MANAGING FORCED CORPORATE TRANSITION …strategies for circumventing the ‘sin bin’ of post-COVID-19 economy By Chris N. Ohanemu, Ph.D INTRODUCTION In this piece, we are not talking ECONOMICS, rather, we shall discuss MANAGEMENT. There is nothing new under the sun and those who ‘have visited heaven’ have not convinced...
Month: July 2020
KNOWING YOUR ORGANIZATION’S CORPORATE CULTURE A powerful ingredient in decision-making is your organization’s corporate culture. This affects the issues and options available to you when making a decision. Learn what is acceptable to your organization and what is always ruled out. Analyzing Different Corporate Styles Decisions are affected by, and...
IDENTIFYING DECISION-MAKING STYLES People have individual styles of taking decisions. Whether your style is logical or creative, your method should also be rational and straightforward. Good decision-makers do not allow personality to control the decision process or its outcome. Using Hunch and Logic One side of the brain is...
HOW TO ANALYZE DECISION-MAKING PROCESS Part of a manager’s role is having to make a series of large and small decisions. Reaching the right decision in every situation is an ambition that is well worth striving to achieve. Defining Decisions A decision is a judgement or choice between two or...
Work Orders: Definition, Examples, and How to Complete Yours Faster Maintenance, while one of the most important parts of any business, has been slow to evolve. For most companies, work orders are handled the same way they were fifty years ago. 75% of companies still use paper, spreadsheets, or nothing...
DIVERSIFICATION GROWTH STRATEGIES – HOW TO GROW OUTSIDE THE INDUSTRY When entrepreneurs expand their businesses by investing in or acquiring products or businesses outside their core competencies and industries, they are employing Diversification Growth Strategy. Generally, but not always, this strategy is used when the entrepreneur has exhausted all growth...
4 Home renovation ideas to boost your property value By Jillian White Jillian White, SRA designated Chief Valuation Officer at Better Mortgage with over 15 years experience as an appraiser, discusses smart home renovations to improve the value of your home. Nearly 65% of homes are more than 25 years...
INTEGRATIVE BUSINESS GROWTH STRATEGIES – HOW TO GROW WITHIN THE INDUSTRY There are many opportunities for entrepreneurs to pursue integrative growth strategies – to grow their venture through acquisition. The acquisition is in many respects less about the financial ability of the entrepreneur to purchase another company and more about...
INTENSIVE BUSINESS GROWTH STRATEGIES – HOW TO GROW WITHIN THE CURRENT MARKET (PART 2) Product Development One of the ways to exploit the current product market is to develop new products and services for existing customers or offer new versions of existing products. That is the tactic employed by software...
First-time Homebuyer’s Guide: Applying for your first mortgage By Better.com This article was originally published on Better.com You’ve dreamed, you’ve planned, you’ve budgeted, and you’ve finally found that place you want to call home. Now, you just need to pay for it. Getting a mortgage isn’t always easy but, the...