Small to medium-sized businesses often view a formal system and process as unnecessary, which can lead to inefficiencies, wasted time and hinder business growth. However, a clear structure in the form of authority, job roles, communication channels, and strategy can provide a roadmap for the business and help achieve business objectives. Many businesses feel that…
Category: Business
The importance of Business Analytics in decision making
The importance of Business Analytics in decision making We are now living in a fast-passed era, where decisions need to be made quickly to solve a personal/Business problem while mitigating the risk of making a bad decision. In most cases we make decisions based on our past experience, however, we have situations which require critical…
Why Social Media is important for your business
Consumers are now exposed to many contents online and different marketing strategies are being used by companies to communicate their brands. This is a good time for businesses to establish their presence online in order to communicate with their consumers online. Here are 5 reasons why it’s important for your business to use social…
Critical Thinking – Critical Thinking and Its Importance in Education
Introduction Technology, travel and business have brought countries together, so does our thinking evolve. No more thinking within our boundaries, we need critical thinking to evaluate our own decisions in everything we do. For example, how do you teach students without discriminating their beliefs or religion? How do we start a business in a country with different laws from ours…