About
Every Company Wants To Grow...
That doesn’t mean it’s easy. Sometimes it just seems impossible to grow beyond a certain level. For many business owners, it’s a matter of growth pains.
Well … there is a solution to this dilemma… a simple strategy that can help you grow your business exponentially in the shortest amount of time possible.
If you’ve found yourself in a plateau or ‘comfort zone’ in your company and would like to elevate past the limitations keeping you from growing, then take heed because we have some good news for you.
This is where our team at Prometheus Foundation can help you grow.
What we do
We Support Companies to Grow Through Different Means
Pharmaceutical Industry
We help (Manufacturing) produce pharmaceutical products (pharmaceutical ingredients, vaccines, diagnostics). Their core business is not cosmetics or medical devices. They may well be producing consumer health products but only if the latter do not represent a significant proportion of their turnover.
Defence Sector
Our interest in defence Sector is based on an exhaustive study on the competitive landscape of the market with detailed analysis of industry trends and key market drivers that provides an insight into the country level analysis with regards to historical & forecasted market size, & technology trends and revenue forecast.
Energy Sector
One of the major energy concerns with which we have been working for a very long time is that of oil and gas. Since biofuels as an industry are now gaining momentum, there has been a sudden surge in interest from all circles regarding it. The main reason being – global warming and climate changes.
Manufacturing Sector
With an increasing expansion of manufacturing sector, Prometheus Foundation felt a growing need for their globalization. A large number of manufacturing businesses are opting to expand their business overseas by looking forward to outsourcing their products and even internal operations.
Technology Support
Our experience and expertise of years enables us to provide reliable support to IT Sector & offer complete assistance in every step to make them true multinational. We take utmost care of long term plan and accordingly formulate a plan for the same. This mitigates the risk factor & reduces chances of failure.
Health Sector
Globalization, Innovation and Healthcare Reform are most important niche to look into. If your company operates in the health sector, it is a good idea to understand how global trends might affect future opportunities and prospects. Our foundation will help you to grow in this changing environment
How Prometheus Foundation Helps
Our Foundation combines the Best Business Practices of small and large corporations.
Yes, you want your business to grow. However, first, it’s important to get things organized so that you can grow without growing your imperfections, as well. Most assume that all they need to succeed is to grow Sales. However, more businesses have "hit the wall" because of fast growth than because of measured growth, making sure that systems keep pace with growth.
How we help?
Discover
We discover the possibilities by gaining a deep understanding of your business, your competitors and consumers. We use a variety of proprietary research tools during an intense research process to learn about your market and industry, assess strengths and weaknesses and seek threats and opportunities. Our foundation start with the things you already know and then dig deeper to find the things you don’t.
Dream
The expert at our foundation helps to create conversations between consumers and brands, not just creating campaigns or initiating chatter. This mindset inspires our creativity. Through close partnership, the process becomes more exciting as we dream together. We like building strategies that work, but we love pushing the envelope to create memorable and effective campaigns that generate value for brand consumers.
Develop
We understands the importance of consumer behavior and psychology. The Prometheus Foundation works hand-in-hand with you to ensure a smooth transition with the launch of new assets. We use robust reporting systems to track online brand conversations across multiple media channels. We take great pride in being able to tell our clients exactly how conversations in digital spaces are affecting their bottom line.
What can we help you overcome?
We help companies stay ahead in a rapidly changing world.
Opinions From The Foundation
Singapore’s Gambling Rates And Spend Trending Down After Covid
Singapore’s gambling rates have been trending down since the outbreak of COVID-19. This is in line with the general trend of Singaporeans spending less on leisure activities as they tighten their belts during the economic downturn.
As people become more aware of the dangers of the virus, they may be less likely to gamble in public places like casinos. Another reason could be the general trend of Singaporeans spending less on leisure activities as the economy slows down. People losing their jobs or seeing their incomes reduced may be more reluctant to gamble money that they can’t afford to lose.
The global pandemic has caused many changes in people’s lives, one of which is gambling habits. According to a recent report by the Singapore National Council on Problem Gambling (NCPG), there has been a decrease in both gambling participation rates and spending among Singaporeans since the outbreak of COVID-19.
It is due to the various restrictions to curb the spread of the virus, such as the closure of physical casino venues. With fewer opportunities to gamble, people are spending less on gambling activities.
The NCPG’s report also found that problem gambling rates decreased because people are more aware of the risks associated with gambling and are taking measures to control their spending.
Reasons for this decline: social distancing, travel bans, and economic decline.
With the outbreak of COVID-19, many countries have implemented social distancing measures to prevent the spread of the virus, resulting in fewer opportunities for people to gamble, as many gambling venues such as casinos and clubs are closed.
In addition, travel bans have prevented people from traveling to gambling destinations such as Macau and Las Vegas, further reducing the opportunities for people to gamble.
Lastly, the economic downturn caused by the pandemic has also led to a decrease in gambling spending. People are less likely to gamble or spend on luxury items such as gambling with less disposable income.
The NCPG’s report is based on data from two surveys conducted in April and May 2020. The first survey was conducted online with 1,302 respondents, while the second survey was conducted over the phone with 1,015 respondents.
The report found that gambling participation rates have declined from 3.2% in 2019 to 2.6% in 2020 and the impact is seen even in best online casino. The decrease is most significant among those aged 21 to 30, whose participation rates have dropped from 5.5% to 2.8%.
In terms of gambling spending, the report found that the average monthly spend has decreased from $119 in 2019 to $88 in 2020. 26% decrease is the largest decrease among those aged 21 to 30, whose average monthly spend has dropped from $154 to $79 – a decline of 48%.
Overall, it seems that the pandemic has hurt gambling habits in Singapore. However, it is important to note that these changes may be temporary and that gambling rates could rise again once the situation stabilizes.
What does the future hold? It is difficult to say the future of gambling in Singapore. The pandemic has caused many changes in people’s behavior, and it is hard to predict how long these changes will last. However, one thing is clear: Singaporeans love to gamble, and they are unlikely to give up their favorite pastime anytime soon. Only time will tell if the current trends will continue or if things will eventually return to normal. Either way, gambling will continue to be a popular pastime in Singapore for years to come.
Do you think the decline in gambling rates is temporary or permanent?
Effects of the decline: Gambling establishments face financial difficulty, with some closing their doors.
This is particularly true for smaller businesses that cater to a niche market. The decline in gambling rates has also led to job losses, as casinos and other businesses cut back on staff.
This is in line with what we have seen in other markets worldwide, where people are cutting back on their discretionary spending.
However, it is worth noting that Singapore’s gambling rates are still relatively high compared to other countries.
So while the recent trend is down, there is still a significant amount of money being spent on gambling in Singapore.
Several factors could be driving this, but one possibility is that people are turning to gambling to cope with the stress of the pandemic.
Whatever the reasons behind it, it’s clear that gambling is still a popular pastime in Singapore despite the challenges of 2020. And with casinos set to reopen soon, we may see a resurgence in spending on gambling.
What do you think? Will gambling rates continue to trend down in Singapore, or will we see a rebound once casinos reopen? Let us know in the comments below. Thanks for reading! And stay tuned for more insights on the latest trends in the Singapore gambling market.
Business and Management Consulting?
There are a few key differences between business consulting and management consulting. Business consultants typically focus on helping businesses improve their operations and bottom line, while management consultants typically focus on helping businesses improve their strategy and top-line growth. Business consultants often have more experience in a particular industry or functional area, while management consultants may have more experience with organizational change and development. Finally, business consultants may be more hands-on and involved in the day-to-day operations of a company, while management consultants may take a more strategic approach.
About business consulting
Business Consulting is the practice of helping organizations to improve their performance, primarily through the analysis of existing organizational problems and the development of improvement plans. Management consultants typically provide consulting services that possess extensive knowledge and experience in business strategy, management, and operations.
About management consulting
Management Consulting is the practice of helping organizations to improve their performance, primarily through the analysis of existing organizational problems and the development of improvement plans. Management consultants typically provide consulting services with extensive knowledge and experience in business strategy, management, and operations.
Most management consultants have an MBA or Master’s degree from a top-tier school. A typical management consulting project may last from one week to several months and maybe conducted on-site or off-site. Management consultants typically work with senior executives to help them solve complex problems, make better decisions, and improve organizational performance.
Key Differences
The key differences between business consulting and management consulting are:
- Business consultants focus on improving businesses’ operations and bottom line, while management consultants focus on improving businesses’ strategy and top-line growth.
- Business consultants often have more experience in a particular industry or functional area, while management consultants may have more experience with organizational change and development.
- Business consultants may be more hands-on and involved in the day-to-day operations of a company, while management consultants take a more strategic approach.
- Management consultants typically have an MBA or Master’s degree from a top-tier school.
Types of Consulting Services
Business consulting services can be divided into four main categories:
- Strategy Consulting
- Operational Consulting
- Financial Consulting
- IT Consulting
- Strategy Consulting focuses on helping businesses develop and implement effective strategies to achieve their desired objectives.
- Operational Consulting focuses on helping businesses improve their operations and bottom line.
- Financial Consulting focuses on helping businesses improve their financial performance.
- IT Consulting focuses on helping businesses improve their use of information technology.
There are many other consulting services, such as human resources consulting, marketing consulting, and supply chain management consulting. However, these are the four main types of business consulting services.
When to Use Business Consulting Services?
Business consulting services can be used at any business cycle stage. However, they are typically used when businesses are facing challenging situations or periods of transition, such as:
- Starting up a new business
- Entering a new market
- Launching a new product or service
- Experiencing rapid growth
- Undergoing organizational change
- Facing financial difficulties
- Dealing with a crisis
Benefits of Business Consulting Services
There are many benefits of business consulting services, including:
- Improved performance: Business consulting can help businesses improve performance by identifying problems and developing plans to address them.
- Increased efficiency: Business consulting can help businesses increase efficiency by streamlining processes and procedures.
- Reduced costs: Business consulting can help businesses reduce their costs by identifying waste areas and implementing cost-saving measures.
- Improved decision-making: Business consulting can help businesses improve their decision-making by providing insights and recommendations.
- Improved customer satisfaction: Business consulting can help businesses improve customer satisfaction by identifying problems and developing solutions to address them.
If you face challenging situations or periods of transition in your business, consider using business consulting services to improve your performance and achieve your desired objectives.
What Is A Business Growth Consultant, And Why Hire One?
As a business grows, so do the challenges it faces. A business growth consultant can help identify opportunities and optimize processes to keep your company moving in the right direction. Here’s what you need to know about hiring a business growth consultant and how they can benefit your company.
What Does A Business Growth Consultant Do?
A business growth consultant works with companies to help them grow sustainably. They provide analysis and recommendations on marketing, sales, operations, finance, and organizational structure. In addition, they work with management to develop strategies and action plans for achieving growth goals.
Why Hire A Business Growth Consultant?
There are many reasons to hire a business growth consultant. Perhaps you’re facing a plateau in growth or need help getting to the next level. Maybe you’re unsure where to focus your efforts or don’t have the internal resources to dedicate to growth initiatives. Whatever the case may be, a business growth consultant can help you overcome these challenges and reach your full potential.
Benefits Of Working With A Business Growth Consultant
There are many benefits of working with a business growth consultant. Some of the most notable include:
1. They Save You Time And Money
Hiring a business growth consultant can save you time and money. They can quickly identify areas of opportunity and help you develop strategies for achieving sustainable growth. This frees up your time to focus on running your business.
2. They Bring Outside Perspective
A business growth consultant brings an outside perspective to your company. This can be invaluable in identifying areas of opportunity and developing creative solutions.
3. They Hold You Accountable
A business growth consultant holds you accountable for achieving your goals. This accountability can be a powerful motivator and help you stay on track.
4. They Help You Prioritize
A business growth consultant helps you prioritize initiatives and focus your efforts on the most important tasks to ensure that you’re making the most efficient use of your time and resources.
5. They Keep You Focused On The Future
A business growth consultant keeps you focused on the future. This long-term perspective can help you make decisions in your company’s growth best interest.
How To Hire A Business Growth Consultant
If you’re interested in hiring a business growth consultant, keep a few things in mind. First, you’ll want to identify your goals and objectives to narrow down your search and find a consultant that’s a good fit for your needs.
Next, you’ll need to do some research. You can start by asking for referrals from trusted sources or searching online for business growth consultants in your area. Once you’ve compiled a list of potential candidates, you’ll want to interview them to learn more about their experience and expertise.
Finally, you’ll need to decide how you want to work with a business growth consultant. You can either hire them on a retainer basis or project basis. A retainer arrangement is typically best for ongoing support, while a project basis is more suited for specific initiatives.
If you’re struggling to grow your business, consider working with a business growth consultant. They can save you time and money, bring an outside perspective, and help you develop sustainable strategies for achieving long-term success.
Consulting Is More Than Giving Advice
Consulting is more than giving advice; it is about helping organizations achieve their desired outcomes. Effective consulting requires a deep understanding of the client organization, its culture, and its challenges. It also requires the ability to develop creative solutions tailored to the client’s specific needs.
There are many different types of consulting, but they share one common goal: to provide clients with the knowledge and resources they need to reach their objectives.
Consulting services can be divided into three main categories: business consulting, financial consulting, and technical consulting.
Business consultants help companies improve their performance by providing advice on organizational development, management, marketing, and other business-related issues. Financial consultants assist businesses with financial planning and investment decisions. Technical consultants provide expertise in specific technologies or technical fields.
The role of a consultant is to help clients solve problems and reach their goals. Consultants must have strong analytical and problem-solving skills and the ability to think creatively and outside the box.
Consulting is a demanding profession that requires dedication, hard work, and long hours. But it can also be extremely rewarding, both professionally and personally. If you are interested in a career in consulting, you should know a few things.
1. Consulting is more than just giving advice
As a consultant, you will be expected to do more than offer your opinion; you must provide sound reasoning and evidence to support your recommendations. This means that you must be able to think critically and analytically, and you must be comfortable working with data and numbers.
2. Consulting is a demanding profession
Consulting is a demanding profession that often requires long hours and travel. If you are not prepared to put in the hard work, it is not the right career.
3. Consulting can be extremely rewarding
While consulting can be demanding, it can also be extremely rewarding. Consultants have the opportunity to work with various clients on a variety of interesting projects. They also get to see the results of their work firsthand, which can be very gratifying.
4. You need specific skills and experience to be a successful consultant
To be a successful consultant, you need strong analytical and problem-solving skills and the ability to think creatively and outside the box. It would help if you also had a solid understanding of business, finance, and marketing.
5. There are many different types of consulting
There are many different types of consulting, including business consulting, financial consulting, and technical consulting. Choose the consulting that best suits your skills and interests.
6. You will need to market yourself to be successful in consulting
To be successful in consulting, you will need to market yourself and your services effectively. You should have a strong portfolio that showcases your work, and you should make sure that potential clients are aware of your skills and experience.
7. Consulting is a competitive profession
Consulting is a competitive profession, so you will need to be able to stand out from the crowd. One way to do this is to specialize in a particular area or industry.
8. You will need to update your skills continuously
To succeed in consulting, you will need to update your skills and knowledge continuously. This means keeping up with current trends in your industry and taking courses, and attending seminars regularly.
9. Consulting is an international profession
As a consultant, you will have the opportunity to work with clients from all over the world. This can be exciting and challenging, so you should be prepared for cultural differences.
10. There is a lot of paperwork involved in consulting
As a consultant, you will be responsible for any paperwork, including proposals, reports, and contracts. This can be time-consuming, so you should be comfortable working with documents and numbers.
11. You will need to be able to work independently
As a consultant, you will need to be able to work independently and handle all aspects of your business. It includes finding clients, managing projects, and handling finances.
12. You will need to be organized and detail-oriented
To be successful in consulting, you will need to be very organized and detail-oriented to keep track of deadlines, maintain accurate records, and ensure that all paperwork is in order.
13. You should consider starting your consulting firm
If you want more control over your career, you may want to consider starting your consulting firm. This can be a great way to build your brand and grow your business.
14. Consulting is a great career for people who are looking for a challenge
If you are looking for a challenging and rewarding career, consulting may be the right choice. Keep in mind that it is a competitive field, so you must be prepared to work hard and stand out from the crowd.
To be successful, consultants must build trust and relationships with their clients. They must understand the client’s business and objectives, and they must be able to provide value that exceeds the client’s expectations.
The most successful consultants can think outside of the box and develop creative solutions that address the unique needs of their clients. They can also build strong relationships with their clients and can provide value that exceeds the client’s expectations.