Tag: Management

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Musbahu El Yakub

Delivering Results in a Low-Trust Environment: A ‘Dangote-Wilmot’ Model

One of the major challenges faced by entrepreneurs in Nigeria and several other such countries is, unfortunately, fraudulent activities by staff. These activities include direct cash theft, under-invoicing of sales to favour a customer, over-pricing of purchases from suppliers, direct pilferage of products, etc. These actions make entrepreneurship more costly

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Musbahu El Yakub

Build Your Personal Tribe

As social creatures, human beings kept, and many still keep, to their ‘tribes’ for several benefits such as identity, protection, self-sufficiency and opportunity for growth. Overtime, trade, wars and politics have forced different levels of evolution to different tribal groups across the world. We are now living at a time we

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Musbahu El Yakub

Creativity in Business (II)

Continued . . . (Credit: hrtalks.manpowerku) How to foster a culture of creativity in your organization: A number of large multi-national corporations and several quite unknown local companies are extremely good in creativity. You will always recognise such organisations when you cross their path or talk to their customers. Google

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Musbahu El Yakub

Creativity in Business (I)

A lot of qualities are considered a personal must for the success of the entrepreneur and their organisation. Creativity as one of those qualities however, is unfortunately and wrongly, not given the prominence and importance that it deserves. A creative entrepreneur stands a greater chance of success than one that

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Musbahu El Yakub

Relationship Management for the Entrepreneur

(LinkedIn) In various posts on this blog, we have always stressed that success in business, as in life in general, is a result of several things done right. Nonetheless, there are a few factors that are absolutely necessary if you are to stand a good chance of succeeding in any

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Musbahu El Yakub

How to Build a Strong Work Ethic at your Place of Work

In our previous post, we discussed the elements and principles of work ethic in an entrepreneur, their team and organisation. We will now discuss how the entrepreneur and their employees can build the strong work ethic that is required for both personal and corporate success. The first thing to realise

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Musbahu El Yakub

Work Ethic

Contrary to the thought of most African entrepreneurs and their employees, finance is not necessarily the major hindrance to the successful takeoff, running, and growth of a viable business proposition. Empirical observations seem to suggest that one of the greatest impediments to these challenges is what I will call ‘poor

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Musbahu El Yakub

Managing Business Growth

Entrepreneurs are extremely ambitious. It is a default setting in them! They dream of taking their garage start-up to the Nigerian Stock Exchange within the first seven years of starting. This is a perfectly legitimate, even noble, ambition. However, the steps they take must be right and appropriate if they

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