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.

Monday, November 9, 2009

Dreams- secrets on how to actualize them.

The power of positive thinking cannot be over-emphasized. The people who have turned around the world were not the most gifted but those who had positive dreams and worked towards achieving them. Ten years from now, you may not be able to dream as you can now, and even if you were, you may be time barred to achieve them. This means that the time is now; to dream and act towards actualizing them. Do not wait for tomorrow, in fact tomorrow will be late by a day.

What is it all about dreams? Just take a while a think about what you would like to be written or said about you at your funeral. That is exactly the kind of life you will have lived. But you have all the powers to dictate what will be written about you. However, we do not just get to our destinies to have good testimonies at our burial ceremonies but to die as achievers having offered everything that was within our abilities. Of course, nobody would like to die knowing that he has achieved nothing.

How do you dream or what should I dream about? There is nothing like being over ambitious when it comes to what you would like to be. Dream as big as you can imagine. Remember that all dreams are achievable. If you can conceive it in your mind, you can achieve it.

How do you achieve it? It is definitely not an event. You must work daily towards it. It becomes something that you are thinking about as you live and looking for ways to make it a reality.

Dealing with marriage crisis

A marriage is not a bed of roses and even if it were, roses also have thorns. Getting into a marriage with a mind-set that you will not get any trouble can only be termed as suicidal. In fact, marriage is just the beginning of problem. But we can not run away from problems and crisis. We have the responsibility to ensure that ensure that the things that happen to us are beneficial and avoid being victims of circumstances. How can this be done?

Majority of marriage problems may be bigger in scope than you can ever imagine. What you are seeing as the problem may not be the actual problem and so you need to adjust your mind early and get to the root cause. This means that you need to go into the problem having already set to handle the worst.

There are no secrets in this world and both parties to the marriage must be ready to disclose all the material facts. This means that everyone must have the willingness to solve the problem by getting into its root cause. Be informed that if you try to suppress any information during a crisis, it will eventually be disseminated and the other party will see it as lack of faithfulness.

Most crisis end officially with the settlement of some kind and this must be accompanied by a sacrifice from one or both parties. After the crisis come the clean up, clean up means change and often accompanied by promises.

Guidelines on how to identify and avoid unrealistic management practices.

Every business wants to succeed. This has left managers struggling with every piece of information that could at least guarantee their success in business. There are a lot of journals, newspapers, magazines and other reading materials that contain much information on business management. I appreciate the fact that managers are able to access a wealth of knowledge from different websites that if well implemented will enable them to take their businesses to the next level. However, be careful about some management tips normally given by unqualified and inexperienced writers who not only give us wrong ideas but also unworkable and unpractical styles. This has made many organizations to fail simply because tried something that does not apply to them.

Not all principles are unrealistic. Some are just not applicable to your organization. Therefore while reading these articles; you need to ask yourself if what you are putting in your mind can be correctly applied in your organization without bringing unnecessary complications and hence resulting into success. Some of the things that you are sometimes advised to put in your business may actually cause the business to have a downward trend.

You must identify who to follow. Make sure you have reliable and experienced managers who share their experiences in writing. In short, know your writer. But every manager must have the ability to judge responsibly and take what works for him. Some writers also put things in such a complicated manner that sounds so friendly to the ears but proves very hard to implement. Avoid the ones that are so complex