What is sustainable tourism development?

Photo by Haley Black on Pexels.com Sustainable tourism development is a research area that can cover a wide range of ideas.  Everything from economic growth to environmental protection falls under its banner.  What ties them all together, though, is a long-term aim for growth and development.  Anyone working in the field of sustainable tourism wants to see renewable resources … Continue reading What is sustainable tourism development?

What is Strategic Leadership?

British Prime Minister Theresa May, German Chancellor Angela Merkel, Canada's Prime Minister Justin Trudeau, France's President Emmanuel Macron and Japanese Prime Minister Shinzo Abe wait for U.S. President Donald Trump to join them for a family photo at the G7 Summit in Charlevoix, Quebec, Canada, June 8. REUTERS/Leah Millis Businesses often set ambitious goals but … Continue reading What is Strategic Leadership?

Office essentials you shouldn’t ignore

Photo by Nicola Barts on Pexels.com For most people that are employed, they will spend a considerable amount of time in an office. It is certainly not everyone’s dream to be cooped up in a building all day, in a cubicle of your own with hundreds of other people in close proximity; but for many, … Continue reading Office essentials you shouldn’t ignore

How to promote participation among diverse groups

Groucho Marx once said, "I'd never join any organization that would invite me to be a member." Well, we'd want Groucho in our organization, and (if he were alive) we think we might get him to join. That's because we want members from all sectors of the community. And that's what this section is about. … Continue reading How to promote participation among diverse groups

What is PESTEL Analysis?

PESTEL Analysis is a strategic framework used to evaluate the external environment of a business by breaking down the opportunities and risks into Political, Economic, Social, Technological, Environmental, and Legal factors. PESTEL Analysis can be an effective framework to use in Corporate Strategy Planning and for identifying the pros and cons of a Business Strategy. The PESTEL framework is an extension of the PEST strategic framework, one that includes … Continue reading What is PESTEL Analysis?

Digital Disruption: Everything you should know

Don’t be fooled by the term ‘disruption’. Many people misinterpret this as meaning the process of digital disruption is a negative one; that it is an attack on their business. Photo by Olya Kobruseva on Pexels.com In reality, it is only a negative force for those who chose to ignore it or try to fight … Continue reading Digital Disruption: Everything you should know

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Why organizations should invest in human capacity development

Employee training and development programs are essential to the success of businesses worldwide. Not only do these programs offer opportunities for staff to improve their skills, but also for employers to enhance employee productivity and improve company culture. Employee training and development programs are critical for enhancing employee performance. Training also can boost employee turnover,Companies can offer … Continue reading Why organizations should invest in human capacity development

Innovation

What’s your preferred management theory?

What are Management Theories? Management theories are concepts surrounding recommended management strategies, which may include tools such as frameworks and guidelines that can be implemented in modern organizations. Generally, professionals will not rely solely on one management theory alone, but instead, introduce several concepts from different management theories that best suit their workforce and company culture. At … Continue reading What’s your preferred management theory?

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How managers can delegate effectively to develop employees

Managers have some tasks that they need to do, but their primary job is to make sure that others are doing what they have been assigned to accomplish the mission and goals of the organization. Effective managers know what responsibilities to delegate to allow themselves time to plan, to collaborate with others in the organization, … Continue reading How managers can delegate effectively to develop employees

How to grow your business with Key Performance Indicators (KPIs)

You may have a gut feeling that your business is humming along smoothly — and you might be spot on. But there is no substitute for concrete numbers when it comes to measuring your business’ financial health. That’s where financial KPIs — key performance indicators — come in. KPI is a blanket term for the types … Continue reading How to grow your business with Key Performance Indicators (KPIs)

Consumer behavior and other concepts in marketing management

For many reasons, consumer behavior is crucial in business management. From the marketing perspective, a good understanding of consumer behavior is required for effective business analysis and forecast that correctly identifies why consumers prefer a particular product, service or brand in a highly competitive market. According to Antonides and Van Raaij (1998), consumers’ purchasing habits are … Continue reading Consumer behavior and other concepts in marketing management