The urge for business is mainly driven by profit motives, influence and the search for power. Among the reasons for doing business, profit motives pass all. The ability to make profit is dependent on many factors; notably leadership. The most successful businesses have been credited for their decisive leadership...
…Transforming business models for a new era
Nokia was once a dominant force in the mobile phone industry, known for its durable and innovative devices. However, the company failed to recognize the growing importance of smartphones and the shift towards touchscreen technology. While competitors like Apple and Samsung embraced the...
Discussion in the preceding section affirmed transactions of bitcoin and other cryptocurrencies were mostly unregulated. However, the trend has reversed or improved in recent years. The anti-money laundering (AML) and counter terrorism financing watchdog for the global community, Financial Actions Task Force (FATF), has set rules for the cryptocurrency...
Strategic ways corporate Ghana can contribute to sustainability through social media marketing
Meeting the needs of the present without compromising the ability of future generations to meet their own needs. ---The UN Brundtland Commission, 1987
The past decade has witnessed the rise of two powerful components in the business world –...
The ultimate dream of every financial institution is to climb the global corporate ladder to be one of the best if not the best already. To achieve this, there is a need for the banks’ strategic plans to include a more balanced risk management approach to secure the bottom-line...
Frequent and intense droughts, floods, heat-waves, tidal waves and warming oceans are becoming rampant due to climate change. We know and experience them, and yet somehow climate change still appears remote to the average person despite the obvious harsh impacts as well as opportunities that this global conversation presents...
Fixed deposits, also known as term deposits, are similar to certificates of deposit in that they are a combination of a savings account and an investment vehicle. When a person purchases a fixed deposit, they deposit money into a bank and receive interest payments in return. The interest rates...
…a fresh look at workplace conflict
Conflict is a natural occurrence, not just in personal relationships, but also within a professional environment. Workplace conflict, like a storm, brings a sense of tension and chaos. Yet, just as a storm may nurture growth and renewal, conflict can catalyze transformation, evolution, and...
The advent of technology has empowered businesses around the world to invest in information systems to simplify processes and improve efficiency of their operations. It is important to revere the transformational effects of modern technology on business operations, but we should also not lose sight of the cybersecurity threats...
