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It is the desire of every organisation to make the best use of its financial, technological, and human resources. Hence, they employ a gap analysis to know where they are falling short and how to solve the problem identified. A gap analysis is a technique an organisation uses to analyse its current condition and compare
Gap Analysis: The 4 Steps of How To Conduct One (With Examples) Read More »
Myron L. Rolle, a former NFL player became a senior neurosurgery resident at age 33. Talk about self-improvement! He went from receiving a scholarship to a prestigious private high school to being a top-rated recruit at Florida State University. He also received a Rhodes Scholarship to study at Oxford, played football in the NFL, and
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At a business conference, a question was asked about the types of businesses that were more likely to reach their true potential. It was debated that only businesses that value and embrace an inclusive approach to relationships will experience growth and efficiency. The reverse will be the case for businesses or organisations whose relations with
5 Major Conflict Resolution Skills You Need To Learn Today! Read More »
What is The Peter Principle? There are people who after being promoted become unhappy. The reason may be because they are struggling and are unable to cope with the new demands of the job. This situation is what the Peter Principle theory explains. The Peter principle is a common occurrence in organisations with hierarchical structures.Â
What is the Peter Principle? Theory and Examples Read More »
What Are Business Tactics? Business tactics are specific steps that are taken to actualize goals in the short term and long term in an organisation. Tactics are influenced by an organization’s strategic goals. Business tactics are also known as micro strategies. They are micro-strategies that capitalise on specific business conditions as they happen. They are quick-to-implement
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Definition of Succession Planning Succession planning is the development of the talent pipeline in an organization so that critical roles can be quickly filled up once they are vacant. It is a long-term endeavor as it prepares potential candidates to fill executive and leadership roles in the future. Because an organization’s leadership is critical to
Succession Planning: Definition, Procedure and Examples (Apple and IBM) Read More »
What Is A Contingency Plan? Contingency planning is the process of preparing ahead of time in the event that a disaster or an unpleasant event occurs. The scale and nature of random events are unknown, this is true. However, because bad events are a part of life, organisations and leaders often have contingency plans created
What Is A Contingency Plan? Here Is Why Your Company Needs One! Read More »
The acronym KPI stands for “Key Performance Indicator.” Every business recognizes the value of incorporating data into its decision-making processes. Organizations uses data and metrics (KPI) to assess how close they are to actualising their success goals or business objectives. Again, KPIs give teams goals to strive for and milestones to track progress. It also
Business KPI’s: Definition, Types, and How to Develop Them Read More »
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