One of the most commonly misunderstood and interchangeably used terms are coaching and mentoring. It is perhaps manageable when you use them interchangeably in informal conversation but in an organizational context, it’s extremely important to know the difference between mentoring and coaching. Once you understand the distinctions it will be clear that you don’t need to be coaching mode all the time – there will always be situations where a…
Read MoreThe Eisenhower Matrix: Work Efficiently by Managing Time
Most effective tools are often the simplest one. One such tool is The Eisenhower Matrix, often also known as Urgent-Important Matrix. The US President Dwight D. Eisenhower supposedly once said: ‘The most urgent decisions are rarely the most important ones’ and he was very right in his assessment. Many people don’t know that Eisenhower is considered a master of time management, i.e. he had the ability to do everything as…
Read MoreWhat is PEST Analysis? How to Perform PEST Analysis
Every business whether big or small operates in a very dynamic environment. There is always a need for strategic business tools to assess the current market situation, predict future changes, and help devise a strategy to overcome challenges. PEST analysis one such measurement tool to help assess markets for a particular product or a business at a given time frame. It allows you to organize your assessment and analysis of…
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