Business Leaders Academy

12/07/2023

Good morning all👋👋

Business Leaders' Academy presents this week's business topic:

*Navigating Uncharted Waters: Overcoming Hard Times as a Business Owner*

Introduction:

Running a business can often feel like sailing through uncharted waters, especially during challenging times. Business always includes an element of unpredictability, and agility and flexibility are enduring requirements for successful leadership. But more than ever before we are operating in uncharted waters, and building long-term success in business and leadership means not just implementing new methods but creating a whole new mindset.
Just as a skilled navigator steers through unfamiliar territories, business owners must learn to adapt, strategize, and make tough decisions to overcome the obstacles that arise unexpectedly. This is true in every organisation either big or small, no matter the stage of growth it is at.
In this article, we explore and try to point out how business owners can sail through the storm and come out stronger on the other side. It's a journey of the brave of heart.

Lets look at 6 ways we can achieve this;

1. Assess the Situation and Chart a New Course

When faced with difficult times, the first step for any business owner is to assess the situation. Just as a sailor gathers information about the weather, currents, and potential hazards, look closely at your business operations, finances, and market conditions. Identify areas that need improvement, cost-cutting measures, or potential avenues for growth. Through careful analysis and planning, you can chart a new course towards success.

2. Embrace Adaptability

In uncharted waters, adaptability becomes a crucial skill. As a business owner, be prepared to pivot and adjust your strategies when the winds change direction. Just like a sailor fine-tunes their sails to maximize speed, analyze market trends and consumer behaviors to proactively adapt your products, services, or even your business model. Embrace change and use it as an opportunity for innovation and growth.

3. Seek Guidance from Experienced "Nautical Navigators"

Navigating uncharted waters can be daunting, but remember, you're not alone. Seek guidance from experienced individuals who have weathered similar storms. Connect with mentors, industry peers, or business consultants who can offer fresh perspectives, advice, and insights. Their guidance will provide you with valuable opportunities for learning, sharing experiences, and finding solutions that you might not have considered alone.

4. Stay Focused and Maintain a Positive Outlook

In turbulent times, it's natural to feel overwhelmed or discouraged. However, just as a sailor remains focused on reaching their destination, maintain a positive outlook and stay determined to succeed. Instill confidence in your team, inspire them to keep pushing forward, and lead by example. Encourage open communication, support innovative ideas, and foster a collaborative culture to keep morale high.

5. Reinforce Financial Rigging

In choppy business waters, financial stability becomes pivotal to weathering the storm. Take a close look at your budget, cash flow, and expenditure to ensure your financial rigging is secure. Implement cost-cutting measures such as renegotiating contracts, reducing non-essential expenses, or exploring alternative funding options, such as grants or loans. By reinforcing your financial rigging, you'll emerge stronger when the storm passes.

6. Build Resilience and Responsiveness

Just like a well-built vessel can withstand harsh conditions, business owners must foster resilience and responsiveness. Equip your team with the tools, skills, and knowledge necessary to adapt quickly in challenging situations. Encourage a culture of innovation, problem-solving, and continuous learning. By embracing resilience and responsiveness, your business will be better equipped to navigate future uncertainties.

In the unpredictable world of business, hard times come as a natural part of the journey. However, it is through these challenges and uncharted waters that business owners can build strength, adaptability, and resilience. By assessing the situation, embracing adaptability, seeking guidance, staying focused, reinforcing financial rigging, and cultivating resilience, you can steer your business successfully through the storm and emerge even stronger on the other side. Remember, just as skilled sailors thrive in uncharted waters, so too can business owners navigate their way to success.

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BLA- Transforming the Market Place Result

21/06/2023

Urgent !!!

A leading restaurant in Akala, Ibadan is hiring

Position: Accountant
Job type: Full time

• Maintains accurate and up-to-date financial records for the restaurant.

• Oversees all payments system within the business

• Provides necessary report such as sales and income statement, inventory,expense report to the management daily, weekly and monthly to aid decision-making.

• Developing and monitoring of the restaurant's budget.

• Management of vendors, you are to work closely with vendors and suppliers to manage payment terms, negotiate contracts, and ensure timely and accurate payment processing.

• Handle payroll processing, ensuring accurate calculation of wages, salaries, taxes, and deductions.

• Establish and monitor internal controls to safeguard the restaurant's assets and prevent fraud or financial mismanagement.

• Manage all the activities related to accounting.

• Add any other related duties.

• Should live around Akala and its environs

Qualifications and Requirements

• BSc/HND in accounting

• Have strong skill in interpersonal relation and communication.

• Good reasoning ability and analytical mind.

• Strong team workability

• Ability to work with little or no supervision.

• Very good computer skill, with advanced command in Microsoft Excel.

• Good use of other accounting software will be an additional advantage

Method of Application

Interested and qualified candidates should send their CV to [email protected] using accountant (Akala)
For enquiries,call 08138765837

17/03/2023

Good morning all 👋👋

Today Business Leaders' Academy continues with this months business topic:

*Great People; Who They are and How to Find Them*

Next we....

3. Prepare well structured interviews

👉 Create an evaluation scorecard that can be used to grade and compare the performance of candidates on a series of criteria.

👉 When it's time to interview, it's a good idea to have more than one conversation with serious contenders and include other people in the process such as an HR person and the manager to whom the new employee will report.

👉 Use behavior-based interviewing techniques. These involve inviting candidates to describe how they have handled specific challenges in previous positions. Past performance is one of the best predictors of future performance. You can also present them with a scenario involving a difficult situation and ask them how they would handle it.

👉 Rate their responses to these and determine if they are the right fit.

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13/03/2023

Good morning all 👋👋

Today Business Leaders' Academy continues with this months business topic:

*Great People; Who They are and How to Find Them*

After we have done all company’s culture assessments and evaluation and figured out all we need for that, the next would be:

2. Create a detailed job
descriptions for the people.

The place of clearly stating out what your people would be doing can never be be negotiated.

👉 It is imperative to the life of the business because without it, without having a clear idea of what your staff are supposed to be doing per time and at every level of the workflow , you will have a hard time hiring the right person.

👉 Create job descriptions for each position in the company, reflecting the responsibilities, level of skills and experience required.

👉 Make sure to clearly communicate this job requirements to candidates during interviews.

Thanks for keeping up and seeing you next time...
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Instagram - https://instagram.com/businessleaders_academy?igshid=ZDdkNTZiNTM=

20/01/2023

Urgent Vacancy!!!

A pharmaceutical and Supermarket company in Oyo town is hiring.

Position: Sales Assistant

Requirements

1. Minimum of NCE or ND
2. Must be able to communicate effectively
4. Must have good customers service skills
5. Lives around Atingisin, new Akeetan and its environs

Job responsibilities

1. Ensure high levels of customer satisfaction through excellent sales service
2. Organizing the store and ensure it is fully stocked
3. Recommend and display items that match customer needs
4. Welcome and greet customers and manage point-of-sale processes
5. Actively involve in the receiving of new shipments
6. Keep up to date with product information
7. Follow all companies policies and procedures

Qualified candidate should send their CV to
[email protected]
with the subject sales assistant (Oyo)
Contact 08138765837 for enquiries.

17/11/2022

VACANCY‼️ VACANCY‼️

A baking company in Ibadan for for

Position: Production staff

Location: Sawmill old-ife road, Ibadan

Responsibilities

• Work with other production team members
• Operate baking machines and instruments
• Join in mixing and production of peanuts and chin-chin
• Report to the production head

Requirements

Minimum of SSCE
Must be hardworking
Must be able to work in a team
Must be hygiene oriented
Baking skills is an added advantage

Work period: Monday to Saturday

Interested applicants should send their application to [email protected] with production as subject title or contact 08138765837 for enquiries

12/09/2022

A leading Microfinance company in Onitsha, Anambra State is hiring

Position: Business Development Officer

Job description

1. To bring in clients for the Microfinance bank
2. Work to assess potential customers
3. Work to disburse and collect loan repayment
4. Provides feedback and report as required.

Requirements
1. Candidates must be competent
2.Fluent in both English and Igbo
3. Should have atleast 1 year of work experience.
4. Excellent presentation skills
5. Good teamwork ability
6. Must have minimum of ND in any discipline
7. Must be hardworking
8. Should live around Onitsha

Qualified candidate should send their CV to
[email protected]
with the subject as Business Development Officer.
Contact 08138765837 for enquiries.

01/09/2022

Urgent Vacancy!!!

A leading microfinance institution in Abakaliki, Ebonyi is hiring.

Position: IT personnel

Qualifications/Requirements

He/she must:
I. Minimum of ND in any discipline
II. A millennial preferably
III. Resides at Enugu, Abakaliki preferably
IV. Be computer literate and have some proficiency in Ms word, Excel and can manipulate IT gadgets.
V. Can self manage, confident and hard-working.
VI. Handle social
VII. Digital marketing skills is an advantage

All interested candidate should send their CV to [email protected] . For enquiries, call: 08138765837

08/08/2022

🧚‍♀️💃🏽🕺Good news! Good news! Good news!😀😀😀

Do you own a Fashion / Textile business ?

A leading Business Coaching organisation in Ibadan is offering a Free Specialized Training with funding opportunities for business owners in Shoes and Bag industry

What to expect at this training:

1. Creativity and innovation in your business

2. Finance attraction and management

3. Building high net-worth customers

4. Team management

5. Leadership and management skills you need for your business success.

Others benefits:

Access Funds easily 💵

Access Coaching Opportunity💼

Build high profile Business network and Relationships👨‍👨‍👧‍👦

Click on the link below

bit.ly/Register_BLA

19/07/2022

🧚‍♀️💃🏽🕺Good news! Goodnews! Goodnews!😀😀😀

Do you own a Footwear/Bag making business ?

Do you want to dominate your industry?

A leading Business Coaching organisation in Ibadan is offering a Free Specialized Training with funding opportunities for business owners in Shoes and Bag industry

Here is an opportunity for you to:

Be at the top of the industry💪

Access Funds easily 💵

Access Coaching Opportunity💼

Build high profile Business network and Relationships👨‍👨‍👧‍👦

Click on the link below

bit.ly/Register_BLA

25/05/2022

The term "marketing mix" is a foundational model for businesses, historically centered around product, price, place, and promotion,also known as the "4 Ps". The marketing mix has been defined as the "set of marketing tools that the firm uses to pursue its marketing objectives in the target market.

Product refers to what the business offers for sale and may include products or services. Product decisions include the "quality, features, benefits, style, design, branding, packaging, services, warranties, guarantees, life cycles, investments and returns".
Price refers to decisions surrounding "list pricing, discount pricing, special offer pricing, credit payment or credit terms". Price refers to the total cost to customer to acquire the product, and may involve both monetary and psychological costs such as the time and effort spent in acquisition. Distribution channels are taken into consideration that includes retailer, wholesaler, Business to Business OR Business to Customer .
Place is defined as the "direct or indirect channels to market, geographical distribution, territorial coverage, retail outlet, market location, catalogues, inventory, logistics, and order fulfillment". Place refers either to the physical location where a business carries out business or the distribution channels used to reach markets. Place may refer to a retail outlet, but increasingly refers to virtual stores such as "a mail order catalogue, a telephone call centre or a website. Example, firms that produce luxury goods like Louis Vuitton employ an intensive placement strategy by making their products available at only a few exclusive retailers. In contrast, lower priced consumer goods like toothpaste and shampoo, typically employ an extensive placement strategy by making their products available to as many different retailers as possible.
Promotion refers to "the marketing communication used to make the offer known to potential customers and persuade them to investigate it further". Promotion elements include "advertising, public relations, direct selling and sales promotions."

The correct arrangement of marketing mix by enterprise marketing managers plays an important role in the success of a company's marketing:
1. develop strengths and avoid weaknesses
2. strengthen the competitiveness and adaptability of enterprises
3. ensure the internal departments of the enterprise work closely together.

18/05/2022