Small and Medium Enterprises play an important role in developing countries by contributing to national growth. Many scholars like Ojukwu (2006) and Eze (2015) believe that SMEs are the building block of any developing country. According to the National Bureau of Statistics, SMEs in Nigeria contribute about 48% of the national Gross Domestic Product and 84% of employment.
Monarch on TEDx highlights the great work of Monarch students or professors who appear on the TED Talk series. Monarch is proud of the efforts of these contributors. We look forward to more TED appearances.
Monarch Business School is happy to welcome the newest and returning Doctoral Candidates for September 2020. The newest Candidates come from the USA, Malaysia, Ghana, Nigeria and South Africa reflecting the diversity of Monarch. With over 55 nationalities within the Doctoral programs Monarch is truly a global institution where diversity is celbrated. We wish the new candidates the very best in their program and look forward to seeing their research develop.
The competitive environment in the service industry requires firms to constantly improve business practices to be profitable and competitive. The airline industry, characterized by human interaction and delivery of services, is most in need of research in competitive advantage. This research explores and identifies the critical sources of competitive advantage from a customer-oriented perspective in the globalized airline market. The data obtained from semi-structured interviews was analysed using qualitative and inductive reasoning. The research identified critical drivers of customer satisfaction in the airline industry establishing a logical and structured rationale for models of strategy development for competitive advantage.
The current globalized milieu compels post-modern individuals to search for meaning in their work. Organizations have the opportunity to fulfill the lacunae generated by the deficiency of spiritual and religious communities and to subsequently aid workers in finding meaning while profiting financially from their engagement within the organization. Logoleadership refers to the union of leadership practices with the logotherapeutic techniques established by Dr. Viktor Frankl.
Business Strategy plays a major role in most companies, particularly in developed and mature countries. Studies show that a formal strategy can contribute to organizational effectiveness and competitive advantage. In the last few years, the United Kingdom has faced a protracted and slow growth, political uncertainty and inefficiencies due to poor management. As a result, similar mature markets have seen productivity and efficiency surpass that of the UK. Between 2017 and 2019, the UK economy lost 185 billion GBP per year due to poor management and resulting ill health. The UK also fell 14% behind similar countries in the G7 on productivity (Francke, 2017). The economic environment does not favour businesses with little or no strategic direction.
South African youth are facing an employment crisis. The deficient national education system and lack of skills development are two of the major issues which are contributing to a high youth unemployment rate. The at-risk teenager communities are predominantly living in poverty amidst various other social ills. The positive impact that entrepreneurship may have on communities is significant, hence the suggestion that entrepreneurial intervention at an early age can enhance the socio-economic empowerment of teenagers.
Organizations are continuously faced with various challenges. One particular problem is related to the retirement or brain drain of some of their essential human resources resulting in the loss of critical knowledge. Knowledge is regarded as one of the principal sources of innovation for organizations to remain competitive and create sustainable progress. Essential steps for the organization to augment their knowledge base is knowledge integration, knowledge preservation and knowledge utilization.
Countries in Africa have generally exhibited low levels of economic development and poor standards of living of citizens despite their enormous natural resources wealth (Atkinson & Hamilton, 2003). This tendency has been attributed to daunting challenges related to the exploitation of especially Africa�s extractive natural resources (Seedwell & Gladys, 2017). One of the significant issues is that the benefits accruing from exploitation of the Continent�s natural resources often do not flow through to the populace (Ayuk & Klege, 2017). However, the evidence presented in the literature on whether or not there exists a possible link between natural resources and economic development are mixed or inconclusive
It is a pleasure for Monarch Business School Switzerland to announce that Doctoral Candidate Karina Ochis was recently a keynote speaker at the 16th HR Fingerprint of Change Conference in Istanbul where she received an honorable distinction for her contribution to the event.
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