In the latest episode of our podcast, we are delighted to welcome Stefan Yordanov, the VP of Finance and Strategy for Lufthansa Technique Philippines. With a vast 17 years of experience in executive business development and corporate finance, Stefan brings an enlightening perspective on strengthening financial operations. The relevance of Stefan's insights is universal, impacting anyone from fledgling startups to well-established conglomerates. This episode is particularly useful for business owners, financial strategists, and anyone interested in understanding the complex dynamics of finance. By the end of this episode, listeners will gain practical advice and strategies on money management, market intelligence, and business operations, all to fortify their financial standpoints.
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Here are the reasons why you should listen to the full interview:
Learn how to strengthen your financial operations, regardless of the current economic situation.
Discover the critical success factors for businesses, ranging from self-efficacy to business intelligence.
Understand the evolution and potential of the aviation industry from a global player's viewpoint.
Resources
- Stefan Yordanov on LinkedIn
- Stefan Yordanov on cxociety
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Interview Highlights:
Strengthening Financial Operations
Importance of cash coverage and being conservative with company money.
Avoiding unnecessary financing and building robust reserves.
Critical Success Factors in Business
Importance of self-efficacy, market intelligence, marketing strategy, sales strategy, money management, strategic planning, business operations, and business intelligence.
These factors are crucial, even in adverse conditions like a hostile government, a friendly government, or a good or bad economy.
Lufthansa Techniques' Business Strategy
The core business revolves around aircraft maintenance.
The expansion strategy includes targeting different aircraft types for maintenance and seeking new locations to expand market reach.
Ancient Secrets Of Lead Generation
This eBook has all the steps you would need to launch your business and help you to Generate Leads
The Challenges and Triumphs of Aviation in the Philippines
The Philippines, being the first Asian country to have an airline, has solid aviation traditions.
Lufthansa is recognized as one of the best employers in the aviation sector in the Philippines.
Despite its positive reputation, the Philippines still encounters challenges, particularly in the labor market amid the COVID pandemic.