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Leadership & Management
How companies build competitive advantage
The key to getting ahead of other players in a sector or industry is to have a competitive advantage. This is the advantage that gives one an edge. But this advantage doesn’t just pop up, it must be created by those who seek it.…
5 success-enhancing beliefs
Beliefs are powerful; they shape perspective and define behaviours. Beliefs either enhance or vitiate life. What we believe either strengthens our resolve or weakens it. Beliefs determine actions and inactions. The fundamental difference…
Assumptions that ruin businesses
According to a 2018 publication of the United States of America-based Small Business Administration, four out of five business outfits which started operation in 2016 managed to last till 2017, that is about 80 per cent success rate.…
Cause and effect in leadership
Cause and effect is the principle that rules the world. Nothing happens for nothing; everything happens for a reason. Nothing happens without a cause; every manifestation is a response to something else. Rains don’t just fall; rainfall is…
When your industry is challenged
This is a very difficult time for many industry leaders. Technological advancement has caused so much disruption in so many industries that many industry leaders are at their wits’ end. Technology has changed the way many businesses are…
The effective leader
An effective leader is the delight of every one; superiors, contemporaries and subordinates. His superiors speak highly of him because he never lets them down; he always comes up with delightful results. His contemporaries are pleased with…
How leaders bring out the best in subpar performers
All leaders love to work with team members who are high performers. High performers are self-motivated, passionate, energetic, and they deliver high value. They require less supervision, get the job done in good time and often exceed…
When a leader goes down
Since the rape scandal involving Pastor Biodun Fatoyinbo of the Commonwealth of Zion Assembly (COZA) came to the fore, he has become everyone’s whipping boy. He is the butt of every joke, the villain on everyone’s lips and the crook that…
The power of choice
Before Lance Armstrong was diagnosed with metastatic testicular cancer in 1996, he had built a reputation as a successful professional cyclist, having won the World Championship in 1993, the Clásica de San Sebastián in 1995, and Tour DuPont…
Leaders and employee motivation
One of the major worries of leaders and managers is how to motivate their staff for optimum performance. The reason is not shrouded in any mystery; the wellbeing of an organization (output, liquidity, stability and reputation) is consequent…