Has the economic instability left you feeling as though there is no hope for the future? Do you dread looking at your investments because of the massive hit that they've taken in recent months? There could be a silver lining to all of this doom and gloom.The only way for you or me to have an impact on our own financial futures is for us to take matters into our own hands. No matter what you hear on the news or read in the papers, the government...more
How fantastic would it be if you could predict the upcoming rise and fall of real estate in your area?Want to find out when to buy? When to sell?By the time you're finished reading this you, will be changed. After all, a home is your biggest expense and investment, so let's begin!Like any other product, real estate markets are based on inventory, supply and demand. I've spent a lot of time studying the mechanisms of our local real estate market,...more
Having a business means you must also be aware that certain risks come with the business. It should be known that business and risk are two observable realities that must always be seen together. Every business owner must be aware of this, whether you are a seasoned business owner or simply a potential business owner. Experience shows that a lot of significant business owners have plunged their businesses into risky ventures and have ended up failing. This can be true for every person.If you find yourself in the field of business or you are about getting into business, you should know that there are so many types of hazards that may plague your business. Some of the hazards or risks involved in business include credit risk, risk relating to compliance with the law, financial risk, risk posed by market forces, unpredictable risk and operational risk. Most of these risks are not only hazardous to either the lender or borrower. Both can affect all jointly as well as individually.A Closer Look at the Various Types of RisksCredit riskThis is the risk which may come about because of unpaid loans. This will be related to either the initial sum of the loan or the interests that accrued...more
There is no form of loan in which rates of interests are not charged on it. However, the rate which you pay on the loan will vary with the type of loan and the lender providing the loan. Every business owner should be principally concerned about the rates charged on the loan. That is why it is always advisable to go in for loans which the interest...more
Ahead of seeking for money to finance a small business, it is necessary to know what a small business is all about. The meaning of this will depend on the location or sphere of operation of the small business. In most cases, the number of personnel that the business has is what will be used to draw a line between a small business and a big one. For...more
One of the greatest tools needed to overcome hurdles in business is to seek for the solutions to surmount these hurdles. Almost every type of business is faced with difficulties. Some seek for solutions and some find it not easy to arrive at the appropriate solutions. Whatever the case, the only solution to surmount any hurdles found within your business environment is to first and foremost look for the root of the problem and then look for the solution. Keep in mind that finding the root of the problem is half a cure to the problem.The Difficulty of Getting Finance for the BusinessAlmost every form of business will be in need of money to take care of its activities. This is true for the big as well as small businesses. Financial difficulties can be experienced at any time in the business. It can be during the conception of the business or at the mature stage of the business. Also remember that without the sufficient amount of money, there is no business that will last for long.Even with the required amount of money, another problem of better administering that money will come up. One thing that should be taken note of is that every business should be able to manage the money that...more
A lot of theories have been propounded and even studies have been advanced on the subject of business expansion. But one that is worth taking note of is the study of Dr Ichak Adizes. In most of his research, he brings out the fact that every...more
4.3 What's the relationship between Strategy and Organizational Learning?Or, as Mintzberg (1987) says: the key is not getting the right strategy but fostering strategic thinking. Or as Shell has leveraged the concept of Learning Organization in its...more
3. Politics and visionHere we need to note two key problem areas. First, there is a question of how Peter Senge applies systems theory. While he introduces all sorts of broader appreciations and attends to values - his theory is not fully set in a...more
2.1 Does IT Impose Any Constraints on Organizational Learning?Huber (1991) notes that "it might be reasonable to conclude that more learning has occurred when more and more varied interpretations have been developed, because such development changes...more
Abstract:In this paper, we introduced the origin of learning organizations. Then, we discussed what a recognized "learning organization" is and analyzed the advantages and weaknesses of a learning organization from our own experience. We also...more
Mortgage Defaults Continue to Grow at Record RatesThe initial wave of toxic Subprime Mortgages that caused so many foreclosures and put so many REO (Real Estate Owned) properties on the market may have subsided - but the bursting of the housing...more