Startup Challenge: Importance of MVP
Minimum Viable Product (MVP) helps a startup team begin to learn the process of learning as quickly as possible. MVP should not be confused with the smallest imaginable product. MVP allows you to test an idea by exposing an early version of your product to the target...
Catch-22 for Brick & Mortar Retailer’s – e-retail or not ?
In India, e-tailers like Amazon, Flipkart and Snapdeal in recent years have not only made the youngsters below 30 their ardent buyer from their online platform but also have of late been able to net the people in the age group of 30 to 50 as their customers.In the...
VAT DESIGN AND ROLLOUT – Series 2
In the last series, I had written about GCC members discussing about the VAT framework for member states which in all likelihood could include: Each member have its own VAT law and common rules on VAT Simultaneously implementation of VAT in all GCC member states...
Converging Organization’s Governance,Risk & Compliances
The common problem which organizations are facing globally, while implementing robust GRC standards, is of Risk Silos. Risk Silos arises when each of the oversight function (individually) gathers information from business divisions to identify potential risks. This...
Operational Risk Management in a Low Oil Price Scenario
Operational Risk is the potential of loss arising due to failures in systems, people and / or operational processes which can result in an impact on People, Assets / Production, Environment or Reputation. Operation Risk Management (ORM) is the means and processes...
Change Management – The Secret Weapon for a Volatile Business Landscape
Artificial Intelligence and end-to-end automation seem to be the buzz word in business and technology circles these days. These are technologies that are bringing about radical changes to the way businesses are run on a day to day basis.The operational efficiency and...
Standards of Innovation in Auditing
The world of Auditors is becoming dramatically a competitive cutthroat that lead certification authorities of auditing to differentiate themselves by bringing out few added values. But, today most of the auditors in UAE keep their focal point on compliance rather than...
VAT: Let’s Show the Way to Get Prepared..!
The prospects of a federal corporate tax and value added tax (‘VAT’) regime is gaining momentum in UAE. The launch of the new VAT system will not only just affect consumers, but also will have a wider impact on businesses. While it’s still early for companies to make...