Lim Chu Kang Claim Training Allowance

Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Lim Chu Kang Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Lim Chu Kang is usually high.

Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

Public Funding Assistance for Quality Management Systems Consulting and Training

When you wish to start any kind of business you need first to contemplate which kind of business you would like to start. Thereafter you need to find office space, build client base, and hire employees. So you are going to face plenty of challenges which you would really like to address first to successfully run your business.

In other way starting a business may be easy but to run it successfully you are going to face stiff challenges. The most daunting task, however for entrepreneur is raising start-up capital and loans in order to raise and run a business.

The internet with growth of penetration through the world wide population has given tools to the entrepreneurs to address their every needs. Luckily for the entrepreneur they may find various options available through internet for funding their new companies. But finding and securing the funds for their company will take careful research, good negotiating skills, and, the most important thing a commitment towards launching new business.

To start a capital search you should have a good business plan first which may attract the investor which is going to invest for your business plan. A business plan that may show investors and lenders the potential growth of your company. You should follow that up with whole heartedly with a thorough knowledge of the resources available on internet and through other medium and a determination which may make your business reality.

Further it may be said that raising capital or funding your business might not be that much difficult, what is most important is you get your funding money or capital in right time and on right terms. You should take care of few facts while trying to raise money for your business i.e. how much you need?, When you need and from whom you want to get it?

To support Singaporeans based in Lim Chu Kang in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

Government Training Funding For Unemployed

A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

Government Training Funding For Unemployed

Critical Entrepreneurial Skills

Raising capital is a critical skill and requirement for investment principals. The organization and management of this process is challenging. The experience, credibility, and skill needed requires years of practice, exposure, and serious focus. Most never really feel fully comfortable performing the effort. Developing a solid concept and format eases the process dramatically.

Tip #1: A standard presentation organization helps get the process off to a good start. I typically include an opening chart that gives a "teaser" description of the investment. Next, a very brief chart about the principals allows for introductions at the presentation. A good investment requires a positive economic environment. Because of this, I always lay out the situation framing the investment. Next, cover the basic terms of the investment. Describe what the investor will be investing, key terms effecting capital, and what the investment purchases. Explain management, operations, and funding for these items. The closing section includes sources and uses, financial terms, return expectations, and the exit.

Tip #2: Don't write a presentation and simply show up for the meeting. Preparation is key. Realize and ensure that the presentation is not the in depth description. The in depth description should reserved for the business plan and subscription agreement. That said the presentation if the investor engages will be practically as in depth as the business plan in that you should seek to fully engage the investor, provide and explain the details and intricacies of the investment. This means preparation includes preparing to drive home the key points and ensure critical questions are answered.

Tip #3: Complete a Q&A preparation. Spend time developing the questions and issues investors will raise. Prepare clear, cogent, effective answers addressing each question and each issue. If necessary, bring background material to address the issues.

Tip #4: Seek commitment at the meeting. Don't go to the trouble delivering a well prepared complete presentation and fail to ask for the sale.

Tip #5: Have a clear plan to follow up and complete the closing process. Investors are busy people. Executing a clear effective plan communicating with them and setting the clear expectation in their mind of what that plan will be says a great deal about your organization and respects the limited time that they have available.

Principals should never give a presentation without adequate preparation. Having a plan for the presentation will organize your thought process, make your points more compelling, and significantly increase your opportunity for success.

Who Should Attend ?

Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

How You Will Benefit ?

You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Lim Chu Kang Singapore.

In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

Marsiling Skill Academic Grant Segi

Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Marsiling Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Marsiling is usually high.

Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

EDI Market and Channel Integration

Grant writing is often overlooked as a valuable component of a successful capital campaign. Grant writing can secure 25% or more of your total capital campaign goal and can help to complete a project that has stalled but is almost complete. But, while it is not generally the first money secured, it is funding that you should begin seeking while still early in the campaign but after some pre-launch funding has already been secured. While each organization will implement a grant writing campaign differently, here are some general steps to follow:

First identify the group of existing supporters that can be converted to a major donor and will commit to give large gifts. Major gifts from major donors are defined as a significant part of a person's net worth. Usually major gifts are defined as a minimum of $25,000. For very small nonprofits, a major gift may be defined as at least $5,000. Major gifts are also defined as 5% of net worth, 10% of annual income, or 10 times their largest annual gift. These donors should account for about 50% of the capital campaign total. If this is not feasible, you may not be ready to conduct the campaign.

Second, you should look at securing major contributions (grants) from NEW donors (foundations). This grant funding can account for as much as 25% of the capital campaign total and is built on the success of your major donor efforts. Third, you will fill in the last portion of you capital campaign with small donors and annual donors willing to give an additional gift. This may be 25% of total. Finally, you will go back to your Major Donors and Granting Foundations to secure "completion funding."

To support Singaporeans based in Marsiling in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

Government Grants For Personal Training Courses

A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

Social Media Marketing Skills Training

Importance of Employee Training and Development Programs

Introduction -

The lack of a healthcare specific, compliant, cost-effective approach to Enterprise Information Management (aka EIM) is the #1 reason integration, data quality, reporting and performance management initiatives fail in healthcare organizations. How can you build a house without plumbing? Conversely, the organizations that successfully deploy the same initiatives point to full Healthcare centric EIM as the Top reason they were successful (February, 2009 - AHA). The cost of EIM can be staggering - preventing many healthcare organizations from leveraging enterprise information when strategically planning for the entire system. If this is prohibitive for large and medium organizations, how are smaller organizations going to be able to leverage technology that can access vital information inside of their own company if cost prevents consideration?

The Basics -

What is Enterprise Information Management?

Enterprise Information Management means the organization has access to 100% of its data, the data can be exchanged between groups/applications/databases, information is verified and cleansed, and a master data management method is applied. Outliers to EIM are data warehouses, such as an EHR data warehouse, Business Intelligence and Performance Management. Here is a roadmap, in layman terminology, that healthcare organizations follow to determine their EIM requirements.

Fact #1: Every healthcare entity, agency, campus or non-profit knows what software it utilizes for its business operations. The applications may be in silos, not accessible by other groups or departments, sometimes within the team that is responsible for it. If information were needed from groups across the enterprise, it has to be requested, in business terminology, of the host group, who would then go to the source of information (the aforementioned software and/or database), retrieve what is needed and submit it to the requestor - hopefully, in a format the requestor can work with (i.e., excel for further analysis as opposed to a document or PDF).

Fact #2: Because business terminology can be different WITHIN an organization, there will be further "translating" required when incorporating information that is gathered from the different software packages. This can be a nightmare. The gathering of information, converting it into a different format, translating it into common business terminology and then preparing it for consumption is a lengthy, expensive process - which takes us to Fact #3.

Fact #3: Consumers of the gathered information (management, analysts, etc) have to change the type of information required - one-off report requests that are continuously revised so they can change their dimensional view (like rotating the rows of a Rubik's cube to only get one color grouped, then deciding instead of lining up red, they would really like green to be grouped first). In many cases, this will start the gathering process all over again because the original set of information is missing needed data. It also requires the attention of those that understand this information - typically a highly valued Subject Matter Expert from each silo - time-consuming and costly distractions that impact the requestor as well as the information owner's group.

Fact#4: While large organizations can cope with this costly method in order to gather enough information to make effective and strategic business decisions, the amount of time and money is a barrier for smaller or cash strapped institutions, freezing needed data in its silo.

Fact #5: If information were accessible (with security and access controls, preventing unauthorized and inappropriate access), time frames for analysis improve, results are timely, strategic planning is effective and costs in time and money are significantly reduced.

Integration (with cleansing the data, aka Data Quality) should not be a foreign concept to the mid and smaller organizations. Price has been the overriding factor that prevents these tiers from leveraging enterprise information. A "glass ceiling", solely based on being limited from technology because of price tag, bars the consideration of EIM. This is the fault of technology vendors. Business Intelligence, Performance Management and Data Integration providers have unknowingly created class warfare between the Large and SMB healthcare organizations. Data Integration is the biggest culprit in this situation. The cost of integration in the typical BI deployment is usually four times the cost of the BI portion. It is easy for the BI providers to tantalize their prospects with functionality and reasonable cost. But, when integration comes into play, reluctance on price introduces itself into the scenario. No action has become the norm at this point.

What are the Financial Implications for a Healthcare Organization by maintaining the status quo?

Fraud detection is the focal point for CMS in their EHR requirements of healthcare organizations, Let's take a deeper, more meaningful look at the impact of EHR. Integration, a prominent component of Enterprise Information Management in the New Approach, brings data from all silos of the organization, allowing a Data Quality component to verify and cleanse it. The next step would be to either send it back to its originating source in an accurate state and/or put it into a repository where it will be accessible to auditing (think CMS Sanctions Auditors), Business Intelligence solutions, and Electronic Health Records applications. With instantly accessible EHRs, hospitals and their outlying practices can verify patients with payors, retrieve medical histories for diagnosis and treatment decisions, and update/add patient related information. What impact to treatment does a review of a new patient's history have for both patient and practice? Here are some elements to consider:

1. Diagnosis and treatments that are based on previous patient dispositions - reducing recovery time, eliminating Medicare/Medicaid/Payor denials (based on their interpretation as to fault of the practitioner in original treatment or error incurring additional treatment).

2. Instant fraud detection of patients seeking treatment for the same malady across the practices within the organization. Prescription abuse and Medicare fraud saves money not only for the payors, but the healthcare organization as well.

3. The Association of Fraud Examiners states that 9% of a Hospital's revenue each year is actually lost to fraud.

One overlooked but common impact is in the cost of managing patient records. Thousands of file folders in storage with new instances being added each time a new patient enters into the system. Millions of pieces of paper capturing patient information, payer data, charts, billing statements, and various items such as photo copies of patient IDs, are all stored in those folders. The folders are then stored in vast filing cabinets - constantly being accessed by filing clerks, nurses, practitioners and assorted staff. Contents of the files being misplaced or filed incorrectly. Hundreds, if not thousands, of square feet being consumed for storage. The AHA projects that an enterprise leveraging Electronic Health Records will recover no less than 15,000 square feet of usable space. That space can be used for additional services, opening up new channels of revenue. The justification is easy: how much would it cost the hospital to build out 15,000 square feet for a new service? The average cost to build space utilized for Health Services is $65 per square foot, or $975,000 total. An EIM solution through the New Approach would be less than 20% of that. Not only has the EIM solution reduced dollars lost to fraud, lowered the days for payor encounters to be paid, increased cash on hand, but it will also open up new services for the patient community and revenue back to the healthcare organization.

Electronic data is costly in its own way. Bad aka "Dirty" data has enormous impact. Data can be corrupted by error in data entry, systems maintenance, database platform changes or upgrades, feeds or exchanges of data in an incompatible format, changes in front end applications and fraud, such as identity theft. The impact of bad data has a cause and effect relationship that is pervasive in the financial landscape:

1. Bad data can result in payor denials. Mismatched member identification, missing DRG codes, empty fields where data is expected are examples of immediate denials of claims. The delay lowers the amount of Cash on Hand as well as extends the cycle of submitted claim to remittance by at least 30 days.

2. Bad data masks fraud. A reversal of digits in a social security number, a claim filed as one person for the treatment of another family member, medical histories that do not reflect all diagnosis and treatments because the patient could not be identified. Fraud has the greatest impact on cost of delivering healthcare in the United States. Ultimately, the health system has to absorb this cost - reducing profitability and limiting growth.

3. Bad data results in non-compliance. CMS has already begun the architecture and deployment of Sanctions Data Exchanges. These exchanges are a network of data repositories that are used to connect to health healthcare system, retrieve CMS related data, and store it for auditing. The retrieval will only be limited to the patient encounters that show a potential for denial or fraud, so the repository will not be a store of all Medicare and Medicaid patient encounters. But, the exchange has to be able to read the data in its provider data source in order for CMS to apply certain conditions against the information it is reading. What happens when the information is incomplete or wrong? The healthcare system is held accountable for the encounters it cannot read. That means automatic and unrecoverable denials of claims PRIOR to an audit, regardless of claim legitimacy.

The Price Fix by Big Box Healthcare Technology Firms

Are the major healthcare software and technology vendors (Big Box) price gouging? Probably not. They are a victim of their own solution strategies. Through acquired and some organic growth (McKesson, Eclipsys, Cerner, etc), they find their EIM solutions lose their agnostic approach. This is bad...very bad for health systems of all sizes. With very few exceptions, the vast majority of healthcare organizations DO NOT BUY all applications and modules from a single stack player. How could they? Healthcare systems grow similarly - some organic, some through acquisition. When a hospital organization finds over the course of time, an application that is reliable, such as a billing system, there is tremendous reluctance to remove a proven solution that everyone knows how to use. Because the major technology providers in the healthcare space act as a "One Stop Shop", they spend most of their time working on integrating in their own product suite with little to no regard to other applications. Subsequently, they find themselves trapped: they have to position all products/modules to maintain the accessibility and integrity of their data. This is problematic for the hospital that is trying to solve one problem but then must purchase additional solutions to apply to areas that are not broken, just to be able to integrate information. That is like going to the hardware store for a screwdriver and coming back with a 112 piece tool set with a rolling, 4 foot cart built for NASCAR. You will probably never use 90+% of those tools and will no longer be able to park in your own garage because the new tool box takes up too much space!

IT resources - including people - must be utilized. In today's economy, leveraging internal IT staff to administer a solution post-deployment is a given. If those IT resources do not feel comfortable in supporting the integration plan, then status quo will be justified. This is the "anti" approach to providing solutions in the healthcare industry: the sales leaders from Big Box technology firms want their sales people in front of the business side of the organization and to stop selling to IT. While this is a common sense approach, the economy in 2010 mandates that IT has to at least validate their ability to administer new technology solutions. The prospect of long-term professional consulting engagements to follow post installation has been shrinking at the same rate as healthcare organizations profit margins.

Empowering the healthcare organization to utilize its existing IT staff to administer and develop with the new products is not part of the business plan when Big Box players market to the industry. It is the exact opposite - recurring revenue from lengthy, and sometimes permanent, professional services consulting engagements is part of the overall target. The initial price quote for a Big Box solution is scary enough, but the fact remains that it is still not representative of what the ongoing cost to maintain through consulting arrangements. This is a variable cost, which is difficult to predict, and drives finance managers and executives crazy.

Solving the Dilemma - A Better Solution through a New Approach at a Fraction of the Cost

When Healthcare Business Experts combine talents with Technology Architects, EIM Solutions cost drop dramatically. This is the New Approach to Healthcare EIM, providing the way health organizations will be able to provide successful solutions at significantly reduced costs - opening the door for health systems of all sizes.

The EIM Firm (using the New Approach) versus Big Box Healthcare Technology Providers:

Smaller, more agile firms bring many benefits to Healthcare Organizations of any size. The benefits:

1. They are focused on specific verticals - just like the Big Box Health Technology providers. Subject Matter Experts (SME) in the smaller firms typically are industry veterans with years of experience and success in their approach who see their resume as a service offering better utilized when they are able to apply their methods for successful strategy planning as opposed to learning the methods of a Big Box player. Their income is better since their revenue is applied into a smaller operating cost, extending lower pricing for solutions that are MORE EFFECTIVE and offering stronger client/vendor relationships as the SME limits themselves to a certain number of clients.

2. Solutions built on proven approaches and strategies. Again, the firm's SMEs are able to define a methodology that can be re-used or re-configured in each client instance. This saves time and money for the client as delivery is accelerated and the cost of architecting is eliminated.

3. The firms themselves develop solutions and methodologies agnostically. Their understanding of the diversity of systems that exist in the technology of a healthcare organization allows them to not only develop adaptable solutions but also add a Business Process Management Plan (BPM). The BPM will define for the organization EXACTLY how information is received, processed, cleansed, stored, shared and accessed. It also will define an action plan for training IT for administration and support as well as end users at all levels on how they will leverage it going forward. BPM planning in a healthcare organization is a low six figure investment with an outside consulting group. The EIM firms will include it in the cost of the solution. Basically, it is the difference in being told what is wrong and here are the recommendations to fix it versus here is what is wrong and this is how it will be fixed with the new solution.

What is a typical EIM Firm solution?

1. Solution Assessment, noting the current systems, data sources and methods of sharing information as well as business processes, key personnel identification that are gate keepers if information, timeliness of providing information and overall effectiveness in leveraging enterprise information for strategic business planning. See figures 1 for an example of the information process flow visual component of an actual assessment.

2. EIM solution that contains an integration engine that accesses all data sources - reading and writing back to the database or application, providing data quality services and maintaining HIPAA as well as HL7 requirements. See Figure 2 for a diagram.

3. EHR Data Warehouse. A repository to build Electronic Health Records through the integrated data flow.

4. EHR Portal for patient entry (when additional information needs to be added) via a browser.

5. Business Intelligence Dashboards for metrics, AD Hoc analysis and Performance Management Scorecards on organizational goals and objectives.

6. Onsite implementation and integration of the EIM solution.

7. Onsite training during installation for IT and end users. Ongoing training provided via webinars, documentation and technical support staff.

8. Relationships maintained by the Subject Matter Experts for the life of the solution.

9. Stimulus "HITECH" Act pays $44,000 per physician for an EHR solution implemented. The SME creates the grant request to be submitted so the healthcare organization receives Stimulus funds to pay for the total EIM solution

Key Element of the Solution

Onsite Delivery and full time support are key. But, the most important element is training. Why? As noted earlier, it is paramount that existing IT investments, namely personnel, be able to not only administer but also conduct development as the need arises. In Healthcare, CMS managed Medicare/Medicaid is already margins that are in the negative. As private payers follow suit, the number of uncollectable encounters will increase, impacting current profitability models and increasing future cost for treatment. By mitigating IT costs, the Total Cost of Ownership (TCO) qualifier should actually evolve to a Return on Investment (ROI). ROI is immediate for this solution approach, but it is sustained year over year by leveraging internal IT to support and develop. Now, the Healthcare Organization has eliminated costly professional service consulting engagements and re-investments into new feature licensing. This takes a variable cost every year and makes it a fixed, yet smaller amount - a sensible financial approach to accomplish a proven strategy.

Summary -

Why EIM? Whether it is Omnibus, "Obama"-care or an edit (not overhaul) of the Healthcare industry, Healthcare Organizations know these truths:

1. Electronic Health Records are necessary for the Fraud detection unit of CMS. Each organization must comply with accessibility, HIPAA and format. Fraud reduces overall revenues for a hospital by 9% (ACFE)

2. EHR/EHR have proven to be highly effective in eliminating internal waste, patient fraud, practice fraud and paper overhead. Vast amount of space within the facilities that had been used to store patient records in hard copy can now be utilized to provide additional services and open new revenue streams.

3. Bad or "dirty" data in electronic or hard copy format is costly. According to the AHA (September, 2008), the average cost of a patient record with good or accurate information is $343 annually. The annual cost of a patient record with bad information is $2,054 annually. On average, 18% of patient information within a healthcare organization is bad.

4. Strategies developed by healthcare organizations without 100% of the information they own that is also timely and relevant are ineffective. Objectives cannot be defined, successful processes cannot be identified and improvement plans have little to no metrics in which to determine success.

5. Stimulus/HITECH Act pays $44,000 per physician when EHR is part of the EIM solution. With the smaller EIM firms, Stimulus pays for the entire solution.

Why a New Approach EIM Firm?

1. Subject Matter Expertise from consultants that have proven methodologies.

2. Agility to adapt to the client need instead of the Big Box approach of the client adapting to their product limitations.

3. A Better Solution at a Fraction of the Cost. Their solutions are based on needs and not features.

4. Relationships with the vendor, resulting in improved services, maximum values from vendor solutions and a focused approach to the client needs and goals.

5. A Return on Investment as opposed to a Total Cost of Ownership. Clients need to see solutions that immediately pay for itself and then recover lost revenue while offering channels to new profit centers.

Who Should Attend ?

Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

How You Will Benefit ?

You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Marsiling Singapore.

In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

Neo Tiew Skill For Grant Writing

Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Neo Tiew Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Neo Tiew is usually high.

Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

Successful Policies & Procedures Writing Projects - Proven Strategies

Introduction -

The lack of a healthcare specific, compliant, cost-effective approach to Enterprise Information Management (aka EIM) is the #1 reason integration, data quality, reporting and performance management initiatives fail in healthcare organizations. How can you build a house without plumbing? Conversely, the organizations that successfully deploy the same initiatives point to full Healthcare centric EIM as the Top reason they were successful (February, 2009 - AHA). The cost of EIM can be staggering - preventing many healthcare organizations from leveraging enterprise information when strategically planning for the entire system. If this is prohibitive for large and medium organizations, how are smaller organizations going to be able to leverage technology that can access vital information inside of their own company if cost prevents consideration?

The Basics -

What is Enterprise Information Management?

Enterprise Information Management means the organization has access to 100% of its data, the data can be exchanged between groups/applications/databases, information is verified and cleansed, and a master data management method is applied. Outliers to EIM are data warehouses, such as an EHR data warehouse, Business Intelligence and Performance Management. Here is a roadmap, in layman terminology, that healthcare organizations follow to determine their EIM requirements.

Fact #1: Every healthcare entity, agency, campus or non-profit knows what software it utilizes for its business operations. The applications may be in silos, not accessible by other groups or departments, sometimes within the team that is responsible for it. If information were needed from groups across the enterprise, it has to be requested, in business terminology, of the host group, who would then go to the source of information (the aforementioned software and/or database), retrieve what is needed and submit it to the requestor - hopefully, in a format the requestor can work with (i.e., excel for further analysis as opposed to a document or PDF).

Fact #2: Because business terminology can be different WITHIN an organization, there will be further "translating" required when incorporating information that is gathered from the different software packages. This can be a nightmare. The gathering of information, converting it into a different format, translating it into common business terminology and then preparing it for consumption is a lengthy, expensive process - which takes us to Fact #3.

Fact #3: Consumers of the gathered information (management, analysts, etc) have to change the type of information required - one-off report requests that are continuously revised so they can change their dimensional view (like rotating the rows of a Rubik's cube to only get one color grouped, then deciding instead of lining up red, they would really like green to be grouped first). In many cases, this will start the gathering process all over again because the original set of information is missing needed data. It also requires the attention of those that understand this information - typically a highly valued Subject Matter Expert from each silo - time-consuming and costly distractions that impact the requestor as well as the information owner's group.

Fact#4: While large organizations can cope with this costly method in order to gather enough information to make effective and strategic business decisions, the amount of time and money is a barrier for smaller or cash strapped institutions, freezing needed data in its silo.

Fact #5: If information were accessible (with security and access controls, preventing unauthorized and inappropriate access), time frames for analysis improve, results are timely, strategic planning is effective and costs in time and money are significantly reduced.

Integration (with cleansing the data, aka Data Quality) should not be a foreign concept to the mid and smaller organizations. Price has been the overriding factor that prevents these tiers from leveraging enterprise information. A "glass ceiling", solely based on being limited from technology because of price tag, bars the consideration of EIM. This is the fault of technology vendors. Business Intelligence, Performance Management and Data Integration providers have unknowingly created class warfare between the Large and SMB healthcare organizations. Data Integration is the biggest culprit in this situation. The cost of integration in the typical BI deployment is usually four times the cost of the BI portion. It is easy for the BI providers to tantalize their prospects with functionality and reasonable cost. But, when integration comes into play, reluctance on price introduces itself into the scenario. No action has become the norm at this point.

What are the Financial Implications for a Healthcare Organization by maintaining the status quo?

Fraud detection is the focal point for CMS in their EHR requirements of healthcare organizations, Let's take a deeper, more meaningful look at the impact of EHR. Integration, a prominent component of Enterprise Information Management in the New Approach, brings data from all silos of the organization, allowing a Data Quality component to verify and cleanse it. The next step would be to either send it back to its originating source in an accurate state and/or put it into a repository where it will be accessible to auditing (think CMS Sanctions Auditors), Business Intelligence solutions, and Electronic Health Records applications. With instantly accessible EHRs, hospitals and their outlying practices can verify patients with payors, retrieve medical histories for diagnosis and treatment decisions, and update/add patient related information. What impact to treatment does a review of a new patient's history have for both patient and practice? Here are some elements to consider:

1. Diagnosis and treatments that are based on previous patient dispositions - reducing recovery time, eliminating Medicare/Medicaid/Payor denials (based on their interpretation as to fault of the practitioner in original treatment or error incurring additional treatment).

2. Instant fraud detection of patients seeking treatment for the same malady across the practices within the organization. Prescription abuse and Medicare fraud saves money not only for the payors, but the healthcare organization as well.

3. The Association of Fraud Examiners states that 9% of a Hospital's revenue each year is actually lost to fraud.

One overlooked but common impact is in the cost of managing patient records. Thousands of file folders in storage with new instances being added each time a new patient enters into the system. Millions of pieces of paper capturing patient information, payer data, charts, billing statements, and various items such as photo copies of patient IDs, are all stored in those folders. The folders are then stored in vast filing cabinets - constantly being accessed by filing clerks, nurses, practitioners and assorted staff. Contents of the files being misplaced or filed incorrectly. Hundreds, if not thousands, of square feet being consumed for storage. The AHA projects that an enterprise leveraging Electronic Health Records will recover no less than 15,000 square feet of usable space. That space can be used for additional services, opening up new channels of revenue. The justification is easy: how much would it cost the hospital to build out 15,000 square feet for a new service? The average cost to build space utilized for Health Services is $65 per square foot, or $975,000 total. An EIM solution through the New Approach would be less than 20% of that. Not only has the EIM solution reduced dollars lost to fraud, lowered the days for payor encounters to be paid, increased cash on hand, but it will also open up new services for the patient community and revenue back to the healthcare organization.

Electronic data is costly in its own way. Bad aka "Dirty" data has enormous impact. Data can be corrupted by error in data entry, systems maintenance, database platform changes or upgrades, feeds or exchanges of data in an incompatible format, changes in front end applications and fraud, such as identity theft. The impact of bad data has a cause and effect relationship that is pervasive in the financial landscape:

1. Bad data can result in payor denials. Mismatched member identification, missing DRG codes, empty fields where data is expected are examples of immediate denials of claims. The delay lowers the amount of Cash on Hand as well as extends the cycle of submitted claim to remittance by at least 30 days.

2. Bad data masks fraud. A reversal of digits in a social security number, a claim filed as one person for the treatment of another family member, medical histories that do not reflect all diagnosis and treatments because the patient could not be identified. Fraud has the greatest impact on cost of delivering healthcare in the United States. Ultimately, the health system has to absorb this cost - reducing profitability and limiting growth.

3. Bad data results in non-compliance. CMS has already begun the architecture and deployment of Sanctions Data Exchanges. These exchanges are a network of data repositories that are used to connect to health healthcare system, retrieve CMS related data, and store it for auditing. The retrieval will only be limited to the patient encounters that show a potential for denial or fraud, so the repository will not be a store of all Medicare and Medicaid patient encounters. But, the exchange has to be able to read the data in its provider data source in order for CMS to apply certain conditions against the information it is reading. What happens when the information is incomplete or wrong? The healthcare system is held accountable for the encounters it cannot read. That means automatic and unrecoverable denials of claims PRIOR to an audit, regardless of claim legitimacy.

The Price Fix by Big Box Healthcare Technology Firms

Are the major healthcare software and technology vendors (Big Box) price gouging? Probably not. They are a victim of their own solution strategies. Through acquired and some organic growth (McKesson, Eclipsys, Cerner, etc), they find their EIM solutions lose their agnostic approach. This is bad...very bad for health systems of all sizes. With very few exceptions, the vast majority of healthcare organizations DO NOT BUY all applications and modules from a single stack player. How could they? Healthcare systems grow similarly - some organic, some through acquisition. When a hospital organization finds over the course of time, an application that is reliable, such as a billing system, there is tremendous reluctance to remove a proven solution that everyone knows how to use. Because the major technology providers in the healthcare space act as a "One Stop Shop", they spend most of their time working on integrating in their own product suite with little to no regard to other applications. Subsequently, they find themselves trapped: they have to position all products/modules to maintain the accessibility and integrity of their data. This is problematic for the hospital that is trying to solve one problem but then must purchase additional solutions to apply to areas that are not broken, just to be able to integrate information. That is like going to the hardware store for a screwdriver and coming back with a 112 piece tool set with a rolling, 4 foot cart built for NASCAR. You will probably never use 90+% of those tools and will no longer be able to park in your own garage because the new tool box takes up too much space!

IT resources - including people - must be utilized. In today's economy, leveraging internal IT staff to administer a solution post-deployment is a given. If those IT resources do not feel comfortable in supporting the integration plan, then status quo will be justified. This is the "anti" approach to providing solutions in the healthcare industry: the sales leaders from Big Box technology firms want their sales people in front of the business side of the organization and to stop selling to IT. While this is a common sense approach, the economy in 2010 mandates that IT has to at least validate their ability to administer new technology solutions. The prospect of long-term professional consulting engagements to follow post installation has been shrinking at the same rate as healthcare organizations profit margins.

Empowering the healthcare organization to utilize its existing IT staff to administer and develop with the new products is not part of the business plan when Big Box players market to the industry. It is the exact opposite - recurring revenue from lengthy, and sometimes permanent, professional services consulting engagements is part of the overall target. The initial price quote for a Big Box solution is scary enough, but the fact remains that it is still not representative of what the ongoing cost to maintain through consulting arrangements. This is a variable cost, which is difficult to predict, and drives finance managers and executives crazy.

Solving the Dilemma - A Better Solution through a New Approach at a Fraction of the Cost

When Healthcare Business Experts combine talents with Technology Architects, EIM Solutions cost drop dramatically. This is the New Approach to Healthcare EIM, providing the way health organizations will be able to provide successful solutions at significantly reduced costs - opening the door for health systems of all sizes.

The EIM Firm (using the New Approach) versus Big Box Healthcare Technology Providers:

Smaller, more agile firms bring many benefits to Healthcare Organizations of any size. The benefits:

1. They are focused on specific verticals - just like the Big Box Health Technology providers. Subject Matter Experts (SME) in the smaller firms typically are industry veterans with years of experience and success in their approach who see their resume as a service offering better utilized when they are able to apply their methods for successful strategy planning as opposed to learning the methods of a Big Box player. Their income is better since their revenue is applied into a smaller operating cost, extending lower pricing for solutions that are MORE EFFECTIVE and offering stronger client/vendor relationships as the SME limits themselves to a certain number of clients.

2. Solutions built on proven approaches and strategies. Again, the firm's SMEs are able to define a methodology that can be re-used or re-configured in each client instance. This saves time and money for the client as delivery is accelerated and the cost of architecting is eliminated.

3. The firms themselves develop solutions and methodologies agnostically. Their understanding of the diversity of systems that exist in the technology of a healthcare organization allows them to not only develop adaptable solutions but also add a Business Process Management Plan (BPM). The BPM will define for the organization EXACTLY how information is received, processed, cleansed, stored, shared and accessed. It also will define an action plan for training IT for administration and support as well as end users at all levels on how they will leverage it going forward. BPM planning in a healthcare organization is a low six figure investment with an outside consulting group. The EIM firms will include it in the cost of the solution. Basically, it is the difference in being told what is wrong and here are the recommendations to fix it versus here is what is wrong and this is how it will be fixed with the new solution.

What is a typical EIM Firm solution?

1. Solution Assessment, noting the current systems, data sources and methods of sharing information as well as business processes, key personnel identification that are gate keepers if information, timeliness of providing information and overall effectiveness in leveraging enterprise information for strategic business planning. See figures 1 for an example of the information process flow visual component of an actual assessment.

2. EIM solution that contains an integration engine that accesses all data sources - reading and writing back to the database or application, providing data quality services and maintaining HIPAA as well as HL7 requirements. See Figure 2 for a diagram.

3. EHR Data Warehouse. A repository to build Electronic Health Records through the integrated data flow.

4. EHR Portal for patient entry (when additional information needs to be added) via a browser.

5. Business Intelligence Dashboards for metrics, AD Hoc analysis and Performance Management Scorecards on organizational goals and objectives.

6. Onsite implementation and integration of the EIM solution.

7. Onsite training during installation for IT and end users. Ongoing training provided via webinars, documentation and technical support staff.

8. Relationships maintained by the Subject Matter Experts for the life of the solution.

9. Stimulus "HITECH" Act pays $44,000 per physician for an EHR solution implemented. The SME creates the grant request to be submitted so the healthcare organization receives Stimulus funds to pay for the total EIM solution

Key Element of the Solution

Onsite Delivery and full time support are key. But, the most important element is training. Why? As noted earlier, it is paramount that existing IT investments, namely personnel, be able to not only administer but also conduct development as the need arises. In Healthcare, CMS managed Medicare/Medicaid is already margins that are in the negative. As private payers follow suit, the number of uncollectable encounters will increase, impacting current profitability models and increasing future cost for treatment. By mitigating IT costs, the Total Cost of Ownership (TCO) qualifier should actually evolve to a Return on Investment (ROI). ROI is immediate for this solution approach, but it is sustained year over year by leveraging internal IT to support and develop. Now, the Healthcare Organization has eliminated costly professional service consulting engagements and re-investments into new feature licensing. This takes a variable cost every year and makes it a fixed, yet smaller amount - a sensible financial approach to accomplish a proven strategy.

Summary -

Why EIM? Whether it is Omnibus, "Obama"-care or an edit (not overhaul) of the Healthcare industry, Healthcare Organizations know these truths:

1. Electronic Health Records are necessary for the Fraud detection unit of CMS. Each organization must comply with accessibility, HIPAA and format. Fraud reduces overall revenues for a hospital by 9% (ACFE)

2. EHR/EHR have proven to be highly effective in eliminating internal waste, patient fraud, practice fraud and paper overhead. Vast amount of space within the facilities that had been used to store patient records in hard copy can now be utilized to provide additional services and open new revenue streams.

3. Bad or "dirty" data in electronic or hard copy format is costly. According to the AHA (September, 2008), the average cost of a patient record with good or accurate information is $343 annually. The annual cost of a patient record with bad information is $2,054 annually. On average, 18% of patient information within a healthcare organization is bad.

4. Strategies developed by healthcare organizations without 100% of the information they own that is also timely and relevant are ineffective. Objectives cannot be defined, successful processes cannot be identified and improvement plans have little to no metrics in which to determine success.

5. Stimulus/HITECH Act pays $44,000 per physician when EHR is part of the EIM solution. With the smaller EIM firms, Stimulus pays for the entire solution.

Why a New Approach EIM Firm?

1. Subject Matter Expertise from consultants that have proven methodologies.

2. Agility to adapt to the client need instead of the Big Box approach of the client adapting to their product limitations.

3. A Better Solution at a Fraction of the Cost. Their solutions are based on needs and not features.

4. Relationships with the vendor, resulting in improved services, maximum values from vendor solutions and a focused approach to the client needs and goals.

5. A Return on Investment as opposed to a Total Cost of Ownership. Clients need to see solutions that immediately pay for itself and then recover lost revenue while offering channels to new profit centers.

To support Singaporeans based in Neo Tiew in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

Mid Career Employee Training

A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

Social Media Marketing Skills Training

Importance of Employee Training and Development Programs

Putting together a procedures manual seems like it should be fairly straightforward, doesn't it? Frequently, however, procedures documentation projects stall or fail. In very simple situations, developing a procedures manual can be fairly straightforward, but many situations are not very simple.

Drawing upon our experiences as consultants specializing in the development of procedures manuals, this article outlines key strategies critical to the success of any procedures documentation project. How do we define success? A successful project is conducted efficiently and produces a valuable resource for the organization.

Understanding these key considerations will go a long way to ensuring that your procedures manual project is successful!

Strategy #1: Ensure Your Project Has an Owner (Excluding Yourself!)

Projects which lack an enthusiastic management sponsor or owner will not be successful. A procedures manual project needs a champion who can ensure that the project has the resources and commitment it needs. Discovering that support is inadequate midway through the project should be avoided. The project sponsor is also involved in signing off on key aspects of the project - so there should not be any surprises at the end of the project.

Strategy #2: Select a Methodology Before Project Kick-Off

Anyone who has not developed a procedures manual previously needs a methodology. The methodology governs the approach - what needs to be done, how, and the order in which stages are completed. Most of the data for the procedures will probably be collected either via research and/or directly from subject matter experts (SMEs). Unless the manual is being written by the SME, you'll need a robust data collection process.

What are the best ways to acquire a methodology and data collection process? Depending on your capabilities and experience, developing your own methodology and process may be an option. If not:

  • Check with people in your organization who have successfully developed procedures documentation previously.

  • Research books and/or courses on the subject.

  • Engage a consultant as a guide. Consultants with demonstrated subject matter expertise and experience can provide guidance and project management resources, or deliver the entire procedures manual project.

Strategy #3: Clearly Define the Scope of the Project

Before you start a procedures manual project, you need to define the scope of the project - that is, what will be documented. The scope includes not only the process(es) and department(s) which will be covered, but also the level of detail required and whether policies, exhibits and related references will be incorporated.

What are the best ways to ensure the scope is defined at the beginning of the project?

  • Understand and document the purpose and audience for the procedures documentation, and get sign-off by the project sponsor.

  • Upon sign-off, mock up what the final procedures manual will look like, including sample procedures, and decide how exhibits and related policies, processes and information will be referenced.

  • Review the mock-up with the project sponsor and key impacted stakeholders, and obtain their sign-offs.

Involving the project sponsor and key stakeholders in defining the approach at the start of the project helps to avoid problems later on - ensuring your project is efficient!

Strategy #4: Develop an Organizer and Template Prior to Data Collection

The organizer for the procedures manual is essentially its Table of Contents. The template for the manual determines the look and usability of the final document. While it may seem counter-intuitive, it's best to develop a good draft of the Table of Contents along with the template at the start of the procedures manual project. As you collect data, you populate the template with the data. This approach greatly speeds up the development process and the populated template becomes a tool for easily tracking missing data!

Strategy #5: Ensure Change Management Resources Are Available Post-Project

The value of the procedures manual as a resource for the organization will be short-lived and limited if the manual is not maintained. Effective change management of the manual requires dedicated resources and should be addressed at the beginning of the project to ensure that resources will be available. Effective change management includes assigning a procedures manual "owner" and establishing a process for ensuring updates are timely and are communicated to stakeholders. Today web-based systems are available which greatly facilitate the distribution of manuals to stakeholders and the management of changes.

Conclusion

Now that you have read through the strategies, it's probably clear that there's a common theme - the importance of planning your procedures manual project before you start writing the manual.

Who Should Attend ?

Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

How You Will Benefit ?

You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Neo Tiew Singapore.

In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

Sembawang Skill Up Funding

Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Sembawang Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Sembawang is usually high.

Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

Peer Review - Technical Writing

When people need money they don't realize that possibly there is free money is available in the form of US government grants. Yes, government grant money is free.

Unlike loans, you don't have to pay it back. You don't have to have good credit to receive grant money. You can apply even if you had bankruptcy.

Government grants can be used for many different purposes. There are Personal Grants. You can use these grant money for home purchase, home repair, to pay utility bills, grocery&clothing, for housing assistance and more.

Business grants can be used to start up a business, to expand a business, for equipment financing, employee training, legal expenses and more.

Education Grants can be used for secondary school, for college education, for business management, for computer science and more.

Health care grants can be used for prescription medicine, nursing homes, Alzheimer's disease, alcohol and drug abuse, dental care, eyeglasses and more.

You can find free government grants online. You can also find online how to apply for these grants. You can apply for more than one grant in the same time. Some of the websites charge only one time membership fee with unlimited access. It means that once you sign up you can go back and find grants as often as you want to.

A good website also checks your eligibility before you would sign up and answers all you questions you may have.

Check online what kind of free government grants are available for you. Find grants and learn how to apply. Take advantage of the free money you deserve as a US citizen.

To support Singaporeans based in Sembawang in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

Eperformax Training Allowance

A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

Mid Career Training Programme For Officers

Raising Capital For Small Or Large Business

Raising capital is a critical skill and requirement for investment principals. The organization and management of this process is challenging. The experience, credibility, and skill needed requires years of practice, exposure, and serious focus. Most never really feel fully comfortable performing the effort. Developing a solid concept and format eases the process dramatically.

Tip #1: A standard presentation organization helps get the process off to a good start. I typically include an opening chart that gives a "teaser" description of the investment. Next, a very brief chart about the principals allows for introductions at the presentation. A good investment requires a positive economic environment. Because of this, I always lay out the situation framing the investment. Next, cover the basic terms of the investment. Describe what the investor will be investing, key terms effecting capital, and what the investment purchases. Explain management, operations, and funding for these items. The closing section includes sources and uses, financial terms, return expectations, and the exit.

Tip #2: Don't write a presentation and simply show up for the meeting. Preparation is key. Realize and ensure that the presentation is not the in depth description. The in depth description should reserved for the business plan and subscription agreement. That said the presentation if the investor engages will be practically as in depth as the business plan in that you should seek to fully engage the investor, provide and explain the details and intricacies of the investment. This means preparation includes preparing to drive home the key points and ensure critical questions are answered.

Tip #3: Complete a Q&A preparation. Spend time developing the questions and issues investors will raise. Prepare clear, cogent, effective answers addressing each question and each issue. If necessary, bring background material to address the issues.

Tip #4: Seek commitment at the meeting. Don't go to the trouble delivering a well prepared complete presentation and fail to ask for the sale.

Tip #5: Have a clear plan to follow up and complete the closing process. Investors are busy people. Executing a clear effective plan communicating with them and setting the clear expectation in their mind of what that plan will be says a great deal about your organization and respects the limited time that they have available.

Principals should never give a presentation without adequate preparation. Having a plan for the presentation will organize your thought process, make your points more compelling, and significantly increase your opportunity for success.

Who Should Attend ?

Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

How You Will Benefit ?

You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Sembawang Singapore.

In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

Senoko Business Grants

Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Senoko Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Senoko is usually high.

Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

The Role of Skill Development and Higher Education in Economic Growth

Sources of business finance can be studied under the following heads:

(1) Short Term Finance:

Short-term finance is needed to fulfill the current needs of business. The current needs may include payment of taxes, salaries or wages, repair expenses, payment to creditor etc. The need for short term finance arises because sales revenues and purchase payments are not perfectly same at all the time. Sometimes sales can be low as compared to purchases. Further sales may be on credit while purchases are on cash. So short term finance is needed to match these disequilibrium.

Sources of short term finance are as follows:

(i) Bank Overdraft: Bank overdraft is very widely used source of business finance. Under this client can draw certain sum of money over and above his original account balance. Thus it is easier for the businessman to meet short term unexpected expenses.

(ii) Bill Discounting: Bills of exchange can be discounted at the banks. This provides cash to the holder of the bill which can be used to finance immediate needs.

(iii) Advances from Customers: Advances are primarily demanded and received for the confirmation of orders However, these are also used as source of financing the operations necessary to execute the job order.

(iv) Installment Purchases: Purchasing on installment gives more time to make payments. The deferred payments are used as a source of financing small expenses which are to be paid immediately.

(v) Bill of Lading: Bill of lading and other export and import documents are used as a guarantee to take loan from banks and that loan amount can be used as finance for a short time period.

(vi) Financial Institutions: Different financial institutions also help businessmen to get out of financial difficulties by providing short-term loans. Certain co-operative societies can arrange short term financial assistance for businessmen.

(vii) Trade Credit: It is the usual practice of the businessmen to buy raw material, store and spares on credit. Such transactions result in increasing accounts payable of the business which are to be paid after a certain time period. Goods are sold on cash and payment is made after 30, 60, or 90 days. This allows some freedom to businessmen in meeting financial difficulties.

(2) Medium Term Finance:

This finance is required to meet the medium term (1-5 years) requirements of the business. Such finances are basically required for the balancing, modernization and replacement of machinery and plant. These are also needed for re-engineering of the organization. They aid the management in completing medium term capital projects within planned time. Following are the sources of medium term finance:

(i) Commercial Banks: Commercial banks are the major source of medium term finance. They provide loans for different time-period against appropriate securities. At the termination of terms the loan can be re-negotiated, if required.

(ii) Hire Purchase: Hire purchase means buying on installments. It allows the business house to have the required goods with payments to be made in future in agreed installment. Needless to say that some interest is always charged on outstanding amount.

(iii) Financial Institutions: Several financial institutions such as SME Bank, Industrial Development Bank, etc., also provide medium and long-term finances. Besides providing finance they also provide technical and managerial assistance on different matters.

(iv) Debentures and TFCs: Debentures and TFCs (Terms Finance Certificates) are also used as a source of medium term finances. Debentures is an acknowledgement of loan from the company. It can be of any duration as agreed among the parties. The debenture holder enjoys return at a fixed rate of interest. Under Islamic mode of financing debentures has been replaced by TFCs.

(v) Insurance Companies: Insurance companies have a large pool of funds contributed by their policy holders. Insurance companies grant loans and make investments out of this pool. Such loans are the source of medium term financing for various businesses.

(3) Long Term Finance:

Long term finances are those that are required on permanent basis or for more than five years tenure. They are basically desired to meet structural changes in business or for heavy modernization expenses. These are also needed to initiate a new business plan or for a long term developmental projects. Following are its sources:

(i) Equity Shares: This method is most widely used all over the world to raise long term finance. Equity shares are subscribed by public to generate the capital base of a large scale business. The equity share holders shares the profit and loss of the business. This method is safe and secured, in a sense that amount once received is only paid back at the time of wounding up of the company.

(ii) Retained Earnings: Retained earnings are the reserves which are generated from the excess profits. In times of need they can be used to finance the business project. This is also called ploughing back of profits.

(iii) Leasing: Leasing is also a source of long term finance. With the help of leasing, new equipment can be acquired without any heavy outflow of cash.

(iv) Financial Institutions: Different financial institutions such as former PICIC also provide long term loans to business houses.

(v) Debentures: Debentures and Participation Term Certificates are also used as a source of long term financing.

Conclusion:

These are various sources of finance. In fact there is no hard and fast rule to differentiate among short and medium term sources or medium and long term sources. A source for example commercial bank can provide both a short term or a long term loan according to the needs of client. However, all these sources are frequently used in the modern business world for raising finances.

To support Singaporeans based in Senoko in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

New Path For Midcareer Professionals To Join The Accounting Industry

A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

Training Assistance Allowance

Five Benefits of Leadership Development For Your Organization

Whether you're looking for a job in the grant field or wanting to hire a professional grant writer, knowledge of kinds of job titles and agencies that usually get grants, as well as skills you need is helpful. In this article, you will find common job titles and agencies who hire grant writers, as well as 5 top skills needed by grant professionals.

Grant Job Titles

If you're a grant professional, you may hold a job that includes one of these titles...

Administrators
Analysts
Consultants
Coordinators
Developers
Directors
Freelance Grant Writers
Management Specialists
Managers
Professionals
Program Coordinators
Specialists
Writers
Writing Specialists

Employers Who Hire Professional Grant Writers

Most U.S. grants are given to 1 of the more than 1.6 million tax-exempt agencies, sometimes called 'non-profits'. Few people understand the wide range of tax-exempt organizations even in their own communities.

Below are types of non-profit agencies who might need your help as a professional grant writer in your state. Employers may address one or more of these issues or groups:

Addictive disorders--eating, addictive disorders--gambling, addictive disorders--smoking, amateur competitions, amateur sports, animal protection, aquariums, arts councils, arts education, arts, blood & organ banks, botanical/horticultural, boys/girls clubs, camps, churches, city government, civil liberties groups, colleges, community facilities, conservation, consumer protection, counseling, county government, crisis lines, disease-related, economic development, educational services, elementary schools, environmental education, faith-based organizations, federal government agencies, fitness, foundations, government-related, high schools, historical societies, hospitals, clinics, hot lines, housing search, independent living centers, libraries, low-income programs, mental health centers, middle schools, military, minority rights, museums, natural resources, neighborhood associations, performing arts, pollution abatement, professional associations, Scouts, senior centers, service clubs, spouse/child abuse, state government, substance abuse prevention & treatment, temporary housing, United Ways, universities, vet services, veterans, volunteerism promotion, vocational-technical schools, wildlife preservation, women's rights, YMCA's, youth service organizations and zoos.

5 Top Grant Writing Skills

Although titles for grant jobs vary, there are 5 basic "grant" skills most grant writers and professionals should possess, according to the Grant Professionals Certification Institute:

  1. Seeking
  2. Project Designing
  3. Writing
  4. Managing
  5. Enhancing Professionalism

Seeking (Research/Leads)

  • Finding and matching grant funding to specific needs;
  • Understanding of organizational development as it relates to grant research; and
  • How to build and maintain relationships between funders, researchers and recipient agencies.

Project Designing

  • Understanding how to create and develop effective programs and projects;
  • Writing successful grant applications;
  • Writing a convincing case for being funded;

Management

  • Understanding how to create and develop management systems once grants have been received.

Enhancing Professionalism

  • Understanding ethical practice standards; and
  • Understanding how to bolster the level of professionalism in the grant field.
Who Should Attend ?

Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

How You Will Benefit ?

You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Senoko Singapore.

In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

Simpang Skill Up Funding

Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Simpang Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Simpang is usually high.

Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

Importance of Grants - What's the Real Deal?

In 2007, 707,948 trademarks were filed in China, which ranks China's Trademark Office (CTMO) among the busiest in the world. During the same period, 17,747 oppositions were filed. Evidently, with the large number of filings, it is increasingly important that foreign trademark holders both file their marks in China, along with constantly monitor other filings so as to protect their brands in the market. In this article, we set out the procedure and requirements to file an opposition in China.

1. Important Timelines and Procedures

Article 30 of the Trademark Law states:

Any person may, within three months from the date of the publication, file an opposition against the trademark that has, after examination, been preliminarily approved. If no opposition has been filed after the expiration of the time limit from the publication, the registration shall be approved, a certificate of trademark registration shall be issued and the trademark shall be published.

Like virtually all trademark systems, China's CTMO publishes a Trademark Gazette with all preliminarily approved marks.

A trademark holder will then have three months to file an Application for Trademark Opposition with CTMO, including evidence substantiating its request. From there, CTMO will then send a copy of the Application to the applicant, who will have 30 days to respond. Both parties will then have three months from the date of submission of the Application to provide supplementary evidence.

Generally, CTMO will issue its decision through a notice within two to three years of the Application. Thereafter, either party may institute review proceedings with the Trademark Review and Adjudication Board (TRAB) within fifteen days. Subsequently, if a party is still dissatisfied with TRAB's decision, it can then file a suit against TRAB in the People's Court within thirty days of the review decision.

2. Legal Basis

There are numerous grounds for cancellation of marks:

1) Lack of distinctiveness (Art. 9, Trademark Law);

2) Identical or similar to name, national flag, national emblem, or other decorations of the People's Republic of China (Art. 10, Trademark Law);

3) Identical or similar to name, national flag, national emblem, or other decorations of foreign countries (Art. 10, Trademark Law);

4) Identical or similar to name, flag, emblem, or other decorations of international organizations (Art. 10, Trademark Law);

5) Identical or similar to official signs, demonstrating official control or warranty (Art. 10, Trademark Law);

6) Identical or similar to the symbols or names of the Red Cross or Red Crescent (Art. 10, Trademark Law);

7) Discriminatory against nationality (Art. 10, Trademark Law);

8) Exaggeration or fraud (Art. 10, Trademark Law);

9) Detrimental to socialist morals or customs, or having other unhealthy influences (Art. 10, Trademark Law);

10) Directly referencing quality, main raw materials, function, use, weight, quantity, or other features of the goods (Art. 11, Trademark Law);

11) 3-D marks whose shape is derived from the goods itself, required for technical effect or obtaining substantive value (Art. 12, Trademark Law);

12) Geographic indications for goods which are not, in fat, from the region indicated (Art. 16, Trademark Law);

13) An agent or representative registers, in its own name, the trademark for whom he acts as agent or representative, without authorization (Art. 15, Trademark Law);

14) The mark, registered in the same or similar class of goods, is a reproduction, imitation, or translation of another person's trademark not registered in China and is likely to cause confusion (Art. 13, Trademark Law); and

15) The mark, registered in non-identical or dissimilar class of goods, is a reproduction, imitation, or translation of another person's well-known trademark registered in China, misleads the public and is likely to harm the interests of the holder (Art. 13, Trademark Law).

3. Conclusion

Again, any interested party will have three months from the date of publication to file an Application for Opposition. Should the deadline pass, the trademark will be granted, and the only available remedy would then be an application for cancellation of the mark. Though the grounds are the same, procedures are somewhat protracted and, obviously, the holder will now enjoy the rights of the granted mark during the period of grant and cancellation. As a result, it is extremely important to constantly monitor and quickly react in order to protect trademark rights in China.

To support Singaporeans based in Simpang in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

Training Allowance Exempt From Income Tax

A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

Teacher Training Allowance Latest News

Why Employers Like Online Education Programs?

Firstly, the candidates on his career point should undergo a program called "National Employability Enhancement Mission". The NEEM trainees should know how to work in an industry. For fulfilling the requirements of company every student should gain training in their respective field.

Students are asked to give presentation of their project very often to enhance their communication and presentation skills. They prepare notes, search information, analyze it and present it in effective manner using audio visual aids.

Students have undergone live projects to do their best. They have to prove himself to be experts his working skills. After undergoing these trainings the students would be able to confidently handling the advanced stages of services and equipment handling. They become industry ready as they will have the working exposure to latest industry equipments. They can understand comprehensive integration.

The training comprises of reading, writing, listening & speaking skills. An integral part of all program is the specialized training by industry experts. Students have been given a project related to preparing a live business venture. By working on such a live project student will be confident for further use in an industry.

The students become industry ready after undergoing National Employability Enhancement Mission NEEM Training. In aptitude building training, they focus on analytical, logical and reasoning skills along with group discussion and personnel interview. Students are imparted with sufficient knowledge for their professional life by educating them with the right means of communication, which is both verbal and non verbal. Workshops are conducted to prepare students with the conscious and unconscious movements.

The first step to making an impression is a good resume. First impression is very important in a job interview, the first judgement is on the basis of appearance. Students are trained to get through the aptitude test. Special tips to score well in quantitative section are given along with.

Group Discussions are carried out to assess and shape student's personality. Equipping student with basic knowledge and fundamentals to be kept in mind while appearing for an interview. They also conduct Mock Tests. Mock interview rounds which lays emphasis on body posture and other technical aspects.

This training helps student to set their goals. Goal setting is a process where the institute helps the students to identify and formulate their short term and long term goals. Each NEEM trainee shall be provided comprehensive training in the trade by deployment. This scheme may be complemented by access to the cloud, satellite or such other facilities.

If executed properly apprenticeship can help provide suitable jobs to a very large number of youths. There are various skill development program for various trades. Some of these are Machining, Electronics, Civil constructions Meteorology, Textiles & Garments Leather & Leather Goods Gems & Jewellery, Real Estate, Tourism, Pharmaceuticals etc. The students choose their field to be an expert. The youth will be trained by a blend of technical modules and self-developmental courses. They will be mentored and guided by industry leaders.

Student's Progress is consistently monitored and constructive feedback is provided from time to time. Apprentices get an opportunity to undergo 'on the job' training and are exposed to real working conditions, situations, and challenges.

Who Should Attend ?

Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

How You Will Benefit ?

You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Simpang Singapore.

In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

Sungei Gedong Claim Training Allowance

Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Sungei Gedong Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Sungei Gedong is usually high.

Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

The New Approach to Healthcare Enterprise Information Management - EHR, EMR, EIM

Companies of all sizes can benefit from a variety of local, state and federal funding assistance programs to improve their quality management systems and upgrade employee skills. This broad definition covers ISO, Six Sigma, Lean, change management, leadership and basic skills training. Some of these programs offer matching funds while others provide tax credits. A few even bestow outright grants. However, gaining access to - and understanding - these funding programs can be a daunting task. That is why it pays to select a management consulting firm that knows how to navigate these often bewildering waters.

A Multitude of Funding Programs are Available to U.S. Companies

Funding assistance programs are designed to cover everything from maintaining high employment in local areas, to helping American companies combat foreign competition. Some state programs are even designed to counter out-of-state challenges by domestic competitors. Most programs offer financial assistance to upgrade employee skills and operating efficiency through training.

Typical Qualifying Criteria for Funding Assistance

Although most funding assistance programs are aimed at domestic manufacturers, financial help is also available for other industries that are facing foreign competition.

It is recognized that ISO, Six Sigma, Lean Manufacturing, change management and leadership training are key elements in continuous improvement, and streamlining key business processes. Since these disciplines yield results that strengthen domestic businesses, they are favored by many funding assistance programs.

Situations that typically qualify for some form of funding assistance include:

  • When a business is being adversely affected by foreign or out-of-state competitors.

  • If a company experiences falling sales due to the onslaught of foreign competition.

  • If upgrading employee skills would demonstrably improve company performance or increase employee retention.

  • When ISO registration is required by customers or international markets

  • When employee training provides enhanced skill sets that are transferable, or lead to an industry-recognized credential or certification.

  • Creation of jobs, or preventing loss of jobs, due to a possible facility closing or changing technology.

  • Creation of jobs as a result of a company relocating, or expanding into a state, or starting a business in a state

  • If a company provides critical services or goods to the Department of Defense.
  • An extensive array of funding programs is available to most types of businesses and manufacturers in particular. Taking advantage of these can significantly reduce--or even cover the complete cost for a company--to provide quality management systems training for its employees.

    Examples of Nationwide Programs

    Manufacturing Extension Partnership (MEP)

    MEP is a nationwide network of not-for-profit centers in nearly 350 locations nationwide. Their sole purpose is to provide small and medium sized manufacturers with the services they need to succeed. The centers, serving all 50 States and Puerto Rico, are linked together through the Department of Commerce's National Institute of Standards and Technology. Centers are funded by federal, state, local and private resources to serve manufacturers.

    Trade Adjustment Assistance (TAA)

    Established by Congress in 1974, TAA is managed by business professionals who understand manufacturing. TAA focuses on providing financial assistance to import-impacted manufacturers. TAA offers 50/50 cost sharing of projects aimed at improving a manufacturer's competitive position. Specifically, these matching funds are applied toward the cost of consultants. Funds can be used for on- or off-site employee training. The eleven TAA centers throughout the country work with eligible firms in marketing, production, management and many other areas.

    Under certain circumstances, other federal agencies also provide funding for employee training and skills upgrading. The Environmental Protection Agency and Commerce Department are just two examples.

    Examples of State Programs

    Most states have funding programs for the purpose of improving competitiveness in a global economy and business retention. Here are a few examples:

    California Employment Training Panel (ETP)

    ETP is a California State agency that is designed to fund training which meets the needs of employers for skilled workers, and the need of workers for good, long-term jobs. The program supports the California economy, primarily by funding the retraining of incumbent, frontline workers in companies challenged by out-of-state competition.

    Illinois Employer Training Investment Program (ETIP)

    ETIP supports Illinois workers' efforts to upgrade their skills, in order to remain current in new technologies and business practices. This enables companies to remain competitive, expand into new markets and introduce more efficient technologies into their operations. ETIP grants may reimburse Illinois companies for up to 50 percent of the cost of training their employees.

    New York State Industrial Effectiveness Program (IEP)

    IEP is a grant available to small and medium-sized manufacturing firms and industry groups within New York state. This grant provides up to $50,000 for companies to obtain a wide variety of management consulting training support. Many organizations have accessed this funding for Lean Manufacturing and ISO quality systems training.

    New Jersey Customized Training Grant Program (CTGP)

    CTGP enhances the creation and retention of skilled jobs in New Jersey through comprehensive workforce training. The aim of the program is to upgrade skills, and enhance the knowledge and work-related abilities of New Jersey workers. It also focuses on improving the overall productivity, and economic well-being of employers. Today, over thirty-million dollars is available for Customized Training Grants.

    Local County and City Programs Abound Too!

    Many counties and cities offer incentives in the form of tax credits and other benefits to ensure that local companies remain financially healthy. Local governments support actions that create robust economies, and keep their tax base from moving elsewhere. Upgrading employee skills through ISO training, for example, enhances competitiveness and contributes to company growth--a saleable proposition to tap into many local funding programs.

    Acquiring Funding Assistance for ISO and Other Training Requires Expertise

    Each funding program has its own qualifying criteria and paperwork. The paperwork and processes involved are sometimes confusing and often intimidating. And packaging successful submissions often requires the assistance of an expert familiar with the targeted program.

    The typical steps in pursuing financial assistance are to:

  • Conduct a comprehensive training needs analysis. What problems or issues is the client experiencing?

  • Specify the proposed solution. Create a succinct definition of the proposed training curriculum or consulting assignment, and explain how this will close the identified performance gaps.

  • Identify an appropriate funding assistance program, and demonstrate how the proposed solution satisfies its criteria.

  • Complete and process the required paperwork in a timely fashion. Sometimes, it can take months and several iterations for a request to be approved.

  • Achieve notification of funding approval and the disbursement criteria.

  • Administer the approved funding according to the program's rules and procedures.
  • Actual levels of funding assistance depend on the program. For example, TAA will share up to fifty percent of the cost for services that improve a manufacturer's competitive position. TAA pays for half of the cost of these services, up to $150,000 in projects, with a maximum TAA share of $75,000. On the other hand, the California ETP program funds companies 100 percent of monies spent for qualified employee training. Also, New Jersey offers a $22,000 ISO grant (regardless of company size), and customized training grants of up to $1,000 per person trained.

    The main obstacle for companies seeking funding assistance is a lack of familiarity with funding programs and the qualifying criteria. Finding the right program--and then preparing a funding proposal in the proper format--takes expertise that is outside the mainstream of most companies. Administering approved funding and complying with program regulations are also proficiencies lacking in many businesses.

    It Pays to Align your Company with a Knowledgeable Consulting Firm

    A management consulting firm that is well-versed in obtaining assistance funding for ISO and other continuous improvement skill-based training can dramatically cut costs for their clients. There is no substitute when it comes to successful experience with these programs--the hand that guides must be steady and sure.

    Performing a comprehensive training needs analysis, finding the best funding program, navigating intricate paperwork and helping clients satisfy qualifying criteria requires seasoned expertise. Selecting a consulting firm that has a successful track record also gives clients confidence to proceed with training or other quality management projects, knowing that their funding proposal will likely be approved.

    Experienced management consulting firms keep abreast of changing regulations and trends. They know how to expedite proposals, and overcome bureaucracy to successfully secure funding. And they issue status reports along the way, so that their clients are fully informed. Moreover, knowledgeable management consulting firms are proactive in advising their clients of funding opportunities and how these can be leveraged.

    If a company is interested in getting financial help, it pays to partner with a consulting firm that has a successful track record in obtaining funding assistance. More established management consulting firms, like Change Management Consulting, have strategic relationships with dedicated resources that perform funding program management for their clients. This relieves them of the administrative burden. These assets closely monitor a client's compliance with the funding program's regulations. They efficiently manage data entry, tracking, reporting and invoicing. Knowing the ropes, they help clients maintain positive cash flows by expediting the release of program funds.

    To support Singaporeans based in Sungei Gedong in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

    Mid Career Employee Training

    A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

    Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

    How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

    Apply For Training Grant By Company

    Trademark Process in Asian Countries

    To succeed, entrepreneurs must have many skills that allow them to conceive, launch and grow new products, services and/or companies. This article describes some of the most critical skills that an entrepreneur must possess.

    Focus: Entrepreneurs must focus. They must focus on goals to ensure that they are reached, customers to ensure that they are satisfied, and employees to make sure they are motivated.

    Vision: Entrepreneurs must have a vision of where they want their company to be in the future. In addition, the entrepreneur must be able to communicate this vision in an exciting manner to employees and investors, so that they share the vision and are motivated to help achieve it.

    Leadership: Rarely can entrepreneurs make a company succeed by themselves. This is much like the fact that greatest athlete doesn't ensure that their team will win if the other players cannot perform. As such, entrepreneurs need to be able to identify staffing needs, expertly fill them, and lead the team to success.

    Persistence & Passion: An entrepreneur must be passionate about what they are trying to accomplish. Likewise, they must be willing to commit whatever is needed of them. They must persist through trying times, since there are always bad times, and fight as much as needed to achieve the goals they have set.

    Technical skills: While entrepreneurs may not need to have the greatest technical skill sets in their organizations, they need to be savvy enough to lead the technical team. They need to understand the technical team's language and have a general understanding of the challenges they face in order to effectively lead them.

    Flexibility: Successful entrepreneurs understand that the world and the environment in which they operate are constantly changing. While they must focus on the end-game, they must adapt their strategies and offerings to meet changing market conditions.

    There has often been debate regarding whether entrepreneurship can be taught. For instance, can you really teach persistence or passion? Even if you can't, by understanding the importance of skills such as these, entrepreneurs can focus on these skills and bring to the table what is needed to succeed in their entrepreneurial endeavors.

    Who Should Attend ?

    Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

    How You Will Benefit ?

    You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Sungei Gedong Singapore.

    In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

    Woodgrove Skill For Grant Writing

    Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Woodgrove Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

    In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Woodgrove is usually high.

    Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

    Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

    Top Grant Jobs and Employers

    Introduction -

    The lack of a healthcare specific, compliant, cost-effective approach to Enterprise Information Management (aka EIM) is the #1 reason integration, data quality, reporting and performance management initiatives fail in healthcare organizations. How can you build a house without plumbing? Conversely, the organizations that successfully deploy the same initiatives point to full Healthcare centric EIM as the Top reason they were successful (February, 2009 - AHA). The cost of EIM can be staggering - preventing many healthcare organizations from leveraging enterprise information when strategically planning for the entire system. If this is prohibitive for large and medium organizations, how are smaller organizations going to be able to leverage technology that can access vital information inside of their own company if cost prevents consideration?

    The Basics -

    What is Enterprise Information Management?

    Enterprise Information Management means the organization has access to 100% of its data, the data can be exchanged between groups/applications/databases, information is verified and cleansed, and a master data management method is applied. Outliers to EIM are data warehouses, such as an EHR data warehouse, Business Intelligence and Performance Management. Here is a roadmap, in layman terminology, that healthcare organizations follow to determine their EIM requirements.

    Fact #1: Every healthcare entity, agency, campus or non-profit knows what software it utilizes for its business operations. The applications may be in silos, not accessible by other groups or departments, sometimes within the team that is responsible for it. If information were needed from groups across the enterprise, it has to be requested, in business terminology, of the host group, who would then go to the source of information (the aforementioned software and/or database), retrieve what is needed and submit it to the requestor - hopefully, in a format the requestor can work with (i.e., excel for further analysis as opposed to a document or PDF).

    Fact #2: Because business terminology can be different WITHIN an organization, there will be further "translating" required when incorporating information that is gathered from the different software packages. This can be a nightmare. The gathering of information, converting it into a different format, translating it into common business terminology and then preparing it for consumption is a lengthy, expensive process - which takes us to Fact #3.

    Fact #3: Consumers of the gathered information (management, analysts, etc) have to change the type of information required - one-off report requests that are continuously revised so they can change their dimensional view (like rotating the rows of a Rubik's cube to only get one color grouped, then deciding instead of lining up red, they would really like green to be grouped first). In many cases, this will start the gathering process all over again because the original set of information is missing needed data. It also requires the attention of those that understand this information - typically a highly valued Subject Matter Expert from each silo - time-consuming and costly distractions that impact the requestor as well as the information owner's group.

    Fact#4: While large organizations can cope with this costly method in order to gather enough information to make effective and strategic business decisions, the amount of time and money is a barrier for smaller or cash strapped institutions, freezing needed data in its silo.

    Fact #5: If information were accessible (with security and access controls, preventing unauthorized and inappropriate access), time frames for analysis improve, results are timely, strategic planning is effective and costs in time and money are significantly reduced.

    Integration (with cleansing the data, aka Data Quality) should not be a foreign concept to the mid and smaller organizations. Price has been the overriding factor that prevents these tiers from leveraging enterprise information. A "glass ceiling", solely based on being limited from technology because of price tag, bars the consideration of EIM. This is the fault of technology vendors. Business Intelligence, Performance Management and Data Integration providers have unknowingly created class warfare between the Large and SMB healthcare organizations. Data Integration is the biggest culprit in this situation. The cost of integration in the typical BI deployment is usually four times the cost of the BI portion. It is easy for the BI providers to tantalize their prospects with functionality and reasonable cost. But, when integration comes into play, reluctance on price introduces itself into the scenario. No action has become the norm at this point.

    What are the Financial Implications for a Healthcare Organization by maintaining the status quo?

    Fraud detection is the focal point for CMS in their EHR requirements of healthcare organizations, Let's take a deeper, more meaningful look at the impact of EHR. Integration, a prominent component of Enterprise Information Management in the New Approach, brings data from all silos of the organization, allowing a Data Quality component to verify and cleanse it. The next step would be to either send it back to its originating source in an accurate state and/or put it into a repository where it will be accessible to auditing (think CMS Sanctions Auditors), Business Intelligence solutions, and Electronic Health Records applications. With instantly accessible EHRs, hospitals and their outlying practices can verify patients with payors, retrieve medical histories for diagnosis and treatment decisions, and update/add patient related information. What impact to treatment does a review of a new patient's history have for both patient and practice? Here are some elements to consider:

    1. Diagnosis and treatments that are based on previous patient dispositions - reducing recovery time, eliminating Medicare/Medicaid/Payor denials (based on their interpretation as to fault of the practitioner in original treatment or error incurring additional treatment).

    2. Instant fraud detection of patients seeking treatment for the same malady across the practices within the organization. Prescription abuse and Medicare fraud saves money not only for the payors, but the healthcare organization as well.

    3. The Association of Fraud Examiners states that 9% of a Hospital's revenue each year is actually lost to fraud.

    One overlooked but common impact is in the cost of managing patient records. Thousands of file folders in storage with new instances being added each time a new patient enters into the system. Millions of pieces of paper capturing patient information, payer data, charts, billing statements, and various items such as photo copies of patient IDs, are all stored in those folders. The folders are then stored in vast filing cabinets - constantly being accessed by filing clerks, nurses, practitioners and assorted staff. Contents of the files being misplaced or filed incorrectly. Hundreds, if not thousands, of square feet being consumed for storage. The AHA projects that an enterprise leveraging Electronic Health Records will recover no less than 15,000 square feet of usable space. That space can be used for additional services, opening up new channels of revenue. The justification is easy: how much would it cost the hospital to build out 15,000 square feet for a new service? The average cost to build space utilized for Health Services is $65 per square foot, or $975,000 total. An EIM solution through the New Approach would be less than 20% of that. Not only has the EIM solution reduced dollars lost to fraud, lowered the days for payor encounters to be paid, increased cash on hand, but it will also open up new services for the patient community and revenue back to the healthcare organization.

    Electronic data is costly in its own way. Bad aka "Dirty" data has enormous impact. Data can be corrupted by error in data entry, systems maintenance, database platform changes or upgrades, feeds or exchanges of data in an incompatible format, changes in front end applications and fraud, such as identity theft. The impact of bad data has a cause and effect relationship that is pervasive in the financial landscape:

    1. Bad data can result in payor denials. Mismatched member identification, missing DRG codes, empty fields where data is expected are examples of immediate denials of claims. The delay lowers the amount of Cash on Hand as well as extends the cycle of submitted claim to remittance by at least 30 days.

    2. Bad data masks fraud. A reversal of digits in a social security number, a claim filed as one person for the treatment of another family member, medical histories that do not reflect all diagnosis and treatments because the patient could not be identified. Fraud has the greatest impact on cost of delivering healthcare in the United States. Ultimately, the health system has to absorb this cost - reducing profitability and limiting growth.

    3. Bad data results in non-compliance. CMS has already begun the architecture and deployment of Sanctions Data Exchanges. These exchanges are a network of data repositories that are used to connect to health healthcare system, retrieve CMS related data, and store it for auditing. The retrieval will only be limited to the patient encounters that show a potential for denial or fraud, so the repository will not be a store of all Medicare and Medicaid patient encounters. But, the exchange has to be able to read the data in its provider data source in order for CMS to apply certain conditions against the information it is reading. What happens when the information is incomplete or wrong? The healthcare system is held accountable for the encounters it cannot read. That means automatic and unrecoverable denials of claims PRIOR to an audit, regardless of claim legitimacy.

    The Price Fix by Big Box Healthcare Technology Firms

    Are the major healthcare software and technology vendors (Big Box) price gouging? Probably not. They are a victim of their own solution strategies. Through acquired and some organic growth (McKesson, Eclipsys, Cerner, etc), they find their EIM solutions lose their agnostic approach. This is bad...very bad for health systems of all sizes. With very few exceptions, the vast majority of healthcare organizations DO NOT BUY all applications and modules from a single stack player. How could they? Healthcare systems grow similarly - some organic, some through acquisition. When a hospital organization finds over the course of time, an application that is reliable, such as a billing system, there is tremendous reluctance to remove a proven solution that everyone knows how to use. Because the major technology providers in the healthcare space act as a "One Stop Shop", they spend most of their time working on integrating in their own product suite with little to no regard to other applications. Subsequently, they find themselves trapped: they have to position all products/modules to maintain the accessibility and integrity of their data. This is problematic for the hospital that is trying to solve one problem but then must purchase additional solutions to apply to areas that are not broken, just to be able to integrate information. That is like going to the hardware store for a screwdriver and coming back with a 112 piece tool set with a rolling, 4 foot cart built for NASCAR. You will probably never use 90+% of those tools and will no longer be able to park in your own garage because the new tool box takes up too much space!

    IT resources - including people - must be utilized. In today's economy, leveraging internal IT staff to administer a solution post-deployment is a given. If those IT resources do not feel comfortable in supporting the integration plan, then status quo will be justified. This is the "anti" approach to providing solutions in the healthcare industry: the sales leaders from Big Box technology firms want their sales people in front of the business side of the organization and to stop selling to IT. While this is a common sense approach, the economy in 2010 mandates that IT has to at least validate their ability to administer new technology solutions. The prospect of long-term professional consulting engagements to follow post installation has been shrinking at the same rate as healthcare organizations profit margins.

    Empowering the healthcare organization to utilize its existing IT staff to administer and develop with the new products is not part of the business plan when Big Box players market to the industry. It is the exact opposite - recurring revenue from lengthy, and sometimes permanent, professional services consulting engagements is part of the overall target. The initial price quote for a Big Box solution is scary enough, but the fact remains that it is still not representative of what the ongoing cost to maintain through consulting arrangements. This is a variable cost, which is difficult to predict, and drives finance managers and executives crazy.

    Solving the Dilemma - A Better Solution through a New Approach at a Fraction of the Cost

    When Healthcare Business Experts combine talents with Technology Architects, EIM Solutions cost drop dramatically. This is the New Approach to Healthcare EIM, providing the way health organizations will be able to provide successful solutions at significantly reduced costs - opening the door for health systems of all sizes.

    The EIM Firm (using the New Approach) versus Big Box Healthcare Technology Providers:

    Smaller, more agile firms bring many benefits to Healthcare Organizations of any size. The benefits:

    1. They are focused on specific verticals - just like the Big Box Health Technology providers. Subject Matter Experts (SME) in the smaller firms typically are industry veterans with years of experience and success in their approach who see their resume as a service offering better utilized when they are able to apply their methods for successful strategy planning as opposed to learning the methods of a Big Box player. Their income is better since their revenue is applied into a smaller operating cost, extending lower pricing for solutions that are MORE EFFECTIVE and offering stronger client/vendor relationships as the SME limits themselves to a certain number of clients.

    2. Solutions built on proven approaches and strategies. Again, the firm's SMEs are able to define a methodology that can be re-used or re-configured in each client instance. This saves time and money for the client as delivery is accelerated and the cost of architecting is eliminated.

    3. The firms themselves develop solutions and methodologies agnostically. Their understanding of the diversity of systems that exist in the technology of a healthcare organization allows them to not only develop adaptable solutions but also add a Business Process Management Plan (BPM). The BPM will define for the organization EXACTLY how information is received, processed, cleansed, stored, shared and accessed. It also will define an action plan for training IT for administration and support as well as end users at all levels on how they will leverage it going forward. BPM planning in a healthcare organization is a low six figure investment with an outside consulting group. The EIM firms will include it in the cost of the solution. Basically, it is the difference in being told what is wrong and here are the recommendations to fix it versus here is what is wrong and this is how it will be fixed with the new solution.

    What is a typical EIM Firm solution?

    1. Solution Assessment, noting the current systems, data sources and methods of sharing information as well as business processes, key personnel identification that are gate keepers if information, timeliness of providing information and overall effectiveness in leveraging enterprise information for strategic business planning. See figures 1 for an example of the information process flow visual component of an actual assessment.

    2. EIM solution that contains an integration engine that accesses all data sources - reading and writing back to the database or application, providing data quality services and maintaining HIPAA as well as HL7 requirements. See Figure 2 for a diagram.

    3. EHR Data Warehouse. A repository to build Electronic Health Records through the integrated data flow.

    4. EHR Portal for patient entry (when additional information needs to be added) via a browser.

    5. Business Intelligence Dashboards for metrics, AD Hoc analysis and Performance Management Scorecards on organizational goals and objectives.

    6. Onsite implementation and integration of the EIM solution.

    7. Onsite training during installation for IT and end users. Ongoing training provided via webinars, documentation and technical support staff.

    8. Relationships maintained by the Subject Matter Experts for the life of the solution.

    9. Stimulus "HITECH" Act pays $44,000 per physician for an EHR solution implemented. The SME creates the grant request to be submitted so the healthcare organization receives Stimulus funds to pay for the total EIM solution

    Key Element of the Solution

    Onsite Delivery and full time support are key. But, the most important element is training. Why? As noted earlier, it is paramount that existing IT investments, namely personnel, be able to not only administer but also conduct development as the need arises. In Healthcare, CMS managed Medicare/Medicaid is already margins that are in the negative. As private payers follow suit, the number of uncollectable encounters will increase, impacting current profitability models and increasing future cost for treatment. By mitigating IT costs, the Total Cost of Ownership (TCO) qualifier should actually evolve to a Return on Investment (ROI). ROI is immediate for this solution approach, but it is sustained year over year by leveraging internal IT to support and develop. Now, the Healthcare Organization has eliminated costly professional service consulting engagements and re-investments into new feature licensing. This takes a variable cost every year and makes it a fixed, yet smaller amount - a sensible financial approach to accomplish a proven strategy.

    Summary -

    Why EIM? Whether it is Omnibus, "Obama"-care or an edit (not overhaul) of the Healthcare industry, Healthcare Organizations know these truths:

    1. Electronic Health Records are necessary for the Fraud detection unit of CMS. Each organization must comply with accessibility, HIPAA and format. Fraud reduces overall revenues for a hospital by 9% (ACFE)

    2. EHR/EHR have proven to be highly effective in eliminating internal waste, patient fraud, practice fraud and paper overhead. Vast amount of space within the facilities that had been used to store patient records in hard copy can now be utilized to provide additional services and open new revenue streams.

    3. Bad or "dirty" data in electronic or hard copy format is costly. According to the AHA (September, 2008), the average cost of a patient record with good or accurate information is $343 annually. The annual cost of a patient record with bad information is $2,054 annually. On average, 18% of patient information within a healthcare organization is bad.

    4. Strategies developed by healthcare organizations without 100% of the information they own that is also timely and relevant are ineffective. Objectives cannot be defined, successful processes cannot be identified and improvement plans have little to no metrics in which to determine success.

    5. Stimulus/HITECH Act pays $44,000 per physician when EHR is part of the EIM solution. With the smaller EIM firms, Stimulus pays for the entire solution.

    Why a New Approach EIM Firm?

    1. Subject Matter Expertise from consultants that have proven methodologies.

    2. Agility to adapt to the client need instead of the Big Box approach of the client adapting to their product limitations.

    3. A Better Solution at a Fraction of the Cost. Their solutions are based on needs and not features.

    4. Relationships with the vendor, resulting in improved services, maximum values from vendor solutions and a focused approach to the client needs and goals.

    5. A Return on Investment as opposed to a Total Cost of Ownership. Clients need to see solutions that immediately pay for itself and then recover lost revenue while offering channels to new profit centers.

    To support Singaporeans based in Woodgrove in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

    New Generation Skills Training

    A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

    Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

    How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

    New Path For Midcareer Professionals To Join The Accounting Industry

    Techniques To Improve Human Capital

    Multi Channel Integration and EDI transactions have been increasing day-by-day and they would certainly tend to grow as long as the EDI industry undergoes constant improvement. The EDI-based transactions comply with the X12 standard, which in turn has several sub-standards supported by various industries that keep growing over time.

    Amongst the various supported standards today, UCS (Uniform Communication Standard), VICS (Voluntary Inter-industry Commerce Standards), HIPAA (Health Insurance Portability and Accountability Act) are the pre-dominant ones.

    As per the statistical analysis revenues of the EDI Software packages should increase at a steady rate of 5 percent rate during the period because of a number of reasons such as the big organizations boosting up deployment of SME solutions, and even the mid size range companies implementing the EDI operations with suppliers paving the way to more and more EDI transactions for Channel Integrations

    Moreover the EDI usage grows in the health care industry is increasing, thanks to the Health Care Insurance Portability and Accountability Act (HIPAA) grant.

    Consequently the larger organizations will retain the investments in their EDI operations, leading to more and more EDI transactions.

    Coming to the EDI Services and support revenue, there shouldn't be any decrease in them either, as they would steadily grow at a 2 percent on account of reasons like growth in the EDI outsourcing services. Furthermore, with more mid size hubs and SMEs moving joining the internet revolution, the volume of EDI transactions also tend to go high.

    In fact looking at the historical perspective, initially when e-Commerce started, the experts had the perception that it would bring the end of EDI, rather than supporting it. However in realistic terms they never thought about the mere fact that basically EDI is e-Commerce by far and large!

    Over time this trend has been noticeable and slowly but surely the industrialists have realized that the EDI transactions are a part of the e-commerce, essentially supporting e-commerce rather than competing with it.

    As a matter of fact, the EDI transactions aren't really growing in a particular sector, and right from health care down to mid size SMEs, they have been only increasing.

    Who Should Attend ?

    Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

    How You Will Benefit ?

    You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Woodgrove Singapore.

    In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

    Woodlands Small Business Training Grants

    Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Woodlands Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

    In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Woodlands is usually high.

    Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

    Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

    5 Investor Development Equity Capital Raising Presentation Tips For Principals

    When you wish to start any kind of business you need first to contemplate which kind of business you would like to start. Thereafter you need to find office space, build client base, and hire employees. So you are going to face plenty of challenges which you would really like to address first to successfully run your business.

    In other way starting a business may be easy but to run it successfully you are going to face stiff challenges. The most daunting task, however for entrepreneur is raising start-up capital and loans in order to raise and run a business.

    The internet with growth of penetration through the world wide population has given tools to the entrepreneurs to address their every needs. Luckily for the entrepreneur they may find various options available through internet for funding their new companies. But finding and securing the funds for their company will take careful research, good negotiating skills, and, the most important thing a commitment towards launching new business.

    To start a capital search you should have a good business plan first which may attract the investor which is going to invest for your business plan. A business plan that may show investors and lenders the potential growth of your company. You should follow that up with whole heartedly with a thorough knowledge of the resources available on internet and through other medium and a determination which may make your business reality.

    Further it may be said that raising capital or funding your business might not be that much difficult, what is most important is you get your funding money or capital in right time and on right terms. You should take care of few facts while trying to raise money for your business i.e. how much you need?, When you need and from whom you want to get it?

    To support Singaporeans based in Woodlands in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

    Training Employment Allowance

    A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

    Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

    How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

    Organizational Capability Building Framework

    Raising Money - Venture Capital Vs Angels Investment

    You may have a vision for a new real estate development project, a new business, or expansion of an existing real estate or business project. Perhaps you have already invested time and money in developing the preliminary concept, but prior to securing financing, partnerships and/or investment capital for your project it must be appropriately positioned and prepared.

    The pre-development work that takes place at the initial stages of the project is critical for funding, and it has a direct influence on the timing and success of the project. You must be able to elaborate your concept and the details of your project in a concise and compelling manner, and demonstrate market demand, feasibility, financial realities, profitability and the circumstances surrounding the project professionally and comprehensively. Some entrepreneurs attempt to take on these tasks themselves, and they rely on their own expertise to document their concepts and to pursue financing, partnerships, and investment funding. Other entrepreneurs work with consulting firms or other organizations that provide additional expertise in these areas. Regardless of the approach, pre-development work is a necessary and critical part of the funding process for your project because it comprises much of what lenders, partners and investors will review when considering funding your project.

    Seed capital (or start-up capital) is often a source or strategy for funding pre-development work. The amount of seed capital required depends on the project, but it is usually significantly less than the equity and financing amounts that will be sought after later to fund the entire project. Seed capital can be secured by an asset, or unsecured; and it is typically used to fund the following processes and services: Strategic development plan, and/or business plan; Design details (preliminary architectural and engineering); Financial pro forma analysis; Feasibility analysis; Capitalization plan; Market study; Multimedia presentations; Legal work; Site analysis; Site acquisition; Municipal approvals; Government incentives; Pre-marketing/sales; Accounting; Prototypes; Web page; And other professional services.

    While all or some of the above services and processes may be necessary to obtain project funding because they help professionally convey the concept, benefits and details of your project effectively to prospective lenders, partners and investors; They can also be costly and can create a barrier in the development process if you cannot afford to pay for them. Seed capital funding can be a helpful strategy used to secure the required professional services and implement processes that bring life to the project and help position the project for funding.

    Many companies that have been successful in raising seed capital in today's economy have implemented some or all of the following strategies:

    1) Strategic development plan: Have a professional strategic development plan prepared for your project. Not just a business plan. A strategic development plan incorporates various components of the business plan, but also demonstrates the step-by-step processes and strategies that will be implemented to take the project through the development process to profitability, and provides a greater depth of financial and market analysis with validation documentation for the financial and statistical information provided. A professionally-written strategic development plan highlights the strategies, funding structures, incentives, tactical relationships, methodologies, and approaches of the project to effectively carry out the development process and create an advantage for the project in the marketplace.

    Note: Many lenders, partners and investors may give greater merit to a strategic plan that is prepared and presented by a third-party consultant on behalf of the principal of the business, than a business plan that is prepared by the principal himself/herself; In the same way that a lender may give more merit to a market analysis prepared by a certified appraiser, than by the borrower.

    2) Multimedia presentation: Prepare a concise and impressive multimedia presentation that will effectively convey the details of your project in a bullet-pointed and illustrative manner.

    3) Compile a list of investors: Prepare a list of prospective seed capital investors, including their contact information. Consider the following possible sources for compiling your list of prospective seed capital investors:

    * Engage a professional organization with expertise in this area to assist you in sourcing prospective seed capital investors.

    * Work with chambers of commerce to identify businesses and individuals in the area that may be interested in your opportunity

    * Online research. Spend time to find investment companies and individuals using the search engine of your choice (Google, Yahoo, Bing, etc.), and "weed-out" those that are least likely to invest in your type of opportunity, so that your list is as relevant as possible.

    * Local business and social organizations.

    * Attend business networking events, activities and conventions related to your market, product, services and industry.

    * Engage a financial broker with expertise and a track-record of success in this area.

    Note: Sourcing seed capital investors on your own takes time, dedication and devotion to the amount of research, networking and other activities involved. Rarely will a company find their seed capital investors after a few hours of searching online, or after making a few phone calls. It is a dedicated effort, thus a team approach is involving multiple parties is recommended.

    4) Investment documentation: Structure the seed capital investment opportunity by creating the necessary documentation that will be provided to prospective investors, such as an investment proposal, investment agreement, prospectus document, subscription agreement, escrow agreement, etc. It is strongly suggested to proceed with the advice and guidance of an attorney to ensure that SEC regulations are not violated.

    Note: Reducing the minimum investment amount required per investor and providing generous returns typically provides a larger availability of prospective investors for your project. Find the balance that is most suitable for you and your project.

    5) Seed capital presentations/negotiations: Contact the list of prospective seed capital investors, and meet with them individually or arrange group presentation meetings to present and discuss the opportunity with them. Describe the terms in detail, and provide the investment documentation.

    Note: It may be advantageous for the presentation and negotiations to be given by a third-party professional firm on behalf of the principal, with the principal present and participating in each presentation and negotiation meeting. Investors tend to feel greater assurance concerning the project and investment opportunity when they see that a professional firm is involved with the principal.

    6) Funding. Once an agreement is reached, funding from seed capital investors can take place in a variety of forms. An effective strategy that provides additional assurance to investors involves creating an escrow account that is managed by the project attorney or a title company. In this case, the investor writes the check (or provides another form of payment) to the escrow holder, not directly to the principal. This helps to ensure that the funds will be used for the purposes specifically described in the investment agreement. This process involves creating an escrow account, escrow agreement and other formalities, but the effort an expense is often worthwhile to give investors the additional assurances that can help engage their interest in investing in your project.

    This article is intended as a brief summary or overview for arranging a seed capital investment program for real estate and business development projects. It provides an outlook of viable approaches that have been used successfully to raise seed capital for a wide variety of projects. There are numerous additional strategies, methods and approaches can be incorporated, however, a basic understanding and the above insights and summarized strategies can be a good first step to help you develop a successful seed capital investment program.

    Who Should Attend ?

    Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

    How You Will Benefit ?

    You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Woodlands Singapore.

    In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

    Yishun Skills Future Funding

    Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Yishun Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

    In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Yishun is usually high.

    Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

    Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

    How to Find Government Grants - Apply For Free Government Grants

    Whether you're looking for a job in the grant field or wanting to hire a professional grant writer, knowledge of kinds of job titles and agencies that usually get grants, as well as skills you need is helpful. In this article, you will find common job titles and agencies who hire grant writers, as well as 5 top skills needed by grant professionals.

    Grant Job Titles

    If you're a grant professional, you may hold a job that includes one of these titles...

    Administrators
    Analysts
    Consultants
    Coordinators
    Developers
    Directors
    Freelance Grant Writers
    Management Specialists
    Managers
    Professionals
    Program Coordinators
    Specialists
    Writers
    Writing Specialists

    Employers Who Hire Professional Grant Writers

    Most U.S. grants are given to 1 of the more than 1.6 million tax-exempt agencies, sometimes called 'non-profits'. Few people understand the wide range of tax-exempt organizations even in their own communities.

    Below are types of non-profit agencies who might need your help as a professional grant writer in your state. Employers may address one or more of these issues or groups:

    Addictive disorders--eating, addictive disorders--gambling, addictive disorders--smoking, amateur competitions, amateur sports, animal protection, aquariums, arts councils, arts education, arts, blood & organ banks, botanical/horticultural, boys/girls clubs, camps, churches, city government, civil liberties groups, colleges, community facilities, conservation, consumer protection, counseling, county government, crisis lines, disease-related, economic development, educational services, elementary schools, environmental education, faith-based organizations, federal government agencies, fitness, foundations, government-related, high schools, historical societies, hospitals, clinics, hot lines, housing search, independent living centers, libraries, low-income programs, mental health centers, middle schools, military, minority rights, museums, natural resources, neighborhood associations, performing arts, pollution abatement, professional associations, Scouts, senior centers, service clubs, spouse/child abuse, state government, substance abuse prevention & treatment, temporary housing, United Ways, universities, vet services, veterans, volunteerism promotion, vocational-technical schools, wildlife preservation, women's rights, YMCA's, youth service organizations and zoos.

    5 Top Grant Writing Skills

    Although titles for grant jobs vary, there are 5 basic "grant" skills most grant writers and professionals should possess, according to the Grant Professionals Certification Institute:

    1. Seeking
    2. Project Designing
    3. Writing
    4. Managing
    5. Enhancing Professionalism

    Seeking (Research/Leads)

    • Finding and matching grant funding to specific needs;
    • Understanding of organizational development as it relates to grant research; and
    • How to build and maintain relationships between funders, researchers and recipient agencies.

    Project Designing

    • Understanding how to create and develop effective programs and projects;
    • Writing successful grant applications;
    • Writing a convincing case for being funded;

    Management

    • Understanding how to create and develop management systems once grants have been received.

    Enhancing Professionalism

    • Understanding ethical practice standards; and
    • Understanding how to bolster the level of professionalism in the grant field.

    To support Singaporeans based in Yishun in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

    Government Training Funding For Unemployed

    A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

    Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

    How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

    Provincial Training Allowance Login

    Public Funding Assistance for Quality Management Systems Consulting and Training

    Most technical documents require considerable research before you sit down to write them. Here are top 7 methods to conduct a comprehensive documentation research in the pre-production phase:

    1) The Existing Documentation. Insist on seeing every piece of paper ever produced on the project. This can be an old user manual, an installation handbook, engineering notes scribbled in a notebook, chat and discussion forum files, scope and spec documents, etc. You never know when you'll discover a piece of information that would be vital for your document.

    2) SMEs. Subject Matter Experts are great valuable resources for all technical writers. Do your homework well and draw up a clear list of important questions before contacting an SME since most are very busy people with not much time for unstructured "brain storming."

    3) Using the software or the product itself. Make sure you get your hands on the software or the product that you are documenting. There is no substitute to direct empirical data gathered from hands-on experimentation.

    4) Visiting the sites, customers, observing the product in use. One excellent way to understand how a product or system operates is to visit the customer sites where the product is installed. That kind of visit can create the high-value trouble shooting guide and FAQ sheets that come in handy when things go wrong. That kind of knowledge is very hard to compile from the head office.

    5) Conducting web- and tele-conferences. With the technology available to us today it's very easy to gather a group of SMEs, managers, users, and testers for a virtual conference where a technical writer can get answers to his or her questions.

    6) Sending out surveys. This rare method of information gathering can be a potent one if the right questions are asked and sent to the right parties.

    7) Library and Internet research. This is perhaps the most accessible information source. However, the dilemma for the technical writers is, if it's on the Internet or in your public library, there probably would not be a need for you to write it in the first place. We technical writers are invited to document what has not been documented before. In that sense we always operate on the frontiers of human knowledge, making such easy searches not very fruitful and hopeful.

    Who Should Attend ?

    Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

    How You Will Benefit ?

    You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Yishun Singapore.

    In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.