Psychometric Tests for Corporates

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    Psychometric Tests for Corporates

    Recruitment tools are designed to level the playing field and give each individual that fair fighting chance. You can find your strongest ally and toughest competition within – so make that your advantage. Companies make use of psychometric tests today not just to get the best minds and players in the corporate field but more so, to achieve diversity in the hiring process. Every company wants to hire people who are a composite of the best of what the world can offer. Screening People IN not OUT While most companies would usually screen people out, the key to getting the […]

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    Competing with giants — Survival strategies for SMEs

    In economics, competition is said to be the rivalry among sellers trying to achieve such goals as increasing profits, market share, and sales volume by varying elements in the marketing mix. Competition exists in every field, and it is good for the growth of any economy. That is why economists are usually in support of the free enterprise system. “The basic rule of free enterprise: You must give in order to get.” — Scott Alexander. However, the current economic climate makes it more challenging for small and medium-sized Enterprises (SMEs) to compete with bigger, richer and more established companies in […]

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    Unemployed youth apathy — Problems, implications and solutions

    “When all the talent in society is not fully developed, it is not the individuals that are adversely affected alone who suffer; the society as a whole suffers as well. Now, granting that everyone is given an opportunity to develop his talent, it is imperative that he should also be given an opportunity to employ that developed talent. Full development of man and his full employment are not only social imperatives, but also inseparably inter-connected and complementary.” — Chief Obafemi Awolowo, former Western Nigeria Premier. This quote is very instructive here, in line with the issue we are about to […]

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    Finding timely solutions to banks’ loan challenges

    The International Monetary Fund (IMF) defined a non-performing loan as follows: ‘A loan is said to be non-performing and problematic when payments of interest and principal are past due by 90 days or more, or at least 90 days of interest payment have been capitalised, refinanced or delayed by agreement; or payments are less than 90 days overdue, but there are good reasons to doubt payment will be made in full’. What is the situation in our country? At the end of 2015 financial year, the World Bank report put Ghana’s Non-Performing Loan (NPL) position at 11.2%. If we compare […]

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    The Asian Tigers versus the African Parrots

    If you are conversant with the holy book, you often see that faith inspired men of God usually use animals, ants or birds to explain some important subjects to drive their point across. I recall one of the fascinating lessons on planning in the book of Proverbs Chapter 6 verse 6 to 11. That story captures the article we are about to discussed perfectly.   ‘Take a lesson from the ants, you lazybones. Learn from their ways and be wise! 7 Even though they have no prince, governor, or ruler to make them work, 8 they labor hard all summer, gathering […]

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