Category: management
Why Mixing Business and Politics Creates a Toxic Recipe: Separate Ingredients for a Better Society
The intertwining of business and politics has become increasingly prevalent in our modern society, yet this blending often produces highly problematic outcomes. In this post, I’m going to look at why treating politics as if it were a business and managing businesses with political mindsets creates fundamental problems that undermine both spheres. Drawing from contemporary…
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The Efficiency Paradox: Why Businesses Wait for Crisis to Innovate
The 3% Conundrum Have you ever wondered why certain business sectors seem to settle into a comfortable profit margin, only to scramble for efficiency when crisis strikes? It’s a phenomenon I’ve observed time and again, and it’s got me thinking about the nature of business resilience and innovation. Let’s consider a hypothetical sector where companies…
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Short-Term Fixes
Yesterday I listened to and enjoyed a good speech from Danny Wang about the dopamine culture and instant gratification. He spoke eloquently about the dangers of instant gratification in all aspects of life. Danny went on to explain that the things that are a little harder to achieve often deliver the most long-term value to…
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The Curious Mind of an Entrepreneur: Fuelling Innovation and Success
I’ve always been fascinated by what drives entrepreneurial success in the business world. One trait that consistently stands out is curiosity. It’s not just a personality quirk; it’s a powerful force that can propel a business from a mere idea to a thriving enterprise. Today, I want to explore how curiosity shapes the entrepreneurial journey…
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The Evolution of Brand Value on Company Balance Sheets
The Historical Context of Brand Valuation The concept of brand value being included on a company’s balance sheet has evolved significantly over the past few decades. Historically, tangible assets like property and machinery were viewed as the primary sources of business value. However, as the market began to recognise the importance of intangible assets, particularly…
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Business Ratios and Key Performance Indicators
Business ratios and Key Performance Indicators (KPIs) are crucial for assessing a company’s financial health, operational efficiency, and overall performance. They provide valuable insights for decision-making, goal-setting, and strategic planning. Here’s an introduction to some important business ratios and KPIs: Row Category KPI Formula 1 Finance Profit Margin (Net Profit / Revenue) * 100 2…
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