A major reason why businesses fail is that organizations venture into projects that don’t tie down with the core strategies of the organization. Infact, strategy is an often misunderstood concept. Companies often spend much time describing ‘what’ they want to be and almost no time talking about ‘how’ to achieve goals and objectives. This brings us to the fundamental problem of defining strategies.Continue reading →
The connection between contingency and risk management is subtle. Seeming to unconnected variables in the grand scheme of project management is now identified as having a significant impact on one another. The late realization of the existing connection can be attributed a shortcoming of understanding in traditional project management. Specifically, how contingencies are normally used up in projects (and still used up today)Continue reading →
Product failure is part of any business venture and rather inevitable. Companies are willing to take a risk when they bring out a new product and if it catches on, then the gamble paid and success and fame awaits. When said gamble doesn’t pay off, the result can ruin the company’s image and could even drag the company down.
Let’s have a look at some products of famous companies that failed miserablyContinue reading →
UPDATE 1 OCT 2018
After the elections held in Sep 23, 2018 that resulted in heavy handed loss to the ruling party, most of these prisoners have been released under bail or cases entirely dropped. Information presented in the article is therefore no longer accurate
Come September 2018, Maldives will be holding its presidential elections. Actions of the current government has drawn a lot of international and domestic criticism due to sentencing of politicians after sketchy court proceedings. The following is a list of all the political prisoners of MaldivesContinue reading →
This happens to me a lot and I believe millions of other people out there. I start reading a book or novel on a random basis, choosing it because of its title, synopsis, cover, author or some portion that catches my attention. Yet not far into the story, I get bogged down.
It is entirely possible to have successful projects that don’t align with the business strategy. How useful can these projects be? Continue reading →
This article reviews one of the simplest-thought-provoking books I have read this year. The book by Ruiz Miguel, The Four Agreements: A Practical Guide to Personal Freedom” draws about the traditions of ancient Toltec’s; a group of indigenous people of Mexico.