HOW TO STRUCTURE A DEAL What Is a Deal? Deals are economic agreements between at least two people. In the context of entrepreneurial finance, most deals involve the allocation of cash flow streams (with respect to both amount and timing), the allocation of risk, and hence the allocation of value […]
Year: 2020
What Is Reverse Logistics? The Delivery Process You’re Overlooking What is Reverse Logistics? Reverse logistics is any part of the logistics process where goods or services move from what is typically their final destination (the customer) back to their origin (or in some cases, to a third location). Reverse logistics […]
HOW TO SELL WITH MAGAZINE, RADIO AND TV ADS (PART 2) Radio and TV ads can be effective in selling consumer-oriented products. Weight-loss products, auto safety devices, tapes, videos, cooking sets, fishing gear, and a host of other products are sold either through thirty-second to two-minute ads or half-hour-long infomercials. […]
HOW TO SELL WITH MAGAZINE, RADIO AND TV ADS (PART 1) Radio and TV ads can be effective in selling consumer-oriented products. Weight-loss products, auto safety devices, tapes, videos, cooking sets, fishing gear, and a host of other products are sold either through thirty-second to two-minute ads or half-hour-long infomercials. […]
What’s the Difference Between Exempt and Non-Exempt Employees? Whether your employees are considered exempt or non-exempt impacts several things from whether they track their time to overtime pay eligibility. But before you can accurately categorize your workforce, you need to understand what exempt and non-exempt means—and what’s required for each […]
HOW TO BE DECISIVE IN DECISION-MAKING He ability to take timely, clear, and firm decisions, is an essential quality of leadership, but the type of decision needed will vary according to the circumstances. Learn to recognize the implications of taking each type of different decision. Being Positive Taking decisive […]
HOW TO ANALYZE YOUR RESPONSIBILITY Top-down decision-making leads to the delegation of work to subordinate levels. This is natural to hierarchies, but you must decide which decisions to make yourself and which to delegate to others. The best decision-makers share responsibility widely. Making Your Own Decisions It is up […]
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 […]
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 […]