DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 5318

Workplace conflict and how this might affect growth

0

No two individuals think or act the same way, and so when you have more than one person working on a shared vision, conflict becomes inevitable. It could be subtle or very obvious, depending on how the parties choose to express themselves. Employees naturally have different backgrounds and priorities, and when they run into conflicts, they may express themselves in ways like insults, non-cooperation, bullying, anger, or general resentment.

Now, we are not talking about conflict with customers or clients here, but conflicts between leaders and employees, team members, and the likes. Such conflicts may result from personality clashes, misunderstood communication to organizational mismanagement. And when not managed properly, it could cause a toxic and emotionally draining work environment resulting in decreased productivity, work disruptions, project failure, absenteeism, high staff turnover, and termination.

A typical example of conflict resulting from personality differences could be when two very different persons share a desk or an office cubicle. Mr. A likes to work in a quiet environment with no external input or direction. He abhors even the sound of music or any idle chitchat. Unfortunately, he shares a cubicle with Miss B who thinks work is more fun with some music blaring, and some fun chat along the way. Chances are that one person might have to silently tolerate the other, while silently brooding over it. This could cause some form of resentment over time.

Another scenario could be with people working on interdependent projects. Miss Cee loves to work under pressure, and so leaves the bulk of her tasks till the last hour and then starts running around trying to balance the scales. Unfortunately, Mr. Z has his entire job hinged on hers, and so he never gets to work on anything until she is done with it. With her penchant for a last-minute rush, Mr. Z has to continually battle with headaches, and late-night work trying to beat a deadline that was delayed just because Miss Cee wanted it so. He is now being negatively affected by her work behavior and over time, could spill out some anger, especially if he gets fined for turning in tasks late.

It goes without saying that conflicts of different kinds of gravity could adversely affect the quality and speed of projects delivered. Work styles, leadership styles, and personalities will always differ. There will be leaders who like to micro-manage staff and there will be staff who would rather work without constant interference. There will be late-hour workers and those who like to knock their tasks out early. Some of the more serious conflicts occur when there is harassment, discrimination, or intimidation going on due to age, race, ethnicity, gender, or any other reason.

For the most part, employees can sort out the conflict themselves. However, there is a need for the company to explicitly emphasize open-mindedness, acceptance, and understanding. It is part of building the work culture too. If the leaders throw jibes and use derogatory terms on the employees, then you could also see employees use it among themselves. But where management has shown itself to be open-minded, tolerant, and understanding, employees are naturally compelled to do the same.

As a tech entrepreneur, there is a kind of conflict you will almost certainly, if not severally, encounter – Conflict in creative or intellectual ideas. If two individuals disagree on a project idea, about what, how, and when it should be done, it is a sensitive area. First of all, keep in mind that out rightly discarding any idea (however stupid it might sound) is not a good idea. It can stifle productivity and creativity as you go forward. You need your employees to know that their voices and opinions are recognized.

One good tactic I recommend here is collaboration. You can get the conflicting parties to collaborate and brainstorm together on the project and piece the best parts together for a stunning solution. They could also look for compromise so both ideas can shine through while producing an even better outcome spawning from the collaboration. If needed, they could approach another colleague or a higher-up to mediate the discussion or offer their opinion on the final decision.

We learn and grow through competition and collaboration when handled properly in conflict situations.

Developing effective conflict resolution skill sets is key to building a sustainable business model. It is a skill that equals that of good employee retention because if you fail to deal with the conflicts or act like they don’t exist, you will eventually watch your good talent walk out the door in search of a healthier and safer work environment.

Don’t be a stupid person!

0

An Italian economic historian called Calo M Cippola wrote an article in the late 1970s titled – the five laws of stupidity, a theory of how stupid people reason, operate and how stupid people are the most dangerous people on the planet earth. According to him, stupid people destroy and mess up things for other people without benefiting anything from it and how people pay less attention to the dangers and huge negative impact the stupid people have on everyone else around them.  

It was a quite hilarious and humorous piece of work but you can definitely tell that even in the humor the writer was making a serious point and a lot of sense. 

He asserted that educational or professional status does not excuse stupidity or uplift someone from stupidity. There are stupid people in all walks of life. There are stupid professors, stupid lawyers, stupid doctors, stupid politicians. Every profession can atleast boast of some stupid people.

According to him, one of the top quality of a stupid person is that they mess up things without benefiting anything from it. A stupid person is a person who will make a colleague lose a job without him getting the job. A person that attacks another without no intrinsic benefit accruing to him is a stupid person.

Having laid down the foundation of who and who a stupid person is according to Calo M Cippola and some of the qualities of a stupid person, you can see that there are a lot of stupid people roaming around the society. Stupid professionals, stupid politicians, stupid house builders and estate developers, stupid religious leaders, stupid freedom fighters, stupid suicide bombers, etc. 

Those that are foisting old and ready to retire politicians in Nigeria; politicians who everyone is sure that they have nothing to offer again to the development of the nation are stupid people, those that always plan to hit up the polity with no benefits accruing to them from the act according to Calo M Cippola are all stupid people. The list goes on, It doesn’t matter the person’s educational qualifications or professional status, a stupid person is a stupid person. 

Whenever you engage in an act, first ask yourself if the act is a stupid one and take an objective view of it; if other people lose and you gain nothing from that act then you are totally stupid; not my word by the words of Calo M Cippola.

Try not to be included or be found amongst the circle of stupid people, they are very dangerous, stupidly dangerous and it is more dangerous that they have no idea how dangerous them being stupid is and people ignore their stupidity without knowing that their stupidity have a huge negative impact in everyone around them. 

Biggest Raises in African Startup Ecosystem – January 2022

0

India wants the citizens to pay 30% tax on crypto and NFTs; do not share this post with the Federal Inland Revenue Service of Nigeria. And Saudi Aramco has souped up a $1billion Venture Capital fund to invest in emerging technologies. Hello NNPC, can you budget  $10 million for early stage startups in Nigeria?

That may be the oil and gas of the future because African startups are raising tons of money and some do not even have time for the pressmen. Tekedia Capital continues to provide paths for people to own a piece of these future empires here 

Be inspired because the future looks promising; the innovators are at work.

Comment on LinkedIn Feed

Comment 1: The dollars are raining, the future is not gloomy but exciting, you just need wash your eyes very well, so that you can see.

As for NNPC, it would be a great idea for it to have tech focused venture funds, since it’s great at loss making, with zero innovation anyway; this could open a new vista, making the hopeless state entity relevant in future discussions. As long as it doesn’t introduce quota system in funding the startups, else it will become another wasteful adventure.

For India and new tax regime for crypto and NFTs, our case is quite different, we haven’t even admitted or denied how useful or harmful the new tech is to our economy, so contemplating taxation would be an aberration.

Read Tekedia Mini-MBA Testimonials Here

0

Mr. Adebayo Adeleke served the U.S. Army for more than 20 years. He rose to the positions of the Director of Contracting Operations and Chief of Contracting. Bayo, a seasoned combat veteran of the United States Army, CEO of Adebayo Adeleke LLC and a Tekedia Institute Faculty, sent this unsolicited video testimonial mainly from feedback from dozens of his staff who have attended our programs.

Read Tekedia Mini-MBA testimonials here.

Invent, innovate and drive organizational transformation, performance, and growth. Capture emerging opportunities in changing markets while optimizing innovation and profitability. Digitally evolve your business or functional area, turning digital disruption into a competitive capability and advantage. Master the concepts of building category-king companies, and thrive.

Registration for the 6th edition of Tekedia Mini-MBA (Feb 7 – May 7, 2022) opens. Tekedia Mini-MBA, from Tekedia Institute, is an innovation management 12-week program, optimized for business execution and growth, with digital operational overlay. It runs 100% online. The theme is Innovation, Growth & Digital Execution – Techniques for Building Category-King Companies. All contents are self-paced, recorded and archived which means participants do not have to be at any scheduled time to consume contents. Our programs are designed for ALL sectors, from fintech to construction, healthcare to manufacturing, agriculture to real estate, etc.

Facebook’s Meta Drops 22%, Wiping $200 billion; Apple, TikTok At Play

1

When Facebook changed its algorithm a few years ago after the paralysis of the Cambridge Analytica scandal, many companies which built on Facebook went bankrupt. Today, Apple’s privacy changes in its products are hitting Facebook hard. Yes, Meta (parent company of Facebook, Instagram and WhatsApp) is off by more than 22% in after hours after the company missed earnings targets. 

Simply, privacy changes by Apple have allowed users to opt out of having much of their online activity tracked, and that has made it harder for Meta to soup them with ads. With less efficiency, clicks drop and Facebook sees more than $200 billion wiped out in its market value.

You can see why modern digital infrastructure companies in the mobile internet era own the future. Apple’s iOS and Google Android for mobile while Windows rules everything else. 

As that happens, TikTok provides another asymmetric attack from the flanks. TikTok is a key reason the growth on active users has stalled.

Meta’s companies are just visitors in those ecosystems,  and that is why Mark Zuckerberg is hoping he can create a new dawn in metaverse with an amalgam of Oculus VR and other things to control one. Possibly, Meta will build the operating system for metaverse so that this risk of changes in Google and Apple will become better managed.

Meta’s stock slumped more than 20% after the Facebook parent company posted disappointing earnings and reported that its number of active users had stalled. Profits dropped 8 percent in the fourth quarter, to $10.3 billion, from a year earlier and the company’s number of monthly users remained static at 2.91 billion, compared with analyst projections of 2.95 billion. Meta said it was being hit by a combination of “headwinds,” including the negative effects of inflation and supply chain problems on advertising spending, and increased competition for users’ time. (LinkedIn News)

People, it is just a click away and the digital animal fades; TikTok ticking!