Articles & Updates
Business articles and professional updates from the AFS team. The newest publications appear first.
24
Business ArticlesRestructuring the Business: When, How and Why to Make the Big Change
The internal reorganisation of a business is a process that can determine its future. In a constantly changing business environment, a company’s ability to adapt and evolve is not merely desirable – it is essential. However, the decision to undertake a complete reorganisation is not simple. When should this move be made? How can it be implemented effectively? And, most importantly, why is it worth the effort?
24 February 2025 · By Elina Karamanou
Read more
UpdatesData-Driven Businesses: Using Data for a Successful Reorganisation
In today’s business reality, data form the backbone of every strategic decision. Businesses that rely on data – the so-called data-driven companies – gain a significant competitive advantage, as they can make decisions with precision, improve their internal processes and adapt dynamically to market conditions. Especially in periods of reorganisati
20 February 2025 · By Elina Karamanou
Read more
UpdatesFRANCHISE IN GREECE: Trends, Challenges and Growth Opportunities
As part of the FRANCHISE AWARDS 2025 ceremony, a highly interesting panel will take place on the topic of «Franchise in Greece: Trends, Challenges and Growth Opportunities», with distinguished and accomplished speakers. The purpose of the panel is to analyse the key parameters and prospects of franchise in Greece, to explore growth opportunities, as well as to identify […]
9 December 2024 · By Nikolaos Karamanos
Read more
Business ArticlesRemote work: Monitoring and effective performance evaluation
Clear Objectives Set clear goals and expectations for each team member. This clarity enables you to measure performance against these benchmarks. Setting SMART goals provides a framework that facilitates remote performance monitoring. Regular meetings to discuss these goals can help you […]
7 November 2024 · By Elina Karamanou
Read more
Business ArticlesGrow Your Business Like a Boss: The Steps for Explosive Sales Growth
Today, pursuing business growth is more than ambition — it is survival in a world where needs are constantly changing and technology is transforming the market day by day. If you are wondering how you can increase sales and improve the image of your business with steady steps, we […]
5 November 2024 · By Elina Karamanou
Read more
Business ArticlesArtificial intelligence is changing the way companies promote, recruit and manage human resources.
HR is a department with a negative reputation. It usually has few resources apart from overworked staff, boring technology and piles of employee handbooks. Overburdened recruiters have to sort into groups applications from candidates that far exceed the available jobs. For example, Johnson & Johnson (J&J), a company […]
29 October 2024 · By Elina Karamanou
Read more
Business ArticlesThe Economics of Supply and Demand: Simple Explanations
Supply and demand form the backbone of economics and are the two fundamental forces that determine the prices of goods and services in a market. Anyone who wants to understand the basic principles of economics must familiarise themselves with these two factors, as they affect not only pricing but also the […]
17 October 2024 · By Elina Karamanou
Read more
Business ArticlesEmployee Departure Without Notice: Ethics in the Workplace
Workplace ethics: Professional way of leaving a company At some point during our careers, we all, at least once, have to send this letter of resignation. It could be for various reasons, such as moving to another company, retirement or starting independent business activity. Regardless of the reason, the […]
7 October 2024 · By Elina Karamanou
Read more
Business ArticlesAre you facing sensitive employee relations issues? How can you build trust and collaboration with HR?
Open dialogue To build trust with HR, start an open dialogue. Begin by expressing your concerns clearly and respectfully, allowing HR professionals to understand your perspective. Remember, HR’s role is to listen and provide guidance, not to take sides. By being transparent about the […]
2 October 2024 · By Elina Karamanou
Read more
Business ArticlesCrowdsourcing: The Power of the Crowd in Business Innovation
Crowdsourcing is a method of problem-solving and idea or data gathering that relies on the collective contribution of a large number of people, usually via the internet. Instead of assigning a task to a specific employee or team, the task or problem is presented to a broad audience, which is invited to participate voluntarily or […]
26 September 2024 · By Elina Karamanou
Read more
Business ArticlesRemote working and the challenges in your organisation’s culture
Remote working has become increasingly widespread, especially after the COVID-19 pandemic, and it brings with it a range of advantages and challenges that affect organisational culture. One of the main challenges is communication and collaboration. The lack of physical presence can make immediate communication and collaboration between […]
12 September 2024 · By Elina Karamanou
Read more
Business ArticlesStrategic Communication Upgrade: How to Achieve Greater Effectiveness and Competitive Advantage in Your Communication
There is no doubt that proper communication and targeting specific market segments constitute a competitive advantage for a business. But how can this be achieved? What are the steps required for a business to upgrade its communication strategy? Communication is a core skill for any organisation. However, communication strategies are not static […]
27 August 2024 · By Elina Karamanou
Read more
UpdatesCorporate Social Responsibility: Tips for Supporting Sustainable and Socially Responsible Initiatives.
Until relatively recently, most large businesses had as their almost exclusive objective the increase of their market share and therefore the maximisation of their profits. Over the last decades, however, more and more corporate and organisational managements have recognised that they have a social duty to do more than simply maximise profits for […]
6 August 2024 · By Elina Karamanou
Read more
Business ArticlesDeveloping New Markets: Challenges and Opportunities in Emerging Markets and Strategies for Successful Entry into New Sectors
Exploring new markets is like embarking on a campaign into uncharted territory. It is an exciting journey full of limitless opportunities, but also with potential pitfalls. For both an experienced entrepreneur and a rising startup, entering new markets can be a game changer for the company. However, success in these […]
6 August 2024 · By Elina Karamanou
Read more
Business ArticlesUpgrading Business Processes: Key Strategies for Development and Effectiveness
As the business landscape continues to evolve, optimising efficiency in the operations, structure and organisation of companies, as well as streamlining business processes, have become vital for the sustainability and success of businesses. Implementing effective strategies to improve efficiency not only reduces costs but also enables […]
10 July 2024 · By Elina Karamanou
Read more
Business ArticlesAnnual surveys of Foreign Direct Investments (FDI), Foreign Affiliated Enterprises (OFATS), Claims-Liabilities vis-à-vis abroad (A/L)
The surveys form part of the obligations of the Bank of Greece to provide statistical information to International Organisations such as the European Central Bank (ECB), the European Commission (EUROSTAT), the International Monetary Fund (IMF), the Organisation for Economic Co-operation and Development (OECD) and other bodies in Greece and abroad. The preparation of the Balance of Payments, the International Investment […]
1 July 2024 · By Elina Karamanou
Read more
Business ArticlesSustainable Entrepreneurship: How to Create a Business that Stands the Test of Time!
A sustainable business is a business that operates taking into account the balance between economic success, social well-being and environmental protection. A sustainable business does not seek profit alone, but also takes into account the impact of its activities on society and the environment. Sustainable business strategies often reflect the values and […]
10 June 2024 · By Elina Karamanou
Read more
Business ArticlesConfused by ISO? See how to Find the Ideal One for Your Business!
The choice of the appropriate ISO standard for your business depends on the nature of the business, its objectives and its specific needs. Here are some steps and tips to help you choose the appropriate ISO standard: Understanding the needs and objectives of the business: Analyse the main activities and operations […]
4 June 2024 · By Elina Karamanou
Read more
Business ArticlesSustainable Enterprise: A Model for Economic, Social and Environmental Success
A sustainable enterprise is a business that operates with regard to the balance between economic success, social wellbeing and environmental protection. A sustainable enterprise does not pursue profit alone, but also takes into account the impact of its activities on society and the environment. Sustainable business strategies often reflect the values […]
20 May 2024 · By Elina Karamanou
Read more
Business ArticlesDigital Transformation: The Role of the Consultancy Firm in Businesses' Adoption and Exploitation of New Technologies
We are in an era where digital technologies are radically affecting the way businesses operate in every sector. Digital transformation requires not only an understanding of new technologies, but also the ability to integrate them effectively into business processes. Digital transformation often requires external help and expertise, and this is where […]
17 May 2024 · By Elina Karamanou
Read more
Business ArticlesInvestments and Financial Strategy: Secrets for Managing Investment Resources
In today's world, financial success requires careful planning, expertise and strategic action. Analysing the world of investments and financial strategy with the aim of understanding how we can successfully navigate this field, we will refer to the basic principles of investment, the various strategies we can follow, as well as the tools […]
29 April 2024 · By Elina Karamanou
Read more
Business ArticlesRisk Management: The Essential Skill for the Growing Business in Greece
Risk management is a critical part of the business process, particularly in a business world that is constantly evolving and facing more complex challenges. Regardless of the sector or the size of the business, the ability to identify, assess and manage risks is critical to the success and longevity of the business. Next we will […]
24 April 2024 · By Elina Karamanou
Read more
UpdatesHow do I process Tips with POS?
“Gratuity”, “tip” or tip, however you call it, is a common practice in our country and is inextricably linked to our Greek culture. It has become established as a practical sign of gratitude towards a professional who served us with consistency and respect. Certain employee positions may even secure a second salary from these […]
17 September 2021 · By Marietta Stratigelli
Read more