Category: how-to

8 Tips For Improving The Financial Management Function In Your Business.

Financial Management means planning, organizing, directing and controlling the financial activities such as procurement and utilization of funds of the enterprise. It means applying general management principles to financial resources of the enterprise. Many small businesses understand the relevance of having a good financial management function in their organisations such that growth and finances are …

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One Key Success in Business Lies in the Ability to Align Strategy to the Organization’s Capacity

One Key Success in Business Lies in the Ability to Align Strategy to the Organization’s Capacity Strategy is a word often used by business leaders. Whereas many of them have a fair understanding of what it is, a good number of them will also struggle to explain what exactly it is. Moving to business strategy, …

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Business Tip – Leverage on your strengths

No enterprise exists without challenges; industrial or those unique to the business. It is very tempting for organisations to focus more on bridging gaps and handling challenges when in fact they can instead focus on leveraging on their current strengths. Certain business strengths become unique competitive advantages for business to not only survive, but also …

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Success Tips to Time Management: Work smarter

Over the course of your career and personal life, you could have taken a time management class, read about it in books, and tried to use an electronic or paper-based day planner to organize, prioritize and schedule your day. “While, with this knowledge and these gadgets,” you may ask, “do I still feel like I …

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5 things you and your CEO are expected to know about digital technology

A few years ago, while I worked in a leading business and management consultancy firm, I became a huge fan of Management Guru – Peter Drucker. In one of his books called “Innovation & Entrepreneurship’, he articulated that the future is happening now and if you do not believe it, look around for yourself and …

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The 6 step guide to developing a marketing plan for your business

In our previous article “how a well-developed marketing plan simplifies your everyday marketing job”, we defined what marketing is and its importance in the day to day growing of your business. Today we share with you the guide that could help you develop an effective marketing plan for your business. Marketing can take many forms …

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Need for compliance: Business tip

The concept of compliance is to make sure that corporations act responsibly. Compliance comprises of the statutory, company or organizational regulations on lawful and responsible conduct by the company, its employees, and its management and supervisory bodies. Compliance with regulations may be a complex issue, and with the regulations constantly changing, it may be hard to keep …

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How a well-developed marketing plan simplifies your everyday marketing job.

Many business owners today fail to see the benefits of incorporating a Marketing plan in the overall strategic business process. It is so sad how many businesses today do not know what it means to even have one. Perhaps the most vital aspect of any business is the marketing plan. This marketing plan at most …

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If you could read one article about Focus, read this one!

In one of the whatsapp groups that I regularly engage, we were talking about Michael Jordan and one of the members asked how successful people manage to keep their high levels of focus and consistency. Right there and then it hit me that with all of today’s being “plugged-in” it becomes quite easy to keep …

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5 Strategies to managing multiple bosses in a Matrix Reporting structure

The dynamics of the workplace today are rapidly changing. Companies today are adopting more collaborative approaches to handling their day to day operations and these new approaches are breaking down barriers both between generations and between the traditional hierarchal approaches dictated previously by the tall organisational structures. Today, more than ever before, the rate of …

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