Blog entries about iClass - a Learning Management System
It makes sense that to get to a destination; you need to know where and the circumstance around which you are starting from. This is the logic behind this framework. It is basically a tool that helps in the making of better decisions by assessing the current situation. They are divided into four main groups:
1. Simple situations.
2. Complicated situations
3. Complex and the
4. Chaotic situations
Simple/Obvious situations: These situations are made up of knows that are known. Well established cause and effects. In such situations, we can use our senses, categorize and respond to an action on the basis of best practice. e.g. help desk problems
Complicated situation: These situations have several correct solutions and some information. So the senses have to be used and the options analyzed, establishing a relationship and making a decision.
Complex situation: The outcomes are unpredictable and not straightforward, so the best thing is to probe, before we can use our sense to respond. Many business situation fall here.
Chaotic situation : In this situation there is no relationship between cause and effect. As the name implies, there is a need to act and respond as quickly as possible. The first point of call is to establish stability. This is common in emergency scenarios
It helps flexibility and adaptability in making decisions, adjusting style to fit circumstance
Tomorrow, May 29th, 2021, two of England's best teams, Manchester City and Chelsea, will play for Europe's top flight in the championship final. Chelsea having recently defeated Manchester City in the just concluded Premier League, gives the match a different dimension.
With a cold bottle of Heineken in hand, I will be watching the game with my Chelsea brothers.
May the best squad come out on top.
Thank You for your time...BENTLEY
The best moments i have had in life were with my father. He taught me everything in practical terms before by teachers ever did. He reminded me of the lessons, after my teachers hung up the chalks. I never forget the many night spent together, reviewing my school works. He was my hero, and still is, though long gone from the temporary camp called earth. I miss my father, but not his lessons. They are always here with me. Share of my father's lessons.
1. Always appreciate a gift with a gift.
2. Keep your appointments.
3. Smiling makes you more handsome.
4. Always stand with truth.
5. Lend a helping hand whenever you can.
6. Learn something new everyday.
7. Love with everything in you.
A company can finance its assets either with equity or debt. Financing through debt involves risk because debt legally obligates the company to pay interest and to repay the principal as promised. Equity financing does not obligate the company to pay anything -dividends are paid at the discretion of the board of directors.
There is always some risk, which we refer to as business risk,
inherent in any operating segment of a business. But how a company chooses to finance its
operations- the particular mix of debt and equity - may add financial risk on top of business risk
Financial risk is the extent that debt financing is used relative to equity.
In the modern business environment, leaders are not expected to use their authority to force others to carry out tasks. Rather leaders are expected to influence action through persuasion, and business audiences expect persuasion to be rational and not primarily emotional.
To appeal to others through reasoning, leaders have to use arguments, which is a way of reaching a conclusion by using evidence. Evidence comes in different forms - they could be qualitative or quantitative facts, calculation, inferences, theoretical knowledge, personal experience, and expert opinion.
An argument consists of three elements: 1. The evidence, 2. The Assumption, and 3. The conclusion. Oftentimes, only the evidence and conclusions are presented together. For example, in the statement ‘our cost rose by thirty per cent in the last year, we must reduce our cost’, the evidence is ‘our cost rose by 30 per cent in the last year’, and the conclusion is ‘we must reduce our cost’. The assumption is missing in the statement, but it is implied. The assumption could be ‘the increase in cost reduced our profit', but that may not be the case. It is also possible that the profit increased by 100 per cent, against the 30 per cent increase in costs.
The quality and strength of an argument lie in the assumptions. If the assumptions are wrong, then the argument is incorrect, and if the argument is not acceptable by the audience, it will not yield the desired results. It is important to note that an argument might be incorrect and be accepted by the audience and that an argument might be correct and yet rejected by the audience.
Defensiveness is the quality of being anxious to challenge or avoid criticism.
Defensive behavior can hurt relationships, individual well-being, ability to make decisions and productivity.
To achieve being less defensive in relationships is learning how defensiveness really works and how to manage it in a healthy way. Momentarily managing defensive behavior in is a bit more difficult.
The first step to managing your own defensiveness is to know your defensive signs. Common signs include fast heart beat, stuttering, raising your voice, First take note of the way this manifests physically..
- Acknowledge it
- Slow down
- Check negative self talk
- Create an Action step
- Start over
Grit is a ruthless, stubborn, single-minded determination to achieve a goal.
So, I once had this appointment for 1pm and believe you me, I left my location 2 hours earlier for the 45 minutes ride to have ample time to meet up with the appointment. But you know how it’s said that life is never straight especially when you need it to be, right?
As (mis)fortune would have it, rain decided to fall that day and if you are Lagos based like me, you know that rain and traffic are like 5 & 6.
So here I was, driving through the traffic, listening to music and naively telling myself that ‘this too shall pass.’
But would you believe it, that 30 minutes to the appointment time, Google Maps told me I still had another 53 minutes to arrive at my destination because well, traffic. Rain was also still drizzling enough to make one stay put indoors if one didn’t really need to go out. Refusing to let panic mode set in because this was a really really crucial appointment, I knew I had to be creative but also knew I couldn’t carry the car on my head.
So you know what? I made a detour, parked the car in a supermarket, got out, picked the materials I needed for the appointment including tissue paper to dust off inevitable dirt and with my black suit and black spiky heels, flagged down an Okada (motorbike) because well, necessity is the mother of invention. As you may have imagined, the more trendy Gokada I had ordered with my phone, was taking forever to arrive.
Of course, I was aware of the HSE risk of riding an Okada in the drizzling rain over a distance of 11km but I had more to lose by remaining in the traffic. Besides, what’s life without calculated risks huh?
I will spare you the rest of the details of the eventful journey and will conclude by saying that though I arrived 10 minutes later than scheduled, I met the appointment. Before sashaying in for the appointment in my all black attire, black spiky heels and under-stated black accessories looking like the power lady I know I am, I cleaned off the evidence of the Okada ride with my tissue paper. Because again, you never need to look like anything (rough) that you have been through.
I rode a Gokada afterwards to pick my car.
Temperance is simply self-restraint or moderation.
There is a story I heard in my childhood that has stuck with me. That the difference between an animal and a human is that a human applies sense and can be temperate.
For instance an untrained animal will see food, it is hungry and it eats. Simple! Where as a hungry human will see food then begin to ask himself some questions. Is this food good for my current diet? Am I the owner of this food? Was this food prepared in sanitary conditions? Do I feel like eating this kind of food? Can I afford this food? There lies the difference. We as humans have the ability to apply restraint. Do we?
The moment we lose that restraint and feel like we need to get every single thing that tickles our fancy, we lose a part of what makes us human. We have no self mastery. No ability to say no.
We move where the wind blows us, the latest iphone, the fanciest car, the heaviest gold, the hottest babe(even though we are not a commodity, some people think we are, so let me humor them). You name it, there is an abundance of alluring material goods and we all have our opium.
A temperate person trains the will to be able to master the instincts and direct sensitive appetites towards what is good. Temperance puts order to emotions and affections while ensuring equilibrium in the use of material goods.Saying no brings an internal victory that is a source of peace. When last did you say no? Are you exhibiting human or animal tendencies?
Correlation measures the degree to which two things are related to one another. For example, I will expect there is a correlation between the level of education and the salary earned. When one goes up, so does the other. Some relationships will be the other way round. Maybe, the correlation between the weight of people and the number of times they exercise in a week.
Two variables (measurement of things) are positively correlated if a change in one is associated with a change in the other in the same direction, such as the relationship between height and weight. Taller people weigh more (on average); shorter people weigh less. A correlation is negative if a positive change in one variable is associated with a negative change in the other, such as the relationship between exercise and weight.
The power of correlation as a statistical tool is that we can summarize an association between two variables in a single descriptive statistic: the correlation coefficient, a single number ranging from –1 to 1. A correlation of 1, means that every change in one variable corresponds with an equivalent change in the other variable in the same direction. A correlation of –1, means that every change in one variable is associated with an equivalent change in the other variable in the opposite direction.
The closer the correlation is to 1 or –1, the stronger the association. A correlation of 0 (or close to it) means that the variables have no meaningful association with one another, such as the relationship between car accidents in a year and the volume of fish imported.