Economic crisis is not the cause of business collapse

Many businesses today have been brought down not only by the global recession but also by mismanagement. It is not in order to assume that the global economic crisis should only be working against your business. Many managers who are failing today are blaming the bad economic conditions for their poor performance. A good business manager should be able to look for effective ways of handling a bad situation and getting the best out of it.

One of the most deceiving business ideas is that by putting your eggs indifferent baskets, you are going to be successful. Most of the managerial trainings include what is commonly called ‘portfolio management’. This theory supports the idea of investment diversification. This is why managers think that during bad financial moments for the business, they need to diversify their investments in order to reduce the risk of losses. This may not be a solution if the management style is wrong. A poor manager will still fail even in a diversified portfolio.

Many are left wondering about what they should do if diversification is not working. The truth is that diversification should only be left for those who are not sure of making it in one line. Instead of diversifying your investments, you should be thinking of specialization.

You should be looking for the best business strategies that can make you a king in your line of operation. Unfortunately, many business managers view success as only retaining some profits for the business. Very few people are endeavoring to be the most outstanding businessmen.

Saturday, October 3, 2009

Tips to do basic counseling


Sometimes we can insensitively perceive situations according to personal interest. This will inevitably invoke all manner of reactions, and whether in the workplace or the family, the way a hurting person is handled can have a bearing on time management and stress levels and hence lower productivity. Sometimes when you are least affected, you may tend to display a ‘I do not care’ attitude, which could injure the hurting person especially if he/she in handling family wrangles, disjointed relatives and confusing friends.


Shock, denial, anger, guilt and sadness must be dealt with when counseling a hurting person. Of course, these must be dealt with before acceptance and growth can occur. The way stress is managed makes a difference, in the person, in family and the workplace. On the other hand, companies tend to discourage showing stress openly in office because this may cause disorganization, negativity, and apathy at work which is passed to the customers.

Indeed, stress bring with it confusion and most people may not know what to do or say, or maybe they do but still find themselves saying the wrong things. Helping a hurting person should not be in form of mini ceremonies, but simply simple advices. This is because giving extra attention may be more confusing to the person. A hurting person will appreciate your concern of picking up one of his responsibilities temporarily. This means that you must be able to understand the signs of a person who need help which include marked changes in personalities or detachment to emotions.

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