complement each other. Supplements to improve the accuracy of financial analysis conclusions.
Enterprise financial analysis should adopt quantitative and qualitative, static and dynamic analysis methods, and financial analysis should run through the pre-event, in-process, and post-event of corporate financial activities, and do a good job in pre-event forecast analysis, in-event control analysis, and post-event summary analysis Work. With the continuous acceleration of enterprise financial accounting information construction, enterprises should make reasonable use of financial analysis, financial decision-making services, and other functions in the financial system to quickly collect financial data and improve the efficiency of financial analysis.
Improve the professional quality of financial personnel
Enterprises should pay attention to the construction of high-quality financial work teams. Require financial personnel to have strong professional capabilities, and effectively improve the level of corporate financial reporting and analysis. The specific measures are as follows:
First, strengthen the training of financial personnel. Enterprises should organize financial personnel to participate in professional training on a regular or irregular basis. So that financial personnel can master financial analysis methods, improve financial analysis skills, and ensure that they complete financial analysis work with high quality.
The second is to expand the knowledge of financial personnel. Financial personnel must not only master financial professional knowledge. But also understand multi-disciplinary knowledge, such as economic law, management, etc. So that financial personnel can make decisions on the business management and financial status of the enterprise based on financial analysis data combined with knowledge of various disciplines. more accurate evaluation.
The third is to participate in operation and management. Enterprise managers should allow financial personnel to participate in the operation and management of the enterprise so that the financial personnel can grasp the operation of the enterprise and understand various business processes, to ensure that the financial analysis work meets the needs of the enterprise operation and management, and can provide a reliable basis for enterprise financial decision-making.
Conclusion
Enterprises should pay attention to financial analysis work, enhance the important position of financial analysis in enterprise financial management and operation management, and give full play to the functional role of financial analysis. The financial department of the enterprise should expand the source of financial analysis data, build a comprehensive financial analysis index system, and flexibly adopt a variety of financial analysis methods, to continuously improve the level of corporate financial reporting and analysis work.
Analysis of Real Estate Marketing Strategy in Hainan. With the rapid socio-economic development, people have put forward higher requirements for a high-quality life, which has led to the rapid development of tourism and real estate. As a popular real estate project at present, tourism real estate relies on high-quality tourism resources to enhance the value of the real estate. As a well-known tourism province in our country, Hainan has vigorously developed the real estate industry while developing tourism. Its superior geographical location has driven the rapid development of the real estate industry in Hainan. Taking Hainan as an example, the article analyzes the current situation of Hainan’s real estate development, puts forward the existing problems in marketing at this stage, and expounds on rationalized solutions.
Here are the articles to explain, Hainan Real Estate Marketing Strategy, development, and Problems!
The tourism industry and Today Real Estate industry are the two most popular industries in our country. Relying on local high-quality tourism resources, tourism real estate has developed rapidly in recent years. Hainan is rated as the most livable place in China, and also many people come to Hainan for vacation every holiday. Since 2004, the development of the real estate industry in tourist areas has been in a sensitive period, and the sales volume of real estate has shown a trend of increasing year by year. Nearly half of the buyers are foreigners, which has driven the rapid development of Hainan’s real estate industry and promoted Hainan’s tourism and vacation functions to be fully utilized, thereby forcing the growth of the restricted economy.
The current situation of Hainan’s real estate development
The proposal for the construction of an international tourism island has led Hainan’s real estate industry into a new stage of development and also promoted the rapid development of Hainan’s real estate and tourism industry. Through the analysis of the development and investment situation of Hainan real estate in 2018. It can see that the total investment from January to April was 54.359 billion yuan, an increase of 11.5%. The total sales area of houses was 6.6117 million square meters, down 27.4% year on year. To ensure the stability of the real estate market, the Hainan Provincial Government has introduced a series of market policies.
The total amount of residential investment has greatly decreased, and also the total amount of operating real estate investment has shown an upward development trend, which has promoted the continuous optimization of the investment structure of real estate development. From January to April, the largest real estate investment project in Hainan real estate was Sanya Haipo Jincheng Country Garden, with a total investment of 2.02 billion yuan. Judging from the distribution area of Hainan’s real estate, the eastern region has a large amount of real estate development investment, with a development investment of 45.097 billion yuan, an increase of 20.3%, which has played an important role in driving the development of Hainan’s real estate industry.
Other things
Through the understanding of the sales area of houses, it can see that there is a gradual downward trend. From January to April, the total sales area of houses was 7.2082 million square meters, a decrease of 33.2%. Sanya and Haikou are the areas with the best real estate development in Hainan. In addition to the above two regions, the sales of commercial housing in Wuzhishan, Qionghai, Wenchang, Baoting, Lingshui, and other cities have also shown an upward trend year by year, and the real estate industry in Hainan has shown a good market trend.
Based on its geographical advantages, Hainan has also vigorously developed vacation and leisure tourism areas such as Tongguling, Shimei Bay, Haitang Bay, and Shenzhou Peninsula, with a total investment of 7.625 billion yuan. The construction and development of the international tourism island have brought a positive impact on the development of Hainan’s real estate industry, promoted the improvement of Hainan’s international tourism reputation, improved the effect and quality of tourism island construction, and promoted the continuous improvement of Hainan’s real estate market and gradually developed in the direction of internationalization.
Problems in Hainan Real Estate Marketing
(1) The scenic environment has stood destroyed.
The reason why tourist attractions can develop rapidly and attract many tourists is mainly that tourist attractions themselves have vacation, sightseeing, and leisure functions. However, in the development process of the real estate industry in Hainan, there is excessive emphasis on the economy, overexploitation of the resources of the tourist area, and the commercial atmosphere is too strong. The simple, natural, and quiet atmosphere of the tourist area has stood destroyed. Breaking the natural environment of the tourist area and also causing certain obstacles to the development of tourism in scenic spots.
(2) The planning pattern of the tourist area has stood destroyed.
To promote the rapid development of resort areas and tourist attractions in Hainan. Furthermore, It is necessary to do a good job in the development and planning of tourist areas. However, in the actual development process of tourist areas, there are more out-of-control development situations. For example, Yalong Bay is a famous tourist resort area in Hainan.
To pursue economic development, real estate developers have overexploited local tourism resources and established more commercial housing, resulting in a sharp decrease in the number of local tourism resources. Moreover, when these commercial houses were under construction. Also, The construction work does not carry out in strict accordance. With the requirements of the national real estate project development. Which caused some damage to the original planning pattern of the tourist area.
(3) The market positioning of real estate projects is not accurate.
As the pillar industry of Hainan’s economic development, the real estate belongs as an intermediate product. Which is in a class of intermediate products of tourism, the vacation industry, and real estate products. However, through the understanding of the development of Hainan’s real estate. Also, It can see that there is a situation of unclear market positioning at this stage. Most real estate projects stand mainly aimed at foreign residents.
Through the understanding of the basic configuration of real estate. Furthermore, It can see that compared with ordinary real estate projects, more attention is paid to the construction of entertainment and leisure projects, approaching tourism and vacation. But the design work does not been carried out in strict accordance with the design requirements of tourism and vacation. From the surface of the real estate project, the difference from ordinary residential buildings is not obvious.
(4) Blind development of real estate projects.
Through the understanding of the development situation of real estate projects in Hainan. Also, It can see that there are many irrationalities in development and design. The project has not stood scientifically demonstrated in the design process. But adopts blind development methods, resulting in some projects. They do not meet the characteristics of regional development and lack cultural taste, resulting in the low value of real estate projects.
For example, Tianyahaijiao, an iconic landscape in Hainan, attracts a large number of people every year. But when designing scenic area projects, the overall design of the project is lagging. And there are many defects in management methods and management methods. Which have a greater impact on the implementation and development of real estate projects.
Concept of Real Estate Marketing Strategy in Hainan
(1) Establish a good brand.
The brand has a catalytic effect on enhancing the marketing volume of the real estate industry. It is the logo of a real estate company and the intangible treasure of the real estate industry. It consolidates the position of the real estate industry in the market, attracts more financing, and drives the improvement of the economic efficiency of enterprises.
Suppose Hainan’s real estate industry wants to establish a good brand. In that case, it should first increase the number of participants in various large-scale real estate exhibitions, promote the company’s real estate at the exhibitions, and show the company’s good corporate image to the public.
Secondly, brand maintenance as a long-term work of the enterprise should incorporate into the overall management of real estate projects. So that the brand can gain more competitive advantages for the enterprise.
Finally, the brand of a real estate enterprise should be “both internal and external” and “both famous and real”. To be able to provide users with good service and establish a trusted real estate brand.
(2) Reflect humanistic feelings.
If the real estate industry wants to achieve sustainable development. It should adhere to people-oriented, and incorporate culture into real estate marketing. And combine cultural heritage with real estate projects to bring good enjoyment to residents. The current real estate industry is in the buyer’s market. It insists that “the customer is God” and should establish a good relationship with the customer to make the customer feel warm and caring when providing services to the customer. At the same time, the manifestation of humanistic feelings stands also manifested in the need to provide customers with greater convenience, actively serve customers, and enhance their service functions.
(3) Real estate sales staff improve their professional knowledge.
Since most real estate consumers have little knowledge of real estate. Their understanding is limited to the concept of “one house”. Therefore, it requires that real estate sales personnel themselves should master strong professional knowledge, and actively participate in real estate knowledge training. Also, carry out related real estate knowledge lectures to understand that they can have a full understanding of the industry.
After understanding a certain amount of professional knowledge. When selling real estate to customers, it is possible to analyze real estate from a professional perspective. Which realizes the effective promotion of the corporate brand. This helps to enhance the public’s recognition and enhance the public desire to buy. And also promote the steady progress of the real estate market. Strengthen environmental protection. With the improvement of people’s requirements for the quality of life. Higher requirements have been put forward for the quality of the living environment.
At present, real estate in Hainan uses green space coverage as the main selling point of real estate. The marketing concept is environmental protection, the values are green culture, and the marketing strategy is green marketing. To improve the effect of green marketing. It is necessary to carry out a brief green space planning for real estate projects. Strictly adhere to the concept of green energy-saving housing, and apply it to green marketing. Which will help improve the effectiveness of environmental protection. It can see that green energy-saving housing has become a new trend in the current residential development.
Conclusion
The reason why Hainan’s real estate industry has been able to achieve good development is directly related to the local solid characteristics and high-quality natural resources. Which meet people’s values, aesthetics, and personality development requirements. Hainan is a good choice for people with leisure and vacation needs. The buildings were designed with the desire to be close to nature in mind. And the relationship between the ocean and the buildings stands effectively handled, creating a comfortable life for people.
Exploration of Human Resource Management in Hospital Administration. With the rapid development of the economy and society, the level of the medical industry has also been greatly improved. And the development of hospitals is also facing more tests and challenges, especially for public hospitals. It is necessary not only to pay attention to the benefits of economic development. But also to consider certain social benefits, continuous innovation, and development, to improve their core competitiveness. And provide necessary conditions for long-term sustainable development. Human resource management plays a vital role in the development process of the hospital. Because the human subjective initiative is the infinite driving force and source of an organization’s development and progress.
Here are the articles to explain, Discussion Human Resource Management in Hospital Administration!
The article mainly expounds on the important role of human resource management in hospital administration, combines the current situation of hospital human resource management, analyzes the existing problems, and proposes strategies to enhance the quality of hospital human resource management, hoping to provide certain direction and guidance for the development of the majority of hospitals. In the process of development and transformation in the economic, social, and scientific fields, medical and health undertakings have also entered a stage of rapid development.
In this process, hospitals must take the initiative to make changes to continuously adapt to social development, especially in the context of increased medical market competition. Only by continuously improving the core competitiveness of hospitals can we gain a competitive advantage and achieve long-term sustainable development. For the medical industry, human resources are an important resource and the core resource of the hospital. All the daily work of the hospital is closely related to “people”.
The important role of human resource management in hospital management
(1) It is conducive to the hospital to better implement relevant management systems
Although most hospitals do not have profitability as their main goal if hospitals want to achieve. Their development goals and improve social benefits, need to improve their internal management level. For hospitals, a high-quality talent team can promote them to achieve the goal of rapid development. To introduce and train more outstanding medical talents. Hospitals need to create a reasonable modern management mechanism and adjust the relevant systems according to development needs.
For hospitals, excellent and high-quality talents are necessary for the long-term and sustainable development of hospitals. Hospitals need excellent medical personnel in the process of treating patients and providing medical services. If the hospital lacks outstanding medical workers, it will have a significant impact on the hospital’s medical work. Therefore, the management of the hospital’s human resources and attracting more outstanding medical workers to join will promote the sustainable development of the hospital.
(2) It is conducive to the hospital to expand the introduction of talents and expand the talent team
At a time when the competition for talents is extremely fierce if hospitals want to improve their competitiveness. They need to introduce outstanding talents according to their development needs. This is also one of the important ways to add fresh blood to the development of hospitals. Hospital human resource management can provide medical staff with a good development platform and a comfortable working environment, provide them with the labor remuneration they deserve, formulate corresponding job preparation plans, investigate and evaluate the professional abilities and work abilities of medical personnel, and ensure that the introduced talents can adapt to the pace of development of the hospital, thereby attracting more outstanding talents and expanding the talent team.
(3) It is conducive to the hospital to train professional talents and improve the level of talent management
Hospitals are a special kind of industry. If we want to achieve development and progress, establish a high-quality reserve talent team. Provide continuous motivation and source for the sustainable and high-quality development of hospitals. We need to pay attention to the training of talents. The training of reserve talents in hospitals is an important content in human resource management. Which can make up for the lack of human resources, optimize the talent structure, and reduce the brain drain.
Talent training work in human resource management includes various internal training to encourage employees to continue learning to improve their workability and work efficiency. Most medical workers have relatively little clinical experience in the early stages of entering the hospital. They need to continuously accumulate clinical experience and improve their ability to work. These require the participation of the human resources department to enable the hospital’s talent training and human resource management to achieve high-quality and healthy development.
The current situation and existing problems of hospital human resource management
(1) The current situation of human resource management in hospitals
With the rapid development and progress of various fields of society, the concept of human resource management has continuously penetrated all walks of life and has become an important means of internal management. Although the hospital is not for profit, the hospital involves personnel recruitment, personnel compensation management, employee relationship management, and other dimensions of content, and the hospital conducts reasonable human resource management. Which can help the hospital attract more high-quality talents, improve the skills and level of medical workers, and continuously accumulate work experience. To better complete the work of treating patients and saving lives, and to promote the development and progress of the hospital.
Based on this, most hospitals have opened human resource management departments to improve human resource management within hospitals. However, judging from the current level and quality of human resource management in hospital administration, compared with other industries. Especially in the Internet industry, some hospitals still have many areas that need to be improved.
(2) Problems in hospital human resource management
At present, most hospitals have problems with understanding human resources, management systems, compensation, performance management, and cultural construction, and the efficiency of internal human resources utilization is not high.
Insufficient understanding of human resources.
At present, in the management process of most hospitals. The relevant staff’s understanding of human resource management is not yet in place. Most leaders do not realize the importance of human resource management. It is generally believed that human resource management is only related to the management efficiency of the hospital. But not to economic management. This leads to the automatic isolation of human resource management during the work process. And the human resource department cannot take advantage of it. Which ultimately affects the management quality of the hospital.
Judging from the relevant data, the labor cost of hospitals has been showing an upward trend in the past ten years. The data show that the labor cost of hospitals is close to 1/4 of the total medical cost. Which is close to the level of some developed countries in the West. However, judging from the actual development of the hospital. This labor cost is not in line with the hospital’s development goals and budget planning, making the hospital’s labor cost high. In addition, in the hospital’s human resource management and team building, managers lack the professional knowledge and management experience of human resources, and the hospital’s human resource management model cannot adapt to the development of the hospital.
Some public hospitals have not updated their human resource management methods and still, follow the traditional file management model. The management of hospital staff only stays in attendance and other aspects. They have not absorbed and learned advanced human resource management methods, and cannot motivate staff, resulting in the hospital’s economic management efficiency cannot improve.
The human resource management system is not perfect.
At present, the construction of the human resource management system of most public hospitals is still in its infancy. There are certain loopholes, which have led to the low quality of human resource management. The human resource management of most hospitals restricts employees from the aspects of employee attendance, reward and punishment systems, salary distribution, and work rules, rather than from the perspective of “people-centered”, how to mobilize the enthusiasm and creativity of employees, etc., to standardize employee behavior to achieve employee development and the realization of organizational goals, and the allocation of human resources is unbalanced, and medical personnel lack unified planning and management.
Hindered the sustainable development of the hospital. Therefore, under the current hospital economic management system, the role of people is very large. Hospitals must pay attention to human resource management, pay attention to people’s psychological feelings. And adjust the management system to improve the enthusiasm of staff and help hospitals improve efficiency.
The performance appraisal and compensation management methods are unreasonable.
At this stage, the medical industry is developing rapidly, and the requirements for medical workers are also very high. They are not only required to have superb medical technology. But also to have high medical ethics and ideological and moral qualities. Hospitals need to improve salary and performance management in human resource management, enhance the enthusiasm of the staff, let them actively participate in the work of practicing medicine and treating diseases, and promote the rapid development of medical undertakings.
At present, many hospitals have implemented performance management. But they have not formulated targeted assessment mechanisms based on the nature of work in different positions. Which has led to increased difficulty in personnel promotion and title evaluation in hospital human resource management. Which in turn affects the efficiency of hospital human resource management. The salary management and performance appraisal of many hospital staff are in form. Which is not conducive to the realization of the long-term healthy development strategy of the hospital.
Insufficient cultural construction.
The cultural construction of the hospital is related to the working environment and atmosphere of medical workers. A good hospital cultural atmosphere can provide a comfortable environment and atmosphere for medical workers. So that they can get full rest in their spare time, to better devote themselves to work. In addition, medical workers need to come into contact with all kinds of patients during their work. Which also requires them not only to have excellent medical knowledge and skills but also to be able to serve patients well.
This requires medical workers to have high moral character and integrity and to master effective communication methods. At present, many hospitals have focused their development directly on the improvement of medical resources and medical skills. While ignoring the cultural construction of the hospital. In the long run, it will not be conducive to providing staff with a good working atmosphere and environment. It will also affect the patient’s medical service experience, and ultimately affect the realization of the hospital’s strategic development goals.
Conclusion
In summary, hospitals shoulder the responsibility of treating patients and saving lives. They are also the place where most medical workers work, study, and live. Therefore, human resource management needs to be strengthened. At present, the level of human resource management in hospital administration is uneven. Most hospitals still have problems such as poor concept awareness, imperfect system construction, and inadequate cultural construction. These are not conducive to the selection and employment of hospitals. They will hinder the healthy and high-quality development of hospitals to a certain extent.
Analysis of Human Resource Management Problems in Budget Hotel. With the rapid development of the national economy, people’s quality of life has improved significantly, and people’s material and spiritual needs have increased significantly. Consumer choices have forced hotel management efficiency and quality to further improve, especially in cost-effective budget hotels.
Here are the articles to explain, Analysis of Human Resource Management Problems in Budget Economy Hotel
Compared with high-end star hotels, the advantages of budget hotels exist mainly manifested in low prices, a good environment, and professional service. They stand favored and loved by the people, and their development prospects are particularly broad. However, there are still many problems that cannot ignore in the development process of budget hotels. Such as imperfect management mechanisms and a lack of respect and care for employees.
This seriously restricts the problems and improvement of human resource management efficiency and quality of budget hotels. Which is not conducive to obtaining good human resource management results, affecting customers to obtain a good experience. This leads to the deterioration of the reputation of budget hotels.
Therefore, budget hotels must strengthen the comprehensive management of human resources, detect and properly deal with problems in human resource management promptly, promote the steady and effective advancement of human resource management, and promote budget hotels to conform to the development trend of the times and provide our customers with efficient and high-quality service.
Keywords:
Budget hotel;
human resource management problems;
problem;
optimization strategy;
incentive mechanism
With the rapid development of the market economy and the maturation of science and technology, budget hotels have shown new characteristics in the process of operation and development. The increasingly fierce market competition and the era of continuous progress have put forward greater challenges and more requirements for the human resource management of budget hotels.
Strengthening human resource management is an important prerequisite to stimulating employees’ service initiative and enhancing their sense of responsibility. It is also an effective measure to improve service efficiency and promote customers to obtain a good experience.
Therefore, in the future development of budget hotels, they should pay attention to and strengthen human resource management, always maintain a sense of development that keeps pace with the times, actively update human resource management concepts and explore new management models in line with the development of the times. Adapt to changes in the external environment quickly and promptly, and promote the further improvement of the effectiveness of their human resource management.
Overview of budget hotels
The connotation of a budget hotel
As early as the 1950s, budget hotels appeared in the United States, and many countries and regions called them limited-service hotels. Which are hotel management forms between star hotels and ordinary guest houses and hotels. Its most prominent feature is that it is affordable and cost-effective. It provides guests with relatively complete facilities and services at low prices. Its service model is “b&b” (bed +breakfast). At the end of the 20th century, budget hotels began to appear in our country.
With affordable room rates and relatively perfect service measures, the market quickly expanded. And it stood trusted and favored by many business people and ordinary tourists. Up to now, a large number of budget hotels such as Jinjiang Inn, 7 Days, Hanting Express, and Rujia Express have appeared in our country. The service targets of this type of hotel are generally working-class, business people, ordinary self-financed tourists, and student groups emphasizing the comfort of guest rooms and the standardization of services, highlighting the characteristics of cleanliness, hygiene, comfort, and convenience.
Its consumption level is about in the low-to-mid range. It usually only provides accommodation services to customers and breakfast is provided directly by suppliers. There is no separate catering department, and it will not provide customers with meals, bars, shops, entertainment, and other services. Compared with high-end star hotels, the most prominent advantage of budget hotels is “economy”. But the affordable price does not mean that their service quality is poor.
Human resource management of budget hotel
Human resource management mainly refers to the comprehensive integration and optimization of the internal human resource structure through a series of scientific and reasonable methods and measures, relying on the recruitment, training, application, evaluation, and motivation of employees, to fully stimulate the enthusiasm of employees for work, promote their potential to stand deeply explored and fully realized, enhance competitive advantages for enterprise operation and development, maximize enterprise value, and promote enterprises to obtain good and generous benefits.
In a nutshell, the content of human resource management is more complex, mainly involving employee recruitment and selection, employee training, employee performance management, employee safety, and health management, and many other contents. The human resource management of budget hotels mainly refers to the scientific and rational deployment of human resources based on fully considering the nature of budget hotel operations, business characteristics, service models, and other related factors, combined with rigorous, scientific, standardized, and feasible management strategies, through staff training, performance appraisal.
And other methods, comprehensively stimulate the enthusiasm of employees. And promote them to play an active role in the operation and development of budget hotels. So that service efficiency and quality stand comprehensively improved, and our customers stand brought a good service experience. To improve customer satisfaction while promoting the smooth realization of hotel business goals.
The main problems in human resource management of budget hotel
The management mechanism is imperfect and lacks respect and care for employees
At present, many budget hotels have not yet built a mature and perfect human resource management system, lack unified planning and scientific arrangements for internal personnel, and lack respect and care for employees, making it difficult for employees to have a strong sense of trust and belonging to the hotel enterprise, which directly affects the work attitude and work efficiency of employees, resulting in unsatisfactory hotel management results.
For example, a fast and economical hotel with operations all over the country has a flat management structure, including three levels the store manager, duty manager, and staff. The latter two undertake more work content. However, the imperfect human resources management mechanism and the lack of enthusiasm of employees make the hotel service efficiency deteriorate, making it difficult for customers to get a good experience, which is not conducive to the steady and sustainable development of the hotel.
The division of labor between managers and employees is clear, and the authority is too great. The management model of unified orders and absolute obedience to leaders exists adopted. And there is a lack of respect and care for employees.
Management philosophy lags and lacks attention to human resources
Many economical hotel management concepts are lagging. And the value and significance of human resource management stand not correctly recognized. And there are even situations where human resource management exists underestimated.
Failure to support the development of human resource management from the aspects of capital, manpower, system, etc. has caused the functions and advantages of human resource management to be unable to be fully utilized and has also caused a series of problems such as insufficient enthusiasm for work and unreasonable job arrangements. Which have effectively affected the customer experience and the improvement of hotel performance.
Lack of incentives and serious loss of personnel
In the operation and development of budget hotels, incentive mechanisms stand generally implemented by foremen, supervisors, etc. But due to various factors, the management of many hotels has full control over work procedures and service quality. Making it difficult for ordinary employees to get the respect and care of leaders.
At present, individual budget hotels have not formulated incentive mechanisms. And do not pay attention to rewards and punishments for internal employees. Many employees have formed a negative mentality of slowing down, resulting in the loss of hotel personnel. The problem is more prominent.
Low staff literacy, lack of professional training, and talent reserve
In recent years, a large number of budget hotels have expanded rapidly in China. However, these hotels generally only conduct simple onboarding training for employees. In addition, many employees and even managers and supervisors have a low degree of education. And there are generally problems such as weak professional knowledge and poor service concepts. Which have greatly affected the hotel management efficiency and the improvement of service quality.
Many domestic budget hotels lack training awareness and talent reserve awareness and have not formulated mature and reasonable career development plans for different employees, making it difficult for employees to see their development prospects, resulting in many employees leaving their jobs and the loss of hotel employees is serious.
The performance evaluation system is not sound and lacks effective supervision
Many budget hotels in China attach more importance to performance management and have created performance evaluation systems one after another. However, some objective problems have effectively affected the improvement of the performance evaluation system. For example, some budget hotels have formulated a top-down evaluation system.
The hotel headquarters is responsible for setting standards, and local branches are responsible for implementation. But the implementation mechanism is relatively rigid, lacks flexibility, and does not consider the attitudes and suggestions of employees.
In addition, the supervision mechanisms of these hotels are imperfect. And there has been a separation between short-term performance evaluation and the company’s long-term development strategy. Many branches overemphasize interests and evaluation results in the performance appraisal process, fail to correctly recognize the nature of the appraisal, and ignore the connotation of corporate cultural management, making it difficult to guarantee objectivity and fairness in the performance appraisal results.
Poor risk resistance
At the beginning of 2020, the new crown epidemic suddenly broke out, causing many industries and many companies to force to shut down, especially the service industry represented by hotels. To compress expenditures and reduce operating costs, many hotels reduced wages and benefits during the epidemic prevention and control period, and many employees and even senior management resigned, causing the hotels after the resumption of work to fall into the dilemma of staff shortage, which is not conducive to the smooth completion of hotel work, but also effectively affects the customer experience, which is very detrimental to the development of the hotel.
Optimization strategy of human resource management in budget hotels
Optimize the human resource management system and give full play to the functions of human resource management
In the process of carrying out human resource management work, budget hotels should actively optimize the human resource management system and formulate a rigorous and mature human resource management system. Through various methods such as rotation and training, the potential. And the value of existing human resources stands deeply tapped, and the advantages of employees promoted to fully utilized.
It is also possible to flexibly arrange positions based on clarifying the strengths of different employees, to maximize the effectiveness of human resource management functions. City convenience hotels have done a good job in this regard, not only adjusting the human resource management system with the times but also implementing a rotation system to actively tap and use the advantages of employees, promote them to exert their abilities and charm in suitable positions and promote the continuous improvement of hotel performance.
Adhere to a customer-centric and innovative human resource management model
The development of budget hotels is fundamentally based on adhering to the customer-centered service concept, which also directly determines that hotels should innovate their human resource management models based on adhering to the customer-oriented. First of all, budget hotels should correctly realize that what employees want is not just a job, but a career that can realize personal value.
Therefore, it is necessary to provide employees with suitable salaries and good occupational safety and security. At the same time, hotels need to innovate the operational content of human resource management and emphasize the planning and construction of strategic projects, such as formulating mature and reasonable human resource policies, improving staff training mechanisms, and providing human resource support for business development.
Secondly, budget hotels should be good at developing human resources in learning and management innovation. If you want to improve the value of human capital, you should actively build a learning organization, create a good learning atmosphere, encourage and guide internal employees to improve and break through themselves, expand their knowledge horizons, and improve their business capabilities, to better serve customers and bring customers a good experience.
Improve the salary structure and implement incentive salary design
At present, many budget hotels implement a job salary system, that is, the salary level of the same level positions is the same, which will suppress the enthusiasm of outstanding employees to a certain extent, and it is difficult to retain outstanding talents. Therefore, budget hotels must adjust the salary structure and implement incentive salary design. First, implement a broadband salary system. Workers’ unions in the same level of positions receive different basic wages due to different levels of education.
Generally speaking, the basic wages of workers with a bachelor’s degree are slightly higher. Then those of workers with a college degree or below. At the same time, the salary content enriches, and the enthusiasm of employees mobilizes through various forms. Such as setting performance compensation and issuing benefits, and forming a flexible and motivating salary system. At present, Hanting Express Hotel has vigorously implemented a broadband salary system and achieved good results. Which not only reflects the hotel’s emphasis on high-capable and highly educated talents. But also helps the hotel retain high-level talents.
Secondly, build a salary structure system based on performance as the main basis. And divide the monthly salary of hotel insiders into two parts: one is the basic salary, and the other is the performance salary. Adjust the ratio of the two rationally and properly grasp the relationship between performance and salary. To stimulate the enthusiasm of employees while achieving effective control of core positions and important management personnel.
Improve the salary structure.
The human resources management department should improve the current salary structure according to the importance of the position. While keeping the total income of employees unchanged, the current monthly salary should divide into two parts: “Basic salary” and “performance salary”. The “basic salary” is the employee’s basic monthly salary, and the “performance salary” is the employee’s performance salary. Divide the wages of employees in important positions or decision-making management into a certain proportion. Generally about 20%, and then honor them after the performance evaluation is competent.
This can not only mobilize the enthusiasm of employees for work, but also implement the necessary control over employees in important positions or decision-making management, promote budget hotels to actively change their operating mechanisms and ideas with the development of the times, give full play to the role of human resource management innovation, and use various reasonable and effective human resource management measures to attract and retain more talents.
Strengthen the training of employees and build an excellent service team
The steady and sustainable development of budget hotels is highly dependent on a management team and staff. With outstanding professional capabilities and high comprehensive literacy. Therefore, professional training for managers and ordinary employees should be strengthened to promote them to master more knowledge and skills and provide customers with more professional and better service.
First of all, budget hotels should increase the introduction of new people, expand the scope of recruitment for the society, universities, etc., raise the recruitment threshold, strengthen strict control of candidates, and select people with solid professional foundations and high comprehensive literacy to work in budget hotels, and eliminate any form of “relationship candidates”. Ensure the quality of talents from the source, and provide a reliable talent guarantee for the steady development of various businesses and tasks in the follow-up budget hotels.
Secondly, budget hotels should strengthen the professional training of internal staff, promote internal management personnel to update management concepts and change management methods promptly through training and learning, lead internal staff to strengthen the learning of the latest professional knowledge and skills, and promote the staff’s professional skills and service level to be greatly improved, to obtain good service results, improve customer satisfaction, and enhance customers’ sense of trust and belonging to the hotel.
Improve the performance appraisal system and strengthen incentives for employees at all levels
A perfect and rigorous performance appraisal system not only helps to stimulate the enthusiasm and initiative of the hotel staff. But also promotes the timely and high-quality completion of various tasks issued by the hotel. So that customers can get a good experience. Their stay in the hotel enhances their trust and belonging to the hotel. The performance appraisal system can be constructed and improved in the following ways.
First, there is a clear division of salary levels. The senior management of budget hotels should scientifically and rationally divide positions and ranks based on comprehensive consideration of internal job deployment, development of strategic goals, and other factors, and use this as a benchmark to formulate rigorous and reasonable salary standards for each position, to form a salary system that is compatible with the development of budget hotels and combines “basic salary” and “performance salary” to encourage and motivate employees to continuously improve their business standards and enhance service awareness to obtain higher salaries, and then provide our customers with professional and high-quality services. Secondly, adjust the performance appraisal cycle rationally.
For example
Rujia Hotel evaluates the general manager once a year. And the general manager who performs well can often receive generous year-end performance bonuses. However, the evaluation cycle is too long. And it is difficult to find the problems and shortcomings of the general manager in his daily work in time. Which has effectively affected the improvement of hotel operation and management efficiency. To effectively solve this problem, Rujia Hotel began to implement the “4+1” model. That is a quarterly assessment plus a year-end assessment.
At the same time, Rujia Hotel’s incentive plan has been adjusted to draw a certain percentage of the original year-end performance bonus and distribute it as a quarterly bonus. This measure is conducive to mobilizing the enthusiasm of the general manager and discovering work shortcomings promptly. And immediately taking effective measures to correct them. To promote the efficient and high-quality management of the hotel’s internal management work. To create huge profits for hotel companies.
Implement the ”shared employees” model to give full play to the value of employees
The outbreak of the new crown epidemic has highlighted the loopholes and problems in human resource management in many industries. And it has also made hotels deeply aware of the importance of stockpiling talents. In the operation and development of the hotel. The value of its employees can be fully realized through the following methods.
First of all, tap professional talents and reserve talent strength. During the outbreak and prevention and control of the epidemic, the hotel business has declined sharply. When streamlining the workforce, attention should be paid to retaining senior managers. And outstanding employees and striving to achieve maximum value with the least labor costs.
Secondly, the “shared employee” model is implemented. This means that employees will cooperate in short-term manpower output in a shared model. So that human resources can flow and the efficiency of social resource allocation can be improved.
Conclusion
After entering the 21st century, with the development of the times and the progress of society. The hotel industry has grown day by day, and competition in the industry has intensified, especially when people’s consumption concepts have undergone significant changes, consumption levels have increased significantly, and higher requirements for service quality are put forward. Today, our country’s budget hotels are facing important tests and challenges in the process of operation and development.
To achieve better development, budget hotels need to further enhance the awareness and problems of human resource management, continuously improve and optimize the human resource management mechanism, carry out regular training and effectively motivate employees at all levels, promote the in-depth exploration and full play of the personal potential and advantages of employees, and provide strong human resource support for the steady development of budget hotels, and promote the smooth achievement of the strategic operating goals of hotel companies.
This Essay article Discussion the 10 Problems Existing in Business Financial Analysis Example. Due to the rapid changes in the operating environment of businesses, the diversification of demand, goal orientation and analysis methods, and the participation of multi-department and multi-level personnel, some businesses do not pay attention to financial analysis, financial analysis cannot identify needs, positioning is unclear, and the Guiding the future, failing to find benchmarks for comparison, not considering risks, ignoring capital costs, not incorporating non-financial indicators, lacking dynamic analysis, and not analyzing the overall ten major problems.
Here are the articles to explain, the 10 Problems Existing in Business Financial Analysis Example!
The process of solving these problems is the process of emancipating the mind, raising awareness, changing functions, identifying the position, and serving the development strategy of the business’s accounting work. You may also like to know about ERP systems in Financial Management Essay.
Introduction
Business financial analysis example refers to the professional analysis of the production, operation, and financial activities of the business according to the different purposes of information use, starting from the financial point of view, comparing the objectives and benchmark indicators, revealing the differences between the results of the activities and the objectives, and exploring the driving factors for the differences. , the process of proposing alternative solutions.
Due to the rapid changes in the operating environment of businesses, the diversification of demand, goal orientation, and analysis methods, as well as the participation of multi-department and multi-level personnel, some businesses have some problems in financial analysis. This paper puts forward ten common questions, hoping to inspire the financial analysis work of businesses.
The following 10 common problems in business financial analysis example below are;
Problem 1: Emphasis on accounting and light on financial analysis.
At present, China is still in a period of economic transition. On the one hand, due to market and own reasons, some investors’ investment decisions and managers’ management decisions seldom rely on financial information support, resulting in an insufficient demand for financial information from users.
On the other hand, due to corporate accounting standards and institutional adjustments Frequently, to keep up with the changes, the accounting personnel of most business fails to properly handle the relationship between the adjustment of corporate accounting and accounting work, service, operation, and management, and spend a lot of time and energy on learning new standards, new systems and adjustments.
In the accounting system and accounting information system, there is little time for financial analysis, so it is difficult to provide effective financial information products for business decision-makers through financial analysis. Under the circumstance that accounting stands handled by the standards imposed by the state. And the demand and supply of businesses for financial analysis are insufficient. Most businesses still emphasize accounting and neglect financial analysis.
Problem 2: I can’t find the demand, and I don’t know who to serve.
In reality, some corporate financial personnel do not know or fully understand the needs of relevant parties for accounting work, which makes them unclear who the accounting work should serve. It reflects in the financial analysis that they are not clear who should provide financial services. Analyze products and what products should offer.
The financial departments of these companies do not use to connect with business units. And stand used to operating from the headquarters, positioning the department as a condescending functional department of the headquarters, not knowing the “customers” of financial analysis, and unwilling to provide personalized financial services for business departments. need. One mode of financial analysis goes all over the world, and only one financial analysis product produces. Business Financial Analysis Example reports are professionally obscure and difficult to understand.
Problem 3: The positioning is unclear and the function is unclear.
Some businesses have an unclear understanding of the positioning and function of financial analysis, unilaterally attach importance to business financial analysis examples, analyze very carefully, and the problems prompted by the analysis results are also in place. However, after the analysis, there is no more. They mistake financial analysis as the core of strategy execution analysis rather than strategy and strategic action plans. As a result, more and more problems stand found in financial analysis. And the role of financial analysis seems to be more and more important. But the company is still taking the old road, and the strategy execution may deviate from the target, or there are many difficulties.
Problem 4: Only examine the past, not guide the future.
Affected by the manager’s controlling thinking habits, some businesses stand accustomed to financial analysis and inspection of the activities that have stood completed, unchanged, and have resulted in the past, but cannot analyze and communicate based on the past, combined with the present, and focus on the future. Financial analysis that does not serve the future will only find past problems and be content with what has existed achieved.
In the collection and processing of information. The financial analysis of these businesses is mainly based on internal and static information. And rarely uses dynamic environmental information provided by external competitors. So the financial analysis results cannot stand used for dynamic adjustment of corporate strategies. Guidance and help, then it is unknown whether it is Sunshine Avenue or thorny bushes that go down this road.
Problem 5: I can’t find a benchmark, I don’t know the pros and cons.
Because there is no strategy, the strategy is not clear. Or the strategy has not existed and transformed into an executable standard. Some companies are not clear about the industry competition. Do not find or find external benchmarks, and do not analyze or analyze their strengths and weaknesses. There are no opportunities and threats. Internally, there is a lack of a clear marching line and stage goal to reach the strategic goal. And it is not even clear which stage the company has reached.
The result of not being able to find an external benchmark is accustomed to self-comparison. Accustomed to comparing the company’s plan, compared with the same period in the past. Whether there is a problem with the plan and the past or the current problem, is unknown. If there is no correct comparison, there will be no real motivation, and the correct direction cannot be found.
Problem 6: Does not consider risks, or is too conservative.
Some businesses lack risk awareness and do not conduct risk analysis in decision-making. In the past, they were lucky and courageous. They never considered or rarely considered risks in financial analysis, and did not make risk adjustments to the analysis results. As a result, the decision-making level of the business exaggerates its capabilities. Likes to impact small probability events, and cannot see the abyss ahead.
When the risk becomes a loss, the business has fallen into a situation where it is impossible to recover from redemption. Due to the lack of a correct understanding of risks, some businesses are afraid of risks, or lack a risk management system and a risk responsibility system, can’t see the opportunities hidden in the risks, and miss the development opportunities, so that the backwardness will be eliminated.
Problem 7: Excluding capital costs, affects efficiency.
Some businesses have deep pockets and large stalls, especially some monopoly businesses. Project analysis and internal accounting do not take into account the cost of capital occupation. And the business units that occupy a large amount of capital in the business are a burden to contribute. To become bigger, such businesses sometimes acquire a large number of low-profit businesses regardless of capital cost. Although these businesses have been profitable for many years. The return on net assets is much lower than the market interest rate. Occupying a lot of resources of shareholders and society to operate inefficiently.
Problem 8: Emphasis on financial indicators and light on non-financial indicators.
Although the assumption of monetary measurement provides the convenience of processing corporate information for accounting work. It also tends to make some companies only focus on the results and ignore the process. Some companies focus on the analysis of financial indicators and neglect the analysis of non-financial indicators. The process of analysis is from large results to small results; only numerical results are obtained. But the connotation of the numbers is not clear, and the driving factors for the results can never be found. And no problem-solving is involved in an action plan.
Businesses based on value management tend to reduce costs and strengthen asset structure and other more accessible goals. They often ignore the influence of many external uncontrollable factors. They are difficult to measure in monetary terms and omit some non-monetary external strategic information. The response to threats and opportunities is slow; the internal evaluation is only based on financial indicators. And the new business with core competitiveness that is related to the long-term development of the business is rejected.
Problem 9: Used to use static analysis, lack of dynamic analysis.
Some businesses are accustomed to using static thinking, static business development strategy, static market environment, static production and operation plan, and static employee needs and abilities to conduct static analysis of businesses. These companies seldom pay attention to external and internal changes, seldom dynamically revise and improve their strategic planning, and seldom adjust their action plans. Therefore, it is difficult to keep up with the times, keep pace with the times, and keep pace with the times.
Problem 10: Without dissecting the whole, the individual analysis is insufficient.
Some large businesses and large groups are getting bigger and bigger, and their financial analysis is becoming more and more macroscopic. They did not conduct a financial analysis of each branch center, business process, and operation unit of the business like dissecting sparrows, so they could not analyze the strategic contribution of individuals, so it was difficult to tap and cultivate the core competitiveness of the business; If the analysis is not objective and in place, it will lead to the phenomenon of inefficient crowding out the resources of strategic units and efficient divisions, and the inefficiency of the overall resource allocation of the business will ultimately affect the overall efficiency of the business.
Conclusion
The above 10 problems exist more or less in the financial analysis of most businesses, and the process of solving these ten problems will also be to emancipate the mind, raise awareness, change functions, identify positioning, and serve the development strategy of businesses in the accounting work of business. At the same time, it is also a process for businesses to correctly use financial analysis and scientific and refined management.
School Psychologist or School Counselor, Meaning, Definition, Characteristics, Features, Importance, Issues, and Problem. It can be confusing when thinking about the role of a school psychologist; especially when you compare them to a guidance counselor. A guidance counselor, who is very important to the everyday functioning of a school and students; focuses more on getting a student through their school career academically; and, if the student wants to attend a college they see to it that the student is equipped for the transition.
Here is the article to explain, School Psychologist or School Counselor, their Characteristics, Features, Importance, Issues, and Problem!
School Counselor or School Psychologist Meaning and Definition? Both occupations are important to a school’s function and at times go hand in hand; but, it is what a school psychologist can do that makes them vital. The school psychologist can work with a student on a much more personal level and find out; what is making them tick or what may be troubling them on a deeper level. The school counselor many times works with the student and their issues and how it pertains to their education. There are times that the guidance counselor looks upon to serve the students in both arenas and the same goes for the school psychologist.
The guidance counselor is more than likely going to have opportunities to counsel and work with a student especially; if they form a relationship with that student; but depending on the situation or issue that is occurring; it is in the best interest of the student for the school psychologist to work with them. However, it’s the individual expertise that makes them stand apart. While the guidance counselor is going over college plans and preparing transcripts for a student; the school counselor may be having a group counseling session with students who are dealing with a specific issue.
Futures or Characteristics of School Psychologist or School Counselor;
So, what does the future hold for the world of school psychology? The education realm will always be in existence but to what extent? Technology is always evolving and growing and that means there will be more and more opportunities for students to engage in specialized learning. The alternative setting may become more prominent, such as homeschooling and online/internet-based schools. This type of learning will suddenly become the normal way of educating.
The future of school psychology and educating and training new psychologists is vital. In the year 2000, the recommended ratio of students to school psychologists was 1000:1 (Curtis, Chesno Grier, & Hunley, 1998). That would be mean roughly one school counselor per school in a school district. The ratio also depends on the types of services that are being provided to the students by the school psychologist. Some students may never come into contact with their designated school psychologist; but, many need the services provided to be successful in their school career.
Other things;
In 2000, a call was made to see a shift in how a school psychologist approached their day. An ecological perspective was requested to see a change in how children were approached. It was felt that a school counselor could have more of an impact on a child’s life; if moved away from the old style and focused on making sure that the child had a healthy environment. Shifting the focus this way would also adapt to the shortage of school psychologists in an area. Making use of families, school, individual, and group settings would show genuine involvement for all who involve in a child’s life.
The role and involvement of a school counselor are where the question comes into the picture. With the homeschooling option becoming more popular a school psychologist will have to be more consultative; and, train more problem-solving skills when working with those adults (parents, teachers, administration) involved in homeschooling. School psychology is extremely important to a school and its daily function. As previously stated a school psychologist can involve very heavily in a student’s day and can be vital to their success.
Benefits or Importance of a School Psychologist or School Counselor;
It can be difficult to place a level of importance on any career; but, becoming a school psychologist is choosing a career where you could make a major impact. In the educational system, the ultimate satisfaction is seeing a student succeed not only during your time with them but watching them succeed outside of school. Unfortunately, each child or student is different and requires different approaches. Something that may bother or cause a problem for child A may not cause the issue for child B. Understanding what you are facing is key for a school counselor. The National Center for Children in Poverty or the NCCP states that one in five children from the ages of birth to 18 years old has a diagnosable mental disorder (Stagman & Cooper, 2010).
The School Psychologist must evaluate and create a plan of action for each unique as they arise and see to it that the student has the best available services. Life at home for a child is not always the best situation and it is beyond their control. The NCCP reports that fifty-seven percent of children and youth with mental health issues come from homes living at or below the federal poverty line. Students with special needs and/or mental disorders need someone that will advocate for them and has a desire to see breakthroughs and success at all levels.
Problems or Issues for School Psychologist or School Counselor;
The day for a school psychologist is not always an easy one. Each day they could be present with stressful anxiety-filled moments that would make many not envious of their career choice. School psychologists have a heart for helping and want nothing more than to see a child succeed not only in the classroom but in the real world as well. One glaring problem that the world of education is facing is that there is not enough funding in some parts of the country to hire a school counselor. If they currently have one, there is a good chance that steps are being taken to slowly eliminate that position (Weir, 2012). Schools are looking for ways to save money and have taken measures to eliminate “nonessential” school personnel and programs.
More issue to know;
In 2009, School Psychology International reported that there was an estimated 32,300 school psychologist in the nation and the task with servicing more than 6.5 million public school students (Weir, 2012). Having this much difference in the two numbers creates more of a workload for the school counselor. According to the National Association of School Psychologists, the ratio for psychologists to students is 1 to 500-700, but unfortunately; it is much higher and in some special cases can be close to 1 to 3,500. With numbers being so low, it forces school counselors to work longer hours and many times take their work home.
All careers have issues and all schools and places of education have problems; but, it’s how the issues handle and by whom. In 1995, The American Academy of School Psychology was founded to prepare and train those to deal effectively with problems or issues that stem from learning and/or human behavior (Cassel, 1999, p. 584). A school psychologist can be the most valuable person on your staff to deal with issues and problems when they pop up. That is why it is so important that funding for these positions continues and doesn’t dwindle.
Why you Becoming a School Psychologist or a School Counselor;
Before you can begin changing lives in the world of school psychology you must be willing to obtain specific education requirements. Throughout the United States, there are approximately 240 institutions that offer psychology graduate programs (“Becoming a School Psychologist,” n.d.). When deciding on an institution, the National Association of School Psychology or the NASP approves many universities that APA accredit.
How to become a school psychologist?
To become a school psychologist, you will need to either have a specialist-level degree designed for school psychology or a doctorate. Some graduate programs that offer degrees for school psychology may require that a student not only completes academic work; but, also has supervised fieldwork and possibly an internship that would equip you with the knowledge, skills, and the learning experience for working every day as a school counselor. During your graduate program, you may require to do a practicum or an internship.
This will allow you to work closely with a trained school psychologist and begin to discover what you will face when you have completed your training. Once you have completed the required schooling for this career you will need to become certified; and, depending on the state that you work in will determine if you have the requirements needed. Each state is different on what is required but the National Association of School Counselor or NASP requires minimum specialist-level training. The work and training need to become a school counselor can be daunting but it can pale in comparison to the issue that a student endures and the sheer idea that you can assist the student with their matters can make the process worth it and rewarding.
Reference; Benefits of a School Psychologist. Retrieved from https://www.ukessays.com/essays/education/benefits-of-a-school-psychologist.php?vref=1