Posts

Legacy vs Inheritance

Image
In this part of the world, inheritance is taken so seriously that it often leads to strife or total destruction of families of the decedent. These days, most youths (especially from wealthy descents) depend on their prospective inheritance and thus aspire to be nothing. Their belief would be, why labour when the result for it (labour) is already given free of charge? Inheritance is the passing of title or ownership of physical properties (and even debts) to another (mostly family members) by a person upon death. Most reasonable people love the idea of leaving a good inheritance for loved ones but is that all you leave behind? Would you like to be remembered like Steve Jobs or Nelson Mandela? Both were great men and did great things while they walked this earth. The former was the co-founder of Apple Inc. while the latter was the former president of South Africa, an activist and philanthropist. Both left inheritance for the people they left behind, but something was different be...

Little Tips About Living Healthy

Image
It's funny how people run a crazy cycle that destroy their lives. First, they spend all their time and energy pursuing money and ignoring their health. Then later in life - after getting money - they spend the remainder of their lives trying to cure themselves with the money; until they die. Pay attention to your health by: - Watching what you eat (more vegetables and fruits incorporated into diets extends life); - Taking enough rest and sleep after a day's job (being a workaholic has it's allure, but it is share foolishness when you do not know when your body and soul needs rest. Moreover, overworking the body does not produce more result. A well rested body and brain rejuvenates itself and gets ready to produce at maximum capacity. And let's not forget that you'll be extending your life also.); - keeping your body always hydrated - not with wine, but water. Health is wealth - never forget this. If you still have doubts, visit a millionaire that lives...

The Management Tip of the Day: Earn Your Employees’ Trust by Showing That You Trust Them

Image
Most people do their best work when they know their manager trusts them. If they worry that you think they’re lazy, incapable of directing their behavior, or lack integrity, they’re unlikely to take feedback or coaching from you. So go out of your way to gain your employees’ trust by demonstrating positive assumptions about them. Give challenging assignments, with the clear and confident belief that your expectations will be met. And don’t hide information, or assume people will mishandle it. Instead, promote transparency. Try adding a “through the grapevine” agenda item to meetings as a fun, informal way for people to share company information they’ve heard, so you can either confirm or debunk the rumor. When managers demonstrate positive assumptions, employees respond in kind. [HBR]

How to Help Others - by Juliet Ambali

Image
Making other people better at something requires more effort than we need to make ourselves better at the same thing. In other words, it is much easier to tell somebody what they should do if they can see we have done the same thing ourselves. Our lives say much more than our mouths can ever articulate. How we talk to people, how we react to situations, in whom we put our faith, how promptly and genuinely we care about other people, and a host of other life matrices combine to give us away quicker than we are ready to defend ourselves. So, the work starts with us. We are better placed to suggest strategies to other people only if we have applied such strategies--or similar ones--to our lives, and we are currently prospering as a result of that. It is easier for people to believe what has previously worked for someone else. This explains why big organisations spend a lot of money inviting successful people to talk to their members of staff. People with success stories tend to...

ONLINE TRANSACTIONS: New Trends That Should Get You Thinking

Image
The way we do our payment is changing dramatically. For example, people are beginning to use their smartphones for every kind of formal and informal transaction - to shop at stores, buy songs and movies online, and even do their banking. At the heart of these changes in how we do our transactions are lots of companies competing and collaborating to facilitate transactions. Although a great percentage of people use digital forms of payment, very few fully understand that it is an extremely complex industry. Payments is transferring information from one party to another, and nearly every stakeholder in the industry benefits when that process runs on digital rails. This is the era that we are in. Do you see any business opportunity? If everything is moving towards online, there must be something you can do (service or business) to be part of this moving train. Think.

Strategic Choices Need to Be Made Simultaneously, Not Sequentially - Roger L. Martin

Image
Do you know why many would be successful business owners (entrepreneurs) get stuck while making strategic plans and choices? It is because they considered Where to Play  without reference to How to Win. I’ve heard variants of this over and over. Although I have always emphasized that these five choices have to link together and reinforce each other, hence the arrows flowing back and forth between the boxes, it has become clear to me that I haven’t done a good enough job of making this point, especially as it relates to the choices of Where to Play and How to Win. Many people ask why Capabilities and Management Systems are part of strategy when they are really elements of execution. That is yet another manifestation of the widespread, artificial, and unhelpful attempt to distinguish between choices that are “strategic” and ones that are “executional” or “tactical.” Remember that, regardless of what name you give them, these choices are a critical part of the integrated set ...

LAW OF CHANGE: History Repeats Itself Until We Learn From it And Change Our Path - Karma

Image
Have you ever tried to wish things away or pretend a particular problem will go away if you just ignore it? I have; a considerable number of times. But do they go away? Most times, they don't. Let's take this scenario for an example: you visit a doctor for your regular check-up and the learned man advises you to watch your diet because you are becoming obese; or, your bank account radar tells you that you are on the fast lane to bankruptcy - if you continue in your loud lifestyle. Then what do you do? Relax and wish it away? I've heard many advice that sometimes, all you need to do is to give " that challenge"  some time - allow it slide - and things would get sort out (by itself). Most times, we declare, It will pass, give it time. But does every problem require this passive approach? No. Going back to the sited examples above, if you don't heed your doctor's advice by actively  watching your diet, you will end up obese and sick. And of course, ...