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The importance of KPI for optimizing enterprises

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Entrepreneurs and business owners try to achieve their goals and success by using a way that evaluate the effectiveness of their plans and strategies. Now, the performance indicator is considered the reliable way that everyone works in business, and project management is depending on.  Why are KPI Important? Key Performance Indicator helps to identify the ability and effectiveness of a company, organization, or individual to achieve key objectives. It is used at a set of levels aimed to assess the success of any entity reaching its objectives. There are indicators to measure overall performance, and others for every department within the entity, and the performance indicator can measure the performance of employees as well. What is a KPI? It has different definitions and classifications; however, it is important to note that a performance indicator is a measurement tool that provides long-term results and an effective way to facilitate work and identify achievements and failures. ...

Restoring tourism activity in Dubai between reality and challenges

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  Dubai, one of the seven emirates in the Arab Gulf, is planning for a gradual and successful return to its leading position on the world's tourism map as one of the most visited cities in the world. Tourism in Dubai is an accelerated institutional work distinguished by hospitality and innovation. The Government aims to attract 20 million visitors annually and make the emirate the first choice for leisure travel, especially business travelers. Tourism is one of the government's strategies to maintain foreign exchange earnings. Many experts confirm that the tourism sector in UAE has proven its strong role in overcoming many previous crises such as the global financial crisis, and the  Corona pandemic  meanwhile, where the sector is now stronger than before. The importance of tourism in Dubai: Many tourists choose Dubai as a leading destination for leisure and education around the world, for it has many modern and ancient attractions. Dubai has gained the first position in ...

The Importance of External Training in Career Development

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Training is of great importance in the time in which we live. The technological and scientific development is fast so that we constantly need to learn new skills and sciences. The clearest example of development is the computer and its rapid developments, we need to learn new things in this field perhaps every week. Or by observing the evolution of administrative science and the impact of globalisation on management concepts. In industry we find that technological development makes us have to use advanced equipment and therefore need to be trained. Training for Overcoming the Weaknesses has a Significant Impact and a Great Need at the Functional Career Levels for Several Reasons: First:  there are often basic skills and knowledge for work that are unknown to the employee. Second:  Lack of training of the lower levels in the work hierarchy means that the higher levels strictly supervise the work of the lower levels and perhaps do some of their work, resulting in neglecting the ...

Features of the Economic Institution

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Economic Institution   have contributed to the formation of human groups based on the use of financial, intellectual and material means to achieve specific objectives set by their management, and they seek to achieve   achieve profits at the lowest costs , and meet the diverse needs of individual consumers and to increase their standard of living. The economic institution can be defined as:  a productive organization that aims to create  market value  through certain factors of production and then sells it on the market in order to achieve financial profit. or it's an economic unit that carries out a range of activities related to production, purchase, sale, and storage. Contributes to the achievement of the objectives for which the Foundation was founded. and it defined according to the  International Labour Office : is any place containing economic activities, and has private and independent records therein. Features of the Economic Institution: It h...

The Importance of Financial Accounting

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  Financial Accounting  is a branch of accounting that records all matters related to financial position, financial performance (income statement), and cash flows of the enterprise in accordance with certain accounting standards. Here is the importance of financial accounting for all parties concerned with the institution, which will be explained in detail below. What are the Functions of Financial Accounting? These functions are: Identifying, processing and processing financial transactions, such as sales, purchase, payment, and service delivery. Measuring the financial value of those operations: ie knowing the value of cash corresponding to each of those operations separately. Recording results: Any documentation of all that has been identified and measured in accounting records, taking into account accuracy ,and history. Delivery of results: the most recent and important function of financial accounting functions, which means summarizing results previously recorded in ...

Corrosion and control of iron facilities in the gas & oil industry

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Corrosion control by lifting iron installations on concrete platforms: The iron installation in the oil sector might be buried like a tank or underground pipe or constructed above ground. If the iron facility is constructed above ground just like a long rail pipe extending for many kilometers that transfers crude oil production from oil field production collection centers to refineries, or the road passed by this pipeline is located in a dry, non-humid climate zone "keep in mind that when there is no water or moisture, there won't be corrosion at all". The external corrosion of this tube can be easily controlled by lifting this facility on platforms or concrete racks spaced above the ground.    Let's suppose that one concrete platform for every 100 meters along the pipeline lifts the tube in order to space the iron pipe from the ground. This land may be rich in salts, and any water accumulated in low points, groundwater, or seasonal rains could dissolute and melt thes...

Modern Methods of Management

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The science of management is one of the branches of modern human sciences. The focus of this science is on finding the  best way to accomplish the tasks   assigned to the workforce to achieve the objectives of the institutions to the fullest. The most comprehensive definition of management is that it is a set of rules and principles used by the manager to harness resources and use them for the desired objectives of the establishment in the least time, effort, and lowest cost possible. As for modern management, it is a method that depends fundamentally on the management of resources, both human and material, and guidance and organization in accordance with dynamic structures and thus achieves the desired goals in the desired form. And achieve the satisfaction of beneficiaries to achieve the objectives and thus achieve a sense of happiness and satisfaction and proficiency of employees, It’s the optimal recruitment of human and material resources into the desired inquir...