Browsing: Management

As businesses in Nigeria increasingly leverage technology including social media platforms such as LinkedIn, Instagram, and Medium; and Emerging Technologies…

I have attended many business meetings, and I always hear the facilitators or convener lament how hard and difficult it…

An entrepreneur’s decisions affect the success of his products, the loyalty of his employees and the overall success of his…

You are going to need help to build your business, there are two ways to go about this; you can…

Unusual entrepreneurs will always depend on other people to help them in their quest to change the world and profit…

Every business during the course of its existence will experience a near death experience. This is a period characterized by harsh business conditions; low sales, low morale, low cash, low market share, and low innovation. Some recover from this and bounce back stronger than before, and some don’t.

MANAGEMENT 101: Structuring Your Business For Sustainable Growth. Structure is all about systems; an organized way of doing things. Small businesses remain small primarily for lack of structure, so what structures have you put in place in your business to ensure its sustainable growth?

MANAGEMENT 101: How To Organize Your Business For Sustainable Growth. After all is said and done, the day-to-day activities of a business purely rest on the competence of management. It’s possible for a business to have a great leader and a great product, but without great management practices in place, the business cannot exist for long. It’s possible for a business to be started by an unusual entrepreneur, but without great management in place, the whole business can easily fall apart!

BUSINESS HEALTH CHECKUP: 7 Warning Signs Of A Dying Business. Every dying business sends out certain warning signs before the eventual collapse. The death of a business is not as sudden as many tend to assume. Just as there is no such thing as overnight business growth, there is no such thing as overnight business collapse.

Business DNA: Why Your Company’s Success Desperately Depends On It! The DNA of a business determines what kind of a company it will be, the basis of its operations and its outcomes. It gives the broad picture of what the business will look like, what will guide its actions and what type of goals it will seek to achieve. They represent the soul of the business, what enables the company to function as a unique living entity.

All entrepreneurs create businesses.
But all entrepreneurs are not created equal.
Ever wondered what separates great entrepreneurs from mediocre ones? Ever wondered what makes entrepreneurs like Richard Branson of Virgin, Oprah Winfrey, Jeff Bezos of Amazon, Sam Walton of Wal-Mart, Tony Tsei of Zappos and the legendary Steve Jobs of Apple extra-ordinary?

There are certain “must have” pillars that are crucial to the success of every business. This is a matter of fact. When these fundamental pillars are lacking in any business, success is often unattainable. Identifying and applying them to your business, is what this unusual article is all about. For your guaranteed success in business, you must have a purpose that is completely focused on satisfying the customers by creating unique and useful products or services that meet their needs and solves their problems.

You are dead if you’re just like the rest!
It’s just simple logic, why would anyone remember your business if there’s nothing remarkable about your business? There are a thousand and one competitions out there and people want to know what’s so unusual about your business that makes you different from all others. Especially at a time like this when the whole world is going through a financially constraining phase, people are more prudent with the way they spend. Meaning, getting money out of people’s pocket ain’t going to be as easy as it used to be.

All businesses are not created equal. Hence, there two kinds of businesses;

1. Good Companies: Business as Usual
These are companies whose customers simply TOLERATE them because they haven’t seen an alternative provider yet.

2. Great Companies: Business NOT as Usual

These are companies who don’t have customers but have fans that CELEBRATE rather than tolerate what the company does.

Preparation which involves the cultivation of 3 highly effective habits of learning, thinking and planning helps you begin the process of achieving business success, but without execution, which involves putting into action all that you’ve learnt, thought about and laid out in a logical plan, all you’d ever accomplish is remaining in the process but never actually achieving success. Preparation is getting ready for the game, while execution is getting into the field and playing the game. You see, you can prepare all day long, but if you never make it to the field and actually start putting to use all the skills you’ve acquired from practice (preparation), your chances of succeeding are not only slim, but absolutely non-existent.

After the gates are closed on Black Friday, how many hours will you spend stuck at your cash wrap reconciling…

The 3 Essential Roles Of Successful CEOs. The role of a CEO is a 3-dimensional one involving three major responsibilities. So just as everybody else in your company, you as the boss also have certain key roles in which you have to function. Below is an overview of your work description as a CEO. The whole idea of being your own boss is about to go sour if you are not prepared to do the work that comes with the title.