Financial freedom for Indians: What it means and how to achieve it

As India celebrates 75th Independence Day, Business Standard spoke to three experts to understand what financial freedom is, and how people can achieve it. For most people, such freedom means having the financial cushion of savings, investments, and cash on hand. Add to that, a decent nest egg for retirement or the freedom to pursue any career without the need to earn a certain amount of salary. Start investing as early as possible, invest across asset classes, keep some aside for the rainy day, and plan for retirement when retirement seems far away.

‘If investing confuses you, opt for Fund of Fund’



5 Means Engineering Will Radically Modify Business Operations in 2022

As component of Methods Review’s Premium Information Series—a collection of contributed columns penned by business industry experts in maturing application categories—Sagi Eliyahu, the co-founder and CEO at Tonkean, shares some insights on the techniques emerging and evolving technologies will influence small business functions in the foreseeable future.

Technological enhancements will noticeably adjust how organizations control enterprise functions in 2022. Combined with market forces, innovative systems will help and compel organizations to absolutely reimagine the way they run across the board. For example, think about how The Terrific Resignation altered the way people think about function. It impressed personnel to desire a lot additional out of their get the job done experience and, in change, produced developments in no-code, automation, and composability. But where by does “changing the way men and women work” materialize? Business operations.  

Below are five techniques technological know-how will radically transform business functions in 2022 and outside of.  

1. Business enterprise Operations will be Redesigned to Accommodate Composability 

Composability is a new method to alternative layout. It is a suggests of setting up application employing “building blocks” composed of business capabilities. These creating blocks are curated by IT and can choose the form of actions on folks, actions on knowledge, or steps that conduct business enterprise logic. They are basically modular, interchangeable, and reusable—they can be assembled and reassembled with a no-code platform to create total-blown, advanced answers.  

The potential of composability must not be understated. The modularity inherent to composability mirrors the modularity that developers use to establish software program with an open-source ingredient. It allows non-specialized teams to construct numerous distinctive tools—from solutions that automate overall business procedures to apps that do something individual or resolve a unique organization problem—without writing code on their own. Composability has the potential to enable every conclude-user within

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The best 5 means technology supports small business advancement in haulage

Know-how has changed the way we live our lives, so it only will make perception that it has also revolutionised how we get the job done. Remedies that streamline or automate extra monotonous or tough processes are no for a longer time a luxurious, but as a substitute a requirement.

A single sector that is continue to battling to adapt digitally, nevertheless, is the haulage and logistics sector. A Mandata study uncovered that the major priority for hauliers in 2021 was reducing guide procedures and escalating the adoption of digital systems, but several experienced complications with staff members training and adoption.

Technological know-how is now crucial to not only maintaining up with the sector but putting your business enterprise on the front foot. Growth outperformers in the sector make investments in producing electronic technologies to maximize productivity and performance and inevitably see enhanced profits.

Right here, we’ll discuss 5 crucial ways technological know-how can gasoline development in your haulage business enterprise.

Boost interior communication

Effective collaboration is important in all organizations but can be tough for hauliers, specifically when it comes to back again-business office team communicating with in-transit drivers. A absence of transparency or sluggish conversation can make functions hard.

Historically, planners normally converse with drivers by means of WhatsApp messages or give them their list of jobs on paper. These unstructured kinds of interaction and occupation managing can result in confusion and the incapacity to communicate critical messages. Now, enterprises can employ electronic options that come with driver applications, creating it quick to handle schedules, talk vital updates, and make genuine-time changes to journeys.

These options are designed to visually replicate past ways of doing work, like WhatsApp messages, for effortless adoption. This mitigates the challenges of personnel struggling to adapt to new engineering. As a result of

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16 Means To Align Your Tech Team’s Operate With All round Enterprise Plans

As corporations grow, it can be simple for unique groups to retreat into silos. Caught up in the working day-to-working day press of perform, tech groups in specific can significantly reduce sight of the all round organization objectives that ought to be at the coronary heart of every little thing they do. Particular person jobs and priorities can choose over, leaving the perform that contributes to the “bigger picture” on the back again burner. 

So how can a tech chief be certain that everybody on their workforce keeps their “eyes on the prize”? It begins with aiding them comprehend why the prize is worthy of operating for in the to start with spot and how each and every team member performs a vital role in obtaining it. Beneath, 16 users of Forbes Technological know-how Council share clever, efficient ways tech leaders can make sure their team’s function continues to be aligned with total small business targets.

1. Make clear How The Team’s Do the job Contributes To Specific Aims

Tech leaders should clarify how the team’s get the job done contributes to an general enterprise purpose: For illustration, minimizing operate on “x” will lead to a lot quicker recovery moments and cut down working expenses. Then, each individual thirty day period, publish metrics to show the developments. This will help workforce members to continuously target on the most impactful perform, which will make a big difference. – Archana Jain, Verizon

2. Invest Time Speaking With Other Company Leaders And Shoppers

Technologies has significantly reshaped the competitive landscape and disrupted small business versions considering the fact that the dot-com period. As an IT chief,

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