DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 5175

Elon Musk Says Twitter Might Charge Companies, Government Officials To Use The App

0

Not too long after purchasing the microblogging platform, Twitter, Billionaire entrepreneur Elon Musk recently disclosed that Twitter commercial and government users may likely have to pay to use the platform.

After he purchased the platform, there were concerns from users stating that his takeover might lead to the monetization and commercialization of the social media platform.

Just recently after he disclosed in a tweet stating that commercial and government users will pay for the platform, he has however doused the fear of many users, by disclosing that the microblogging platform would always remain free for casual users.

In a bid to justify his move to commercialize the platform for commercial and government users, he revealed in a series of tweets that free services in the past were what led to the downfall of great businesses.

In a tweet, he wrote, “Twitter will always be free for casual users, but maybe a slight cost for commercial and government users”.

In a reply to the tweet, he wrote, “some revenue is better than none”. He wasn’t done yet, as he further went on to tweet about what led to the downfall of the freemasons, which he wrote, “Ultimately, the downfall of the Freemasons was giving away their stone cutting services for nothing”. 

Musk also suggested that the micro-blogging platform, Twitter, may charge publishers a fee to embed tweets, as he wants to steer Twitter towards subscription revenue and away from advertising. He revealed that the revenue Twitter generates is mainly derived from advertising, rather than its user base, which has been disclosed that it is not large enough to make up for its finances.

Looking at how visionary Musk is and his desire to succeed, it is quite obvious that there will be a paradigm shift as regards the monetization of Twitter. Musk could be looking to accelerate user growth as well as the advertising revenue, or probably add new features to the platform for it to generate more revenue.

One thing for sure is that even if the Twitter business may not be his concern, the billionaire entrepreneur will not want to be on the losing side, as he will seek strategies to generate more revenue for the micro-blogging platform.

He had earlier disclosed his plan to eliminate the salaries of Twitter’s board of directors, which he said could result in about $3 million in cost savings. Recall that Musk had to secure loans to purchase the platform, where he disclosed to banks his plan to develop features to grow the business revenue, including new ways to make money out of the tweets that contain important information or go viral.

I strongly have the inkling that Musk will monetize some features on the platform in the long run, because of how low it generates revenue compared to other platforms.

Developing And Sustaining Employee Engagement In The Workplace

0

The term employee engagement refers to the level of an employee’s commitment and deep connection to an organization. Employee engagement has been proven to be a key driver of business success in today’s highly competitive marketplace.

When an organization is filled with engaged employees, it leads to high productivity, and employee retention and It is a key to customer satisfaction. But when an organization has a whole lot of disengaged workers who feel little or no real connection to their jobs, it can spell doom for the organization as such workers would always want to do the bare minimum and not give their all to any given task.

They are less likely to work hard or meet the expectations of their job role. Their level of apathy and lackluster attitude toward work can cost the organization a huge loss in their revenue. These types of workers are more concerned about the pay they receive than doing the actual work they were hired to do.

Employers must understand that engaging employees in the workplace is critical for retaining valuable talent, as employees who are more engaged in their work are more likely to be highly motivated and remain committed to their employers.

Unfortunately, a lot of organizations have lost touch with the basics. They must understand that employees want to feel like they are part of the vision of the business and not just there to do certain jobs to get paid. It is not just enough to post the mission statement on the company’s website, employers must see the need to be integrated into the company’s vision and values which should be evident in their day-to-day business operations.

One may be tempted to ask, how can a manager develop and sustain employees for proper engagement in the workplace.

Here are three (3) ways to develop and sustain employee engagement;

1.) Recognize and Reward Employees: When a manager recognizes and rewards employees for their massive input towards the success of the organization, they feel valued. It gives them the impression that their efforts do not go unnoticed. Rewarding employees might not necessarily be in the form of an award or cash, it could simply be a “thank you for a job well done”, or a handwritten appreciation note. Naturally, humans love to be recognized and rewarded for their good work which often spurs them to give their best. Therefore, it is ideal for managers to adopt this style into the workplace culture to be able to develop and sustain employee engagement.

2.) Encourage Feedback: Providing feedback is important in the workplace because it makes employees feel like they are part of something great. One secret is, when employees feel like they are part of the company, they become more engaged with the company’s vision and values. Giving and receiving feedback fosters employee engagement. Rather than always giving feedback as a manager, let there be a paradigm shift by asking your employees for feedback on what they think about certain things. When doing this, don’t try to get defensive, instead, focus on what you can learn and implement from their feedback.

3.) Consistent Communication: The one fact about employees in the workplace is that they want to always be in the know. I.e they want to always be updated on the latest development in the workplace, which is the ideal reason why managers must consistently communicate with their team members and update them on everything they need to know. By doing this, they will feel part of the company and more engaged in carrying out their duties. Good communication boost teamwork and leads to better project collaboration. Maintaining effective communication ensures that the management and team members are on the same page.

Final Thoughts

Managers must see the need to properly engage employees because it is very crucial to the success of an organization. Organizations need to have effective engagement strategies in place, such as; Encouraging feedback, Consistent Communication, etc because it creates a better work culture, reduces staff turnover, increases productivity, builds better work and customer relationships, and impacts company profits.

On UN’s Plan To Donate $321m For Terrorism Fight In Nigeria

0

The United Nations (UN) Secretary-General, Antonio Gutteres, Wednesday, 4th May 2022, disclosed the organization’s plan to mobilise an additional $321 million in support of Nigeria’s efforts to combat terrorist activities in the North-East region of the country.

The UN Chief, who was on a two-day visit to Nigeria, made this known to newsmen after his interactive meeting with President Muhammadu Buhari in Abuja.

Gutteres, who was in Maiduguri, the Borno State capital the previous day being Tuesday where he interacted with the victims of terrorism, stated that the amount would be part of the overall $1.1b earmarked for the humanitarian response plan for the country.

He said, “We are very active in support of the humanitarian efforts of the Nigerian government. That is why we have called for an additional 321 million dollars as part of the overall 1.1 billion dollars humanitarian response plan for Nigeria.

“Despite all that they have seen and endured, the people I saw remain hopeful and committed to returning to their communities and resuming their lives. To that end, I welcome the establishment of the Presidential Committee on the Repatriation, Return and Resettlement of displaced persons in the Northeast.”

He hinted that his meeting with President Buhari touched on how to address the challenges confronting Nigeria and the smooth conduct of the 2023 general elections, saying the spirit of hope amidst hardship and solidarity in the struggle was also at the centre of their discussions.

“We discussed the importance of laying the groundwork to ensure peaceful and democratic elections next year and the full participation of Nigerian women and young people in all areas. We also discussed the government’s measures to address security challenges across the country.

“I want to extend my deepest condolences to the victims of the appalling attacks in Plateau State, two and half weeks ago. It is a tragic reminder of terrorism scourge across West Africa and the Sahel.” he lamented.

The UN scribe reiterated the commitment of the global body towards combatting terrorism, violent extremism, organized crime, poverty, and food insecurity, worldwide, while commending Nigeria for its role in sustaining peace in Africa and beyond as well as for playing the leading role in sustaining democracy on the African continent.

“I thank President Buhari for his unwavering support for the Multinational Joint Task Force and the Lake Chad Basin Commission.

“We also discuss the other challenges that Nigeria is facing today. Nigeria is a pillar of continental and global cooperation and a steadfast part of the United Nations.

“From its vital support for peacekeeping to its leadership in fighting for fairness in developing countries, to being home of my Deputy Secretary, Amina Mohammed; above all, Nigeria is a country where Africa’s promise and potential can come to vivid life.” he added.

President Buhari, on his part, told the UN boss that Nigeria remained grateful to the organization and some world leaders for their steadfast partnership with the country in fighting terrorism.

He noted that the country and the African continent were already concerned that the attention on Russia and Ukraine would crowd out other issues, but the ongoing visit of the UN scribe clearly showed that “the world has not forgotten us.”

The President said terrorism remained a threat to global peace, security and progress, with many already killed, while millions had been displaced by the insurgents over many years.

“When we assumed office, the Northeast was the major security problem we inherited in 2015, but we have been able to make people understand that you cannot kill people and shout ‘Allahu Akbar’ (God is great)!

“It is either you don’t know what you are saying or you are simply stupid. God is a God of justice, so you cannot kill people and say God is great. Luckily, the people understood our message and it has made great impact.’’ he said.

President Buhari notified the UN scribe that the government had started a gradual, but steady process of resettlement and reintegration where citizens get encouraged to return to their farms, businesses and other pursuits in life.

At such a critical time like this, the concern of Nigerians remains the need for the government to judiciously utilize whatever funds made available or donated in respect of tackling terrorism and other related issues in the country.

It’s only a dummy that’s yet to realize that terrorism and insurgency remain the prime challenge being faced by Nigeria at the moment, hence the need for any concerned body and individual to look inwards with a view to proffering lasting remedy to the ongoing unending pogrom.

So, as many global bodies are still poised at donating millions of dollars towards ending terrorism alongside other security threats in Nigeria, the government is required to stick only to the needful as regards funds’ utilization.

This is Karim Benzema’s Year

0

Karim Benzema is playing his best football this season. He is a leader on the pitch. He never “fights” for the ball. Some said he lost weight and became a better athlete.  But do not dismiss the coaching genius of Carlo Ancelotti, who phased out a football club, built in the image of C Ronaldo, for something new.

Benzema will win the top FIFA award in December demonstrating one thing: the ant-hills are not built by the elephants but by the collective efforts of the little neglected ants. If he delivers like this next season, a new book would be ordered, closing the CR era, for good in RM.

Of course, in Real Madrid, it is always hard to do that unless you are CR and Raul. In other words, it is one of the few clubs where even the #1 feels he is not settled because of the level of talent. Check Kaka, Owen, Beckham, etc. Barcelona FC has a better human-tradition.

Notwithstanding, this is Benzema’s year. He should enjoy it. La Liga is now him and he is living the moment.

Ndubuisi Ekekwe “Quality” Poem in Diamondbank’s Care2000+ Newsletter

0

A member in our LinkedIn community just shared this poem which I wrote for Diamond Bank magazine in 2002. It was published in Diamondbank’s Care2000+ Newsletter. Notice my nickname “ Prof”; everyone called yours truly “Prof ” including the bank’s Founder and CEO, peerless Pascal Dozie, who I remain grateful for his uncommon favour to me. I have shared my experiences while in Diamond Bank here.

I have been super fortunate in my career to have worked with extremely great people, in Nigeria and the United States. My philosophy remains: I will make my supervisor be the BEST among his/her peers. That translates to “any team with Ndubuisi will win”.

Enjoy the poem on Quality!