You are here: Home / Archives for Thought Bank

What’s The Best Response Against Intense Business Competition?

by 4 Comments
What's the best response against intense competition?

What's the best response against intense competition? How can you remain in business despite intense competition?How you respond to the competitions is the key determinant whether you’ll remain in business or not!The entrance of new competitions into an existing market can be a blessing or a curse depending on how you respond to it. In the previous post, I shared a story of how the entrance of new competitions nearly drove us out of business because we didn’t choose our response carefully, we panicked and lost focus.This seemingly minor mistake in tactical planning is still … [Read more...]

How To Remain In Business Despite Intense Competition

by 9 Comments
naijapreneur

What do you do when competitors creep into your business? By Tito Philips, Jnr.   What do you do when competitors emerge in your business? Don’t panic, FOCUS! Whether you like it or not, the world of business is a very highly competitive one.  Business is a game and it takes a lot to eventually emerge as a winner. Winning however does require you find a way to remain in business irrespective of competition. Perhaps one of the most critical factor in determining who wins or lose in the game of business is knowing what not to do in the face of intense competition. It’s … [Read more...]

Creating A Compelling Vision For Your Organization

by 9 Comments
An idea to die for!

by Tito Philips, Jnr. What is the ONE thing that separates leaders from all other people?This is a continuation of the series on the 3 essential roles of every CEO (leadership, management and entrepreneurship) where I began with the role of the CEO as a Leader and talked about the 3 essential qualities of effective leadership; character, vision and competence. Character is about who you are as a person. It describes what kind of a person you are and what earns you the privilege to lead others since people naturally like to follow those they respect and those whose life they … [Read more...]

Developing The Right Character For Effective Leadership

by 9 Comments
Do you have the RIGHT character for leading effectively?

Do you have the RIGHT character for effective leadership?   Truth be told; developing ones character is not an easy task, it’s a lifelong task, but its benefits outweighs any pain suffered along the way.Character is not a destination that is reached; it’s a continuous process that must be perpetually worked on. Just as Eleanor Roosevelt rightly said,“Character building begins in our infancy, and continues until death”.Although character is related to personality, it is not the same thing. Personality is primarily inborn traits, while character consists of … [Read more...]

The 3 Essential Qualities Of Effective Leadership

by 5 Comments
Qualities of effective leadership

The foundation of every successful CEO is leadership. The two other roles (management and entrepreneurship) that make up the 3 essential roles of every CEO builds upon the success of your role as a leader. In continuing our discussion on the role of the CEO as a leader, here are three essential qualities of effective leadership; Character            -              a life worth emulating Vision                    -              an idea to die for Competence      -              expertise in any particular … [Read more...]

The Leadership Role Of Every CEO

by 11 Comments
“Are you the kind of leader the RIGHT kind of people will like to follow?”

“Are you the kind of leader the RIGHT kind of people will like to work with?”Last week, I began a series on The 3 essential roles of every CEO, this is a continuation that begins with the role of the CEO as a Leader.   The job of a CEO begins with a leadership role. The essence of your leadership role as a CEO is to make the organization effective –capable of doing the RIGHT things. An effective organization is one with the right people all occupying the right positions collectively engaged in doing the right things. That is;‘right PEOPLE + right … [Read more...]

The 3 Essential Roles Of Successful CEOs

by 7 Comments
CEO

 Do you have what it takes to be a CEO?  A CEO in a very simple term is the leader of an organization. This title is only given to someone who is occupying the highest position in an organization and is solely responsible for the success or failure of the organization. This means, you are a CEO because of a certain position you occupy (highest management) and certain functions you perform. As with every position or role, whether in life or business, there are corresponding duties and functions. These duties and functions are collectively called … [Read more...]