Saturday 24 January 2009

SEVEN THINGS TO DO WHEN STARTING UP YOUR VENTURE

When setting an organization, especially a small firm with employees less than ten it is very important to do these following things as a guideline for a successful implementation of strategies.
· When hiring your pioneer employees, it is not necessary to hire the smartest or the ones that have had good academic grades, hire the ones that bear the same passion as you, the ones that want to make things happen and have similar vision as you do.
· When you have an idea that you think needs to be implemented make sure you write it down, it gives you the inspiration to accomplish it.
· Create an environment where mistakes are acceptable, let the culture in your organization be positive and make sure to reward outstanding performers.
· When setting targets set reasonable ones, also make sure you communicate properly with employees on what is expected of them, remind them every day and make sure to provide them with resources that can aid them achieve the objectives.
· Don’t be in a hurry to gain lots of customers, just be sure you satisfy the ones you have, they will bring others to you.
· Have a detailed business plan, don’t just start the business without a business plan, a business plan tells you where you want to go and helps you get there.
· Lead by example, be the front runner of the business, the last to leave and the first to resume, don’t just delegate duties but be the action runner. Don’t forget to create teams.
Remember, if you do what you have always done, you will get what you have always gotten.

Written and compiled by Ukwa Ikenna Nicolas

Thursday 22 January 2009

Welcome

Strategy Africa is an online blog created by Ikenna Ukwa. Strategy Africa is built and designed to help individual corporate small, medium enterprises worldwide to understand the basics of strategizing in their various competing industries. It helps young entrepreneurs in understanding the act of crafting and executing strategies to gain sustainable competitive advantage.
Our target market are Small and medium enterprises ,We have vast experience in the business world by partnering businesses in the Financial industry, Management sector, Information technology segment and the Branding industry, we have an in-depth view of business as we want to help our partners gain knowledge when starting up their organizations to when their organizations are fully established by helping them understand the market and what strategies to craft, follow, implement and enforce. We leverage our experience with start-ups and early stage clients to not only ensure they have the plan they need, but also to provide strategic and financial insights and advice that add value to their business.
We want to start our edition on this blog slowly by publishing managment articles so that our esteemed readers, can gain the insight of understanding the business world in a broad context.

We also believe in implementing change strategies with intent of business growth.

Welcome to the world of strategies.. Welcome to business solutions


Strategy Africa