Tag: Business Sustainability

How To Lift People Out Of Poverty

by Bright Osadiaye, posted in BriSights, Health & Well-Being, Leadership, Management, Personal Development, Workplace Learning
Photo by MART PRODUCTION on Pexels.com

‘How do you run a successful, sustainable business in a fragile economy? By creating opportunity.’

‘Better wages lead to improved conditions, which create stronger families and well-made houses.’

By taking care of their dreams. By taking care of their minds. By taking care of their souls. By creating an environment where growth is possible.

To do that, according to Yusuf Amdani, ‘Making impact starts with doing business well. If the company is profitable, it will have the resources needed to support and improve the community.’

‘To create a true impact, we need to shift our mindset away from token gestures. Think beyond one-time, scattered, or small efforts. Look for long-term opportunities that can be carried out routinely and incorporated under the company’s umbrella.’

‘Be on the lookout for ways that your company and the country of operations could scale together. If the economy is set to take off, align your business plan so you can both achieve exponential growth.’

‘When doing business, find the average wage offered to employees in a specific country. Consider offering a salary that is slightly above local expectations. Creating a comfortable lifestyle for workers can increase retention rates.’

‘Don’t underestimate a labor pool that is eager to earn a better wage. You can offer a salary that is slightly above average for the area. Workers pay attention, and compensation is a great contributor to employee satisfaction.’

‘If a local economy is open to your industry, show them what you can do. Focus on the improvements you can make for their area. Point out the jobs you can bring in through your company.’

‘Seek out ways to collaborate when carrying out educational projects. Nonprofits, governments, and schools may be eager to participate in a well-laid-out approach.’

‘Start small and use trial and error to learn best practices. Once you’ve found a strategy that works, seek out ways to expand efforts.’

‘Talk to team members about how to elevate the middle class in the country of operations. Ask them what benefits they would like to see.’

‘The best approach includes maintaining integrity at every step.‘

Source

Yusuf Amdani (2023). World of Opportunity: Bringing Sustainable Business to Fragile Economies

10 Rare ‘Lessons From The World’s Most Successful Remote-Work Pioneers

by Bright Osadiaye, posted in Health & Well-Being, Improve Academy, Leadership, Management, Personal Development, Workplace Learning
Photo by Polina Zimmerman on Pexels.com

‘To thrive in a contemporary, digital context, you need to throw out almost everything you know about what makes an on-premise office tick.’

‘In a remote-first company, processes are created through a bottom-up approach: Everyone is empowered to change the bureaucracy, fostering an organic growth cycle that forces actions to abide by reality, with room for constant course correction and evolution.’

‘All communication lies on a continuum between fully synchronous and fully asynchronous. Knowing when to choose which mode is the key to growth and success.’

‘Every single person in the organization must have at least one metric that they report on weekly.’

‘Only vivid and spcific metrics have the power to set remote workers free to do what they do best. Counterintuitively, the more you measure, the more freedom you have.’

Metrics are crucial for self-management at the top. Achieving flow state requires taking stock of minute reporting so you and your company can focus on what’s important.’

‘Remote async work also puts its energy into running businesses rather than start-ups. What that means is that the accent is on service, sustainability, and hyper-growth, not giant exits.’

‘Multiple nationalities, multiple currencies, multiple time zones, and multiple cultures all on the same team is the new normal.’

‘Look for self-starters who exhibit qualities like introversion, critical thinking, trustworthiness, a strong outside support system, and egolessness.’

‘Hiring remote always means looking for the very closest custom-fit, no matter how specific. With an international array of options, count on finding the right person.’

Source

Liam Martin and Rob Rawson (2022). Running Remote: Master the Lessons from the World’s Most Successful Remote-Work Pioneers