Tuesday, 31 January 2017

Identifying the leading competitors in your industries with their Strengths &Weakness ,untapped opportunities and how best your company can stand out as a Leading brand in the Industry.

In a recent study ,roughly 66 percent of new businesses survive two years or more, 
50 percent survive at least four years, and just 40 percent survive six years or more. 

In this dwindling economy, the competition is more intense ,profits margins have 
drastically reduced ,more businesses are barely surviving while some business have 
permanently shut down .

To that end ,like never before latest information about leading competitors,untapped 
opportunities in your industry and unidentified wastage in your company is very 
crucial and how your company could be leading brand is very paramount. 


² Identifying the leading competitors in your industry and probing into the 
   strength,weakness,threats and opportunities open to them

² Identifying your company’s strength,weakness,threats and opportunities      
    yet to be maximized.

² Redefining the company’s mission ,goals and objective

² Functional requirement and technology requirement for sustainability in business

Outcome of project

² Assessed core competencies,weakness,threats and opportunities your company 
in being a Leading Brand in the industry.

² Identifying core similarity of leading brands and what makes them stand out

² Evaluating your company’s financial capacity for change readiness .

² Evaluated your company’s management and organizational culture in terms of 
    change readiness .

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The Secret to Productivity: Work Less, Get More Done

Founder of AVirtual
If only. Most of you are probably thinking, but it’s not quite as unrealistic as it sounds. Working for fewer hours each day is actually proving better for concentration, health, and productivity.
We are all time wasters. That might seem like a harsh statement, but it’s almost impossible not to be when we’re chained to a desk for long, inflexible hours surrounded by multifold temptations to procrastinate. In Forbes last year, Cheryl Connor revealed that people who now admit to wasting time at work every day has reached a whopping 89% (up more than 20% than the year before), supplementing her argument with shocking statistics from a CareerBuilder Poll which blamed unsurprising suspects for the demise of hard work (social media, gossip, smoking, internet browsing, phone calls, etc.) and essentially came to the conclusion that we’re all a bunch of no good slackers.
In my view though, we’re not the ones to blame. It’s the outdated structures around which business is based: inflexible working weeks, unreasonable hours, and ridiculous expectations.
Last year, Filimundus, an app developer based in Stockholm introduced the 6-hour working day with minimal meetings, social media banned and distractions eliminated, following the lead of another tech company, Brath, who made the leap three years ago. Linus Feldt, the company’s CEO told Fast Company, “To stay focused on a specific work task for eight hours is a huge challenge. In order to cope, we mix in things and pauses to make the work day more endurable.”
Banning social media seems extreme, particularly when platforms such as Twitter, Facebook, and blogs are positively transforming the way we do business, allowing companies to reach new audiences, increase sales, and foster customer relationships across the globe. However, the concept is an important one and it demonstrates a shift away from an outdated and highly restrictive professional structure.
The 8 hour working day is based on the idea that employees are productively working for those 8 hours, but, tweeting and gossiping aside, even when employees are actually “on the job”, productivity is still a struggle with concentration continually disrupted by emails, phone calls, and meetings.
Then there’s the serious health risks of working long hours. A frightening recent study published in Science Alert reported that individuals working 55 hours or more per week had a 33% greater risk of stroke and a 13% increased risk of developing coronary heart disease. This could relate to the inactivity of employees, but also to high stress levels. When we are expected to work or exceed conventional hours, there’s not enough time leftover to properly unwind. With shorter or flexible office hours that allow people to leave when they’ve completed their work, employees feel rewarded and proud of what they’ve achieved. They start to associate the office space with productivity rather than boredom and exhaustion.
Most importantly, people get to leave with enough energy to enjoy spending time with their families, to exercise, to learn, and to relax, so that when they return to the office the next day they’re refreshed and enthused rather than exhausted. Working less hours shouldn’t mean you get paid less either. Most companies would be willing to pay the same salaries for a higher productivity and fewer hours, if that meant for bigger profits and faster development.
Happiness at Work survey run by Nic Marks in 2012 showed that happy employees are 3 times more creative, sales increase by 37%, and productivity by 31%. Redesigning office spaces, introducing team yoga lessons and better food all help with morale in the short term, but it’s the long term restructuring that’s going to make the biggest impact.
Shorter days in the office means a happier, healthier and more productive workforce. What have we got to lose?

3 ways business owners can create loyal customers

DIRECTV   Customer Loyalty 02DIRECTV
Every day, millions of Americans frequent their favorite businesses for goods and services. As customers' needs change over time, businesses must keep a close eye on trends and consumer habits to secure long-term customers. Here are a few ways businesses can grow with their customers to maintain loyalty.

1. Be social

Social media should be a no-brainer for business owners as a way to foster loyalty.
According to a study from the Pew Research Center, 65% of American adults had at least one social media account in 2015. In fact, 79% of internet users in the US — 68% of all US adults — use Facebook.
Not only does social media provide business owners with the opportunity to connect with millions of potential customers, it also allows them to retain existing customers through brand promotions. But there are more ways to engage consumers than tweeting back and forth — prizes and giveaways are a great way to showcase new products or services.

2. Keep them entertained

If you have a popular business, you've probably had customers waiting for a few minutes or more — Americans spend roughly 37 billion hours each year waiting in line. Why not entertain these customers with their favorite TV shows, movies, and/or sporting events while they wait?
No matter your business, be it a bar or a hair salon, your customers will thank you. It helps break the ice for groups who have run out of things to chat about and benefits people who are tired of staring at their smartphones.
TV entertainment can also help customers who are looking for a healthy distraction, whether they're trying to kill time on the treadmill at the gym or nervously waiting at the doctor's office.
Pay-TV providers like DIRECTV for BUSINESS™ offer affordable bundles for business owners looking to give their customers the ultimate entertainment experience.

3. Embrace apps

Smartphone apps have become one of the biggest growth drivers in digital media, representing 80% of overall growth over the past three years. A comScore study showed that the average American spends 73.8 hours a month on a smartphone.
Smartphone apps are swiftly becoming the gatekeepers of the internet, and business owners need to take advantage. It may not be feasible for every business to develop its own app, but businesses can amp up their brand visibility by creating a presence on some of the most popular apps.
There are also several apps designed to help business owners succeed. Whether an app helps team members communicate faster and more efficiently or helps save time between projects or orders, there are plenty of tools that can help businesses sharpen their productivity.
As the industry continues to grow and embrace technology, business owners should be responsible for monitoring patterns with their customers and take note on how consumers interact with businesses and brands. When business owners explore different ways of engaging customers, they succeed in building loyalty.

Butcher’s Son that Emerged Overall Best Medical Student from Olabisi Onabanjo University


Saheed Alabi graduated from Olabisi Onabanjo University, OOU, as the overall best medical student, in spite of his humble background as the son of a butcher father and a mother who sells herbs.
In an Interview with Linda Ikejis Blog he shared what his journey was like and his plans for the future. He spoke on the journey to where he is now, he revealed that it was both smooth and rough, however, he said he does not regret the rough patches because, without them, one would not learn all they need to learn in life.
He said:
“For me, my rough patch was getting into medical school. Sometimes, money becomes an issue and you have to struggle, then hopefully scholarship comes through which you get some funds to augment what you have. The federal government scholarship was so helpful and also MTN foundation. I got the MTN foundation sponsorship just once due to the problems within my school.”
“Within the terms of agreement, the school was to forward my result every session, but the school defaulted when in the second year so I couldn’t continue on the Fund. I got the MTN fund for one year and the Federal government sponsored me for 5 years.”
Saheed already got a first degree in Science lab technology from Yabatech. After his first degree, he still nursed the dream of becoming a doctor, so he applied at the University of Ibadan and was offered Zoology instead of medicine. He did that for one year then left, retook JAMB exam before he finally got admitted into OOU to study his dream course.
He said:
“It took me eight years to study medicine due to strike; internal strike, NMA strike, ASUU strike… all of them will affect us as clinical students. If there’s no hospital, there’s no teaching laboratory, because the laboratory of medical students is the teaching hospital. So when the hospital is on strike that means there are no patients to teach medical students”
When asked whether he would have coped on just his parent’s income, without the funding he received, Saheed explained that it would definitely have been tougher, considering the cost of most medical textbooks. However, he explained that his parents still did their best and went above and beyond for him and his other three siblings.
He continued:
“My mum most especially has been very very supportive, but without the government funding, it would not have been so smooth as I had it. Most people did not know who my parents are or what they do because I was able to meet up with my peers, carried all the textbooks my colleagues had, I didn’t really suffer much due to the funding, both from home and from the board.”
Saheed agreed that he did not read the most, but that he succeeded by observing himself to know what worked best for him and he followed that formula to get to where he is today. He also said his lecturers and mentors had a huge part to play in who he has become today.
Saheed hopes to travel abroad and further his education, then return to Nigeria to impact his community. He said he is still trying to decide between becoming an academic or going the clinical way. He revealed that he’d love to do both, but has been told one will suffer. He, however, is bent on making the effort and watching to see how it goes.

Monday, 30 January 2017

5 Money Habits That Separate the Rich From the Poor (Most May Surprise You)

People assume that the rich live in mansions, take lavish vacations, and dine in fancy restaurants every night.

CREDIT: Getty Images
A lot of people assume that the rich live in mansions, take lavish vacations, and dine in fancy restaurants every night. Nothing could be further from the truth. A small percentage of the well-to-do may live that way, but as Thomas Stanley and William Danko pointed out in the best-selling Millionaire Next Door, most of the people in the nation's highest tax brackets live modestly and look no different from the less affluent.
Below are five money habits that separate the rich from the poor, and most may surprise you.
1. They live beneath their means.
They own moderately priced used cars and drive them until they're on a first-name basis with their mechanic. They live in modest homes in average, middle-class neighborhoods. They clip coupons. They cook and eat at home. They buy their clothes off the rack and on sale. They drink beer rather than champagne. Most importantly, they don't spend more than they earn--they live well below their means and invest the surplus in things that are important to them and will provide for their long-term well-being.

2. They don't try to keep up with the Jones'.
They don't try to impress anyone. They don't belong to exclusive clubs or host lavish parties. If they belong to a social or sports club, it's usually to network or further their business interests. When they engage in such activities, they usually get a return on their investment. They understand that lifestyle creep--buying a more impressive home, driving a pricier car, or wearing fancier clothes--is a danger to their pocketbook.
3. They work for themselves.
The rich tend to be entrepreneurs in boring but stable industries. They understand that it's difficult to increase their own fortunes if they spend their days working to pad someone else's bank account. They know that when you own your own business and can supply a product or service for which there's a steady need, you will likely do well and never want for an income.
4. They don't provide financial life support to others.
They worked hard to earn their money--they didn't inherit it or win it in the lottery--and because it wasn't handed to them they believe that it shouldn't simply be handed to others. When family or friends ask for a loan, they may say yes but there will likely be conditions and it will likely be for something that empowers the recipient (i.e., money for education or a business venture).
5. They make sure their money works as hard as they do.
They save religiously. They invest in their retirement (and non-retirement accounts) without fail. They educate themselves about their money by tracking how much is coming in, how much is going out, and how to get the best return on their money.
Ultimately, the rich achieve that status not through their earnings but through their day-to-day habits--habits all of us can try to emulate.