RECOVERING A LOW ECONOMY

Low economies bring great frustration to all the citizens of the country, and foster the increase of crime. In this article I am going to share some useful suggestion in reviving a dead economy. They include:

1. Embrace innovation: Innovation is the energy of the future. We have to make better use of what we have to get what we need. Every country is endowed with great potential, properly utilized create room for economic restoration. Do not always desire to do new things, but make little improvement to what you already have and you will enjoy a better and best life.

2. Enact favorable economic policies: Bad economic principles produces bad economy, but when these economic policies are formulated with the fundamental interest of the citizen and the potential available to a nation in mind in such a way that give maximum utilization to both human and capital resources, economic growth becomes inevitable. A sustainable economic policy is the key to economic viability and stability.

3. Funding of small and medium scale enterprises: Small and medium scale industries are the fuel that drives economy and where they are not properly funded the economy crashes. Take a look at the well established economy of the world, and you will discover that one of the major drivers of those economies is small and medium scale industries. Adequate funding of small and medium scale industries creates jobs for citizens of the country. When the rate of employment is reduced, economic growth becomes achievable.

4. Education: The proper education of the citizenry of a given nation is directly proportional to the quality of teachers dispensing the knowledge. Teaching is the profession that makes all profession possible. When the standard of education is high it produces high performance citizen who in turn contribute their knowledge in improving the economy. Where ignorance prevails the people suffer frustration, but where wisdom reign there is an abundance of wealth. Technical, scholastic, social and spiritual skills are all needed for sustainable economy. However for this to work effectively and efficiently, we must be responsible to make it work.

5. We must join force with powerful economy: The recovery of an economy cannot be achieved without partnership with other great economies. Their knowledge and support will go along way to revive your dead economy.

6. Encourage Investment: Creates room for investment. When people invest in your economy it boosts it because it enables you to create more job opportunities to citizens. End irrational consumption and start investing. Create a friendly environment to encourage investment.

7. Do something unique: Work locally and make yourself indispensible.

8. Embrace technology. No country can achieve economic transformation without embracing the benefits of technology.

Conclusively, I want to say emphatically that recovering a low economy requires the combined effort of the government, business owners and the individual who make up a nation. We must all contribute our own effort to see that our economy recovers. The government must invest in small and medium scale industries. They must enact friendly economic policies that encourage industrialization, economic growth and personal growth. The business owners must engage in efforts that creates employment opportunities for the people within their area of operation. The individuals must strive to make him self better. They must get educated and properly trained in specialized quarters in skills that are relevant to the prevailing industries within their locality. They must endeavor to create enabling environment to favor industrialization and investment. They must chon every act of vandalism and terrorism.

When we painstakingly and persistently put in all our efforts to recover a low economy the economic situation of our country shall improve. We must avoid the temptation to shift blames. Whatever becomes the state of our economy today, we all contributed to it in one way or the other, and it will take our collective effort in bringing it back to life. Our collaboration to recover our low economy is more important than the luxury of shifting blames. We have no other nation other than this, if we live it to go down we shall inevitably suffer and obligate countless generation ahead of us. No mater how long we sat down and waited for others to change the situation of our economy, it will never produce any meaningful result. We must rise up and effect a change by ourselves, and the time to do it is now!

HOW TO FOSTER TEAM SPIRIT AND EFFECTIVE HUMAN RELATIONS IN AN ORGANIZATION

Effective human relations and team spirit is very important for organization effectiveness and productivity. However, as important as it is, it will not come by chance; you have to engage the forces that foster team spirit and effective human relations in an organization.

It is my pleasure to highlight here some useful suggestions that may be of help. Check out the following:

1.     Create a platform for social interaction

2.     Understand the factor of individual differences

3.     Be willing to tolerate and complement

4.     Be genuinely interested in others

5.     Mind your own business where necessary

6.     Reward improvement and celebrate accomplishment

7.     Never criticize

8.     Practice true love

9.     Be willing to forgive and forget

10.                        Respect the opinion of others

11.                        Create team focus

12.                        Establish open communication

13.                        Eradicate the spirit of favoritism

14.                        Remove the little fox that spoil the bloom

15.                        Create an atmosphere for risk taking

16.                        Create room for imperfection

17.                        Establish training and personal development processes

Follow the above suggestions and your team will be full of life, and help you accomplish much in the process of time.

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See you at the top!

DEVELOPING APPROPRIATE CONCEPTUAL MODEL FOR ORGANIZATIONAL GROWTH

There are many conceptual models for creating organization effectiveness and growth. However, in this article I am going to concentrate on a few. The following conceptual models can be helpful in developing the right conceptual model for your organization, creating the right specifics of your workplace, and your personal productivity approach:

1.     Understand organizational growth circles: It can be argued that growing organizations move through six relative periods of evolution, each which ends with a crises and revolution period. To explore more on this topic Greiners’ theory of organizational growth circle and the impact it has on employees, management and leadership skills will be of great help.

2.     Implement Productivity Goal Congruence: This is a situation where organizational goals are shared by all in a mutually beneficial manner. The degree of integration is determined by extent to which individual employees and groups within the organization perceived their own goals as being satisfied by the accomplishment of organizational goals.

3.     Management planning and control systems: A control systems is necessary in any organization in which the activities of different divisions, departments, sections and units are effectively and efficiently coordinated and controlled.

4.     Organization and system design and analysis: The open system approach is very helpful in this regard. One of the way you can gain competitive advantage is to build high and effieicient systems. Any employee that gets recruited into the business knows exactly how to produce according to the laid down standards of the organization because of the presence of a good system.

5.     Self evaluation/Assessment: Effective self evaluation and assessment exercise is fundamental in achieving organizational growth. Therefore, you must put in place a procedure for self evaluation and assessment. This will enable you to know and monitor your performance.

6.     Ensure Personal effectiveness and productivity time management: Personal effectiveness is imperative for organizational growth. Every individual within the business must put in their best efforts to realize business growth and profit maximization. All these should be done taking into proper consideration effective utilization of time.

7.     Office and Staff productivity: Find out the productivity of all departments within your organization. Find out which staff is producing and which is lacking behind and why. This information will help in structuring your business for optimum profitability. A combination of productive staffs and productive departments within an organization results in organizational growth.

I hope these few points help in developing the right conceptual model for organizational growth. Consistently apply them and see your business take a new dimension of effectiveness and efficiency.

See you at the top! 

RECOVERING A LOW ECONOMY

Low economies bring great frustration to all the citizens of the country, and foster the increase of crime. In this article I am going to share some useful suggestion in reviving a dead economy. They include:

1.     Embrace innovation: Innovation is the energy of the future. We have to make better use of what we have to get what we need. Every country is endowed with great potential, properly utilized create room for economic restoration. Do not always desire to do new things, but make little improvement to what you already have and you will enjoy a better and best life.

2.     Enact favorable economic policies: Bad economic principles produces bad economy, but when these economic policies are formulated with the fundamental interest of the citizen and the potential available to a nation in mind in such a way that give maximum utilization to both human and capital resources, economic growth becomes inevitable. A sustainable economic policy is the key to economic viability and stability.

3.     Funding of small and medium scale enterprises: Small and medium scale industries are the fuel that drives economy and where they are not properly funded the economy crashes. Take a look at the well established economy of the world, and you will discover that one of the major drivers of those economies is small and medium scale industries. Adequate funding of small and medium scale industries creates jobs for citizens of the country. When the rate of employment is reduced, economic growth becomes achievable.

4.     Education: The proper education of the citizenry of a given nation is directly proportional to the quality of teachers dispensing the knowledge. Teaching is the profession that makes all profession possible. When the standard of education is high it produces high performance citizen who in turn contribute their knowledge in improving the economy. Where ignorance prevails the people suffer frustration, but where wisdom reign there is an abundance of wealth. Technical, scholastic, social and spiritual skills are all needed for sustainable economy. However for this to work effectively and efficiently, we must be responsible to make it work.

5.     We must join force with powerful economy: The recovery of an economy cannot be achieved without partnership with other great economies. Their knowledge and support will go along way to revive your dead economy.

6.     Encourage Investment: Creates room for investment. When people invest in your economy it boosts it because it enables you to create more job opportunities to citizens. End irrational consumption and start investing. Create a friendly environment to encourage investment.

7.     Do something unique: Work locally and make yourself indispensible.

8.     Embrace technology. No country can achieve economic transformation without embracing the benefits of technology.

Conclusively, I want to say emphatically that recovering a low economy requires the combined effort of the government, business owners and the individual who make up a nation. We must all contribute our own effort to see that our economy recovers. The government must invest in small and medium scale industries. They must enact friendly economic policies that encourage industrialization, economic growth and personal growth. The business owners must engage in efforts that creates employment opportunities for the people within their area of operation. The individuals must strive to make him self better. They must get educated and properly trained in specialized quarters in skills that are relevant to the prevailing industries within their locality. They must endeavor to create enabling environment to favor industrialization and investment. They must chon every act of vandalism and terrorism.

When we painstakingly and persistently put in all our efforts to recover a low economy the economic situation of our country shall improve. We must avoid the temptation to shift blames. Whatever becomes the state of our economy today, we all contributed to it in one way or the other, and it will take our collective effort in bringing it back to life. Our collaboration to recover our low economy is more important than the luxury of shifting blames. We have no other nation other than this, if we live it to go down we shall inevitably suffer and obligate countless generation ahead of us. No mater how long we sat down and waited for others to change the situation of our economy, it will never produce any meaningful result. We must rise up and effect a change by ourselves, and the time to do it is now!