Insights Success https://insightssuccess.com Best Business Magazine | Business Success Stories Mon, 17 Feb 2025 05:21:29 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 Insights Success Best Business Magazine | Business Success Stories false Selvakumar Neethimani: Transforming the Future of Energy Solutions through Innovation https://insightssuccess.com/selvakumar-neethimani-transforming-the-future-of-energy-solutions-through-innovation/ Wed, 12 Feb 2025 05:23:04 +0000 https://insightssuccess.com/?p=135610 The renewable energy industry is important in addressing global climate challenges and meeting the increasing demand for sustainable power sources. With the growing urgency to reduce carbon emissions and transition to cleaner energy, this sector has gained prominence, offering innovative solutions that replace traditional energy sources and introduce smarter technologies. Wind and solar energy are […]

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The renewable energy industry is important in addressing global climate challenges and meeting the increasing demand for sustainable power sources. With the growing urgency to reduce carbon emissions and transition to cleaner energy, this sector has gained prominence, offering innovative solutions that replace traditional energy sources and introduce smarter technologies. Wind and solar energy are at the head of these developments, driven by technological advancements such as improved energy storage systems and smart grid integration. As the industry evolves, it continues to adapt to new policies, incentives, and market demands, providing countries with viable options to meet their sustainability targets.

Selvakumar Neethimani, Founder of Eagle Wind Tech, Co-founder and CEO Windplus Eagle Power Private Limited, is a visionary leader who is shaping the renewable energy industry with his innovative approach and dedication. His journey from wind turbine engineer to confounding a leading renewable energy company reflects his resilience and passion for sustainable energy solutions.

Selvakumar’s leadership is characterized by his ability to inspire teams and push the boundaries of what is possible in renewable energy. If your purpose is true and you are true to that truth, the God or nature you believe in will give you whatever you need.

Windplus Eagle Power Private Limited, under Selvakumar’s leadership, is committed to advancing renewable energy solutions in India and beyond. The company focuses on developing wind farms and integrating the latest technologies in energy storage and grid management. By taking a holistic approach to renewable energy development, Windplus Eagle Power is contributing to a cleaner, more sustainable future while positioning itself as a key player in the global energy market. Through its innovative projects, the company aims to reduce carbon emissions and support the country’s renewable energy targets.

Let’s explore Selvakumar’s transformative journey into renewable energy:

Leading with Resilience and Purpose

Selvakumar’s journey into renewable energy, in becoming the Co-founder and CEO of Windplus Eagle Power Private Limited, has been a deeply transformative experience. Starting as a wind turbine engineer with a passion for mechanical engineering, he witnessed the power of renewable energy. In the whirlwind of corporate life, he often asked, “What’s next?” That question sparked a deep desire to create something meaningful. Founding Eagle Wind Tech was his leap of faith, and now, with the universe guiding him, he proudly stands as the Co-Founder of Windplus Eagle Power, leading with resilience and purpose.

Today, the mission is to innovate and push the boundaries of renewable energy in India and beyond. Every step and every challenge has been part of the journey to realize a vision that extends far beyond himself.

A Primary Focus for Sustainability

His journey into the wind energy sector began in 2000, inspired by a visit to an incredible windmill site in Satara, Maharashtra. Surrounded by the beauty of nature—hills and waterfalls—he was captivated by how engineering could harmonize with the environment. Initially set on studying electrical engineering, he found his path in mechanical engineering, which equipped him with essential skills for understanding wind turbines and renewable infrastructure.

Over the last 21 years, the wind energy sector has transformed from a nascent field with limited investment to a vital component of the global energy Industry. Today, it is driven by technological innovations, policy shifts, and an urgent awareness of climate change.

Wind energy is no longer a niche; it plays a critical role in the global energy transition, with advancements in energy storage, grid integration, and smart energy management revolutionizing the industry. What excites him most is witnessing renewable energy become a primary focus for nations striving for sustainability.

Technological Advances in Renewable Energy

As a leader with extensive experience in both the wind and solar sectors, Selvakumar identifies several key trends shaping the future of renewable energy, both in India and on the global stage. In India, government policies and incentives, such as the National Solar Mission and various wind energy programs, are pivotal in driving growth. These initiatives have accelerated the adoption of renewable energy, making it a significant part of India’s energy Industry.

On a global scale, the push toward net-zero emissions stands out as the most transformative trend. Countries around the world are committing to ambitious net-zero targets, and this collective effort is creating a ripple effect across industries, attracting massive investments, and making renewable energy a global priority.

Technology is another major force shaping the future. Advances in energy storage, digitalization, and smart grids are becoming essential for integrating renewable energy into existing infrastructures. At Windplus Eagle Power Private Limited, the company actively embraces these technological shifts, ensuring that it stays ahead of the curve.

As nations pursue their net-zero goals and government schemes continue to evolve, there is increasing interest from investors. The renewable energy sector is no longer just about producing clean energy—it is about being at the forefront of a movement that is reshaping how the world thinks about energy, investments, and sustainability.

Holistic Involvement in Wind Farm Development

The most rewarding part of overseeing wind farm development for Selvakumar is the substantial impact being made on the environment and the future of renewable energy. From the very first feasibility study to the final commissioning, each step is a profound learning experience. But more than that, it is about contributing to something far greater than oneself—a greener, more sustainable future.

At Windplus Eagle Power Private Limited, the company embraces a 360-degree approach to wind farm development. It does not limit itself to a single aspect; it is deeply involved in every phase—site selection, environmental assessments, engineering, procurement, construction, and commissioning.

This holistic involvement is not just about delivering efficient projects; it is about understanding every detail, learning from every challenge, and striving to grow with each new project. The aim is to do it all—driven by the desire to learn, to know, and to evolve as a significant force in the renewable energy industry.

One of the most fulfilling aspects of this work is knowing that every wind farm developed moves closer to a sustainable future. Each project is a step toward reducing carbon emissions and contributing meaningfully to India’s renewable energy targets. The goal is not just to build wind farms but to become a key player in shaping a cleaner, more sustainable world.

Maintaining a Competitive Edge in the Industry

Windplus Eagle Power Private Limited prioritizes people empowerment by investing in its team’s development through training and leadership programs. The company’s commitment to transparent business practices ensures trust with stakeholders.

The company embraces technology adoption to stay at the forefront of innovations like AI and energy storage. Through stakeholder engagement, the company aligns with local and global trends, and by continuously upgrading its resources, both technological and human, it maintains its competitive edge in the industry.

Enhancing Productivity and Satisfaction

Selvakumar believes maintaining a work-life balance in the demanding renewable energy sector is challenging but critical. At Windplus Eagle Power Private Limited, the company prioritizes people empowerment by clearly defining roles and responsibilities, which helps everyone manage their workloads. It offers flexible work arrangements, including remote options.

Personally, he focuses on conscious time management, delegating tasks, and setting boundaries to ensure he has time for family and personal growth. Ultimately, nurturing a culture of trust and respect allows the highly committed team to thrive, enhancing overall productivity and satisfaction.

Letting Passion Guide the Path to Achievement

To young professionals in renewable energy or engineering, Selvakumar’s key piece of advice is to love their passion. This field, while challenging, is incredibly rewarding, and when one genuinely enjoys their work, it drives them to overcome obstacles. He advises staying adaptable to new technologies and progressing market trends and always embracing continuous learning. He reminds us that “success takes time—be patient, work hard, and cultivate resilience.” Keeping one’s eyes on their goals and letting their passion lead the way, with dedication, success will follow.

Aspiring to Lead in Renewable Energy

Looking ahead, Windplus Eagle Power Private Limited aspires to become a leading developer in the renewable energy sector and aims to contribute at least 10% of India’s energy generation through its initiatives. By 2034, the company plans to achieve ₹100 crore in revenue while playing a pivotal role in reducing the nation’s reliance on fossil fuels. The commitment to innovation and sustainability will drive its efforts as it works towards advancing India’s transition to clean energy.

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Kunal Almadi: Transforming Solar Operations for a Sustainable Tomorrow https://insightssuccess.com/kunal-almadi-transforming-solar-operations-for-a-sustainable-tomorrow/ Wed, 12 Feb 2025 05:22:09 +0000 https://insightssuccess.com/?p=135609 The solar energy industry is integral to the global push towards sustainable energy solutions. With its ability to harness renewable resources and reduce dependency on fossil fuels, the sector has transformed energy generation and consumption patterns worldwide. As solar installations grow exponentially, the focus is shifting towards optimizing performance and ensuring the long-term reliability of […]

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The solar energy industry is integral to the global push towards sustainable energy solutions. With its ability to harness renewable resources and reduce dependency on fossil fuels, the sector has transformed energy generation and consumption patterns worldwide.

As solar installations grow exponentially, the focus is shifting towards optimizing performance and ensuring the long-term reliability of these systems. This progress demands advanced technologies and services that address inefficiencies and minimize energy losses, paving the way for a future powered by clean energy.

Kunal Almadi, Co-founder of Intello Tech AMC Pvt. Ltd., brings a visionary approach to addressing these challenges in the solar sector. Focusing on using technology and operational efficiency, he has established himself as a leader committed to solving practical issues solar plant operators face. Kunal’s focus on adaptability and teamwork underscores his leadership, enabling him to drive innovation while focusing on delivering impactful solutions. His ability to listen, learn, and respond swiftly to emerging needs has notably shaped his contributions to the industry.

Intello Tech AMC Pvt. Ltd. is committed to enhancing solar plant performance through innovative solutions and proactive maintenance. By combining advanced monitoring tools with reliable on-ground services, the company ensures seamless operation for its clients. Its mission to maximize energy production and minimize losses is supported by continuous investment in advanced technologies and a responsive approach to customer feedback. As the company continues to grow, it remains constant in its goal of empowering solar plant owners with efficient, reliable, and sustainable energy solutions.

Let’s explore Kunal’s innovative solar practices for shaping a clean energy future:

Enhancing Solar Plant Performance

Kunal’s career has always been focused on using technology to solve real-world problems. When he looked at the solar industry, he saw a need for better tools to monitor and maintain solar plants. Many plant owners struggled with performance losses due to a lack of proper solutions.

This inspired him to start Intello Tech AMC Pvt. Ltd. He combined technology with hands-on services to help solar plant owners keep their systems running smoothly. The goal is to make managing solar plants easier, ensuring better energy output and reducing downtime.

Balancing Technology and On-Ground Services

According to Kunal, one major challenge has been building a business that balances technology and on-ground services. Developing a monitoring platform that provides accurate data while ensuring maintenance teams can fix issues effectively is no small task.

Another challenge was scaling operations while maintaining high quality. Intello Tech AMC Pvt. Ltd. works with different types of clients; it must be flexible and responsive to their needs. These experiences have taught Kunal to be adaptable, focus on teamwork, and always look for solutions. They have shaped him into a leader who listens, learns, and acts quickly.

Vision for Enhanced Solar Plant Performance

Intello Tech AMC Pvt. Ltd. aims to improve solar plant performance by offering smarter monitoring and proactive maintenance. The aim is to help plant owners maximize energy production and minimize losses.

To keep this vision alive, every part of the company—products, services, and customer interactions—is aligned with this mission. The company also listens to client and team feedback to ensure continuous improvement and value delivery.

Utilizing Advanced Tools for Better Solutions

Intello Tech AMC Pvt. Ltd. encourages innovation by creating a culture where new ideas are welcomed. Its team constantly explores ways to use advanced tools like AI, IoT, and data analytics to improve solutions.

For example, Intello Tech AMC Pvt. Ltd.’s monitoring system includes real-time alerts and predictive insights, while its maintenance services use the latest techniques to resolve issues faster. The company stays adaptable by monitoring industry trends, listening to customers, and constantly upgrading solutions to stay ahead of the competition.

Effective Time Management and Task Delegation

Kunal believes balancing work and personal life in a startup is tough, but he prioritizes it. He focuses on managing his time well, setting clear priorities, and delegating tasks to his team.

Outside work, he spends quality time with his family and takes breaks to recharge. This helps him stay energized and focused. He also encourages his team to maintain balance, believing a happy team works better.

Faster Maintenance Workflows for Competitiveness

Kunal stays updated by reading industry reports, attending webinars, and connecting with experts in the field. Intello Tech AMC Pvt. Ltd.’s investment in R&D keeps its monitoring and maintenance services cutting-edge. Features like predictive fault detection, energy forecasting, and faster maintenance workflows help maintain competitiveness. The company also gathers regular feedback from clients and adapts solutions to meet their changing needs, ensuring relevance and value in the market.

Advice for Aspiring Entrepreneurs in Tech

Here’s Kunal’s advice to someone looking to start their own company or pursue a career in the tech industry:

Solve real problems: Focus on addressing a specific need in the market.

  • Stay customer-focused: Understand your customer’s pain points and design solutions for them.
  • Be persistent: The journey is full of ups and downs, but don’t give up.
  • Build a strong team: A good team can help you overcome challenges and grow faster.
  • Keep learning: The tech industry changes quickly, so always stay curious and open to new ideas.
  • Starting a company is challenging but also very rewarding. Believe in your vision and work hard to make it a reality.

Expanding Presence and Enhancing Tools

In the coming years, he focuses on growing Intello Tech AMC Pvt. Ltd.’s presence, improving monitoring tools, and making maintenance services even more efficient. The plan includes introducing innovative features, like advanced analytics and automation, to help solar plant owners make better decisions.

On the maintenance side, efforts are directed toward reducing downtime and improving service quality. What excites Kunal most is being part of the renewable energy revolution. Knowing their work contributes to a cleaner and greener future keeps him motivated daily.

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Multi-Cloud Strategies: Balancing Flexibility and Complexity https://insightssuccess.com/multi-cloud-strategies-balancing-flexibility-and-complexity/ Tue, 04 Feb 2025 13:51:22 +0000 https://insightssuccess.com/?p=133977 As most businesses have started to follow a multi-cloud strategy to get full advantages from multiple cloud service providers in the fast-changing digital landscape, a multi-cloud strategy can be defined as a strategy involving two or more cloud platforms like AWS, Microsoft Azure, Google Cloud, and so on, for the purpose of workload distribution in […]

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As most businesses have started to follow a multi-cloud strategy to get full advantages from multiple cloud service providers in the fast-changing digital landscape, a multi-cloud strategy can be defined as a strategy involving two or more cloud platforms like AWS, Microsoft Azure, Google Cloud, and so on, for the purpose of workload distribution in order to get resilience while avoiding vendor lock-in. Such strategy comes with great benefits, but complexities that organizations need to manage correctly to maximise that benefit.

Flexibility is one of the strongest drivers for adopting multi-cloud as it spreads out the workloads across multiple cloud providers, and hence companies have the flexibility to choose the best-in-class service for a particular need. Therefore, a company can have its strengths for machine learning in AWS, while Google Cloud will come into use for data analytics, and Microsoft Azure will be applied for easier integration with all the tools of the enterprise including Office 365.

With flexibility, thus it is possible to get the best balance between performance, cost, and functionality. This strategy has one of the major pros: increased resiliency and disaster recovery. With a one-provider dependency situation comes the phenomenon of single-point failure. For that reason, during the outage time of that single provider, the applications operate on another platform because of having a multi-cloud strategy. In those industries such as finance, health care, and e-commerce which require greater uptime, this strategy is particularly valuable.

Apart from these, multi-cloud strategies also have no vendor lock-in. To avoid dependence too much on one provider, firms will diversify investments in the cloud to benefit from greater bargaining power or jump to other suppliers when necessary, especially in an environment where change in cloud price and service options is quite high.

Multi-Cloud Complexity Issues

Despite all the great arguments, a multi-cloud environment also has its own set of issues to wrestle with. One of the most critical headaches maybe complexity. Although each cloud provider has its toolbox APIs and management interfaces, it creates the problem of having a unified view of resources and operations.

Fragmentation will result in inefficiencies, greater operational overheads, and higher learning curves for the IT teams.

Besides computing, security and compliance are a huge concern. Once data and applications are sprawled across several platforms, it is somewhat hard to guarantee that uniform security policy and regulatory compliance are in place. For this scenario, now organizations need more robust IAM solutions, encryption protocols and monitoring tools to safely function in their multi-cloud deployment.

The second complex area is Cost Management. Multi-clouds significantly reduce the cost by discovering the right-most cost-effective service for each workload but shock with the cost not managed in good order. Also feasible is the over-provisioning of environments and the use of cloud resources, therefore raising cross-cloud expenditures issues not monitored.

Conclusion

It stands on an equal level of flexibility vs. complexity for the multi-cloud strategy to be implemented. There should clearly be planning ahead for the following:

  1. Centralized Management Tools: Investment in a CMP or multi-cloud orchestrator to streamline operations wherein resources may be observed, provisioned, and managed centrally across multiple clouds from a single console.
  2. Automation of Repetitiveness: the automation would reduce overheads associated with the operation of running, and thereby procedure would be efficient as well as manageable. Infrastructure by code with Terraform and Ansible is utilized to provision consistent, reliable, and repeatable procedures in ross-cloud environments.
  3. Governance and Security Infrastructure: Well-defined policies of governance can be done only in a multi-cloud environment that can have excellent control and regulation. Audit, continuous monitoring, and training of employees neutralize risks.
  4. Optimization of Cost: Reserved instances, spot instances, and cost audits with tools and best practices about the management of cost bring great money savings and prevent an overrun in an organization.

Flexibility, resilience, and innovation bring a lot of complexities. Organisations can really achieve a lot of benefits from multi-cloud environments if there are suitable tools, processes, and governance frameworks, which mitigate risks and maximise value. It is going to help businesses to achieve that perfect balance which would be expected in the coming years to set themselves ready to emerge victorious in this era of the digital revolution.

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The Impact of Leadership on Company Culture and Performance https://insightssuccess.com/the-impact-of-leadership-on-company-culture-and-performance/ https://insightssuccess.com/the-impact-of-leadership-on-company-culture-and-performance/#comments Thu, 30 Jan 2025 07:40:29 +0000 https://insightssuccess.com/?p=132865 Leadership is the backbone of any organization, which goes beyond influencing strategic decisions and defines the company culture and overall performance. The way leaders communicate, inspire, and manage their teams has a direct impact on employee engagement, productivity, and long-term business success. A strong leadership approach fosters an environment where employees feel motivated, valued, and […]

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Leadership is the backbone of any organization, which goes beyond influencing strategic decisions and defines the company culture and overall performance. The way leaders communicate, inspire, and manage their teams has a direct impact on employee engagement, productivity, and long-term business success. A strong leadership approach fosters an environment where employees feel motivated, valued, and aligned with the company’s mission. On the other hand, poor leadership means numbness, many turn over, and inefficiencies in the way of doing operations. In this essay, the deep ways through which leadership influences organizational culture and effectiveness regarding the basics defining successful leaders are discussed.

Influence of Leadership on Company Culture

Company culture is the cumulative actions, values, and attitudes that have developed in an organization about how employees might act with each other. It doesn’t happen overnight; it develops over time since it develops through the actions of leadership inspired by a desired vision. Leaders are the ones who define the work culture-the things like how decisions can be made within an organization-that influence the morale of workers.

An effective leader shows the core values of the organization in all daily activities. If leaders within the organization act with integrity, inclusiveness, and commitment to excellence, so will the employees. Trust and transparency within an organization will also be created when open communication and accountability are implemented. This makes the employees feel more engaged and results-oriented.

Besides that, employee welfare-concerned leader allows a psychologically safe culture where people will feel free to discuss ideas, be calculative in risk-taking and learn from failure. That provides innovation and teamwork for business excellence.

Leadership Styles and Influence on Performance

There are so many leadership styles that impact companies’ culture and performance differently. Some of the most popular of them are as follows:

  • Transformational Leadership: Transformational leadership is that sort of leadership that inspires employees to work to their best ability. Transformational leaders have high expectations and set examples for innovation and continuous improvement. Companies with such leaders are said to enjoy high levels of employee satisfaction, creativity, and general business growth.
  • Servant Leadership: An employee-centric leader inspires loyalty and teamwork. This form of leadership encourages cooperation, growth, and collective decision-making. A servant leader boasts high employee morale, retention, and stability for long-term business sustainability.
  • Autocratic: This kind of leadership will succeed in heavily controlled environments requiring decisions to be taken quickly. However, when it comes to creativity and workers’ involvement, it is detrimental because employees feel that the boss is dictating all actions, hence feeling unhappy and underperforming.
  • Democratic Leadership: By promoting group participation and cooperation, democratic leadership promotes a culture of shared accountability. Employees in such an environment feel appreciated and empowered, contributing to better performance and innovation.

The success of a leadership approach may depend on the organization’s structure, industry, and team; however, most of the time, success in the long term will be more dependent on the ability to adapt an approach to various situations and individuals.

The Connection Between Leadership and Employee Engagement

Perhaps one of the most direct ways that leadership impacts performance in a company is through the engagement of employees. Engaged employees are productive, motivated, and committed to organizational goals. Leadership directly affects the engagement process by creating an environment at work that allows employees to feel heard, supported, and challenged.

The communication of an inspiring vision and giving constructive and appropriate feedback, then recognizing achievements would influence motivation much. When valued contributions are observed in the employees’ side, chances of staying for long with that organization are higher with fewer hiring expenses.

More, leadership affects the work-life balance since leaders create and establish proper expectations and flexibility. The respect given by the leader to the employee’s time and welfare is the greatest way to gain the job satisfaction of employees and even general performance.

Impact of Leadership on Performance

Apart from culture and engagement, leadership affects financial and operational performance in an organization. Organizations that have effective leadership normally possess:

  • Higher productivity: Proper leadership and resources increase the competency and productivity in teams.
  • Better Financial Outcome: It brings in more revenues in a better culture with good engagement by the companies as the outcome helps improve the rate of satisfaction among the customers, brings innovation, and gains revenues in larger numbers.
  • Greater Innovation: Visionary management creates an environment to be conducive for innovative ideas that bring greater competitive advantages in businesses to the market.
  • Better Crisis Management: In such a time, good leadership ensures the organization is stable, making appropriate decisions and motivating the workforce.

Conclusion

Leadership is not a tool for controlling people, but it inspires, guides, and develops an organization culture that helps performance. How leaders relate to their employees, communicate values, and make decisions impacts the entire organization’s success. The ways to achieve sustainable growth and long-term success are through adopting effective leadership styles, prioritizing employee engagement, and fostering a positive culture. Leadership indeed has a great impact on the company culture and performance, and it is therefore an essential focus for any business striving for excellence.

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How Women Entrepreneurs Are Redefining Business Innovation https://insightssuccess.com/how-women-entrepreneurs-are-redefining-business-innovation/ Thu, 30 Jan 2025 07:37:36 +0000 https://insightssuccess.com/?p=132862 Women entrepreneurs are making a new map for the world by bringing innovation and inclusive leadership to the forefront. As more women take entrepreneurial roles, the old ways of doing business will be challenged while creating new doors for various businesses. With strategic thinking, women entrepreneurs have put forth some of the most groundbreaking innovations […]

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Women entrepreneurs are making a new map for the world by bringing innovation and inclusive leadership to the forefront. As more women take entrepreneurial roles, the old ways of doing business will be challenged while creating new doors for various businesses. With strategic thinking, women entrepreneurs have put forth some of the most groundbreaking innovations that change how businesses operate in their daily dealings. This article deals with how female entrepreneurs are rediscovering business innovation and paving their way to a diverse and dynamic future in the world of economics.

The Emergence of Women Entrepreneurs

In the past few decades, women entrepreneurship has increased remarkably. Today, more and more women start new ventures, manage established companies, and contribute to significant sectors such as technology, healthcare, finance, and sustainability. These changes are related to expanded access to education, mentorship opportunities, and dedicated funding for women-owned businesses.

Despite all this, women entrepreneurs still face problems such as limited access to venture capital, plus gender bias at the corporate level. However, this tenacity has led to coming up with innovative solutions that would solve real-world problems while driving economic growth.

Innovation Through Diverse Perspectives

Different perspectives in solving problems are probably the most important inputs that women entrepreneurs give to business innovation. In fact, there have been several studies which pointed out that diverse leadership leads to better creativity in decision-making and better business results. Holistic perspectives of a problem are what usually women leaders apply when they’re solving a problem, looking into social impact, employee well-being, and sustainability in the long run.

By focusing on access and involvement, women entrepreneurs design more accommodating business models that can serve new market needs. Their customer-centered innovation is easy to relate to the kind of product or service design which is both practical and impactful.

Focus on Purpose-Based Entrepreneurship

More women entrepreneurs are shifting to redefine success, focusing on purpose-driven business models. They combine profit with social and environmental responsibility into their business models. This trend has led to the emergence of businesses that sustain, source ethically, and focus on corporate social responsibility.

For instance, women-led companies are pioneering sustainable fashion, ethical technology, and impact-driven finance. Their businesses not only generate revenue but also contribute to change by solving global issues such as climate change, gender equality, and access to education.

Harnessing Technology for Growth

Technology has been a key enabler for women entrepreneurs to innovate and scale their businesses. With the emergence of digital platforms, social media, and e-commerce, women can now reach global audiences without traditional barriers to entry. Many women entrepreneurs use data analytics, artificial intelligence, and automation to enhance business efficiency and customer experience.

More women in the tech industries inspire innovation in a new generation. Female-owning startups deliver innovative workable solutions across different areas such as fintech, health tech, artificial intelligence, among many others, where it proves to the world that gender is not an obstacle for innovation.

Building Entrepreneurial Ecosystem

Some of the major success factors in women entrepreneurship relate to collaboration and mentorship. Many organizations and women’s networks are established for this purpose: for mentorship, funding, or resources for prospective women entrepreneurs. They create an inspiring environment in which women can communicate, learn, and forge strategic alliances.

These are the ecosystems strengthened by women entrepreneurs, not only advancing their businesses but also giving opportunities to the next generation of leaders. Innovation continues to thrive through their efforts in mentoring and investing in other women-led ventures.

Breaking down barriers and shaping the future

These women entrepreneurs have shown much potential and movement, but a lot is still to be done for them to gain equal footing on the business field. Efforts of elimination of gender bias, increase access to funding, and policies that will support work-life balance will be accelerants of their future impact on innovation.

As women continue to break conventional barriers in business, they are realizing that what really drives innovation is leadership, creativity, and resilience. Their efforts will contribute to the shaping of a future where businesses are profitable, purpose-driven, all-inclusive, and transformative.

Conclusion

New faces of innovation among women entrepreneurs include fresh approaches, embracing the latest technology, and purpose-driven strategies. Their capabilities of driving meaningful change within a challenging setting have placed them as key actors in economic and social development. The business arena will continue to change with more women taking the leadership position; thus, it will be inclusive, dynamic, and innovative. Entrepreneurship into the future has been bright and promising because of wome.

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Mind Facility Management: Nurturing People, Planet, and Spaces https://insightssuccess.com/mind-facility-management-nurturing-people-planet-and-spaces-2/ Thu, 23 Jan 2025 12:22:20 +0000 https://insightssuccess.com/?p=132202 Driving Technological Excellence and Sustainability in Facility Management! In a world that can sometimes seem disconnected, caring serves as the thread that weaves together the fabric of our society. When we care for one another, we foster a sense of belonging and unity. We create a haven for vulnerability, allowing people to express their true […]

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Driving Technological Excellence and Sustainability in Facility Management!

In a world that can sometimes seem disconnected, caring serves as the thread that weaves together the fabric of our society. When we care for one another, we foster a sense of belonging and unity. We create a haven for vulnerability, allowing people to express their true selves without fear of judgment.

This nurturing of caring embodies Mind’s commitment to making a difference in the lives of individuals, communities, and the planet. With Jaime Pire, Founder and CEO, their journey began with a profound belief that caring is not limited to human connections alone but extends to the very environment we inhabit.

For Mind Facility Management, caring is not just a buzzword; it’s a way of life. They create a nurturing ecosystem that empowers talents and fosters compassion within a close-knit community. By harnessing data and cutting-edge tools, Mind empowers businesses to manage with genuine care for their teams and end-users.

Mind’s mission extends beyond business goals; they’re devoted to caring for the planet, buildings, and living environments. Sustainability and environmental protection are at the core of their ethos, translated into action through their HuMind initiative. Facility Management and team management become forces for positive change, leaving a greener legacy for generations.

A trailblazer in the industry, Mind Facility Management embraces technology as Spain’s first digital native company in the sector. Their groundbreaking Mind App technology is an all-in-one solution, managing real estate services, curating unforgettable workplace experiences, and fostering sustainability for both employees and companies.

With a talented team of over 27 professionals and offices in Madrid and Gijón, Mind offers a Software-as-a-Service (SaaS) solution for managing services in office buildings and residential real estate. Their boutique management service guides companies through transformative digital journeys, unlocking their full potential in the digital era.

Today, we will delve into how Mind is shaping the future, guided by its founder and CEO, Jaime Pire!

Empowering Clients through Active Listening

Mind ensures that its services are tailored to meet the demands and needs of each client by prioritizing active listening as the first step in any project. This approach allows Mind to develop and implement products that perfectly align with the specific requirements of its clients. As a software-as-a-service company, Mind offers complete flexibility, adapting to the ever-changing management needs of each client. With a team of professionals boasting over 20 years of experience in real estate asset management, Mind is equipped to provide highly personalized consultancy and facility management services to address even the most specific needs.

Furthermore, it employs business intelligence strategies to empower clients with the ability to anticipate business opportunities and effectively navigate changes and trends within their physical assets and human resources. This methodology is not only applied to existing clients but also allows Mind to prospect new clients and offer comprehensive turnkey solutions.

Initially, Mind was established as a specialized technological solution for the comprehensive management of buildings and real estate services within the business sector. This included features like access control, workspace management, and teleworking-related advice. However, in response to growing demand, Mind has expanded its services to the residential market, seizing the opportunity to enhance the quality of life for residents and foster connected and accessible communities. Its specialization now encompasses access control tools, reservation and request management, community experiences, facility availability, concierge services, and streamlined communication channels.

Streamlining Incident Management

According to Jaime, the entire incident management process is efficiently handled through the app, both in the residential and professional markets. Users can easily and quickly report any incidents that occur in the properties. Once an incident is reported, the property manager takes charge and activates the necessary processes to carry out the required repairs with the relevant supplier.

Once the issue is resolved, it is documented in the app through the incident record created by the user. This creates complete traceability of the entire process, including resolution times, which are digitally recorded and accessible for future reference. This streamlined approach ensures that all parties involved stay informed and can easily track the progress of incident resolution.

Embracing Technological Advancements

As a leading technological solution provider, Mind understands the importance of staying abreast of industry trends and embracing emerging technologies to enhance its services. Concepts like Big Data, Deep Learning, and generative Artificial Intelligence hold great significance for the Mind, and they actively explore and test potential implementations of these concepts. Their goal is to continuously improve their service and enhance the management capabilities offered to their clients through their platform.

Triumph in Adapting to New Trends

One of the most challenging projects for Mind has been the transformation of its business from serving the corporate sector to catering to the residential market. After several years of implementing this transformation, they detected a new trend in the residential market. This led to discussions with property managers of high-end communities facing challenges in managing services and shared spaces in residential buildings. Managing temporary rentals, especially in luxury coastal areas with frequent tenant turnover, also became a concern. The main issues raised were providing convenient services to residents and tenants, such as managing access to community services, reporting problems, and fostering community engagement.

Mind realized that their app and platform could be adapted to address these needs in the residential sector. Prompted by this realization, they developed tailored solutions for the residential market. Mind is already working with its first residential customers, and the outcome has been successful thus far. This transformation has opened up new opportunities for Mind and allowed them to extend their positive impact on the residential communities they serve.

Pioneering Social and Environmental Impact

Earlier this year, Mind achieved a significant milestone by obtaining B Corp certification, a testament to its commitment to social and environmental impact, transparency, and corporate responsibility. This accomplishment showcases Mind’s genuine dedication to caring for people and the planet while driving positive change on a global scale. By becoming a B Corp, Mind has joined a thriving community of more than 6,000 like-minded companies that prioritize the well-being of individuals, communities, and the environment over mere profits.

As a part of the B Corp community, Mind and its fellow members undergo a comprehensive evaluation and verification process every three years, assessing their performance not only based on financial data but also on their positive contributions to society and the environment. This certification reinforces Mind’s mission to make a difference, not just within their organization but also in the wider world.

Mind’s commitment to sustainability is further exemplified through its HuMind initiative. HuMind leverages the Mind platform to drive positive environmental change. Integrated into the Mind App, HuMind allows users to monitor their carbon footprint, including tracking their transportation choices for commuting.

Mind’s plans for HuMind are even more ambitious, as they work on incorporating the measurement and progress of the 17 United Nations Sustainable Development Goals (SDGs). This strategic move will enable any company to assess and enhance its positive impact on the planet, fostering a more sustainable future for all.

Words of Wisdom

When advising aspiring entrepreneurs, Jamie emphasizes the importance of persistence and determination, regardless of the industry they choose. Having clear objectives, meeting deadlines, and being responsive to potential investors’ inquiries are crucial elements for success.

One crucial aspect that entrepreneurs should consider is the type of investment they seek for their startup. If they prefer an investor who is not actively involved in the business, a specific approach should be taken. On the other hand, if they require support with the business plan and day-to-day guidance, they may need to sacrifice some independence and autonomy in management, but it can prove to be a viable option for growth.

In the prop tech industry, there are still ample opportunities for growth and innovation. While the sector may not be highly digitized due to its operational nature and origins, this presents entrepreneurs with a chance to actively listen, identify needs, and provide relevant solutions that can revolutionize the industry.

Ambitious Quest for Expansion

Mind is a thriving company with an impressive turnover of 5.5 million. Their ambitious goal now is to further expand their presence in both the corporate and residential markets within Spain and beyond its borders. Already taking strides towards international expansion, Mind has set its sights on key locations such as Miami, the Dominican Republic, and upcoming ventures in Dubai and Senegal. With a clear vision and determination, Mind is poised to make a significant impact in the global market and continue its successful journey of growth and innovation.

Versatility Meets Excellence

In response to the growing demand and positive feedback from numerous satisfied users, Mind has expanded its services to cater to a wide range of needs. The effectiveness of this versatile solution has been testified by numerous testimonials, affirming its impact. With endless possibilities, Mind offers full customization to tailor its services precisely to individual requirements. This adaptability ensures that every user gets the most out of their experience with Mind, making it a truly valuable and effective solution for a diverse clientele.

Read Also: The 10 Most Innovative Facility Management Companies Transforming Tomorrow

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Total Facilities Management: Enhancing Corporate Achievement via Thorough Facilities Administration https://insightssuccess.com/total-facilities-management-enhancing-corporate-achievement-via-thorough-facilities-administration-2/ https://insightssuccess.com/total-facilities-management-enhancing-corporate-achievement-via-thorough-facilities-administration-2/#comments Thu, 23 Jan 2025 12:18:34 +0000 https://insightssuccess.com/?p=132201 Reconceptualizing the Standards of Distinction in the Commercial Terrain of Eastern Africa! There are numerous aspects to consider and duties to complete when running a business. It can be difficult to keep up with everything on your own, from ensuring that your facilities are working at top efficiency to managing the day-to-day operations of your […]

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Reconceptualizing the Standards of Distinction in the Commercial Terrain of Eastern Africa!

There are numerous aspects to consider and duties to complete when running a business. It can be difficult to keep up with everything on your own, from ensuring that your facilities are working at top efficiency to managing the day-to-day operations of your workforce.

Fortunately, organizations like TAD specialize in offering comprehensive facilities management services to businesses throughout Eastern Africa. Tad has been committed to providing a wide range of products geared to help businesses grow and thrive since its inception in 2015.

TAD, based in the bustling city of Khartoum, Sudan, has altered the facilities management scene via its constant commitment to excellence. Over the last four years, the company has significantly extended its activities, acquiring a reputation as one of the most recognized facilities management providers in Eastern Africa.

With a dynamic team of over a thousand dedicated professionals, TAD has collaborated with renowned national and international organizations operating in the region. Notable partnerships include industry giants such as Ericsson, Zain, Bank of Khartoum, United Capital Bank, Dal Food, various NGOs, and several embassies. These alliances have enabled TAD to establish itself as a trusted partner for companies seeking top-tier facilities management solutions.

TAD’s success lies in its razor-sharp focus on commercial real estate. The company specializes in understanding and meeting the unique requirements of businesses, corporations, and companies seeking tailored spaces that align perfectly with their needs. Leveraging the latest advancements in computer-aided facilities management software, TAD employs CAFMTEK from HITEK to develop and deliver customized service level agreements that consistently exceed client expectations.

The comprehensive suite of services offered by TAD covers both hard and soft facilities management aspects. From ensuring the smooth operation of essential systems and infrastructure to providing impeccable support in areas such as security, cleaning, landscaping, and more, it leaves no stone unturned in delivering top-quality services.

Under the transformative leadership of CEO Mohamed Bakhit, and COO Osama Osman, TAD has achieved remarkable milestones and garnered numerous accolades. Bakhit’s strategic vision, combined with his passion for excellence, has propelled TAD to the forefront of the industry, setting new standards for facilities management in Eastern Africa.

Let us delve more profoundly into their odyssey of triumph and eminence!

Unique Mission and Standout Approach

Since its establishment, TAD has developed a clear vision that centers around becoming a highly respected and sophisticated organization in the region, offering intelligent, sustainable, and top-tier services throughout Eastern Africa. Throughout their journey, they have demonstrated an impressive track record of successfully executing their plans in Sudan, and are now expanding into new markets in Egypt and South Sudan.

With a team of over 1500 well-trained full-time employees and cutting-edge computer-aided facilities management software (CAFM System), they are able to effectively integrate people, places, and processes through technology. Their business model has proven to be a resounding success, meeting and exceeding their clients’ expectations while remaining flexible and responsive in implementing continuous improvement and corrective actions for each and every contract.

Tailoring Services to Perfection

Prior to initiating any contact, the team ensures that they comprehend the client’s needs and expectations by conducting thorough research using appropriate questionnaires for each department. The managers of these departments are given the freedom to outline their requirements, expectations, boundaries, and concerns. This information is then used to shape the service delivery model that is specifically tailored to meet the aforementioned concerns.

This plan is clearly exhibited in the cleaning and Planned Preventive Maintenance plans, whereby all requirements are incorporated into the system. Key Performance Indicators (KPIs) are established for the contract, and an escalation matrix is developed to address any inconveniences or problems that may arise. The team also conducts a quarterly satisfaction survey through their QHSE department to evaluate customer satisfaction and make necessary improvements to their service delivery model.

Identifying and Resolving Maintenance

For new contracts, it’s crucial to start by logging in their PPM and cleaning plans. This requires capturing and coding all assets and locations. Scheduled tasks and PPM make up a significant portion (80%) of facility management service workloads. By performing this service correctly using the right tools, people, and timing, service providers can reduce asset breakdowns and complaints from unsatisfied customers, which is their main focus.

Additionally, they establish clear communication channels with their customers for any adhoc activities, such as AC breakdowns or flooding. An agreed-upon response time for each type of problem is then established based on customer requirements. This is what they call reactive maintenance tasks for hard service or requested activities for soft service. Response time is measured in three different categories: attend time, contain time, and fix time.

All types of times are agreed upon, and this is part of the SLA and KPIs of the contract. Implementing this methodology will improve the level of service and the relationship between the service provider and the customer, transforming it from a vendor management scheme to a true partnership. This belief in a successful partnership approach is the essence of this business, as facilities management service requires this kind of relationship to be robust and successful.

Cutting-edge Technologies

Their belief in technology and its ROI drives them to adopt smart solutions. By transitioning from a blind approach to 360-degree visibility, they aim to become pioneers in FM. Similarly, switching from reactive maintenance to proactive maintenance with the help of IoT and smart systems will position them as industry leaders.

To achieve these goals, they have invested in a technology department and hired the right personnel since January 2022. The team has been diligently developing solutions to service delivery problems, evaluating pros and cons, and presenting smart solutions. For instance, they have implemented an attendance system, logistic system using GPS for all their vehicles, CAFM system for hard and soft FM real-time approach, and IoT sensors to monitor critical assets such as temperature in data centers, diesel levels in gensets, vibration in critical elevators, humidity in server rooms, water levels in office buildings, etc. This has enabled them to access critical information on time, allowing their teams to tackle issues before they escalate.

Conquering the Impossible

The team is in charge of managing a data center for one of Sudan’s most respected banks. This center allows Sudanese citizens to transfer money to each other, receive their salaries, pay for groceries and car maintenance, and even purchase bus tickets to escape war zones and reach safe areas within the country or neighboring nations. Bakhit is certain that keeping this software running has benefitted many families and individuals during these challenging times. Their engineers and technicians face questioning and threats at many checkpoints while traveling to and from the center.

Performance Evaluation

TAD has an internal QHSE department that adheres to the ISO 41001 guidelines to ensure customer satisfaction and standard-compliant service delivery. Additionally, through their in-house training center, they provide timely theoretical and practical education on new technologies to their supervisors and facility managers. Its continuous service audit and implementation of corrective actions from lessons learned are part of its ongoing process.

Transforming Facility Management

The service delivery model offered by this company includes monthly logging of energy consumption data. They also conduct regular energy audits and inform customers about Phase One, which involves voluntary energy savings without any investment. One effective measure that has saved customers up to 25% on their bills is switching off lights and AC after hours and on weekends.

Furthermore, the company has partnered with Sudan Zero Waste Organization and jointly started providing waste segregation and proper disposal services. This includes specialized recycling of plastic, metal, and paper, all done in accordance with environmentally-friendly practices.

Exclusive Tips from Successful Entrepreneurs

The field of Facilities Management has transformed into a recognized profession. However, there is a significant gap in the market when it comes to service providers and the quality-of-service delivery. To succeed as a newcomer, emphasis should be placed on individual skill-building and capacity development.

This is due to the fact that employees are the most valuable assets in the industry. Additionally, creating a culture that values and develops individuals is essential to long-term success.

Guide to the Future Growth

As a consequence of the conflict which erupted in Sudan on April 15th, 2023, the operations of the company in the country have been severely impacted. However, a silver lining is that they had already embarked on a new venture in Egypt in 2022. The primary objective now is to enhance their presence in the Egyptian market by promoting FM. Moreover, the company has ambitious plans to broaden its reach in the near future by expanding into the UK, South Sudan, Uganda, and Rwanda.

Industry Leaders and Satisfied Clients

  • The Middle East Facilities Management Association has recognized their efforts in facilities management twice by nominating them for their initiatives.
  • In 2021, the Sudan Facilities Management Association was established and hosted by them.
  • In 2019, Build recognized them as the top Facilities Management Company in Eastern Africa.
  • In January 2022, ISO 41001 Certification for Facilities Management was bestowed upon them, and in January 2023, they successfully underwent a Surveillance Audit. They were one of the earliest companies in the area to achieve this certification.
  • In Eastern Africa, this company stands alone as the sole proprietor of an in-house training center, complete with a theoretical and practical laboratory designed in conjunction with their German partners, Kiehl. Recently, they have initiated a project with TVET UK to expand upon their already impressive offerings. Over the past five years, this training center has certified and graduated over 10,000 personnel, many of whom are Internal Displaced People (IDPs) who were forced to flee their homes due to regional conflicts.
  • The company has recently launched a Smart FM solution, utilizing top-notch CAFMTEK technology and an integrated IOT module to remotely monitor important assets for their clients. The pilot program was a great success. Additionally, they have entered into an MOU with HITEK to facilitate the automation of FM services for stakeholders.

https://www.hitekservices.com/hitek-to-begin-pilot-project-with-major-sudanese-bank%EF%BF%BC/ https://www.remtimes.com/blogs/news/hitek-signs-deal-with-tad.php

Read Also: The 10 Most Innovative Facility Management Companies Transforming Tomorrow

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BGIS: Delivering Disruptive Business Solutions for a Sustainable Future https://insightssuccess.com/bgis-delivering-disruptive-business-solutions-for-a-sustainable-future-2/ Thu, 23 Jan 2025 12:16:32 +0000 https://insightssuccess.com/?p=132200 Transforming Real Estate Assets Through Caring, Innovation, and High Performance! In the business world, attaining success frequently requires prioritizing originality and efficiency. However, what if another factor could make a significant difference? This is where the notion of a “Culture of caring” comes in – an approach that values empathy, respect and care towards all […]

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Transforming Real Estate Assets Through Caring, Innovation, and High Performance!

In the business world, attaining success frequently requires prioritizing originality and efficiency. However, what if another factor could make a significant difference? This is where the notion of a “Culture of caring” comes in – an approach that values empathy, respect and care towards all stakeholders in a business, from personnel to patrons. Although it might not be as widely acknowledged as other business tactics, a culture of caring can profoundly impact both the individuals involved and the overall success of an enterprise.

BGIS is at the forefront of the industry, implementing a game-changing strategy for business solutions that prioritizes compassion, creativity, and exceptional results.

Distinguishing itself through a wealth of technical expertise and steadfast dedication to unparalleled service, environmental responsibility, and customer contentment, BGIS exhibits a profound awareness of the importance of the built environment to clients’ core operations and their employees. BGIS ensures that its clients’ facilities function at the highest level, empowering businesses to flourish and propel progressive achievements.

With a global workforce of over 10,000 team members, BGIS has established a significant presence in various sectors, including government, higher education, utilities, telecommunications, financial services, oil & gas, healthcare, and cloud enterprise. With a portfolio comprising over 40,000 facilities and more than 500 million square feet worldwide, BGIS provides unparalleled expertise and an extensive range of services to its diverse client base. BGIS pushes the boundaries of conventional facility management and real estate services by adopting cutting-edge technologies and innovative practices. Utilizing data-driven insights, predictive analytics, and advanced digital platforms, BGIS solutions streamline operations, boost productivity, and enhance client cost efficiencies.

BGIS owes its triumphant establishment to its compassionate culture. The enterprise pledges to construct robust alliances with clients by comprehending their distinctive requirements and dispensing bespoke resolutions that exceed all expectations. By promoting a cooperative and human-centric approach, BGIS nurtures an atmosphere where clients and their stakeholders feel encouraged, esteemed, and empowered. Under the astute guidance of Gord Hicks, the Chief Executive Officer, it is revolutionizing the landscape of facility management and real estate services through its disruptive business resolutions that are propelled by a culture of compassion, innovation, and high performance.

With a universal presence, an unwavering commitment to excellence, and a focus on sustainability, BGIS empowers organizations to optimize their operations, enhance productivity, and drive long-term success.

Let’s look back on the BGIS journey:

From Passion to Purpose

Gord’s passion for environmental standards in real estate led him to become a Professional Engineer and LEED-Accredited Professional. He joined BGIS in 1997, climbing the ranks from several executive positions to eventually become President in 2006. In 2016, Gord’s dedication and leadership earned him the role of CEO of BGIS, a multi-billion-dollar Facility Management Services company with a global presence of more than 10,000 employees. Gord’s commitment to environmental stewardship was recognized in 2015 when he was named Canada’s Greenest CEO. He was also honored in 2020 with induction into the Order of Canada, the highest civilian honor in the country, for his exceptional leadership.

Transforming Business Operations

BGIS is a world-renowned provider of Facility Management, Project Delivery, Energy and Sustainability, Asset Management, Workplace Advisory, and Real Estate Services. The company’s primary focus is on delivering transformative business solutions to its clients by fostering a culture of empathy, innovation, and high performance. With a strong engineering background and an unwavering commitment to sustainability and service excellence, BGIS has been in operation since 1992, with office locations in Canada, the USA, the UK, Australia, and New Zealand. The company operates in an industry that has been revolutionized in the past 35 years, mainly due to technological advancements.

Gord Hicks shares the company philosophy, “At BGIS, our values are foundational to our culture and are the driving force behind our actions and reactions. We believe in unwavering integrity, passion for innovation, living sustainably, delivering memorable customer experiences, and relentlessly building team member engagement. We are passionate about our clients and are constantly looking to raise the bar in our company, in the industry, and in our communities.”

Facility Management Industry

BGIS is a diverse company comprising individuals from various cultural backgrounds, professions, and perspectives. With a presence in over 15 countries, BGIS offers innovative, expert, and cost-effective solutions to people and places across the globe. Inclusivity is a top priority for BGIS, as they firmly believe that embracing and empowering individuals leads to more meaningful and impactful results. BGIS runs a Future Leaders program, which aims to identify and develop high-potential team members who share the company’s mission and have the drive to enhance their skills and competencies. To address the underrepresentation of female leaders, BGIS launched an initiative called Women of BGIS. This program supports and advances the growth of the female workforce within the company.

BGIS has processes in place to ensure impartiality in their people and culture procedures, aligning them with their employment policies and values. They prioritize creating a diverse team, acknowledging that every employee’s distinct experiences, outlooks, and opinions boost their capacity to deliver exceptional service to clients.

Tailoring Innovative Solutions

BGIS provides a wide variety of services to numerous industries, comprising financial services, healthcare, education, government and public sector, oil, gas, and resources, critical environments, utilities and infrastructure, retail, and media communication and technology. The company’s client-centric approach is evident in its innovative services that primarily focus on technical building services, which offer significant benefits. BGIS is adept at managing even the most intricate and challenging real estate assets, including specific buildings with complex building systems, air conditioning, and maintenance requirements, including data centers. The company also handles real estate assets, such as retail, office, industrial, and critical environments like data centers. Additionally, BGIS is a leading employer for technical and building services in North America.

BGIS is renowned for its unparalleled proficiency in overseeing facilities, executing projects, preserving essential environments, providing eco-friendly solutions, rendering cleaning services, and creating functional workspaces. The firm also provides a wide array of services, including workplace consulting and interior design that can aid clients in attaining streamlined building services. BGIS employs a holistic approach to facilities management, aiming to maximize cost-effectiveness while guaranteeing that building operations adhere to superior standards of quality and safety.

Secret to Delivering Consistent Quality

BGIS views change as a source of great opportunity. Their unwavering commitment to delivering tangible outcomes for clients stems from their success solely depending on their clients’ success. Their approach is distinctive, action-oriented, and they possess the readiness to address any hurdle that clients may encounter. They are revolutionizing the perspective of clients toward their real estate management partners.

In the real estate management field, they shake things up and join forces with their clients in a way that’s innovative and surprising. They take an agile and responsive approach, with an entrepreneurial spirit and a willingness to take calculated risks. Their clients reap the rewards of personalized solutions that cater to their own requirements and those of their customers.

Critical Environment Management

Gord has identified three major obstacles that data centers encounter regarding their energy consumption and sustainability efforts. These include the high costs associated with energy, the impact of carbon emissions, and the ineffective use of resources. Fortunately, IoT and AI technologies can assist by allowing for continual monitoring and analysis of data center operations. This leads to improved energy management, better allocation of resources, and ultimately a reduction in carbon emissions.

The utilization of IoT devices enables monitoring and optimizing energy consumption in a data center. Such devices can collect data on energy usage, temperature, humidity, and airflow, which can then be analyzed to identify patterns and anomalies. As a result, data center operators can optimize energy consumption and identify areas for improvement.

AI can analyze real-time data from sensors and other devices in a data center to anticipate and avoid equipment failures. The use of AI can prevent downtime and decrease energy waste caused by ineffective equipment by detecting potential problems before they happen.

BGIS’s Top Prioritized Performance Metrics

Working closely with clients, BGIS has made significant strides in promoting energy efficiency and reducing carbon emissions. By developing decarbonization roadmaps in partnership with clients, BGIS has helped support their ESG objectives and minimize their carbon footprint, resulting in a reduction of over 20,000 tons of CO2 emissions across their portfolio. Additionally, BGIS has introduced a zero-waste decommissioning solution for several clients, successfully reducing construction waste by hundreds of thousands of tons. Through the implementation of low-flow plumbing fixtures, smart irrigation programs, indigenous plantings, and hardscaping techniques, BGIS was able to reduce over 1.2 million cubic feet of water usage in its operations. BGIS is also investing in smart building solutions and has assembled a large team of building automation technicians and engineers to facilitate the deployment of cutting-edge BAS and IoT solutions to support clients in their quest to reduce energy consumption. Finally, BGIS is rapidly emerging as a leading EV charger installation provider in North America, spearheading the shift towards a low-carbon transportation sector.

Diversifying Offerings for a Progressive Future

BGIS remains committed to innovation, consistently striving to stay up-to-date with market developments while seeking opportunities to implement progressive solutions that will have a significant impact within the next 1-2 years. As the company continues to expand, it is also evolving its technical services, including diversifying its offerings and ensuring consistency across different geographic locations. BGIS is a boutique provider of disruptive offerings in the industry built to deliver value to clients looking for innovative services and creative solutions.

 Raving Reviews and Prestigious Awards

  1. 2022 Wellness Awards: The Workplace Benefits Award for Mental Health Program is for employers with more than 5,000 employees.  Canada’s Safest Employer Award for the Best Wellness and Psychological Safety Program.
  2. Best 50 Corporate Citizens: Corporate Knights
  3. 2023 Canada’s safest employers – Canada’s Safest Employers Organization
  4. CIPS Excellence in Procurement – CIPS organization
  5. CREST Performance Leadership Waste Reduction Award: Commercial Real Estate Trailblazers (CREST)
  6. Patriotic Award (US) – awarded by the US Department of Defense
  7. Occupational Excellence Achievement Award (US) – awarded by the National Safety Council
  8. Uptime Institute Award (US) · APAC Region Awarded by the Uptime Institute

Read Also: The 10 Most Innovative Facility Management Companies Transforming Tomorrow

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UBA Kenya: Empowering Economies through Innovative Banking Solutions https://insightssuccess.com/uba-kenya-empowering-economies-through-innovative-banking-solutions/ Wed, 15 Jan 2025 17:28:14 +0000 https://insightssuccess.com/?p=133634 How Technology is Shaping the Next Generation of Financial Services! As economies expand and diversify, the demand for accessible and dependable financial services increases, and the role of innovative banking solutions has become crucial. Organizations that promote customer-centric approaches and technological advancements do boost economic development. These banks are not just financial entities but catalysts […]

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How Technology is Shaping the Next Generation of Financial Services!

As economies expand and diversify, the demand for accessible and dependable financial services increases, and the role of innovative banking solutions has become crucial. Organizations that promote customer-centric approaches and technological advancements do boost economic development. These banks are not just financial entities but catalysts for change that empower individuals and businesses to reach their potential.

UBA Kenya Bank Ltd was established in 2009 as a subsidiary of United Bank for Africa (UBA) Plc. United Bank for Africa Plc is a leading Pan-African financial institution, offering banking services to more than forty-five million customers, across 1,000 business offices and customer touch points in 20 African countries. With presence in New York, London, Paris and Dubai, UBA is connecting people and businesses across Africa through retail, commercial and corporate banking, innovative cross-border payments and remittances, trade finance and ancillary banking services.

UBA Kenya is positioned to be a go to partner for individuals, SMEs, Corporates, Governments, NGOs, Embassies and Multilateral Agencies operating in Kenya and beyond borders.

Kenya stands as a dynamic hub in East Africa, with a robust economy driven by innovation, entrepreneurship, and strategic connectivity to global markets.  UBA recognizes Kenya’s pivotal role in Africa’s economic landscape and has positioned itself to support this growth through tailored banking solutions, trade finance, and digital innovation.

Unveiling the Leadership Journey:

A Trailblazer in Banking Leadership

Mary Mulili serves as the Managing Director/CEO of UBA Kenya, marking a significant milestone in her extensive banking career. With over two decades of experience, she has excelled in various sectors, including corporate, commercial, public sector, and digital banking. Her dedication to delivering innovative financial solutions has garnered recognition from both customers and industry stakeholders.

Joining UBA Kenya represented a pivotal moment for Mary, aligning with her values of innovation and customer focus while contributing to Africa’s economic growth. Her ascent to CEO is particularly noteworthy as she becomes the first female leader of the bank, symbolizing progress in gender equality within the financial sector. This achievement reflects her commitment to empowering women to pursue leadership roles in banking.

Throughout her career, she has emphasized the importance of maintaining one’s values and fostering inclusive environments. As UBA Kenya navigates the evolving banking landscape, she remains dedicated to driving positive change and supporting diversity, ensuring that the bank continues to thrive in excellence within the financial industry.

UBA Plc at 75: Building a Legacy of Growth, Innovation, and Financial Inclusion

For UBA Plc, the past 75 years have not merely marked the passage of time but have birthed a legacy of resilience, innovation, and unwavering commitment to meeting the financial needs of its diverse clientele. From its humble beginnings to its current status as a pan-African financial leader with a global footprint, UBA’s journey is a testament to its strategic foresight and adaptability in a constantly evolving banking landscape.

Innovation as a Competitive Edge

Innovation is integral to UBA Kenya’s strategy for achieving a competitive advantage in the banking sector. By embracing a digital-first approach, the bank caters to a tech-savvy customer base, enhancing service delivery and expanding its reach. Key innovations include LEO Chat Banking, an AI-powered chatbot that facilitates banking transactions via social media platforms, and comprehensive internet banking services that provide 24/7 account access. This mobile-centric strategy positions UBA Kenya as a leader in convenience amidst a rapidly evolving financial landscape.

Additionally, UBA Kenya prioritizes financial inclusion through technology. Initiatives such as the Braille account opening service ensure that visually impaired individuals can access banking services without barriers. Collaborations with organizations like the Kenya Society for the Blind further underscore UBA’s commitment to inclusivity.

These innovative practices not only enhance the customer experience but also differentiate UBA Kenya as a socially responsible institution. By focusing on accessible banking solutions, UBA Kenya effectively meets the diverse needs of all Kenyans, solidifying its position as a trusted financial partner and leader in the African banking industry.

Facilitating African Trade Through Banking Services

UBA Kenya plays a crucial role in promoting intra-African trade by providing a comprehensive range of banking services tailored to support businesses engaged in cross-border transactions. With a Pan-African presence spanning 20 countries and connections to major global financial hubs, UBA Kenya enables cross border transactions and provide payment solutions to businesses operating outside of Kenya and within the African Continent and beyond.

UBA Connect, allows customers to withdraw and deposit funds at any UBA branch across Africa, reducing the complexities associated with multi-country operations. The Africash platform facilitates instant cross-border money transfers, streamlining payment processes for businesses needing to transact quickly with suppliers.

Additionally, UBA Kenya offers robust trade finance solutions, including letters of credit and bank guarantees, ensuring that importers and exporters have the necessary financial resources to conduct their operations while managing trade risks. The bank also provides various forex and currency solutions to help businesses navigate the complexities of multi-currency transactions.

Through its partnership with the African Continental Free Trade Area (AfCFTA), UBA Kenya is committed to supporting exporters and manufacturers, further enhancing its role as a facilitator of trade within Africa.

Corporate Governance and Risk Management

At UBA, we have a well-entrenched risk management and strong corporate governance practices essential for building trust with our customers, stakeholders and regulators. The Bank has a robust regulatory understanding and interface led by dynamic management team across geographies.

Commitment to Infrastructural Development

UBA Kenya provides various financing solutions that cater to the capital-intensive nature of infrastructure projects. These include long-term loans, project finance, and public-private partnership (PPP) funding for sectors such as transport, energy, healthcare, and education.

  • Project Finance: UBA Kenya offers project finance for large-scale infrastructure projects, including roads, bridges, airports, power plants, and more. The bank works closely with developers, government bodies, and private investors to ensure the availability of funds throughout the project lifecycle.
  • Public-Private Partnerships (PPPs): UBA Kenya facilitates PPPs by providing financing solutions to projects that involve both government entities and private sector players. PPPs are crucial for infrastructure development, especially in areas like energy, healthcare, and transportation, where public and private sector collaboration can accelerate project delivery.
  • Syndicated Loans: For particularly large infrastructure projects, UBA Kenya participates in syndicated loans, where multiple banks collaborate to provide the capital required. This allows the bank to share the risk while funding major projects that contribute to economic development.

Creating Value for Stakeholders

UBA Kenya generates value for its stakeholders through a range of initiatives designed to promote mutual growth and sustainability. The bank focuses on providing tailored financial solutions that cater to the diverse needs of its customers, from small and medium enterprises (SMEs) to large corporations and individuals.

Strategic Advantage Through Pan-African Presence

  • Facilitating Cross-Border Trade and Payments: One of the most significant ways UBA Kenya leverages the Group’s presence in 20 African countries is by facilitating cross-border trade and payments within the continent.
  • Leveraging a Pan-African Customer Base: UBA Group’s presence across Africa gives UBA Kenya access to a broad customer base that includes businesses and individuals spread across multiple countries. This allows the bank to offer services that cater to both local and regional clients.
  • Strengthening Regional Partnerships and Alliances: The UBA Group’s extensive African presence allows UBA Kenya to engage in regional partnerships and collaborations that strengthen its position as a key player in the financial sector. The bank can leverage UBA Group’s relationships with regional development institutions, governments, and other key stakeholders.

Adaptation to Financial Sector Changes

UBA Kenya has effectively adapted to changes in the financial services sector by embracing digital transformation and innovation. The bank has integrated advanced technologies to enhance efficiency and customer accessibility, aligning with the growing demand for digital banking.

To promote financial inclusion, UBA Kenya has developed products specifically designed for underserved populations. A notable example is the introduction of Braille account opening forms, which empower visually impaired customers to access banking services independently. This initiative reflects UBA Kenya’s commitment to inclusivity and aligns with national goals for broader financial access.

By focusing on these innovations, UBA Kenya not only meets regulatory requirements but also positions itself as a leader in providing accessible financial services, ensuring that no segment of the population is left behind in the evolving banking landscape.

The Road Ahead: Vision for the Future

As UBA Kenya looks to the future, it remains committed to its core values of excellence, enterprise, and execution. The overall bank’s vision is to be the undisputed leading and dominant financial services institution in Africa, delivering superior value to all its stakeholders.

To achieve this vision, UBA will continue to invest in innovation, and deepen its customer relationships. The bank’s strategic priorities include enhancing operational efficiency, driving digital transformation, and leveraging data analytics to deliver personalized services.

“We are committed to embark on a journey focused on accelerating growth, providing value to our customers and shareholders and  aligned with the broader vision of sustainable banking,” Mary Mulili, MD/CEO UBA Kenya.

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Stanbic Bank Botswana: Empowering Communities through Sustainable Banking https://insightssuccess.com/stanbic-bank-botswana-empowering-communities-through-sustainable-banking/ Wed, 15 Jan 2025 17:28:13 +0000 https://insightssuccess.com/?p=133633 The challenge of encouraging economic growth in Botswana has long been a significant concern, particularly in a domain where financial inclusion and sustainable practices are paramount. Stanbic Bank Botswana, a member of the Standard Bank Group, has risen to this challenge since its inception 32 years ago. With a commitment to creating value for its […]

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The challenge of encouraging economic growth in Botswana has long been a significant concern, particularly in a domain where financial inclusion and sustainable practices are paramount. Stanbic Bank Botswana, a member of the Standard Bank Group, has risen to this challenge since its inception 32 years ago. With a commitment to creating value for its customers, the bank has established itself as a key player in the financial sector.

At the helm of this transformative journey is Chose Modise, the Chief Executive of Stanbic Bank Botswana. Under his leadership, the bank has not only become the third-largest commercial bank by profitability but also a market leader in Corporate and Investment Banking. Modise’s vision emphasizes that banking should extend beyond mere transactions; it should empower individuals and businesses alike. “Our mission is to create lasting value for our clients and communities,” he states, reflecting the bank’s core philosophy.

Stanbic Bank Botswana’s approach is holistic, catering to a diverse clientele that includes corporates, SMEs, and retail clients. The bank’s 630 dedicated staff members across 13 branches embody this ethos, working tirelessly to ensure that every interaction is rooted in value creation. This commitment is evident in their sustainable practices, which prioritize community welfare and economic growth.

As Botswana navigates its economic challenges, Stanbic Bank remains resolute in its ambition to contribute positively to the country’s development. With innovative banking solutions and a deep understanding of local needs, Modise and his team are not just responding to the demands of today; they are laying the groundwork for a prosperous future. In doing so, they exemplify how financial institutions can be powerful agents of change in society.

Can you please introduce yourself and your motivation to embark on this sector? 

I am incredibly privileged and honoured to lead Stanbic Bank Botswana which forms part of a diverse and dynamic family of professionals, and this is not a responsibility I take lightly, supported by an exceptional cadre of executives comprising our Country Leadership Committee, and indeed 630 talented staff across Botswana.

Our passion at Stanbic Bank is unwavering, and this is something to be enormously proud of. Together, we aim to establish the Bank as not only a trusted partner in the financial services industry but also as a leading force in shaping the future of banking locally. Botswana is our home; we drive her growth.

My journey with the bank started in January 2022 as the Chief Finance Officer. As the Chief Financial Officer (CFO), I had the privilege of gaining comprehensive insights into the bank’s operations, financial strategies, and brand positioning. This role allowed me to deeply understand the organisation’s core values, its approach to fostering client trust, and the intricacies of aligning financial performance with brand reputation and market presence. I had the privilege to work across 12 African countries in sectors such as FMCG, hotels, banking, and insurance. I am a member of both the Association of Chartered Certified Accountants (ACCA) and the Botswana Institute of Chartered Accountants (BICA).) However, it is more than what is on a resume and less about “me” or “I.” It is my profound belief in the power of leadership to inspire excellence and drive the culture of growth and performance at both personal and team level.

How does Stanbic Bank Botswana leverage its membership in the Standard Bank Group to provide value to its clients? (Include the recent awards, best employer….) 

We are fortunate to be part of the biggest bank in Africa, Standard Bank Group (operating in 20 African Markets), celebrating an impressive history of more than 162 years of operation in Africa. As part of the group, we have access to resources including Standard Bank global expertise, experience from other markets and skills across our banking solutions.

For example, we continuously leverage the depth of expertise and capabilities across the Standard Bank Group, supporting our own Botswana talent to create meaningful and sustainable value for Batswana through our secondments programme. It is what allows and enables us to make a difference for our people, and this is something I am incredibly proud to be a part of.

We further leverage the global expertise of the Group to offer innovative banking solutions to our clients to enhance service delivery, including the Stanbic App, which enables clients to access banking services from their smartphones easily. This application incorporates the most recent global fintech advancements, including real-time transaction alerts, effortless fund transfers, and immediate account management.

We have been fortunate in this space to also earn global recognition in 2024, the Global Banking & Finance Awards for Best Corporate Bank, Best Investment Bank, and Best Trade Finance Bank in Botswana, alongside the Best Bank for Sustainable Development Botswana 2024. We have also been named the Botswana’s Best Bank for Environmental, Social and Governance (ESG) by Euromoney. This is in part building on the exceptional work of our team in Botswana, as well as through leveraging Standard Bank Group.  Standard Bank Group has been recognised by Forbes as one of the Top 20 World’s Best Employers, an incredible feat we are so proud of.  

What steps does Stanbic Bank take to ensure a progressive and meaningful banking experience for its clients and stakeholders?

We want happy staff, happy customers and thriving communities. If we can deliver this, I think we can be proud that we are contributing to Botswana’s growth.

What does this mean? It means we are always solving for our customers’ needs and putting their experience at the fore, offering a modern and valuable banking experience by embracing innovation and on solutions that prioritise the needs of our customers.

We constantly invest in advanced technologies and digital platforms to make banking processes more efficient and improve accessibility, supported of course by the right people to champion this. Our values, our strategy and our talent make for an incredible force to confidently say we are partnering with Botswana and driving her growth.

How does Stanbic Bank’s Corporate and Investment Banking (CIB) segment deliver comprehensive solutions to a wide range of client requirements? 

We are proud to be a leader in this space, with a proven track record of tangible results for the business and our clients.

Our Corporate and Investment Banking (CIB) segment offers a suite of solutions tailored specifically for large corporations and multinational clients. By combining in-depth industry knowledge with a strategic understanding of complex financial needs, our CIB division delivers customised services designed to meet the unique requirements of each client.

This includes tailored financing solutions, strategic advisory on mergers and acquisitions, and sophisticated investment strategies that align with their corporate goals and operational challenges across key portfolios. We are constantly introspecting, innovating and levering our insights and expertise to enhance how we grow our clients and deepen the impact we help deliver for them and with them.

Having amongst the very best talent in market is just one part of that, for we also then reach into our extensive Group network and depth of capability whilst still providing an authentic and personal engagement with our CIB clients. It is through this approach that we have supported such momentous transactions with clients such as Vunani, Wilderness and Norsad.

While client satisfaction is a more important metric for us than awards, we are nonetheless privileged to have won such accolades over the years through CIB as Best Trade Finance Bank, Best ESG Bank, and a number of other accolades from Global Finance, EuroMoney and the African Banker Awards.

What role does innovation play in Stanbic Bank’s Personal & Private Banking (PBB) division to meet evolving customer needs? 

Innovation is key across the Bank as a whole and is deeply entrenched in how we create value for our customers across all segments and portfolios, supported by a fervent desire to always ensure exceptional customer experiences as we work to create value for them. We are passionate about our customers, and this drives us to deliver on our mandate.

We work to enhance customer experiences through tailored, innovative solutions. By continuously integrating advanced technologies, such as mobile apps and online platforms, the bank provides intuitive and secure banking options that cater to evolving customer needs.

The focus on technological advancement ensures that both personal and private customers have access to efficient and flexible services that adapt to their changing lifestyles. It also helps us empower our customers (and even our own staff) to manage their financial journeys with greater ease and confidence and the comfort and confidence that we support them at every turn.

How does Stanbic Bank’s extensive branch and ATM network in Botswana contribute to its competitive advantage? 

Client convenience and access to banking solutions is a core component of our business model which includes our ATM network and branches.  We operate 13 strategically located branches across the country and well as 79 ATMs and Point of Sale devices to give our clients the opportunity to transact 24/7.

What strategies does Stanbic Bank employ to stay at the forefront of financial services technology and digitalization? 

At Stanbic Bank, we prioritise innovation by continuously investing in research and development and forming strategic partnerships, including those with technology providers and SMEs through CEEP. By collaborating and staying engaged with our customers, we ensure our digital solutions are both relevant and impactful.

Key initiatives like Unayo, our digital banking platform; Shyft, for seamless foreign exchange and international transactions; and Digital Lending, which offers unsecured loans through digital channels, exemplify our commitment to delivering cutting-edge financial services that meet our customers’ evolving needs. Our staff can be proud that they empower customers with progress, and our customers can be confident we will always have their interests at heart.

What initiatives does Stanbic Bank have in place to support the growth and development of small and medium enterprises in Botswana? 

We support and empower SME growth for we recognise the gravitas of this sector in growing our economy, thus since inception, we have aided many customers and clients to grow their businesses. Some of the initiatives include.

  • Africa China Agent Proposition (ACAP) – launched in 2022, this aims to assist Botswana’s importers source and validate quality goods, safely and efficiently, from the most competitive suppliers in China.
  • Accelerate Empowerment Procurement (AEP) – is a flagship asset of Stanbic Bank Botswana, launched in 2019 and drives the Social, Economic and Environment (SEE). It was set up with the view to create shared value and address youth employability and entrepreneurship through a collaborative model that involves the affected to be role players in trying to find solutions for these two issues. This initiative makes it easier for local youth and/or women-owned enterprises to supply their goods and services to the bank. As part of growing small medium enterprises, we had set ourselves a target of P12 million for 2023. We surpassed it to reach transactional spend of P13.4 million for the year under review.
  • CEEP - Stanbic is actively expanding its efforts under CEEP, demonstrating a growing awareness of the connection between economic activities and environmental well-being. Our recent initiatives have involved forming partnerships with Tokalafa, Wilderness, Debswana, and several other organisations. The Bank’s dedication is clear through its strategic investments in green technologies and sustainable infrastructure.

These include:

  • Stanbic Bank Botswana sponsored the 2024 Okavango Wilderness Safaris Local Supplier Expo with a contribution of BWP 150,000.00. This sponsorship supported logistics for nearly 120 local enterprises participating in the Expo. Additionally, it provided significant value to citizen-owned businesses in the tourism and hospitality sectors by helping them access the Wilderness procurement ecosystem.

The Expo aligns with the Bank’s Accelerate Incubator, which champions Citizen Economic Empowerment and the Citizen Economic Empowerment Programme (CEEP), by encouraging local, citizen-owned suppliers to showcase their products and services for potential partnerships with Wilderness camps in Botswana.

  • The sponsorship from Stanbic Bank of BWP 1 million to the Tokafala Development   Programme is aimed at supporting the growth of small and growing business in    Botswana. It aims to address the challenges that entrepreneurs often encounter in the country. The services provided by Tokafala have benefitted over 215 Small and Medium Enterprises, offering valuable advice and mentorship to entrepreneurs. This support has enabled them to enhance their business, financial management, and   marketing skills, ultimately leading to the establishment of successful and sustainable businesses.

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