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BUSINESS

Strategic Human Capital Management: Best Practices for Success

9th February 2024

  Research often explores the role of human capital in driving economic growth and competitiveness globally. Enter the dynamic realm of Nigerian enterprises, where the orchestration of success is steered by the sophisticated dance of Strategic Human Capital Management (SHCM). In this article, let’s delve into the refined strategies that can convert multifaceted challenges into … Continue reading Strategic Human Capital Management: Best Practices for Success

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Uncategorized

Market Competition Risks: A Strategic Guide for Firms in Nigeria

  In the bustling landscape of Nigeria’s business sphere, where cultural richness meets economic intricacy, market competition is the crucible where companies shape their futures. The dynamics of this competition are marked by both opportunities and risks. This article serves as a compass for firms in Nigeria, offering a strategic guide to not only weather … Continue reading Market Competition Risks: A Strategic Guide for Firms in Nigeria

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BUSINESS

A Guide to Crafting a Positive Business Strategy

30th January 2024

  A Harvard Business Review analysis reveals that companies with a positive culture experienced a 20% increase in sales and 1.2 times higher profitability, showcasing the tangible economic benefits of infusing positivity into business practices (Harvard Business Review, ‘The Comprehensive Business Case for Sustainability’). In the vibrant tapestry of business, success is not only measured … Continue reading A Guide to Crafting a Positive Business Strategy

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Uncategorized

How To Strategically Use Technology for Business Growth

25th January 2024

  According to Yusuf Adegoke, a prominent entrepreneur, “Technology is the cornerstone of business efficiency in Nigeria. It not only streamlines processes but unlocks new avenues for growth and market penetration.” Embarking on a transformative journey, Nigerian enterprises stand as exemplars in the strategic integration of technology to redefine operational efficiency. This in-depth exploration seeks … Continue reading How To Strategically Use Technology for Business Growth

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BUSINESS

How To Leverage Diversity for Business Growth and Sustainability

22nd January 2024

  In an era marked by unprecedented global challenges and a rapidly changing business landscape, the notion of resilience has transcended mere survival, it has become synonymous with adaptability, innovation, and sustainability.  According to a McKinsey report, companies in the top quartile for gender diversity are 21% more likely to outperform their counterparts, while those … Continue reading How To Leverage Diversity for Business Growth and Sustainability

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BUSINESS

Creating Robust Business Strategies for Business Success

20th January 2024

  A McKinsey report reveals that companies that excel in strategy implementation achieve a 68% higher win rate in the marketplace. This statistic underscores the importance of not just formulating strategies but also executing them effectively to gain a competitive edge (McKinsey, ‘The Eight Essentials of Innovation’). In the dynamic arena of business, success is … Continue reading Creating Robust Business Strategies for Business Success

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BUSINESS

Leverage Circular Economy Strategies for Sustainable Business Growth

18th January 2024

  “According to the Ellen MacArthur Foundation, transitioning to a circular economy could unlock economic opportunities worth $4.5 trillion by 2030. Furthermore, a report estimates that adopting circular economy principles could bring about a net material cost reduction of $340-380 billion annually in the fast-moving consumer goods sector alone. In the ever-evolving world of business, … Continue reading Leverage Circular Economy Strategies for Sustainable Business Growth

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BUSINESS How To

How To Use The Business Model Canvas Template And leverage It For Business Success

8th October 2021

  The Business Model Canvas (BMC) has presented start-ups and existing businesses with a great strategic management template for developing new business models and documenting existing ones. It is therefore useful and important to understand how to use and leverage it for business success.  Read more about Business The Business Model Canvas was proposed by Alexander … Continue reading How To Use The Business Model Canvas Template And leverage It For Business Success

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BUSINESS

Key Reasons You Need A Bankable Business Plan And Guides For Developing One

7th October 2021

  A business plan is a written description of your business’s future. That’s all there is to it–a document that describes what you plan to do and how you plan to do it. Whether you are planning to start a business, running, or expanding an existing one, a business plan is very useful for business … Continue reading Key Reasons You Need A Bankable Business Plan And Guides For Developing One

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BUSINESS

Practical Ways To Attract And Retain Talents For Your Small Business

4th October 2021

  It has been estimated that over 75% of small businesses have challenges attracting the right type of talents to join their organizations. Below are some of the ways small businesses can compete and win in the talent marketplace: Read more about Business Have basic sustainable business structure and systems in place: Let’s look at … Continue reading Practical Ways To Attract And Retain Talents For Your Small Business

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BUSINESS

Practical Guide On Building Systems And Structures For Start-ups And Existing Small Businesses

2nd October 2021

  Every business has a way of operating that makes it completely different from any other business in the world. Have you wondered to observe why some companies keep attracting and retaining high performing workers while others struggle to keep just a handful? Have you ever walked into some business premises and without being told, … Continue reading Practical Guide On Building Systems And Structures For Start-ups And Existing Small Businesses

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BUSINESS

Business And Spirituality: Connecting The Dots For Business Success

29th September 2021

  “Business and Spirituality” is not a commonly discussed and highly contextualized topic in most business environments. Be it as it may, a lot of us would have encountered or made spiritual experiences at some point or regularly. To put things in context, spirituality is not the same as religion, though there is a correlation … Continue reading Business And Spirituality: Connecting The Dots For Business Success

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BUSINESS

Basic Things Entrepreneurs Need To Know To Grow Their Business Successfully

27th September 2021

  Change and challenges are constants in life and the business world is no exception. Understanding the unique issues faced by businesses and how to adapt can help you be more successful. Like Peter Drucker said, “The entrepreneur always searches for change, responds to it, and exploits it as an opportunity”. Read more about Business Some … Continue reading Basic Things Entrepreneurs Need To Know To Grow Their Business Successfully

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BUSINESS How To

How To Leverage Your Small Business For Growth And Sustainability

24th September 2021

  The concept of “leverage” has the power to get you more time, better fitness, career, development, business success, financial freedom and relationship contentment. Leverage can help you save time and money, gain expertise and more. Read more about  Business What Is Leverage? The literal definition of leverage is using a lever to exert force … Continue reading How To Leverage Your Small Business For Growth And Sustainability

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BUSINESS

How To Fund Your Small Business With Ease

22nd September 2021

  A lot of businesses have challenges accessing or attracting the right and/or affordable funds for their business. Read more about Business The National Bureau of Statistics (NBS) 2017 national survey of MSMEs shows that 89.6% of the surveyed SMEs rated lack of access to finance as the most important encumbrance in the area of … Continue reading How To Fund Your Small Business With Ease

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BUSINESS

How To Use Knowledge Management System To Grow And Manage Your Small Business

20th September 2021

  Knowledge, they say, is power. Every business depends on the flow and application of specialised knowledge. Small businesses, especially, face major challenges to survive and excel in the highly competitive environment in which they currently operate. Therefore, Knowledge management (KM) and successful implementation of knowledge management systems (KMS) are of key interest to many … Continue reading How To Use Knowledge Management System To Grow And Manage Your Small Business

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BUSINESS

African Continental Free Trade Area (AfCFTA) Agreement Opportunities For Nigerian MSMEs

17th September 2021

  In the words of Cyril Ramaphosa, President of South Africa ‘A  free trade area for Africa is going to be like a flood. A flood that is going to lift all the boats. It is more about all of us. All countries of Africa participating – big and small.’ The AfCFTA has been lauded … Continue reading African Continental Free Trade Area (AfCFTA) Agreement Opportunities For Nigerian MSMEs

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BUSINESS

Micro Small And Medium Enterprises (MSMEs): Know Where You Belong!

15th September 2021

  Several people and businesses have missed opportunities because they were not sure they fit into the category of possible beneficiaries of propositions. To put things in context, let us delve into understanding, contextualising and identifying with the different relevant categorisations of MSMEs for possible opportunities when they arise. Read more about Business The relevance … Continue reading Micro Small And Medium Enterprises (MSMEs): Know Where You Belong!

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BUSINESS

Key Benefits Of Joining A Business Association

13th September 2021

  Remember that saying, “If you want to go quickly, go alone, if you want to go far, go together”. An individual is likely to get a richer and more fulfilling experience at whatever he or she does if joined together with others of the same mind, this is also applicable to businesses. Read more … Continue reading Key Benefits Of Joining A Business Association