Two Economic Repositioning Strategies (BROT AND GSEP) To Transform The Economy.

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    Two Economic Repositioning Strategies (BROT AND GSEP) To Transform The Economy.

    ‘‘Economic development and poverty alleviation are so complicated that I don’t think there’s a single background or a single discipline that is sufficient to tackle these great human problems,’’ quoting Jim Yong Kim. The kind of economic development and transformation we want to see this new government delivered to us is not going to come on a silver platter or over night. It requires painstaking measures.  We must also appreciate that change in itself, will not happen by mere wishing it except we all put in something extra ordinary before we can experience that level of change we crave for. […]

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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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    The Big Why of Psychometric Assessments

    In 1869, Francis Galton, a pioneer in eugenics and the phrase “nature versus nurture”, published a book titled – Hereditary Genius. It was the first social scientific attempt to study genius and greatness. It identified different characteristics people possessed, and how those characteristics made them fitter than others. Why bring up Galton? Primarily to focus on the two words – genius and greatness. After all, who would not want one and/or the other in their organization? In the early 2000s, when prospects applied for jobs, a typo-free resume, interview smarts, and a few good references would often emerge as all […]

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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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