Posted on March 3, 2024
Quote of the day #2
“Out of your vulnerabilities will come your strength.”-Sigmund Freud
Posted on March 1, 2024
Quote of the Day #1
“Becoming isn’t about arriving somewhere or achieving a certain aim. I see it instead as forward motion, a means of evolving, a way to reach continuously toward a better self. The journey doesn’t end.”-Michelle Obama, from Becoming
Posted on February 22, 2024
Good to read posts
Posted on February 17, 2024
Organizational Planning and Execution in Three Levels – Strategic, Tactical, Operational
When you are developing a plan for a company based on the time horizon, which could be like six months or a one-year plan, you need to consider these three dimensions. The Strategic Level The strategy level is… Read More
Posted on February 14, 2024
Scenario Planning: Strategy, Steps and Practical Examples
Posted on January 30, 2024
Steps to Analysis the problems of a firm
Define the central issue Define the firm’s goals Identify the constraints to the problem Identify all the relevant alternatives Select the best alternative Develop an implementation plan
Posted on January 30, 2024
What is the Dunning-Kruger Effect?
The Dunning-Kruger effect occurs when a person’s lack of knowledge and skill in a certain area causes them to overestimate their own competence. By contrast, this effect also drives those who excel in a given area to think… Read More
Posted on January 29, 2024
3 Types of Marketing Research Designs (Exploratory, Descriptive, Causal)
There are 3 types of marketing research designs, and they are: exploratory, descriptive, and casual. Exploratory research is used in obtaining preliminary information that will help identify the problem and hypothesis. It is done to understand what is happening… Read More
Posted on January 28, 2024
The Decoy Effect
he Decoy Effect is the phenomenon whereby adding a third pricing option makes the consumer change their preference towards an option the seller is trying to promote. The “decoy” is priced to make one of the other options… Read More
Posted on January 21, 2024
SYSTEMS THINKING: WHAT, WHY, WHEN, WHERE, AND HOW?
What Does Systems Thinking Involve? It’s important to remember that the term “systems thinking” can mean different things to different people. The discipline of systems thinking is more than just a collection of tools and methods – it’s… Read More