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Top 3 most successful business decisions and ideas

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Top 3 most successful business decisions and ideas

Millions of businesses are established every year. Only a small number of those are successful, and a microscopic amount of that portion go on to have international success. The reason for international success often comes down to one ingenious idea or person. Here are some of the best business decisions made in recent years.

Bringing back Steve Jobs (Apple)

Steve Jobs founded Apple with Steve Wozniak in 1976. They began selling Wozniak’s Apple I personal computer, before achieving massive commercial success with the Apple II, which was considered a ground-breaking development in personal computer technology. However, by the mid-1980s, Apple was struggling, and Jobs was forced out of the company by then-CEO John Sculley.

Later that year, Jobs founded NeXT, a computer platform company that specialised in higher education computer use. Over a decade later, Apple acquired NeXT, and Jobs again became CEO of the company in a matter of months. He revived Apple, which was on the verge of financial ruin and began developing a range of revolutionary products that have changed the world.

Revolutionary training clinics (General Electric)

Jack Welch was the Chairman and CEO of General Electric (GE) from 1981 to 2001. His approach to streamlining business efficiency and training has been applauded and criticised. However, its success for the company cannot be disputed. Every year, Welch fired the bottom 10% of managers, regardless of their performance, while rewarding the top 20% with bonuses. He removed the hierarchical management structure and brought in casual informality, mixed with competitiveness and drive. The result? GE grew from $12 billion in 1981 to over $410 billion in 2001.

Saturday morning meetings (Wal-Mart)

Sam Walton founded Wal-Mart in 1962. Wal-Mart has since grown to become the largest private company in the world, based on revenue, which was $523 billion US in 2020. Walton innovated conventional business practices in a variety of ways; however, one of his most crucial innovations was holding Saturday morning meetings with all employees. This led to a positive culture of inclusivity, where all information was shared.

I cover ridership and finance, with a focus on business, retirement planning, trusts and estates strategies, and taxwise charitable giving. I've written for Metic Press since 2019.

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Leadership

4 essential leadership lessons from some of history’s finest leaders

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Nelson Mandela

Everyone aspires to be a great leader, regardless of the context or situation. Becoming a leader takes time, patience and persistence. Some people come equipped with natural leadership; however, that doesn’t suddenly make them perfect leaders. If you think your leadership acumen needs some refreshing, here are some vital leadership takeaways from some of history’s best leaders.

Humble sacrifice – Nelson Mandela

Nelson Mandela was a visionary leader. He was imprisoned for decades, yet when released preached a message of forgiveness and respect. He was the first South African President to be democratically elected (in fair elections). He helped move the country out of the apartheid era, and his policies were committed to peace and prosperity. He had to sacrifice to achieve his goals.

Courage and determination – Rosa Parks

Rosa Parks is a seminal figure in the 1960s civil rights movement. She famously refused to give up her seat on the bus or comply with the racial segregation policies administered on public transport in Alabama. Her defiance reflected her courage and passion for racial equality, which has made her an icon in the civil rights movement.

Persistence and unity – Abraham Lincoln

As the first Republican President of the United States, Lincoln was instrumental in the signing of the Emancipation Proclamation, which precipitated the abolition of slavery in the United States. Lincoln kept the nation together, even when the Civil War threatened to rip the country apart. His leadership is a potent reminder that leaders, of all creeds and followings, must remain steadfast in their convictions.

Innovation and creativity – Eleanor Roosevelt

Eleanor Roosevelt was the First Lady of the United States when her husband, Franklin D. Roosevelt, was the 32nd President of the United States. She redefined the role by taking an active part in political and social concerns. She continued her humanitarian efforts by assisting in the development of the Universal Declaration of Human Rights in 1948.

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Leadership

The pros and cons of President Donald Trump’s leadership style

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Donald Trump

If you were to peruse random blog sites about leadership styles, the current president would undoubtedly be mentioned. While most of it is likely unfavourable, some public commentators have applauded the incumbent president’s management approach and philosophy, arguing that his election was a necessary shake-up of American politics. So, what are some of the pros and cons of Trump’s leadership ethos and principles?

Cons

There are a plethora of problems attached to Donald Trump’s leadership mantra. His campaign ethos, “America first” succinctly embodies one of these core flaws – his inability to collaborate. He continually disagrees with other world leaders, theorists and other vocal subject matter experts. This has seen him pull the US out of the NATO agreement, withdraw from the World Health Organisation and initiate a trade war with China.

Furthermore, President Trump’s leadership has been widely criticised because of his inability to own unfortunate strategic mistakes made by his administration. He criticised former President Obama for overusing Executive Orders, before proceeding to use more executive orders in his first 100 days than any other president since World War II.

Pros

Despite his polarising nature and conduct, Trump’s most ardent followers would argue that the president’s leadership philosophy does have some strengths. Whether you agree with his vision or not, you can’t deny that he does have a visionary outlook for the United States. He wants millions of jobs for unemployed Americans, greater economic security and reduced reliance on foreign powers for trade. People know what he stands for, which is a testament to the way he has articulated his messaging.

Moreover, there’s no denying that he is authentic. Historically speaking, it’s almost impossible to get a straight answer out of a politician. With Trump, on the other hand, it’s easy. He says what he’s thinking, and his followers believe it.

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Top # US military leaders of all time

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US military leaders of all time

Throughout its history, the United States has been involved in many conflicts, both domestic and abroad. As the world’s most powerful military force, it’s easy to see why US military leaders are held in such high regard in the historical record. Here are some of America’s most exceptional military leaders.

#1 George Patton (1885-1945)

George Patton was a General in the United States Army during the Second World War. He was in charge of the 7th Army in the Mediterranean theatre of WWII and the 3rd Army in France and Germany, following the invasion of Normandy in 1944.

Patton polarised people during his life and his image continues to be a point of contention in contemporary circles. He was seen as hard-working, colourful and a brilliant military strategist tactician; however, his achievements were often overshadowed by his public comments and vulgar speeches.

#2 Douglas MacArthur (1880-1964)

Douglas MacArthur was a 5-star General and Field Marshall of the Philippine Army. He played a pivotal role in the Pacific campaign during World War II and received the Medal of Honour for his services in the early 1940s. His father, Arthur MacArthur Jr., also won the Medal of Honour in the early 1900s, making them the only father-son to be awarded the medal.

#3 Norman Schwarzkopf (1934-2012)

Norman Schwarzkopf was a United States Army General, who was responsible for planning and executing Operation Desert Storm during the Gulf War. He assumed command of the United States Central Command in 1988 and his force eventually grew to entail close to 750 000 troops (both American and international).

He was pivotal in the implementation of Operation Desert Storm, which included an extended air campaign and monstrous ground offensive in the early 1990s. The campaign was highly successful, and Schwarzkopf was subsequently awarded military honours.

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