This is a Xerox metaphor. Xerox, up through the mid-1970s, enjoyed a virtual monopoly on plain paper copiers. Xerox did not sell its machines at the time. Rather, it leased them, sold paper and toner customers must use compulsorily on the machines and earned revenues on every copy made on these m..
A thousand years ago, being rich involved very little money. A person’s wealth was calculated in land, slaves, chunks of gold, and jewels – the wealthy commanded respect and obedience through the ostentatious display of those things. Today, wealth is almost always expressed in terms of c..
To make you a champion David Haye, the world heavyweight boxing champion, revealed his blueprint for you and anyone wanting to beat the biggest and heaviest world champion in whatever field of enterprise. Here are his words: “If you persevere well enough, as time goes on you will have to fi..
There are about 200 countries in the world, 25 of them are very rich defined as having an average wealth per person of over US $100,000 a year. Yet there are countries that are extremely poor with per capita wealth of under US $1,000 a year or under US $3 a day. Every country now is more or less..
Self appraisal allows you to remind yourself and your boss of your accomplishments, put your successes and missteps into context, and articulate goals for the future. But doing it well can be tricky. How many people are truly objective about their own performance? And how can you find the right bala..
A simple aim brings focus to what people do. A simple proposition is easy for people to understand. Simple acts take less time to learn and less time to do, and cost less. Simple systems take less time to establish, are easy to change and are actually more satisfying for the people who w..
This is for all to reflect on and . . .ACT! The difference between the poor countries and the rich ones is notthe age of the country. This can be shown by countries like India and Egypt that are more than 2000 years old and are poor. On the other hand, Canada, Australia and New ..
Here are the seven cognitive biases. Which are the dominant ones for you? 1. Status Quo Bias: It is natural to want to preserve the status quo and, human nature being what it is, we tend to defend the dominant logic against a model that is new but conflicting. It is important to understand tha..
As you read this, think of the organization you work for; think of thecountry. For you and me, the organization you work for and this country, for all of us to keep up, in fact to innovate and remain constantly relevant, we need brains, patience, money, luck and . . . Stubbornness. Many ..
In 2009, Nigeria paid 209 billion naira as subsidy for petroleum products imported into the country. By 2011, i.e. two years after, the subsidy payment jumped to 2,700 billion (2.7 trillion) naira. In the two years, did the country consume 10 times as much petroleum products? In the two years, did t..
Our earth is facing the perfect storm or do you not see that yet? The oceans are drying in our time. By 2048, that’s less than thirty years from now, all fishes may be dead. Only 100 billion humans have ever inhabited our earth of which seven billions are alive today. Yet these seven billio..
To repeat, it’s simply in our best interest to add our contribution and give Nigeria's new government close marking everywhere we can to help them now. Let’s look at another set of signals of some of politiciansstrategy that, if seen, should be worrisome to us all. On Jan..
When it comes to politics, there is no perfect strategy – no algorithm – that can guarantee the behaviours of politicians any where. But it’s simply in our best interest to add our contribution and give them close marking everywhere we can to help them now. Let’s first loo..
The test of a first-rate intelligence is the ability to hold two opposing ideas in the mind at the same time and retain the ability to function. Here are ten such tests: 1. Combining confidence with humility. 2. ..
In many companies, the best sales representatives may earn as much, even sometimes more than several senior members of the company, and the Chief Executive is delighted at their success. The Chief Executive knows that these sales reps are the places where sales are won and lost. Marketing attracts p..