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 […]
Management
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 […]
INTENSIVE BUSINESS GROWTH STRATEGIES – HOW TO GROW WITHIN THE CURRENT MARKET (PART 1) Intensive growth strategies focus on exploiting the current market fully – that is, expanding the market share to the greatest extent fully. This is accomplished by increasing the volume of sales to current customers and the […]
HOW MANAGEMENT FACTORS CAN AFFECT BUSINESS GROWTH The degree of growth and the rate at which a new venture grows is apart from marketing also dependent on the management strategy. Management factors that affect a firm’s ability to grow: The Inertia of Success When a new venture has survived and […]
HOW TO MAKE CUSTOMERS COMFORTABLE (PART 2) Putting The Customer In Control You want to make your customers happy when they do business with you. At least half of the reason people buy is that they have been put in a buying mood. You put them in a buying mood […]
Retrenchment Of Workers: An Indication Of Corporate Arthritis And Managerial Epilepsy. By Chris. N. Ohanemu Ph.D Let me break this silence! The news with its attendant panic has filled the air all over the world, particularly in Nigeria. It’s all about organizations, especially in the private sectors that have retrenched […]
KEEPING THE WORKPLACE PEACE: HOW TO DEAL WITH EMPLOYEE TURNOVER BY HANDLING CONFLICT By Deanna deBara Part of building a successful company is creating a peaceful, collaborative, and supportive work environment for your team. But no matter how great your work environment (or your team members), at some point, conflict […]
6 SIGNS THAT THE FUTURE OF WORK IS HERE TODAY This article is originally posted on Gigster.com “A great overview by Gigster CEO Chris Keene on how the gig economy is transforming work in the enterprise by making it more customer-centric and high performance. Don’t miss the stories of companies […]
Q+A: How To Navigate Employee Layoffs and Terminations In California During The Coronavirus Pandemic Image source The coronavirus pandemic is creating unprecedented challenges, both for public health and the economy—and those challenges are causing many businesses to lay off their employees and shutter their doors, at least for the […]
