December 2024 - FORE School Of Management

The Objectives of a Student Exchange Program: Why It’s Worth Your Time and Effort

December 31, 2024December 27, 2024CBO FORENo Comments

Participating in a student exchange program is an exciting opportunity for anyone eager to broaden their horizons, gain a global perspective, and experience a different culture. Many students wonder, “What is a student exchange program?” Simply put, it’s an arrangement where students study at a partner institution in a different country for a set period, usually a semester or a year. These programs can take various forms, whether academic, cultural, or professional, but all share one common objective: to provide students with the tools and experiences they need to succeed in an increasingly globalised world. What is the Purpose of a Student Exchange Program? A student exchange program’s main goal… Read More

Top Benefits of HR Knowledge for Non-HR Managers

December 30, 2024December 27, 2024CBO FORENo Comments

Knowing HR concepts is not only important for HR experts but also a useful skill for managers in many spheres of business. Managers with HR skills are more suited to manage everything from team performance to recruitment, therefore fostering a more harmonious and driven workplace. Learning HR helps non-HR managers improve their leadership skills and guarantees they are not only properly leading but also matching team efforts with corporate objectives. An HR course for non-HR managers can equip leaders with these essential skills, empowering them to support their teams more effectively. 1. Improved Team Management and Communication Improved team management is one of the key benefits HR training offers for… Read More

Leadership and Management Skills: Why Every Professional Should Cultivate Both

December 29, 2024December 27, 2024CBO FORENo Comments

Success in any company depends on a fine balance of leadership and management. While vision is inspired by leadership, teams are motivated, and change is guided, management guarantees that resources are maximised, objectives are fulfilled, and daily operations function without incident. Professionals trying to stand out must develop both skill sets absolutely vital. Combining leadership and management lets one handle difficult business problems holistically and propel outcomes. The first step in really influencing any position is knowing how to balance these abilities. An Insight into Leadership and Management Though closely associated, management and leadership have different purposes. Leading is about vision setting and motivating people to pursue it. Leaders stress… Read More

Why Finance Skills Are Essential for Non-Finance Managers

December 29, 2024December 27, 2024CBO FORENo Comments

For any manager, understanding of finance is not a bonus; rather, it is a fundamental ability that promotes the general viability of a company and helps to drive better decisions. Therefore, the importance of finance for non-finance managers can not be understated. Managers in positions ranging from operations to marketing are expected to be prudent in their use of resources, defend budgets, and recognise how their decisions affect the bottom line of the business. Having a strong grasp of finance, non-financial managers may see beyond their departmental goals and see how their efforts support more general organisational objectives. This information can be acquired from a well-rounded finance for non-finance managers… Read More

Top Benefits of Implementing a Strong Credit Risk Management Strategy

December 29, 2024December 27, 2024CBO FORENo Comments

Any company handling credit or loans must have a comprehensive credit risk management plan to assist reduce the financial risks connected with borrower defaulting. What is credit risk management, though, and how may it help companies? Managing credit risk means determining, knowing, and reducing the hazards of lending money such that lenders are ready to control possible losses. Beyond only stopping losses, a strong plan helps with better customer service, better financial planning, and more general company stability. An Insight into Credit Risk Management The act of spotting, evaluating, and lowering credit exposure associated risks is known as credit risk management. It includes assessing a borrower’s creditworthiness, tracking loan repayment… Read More