Browsing Category
Leadership & Management
The making of great companies
No company ever starts out with the intention of failing. Every company hopes to become so great and successful that not only will it yield heart-warming returns to its owners, but will also become a standard for others. But…
Choices that determine leaders’ success
Most leadership failures are traceable to poor choices. Poor choices made by leaders result in bad decisions which lead to undesirable results. How strong, stable and successful a company gets is determined by how sound and profound its…
How organisations create 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 the organisation an edge. But this advantage doesn’t just pop up, it must be created by those…
How businesses can thrive during peak and trough
Business never follows a linear path. Rather, business runs in cycles; boom and bust, peak and trough, good and bad, great and tough. However, irrespective of the cycle in which a business finds itself, the stakeholders’ expectations remain…
Leaders and limits of sentiments
Leaders sometimes run into troubled waters as a consequence of their failure to see issues as they really are. When leaders have a wrong perception of an issue, the issue will be wrongly diagnosed, wrong solutions will be prescribed and…
Marketing during crises
Peter Drucker, who is regarded as the father of modern management, said “Because the purpose of business is to create a customer, the business enterprise has two – and only two – basic functions: marketing and innovation. Marketing and…
Developing mental toughness to defeat crises
In their work, Communication, Organization, and Crisis, Matthew W. Seeger, Timothy L. Sellnow and Robert R. Ulmer describe crises as specific, unexpected, and non-routine events or series of events that can create high levels of…
Managing information during crises
Mismanaging information can bring a company down in normal times. But the destructive propensity of information mismanagement comes in bold relief during a crisis. This is because during a crisis, everything is in a flux;…
Why leaders lose relevance during crises
A crisis reveals more than the state of an organization, it also reveals the underbelly of leaders. It reveals the sensitivity and sensibilities of leaders as well as their capacity to handle pressure. A time of crisis is an unusual time…
5 disciplines of success
Haroldson Lafayette Hunt Jr., popularly known as H. L. Hunt, an American billionaire oil magnate who became wealthy by trading poker winnings for oil rights, said the key to success is “Decide what you want, decide what you are willing to…