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Value Based Leadership toward Business Success

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Values-based leadership (VBL) is based on core values, setting the foundation of how everyone in a company will engage and creating an expectation that the leader always operates for the greater good of all. The idea is that the leader has a well-developed character that establishes an environment of mutual respect, fairness, and trust, at a minimum. VBL serves as the guiding force to create a healthy company culture. It all starts with the leader. Here are a few key highlights for anyone considering a values-based leadership model for an organization. THE ATTRIBUTES OF VALUES-BASED LEADERSHIP Four basic attributes create the character of a values-based leader: self-reflection, grace, agility, and influencing responsibility. Each of these attributes has various components. Self-reflection:  The components of self-reflection are Honesty:  Uncovering your strengths, embracing your weaknesses Authenticity:  Saying and doing what you mean, leading by example

The Balanced Scorecard-Measure that drive Performance

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In layman’s terms, a  balanced scorecard  is a set of quantitative metrics that a company can track and report on, hopefully to all employees. Simply put, a balanced scorecard provides a snapshot of the performance of a company (or individual, department, or business unit) compared to its objectives. Firms that select the right metrics to measure and effectively communicate those metrics reinforce their organizational line of sight between the organization’s purpose, values, vision, and strategic plan. Under this system, daily operations are clearly connected to programs and services that themselves ultimately link to long-term goals. Measuring, tracking, and communicating performance goals on an organizational level, as well as the employee level, reinforces this mutual commitment. The balanced scorecard allows managers to look at the business from four important perspectives. (See the exhibit “The Balanced Scorecard Links Performance Measures.”) It provides answers to fo

Digital: Lead Generation strategy

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The Battle for Attention: Introduction Startups with a strong social media presence understand that it takes more than a funny cat meme or inspirational Facebook post to get customers. In a world where over  30,000,000 Facebook messages  are created every single minute, startups face an uphill battle in the search for potential customers, funders, and advocates. Getting the right attention, at a high enough level, is harder than it looks – but lead generation can be developed as a strategic way to solve that problem. While increasing their social media audience is an important goal of most businesses, it usually isn’t the primary goal. Most businesses, especially startups, use social media because they want to make more money. Why Lead Generation on Social is Critical. A lead is someone who has expressed interest in your business .An example could be online A lead is not a customer yet, but they are on the path to becoming one.Leads are high-value marketing tar

how taxes affect economy on the long run

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Taxation  is play a very important role in the management of every economy and must be designed in a way that everyone contributed to the national development To ensure the  economy productive and sustainable, is to expand trade and to create jobs to all citizens. Consultation with  various stakeholders  need proper reviews to ensure tha the new regime when implemented would reflect the country economic management priority. Economic activity reflects a balance between what people, businesses, and governments want to buy and what they want to sell. In the short run, demand factors loom large. In the long run, though, supply plays the primary role in determining economic potential. Our productive capacity depends on the size and skills of the workforce; the amount and quality of machines, buildings, vehicles, computers, and other physical capital that workers use; and the stock of knowledge and ideas. Incentives By influencing incentives, taxes can affect eac

Revenue mobilisation in Africa continues to improve

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The mobilisation of domestic resources is improving steadily in African countries, according to new data from Revenue Statistics in Africa 2017 released Friday in Addis Ababa, Ethiopia. This was disclosed at a meeting of tax and finance officials from 21 African countries hosted by the Department of Economic Affairs of the African Union Commission (AUC). The average tax-to-GDP ratio for the 16 countries covered in this second edition of the report was 19.1 percent in 2015, an increase of 0.4 percentage points compared to 2014.  The release copied to the Ghana News Agency, each country has experienced an increase in its tax-to-GDP ratio compared to 2000, with an average rise of 5 percentage points. It said revenue Statistics in Africa 2017 includes revenue data for twice as many countries as the first edition, providing comparable data on tax and non-tax revenues. The 16 participating countries were: Cabo Verde, Cameroon, Democratic Republic of Congo, Côte d'Ivoire, Ghana, Kenya,

Adopting robust asset management system to businesses

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       Business in the current age need to adopt and effective robust asset management system and programmes to enhance their efficient operation.    In today digital age, business failed to pay attention to their asset and end up spending huge some of money on them later instead of maintenance .This could be resolve if organization put adequate maintenance plan in place to increase their    life span of their asset and equipment.     Asset management when implemented properly will impact positively on the well being of all industrial establishment and could help organization to achieve their goal and objectives.Asset life cycle is likely to increase if it inculcate the culture of maintenance and concept of asset management and that organization begin to train their staff to understand the important of asset management programmes.    In addition to the above, asset management will    help business keep track record of all asset in stock and to ensure recovery promptl

Building Customers-Driven Business

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I’ll start with some key points that will enable your organization’s customer care work to become valued and considered critical to driving growth. . The work must rise above the fray of being defined by problem solving or chasing survey scores. The following  5 Customer Leadership Competencies  clarify the enabler of embedding these competencies into the organization. They define leadership behavior of world-class organizations focused on customers and employees. And they impact how these organizations decide to grow, how they lead in unison, how they identify and resolve issues, and how they collectively build a ‘one-company’ experience. 1: Honor and Manage customers as assets Know the growth or loss of customers and care about the “Why?” The goal here is to align leaders to make a defining performance metric – the growth or loss of your customer base. Customer Asset Measurement is about knowing  what customers actually did  to impact business growth or loss versus what t