The Importance of a “Business Plan” for BUMG’s Progress petek, July 13, 2024 Law Number 6 of 2014 concerning Villages provides broad opportunities for the growth of Village-Owned Enterprises or in Aceh better known as Gampong-Owned Enterprises (BUMG). However, not many BUMGs have done so Can independent and become an economic source for residents. BUMG management has not been carried out professionally like a business entity. PBudget accountability is also another problem that often befalls BUMG, and some managers even end up in trouble with the law. This is not only caused by deliberate irregularities, it is also due to reporting capabilities that do not meet standards. “That’s why designing is important … Continue Reading
Corporate Plan Update :: Exxon Mobil Corporation (XOM) petek, July 12, 2024 Corporate Plan Update (December 6, 2023) ExxonMobil gave an update to its Corporate Plan through 2027, reflecting continued execution of its strategy to provide the products society needs and to lower emissions, both its own and others’. In a presentation to investors, ExxonMobil Chairman and Chief Executive Officer Darren Woods and Chief Financial Officer Kathy Mikells highlighted that: ExxonMobil’s Corporate Plan more than doubles potential earnings from 2019 to 2027 – and the company remains on track to deliver an additional ~$14 billion of earnings and cash flow growth over the next four years The company expects its … Continue Reading
Mitsubishi UFJ (MUFG) Unveils Medium-Term Business Plan petek, July 11, 2024 Mitsubishi UFJ Financial Group, Inc. MUFG, also known as MUFG, unveiled a medium-term business plan for the three years beginning in fiscal 2024 through fiscal 2026. The company has outlined efforts to expand and refine its growth strategies, drive social and environmental progress, and accelerate transformation and innovation. With this, it aims to increase return on equity (ROE) to around 9% in fiscal 2026. MUFG aims to add products and channels, improve balance sheet profitability, and drive growth during the said period through seven strategies. These include efforts to strengthen the domestic retail customer base, fortify its corporate and wealth … Continue Reading
But a trio of 20-something entrepreneurs refused to quit and now run a $16.7 billion investment firm petek, July 10, 2024 Chris Hulatt was a trainee fund manager on Mercury Asset Management’s (now Merrill) grad program when he met Simon Rogerson and Guy Myles. At the turn of the millennium, the trio went on to found Octopus Group, the parent company of six financial and energy firms. Looking back, it’s hard to believe that three twentysomethings created the hugely successful business on a whim. But that’s precisely what happened—with some help from what they now call the ‘Terminator gene’. “Everyone thought we were totally mad,” Hulatt recalls of the moment he and his co-founders dropped out of the grad program to … Continue Reading
Nissan launches global business plan ‘The Arc’ petek, July 9, 2024 Nissan Motor Co., Ltd. today launched The Arc business plan to drive value and strengthen competitiveness. The plan bridges the Nissan NEXT business transformation plan (2020-2023) and Nissan Ambition 2030. Split into mid-term actions for 2024 to 2026 and mid-long-term actions through 2030, the plan aims to strengthen product portfolio, advance electrification, introduce new ways of developing and manufacturing, and focus on strategic partnerships. Makoto Uchida, Nissan President and CEO, said: “The Arc plan shows our path to the future. It illustrates our continuous progression and ability to navigate changing market conditions. “This plan will enable us to go further … Continue Reading
Amazon Fresh store in Poway remains shuttered as company works to ‘improve shopping experience’ petek, July 8, 2024 The empty parking lot and locked front doors are a constant reminder that the Amazon Fresh store in Poway has yet to open after more than two years of anticipation. The Amazon Fresh building in Twin Peaks Plaza near Target on Pomerado Road has been ready for occupancy since early 2022, according to a city of Poway Facebook post. “Almost eight months ago we signed off on a certificate of occupancy for the much-anticipated ‘Just Walk Out’ grocery store, signaling the completion of any work that required involvement from the city of Poway,” states the Nov. 21, 2022 posts. Poway … Continue Reading
Adani Group unveils defense complex, $362 million investment plan | Company News petek, July 7, 2024 The company has already started rolling out small caliber ammunition from the complex, starting with 150 million rounds that it estimates form 25% of India’s annual requirement (Photo: Bloomberg) 2 min read Last Updated : Feb 26 2024 | 6:48 PM IST Billionaire Gautam Adani’s group plans to invest more than 30 billion rupees ($362.1 million) in the manufacturing of ammunition and missiles, the conglomerate’s defense arm said on Monday, as it unveiled two sprawling production facilities in the northern Indian state of Uttar Pradesh. The plans highlight the ports-to-power conglomerate’s ambitions in the lucrative defense sector where manufacturing … Continue Reading
FCA business plan focuses on Consumer Duty implementation petek, July 6, 2024 The FCA has prioritized the protection of consumers and the promotion of effective competition within the financial services industry in its Business Plan 2024/25published today (19 March 2024). In the document, the regulator explained that it would continue to test higher standards for regulated firms by embedding the Consumer Duty and “take action where appropriate” to ensure market integrity. Nikhil Rathi, the regulator’s chief executive, added: ”We’ve already made significant progress in delivering towards the bold vision we set out in our strategy two years ago, including the game-changing introduction of the Consumer Duty and proposing the most far-reaching … Continue Reading