Category Archives: Business Lectures

Resolutions 2009

01. Introduction

The beginning of the year is a good time to make resolutions and decisions.

02. Definition:

It is a set of goals and strategies to achieve good results in our life.

03. Benefits:

A Resolution plan always helps us to keep in track.

It does not allow any waste of time or being misguided.

It keeps our focus clear, plain and straight.

04. Tips:

Review your last year resolutions.

Don’t let the cup spill over.

Plan to remind yourself of it throughout the year.

Maintain a core focus.

Let it be for a year not a day.

Acknowledge the price, and decide to pay it.


Resolutions 2009

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Indifference

The Indifference

How often do we pass by life without acknowledging its opportunities?
Way too often!

Every time we pass by without acknowledging where we are, what we do, etc, we miss an important opportunity to improve ourselves and to achieve faster our goals.

Why does it happen?

– We believe it is an unconscious act.
– Sometimes we get so busy in life working on the tasks that we forget the important things or because of life and working pressure we lose the ability to analyze things.
– We became indifferent people.

01. Definition:

Indifference is the state of feeling where you just don’t care about taking an action, The problem with indifference is that sometimes you are aware that doing that thing or taking that action will get you much benefit but still you do nothing.

02. Important:

Indifference is not like lack of motivation because you may lack motivation if you are not aware of the importance of the activity, however if you are aware but still take no action then you are indifferent.

03. Examples:

– Loss of hope: you just don’t feel that your efforts will yield any result, so you become indifferent, because in your point of view taking an action will not change anything.
– Depression: it is the strongest factor that can make you indifferent. Depressed people may have noticed that they became indifferent concerning some of the activities they used to do.
– Skepticism: that’s where religious indifference come from, some people just totally ignore the idea of doing good deeds and avoiding bad deeds, in many cases that happens because they are either skeptic or have become skeptic after they have faced some kind of experience that shook their religious beliefs.
– Learned helplessness: After failing to do something many times or after putting much effort without seeing a result someone people tend to develop something called learned helplessness, which is a state where the person believes that whatever effort he is going to do still there wont be any result.

04. What can I do to overcome indifference?

Indifference is just a result its never a cause, in order to overcome being indifferent you need to take care of the underlying reason that was the origin of indifference.

If its depression then take actions to overcome it, if its loss of hope take actions to build hope, if its religious skeptics search more and more in order to solidify your beliefs. Just fix the root cause for indifference and then it will leave you.

Blue Ocean Strategy

Task 3430 – Presentation – Blue Ocean Strategy

Introduction

Our marketplace is completely crowded and daily competition can jeopardize our plans for improvements and the creation of new ideas and concepts.

Since the competition demands a lot of efforts and compromise, we haven’t got enough time to think about new possibilities and alternatives to expand our creativity process when facing our business world.

Blue Ocean Strategy – Definition

Blue Ocean Strategy is a business strategy book that promotes a systematic approach “for making the competition irrelevant.
The authors have established a business metaphor to describe the market universe:

  1. The Red Ocean.
  2. The Blue Ocean.

Red Ocean – Main Features

Red oceans are all the industries in existence today:

  1. The known market space. And their industry boundaries are defined and accepted,
  2. The competitive rules of the game are known.
  3. Companies try to outperform their rivals to grab a greater share of product or service demand.

Important

As the market space gets crowded, prospects for profits and growth are reduced, products become commodities or niche, and cutthroat competition turns the red ocean bloody.

Blue Ocean – Main Features

Blue oceans, in contrast, denote all the industries not in existence today – the unknown market space, untainted by competition.

In blue oceans, demand is created rather than fought over.

There is ample opportunity for growth that is both profitable and rapid.
In blue oceans, competition is irrelevant because the rules of the game are waiting to be set.

Blue Ocean – Corner-Stone

The corner-stone of Blue Ocean Strategy is ‘Value Innovation’.

A blue ocean is created when a company achieves value innovation that creates value simultaneously for both the buyer and the company.

This metaphor can be powerful enough to stimulate people to action.
However, the concepts behind the Blue Ocean Strategy are not new.

Many of these tools are also used by Six Sigma practitioners and proposed by other management gurus.

Being Late At Work

Task -3507- Presentation – Being Late

Introduction

Although 43% of managers say they don’t mind if their employees are late for work, late employees continue to give some very interesting excuses to justify their tardiness.
According to a recent survey, 15% of workers say they arrive late to work at least once a week, while nearly one-in-four of all workers (24 %) admit to making up fake excuses to explain their tardiness.
Consistently showing up late can affect how others in the company view your work ethic and discipline, as well as affect your productivity.

Main Causes of Being Late

  1. 32% of workers claimed traffic was the culprit
  2. 17% claimed that falling back asleep was the reason.
  3. 7% pointed to a long commute.
  4. Other popular reasons included: getting kids ready for school and day care, forgetting something at home, and feeling sick.

Main Outcomes

  1. Poor performance.
  2. Career troubles (repeatedly missing deadlines could lead to get demoted or fired).
  3. Unnecessary expenses: like having to pay late fees.
  4. Financial difficulties.
  5. Medical problems (heart attack because the victim kept delaying the start of their personal health program).
  6. Dissatisfaction about oneself.
  7. Dissatisfaction of others about one’s procrastination.

How to Deal with Procrastination

  1. Candidly discuss the tardiness issue.
    The employee may have personal scheduling issues that can be worked around with reasonable schedule adjustments.
    Employees may need help understanding the importance of strong personal discipline.
    Frequent lateness can sometimes be an indicator of job dissatisfaction.
    Evaluate the current policies and consider trying flextime, which can be implemented with various levels of flexibility.

Conclusion

Although flexible schedules are more common in the workplace these days, it is still important for employees to be mindful of their arrival times.

Being Late – Prof. Lico Reis

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