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Picture of Elizabeth Ayo-Vaughan
by Elizabeth Ayo-Vaughan - Thursday, 17 September 2020, 9:45 PM
Anyone in the world

Today I had a conversation with my colleague about one of the brands we represent. It was not competitive amonglike brands lin the market and it was not always favorable to customers as well. The reason why the latter exist is as a result of bad distributors. This has now affected sales of the brand to key prospective customers. Nevertheless, sales must continue so in Barner's voice "Challenge accepted". ( If you watched How I met your Mother, you will get smile  

You see, in sales, you will need to be patient and impatient at the same time. Here is why. In our MMBA1 group, a classmate of mine said "delay is dangerous". This quoted statement says everything you need to know about chasing sales in any industry and this is where impatience comes in. Immediately you send a quote, follow-up immediately. There is no time to waste. The is because as you are quoting, others are quoting and so it is a race with time and a race to getting that PO or request. This is the fun part. The chase. The suspense. The breaking of difficult customers. The continuity. All adds to the job and makes it fun. This is when I believe ones impatience comes in. You will constantly be in the face of the customer. A sales person in the face of the customer is never forgotten.

However, in being impatient, you must also be patient but alert.  Things move fast and information travels faster. Where am I going with this?

The idea of not selling because at the moment it seems expensive or everyone already has an exact equivalent of the product does not mean that a sale of your brand cannot be made nor does it simple mean your brand is not competitive in the market. It may just mean you entered the market late, at that time. Now. one must look at future sales. Is the market growing? If so, then why conclude that a brand cannot make sale. The current situation, simple presents itself as a way to build relationships between clients. Find other entry levels of sales to the customer that will keep you relevant for the time being. One cannot simple conclude that since it is hard to make a sale now, then we can never make a sale. 

An equal amount of impatient and the right amount of patience (this is not over zealous resting) is needed in every sales man. smile 

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Picture of Brenda Obasogie
by Brenda Obasogie - Thursday, 17 September 2020, 7:59 PM
Anyone in the world

The examination for ABP was written last Saturday. It was a take home exam. Ironically, because of the circumstances, we would have been taking the exam at home anyways.

I have never written a take home exam before, but the experience brought some memories of a certain undergraduate civil engineering course that had a take-home exam. The students will come for the questions in the morning, and had about six hours to submit. They were to take the question ‘home’ and bring the answer back. Many of them though ended up in the library, with access to all sort of materials, and yet the frantic atmosphere when submission time was near! It left a ‘not-to-be- desired’ feeling about take-home exams. My experience last Saturday confirmed my fears. The questions for these kind of exams are designed to consume your time. Irrespective of the rules, it’s a stressful event. I’d rather pass.


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Picture of Antonia Oguntubi
by Antonia Oguntubi - Thursday, 17 September 2020, 6:02 PM
Anyone in the world
Isaiah 53:5 says But he was pierced for our transgressions, he was crushed for our iniquities; the punishment that brought us peace was on him, and by his wounds, we are healed.

The last line says by his wound we are healed, it does not say we might be healed, or we would be healed but that we are healed. This means it is already been done, it is left for us to recognise it and claim it in our lives.

Jesus paid the ultimate price by dying that we might live and along with our salvation is divine health. Today I encourage you to understand and claim your right as a child of God. Jesus already took our sicknesses and bore our infirmities, we can’t have what has already been taken.

Thank you
 
Anyone in the world

https://www.nytimes.com/2020/05/24/business/economy/coronavirus-pay-cuts.html?referringSource=articleShare

I support a salary reduction instead of layoff especially at a trying period like the current pandemic. There’s hardly any form of recruitment happening at this period. If staffs asked to go, the probability of them getting any employment offer is near zero. Therefore, I prefer a pay cut in order to keep as many people as possible in employment especially at a time like this. Getting a pay cut is not easy but when viewed from the perspective of helping others retain their jobs, then it doesn’t hurt as much. It is a shared sacrifice.

Again, keeping staffs and reducing salary instead can also be viewed from the perspective of ensuring the readiness of the organization when the economy bounces back. If you lay off your staffs at this time, it will be much more difficult to get them back when you need them (that is if they are still available). My organization learnt this the hard way when they were looking to recruit for a new project. It happened that the only Nigerians with the expertise being sort for were people that have left the organization, many of whom were laid off. My organization had to pay much more with all the stress alongside the recruitment process just to have those people back. At the same time, they couldn’t even get the best hands they laid off because those people were not willing to come back. Now, they are more careful with layoffs. In this pandemic, they have found ways to keep most of the staffs when ordinarily they would have laid off people.


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Picture of Oluwasegun Babaleye
by Oluwasegun Babaleye - Thursday, 17 September 2020, 12:00 AM
Anyone in the world

A lot of  people think of plagiarism as copying another's work or borrowing someone else's original ideas. However, terms like "copying" and "borrowing" often disguise the seriousness of the offence:

ACCORDING TO THE MERRIAM-WEBSTER ONLINE DICTIONARY, TO "PLAGIARIZE" MEANS

To steal and pass off  as one's own

To use  without crediting the source

To commit literary theft

To present as new and original an idea derived from an existing source

In other words, plagiarism is an act of fraud. This involves both stealing someone else's work and then lying about it afterwards.

BUT CAN WORDS AND IDEAS REALLY BE STOLEN?

According to United States law, the answer is yes. The expression of original ideas is considered intellectual property and is protected by copyright laws, just like original inventions. Almost all forms of expression fall under copyright protection as long as they are recorded in some way.

ALL OF THE FOLLOWING ARE CONSIDERED PLAGIARISM:

Turning in someone else's work as your own

Copying words or ideas from someone else without giving credit

Failing to put a quotation in quotation marks

Giving incorrect information about the source of a quotation

Changing words but copying the sentence structure of a source without giving credit

Copying so many words or ideas from a source that it makes up the majority of your work, whether you give credit or not (see our section on "fair use" rules)

 Most cases of plagiarism can be avoided, however, by citing sources. Simply acknowledging that certain material has been borrowed and providing your audience with the information necessary to find that source is usually enough to prevent plagiarism. 

WHAT ABOUT IMAGES, VIDEOS, AND MUSIC? 

Using an image, video or piece of music in a work you have produced without receiving proper permission or providing appropriate citation is plagiarism. The following activities are very common in today’s society. Despite their popularity, they still count as plagiarism.

Copying media (especially images) from other websites to paste them into your own papers or websites.

Making a video using footage from others’ videos or using copyrighted music as part of the soundtrack.

Performing another person’s copyrighted music (i.e., playing a cove

Composing a piece of music that borrows heavily from another composition.


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Picture of Oluwasegun Babaleye
by Oluwasegun Babaleye - Thursday, 17 September 2020, 12:00 AM
Anyone in the world

A lot of  people think of plagiarism as copying another's work or borrowing someone else's original ideas. However, terms like "copying" and "borrowing" often disguise the seriousness of the offence:

ACCORDING TO THE MERRIAM-WEBSTER ONLINE DICTIONARY, TO "PLAGIARIZE" MEANS

To steal and pass off  as one's own

To use  without crediting the source

To commit literary theft

To present as new and original an idea derived from an existing source

In other words, plagiarism is an act of fraud. This involves both stealing someone else's work and then lying about it afterwards.

BUT CAN WORDS AND IDEAS REALLY BE STOLEN?

According to United States law, the answer is yes. The expression of original ideas is considered intellectual property and is protected by copyright laws, just like original inventions. Almost all forms of expression fall under copyright protection as long as they are recorded in some way.

ALL OF THE FOLLOWING ARE CONSIDERED PLAGIARISM:

Turning in someone else's work as your own

Copying words or ideas from someone else without giving credit

Failing to put a quotation in quotation marks

Giving incorrect information about the source of a quotation

Changing words but copying the sentence structure of a source without giving credit

Copying so many words or ideas from a source that it makes up the majority of your work, whether you give credit or not (see our section on "fair use" rules)

 Most cases of plagiarism can be avoided, however, by citing sources. Simply acknowledging that certain material has been borrowed and providing your audience with the information necessary to find that source is usually enough to prevent plagiarism. 

WHAT ABOUT IMAGES, VIDEOS, AND MUSIC? 

Using an image, video or piece of music in a work you have produced without receiving proper permission or providing appropriate citation is plagiarism. The following activities are very common in today’s society. Despite their popularity, they still count as plagiarism.

Copying media (especially images) from other websites to paste them into your own papers or websites.

Making a video using footage from others’ videos or using copyrighted music as part of the soundtrack.

Performing another person’s copyrighted music (i.e., playing a cove

Composing a piece of music that borrows heavily from another composition.


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Picture of Virtue Joseph
by Virtue Joseph - Wednesday, 16 September 2020, 10:12 PM
Anyone in the world

Ahead of the Data Analytics exam coming up on Saturday, the 19th of September 2020, I began reviews this week. Given below is a summary of the reviews so far.

  • Probability is the likelihood of the occurrence of an event and lies between 0 and 1. A probability distribution can be Discrete and Continuous. Discrete is split into Binomial and Poisson while Continuous is split into Normal, Exponential and Uniform distributions.
  • Correlation shows the relationship between one or more variables and lies between -1 and 1. 
  • The limitations of correlation include: inability to show causality, dependent and independent variable, cannot be used for forecast and does not have a defined model.
  • Regression also shows the relationship between one or more variables but addresses the limitations of correlation.

There is still more ahead. I pray for God's help.

 
Picture of Ama Apakama
by Ama Apakama - Wednesday, 16 September 2020, 7:38 PM
Anyone in the world

"Sometimes what you like is not what is good for you" CT Apakama MD.


It occurred to me that at the end of 2020, all the courses I had zero interest in (5/8, I am not mentioning names) will be done and dusted! 


But it is imperative to note that I could not fully embrace, appreciate or fully comprehend all that is ahead without the "suffering" that is behind. For this experience, I am truly grateful. For the fact that they are behind though, I am truly relieved!


It is interesting the level of confidence that you can gain from less than a year of business school. The future must be bright...

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Picture of Elizabeth Ayo-Vaughan
by Elizabeth Ayo-Vaughan - Wednesday, 16 September 2020, 2:18 PM
Anyone in the world

So yesterday, as I was speaking to my friend and trying to catch up, I asked him a question of which I should know the answer . This became an issue. I was told I am not a good listener and I have been told this time and time again. I did not deny this because I was very self aware of my poor listening skill. My only problem was finding a remedy to it.

I started work today with that feedback in mind. Me not being a good  listener. It was not a good thing. It can actually mar you than make you. I like talking to people and really being interested on what they are doing and their lives but how can I be more interested if I do not know how to listen. 

So I started by asking my friend what to do and how to be a good listener. He said

1) Note that it is not about you

2) Do not interrupt

3) Be interested no matter what 

Looking at the above, I am not the above some times so I took this and decided to apply immediately. 

Coincidental as  I started to do my work, I decided to play the recordings of Management communication in the background so that  I can listen as I work as exams are around the corner. It turned out to be the listening class and was such a perfect moment. I listened and worked and pondered on why really I am not a good listener. I began to use ABP to identify this. I put my thoughts on my whats app status and my friend called me immediately. We spoke on length about it and how it affects other aspects of life and found remedies to it. I consciously used that conversation to learn listening. I explained why I do not listen and what happens. I identified the issue and found possible ways to correct the issue. 

Come 1pm, I had a meeting of which I was already late for, I decided to listen attentively to my customer as she was already complaining about price. It almost felt like a rant. I tried interrupting her but man she really wanted to let it out. Then I thought, I have to listen to her first and I did. I kept quiet and only spoke when she did not speak. It was hard for me but I pulled through smile. Without expecting it, she thanked me for listening to her and my mood became so much better. Now I really want to find a better cost system for her as this is a grant. It has become personal to me because this customer believes in me. 

In all, I learned, Unlearned and Relearned smile 

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[ Modified: Thursday, 17 September 2020, 9:51 PM ]
 
Picture of Nnaemeka Nwosu
by Nnaemeka Nwosu - Wednesday, 16 September 2020, 1:54 PM
Anyone in the world

On a cold night of September, I sat with a cup of brandy, thinking and trying to figure out the challenges that lay ahead of me, had my MBA to deal with, a start-up on the verge of beta-testing, delayed contract talks on a commodity trade deal, bills and more bills. How was I to maneuver this quagmire with minimal stress? What is the source of the anxiety i am experiencing? these questions kept knocking at me.

Growing up, I had always tended to place loads of pressure on myself, for reasons i will rather keep private, however, this attitude always made me pile up more than I could carry. So here i was on this cool night, cup of brandy in hand and it hit me, what if I used the Analysis of Business Problem framework to breakdown this situation? quickly I pulled my laptop close, access my personalized ABP template (Word document) and got to work.

An hour and thirty minutes after, i am looking at the progress and within all of the analysis, something stood out; How far I had come. I had a decent portfolio of projects running and all I had to do was priotize and know which ones provided me with the best value from a short-term to long-term basis, putting into consideration funding needs, flexibility, risk level and a few more parameters.

The amazing part of it all was being able to identify what exactly my dilemma was (I believe I figured it out) as well as seeing where I hoped to be, putting all these together and I arrived at the recommendations (Although I believe I still need a 2nd person review)

In all, the ABP framework gave me more perspective and I was able to know the next best steps to follow and how to go about achieving them. Like Dr Anibaba said, ABP goes beyond business environments, it also enables one to make the best decisions as regards their personal lives, and I recommend this approach to anyone looking for answers to personal life challenges.

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