Finance research paper 123 Essay Example | Topics and Well Written Essays - 1250 words

pay research paper 123 - Essay ExampleOmar Kassem Alesayi was established in 1997 to assist Saudi citizen to own capable housing units at reasonable terms. The company specializes in mortage and property financing. Over time, it gradually expanded its chore activities to include away entities, i.e. other real estate developers and individuals . In 2006, approximately 87% of its turn everywhere was generated from external parties (OKAG, 2000)They currently work out of one branch, with a total of 28 employees and owns a total of some 135 million assets. SISCO being a privately owned company is not married in bureaucracy which is common in state-owned firms. The companys organisational structure is horisontally desgined, with adequate processes and procedures. However, with the expansion plans, a review of its processes and procedures needs to be conducted. The processes and procedures of the company were implemented on an ad-hoc basis, on a learn-as-we-go basis. The company has c ompetitive adavantage over its competitors with a large product portfolio.The key resources of any organization comprise of the financial resources and the human resources or as they are now known as human chief city. It is staffed by some of the best professionals in the field. Intangible assets have gained importance now and human capital is the profit lever of the knowledge parsimoniousness (Low, 2000). Human capital is the source of innovation and strategy it is the combination of genetic inheritance, education, experience and attitude towards demeanor and business (Bontis and Fitz-enz, 2002). Tacit knowledge has to be converted and retained in the knowledge economy to argue in the market (Marwick, 2001). . The market appraise of a firm consists of its financial capital and something else. The book value can be ascertained through the financial assets but this something else is the firms intellectual capital (Pablos, 2002). The other key resource is finance. SISCO has a str ong financial