Management can be defined as the art of analyzing, setting and meeting predetermined goals utilizing others’ skills and abilities. These goals can include; returns on investment of twenty (20%) percent per annum, increases in production efficiency of over three (3%) percent this year, a five 5% percent increases in market share within the next year, and once judged to be attainable becomes the driving focus of the organization. It is goals like these that the selected (President, Chief Executive Officer, General Manager, Managing Director, etc.) top leader is contracted to achieve and is the basis for remuneration.
Saturday, November 29, 2008
Saturday, November 22, 2008
Money (The Happiness Index)
Many in society see money as the solution to most if not all of its problems. This is quite understandable when we look at the levels of unemployed or unemployable in the society. It is still reasonable when we examine the amount of “working poor” (people who work but do not earn enough to meet their basic needs) in society. It becomes more difficult to accept when employed people with high salaries (twice or three time their basic needs) have low or no savings or net worth. It is impossible, to comprehend when there are people with high net worth who are simply not happy.
Saturday, November 15, 2008
Information-based Planning
Planning, by countries or by sectors or by groups or by individuals, is the most essential activity that affects all aspects of life and has always been so. Countries must plan to improve the standard of living it offers its citizens. Sector planning delivers economic efficiency on goods and services internationally. Goal oriented Groups must constantly re-examine activities to produce the desired results. Individual planning is and always has been driven by decisions and actions taken by groups, by sectors, by countries. An independent statutory (established under law) well-funded well-staffed statistical organization, that compiles using tested methodologies and issues reports on a regular timely basis, is needed to drive strategic planning and decision-making.
Saturday, November 8, 2008
Parenting your Business
Much in the same way parents would think about their child, entrepreneurs must be concerned about business. The love, the health, the development must all be considered in the context of external factors.
From birth your project needs you to provide its nutrients, shelter or location, security and attention. A gestation period is important for you to prepare or plan for every foreseeable and unforeseeable event. A good plan must include how to deal with intangibles when difficult situations arise, if for one reason or another you are unable to provide inputs on time or some tragedy affects your ability to function, the plan must address and point to solutions to give you the strength to carry on.
From birth your project needs you to provide its nutrients, shelter or location, security and attention. A gestation period is important for you to prepare or plan for every foreseeable and unforeseeable event. A good plan must include how to deal with intangibles when difficult situations arise, if for one reason or another you are unable to provide inputs on time or some tragedy affects your ability to function, the plan must address and point to solutions to give you the strength to carry on.
Saturday, November 1, 2008
Guiding a Nations Youth
Many among us wonder why crime has become so wide spread and brutal. Some say that it was always so, it is just being more widely reported due to the technology now available to journalists. Others say that the education system lacks discipline and has excluded and failed many. Yet others say that the police are not doing their work. The most widely accepted explanation is based on the financial rewards of illegal drugs and the trafficking of said drugs leading to turf wars and the need for guns to protect such turfs. Whatever the reasons, the solution is to build a strong morally based, highly educated and tolerant society.
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