Strategic planning is a crucial aspect of any business, but there are many myths surrounding what it entails and how to effectively implement it. Here are six common myths about strategy, debunked. Myth 1: Strategy is a one-time event. Many people believe that once a strategy is developed and implemented, the work is done. In Read more about Busting the Myths of Strategy: A Comprehensive Analysis[…]
🏢💼Effective management is vital for the success of any organization, yet many businesses continue to undervalue it. This is a significant issue that has been highlighted by numerous renowned writers on management and business topics, including Peter Drucker, Tom Peters, and Jim Collins. Peter Drucker, considered the father of modern management, emphasized the importance of Read more about Why Good Management Matters: The Case for Competence[…]
Running a successful business has its challenges, but the COVID-19 pandemic has required many owners to pivot and look for new ways to operate profitably while keeping employees and consumers safe. Research from the Indiana University Kelley School of Business found that emotional intelligence – the ability to understand, use and manage emotions to relieve Read more about Entrepreneurs IQ increase during crisis time[…]
Many policymakers and educational institutions hope to boost their economies by stimulating students’ entrepreneurial intentions. To date, most research concluded that entrepreneurship education could increase these intentions by improving the image that students have of entrepreneurship as a career option, making them see how their environment can help them become entrepreneurs or increasing their self-confidence Read more about Entrepreneurship education today does not help students understand what motivates them[…]