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Web Repository: UI, Other 9 Universities Produced 568 Institutional Publications Since Existence

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National-Universities-Commission-NUC
National-Universities-Commission-NUC

One of the core purposes of any university is research, which invariably means producing knowledge for consumption within and outside the university environment. In the continuation of our analysis of the issues and needs in the Nigerian higher education sector, we have found that the University of Ibadan, Nigeria’s first University, and other 9 oldest Universities in the country have produced 568 institutional publications [deposited on the Internet according to the Google Scholar].

Institutional publications as revealed by our Google and data collection tools we appropriated entails publications authored by Faculty members but solely owned by the Universities. In this context, the 10 Universities are publishers. Further checks reveal that a number of these publications are monographs, convocation materials, policies and plans of the Universities including research reports.

Analysis indicates that on average 51 years of publications, these Universities have published 63 publications with average 1 and 0.016667 scores for H-index and H-annual index respectively. H-index and H-annual index are measures being used to know the extent to which a publication by an author is impactful within the academic community. The impact is usually tied with the number of times such publication is cited by other scholars in the same field or across disciplines.

Exhibit 1: Years of Publications versus Number of Publications

Source: Google Scholar, 2020; Infoprations Analysis, 2020

We equally discovered that the University of Ibadan has published 153 publications since existence. These publications have attracted 29 citations with 3 scores for impact status. With 133 publications, the Ahmadu Bello University is following the University of Ibadan. The institution’s 133 publications have only attracted 4 citations and insignificant impactful score [H-index=1]. Despite the insignificant publications [when one looks at the years of existence of the institutions], a strong connection between the years of publications and the number of publications exists. We found 91.1% connection.

Exhibit 2: H-index versus Citations

Source: Google Scholar, 2020; Infoprations Analysis, 2020

With this result, one would expect that the long years of existence translate to high publications and archive them on the Internet for a global audience. This position is further supported when we discovered that one citation increases H-index scores by 85.5%, meaning that these Universities need to intensify their institutional publication efforts and archive them on the Internet.

New Book – “The Dangote System” by Ndubuisi Ekekwe

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“I built a conglomerate and emerged the richest black man in the world in 2008 but it didn’t happen overnight. It took me 30 years to get to where I am today. Youths of today aspire to be like me but they want to achieve it overnight. It’s not going to work. To build a successful business, you must start small and dream big. In the journey of entrepreneurship, tenacity of purpose is supreme.”  – Aliko Dangote

From a new book – The Dangote System: Techniques for Building Conglomerates –  by Ndubuisi Ekekwe. Read here.

Free for all Mini-MBA edition 2 participants

 

Sales Manager Interview: Salesman Should be Emotionally Available for the Customers

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You can work for free to LEARN, but you cannot work for free to EARN; so why not learn the art of sales while you still can? If you are interested, then continue reading this article, else catch us directly at FoodMoby.com for some chops. No hassles in making order at all, it is fully automated.

The Interview began at 8PM GMT+1/WAT and 7PM GMT, on Saturday, July 25, 2020 via WhatsApp call between the prospective Salesman and the General Manager (current), recorded and documented for future reasons, it reads:

Mr. Justice Doubra Noah, in his interview as the Sales Manager at FoodMoby.com suggested that, we should engage with NGOs’ to serve our communities, build trust, and create a sense of caring/belonging in the people. Also utilize customer-focused strategies to win our customers into becoming our partners. Having in mind that FoodMoby.com is way beyond logistics service for the food industry; we are the Food-Industry ourselves; more details to unfold as per the business plan.

Making money from sales, at early age: It is fun, but education is the priority now

He has been into sales, right from childhood, where he engaged in door to door sales practices, made real emotional and human connections with the people, while making money for himself; as every salesman would do. Great!

If there is one thing any salesman would wish for, it would be to continue in a sales adventure at a young age, since it makes some bucks for him to at least afford some sweets. It is very egotistically beneficial, but what is the guarantee to survive and scale in the ever changing and competitive market without innovation-oriented education?

The salesman thought it wise to equip himself with education, hence earning him a degree in Business Administration (Finance) at the prestigious, “Aditya Degree College Kakinada, India”.

  • If you aspire to educate the next generation on sales and the likes, first get it done by yourself.

If a client says No, what do you do: No means, Not Over, yet

Sales is interesting, but every normal human being would dislike overtimes, too much work, and a No from the client; but that does not stop avid salesman from converting the No into, Not Over, yet.. hence ensures to grab the contact details of the potential client, for future communication and assured conversion into a loyal, long-term partner.

To understand more about the art of sales, please read the article by Chidiebere Moses Ogbodo, the Founder, CEO at FoodMoby.com.

Titled; The 5 Strategies To Close Sales Like a Pro published on Tekedia.com on Tuesday, July 28, 2020.

Excerpt reads: “The most successful salesperson deals with the market as an early morning routine (grab it while it is still fresh). They do not give in to chances, rather the market place is duly occupied by their strategic creativity.

What do I mean by this:

The salesperson who enters the market with his product, and sees that there are many similar or even leading brands, then settles down to examine the un-common questions from the on-passing customers, tends to learn their un-noticed needs. When he does this, he then tries to provide the simplest answers that are direct so that the customers do not spend lengthy time to flow with their services, hence a life-long loyal customer. It’s that simple”.

Salesman is a Business Leader, so must be EMOTIONALLY AVAILABLE for the customers:

A salesman, as a businessman who aims to be called a leader, must be readily prepared to lead his team to success no matter the situation of the market. He must be ready to lead small to large number of groups, professionals and business heads as the call-to-action personnel, and take the necessary steps to learn the skills of sales, so he can add one or two things into the team up-skilling, to ensure the team meets and surpass the business demands of the day. 

That also goes in hand with being emotionally available for the customer, and the team, and serving as the friendly shoulder to hear their needs and support them how he can; everybody wants to spend their money and work as an employee where they are valued. 

Quote: When the team is in good condition, they will serve the customers right and make money in return. by the Team at FoodMoby.com.

Evaluating Salesman Success at FoodMoby.com

Activities Management, Not Time Management; Make the schedule now, work on it when it should be, and Time will be well managed. by Mpilo Mbali DRC & Chidiebere Moses Ogbodo NG.

If there is one way to evaluate the success of a salesman with the company, then it has more to do with drafting personal strategies in-line with the mission and vision of the organization in order to achieve the organization goal, while having the short and long-term targets in mind.

  • A sales manager who aims to close big bulk and bucks deals, must be ready to go straight to the point with the customers. Do not waste the customers’ time.
  • Wrap up discussions with actionable ideas to achieve them, and actually take those actions towards the goal. 
  • He must respond to customers queries as though he knows them before time, so as to build confidence, in depth, within the shortest span of time. 
  • He must be having an automated version of himself that is making friends, developing trust and generating leads for him, while his real organic person is out there with clients solving their major human-oriented problems with effective solutions; being emotionally available.

Quote: Customers are always right, do not argue, but propose your provisions with a spike on the value it has to offer, they will buy. by Chidiebere Moses Ogbodo, the Founder, CEO at FoodMoby.com.

If a salesman is to describe FoodMoby.com this is how it will go;

  1. FoodMoby.com is a marketplace for everything food services, it is the hub to sell and buy everything food, both local and international recipes.
  2. We are digitally creative to showcase your kitchen attractiveness, with marketing prowess to ensure you get the right paying clients for your services.
  3. The proper logistics is at our fingertips to ensure our vendors clients are served, saving and managing their time, with better reason to order for more.
  4. Informative Live-kitchen Tutorials; this is a Tv series project oriented, where one comes to learn everything about food and how to bring their dream dish into life in their individual kitchens.
  5. Streamlining the catering industry with innovative provisions. making the already existing services to go automation-friendly. We will train our own chefs to the maximum value aided certified level.
  6. To boost the Agriculture industry; if the restaurants, hotels and food vendors are selling out, they will request for more food raw materials, hence more hands will go into farming.
  7. To become the Best-in-Class food service propagator. Ageless in time, and Vintage in style. You may see many other similar options, but you will definitely go with who you trust and that is FoodMoby.com.
  8. We know you are busy with work, so we will let our chefs serve you right. Do not worry about the food items to buy, and how/when/where to prepare them, FoodMoby.com has its own kitchen, where these dishes are made with careful hands and a neat environment.
  9. The quality of food we serve you is in proper check under our qualified quality control experts, chaired by the uncompromising management system.

If you are looking for anything food services, that feels as though it is grand mothers delicious taste; call FoodMoby.com, and thank us later – Bede Ugochukwu Uzoegbo | Administration Manager at FoodMoby.com 

There is no doubt your investment with us is going to give you the worthwhile Return on Investment, because we know the craft that will return your investment in quadruple. 

Closing call: If you must enjoy the proceeds of a Fruit-Salad-Tree, in the near 18 months, you must start today to clear the ground, with your investments. by Favour Ugomma Kalu, the General Manager at FoodMoby.com

Thank you for reading about FoodMoby.com from our salesman perspective, if this was a good read and you learnt something new, please tell a friend about us. One plate of Nkwobi for you, Free of charge ok!

P/S: How is it possible to meet a Nigerian who is Digital Marketing automation-friendly? If you know this person, please get in touch, let’s chop together a variety of good recipes; bill is on us.

The World Belongs to Big Tech

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Alphabet (Google parent company),  Amazon,  Apple, and  Facebook posted a combined $206 billion in revenues, adding a cumulative $29 billion to their bottom lines in last quarter. That is massively astonishing when you consider that the world is largely broken. The BIG Four are huge forces across markets, and are clearly dominant. The result: close to 40% of the S&P.  I do think Amazon will hit $2 trillion in market cap by June 2021. China powered Apple results, with regional revenues topping $9.3 billion with record iPad sales, Fortune reported.

Looking at this plot, you will notice something: only tech – big or small – is doing great. Others like financial services, healthcare, etc have huge activities but they are not capturing the financial values. Yes, we are in the midst of a pandemic, with healthcare companies at the forefront. But the fact is evident: they are not capturing value and are merely creating  opportunities for technology companies which power the world.

Thursday was dominated by the numbers, the left-brain analysis that showed how at least three of the big four are faring in the world’s darkest times. In a word: well. Amazon, Apple, and Facebook surged in the second quarter, each for their own reasons.

Amazon’s cloud business soared, and it bore fruit from its investments in delivery, satisfying sheltered-in-place customers. Apple sold a little bit of everything, including, not that surprisingly, Mac computers. The word computer used to be in Apple’s name and for the last decade it has been a slow-growth annuity for the iPhone maker. Homebound workers need computers. Facebook proved that users and advertisers aren’t that interested in how much the company harms democracy and decency. For now.

Only Google’s numbers gave reason for pause, as advertising revenue declined. Google’s ad business is so big that it’s probably the best proxy for the economy of its cohort. That it didn’t grow in a quarter when parts of the global economy were improving bodes ill

(Fortune newsletter)

In the video below, I explain.

 

Apple Topples Saudi Aramco, Becomes World’s Most Valuable Company

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Apple has toppled Saudi Aramco as the world’s most valuable company after its stock hit a record high on Friday, smashing Wall Street’s expectations.

Apple stock went up $412.22 a share, to put its market capitalization at $1.762 trillion to trump Saudi Aramco’s record.

According to data from Refinitiv, Saudi Aramco has held the position of most valuable public company since last year, and had a market capitalization of $1.760 trillion as of its last close.

Analysts had expected revenue to drop 2% to $52.6 billion on average. And earnings per share of $2.58, up 18%, crushed the average forecast of $2.07. But Apple’s 11% growth put its earnings at $59.7 billion for the second quarter.

Apple along other big US tech companies has shown resilience in the face of the COVID-19 pandemic that has brought economies to staggering point, including many publicly listed companies.

Reuters reported that Apple’s filing last up 6.2% at $408.78 in midday trading, the company’s market capitalization stood at $1.748 trillion. And after it bought back $16 billion worth of shares in the June quarter, it had 4,275,634,000 outstanding shares.

Apple announced a four-four-one stock split, with a trading on a split-adjusted basis that started in August, in its quarterly report, marking its first share split since 2014.

The Q2 report of the big four; Google, Facebook, Amazon and Apple indicated that the companies enjoyed immunity as COVID-19 ravages continue.

Saudi Aramco is among the worst hit by the economic turmoil that put oil economies on severe loss. As industries shut down, the oil supply chain was disrupted that oil price plunged below $1, while tech companies witnessed a surge due to online activities.

As Apple keeps introducing new devices, investors believe it will continue to witness more gain. The release of iPhone SE in the wake of the pandemic speaks of a company that sees profit in crisis.

North American Research Director, Jeff Fieldhack said the launch of iphone SE in April helped Apple’s growth.

“Apple volumes grew through the quarter and were especially helped by iphone SE volumes… the device has been successful and selling above expectations in both postpaid and prepaid channels. Since the iPhone SE launched, carrier stores and national retail have been re-opening. Some channels saw large promos to draw shoppers back to store,” he said

Other devices such as the ipad have also witnessed great sales as people seek devices for virtual engagements.

The growth was also spurred by other services from Apple’s platform, such as Apple TV+ and Apple News, which come with monthly subscription fees. While the coronavirus necessitated lockdowns kept people at home, Apple was raking in revenue. Services from revenue jumped 15% to $13.2 billion.

Goldman analyst Rod Hall last week called the prior 2020 big gain “unsustainable” and urged investors to avoid Apple stock which he predicted would fall $299 in a year.

But the rally to an all-time high stock price came on Thursday, when Apple shares closed at $384.76 with 31% gain in the year, defying analysts’ prediction. Dell gained 15% and Hewlett Packard’s stock went off 16%. The S&P 500 Index is up just 1% on the year.

Surprisingly, the growth happened when the US smartphone market was witnessing 25% contraction, according to Counterpoint Research. Apple and Samsung switched to online stores to sustain their supply chain.

Senior analyst at Counterpoint Research, Hanish Bhata said all OEMs (original equipment manufacturer) were down in Q2, but online sales recorded a spike.

“All OEMs were down in Q2 year-over-year. Due to lockdowns, the share of online sales grew to 31% from 14% last year. However, because of strong online presence, Samsung and Apple volumes fared better than the overall market aided by a higher percentage of online sales,” he said.

Apple has been smartly engaging consumers, minding how the global health crisis affects smartphone markets. The company’s CFO Luca Maestri told analysts on a call that this year’s iphones would likely be delayed due to challenges in the supply chain.

CEO Tim Cook told analysts on call that Apple is focused on growing the pie even in time of economic adversity.

“We’re conscious of the fact that these results stand in stark relief during a time of real economic adversity. We do not have a zero sum approach to prosperity and especially in times like this we’re focused on growing the pie, making sure our success isn’t just our success,” he said.