Business Bam

Management: How to be a worthy Manager

2009-07-31T17:44:00.008+02:00

In this segment, I'll expand your knowledge about management and what it takes to be a good and active manager. The most important thing we have to know is that without proper management in any business enterprise, the business will encounter little or no achievements. Why is this so? This is because management is the way we arrange the organization's structure; how we want the organization to run. In the process of organizing we encounter what is called hierarchy. The need for hierarchy is best understood with the bureaucracy theory, which was most used by Max Weber. He laid emphasis on hierarchy as one of the best tool to use in an organization if at all the organization wants to achieve any form of order. Hierarchy helps the workers to observe and identify with their roles in the organization as well as work towards achieving greater positions within the organizational structure. What exactly is organizational structure? An organizational structure is a hierarchical concept of subordination of individuals who work hand in hand to achieve a common goal. This structure is usually a diagrammatic representation of form. There are a lot of diagrammatic representation of an organization but in which ever case the company chooses to show its hierarchy workforce, the most important structures of management are;
1.Top Management
2.Middle Management
3.Lower Management
The top managers are the ones that make the final decision, but nevertheless, at each class of management, the individuals that occupy them assume a particular role as managers irrespective of whether they appear in the middle or lower management. They have a responsibility bestowed on them in the overall decision making of the company and they are also managers in their own way. This implies that the management of the company doesn't just end with the top managers, but it goes ahead to leave responsibilities on other managerial segments. Yes, it is true that the top management are the number one decision makers but it doesn't mean that the middle and lower management have no role to play. Instead, they are positioned at these points so that before information finally gets to the top management, it would be already solved, and the only thing left for the executive heads(top managers) to do is to give their authorisation. The point I'm trying to bring out is that, YOU could be the one leading one group of people or the other irrespective of your position in the company, and in which case, you have to exhibit the true quality of a good manager even though you are still answerable to the people above you. It is your responsibility to show that you are worthy to be in that position. In Maslow's hierarchy of need, the overall need of every individual is the need for self actualization. To explain self actualization, I came up with this simple equation.
Set Goals + Achieved Potentials = Self actualization
When we have reached our goals and achieved our maximum potentials, beyond all reasonable doubts, the only outcome we can expect is SELF ACTUALIZATION.

One important thing management does to people is that, it motivates them. They will want to work harder to achieve self actualization. According to F. Herzberg , there are two types of motivation factors. The hygiene factor and The motivation factor. These are the factors that affect people's attitude towards work. According to him, hygiene factors constitute job conditions; company policy, supervision, interpersonal relations, working conditions, and salary. These factors create job dissatisfaction but their presence does not motivate or create job satisfaction. The motivation factor on the other hand, are the things that actually create job satisfaction. He narrowed the list to five factors, which include: achievement, recognition, the work itself, responsibility, and advancement. The motivation factors are exactly self actualization. If you want to feel respected, you have to show the people/workers that are looking up to you that you have reached that point of self actualization. If you really want to earn their respect, you have to show them that what ever situation they are passing through, “you've been there and done that and you excelled in that situation” and these quality, when found in you, motivates your subordinates. As a manager, you have to be able to handle every situation you may find yourself in, at least, to an extent. The worst thing that will happen to any manager is if they allow other people to solve their problems. It is your sole responsibility to cut the grass, make a path for your subordinates to follow behind, "be the one in front and let them be at the back, following your every foot step".

Management covers everything in business. No achievement can be made in a badly managed organization. As a manager you are left with no choice than to lead your workers in the right way. You can't expect your subordinates to work hard when you drink or flirt on duty. You have to ask yourself if you can really manage the activities of your workforce. Are you capable? Are you willing? Don't go asking your mother if you are capable and don't ask your best friend if you are willing. Ask yourself because you are answerable to YOU.

Achieve your full potentials.

2009-07-26T22:31:00.009+02:00

Business opportunities abound everywhere. The power to actually grab on these opportunities is what is lacking. People find themselves evaluating different ideas, but they cannot put their ideas into the realms of reality, because they are afraid to act. “What if it fails”, yes, actually that is a reasonable thinking. Every one at one point or the other still has to be pessimistic in their approach, but on the other hand, have you actually considered what is attainable if it works? Its' an equation we have to balance ourselves. Naturally, it is crazy to just put ones hope into ventures that your are unsure of, but if you are sure of where you're heading to, if you have 60% conviction that what you plan on doing is going to produce nothing more than fruitfulness, my advice to you today is to ACT! I'll share a bit of a story with you about my father. My dad was into foam production. When he started, nothing was available to him. He didn't have the foam production knowledge, no skills, in fact, he knew practically nothing as far as foam production was concerned. Of course, he knew that their where downsides to the business, he knew the risk he was putting his family into by investing his last income on this business line, but what lead him on was the zeal and belief in himself. Probably, if he had listened to people and their bluffing, he would have made mistake somewhere along the line or worst still, he wouldn't have started the business in the first place. Also, if he had paid attention to how inexperienced he was, I mean, I'm talking about someone who didn't even have anything to do with science, his lack of skill, and all what not would have discouraged him. But instead of brooding over the “If's”, he decided to concentrate and explore on the possibilities abound to him. He told himself that, “Even if I'm a dummy in this field, I can learn”. Well most people might think its crazy, cause actually, no matter what, the risk is always there. But remember, I'm talking of activities that you're 60% sure are attainable. I'm not implying that you should use your last cash and invest on empty aspirations. Rather, if you believe that whatever you plan on doing is genuine, then leave your fears behind. Fear is only but a coward who only shows up when we have problems just to discourage us from achieving our full potentials. So when ever you reach this stage in your life where you are sure of what your intentions are, but the fear deep inside keeps telling you that you are a failure, know that you are almost on your way to greatness and the only thing stopping you is not fear but YOU.

Make money fast scams BEWARE.

2009-07-26T00:14:00.009+02:00

Some of us might have noticed something about this make money fast systems all over the internet. Well, it is no news that more than 89% are basically scam. For some of us who haven't noticed this yet, well I am going to tell you one sure way to know that you are reading on a scam website or blog. Before you even think of investing your hard earned money on some junk called e book, here are some facts you should consider;

You may have noticed that while reading through messages on some "make money quick" website, they tend to lure you into reading more and more, until you finally end up with the last information, which employs you to buy an e book. Well, from my own point of view, if the individual has made so much money, and claims to care and want to help you, what is so hard in giving free pages or hint about what your e book contains, there on the site. That is what helping people is all about, isn't it? Not selling books and promising a money back guarantee. Of course, the people who have been tricked by most of these scams in the past, know better than to assure any other person that there is no such thing as a money back guarantee. Lets face it, you cant make money in 30minutes without putting in work and hard labour, no lazy way to make money, or other hilarious tricks they use to entice people. Its either you get ready to work, or you will continue falling prey to these scams. I might not be right about this fact, but remember, i said 89% of them are scams, which means that their are really good and trusted sites out there. But just so you know, " If any make money fast site/blog cannot prove their facts to you through technical and practical means, don't pay attention to them. PERIOD!!

Business and Europe.

2009-07-21T20:23:00.009+02:00

In Europe, which country provides the best environment for business?

Share your view.

Making money online

2009-07-21T13:29:00.013+02:00

In the past, I believe a lot of people have gotten different views about making money online. Some have excelled with online business, others have tried several ways to tap from this money making venture, but are yet to see any profit. Well, I am not going to tell you about the "buy my e book" thing, rather, i will explain simple steps to guide you and get you started.

I've heard about the "get paid to read email", and this hasn't worked for me in the past. But a sure way to make money online is through the power of blogging.

1. I don't have a blog yet?
You can start by opening a free website at http://www.blogger.com/, and posting valuable information on your website. Remember, the more useful information you are able to gather, the greater your chances of being targeted.

2. Open a free google adsense account at www.google.com/adsense/, or any other free program that will not require registration fee

3. Start advertising your site.

These are the three basic steps that can guarantee you success in making money online. I just kept the information short and simple, so that one can easily understand the whole idea. If you have more information to share, dont hesitate to leave a comment and share your views with others.

Business is not for lazy people

2009-07-20T19:31:00.006+02:00

Only dedicated people can fit into the business world. Business is for those who are able to work round the clock, 24/7, with the sole aim of achieving greater heights. If you do not fall into this category of hardworking individuals, don't bother joining their world, because you will loose your head before you know it. Its the hard truth. The only way to have a successful business is your readiness to work. It's a very competitve world out there, so please wake up, if you are still sleeping.
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Baltic Exposure Hits Swedish Bank(SEB)

2009-07-20T18:02:00.012+02:00

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The Swedish Bank located in the Baltic has reported to have made a considerable net loss from 2.8bn kronor to 193m kronor (£15.1m; $24.7m), upon its exposure with the baltic economies. This is the total loss made within the months of April and June. This net loss is blamed on the recession in the Baltic which has been going on since 2008. Despite this abrupt drop, the bank states that it is quite optimistic that the Baltics are going to pull through. But given the report made by the Norwegian bank DnB, were they comfirmed to have made an even bigger than forcast drop in the second quarter profit during its Baltic operation, one can any hope that SEB will survive in the end of it all.

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Causes an Consequences of being Unethical in Business

2009-07-20T10:09:00.026+02:00

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When I do good, I feel good;

When I do bad, I feel bad;

This is my religion

"Abraham Lincoln"

Being unethical means having no ethical value. Ethic is a very broad term, as it covers every work of life; business, education, religion, family, job etc. One characteristic of ethics is that “Ethics is ethics”. This means that there is no such thing as a special ethics. We apply the same ethics in everything we do, and use the same ethics in any situation we find ourselves ,because applying different ethics in different life situation or circumstance causes INSTABILITY. Unethical people are susceptible to adverse changes, so they find it very difficult to have a focus. In defining the term ethics, we could say that; Ethics simply means considering the needs of others. Of course, when someone is conscious of the feelings of people around them, they will exhibit a high level of trust, honesty, truthfulness and justice. When you have these characteristics, (trust, honesty, truthfulness, justice);
People will always believe in you, because you have built a relationship with them on a foundation of trust.
They will always be frank in all their dealings with you, because you are in return honest with them.
When you exhibit a truthful personality among your fellow human beings, they will definitely reciprocate by being truthful to you as well.
Finally your judgment will hardly be questioned, because it will not be bias. Instead, it will be based on correct principles, and on generally accepted facts. People will see you as a person who delivers good justice.
These are the benefits that accrued to people who consider the needs of others, i.e., people who are ethical. This is not the same on the other side of the map; the side with the unethical people, which is the topic of discussion. As already explained, being unethical is having no ethic of life. It is the exact opposite of being ethical. It defines people who never consider the needs of others in whatever they do. This kind of people are said to be selfish and egocentric, as they only put into consideration, the things that will do the most good to them, and what they can benefit from. They hardly concern themselves with other people’s needs and problems, because their life is only centered and focused on their own problems or on a particular situation, which involves them. They laugh alone, cry alone and will definitely die alone. In business, such people posse danger to the economy. They are the type of individuals that make products that are harmful to human health and will launch it into the market, without looking back, as long as they are making their profit. “It’s all about me, myself and I”, and whoever gets hurt along the way, is none of their business. Such persons will not care about their workers either. Hardly do they think of how to create a good employer-employee relationship. They are the boss, so they make their own decisions, irrespective of how the employees accept these decisions they have made. Anyone who does not abide to the rule, has to be sacked to create space for those who are willing to accept the boss’s ideas. As long as an unethical person is concerned, their judgment cannot be questioned. What has such a person gained? One thing for sure is that “no man is an island” and for any business to grow effectively, there has to be flow of ideas from different sources. In a situation where there is only one source of information, it will be hard to achieve certain goals and objective in the business. The goals and growth of the business will be limited. Even in personal lifestyle, effectiveness will also be limited. It is also good to note that;” whatever is at the center of our life, will be the source of our protection, counsel, wisdom, and power”.

Protection represents guidance, ones sense of worth, ones identity, ones emotional anchorage, ones self-esteem, ones basic personal strength or lack of it.
Counsel means your source of direction in life.
Wisdom (also called sapience), measures:
One’s ability to apply knowledge or experience or understanding or common sense and insight
One’s perspective on life
One’s sense of balance
One’s understanding of how the various parts and principles apply and relate to each other.
It embraces judgment, one’s apprehension and comprehension.

Power is the energy and ability to act, the strength and potency to accomplish something. It is the vital energy to make choices and decisions. It also includes the capacity to overcome deeply embedded habits and to cultivate higher, more effective ones.
But if the only thing at the center of someone's life is “self”, that person is unethical and this is how all this factors will be:

PROTECTION
The protection of such a person, will be constantly changing. The person will be relatively unstable

COUNSEL
Their judgment criterion is: "If it feels good..." "What I want." "What I need." "What's in it for me?

WISDOM/SAPIENCE
They view the world by how decisions, events, or circumstances will affect them.

POWER
Their ability to act is limited to their own resources, without the benefits of interdependence

When these irresponsibility’s are taken into a business context, it is certain that, such a business will result to nothing less than failure.

Causes and Consequences
It is a sure fact, that life without ethics is unprofitable. This is the life of people who are unethical. This fact of life is also applicable in business. Now the big question is “Why are business people unethical and what consequences, go with being unethical?”

1.Bad Role Models in the Society:
At a certain point in any entrepreneurs’ business live, they need to have a spark that gets them started and keeps them going. This is what is called “inspiration”. This inspiration can be an idea, an opportunity or a person. Everybody in this world has a role, even if it is a wrong example. Of course the world is full of wrong examples created by people. Most people now relax while doing the wrong things because others are prasticing the same evil deeds. What seems wrong with this is that, sometimes the persons’ who participate in these wrong doings, are the same people others look up to. In such situation, it becomes difficult for other people who look up to them to differentiate between right and wrong. In the world today, the rate at which many people engage in evil doings is quite alarming. One can even find a situation where top business tycoons involve themselves in one economical mess or the other and still get away with it. When an average individual views such situations, they would not help but perceive this as smartness, while in the real sense, it means pure foolishness. They are not conscious of the act, but see is as being the right thing to do. Now they follow up, some might be lucky to escape the aftermath, others might not. But before anything, their actions must have cost millions of lives and they will also succeed in passing the same wrong examples, to other people’s minds. These are the kind of information that will be passed on from generation to generation, and it won’t be long before everybody’s minds become clouded with the same wrong judgment. Take the issue of global warming for instance. Science and technology is one of the major things that cause the whole concept of global warming, and the world’s most contributors are the firms. A lot of businesses keep coming up, a lot of engines are being manufactured, so still the trend of global warming gets worse by the day. Laws have been made by the government, to check the issue, but all to no avail. When one examines the situations critically, it will be discovered that the reason why this is so, is because nobody wants to lead the line. To start with, if top firms and enterprises don’t set the right examples, then young, upcoming firms will also care less about the issue. So, everybody will continue being unethical in their way of reasoning.

2.Rationalization
This happens to be one of the characteristics of humans. It is a regular behavior for every human being because, it is a defense mechanism. When we find rules and regulations that are hard for us to accept, it is almost a natural thing to find good justification to go against these rules. This is what is called Rationalization. Also, when something happens such that we find it difficult to justify our actions, then we will make up a logical reason why such a situation happened. When this is the case, you find situations where people make mistakes and find it hard to accept their mistake. They first lie to themselves and they concretely believe within themselves, that they have done the right thing. Trying to get the person to see that what they have done is wrong, might lead to arguments that will never come to a resolution. For people who have ethical values but are rational, they are able to do something that is outside their values and get away with it without feeling too guilty. For a rational business person;
He/she might make take wrong decisions and claim that it is for the overall benefit of the firm.
If the business fails to stand, they will ascertain that the type of business wasn’t their call in the first place. If it was a car business, the person will claim that he will do better in a computer business.
He/she might fire a reliable worker and claim that it is for the workers own good
For the worker who just lost his job, he might tell people that he didn’t even like the job in the first place
The enterprise might violate paying tax and then say that the government charges too much tax or maybe that the government wastes the money they collect from tax
If the business makes less profit at one time, they will tell people that the firm was going through a lot of crisis
If they make products that harm, or even probably kill other people, they go like “thank God ONLY few people where affected”

With these examples, it will be seen that the consolations they have given themselves is overtly and covertly detrimental, to the progress of the business. Instead of a driving force to push them towards positivity, they will be drawing themselves backwards. When one makes mistakes, one has to go back to their drawing board and try to address the problem, rather than inventing excuses to justify the mistake and allowing the unsolved problems to pile up. They have not told themselves the truth, so they are likely to stumble into the same mistakes, over and over again.

3.Peer Pressure
Sometimes we unconsciously find ourselves in this situation. It’s a natural law of attraction to be drawn to people who are in our peer group, to listen to them, and to do whatever it is that they have considered best. Peers influence one’s life even without one being aware of it. As we learn from our peers, they also learn from us. Hence, they either affect our judgment or we affect theirs. Also, its either they affect us in positive ways, or they affect us in the negative dimension. The reason why people fall into peer pressure influence is not farfetched. It could be because they want to belong, have that sense of belonging, fit-in, or they don’t want other people to laugh and make fun of them when they don’t do what their mates are doing. A group of others also fall in peer traps out of curiosity, to find something new which others are doing. The fact that everyone else is doing it affects their judgment, their principles and their way of thinking. This kind of people, see through the eyes of others. A business organization, that exhibits this kind of syndrome, is hardly stable. For the owner of the business, the driving force to act is missing. The person might be scared of advancing into better opportunities because, he thinks his friends will laugh at him. Sometime, he might also be scared that his friends will dessert him. He is not a man of him own. If he has problems in the business, he will only rely on the solutions from his peers or the group of people he associates with. If his peers are not there to tell him what to do, he wouldn’t no want to do. He will also like to do the kind of business his friends are doing, irrespective of whether he has a talent in the business or not. If his friends say its okay to do something, its fine by him too, even when the decisions they’ve taken is not in line with his own principles. Having friends is not bad, it is only bad when they don’t give the right advice, and worse when we don’t have our own correct principles. Your major life role will be to please your friends and of course, the well being of others is not an objective to them. Achieving success in whatever way will have limitations for such a person, because their sense of reasoning is limited by the influence of peers. Hence, such a person’s effectiveness is highly reduced.

4.Ethical Relativism
Sometimes people misunderstand the whole concept of ethic. They don’t have a clear picture of what ethic is all about. These kinds of people find it difficult to differentiate between what is right and what is wrong. When they see the right thing, they think it is the wrong thing, and when they see the wrong thing, they think it as being the best thing to do. A lot of things could be the reason for this including difficulty in understanding what is ethical. This is called “ethical 3relativism”. Ethical relativism is the position where there are no moral absolutes, no distinction between moral right and wrong. This means that there are no moral norms, instead principles are generated from belief-in and whatever our society says is right or wrong. The work place needs standards that uphold its sustenance so no field needs ethical standards more than the work place. If ethical relativism and even moral relativism are to be upheld, then there will be a great tendency and ease for individuals to err in relation to their own principle, since every other person has his own style, feelings and views on one particular subject. In a business setting, a business that is drowning in ethical relativism will only succeed in originating discord in and around the workplace. If every worker is to have his own principle, then there will be no organizational law. Instead everybody will be acting the way they presume is morally acceptable to them. Also, if the boss of the company exhibits ethical relativism, then he will leave the workers with empty expectations, and nice sounding ideas. He only acts in what his moral norms and code explain as “right” and will not care how such code affect his workers and even the business. It will be almost impossible for such persons to accept correction or more beneficial ideas that will bring betterment to the company. Truth, right/wrong and judgment are relative and everything is drawn from an ancient perspective so the growth of the firm will be greatly impaired. The workers are withdrawn from the decision making process. There will be so much autocracy in the business style and the only thing that will have semblance to order is brutal force. Better still, anyone who refuses to abide by the norms either works away or waits to get fired by the boss. What will such a firm gain by being thrown into the arms of ethical relativism?
The good ones might be removed along the way, which will create a huge vacuum in the business
Of course, when the good ones are taken off the post, it only creates space for the bad ones who it will not be easy to predict what they have in mind
When one if faced with certain difficulties in the business, and there is no ethical absolute that seems to explain or offer solutions to the imminent problem at hand, the person will definitely find it difficult to get back on his feet and tackle the problem the way it should be handled.
Lastly, with the amount of pressure being press on the workers, the ones that survive the rage will live under the fear of being fired like the rest.

Conclusively, as long as ethical relativism is concerned, there is no better tomorrow for the any firm that participates in such ugly affairs. It is likened to building a house in a shaky foundation. So the firm will probably not stand or will definitely collapse some day.

5.Corporate Culture
Corporate culture generally refers to the culture of an organization. To better understand corporate culture, it will be good to know the meaning of “corporate” and “culture”. Corporate means: “of or belonging to a corporation or an organization.” Culture means the attitudes and behavior that are characteristic of a particular social group or organization. So Corporate Culture refers to an organization's values, beliefs, and behaviors. Every organization must have its own unique endowments; what it is known for. Cultures sometimes become the laid down rules and principles that govern an organization. It may have originated from the founder of the organization and even we the founder dies, the principles are still carried on, irrespective of change and development and how it affects people. Even when the rules become out-dated, the rules are still applied to fulfill all righteousness of its foremost founder’s decrees. Basically, all decisions of the firm are taken based on this principle. If it affects other people in the long run, it might be very difficult for the organization to easily adopt new principles. In most cases, this happens to be an unconscious behavior, because the firms’ rules could sometimes be based on the values of the top management or the founders of an organization. Corporate culture is more efficient when it is amendable but in a case where it is stiff and rigid, it becomes selfish and absorb. It will not consider the demands and needs of the workers and hardly will anyone have the right to imbibe other principles, order than the organizational principles. The benefit of corporate culture cannot be forgone. If corporate culture is made on generally acceptable principles, it will inevitably bring about the required oneness and unity, needed to fully run a business. It not only makes the workers to come together as a whole, it also allows for the sharing of ideas within the firm. It makes every worker feel like part of the organization and will prosper focus on achievements, from every individual in the firm. Corporate culture becomes unfair and highly insignificant when it is not originated and invented by existing individuals of a firm. If it is based on certain strong and firm principles, it removes every employee of the firm from acting towards achievements. Instead the employees are withdrawn from the decision making process whilst they are meant to serve on the honor of the principles they know nothing about. Their presence is seen as insignificant and their advices are undistinguished. When this happens, it hinders the prosperity of the firm a great deal because in order for any firm to be productive, it has to foster adaptation, adjustment, and change awareness but most importantly, it coalesces team work and when this is not the case, the individual is bound to act in any unethical way, to make sure that his voice is heard. He might without permission, covertly have his own principles. Other people who work in the same organization, may do so at well, device their own rules. What is now seen is a highly disorganized and choky atmosphere, which will definitely not be conducive for working. Understanding is dispersed and people are forced to act irresponsibly4

6.Pressure From Superiors
Pressure is one heavy load that nobody will ever be willing to carry. It makes people to feel the full force of intimidation for which most people even develop a complex in the long run. When this pressure comes from people who are above us, it becomes even more difficult to deal with. In the work place for instance, if our boss is so autocratic and bossy, the work environment becomes less attractive for the employee. This is because; their rights and privileges are being suppressed in such a way that their sense of worth becomes insignificant. The person only obeys instructions because he is afraid his employer might slap his face or kick his butt. They live in constant fear and apprehension. They focus of the pressurized worker is shifted from achieving goals to working under pretence. The knowledge of such individual will never come to the surface but rather, it will remain under water, drowning. He/ She will never be at ease. Even outside work, the person could burden the frustration on other people. Most definitely, nobody will want to be another person’s lap dog for any reason. So sometimes, to handle this problem, the person might device any unethical means to get back at the employer. He might resolve to backbiting, or might even resort to stealing some tips, to make up for the attention he is losing. In the process of backbiting, they could expose the firm negatively. Since they are not treated like part of the business, and their rights disposed, they lack the strength to act towards the productivity of the business. The worker might even take the firms deepest productivity secrets outside to other firms and competitors that are willing to listen to him. He will sell his talent to people who are willing to have it. For anybody to work effectively in any organization they have to feel like they are family. When they are allowed to air their opinion, they become effectively useful, but when they are forced to bottle up their opinion, they not only feel neglected, but they will also feel ineffective and cheated. For any firm to achieve an employer-employee conducive relationship, there has to be ease of communication between the employer (or superior) and the employee (worker). In any case where this structure is hampered, then the obvious result is likened to an absolute tyrannical system of leadership.

The above mentioned are the six reason why business people act unethically. Most times, this behavior is conditioned, like in the case of peer pressure influence, pressure from superiors, corporate culture, other times they are unconditional, like ethical relativism and rationalization. It is best for every individual to switch their minds from the unethically unbalanced state to a generally acceptable ethical frame of mind. But whichever is the case, it should be understood that whatever is worth doing, is worth doing well, because as far as ethics is concerned;
It’s the right thing to do.
Ethics formed by dubious means would tarnish an organization’s public image.
Any business with proper ethical foundation is “good business”.
Workers are usually more attracted to a business that has a core and solid ethical background.

Remember
Integrity is doing the right thing, even when nobody is watching.

Capable by Banky W

2009-07-19T20:53:00.003+02:00

http://www.youtube.com/watch?v=VC86ltLe9Ds&feature=PlayList&p=7D30F36B7B410F96&playnext=1&playnext_from=PL&index=9

Cool music for the evening.
To enjoy this music with me, click on the link above. The beat is really tight... just grab your partner and do that couple thing ( you know what I mean ). Hope you guys enjoy it for real.

ONE LOVE Y'ALL!!!

Microsoft New Pricing strategy

2009-07-19T17:39:00.004+02:00

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Despite the competition in the software world, Microsoft has decided to cut down on prices of fronts from flagship windows, its office product to web services. According to CEO Ballmer, the extensive price reduction will expand the companies market share. The idea is to lower margins in some business areas and boosting over all earnings. Instead of pirating the software, the consumers will find it preferable to pay for it. In China due to the excessive piration of most office products, the price cut off went as low as $29.
(source:www.businessweek.com/magazine/content/09_30/b4140051491507.htm)

I can only hope that this strategy will turn out for good.

Good Advertizing, Good business

2009-07-19T13:53:00.005+02:00

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Your business advert, helps the world to know you, your product, and what you can offer. Now, just clear your mind from the usual drama involved in advertising; producers making cliams and promises, and at the end, disappointing their valued customers. NO, advertising is much more than that. A good advert focuses on the potential of the business, without giving room for false facts. Dont use your advert to the extent where you have to contradict yourself at some point. It is better to leave what you cannot do, and focus on what you can do.

For instance, "Mike was not happy after buying a 2weeks whitening toothpaste, which did not work until after 4weeks of use. As long as Mike was concerned, he was blackmailed to an extent, and instead of him to recommend such to a friend, he would rather propose a better product".

Mike's grievance is not because the product did'nt work. From all indication, the product worked perfectly well, but not according to the time stipulated by the producer. His fear could be that if the product took till be was sceptical about it before it worked, then for someone else, it might not even work at all.

Let me leave the rest of the advert tips for the experts to do. There are a lot of advertizing teams out there, both those that are all about the money and the ones that will guide you through out the whole process of creating a tactical and strategic advertisement. It all ends in making the right choice of advertisement agencies. So please, do make the right agency choice else you could be at the risk of loosing your customers.

Start your Business Today.

2009-07-19T12:31:00.002+02:00

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It is not just enough to want a good business, it takes a high degree of master minding and dedication to flourish in any business venture. The main tool for achieving a good business, is a mixture of proper management, leadership, planning and organization skill. Many businesses lack this essential mix, hence leading to a lot of lapses in the long run. If you want to achieve greatness in your business, why not start mastering the above mentioned mix; management, leadership, planning, and organizing.
REMEMBER:
"A good business is your road map to success", so hurry and join the team of business tycoons today. They are all waiting for you!!!