Tuesday, April 30, 2013

Have a dream?

Dream big dreams,write down your dreams,change your dreams to goals, work out plans to reach your goals and go for it boldly.
One thing one should not forget is that dreams are meant to make that child in you come out.
Your dreams, all of them can come true if you have the courage to pursue them.

Listen the following words by Paul J.Meyer that whatever one can vividly imagine,ardently desire, sincerely believe and enthusiastically act upon must inevitably come to pass


Friday, April 26, 2013

Other sayings by Global entrepreneur Branson Richard

I am not good at theory, Almost everything i have learned, I have learned by doing.

Business has to give people enriching lives, or its simply not worthy doing

Foster entrepreneurship in every area of your life and business

It is good to trust yourself even when all other people doubt you

QUOTATION FROM GLOBAL ENTREPRENEUR RICHARD BRANSON





I f you want to meet entrepreneurs,come to Africa.It is a continent full of opportunities for creation of wealth,enterprise and future prosperity.

Better start from scratch

Being 'savvy' is much more important than having a formal education.The things you learn can only complement who you are and who you are counts a lot.

Turnover can be huge, but it is the profit margin that matters

Success for me is whether you have created something you can be proud of.Whether you have made difference to other people's lives

If your job's well paid who can blame you  if you are not willing to take risk and say set up your own company?

It is through making mistakes that we learn how to make things

Entrepreneurs have destroyed poverty in the western world as the rest of the world knows it and as history knows it.No other social system can compete with the entrepreneurial free market system in terms of productivity,raising standard of living, and creating permanent prosperity.Asia has exploded out of poverty  in my lifetime thanks to entrepreneurs.Huge chunks of poverty should be taken out of Africa in the next ten years thanks to up and coming entrepreneurs.



Saturday, April 13, 2013

Are you a talent?


 Talents are the employees who are exceptional in producing extraordinary performance to the organization objectives.
They can be compared to the professional footballers who are goal scores who are the key to their teams performance at the pitch.

There is war for talents worldwide as talents are few but employees are so many.
 Do you make a difference at where you work or in your business?

Talent management is about attracting, retaining, developing and deploying disproportionate number of fit for purpose, high calibre, and diverse people in the right positions in the organization.



FUTURE OF THE EMERGING MARKETS


Emerging markets consist of countries that are experiencing state of transition and transformation of their economies; undergoing rapid economic growth, experiencing tighter integration of their localised closed economies into global economies, the greater market of the industrialised economies products and the influx of high levels of foreign investments. Example of such countries are BRICS (Brazil, Russia, India, China and Southern Africa)(Veldman,2013),Other countries found among  emerging markets  are those found in Central and Easter Europe (Farndale, et al 2010).

Some features of Emerging markets
critical features of the emerging markets are transformation of foundational norms, values, beliefs from which these countries were built up to formulate their identity and ideologies on worldviews. Transformation has occurred due to globalization forces which  has forced  the economic integration; other critical features of the emerging markets include unstable power relationships, lag development of infrastructure, sophisticated technology in a sea of low/outdated technology, presence of many Multinational Companies(MNCs), Unemployment and widening gap between the haves  and have-nots. These are some of the features of the emerging markets.
The implication of these critical features is the adoption for fit for purpose technology and need to attract and retain top local talents that are abroad so that the MNCs can be competitive as they work in emerging markets (Veldsman, 2013).

Future of Emerging Countries
emerging markets have the bright future as 50% of the world population currently lives in emerging economies. Additionally, statistics say that 6 of the world’s fastest growing countries have been from Africa. In 8 of the past 10 years, Africa has grown faster than East Asia including Japan. Moreover, for the first time the World economy has  been fuelled by the developing world and not the developed world whereby the BRICS were asked to intervene the European Union to overcome financial woes after the world recession of 2008/2009.It is predicted that emerging economies will dominate the world in 2030.



The assets of the organization




Veldsman(2013) explains that it is estimated that 85% of the assets of an organization are intangible instead of tangible assets.Tangible assets are such as facilities,technology and finance.

Intangible assets include such resources such as organization reputation,brand,patent rights,organization capabilities and people expertise and skills.

70% of these intangible assets are resident in the people of the organization in the form of creativity,innovation,expertise,knowledge,skills and experience.

People and destiny of their organization are therefore intimately intertwined in the knowledge society.

Therefore what makes the strong organization is not the tangible assets such as buildings and finances but the intangible assets and people with great intangible assets because in the long run they can make the organization to have large amount of physical assets and finances

Reference


Veldsman, T. (2013). People professionals fit for emerging countries. In S Bluen (Ed.) Talent management in emerging markets. Johannesburg: Knowledge Resources.