Companies have gone out of business due to change, whether it was anticipated or not, while others have emerged stronger. Even the popular brands like Kodak, Atari, Blockbuster, Netscape, and Nokia dipped their businesses as they refused the latest technological changes and continued using outdated business methods. Businesses cannot rebrand to meet the market’s needs...
Leaders mostly have vision for the future. The vision has been deliberately and purposefully designed. The leaders are noticeably clear and optimistic about the results they shall deliver. But the issue is that the members of the team around you are not buying in. When you create the vision, people are unbiased and unaffected at best. You...
With organizations coming back on track, the competition in the market is seen like never before. Companies are finding new and faster ways to win the touchline by equipping with the latest technology and tools to enhance their processes and systems of work. Value stream mapping is a widely used tool to determine the prevailing...
Kenya, the entry point to the East African market, has also been affected by the recent pandemic’s challenges and disruptions. However, the situation deteriorated this time as external factors contributed to the difficulties. The Ukraine-Russian conflict has heightened concerns about the Kenyan economy. During these upsurges it is announced that there would be a rise...
An organization needs to pay close attention to facility layout to have an effective and efficient manufacturing unit. A facility layout is the proper arrangement of various aspects of manufacturing to achieve the desired production results. The placement of facilities in the plant area, also known as the “facility layout problem,” has been shown to significantly impact manufacturing costs, work in process,...
Do you keep delaying the work you do? The delay might be due to multiple reasons including your habits, boredom, or mistake in your thinking. We do feel bad about this delay that we do. We criticize ourselves for it. But once we understand the cause for the delay, we can strategize our work. Today,...
Courageous leaders understand that their job entails doing important work for others. And, because there will always be differences of opinion and limited resources, they are willing to engage in difficult conversations and deliver bad news tactfully, even if the news may be hurtful to the other person. Courageous leaders encircle oneself with people who...
Leaders are currently under constant strain from two sources. The first one is the intense pressure to deliver excellent short-term results despite big changes in what consumers need and want, where and how people might choose work, and whether supply chains function at all. The second pressing need is to convert — to reinterpret the...
In a society concerned with assessing ability and competence, we frequently overlook the critical role of inspiration. Inspiration allows us to see new possibilities by helping us to soar above our daily experiences and constraints. Inspiration changes a person’s view of their own potential, moving them from apathy to possibilities. Inspiration is frequently overlooked because...
The transition from one generation to the next is one of the most distressing processes a company can go through. Facts from research say only 13% of family businesses in India survive, and only 4% organizations survive to the 4th generation. Since the early 1980s, academics have been studying family businesses as a unique and...
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Copyright ©2022. All rights reserved. Web Design by Interactive Webstation.
