Mopani Copper Mines Plc’s Post

Critical thinking is key when you want to excel in business

📌Business Acumen: every #leader should possess the business acumen.it is defined as understanding the context in which the #company operates and utilizes that information to make solid #business decisions and solve problems.

A great speech worthy to be shared. Importance of strategy, logical decision making and creative mindset is success of any business.

The B.I.G Business/Organizational Performance Question❗️ No matter how much you love your business or organization; no matter how much of a ‘hands-on’ business owner/manager you are; and no matter how unreliable your team may be, your lovely business WILL have occasions when you wount be there to make the operational decisions for, maybe, a day, an hour, a week, or a month❗️ What will that cost you❓❗️ In those moments of your absence when the business MUST operate under conditions of heightened RiSKS, do you think you have in place the critical systems and processes that your business needs to make the right decisions, function properly, and keep getting the same as, or better results than when you were there❓ Can you audit those decisions made in your absence to ensure they were proper❓ Are your business resources safe in your absence❓ What are your suppliers, customers, and staff doing with your money, supplies, and stock behind your back❓ Register here https://lnkd.in/dKreFv5m to learn how to emplace the critical systems and processes for efficient and effective business decision making❗️

Effective business management is the fine art of balancing strategy and execution, adapting to change, and nurturing a strong team. It is the cornerstone of success, driving growth and propelling organizations towards achieving their goals.

How to Connect, Communicate and Conquer in Business Operations

If you are looking to understand business strategy on a deeper level, Wharton offers this course that I just completed. Highly recommended.

Hi Connections, Sharing some simple examples of 80-20 rule. The 80-20 rule, also known as the Pareto Principle, is a familiar saying that asserts that 80% of outcomes (or outputs) result from 20% of all causes (or inputs) for any given event. In business, a goal of the 80-20 rule is to identify inputs that are potentially the most productive and make them the priority. Hope it helps😊

The Ultimate Combo: Six Sigma & Lean - Teamwork for Business Success

**Business performance** is important because it directly affects how successful and sustainable a company is. Here's why: ✓ Helps with Decision-Making: It gives leaders data-driven insights to make strategic decisions. ✓ Encourages Growth and Improvement: Regular evaluation shows what the company does well and where it can improve, leading to continuous development. ✓ Ensures Financial Health: Monitoring performance helps manage costs, increase profits, and maintain financial stability. ✓ Provides Competitive Edge: Knowing and maximizing strengths helps a business stay competitive in its market. ✓ Builds Stakeholder Confidence: Showing strong performance creates trust with investors, customers, and employees. Visualizing business performance helps people understand, communicate, and make decisions better, leading to improved management and growth.