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Toward better measurement of innovation and intangibles

admin — Fri, 21 Dec 2012 13:42:10 +0000

While all countries account for investment in tangible assets in their gross domestic product (GDP) statistics, no country currently includes a comprehensive estimate of business investment in intangible assets in their official accounts.

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The Glowing Black Star, a review of Ghana’s economy

admin — Fri, 21 Dec 2012 12:34:20 +0000

Over the last decade, Ghana’s economy has experienced a new commercial vibrancy. In 2010, the nation’s GDP increased to about US$39 billion, a 5.7% increase from the GDP in 2009. The annual inflation rate of 8.6% at the end of 2010 was the lowest since the early ‘80s.

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Strategic innovation: the engine that propels business

admin — Fri, 21 Dec 2012 12:17:55 +0000

Every business needs an “innovation engine” to generate great ideas that will propel the business forward into the future. This innovation engine is missing from most companies, and until now, some have survived without it.

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Rediscovering social innovation

admin — Fri, 21 Dec 2012 08:23:59 +0000

Over the last 20 years, we have seen an explosion in applications of business ideas and practices to nonprofit and government works. We have also watched businesses take up the cause of creating social value under the mantle of corporate social responsibility, corporate citizenship, and socially responsible business.

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Maximising profitability through effective customer service

admin — Fri, 21 Dec 2012 07:04:11 +0000

Customer retention takes more than a one-time offering of quality service but a consistent delivery of an excellent customer experience. Such experiences help in building the loyalty that any business desires from its customers.

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Improving business processes: a way to increase organizational efficiency

admin — Fri, 21 Dec 2012 06:52:44 +0000

An efficient business process increases the profitability and growth of an organization while reducing cost and turnaround time. It is common practice to implement these business processes which focus on meeting the needs of customers as well as delivering satisfactory service. In many cases, the business process is actually a collection of interrelated processes that function in a logical sequence to achieve an ultimate goal.

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E-Governance bridging the communication gap in governance

admin — Thu, 20 Dec 2012 13:41:11 +0000

Countries around the world have realized the significance of e-governance and the impact of technology in transforming the lives of citizens and government processes through the appropriate use of information and communication technology (ICT) in the public sector.

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Developmental imperatives for a nation

admin — Thu, 20 Dec 2012 13:28:52 +0000

For sustainable transformation to take place in Nigeria, the government needs to devise strategic methods of improving the nation’s level of productivity across all sectors in the economy.

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Declined but now inclining

admin — Thu, 20 Dec 2012 13:04:10 +0000

With over 75% of its 92 million hectare landmass being suitable for crop cultivation, Nigeria has all the resources to position itself as one of the world’s leading exporters of agricultural produce. The North-West region of the country has climatic conditions similar to that of China, the largest exporter of raw cotton. The north eastern region has a climate similar to that of Mexico, the largest producer of onions and pears. The climatic conditions of the South-West, South-East and South-South regions of Nigeria are comparable to those of Cote d’Ivoire, Malaysia and Thailand the largest producers of cocoa, palm oil and rice respectively.

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Business Models, Business Strategy and Innovation

admin — Thu, 20 Dec 2012 12:38:03 +0000

Whenever a business enterprise is established, it either explicitly or implicitly employs a particular business model that describes the design or architecture of the value creation, delivery, and capture mechanisms it employs. The essence of a business model is in defining the manner by which the enterprise delivers value to customers, entices customers to pay for value, and converts those payments to profit.

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