Every small business would also want to be innovative but how does get to be innovative? An innovation ready business will have some of the 1.Deliberate You want to be innovative you must pursue innovation and consciously so. Have a vision and a strategy for innovation which complements with your overall organization strategy. It’s not … Continue reading 8 Characteristics of an Innovative Business
The challenge with innovation is that the “techies” have taken and almost owned it entirely. You mention innovation and the average person immediately envisions digital apps and online capabilities. This piece will seek to expand our appreciation of innovation by exploring a few options on how an ordinary non-tech biz can innovate. While innovation can … Continue reading Innovation 102: How SMEs can innovate
Let’s try this. Can you tell the difference between creativity, Innovation, Invention, discovery, technology? Well, it’s not important that you are able to tell the fine differences, that’s for academics. However, its not bad to also have a basic understand of the same. Creativity for me is a disposition (tendency, character) that precedes and is … Continue reading Innovation 101 for SMEs
Have you noticed that much as business is a very practical matter, it is never too far from superstition. If you wish you can study business management up to PhD level and never once will you ever come across the concept of superstition. However, out there in the real world, it is very much a … Continue reading 8 Superstitions Associated With Business
The operationalization of the Agenda is dual in nature; 1. There is the direct investments by government in these sectors (approx. 400B as set out in the budget for FY 2018/19. This money is spread across different government departments. Follow it there through tenderpreneruship and AGPO 2. The biggest chunk of the investments will however … Continue reading The Youth and the Big 4 Agenda
I should start by commending the president for this bold Big 4 Agenda especially the part of Manufucturing. It holds a place that is very dear in my heart. To remind him though, we have been here before done that and failed. Upon independence, we set up the Kenya Industrial Estates, ICDC etc. to see … Continue reading The Big 4: Breathing Life to the Manufacturing Agenda
It was always going to be difficult to write on this especially with the recent news and happening around the country. In a country where there are newspaper adverts to join the cartels why would one really work in building a business around tendering? But it can be done. It has to be done. World … Continue reading Tenderpreneurship: How to Play it Clean
I was recently talking to a friend who couldn’t understand why I limit my farming venture by use of drip irrigation when I have the possibility to use fallow irrigation and have much more produce. It’s a tricky question because here we are choosing between the immediate returns and the long run possible lack … Continue reading Does Sustainability Matter in Your Business?
The relationship between an entrepreneur and a provider of professional services is supposed to be symbiotic. However, that is hardly the case. Even when they have to work together, it’s always a difficult situation for both the provider and the entrepreneurs (buyer). To be competitive, SMEs need to professionalize and very seriously so. While the … Continue reading Why Entrepreneurs Are Not Interested in Your Consultancy.
For starters, the informal sector is potentially the largest ‘employer’ in Kenya today. Its contribution to national income is very large despite there being very little accounting for it. However, by being informal, then there is very little support that goes to the sector from government. Not even the basic amenities. Ever wanted to use … Continue reading Why Your Good Business is Informal