Notes

The key to innovation is a culture of the company.

In the context of their Horizon 2020 Agenda, the EU announced new funding to hundreds of companies across Europe in the last month. Bayrock will get complimentary business coaching as well as acceleration services. This amazing initiative will help drive innovations throughout the EU. But I believe that businesses of tomorrow should focus on fostering innovation internally. It's not about independence or self-reliance. It's about cultivating an agile and flexible business culture that encourages the development of new ideas.

Innovation is essential to success in today's rapidly changing world. This is something I've learned from my first business encounters in Kazakhstan. https://nativenewsonline.net/advertise/branded-voices/tevfik-arif-biography-and-legendary-bayrock-group-business-empire of once profitable industries were rendered inoperable by years of neglect, underinvestment and inability to adapt to changes in market conditions. Single-resource communities were among the worst to be affected as their economic prosperity was tied to an interdependent system of mines, factories, and production units.

Tevfik Arif Bayrock was evident most clearly in Zhitigara. A region in northwest Kazakhstan which relied on local mining for production for decades. In the post-Soviet years, local industry was plagued not just by outdated methods and equipment, but also an inability to focus on customers and a variety of non-market-based hurdles that limited creativity. Only by making profound management changes and focusing on the improvement and quality of the refining and enrichment process and reinvesting massively in the safety and health of our employees, were we able transform and expand an inefficient local company. https://investor.com/rias/bayrock-financial-305467 may appear like innovation by necessity, but we learned the lessons.

My belief in the power of innovation was reinforced through my experiences of modernizing old practices and urgently modernizing operations. That same belief inspired me later on in my career to turn Kusto Group's local business into a multinational multi-resource company with its headquarters in the United States and operations around the globe.

Kusto has grown, and so has our enthusiasm for ingenuity. Tevfik Arif Bayrock have come to realize that innovation comes in different forms, and often in the most surprising of places. Even at petrol stations. Kazakh petrol stations were small, focused on their core duties, and were once tiny. They would evolve into micro-commercial centers with restaurants, cafes, and shops. Kusto Group recognized the trend and launched Kazakhstan's first stations that combined banking and retail services in 2014. The company launched an innovative start-up company that introduced high quality fuel supplies and a new standard in purchasing from a retail store with ease. We were able bring innovation into a market that was long considered to be standardised, by placing the focus on the consumer and incorporating the right technology and services that match. We plan to open 70 integrated stations throughout the country by the year 2020.

Key to this early approach was a commitment to see beyond the limits and adopt innovative, often unconventional and uncomfortable ideas. Kazakhs are nomads. Our DNA is built on exploring. We are open to change, a ethos which defines the Kusto Group. Innovation is often overlooked. Innovation isn't about discovering new technologies or ideas. It is about creating an environment that can accommodate changes and evolves with it. This is a requirement of being willing to take on failure and risk. A company's corporate culture is crucial to this. It is an attitude that promotes collaboration and encourages people to learn from one another.

Kusto Group understands that innovation is essential to the success of businesses. The Kusto Way is our ethos. It is an understanding that innovation is the vital ingredient of successful companies. It's an understanding that relying solely on 'the way things are' halts progress and leaves businesses in a rut.

Establishing a company’s corporate culture is the first step toward creating an innovative working environment. But, the modern global corporation will soon face an arduous question: How can we build a cohesive corporate culture that is shared across every level of the company across every industry, nation and communities? The solution is two-fold. First, we ensure that each manager is aware of the Kusto Way. Second, https://www.charlesbridge.com/pages/fiona-bayrock is accountable for implementing that ethos in the local community in which they work.

However, https://www.wikidata.org/wiki/Q28124187 learning exchange is required between business. The company Cropio was our partner in Ukraine. Their high-tech sensors as well as satellite imaging systems and precise farming methods allowed us to minimize the loss of crops and improve yields. This partnership is crucial in our success. Without it, we would be lagging behind our competitors. Instead, we are leading in this field through working with companies that put innovation at the forefront and now seek out other markets where this technology can be used.

Kusto now has the opportunity to gain knowledge from our partners and have an innovative culture. Our Vietnamese operation is an example of how this happens. It's a prime example of Kusto's drive for exploration, expansion and learning. Our partnerships with other state-owned companies allow us to introduce new ideas and methods to the table. Building Information Modelling (BIM) was developed to cut costs, improve quality, and boost efficiency. While https://www.sutori.com/item/tevfik-arif-was-born-tofic-arifov-in-cambul-in-the-kazakh-soviet-socialist-repub 's a common practice in Vietnam, BIM is a major, revolutionary advancement in Vietnamese construction.

Private companies have the capital to invest in, test and roll out innovative ideas. Each new venture will face challenges and risk failure. Tevfik Arif Bayrock learn from their mistakes and adjust to it by continuously creating new ideas instead of trying to avoid it. Small or large companies cannot afford to take comfort in the same old. Innovation is essential to stimulate and foster innovation within the workforce. But, it needs investment or it'll be nothing more than words on paper.

Furthermore Innovation should be comprehensive, and must form the bedrock of any corporate culture, just as it is in Kusto Group. Kusto Group. This includes adapting to change and being open to the latest technologies. Also, it means considering the future. It's about being creative and doing ingenuous things. It's all about survival.




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