Blogs | Meirc Training and Consulting
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Blogs

Meirc’s blogs are meant to be fat-free write-ups on topics which are of interest to our clients and web-site visitors. These blogs are useful when you wish to get an update on a field you follow or when you are looking for a bite-sized article that you would like to refer to or learn from. If you wish to enquire about our products and services, please visit our Contact Us page

Creating a Successful IT strategy

  May 5 2019

# IT Management

For many IT managers, creating a high-quality IT strategy is probably one of the most difficult things to get right. In my experience, many IT manages struggle from the outset primarily and simply because they (and their bosses) are not clear on exactly what strategy is and what is required. The dictionary defines strategy as “a (high level) plan to achieve a long-term goal.” IT strateg...;

Why Do Mergers & Acquisitions Take Place?

  Apr 30 2019

# Legal

Although Mergers and Acquisitions are often used as synonymous terms, there is a difference between the two concepts. With a merger, two firms together form a new company. After the merger, the separately owned companies become jointly owned and obtain a new single identity and the stocks of both firms are surrendered and new stocks in the name of the new company are issued. With ...;

What Is Learning and Development?

  Apr 28 2019

# Human Resources and Training

Learning and development (L&D) is a critical function of any HR department. The goal of learning and development is to build on and increase the knowledge and skills of your employees. Your learning and development strategy should give your staff the tools to do their job more effectively, and ultimately, bring everyone into alignment with the company’s long-term goals. Train...;

Addressing Tail Risk within FRTB

  Apr 24 2019

# Banking, Insurance and Financial Services

In this paper I want to examine some pivotal concepts that are provided in the risk calculation methodology within the FRTB documentation provided by the Basel Committee on Banking Supervision (BCBS). One of the major purposes in bringing forward the FRTB requirements was for the BCBS to address tail risk in financial markets, a key omission in the Basel II framework. In order to get a bette...;

Self-Development

  Apr 21 2019

# Interpersonal Skills and Self Development

Self-development is crucial to anyone who wants to remain viable in any industry or field. Perhaps this has never been truer than it is today. With automation, artificial intelligence, and technological advances happening at light speed, it’s easy to wonder if you’re doing enough to stay ahead. So, Is My Job Going to Be Taken By Robots or What? Eccentric tech icon Elon Musk famous...;

Healthier Financials from the Patient Experience

  Apr 18 2019

# Healthcare and Pharmaceutical Management

Performance on patient experience scores can impact the cash flow and operating profit margins of hospitals, which may mean organizations have to align quality metrics and leadership to influence patients’ perceptions of their care. This abstract aims to answer two questions: What is the relationship between patient experience and financial performance? And; ...;

Product Management and the 8 Steps of Product Development

  Apr 15 2019

# Marketing and Sales

Product management refers to the strategic process of driving the development, market launch, and continual support and improvement of a company’s products. It can include a wide variety of strategic and tactical duties, including: Conducting Research: to gain expertise about the market, user personas, and competitors. Developing Strategy: goals and objectives, a broad overvie...;

Key Trends For Your Strategic Planning

  Apr 14 2019

# Planning and Strategy Management

So, you’re doing you are planning the strategy for the new year. Are you falling into too-familiar patterns and relying on yesterday’s news to inform your future actions? Ideally, you’re staying way on top of all the latest developments and advances in your field. If not, your strategy is going to lack key elements - and your organization is likely to suffer as a result. 2019 Trends You...;

Brand Management — The Key to Business Success

  Apr 8 2019

# Marketing and Sales

Branding is the art and cornerstone of marketing—but it’s also a complex topic. Branding is the aspect of marketing that uses symbols that help consumers identify and separate one producer or product from another. Branding is a top management priority and one of the most valuable intangible assets that firms have. For customers, brands can simplify choice, promise a particular quality l...;

Blended Learning

  Apr 7 2019

# Human Resources and Training

“Blended learning” is a term being thrown around a lot lately. What exactly is it? On the surface, it’s pretty self-explanatory; blended learning is any kind of instruction or education that combines different methods and means. Most commonly, when someone uses the term, they are talking about classes that combine in-person instruction with online class time. The internet is usually an integ...;