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poor economic performance Tagged Articles
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Introduction: Human Capital and Economic Development
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| Health and education are both components of human capital and contributors to human welfare. One
index of human welfare, which incorporates income, education and health, shows that Africa’s level of
‘human development’ is the lowest of any region in the world. |
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Other poor economic performance Related Articles
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Ten Strategic Actions To Improve Sales Staff Productivity
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| How effective is your sales staff? Are they a high performance team, a mediocre performance team or a woefully “underachieving” and blatantly poor performance team? If you have mediocre, underachieving or poor sales people, what are you doing to change that? If your sales staff is not effective, not performing to its potential and is in need of improved performance, Your Strategic Thinking Business Coach offers ten (10) strategic actions to take to change that.
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How does microfinance help the poor? FAQ
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| Experience shows that microfinance can help the poor to increase income, build viable businesses, and reduce their vulnerability to external shocks. It can also be a powerful instrument for self-empowerment by enabling the poor, especially women, to become economic agents of change.
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Conclusions - Promoting Growth in Sub-Saharan Africa: Learning What Works
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| Both domestic and external factors contributed to sub-Saharan Africa's poor overall economic performance in the 1980s and early 1990s. Key constraints to growth included inappropriate economic policies, inadequate human capital development, and low levels of private investment. But for the first time in a generation, there is evidence of economic progress in an increasing number of countries in the region. |
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African Economic Performance in 2004: A Promise of Things to Come?
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| Against a backdrop of sustained global growth and high commodity prices, Africa has experienced its best
economic performance in many years. While recent economic performance is not merely driven by favourable
external factors, African economies still lack proper “shock-absorbers” to withstand internal (e.g. drought and
floods, political instability, HIV-Aids, etc.) and external (e.g. volatility of commodity prices and exchange rates)
shocks alike. They remain strongly vulnerable. In this context, creating the conditions for the development
of indigenous drivers of economic activity (starting with a thriving local private sector) is a top priority. |
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What s Holding Back Africa s Growth?
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| This plenary session discussed the contributing factors to Africa s poor economic growth, including the conclusions of the World Economic Forum s Africa Competitiveness Report 2004, and the actions that governments and business can take to promote economic growth. The discussion included calls from business participants and the panel for action against corruption on the continent.
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Why most managers aren’t up for the job
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| If you’re a business owner, try answering this question: What does it mean when your company is experiencing lots of turnover, a sharp drop in performance or revenues, people calling in sick all the time, and a general sense of malaise and crankiness?
Although you may attribute these problems to the employees themselves, or a few bad apples among them, the reality is that all of these symptoms indicate serious trouble at the top. Without the right kind of leadership, individual business units and the company as a whole will suffer.
But the blame cannot be placed entirely on the manager. Poor managerial performance is often a result of a poor selection process. I call it bad jobs happening to good people. Well, it’s not so much that the job itself is bad, but that it is the wrong one for that particular person.
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Prospecting for More Sales in a Bad Economy
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| A poor economy has too often become an excuse for poor performance of many businesses. While the current economic situation is a contributing factor, many of these businesses can perform much better. Most businesses in the U.S. are small and have sales that equal less than 1% market share. If your business has less than one percent of market share, it should be able to grow in any economy.
One hidden area in which to find more sales is right under your own roof. According to “Baseline Selling” by Dave Kurlan, 60% of all sales people are not prospecting consistently, and 50% of all sales people won’t prospect. Combine those figures with the fact that 60% of all sales people suffer from the habit of making excuses, and I think we have uncovered one of the secrets to bringing more sales to your top line.
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A Small Hole Can Sink A Big Ship - The Poor Performer and Other Like Obstacles
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| Of all the non-actions likely to negatively impact on a team’s morale, it seems none is quite so damning as a failure to respond promptly to a team member’s poor performance. Research consistently contends that business leaders lose most kudos when poor performance is left unattended and poor performers are able to continue their inappropriate behaviour without repercussion. Whilst many leaders may opt to avoid the situation of a poor performer and choose instead to alienate them in the hope they will leave of their own accord, the disharmony created through such a strategy is frequently so great that it infiltrates into other facets of the business. |
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Candid Conversations: How to Drive the Political Correctness “Elephant” Out of Your Workplace
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| Individuals who are faced with difficult issues frequently choose to ignore them entirely or discuss them only indirectly. While most people would concur that issues such as disagreements over a course of action or poor performance should be addressed clearly and directly, the reality is that many are not comfortable doing so. It's so much easier at those moments to revert to the "politically correct" indirect methods that are the norm in many organizations. The failure to honestly and directly confront poor performance or unwise courses of action, for example, becomes the proverbial elephant in the living room – or in this case, the workplace. |
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Control Your Own Destiny
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| Twenty years ago I came across a story (I don't know who wrote it) that illustrates the deadly power of the Victimitis Virus (the poor-little-helpless-me syndrome). Whenever I catch myself pointing "out there" to explain my poor performance, I pull out this story and read it again. I have since used it with many groups to make the same point. |
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