The report was released by the Frankfurt School-UNEP Collaborating Centre for Climate & Sustainable Energy Finance, the United Nations Environment Programme (UNEP) and Bloomberg New Energy Finance. The other main cause was policy uncertainty in many countries, an issue that also reduced investment in fossil fuel generation in 2013. Last years investment was $214 billion which was the lowest since 2009. Investments dropped by 14% from $249.5 billion in 2012 to $214 in 2013.
As per Fiinovation, the key highlights from the report to be noted include:
Descended cost of the total investment by 14%
With the advancement in science and technology, the film industry all over the world, has grown immensely and contributes significantly to the worlds economy. The film industry has both commercial and technological benefits that have led to further growth of many countries economy. Currently, the film industry is controlled by the Hollywood and Bollywood film makers. The work and processes in the film media technology involves a lot of work in cinematography, film production, script writing, screen writing, pre and post production, directorship, film studios and finally distribution.
The film industry is a large job opportunity provider for many people who are jobless. The industry needs a lot of financial backing and thats the reason that many countries have not been able to invest in it well. The industry has its own big players who have been around since time in memorial and who have large control over it. Some companies like Disney and Universal studios have been around for some time and are major contributors in this industry.
The film making process involves a lot of work and purchasing of a lot of materials. The expenses involved are high and the process needs a company that has money and time to spare. The equipment and film materials used needs the investor to put undisrupted amount of capital that will be specific for the film company. However, many multi-national companies have invested in the industry and are now funding the business.
How many times have you heard someone talk about successful business strategies or ‘taking a strategic approach’? What do you think they actually mean by the use of the word strategy? Most often the people using it are trying to convey the fact that they have given the subject a bit more thought than usual, that they have looked a little further ahead than normal. If a consultant uses it be very wary. Strategy costs more than mere ideas or tactics. How much would you pay for consultants who have’ kicked around a few ideas’ or ‘come up with some tactics they think might work’. Depends how good they are. But if they come back with ‘strategic business advice’ you expect it to be very good and of course very expensive.
Why expensive? Because you would hope that a consultant or colleague would have used some kind of intellectually robust framework, that they would have tested their assumptions and developed more than one solution which they evaluate rigorously before making their strategic recommendation. This takes time and expertise and both are expensive. Let’s assume they have done all of this – does that make it strategic business advice rather than tactical advice?
Not according the dictionary. The dictionary definition of strategy is very clear and military. It defines strategy as “the art of war – disposing troops etc in such a way as to impose upon the enemy the conditions for fighting (time and place) preferred by oneself”. If we accept business is in effect a war – you develop successful business strategies because you define success as beating the competition – there is no reason why this definition of the overused word, strategy, is not appropriate for business strategy. It requires all that planning and testing of assumptions discussed already. Some kind of robust intellectual and very honest framework will certainly help to develop and evaluate options. Even the lazy use of the word strategy – giving it a bit more thought and thinking ahead – would be implied by the military, dictionary definition. But there is an extra dimension to real strategy. It requires you to do all this and come up with something that changes the rules in your favour – in other words it requires creativity.
has a key role to play in leading and creating a culture of innovation
and creativity where people are encouraged to think differently and put
forward their ideas. In your role as leader, particularly in leading
innovation, there are several ideas for you to consider to help you
foster an environment of creativity, innovation and thinking differently
within your organisation:
you are going to lead an innovative organisation, one of your key
objectives should be to remove the constraints in your company that are
hindering people from thinking differently. Many people feel constrained
because of too many meetings, too many processes, too much paperwork,
too much hierarchy, lack of resources, too great a workload and no
recognition for new ideas or different thinking. If you are a good
leader, you could look at these issues and take some action, rather than
dismiss them and essentially do nothing. Which leader are you?
If you find the prospect of crafting a Business strategy over aweing – you are not the only one. The truth is that many Business entrepreneurs don’t really see the need. Nevertheless the is that most successful businesses have well defined business strategies.
A robust business strategy can mean the difference between a lucrative business and you working 60 to 80 hours a week all year long – and not making enough to make ends meet
On the other hand, many high performing entrepreneurs who have a business strategy are not married to their business and make piles of money – and they usually attribute their fortune to having a strategic plan which guides their business.