FREE MANAGEMENT CONSULTING COURSE on www.oeconsulting.be
Coping with stress :
Setting priorities in our lives : self-awareness and personal leadership to “make best of things”
Our emotions and those of the others : each of us has the right to feel what he or she feels
Interpretation of the situation : thinking errors
Worst case scenario “people are sacked” “people won’t find a job” …
Mental models: each person has a different world view
Fear to fail : not predictable or unknown what happens next no confidence or no trust not able to take that risk
Urge to be accepted
Urge to be perfect
Generalize opinions or world views
Blame others (Calimero effect)
Focus on the missing instead of the present
Breathing and relaxation (yoga, tai chi, massages, …)
Healthy food : Slow sugars, vegetables and fruits, meat and fish
Are you really hungry? Or are you nervous, sad or angry?
Sleeping
Tip :
Relaxation: an activity of several hours dedicated where you are committed and forget the sense of time
“What would you prefer to do on a free evening?”
Plan something and have something to look forward to.
Tips for turning problems into opportunities:
Put the responsibilities to those who are responsible : what is needed to do ?
Setting priorities for letting go of your concerns
Find a enjoyable hobby, sports, outdoors, … for distraction
Communicate instead of worrying
Take initiative instead of complaining
Being assertive in a friendly way instead of avoiding stress situations
New start instead of struggling (what happened is past)
Solution is to put the situation into perspective and to be more confident on the outcome :
Challenge your conclusion
Ask yourself 3 times why it is like this
What do you learn from this situation (positive consequences and negative consequences)
Time and stress management for students by IFMSA trainer
the training was comcucted in 2 hours and the "learining moment" at the end was held with a music backgroud (soundtrack of the movie self/less https://www.youtube.com/watch?v=yUD36DNajV8 )
when every one of the attendees tell a short story when he was in a great a stress and how he managed to get out of it or conquer it.
Mindfulness Workshop – A Grassroots Approach to Improving Self/Tech BalanceShihui Kong
This workshop is an experiment born out of my MA thesis at Hyper Island. Most of the exercises in the workshop contain experimental frameworks, created out of my synthesis of online research. I would love to receive any feedback that can help refine the workshop further. :)
Inspiration & Credits:
Atomic Habits by James Clear
Cactus app
Tiny Spells newsletter
A conversation with Samantha
Hyper Island Toolkit
Time and stress management for students by IFMSA trainer
the training was comcucted in 2 hours and the "learining moment" at the end was held with a music backgroud (soundtrack of the movie self/less https://www.youtube.com/watch?v=yUD36DNajV8 )
when every one of the attendees tell a short story when he was in a great a stress and how he managed to get out of it or conquer it.
Mindfulness Workshop – A Grassroots Approach to Improving Self/Tech BalanceShihui Kong
This workshop is an experiment born out of my MA thesis at Hyper Island. Most of the exercises in the workshop contain experimental frameworks, created out of my synthesis of online research. I would love to receive any feedback that can help refine the workshop further. :)
Inspiration & Credits:
Atomic Habits by James Clear
Cactus app
Tiny Spells newsletter
A conversation with Samantha
Hyper Island Toolkit
Anger often considered as a bad emotion is a healthy, human emotion. It helps in reducing stress while balancing your physical and emotional distress but losing control of your actions after getting angry is the stage where things slip out of your hands. Anger management can refer to a psycho-therapeutic program that can help you in anger prevention and control. These slides cover the introduction or definition of anger, causes of anger, anger cycle, the ways to understand your anger, relaxation technique to manage anger, etc. to give you a better understanding of it...
Learn how to avoid 10 common time management mistakes. manage your time well by prioritizing, How to work smartly. Learn how to self motivate your self at work place.
Stress has become part of life and anyone can experience a stressful situation in their lives. Sometimes, being a little stressed can be motivating and can tend to inspire individuals for accountable action but being exposed to it for a long period of time can disbalance the basic lifestyle of a person. Here we will explore the basic definition of stress, its impact on the human body, and ways to cope up with stress in your life in brief:
a lot of people have problems with their mental health. It could be a heartbreak or feeling excluded. I made a slideshow to hopefully help the people that want help. almost all the things in this show are personal to me so do not be sure this is definitely going to help
please enjoy :)
Teacher Wellbeing; From Crazy to Calm: Managing EmotionsPatti Glasgow
Have you ever done something or said something that you later regret? Do you have a goal but can’t
seem to make it happen? Do you fly off the handle sometimes at those you love the most? Discover
why managing your emotions is crucial to your wellbeing, your ability to achieve your goals and
being able to be the parent and teacher you want to be. This key note speech will explore how
important understanding Emotional Intelligence is to our Success, three steps to manage your
emotions, a lesson from Angry Birds, Mindfulness and Meditation activities and the Six keys to
effective time management.
Similar to Time management for projects, tasks and to do's (20)
System thinking : You will see it when you realize itHocein
FREE MANAGEMENT CONSULTING COURSE on www.oeconsulting.be
Operational Excellence Consulting
Business fundamentals
1. System thinking p. 3
2. Strategy management p. 23
3. Product management p. 48
4. Project management p. 61
5. Guide - Six Sigma, Pareto, Lean, Agile p. 86
Insights for better decision-making
1. Personal growth & leadership p. 98
2. Getting things done p. 122
3. Decision Making p. 147
Personal leadership - Lean startup, funding, business plan, new jobHocein
FREE MANAGEMENT CONSULTING COURSE on www.oeconsulting.be
Tips for starting a business :
1. The “Does it matter?”-Test
Trust your emotions.
Know that a problem can suddenly become an opportunity to start from scratch without a legacy to carry on. A project has to meet specific needs or create something compelling, like a feature that sparks an emotion that you want to see.
2. Make a little, Try a Little and Sell a Little
Avoid getting too much money too soon.
3. Selling Your project & Yourself
4. Community organizing
Identifying the people around you with whom you can create a common, passionate cause
5. Executing your project
Think of execution as a series of rapid prototypes. Great projects get instant feedback and do instant adjustment cycles. The more iterations you can rapidly go through, the faster you can execute your project.
Starting your own business with “Lean start-up” :
Lean startup is a methodology for developing businesses and products, which aims to shorten product development cycles and rapidly discover if a proposed business model is viable, because the primary objective is to have a safe cash flow which then can be invested in risky developments.
Central to the lean startup methodology is the assumption that when startup companies invest their time into iteratively building products or services to meet the needs of early customers, the company can reduce market risks like creating a complete product that doesn’t appeal to the customers or like creating a lot of features that are not used or required by the customers. So the advantage is that there is no need for large amounts of initial project funding and expensive product launches and failures. This is done with two techniques :
A minimum viable product “MVP” (similar to a pilot experiment) is the version of a new product which allows a team to collect the maximum amount of validated learning about customers with the least effort
A split or A/B test is an experiment in which different versions of a product are offered to customers at the same time. The goal of a split test is to observe differences in behavior between the two groups and to measure the impact of each version on an actionable metric.
Customer feedback during the development of products or services is integral to the lean startup process, and ensures that the company does not invest time designing features or services that consumers do not want. Customer feedback is measured through two processes, using key performance indicators and a continuous deployment process.
A new way of funding your project is crowdfunding : Collect small amounts at a large public via the internet for your project
FREE MANAGEMENT CONSULTING COURSE on www.oeconsulting.be
Decision-making
How ?
Multiple-criteria decision technique is an evaluation method in order to make rationally a choice between several alternatives on the basis of more than 1 criteria. The steps are :
List of alternatives or choices
List of important criteria required for your decision
Give a score (e.g. on 10) on each criteria for each alternative
Give a % weight to each criteria if one criteria is more important than the other (sum of criteria weight is 100%)
Multiply each score with its weight and sum up to have the total for each alternative
Rank all alternatives from high to low
Tip :
A bad result does not automatically indicate a bad decision, or vice versa (maybe external factors!)
We rely too often on emotions instead of research (but remember plain things, plain decision!)
Having an influence on decision making, don’t be easily convinced for :
Nice plausible stories that are told :
Reject the easy and obvious answers that someone comes up with. Not everything that seems plausible is true. Don’t judge outcomes without looking at underlying forces : sometimes what is presented as the root cause, is actually the consequence and vice versa. E.g. beautiful women advertising for cosmetics
We don’t detect what is absent – we see the success but what about the ‘hidden’ failures? Often success is attributed to ability, while failure is caused by external factors.
Big contrasts compromises our judgement:
Big contrasts between things can be misleading : We judge something if we have something completely the opposite in front of us. We have difficulty with absolute judgments. We don’t notice small gradual changes.
When a single aspect dazzles us, it affects how we see the whole picture. E.g. a single quality that produces a positive or negative impression and that outshines everything which make the overall effect disproportionate.
We see what we want to see:
People choose numbers for a lottery thinking it makes a difference or people throw dice harder thinking it makes a difference for a high number. We identify or just invent a pattern and ‘believe in it’ without considering it first as pure chance.
We interpret new information so that our prior conclusions remain intact. E.g. reading opinions on the internet, illusion of “no pain no gain” where there is no concrete result,…
Management Consulting - Decision Making & Thinking errorsHocein
FREE MANAGEMENT CONSULTING COURSE on www.oeconsulting.be
Decision-making
How ?
Multiple-criteria decision technique is an evaluation method in order to make rationally a choice between several alternatives on the basis of more than 1 criteria. The steps are :
List of alternatives or choices
List of important criteria required for your decision
Give a score (e.g. on 10) on each criteria for each alternative
Give a % weight to each criteria if one criteria is more important than the other (sum of criteria weight is 100%)
Multiply each score with its weight and sum up to have the total for each alternative
Rank all alternatives from high to low
Tip :
A bad result does not automatically indicate a bad decision, or vice versa (maybe external factors!)
We rely too often on emotions instead of research (but remember plain things, plain decision!)
Having an influence on decision making, don’t be easily convinced for :
Nice plausible stories that are told :
Reject the easy and obvious answers that someone comes up with. Not everything that seems plausible is true. Don’t judge outcomes without looking at underlying forces : sometimes what is presented as the root cause, is actually the consequence and vice versa. E.g. beautiful women advertising for cosmetics
We don’t detect what is absent – we see the success but what about the ‘hidden’ failures? Often success is attributed to ability, while failure is caused by external factors.
Management Consulting - Getting things done (Task management)Hocein
FREE MANAGEMENT CONSULTING COURSE on www.oeconsulting.be
Coping with stress :
Setting priorities in our lives : self-awareness and personal leadership to “make best of things”
Our emotions and those of the others : each of us has the right to feel what he or she feels
Interpretation of the situation : thinking errors
Worst case scenario “people are sacked” “people won’t find a job” …
Mental models: each person has a different world view
Fear to fail : not predictable or unknown what happens next no confidence or no trust not able to take that risk
Urge to be accepted
Urge to be perfect
Generalize opinions or world views
Blame others (Calimero effect)
Focus on the missing instead of the present
Breathing and relaxation (yoga, tai chi, massages, …)
Healthy food : Slow sugars, vegetables and fruits, meat and fish
Are you really hungry? Or are you nervous, sad or angry?
Sleeping
Tip :
Relaxation: an activity of several hours dedicated where you are committed and forget the sense of time
“What would you prefer to do on a free evening?”
Plan something and have something to look forward to.
Tips for turning problems into opportunities:
Put the responsibilities to those who are responsible : what is needed to do ?
Setting priorities for letting go of your concerns
Find a enjoyable hobby, sports, outdoors, … for distraction
Communicate instead of worrying
Take initiative instead of complaining
Being assertive in a friendly way instead of avoiding stress situations
New start instead of struggling (what happened is past)
Solution is to put the situation into perspective and to be more confident on the outcome :
Challenge your conclusion
Ask yourself 3 times why it is like this
What do you learn from this situation (positive consequences and negative consequences)
Management Consulting - Personal Growth & LeadershipHocein
FREE MANAGEMENT CONSULTING COURSE on www.oeconsulting.be
Operational Excellence Consulting
Tips for starting a business :
1. The “Does it matter?”-Test
Trust your emotions.
Know that a problem can suddenly become an opportunity to start from scratch without a legacy to carry on. A project has to meet specific needs or create something compelling, like a feature that sparks an emotion that you want to see.
2. Make a little, Try a Little and Sell a Little
Avoid getting too much money too soon.
3. Selling Your project & Yourself
4. Community organizing
Identifying the people around you with whom you can create a common, passionate cause
5. Executing your project
Think of execution as a series of rapid prototypes. Great projects get instant feedback and do instant adjustment cycles. The more iterations you can rapidly go through, the faster you can execute your project.
Starting your own business with “Lean start-up” :
Lean startup is a methodology for developing businesses and products, which aims to shorten product development cycles and rapidly discover if a proposed business model is viable, because the primary objective is to have a safe cash flow which then can be invested in risky developments.
Central to the lean startup methodology is the assumption that when startup companies invest their time into iteratively building products or services to meet the needs of early customers, the company can reduce market risks like creating a complete product that doesn’t appeal to the customers or like creating a lot of features that are not used or required by the customers. So the advantage is that there is no need for large amounts of initial project funding and expensive product launches and failures. This is done with two techniques :
A minimum viable product “MVP” (similar to a pilot experiment) is the version of a new product which allows a team to collect the maximum amount of validated learning about customers with the least effort
A split or A/B test is an experiment in which different versions of a product are offered to customers at the same time. The goal of a split test is to observe differences in behavior between the two groups and to measure the impact of each version on an actionable metric.
Customer feedback during the development of products or services is integral to the lean startup process, and ensures that the company does not invest time designing features or services that consumers do not want. Customer feedback is measured through two processes, using key performance indicators and a continuous deployment process.
FREE MANAGEMENT CONSULTING COURSE on www.oeconsulting.be
Operational Excellence Consulting
Project management
A Project is a temporary attempt undertaken to create, adapt or stop a unique product or service. There is a clear definition of what needs to be delivered. It has a start and an end, it is temporary, and it is resulting in something unique and is outside of normal operations.
A project life cycle is a collection of generally sequential and sometimes overlapping project phases.
Feasibility study of the project
Budget Range and estimations
High level planning
High level scope
High level requirements
Start of project management :
Project management plan is the project baseline (budget baseline, scope baseline, schedule baseline). Progress will be measured against the baseline (are we on track ? time? budget?).
Quality assurance on budget, scheduling/timing, governance, risks, reporting, communication, resources, documents, outsourcing, change
If it is not a one-time project, then the procedure must be standardized.
Performance indicators
Lessons learned
Steps for the project manager:
Understanding the context. What is the strategy behind this project. What is the need or business problem/issue? What are the objectives and the success criteria of the project? When can we say that we have reached our goal ? What is the relation between the objectives and the means at your disposal (what is needed to do the project and what is the action plan to develop the missing skills or knowledge) ? What is the level of hostility of the environment?
Setting up logs of the business problem/issue to measure the problem
Defining the scope by gathering data via interviews or brainstorming
Define a project plan with phases (1) analysis phase of current situation “as-is”, (2) proposed solutions phase for the “to-be” situation, (3) implementation phase, and with room for uncertainties (contingency)
Setting up early warning systems (KPI)
What are the risks ? What is the action plan against it? Risk is a feared event that is not predictable. Every risk has a level of probability and a level of impact.
Carrying out the project : making the deliverables (e.g. coding, development, definition of parameters, interface, documentations, testing, prototype, end to end test), communication of it and provide feedback to client.
Project closing: handover, presentation, training.
Problem solving techniques :
Understand the business situation and make a list of the issues with the current situation in well defined activities (organizational issues, cultural issues, personal issues) “as is situation”
Define the most feasible solution or the requirements for the solution “to be situation”
Requirements describe how to develop and specify pieces of work in enough detail to allow them to be successfully implemented by a project team (work breakdown structure)
FREE MANAGEMENT CONSULTING COURSE on www.oeconsulting.be
Operational Excellence Consulting
Strategic Marketing : Advertising is a strategic investment. Continuity of advertising is key.
Stock-Flow diagram :
How ?
Attract consumers from top market leaders and develop them into your loyal customers.
Client relation marketing in order to become the best structural partner of the client. However the top 20 % best clients are not always the most loyal clients (perhaps they are also big clients at competition as well).
Positioning of the product/service happens in the “mind” of the consumer.
Differentiation strategy of the product/service (that is perceived as “unique” by the consumer) by making certain “associations” of the product/service
Those associations that are made in the “mind” of the consumer, are appealing to deeper motifs of the consumer : For example certain social objectives (like getting in touch with other people), a certain self-image (like a luxury lifestyle), certain values (like healthy or environmental issues) ,…
Voice of Customer identify client’s needs : reactive via complaints or proactive via benchmarking
What is the perception of the product/service by the customer. For each feature ask the customer 2 questions :
–How would they feel if a feature (or association) “Was present”
–How would they feel if a feature (or association) “Was Not present”
FREE MANAGEMENT CONSULTING COURSE on www.oeconsulting.be
Operational Excellence Consulting
What is Strategy Management ?
Strategy is to prepare systematically plans for the future in order to interact to new emerging trends and changes in the wider scope of the company with special attention to avoid rigidity, because the past is not equal to the future.
“Wide scope of the company” : Companies are open systems : input side for resource seeking and output side for market seeking (system dynamics!)
“Avoid rigidity” : New events, new knowledge makes that the original strategy is no longer up to date
In general, strategy arises incrementally: “What are realistic objectives with current characteristics of the context and future trends?”
Predictability is key for making strategic plans and investment decisions in the long run. Planning, with hard data and soft data (tacit knowledge), is easier in stable environment. However in the long run a small change in wide scope of the company could escalate dramatically due to system dynamics.
Besides predictability, there is also legacy: most big companies have legacy to carry on while small companies (e.g. Fintech) start from a clean sheet and are flexible, focused, motivated and can “do more with less”.
For building and accumulating a “strategic competitive advantage (SCA)” a consistent flow of investment is needed in order to obtain desired level of accumulation.
A “strategic competitive advantage (SCA)” can be a patent (intellectual property), a customer install base, a certain image or branding in the mind of the customers, a new disruptive or innovative technology, … and is the result of a strategic decision in investing a consistent flow and stock.
Stock – flow diagram : “Success breeds success”
For example: (1) a consistent investment in R&D will give a bigger stock of knowledge/competence than the double investment in half of the time. So speeding up the investments will not give the same stock at a certain moment. (2) a consistent investment in advertising will give a bigger stock of reputation/image/branding than the double investment in half of the time.
Management Consulting Method - System thinking & System DynamicsHocein
FREE MANAGEMENT CONSULTING COURSE on www.oeconsulting.be
The “old problem solving method” suggest that for each visible problem, we can take action against it. This is however not always the case. A company is like a system where different departments are interconnected and depend on each other. A solution or an intervention in one department has also a side effect on another department. The lack of system thinking is the reason why companies keep facing recurrent problems without tackling the root cause of it.
Old problem solving method would look like this :
However what actually happens is …
Suddenly, due to special conditions in order to attract new clients, the quality of services was low which makes that our initial action of more clients has lost its effect due to system dynamics.
Undesired side effects arise from our solutions (or intervention) in the system, due to the fact that different elements are linked and depend on each other (underlying forces and interactions), the outcome from our action is different from what we expected.
In order to stop the drug problem, the government introduces a strict policy of repression, because this will solve the problem for once and for all.
However what actually happens is …
Suddenly, drug prices increases, leading to more supply of drugs, also due to the high price, the crime is increasing which makes that the initial solution (or action) of strict policy of repression has lost its effect due to system dynamics.
Undesired side effects arise from our actions in the system, due to underlying forces, the outcome is different from what we expected.
Case example of how it should be done : Work safety
By keep bringing ‘work safety’ as a subject of matter :
Benefits of understanding system dynamics :
Theory of the mental model = “our eyeglasses through which we see the world” :
Short term vs long run dilemmas : (where benefits of the short term is chosen instead of long run)
System thinking is the analysis of the ‘hidden structures’ :
•E.g. if a team is rewarded for their great performance, tensions arise with other teams within the same organisation that will feel less motivated.
•Be skeptical and question the patterns that you have in your ‘mental model’
•Ask questions like : Who benefits ? What are the incentives ? What are the conflict of interests (subconscious interest) ?
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Skye Residences | Extended Stay Residences Near Toronto Airportmarketingjdass
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Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
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3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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11. – Introduction to stress management :
“avoid making mistakes and having to restart over”
How ?
To do what is exactly needed, not more and not less :
1. What is the desired level of perfection?
2. What is the correct level of detail needed ?
3. What is the grade of implementation required?
– Options:
1. High grade of implementation/perfection needed
2. Average level of implementation/perfection needed
3. Low grade of implementation/perfection needed
12. – Example : oranges
“not the best but still good”
– Tips :
1. “plain things, plain decisions”
2. “Not to do list”: exclude what is not needed
3. Prevent or detect mistakes by checking and testing with what is exactly needed, not more and
not less
13. – Signs of stress:
1. Superficial breathing: good rhythm is breathing in 1-2-3 seconds and breathing out 1-2-3-4-5-
6-7-8 seconds
2. Physical signs: stomach pain, intestinal complaints, palpitations, fatigue ...
3. Emotional signals: fear, anger, frustration, lethargy
4. Cognitive signals: lack of concentration, bad memory, struggle to think rationally
5. Changes in behavior
– Stress drivers (mostly coming from our childhood) :
1. Doing a favor for someone
2. Be perfect
3. Be strong
4. Doing things in a hurry
5. Doing effort without willing to do
This is causing a reinforcing circle : afraid to say no, too friendly, too harsh on yourself, doom
thinking, urge to be accepted
– Tip:
Hold a moment of reflection. Maybe you can act in a different way in this situation. Be assertive in
a friendly way
14. – Questionnaire to fill in for yourself :
1. Doing a favor for someone:
When something goes wrong, I have the tendency to walk away from the situation instead of
tackling the situation immediately
When I speak I nod with my head or I say 'you know'
I dress with care to emphasize my personal style
Before I make a request, I first say a few kind words
I pretend to be in a good mood to hide my negative feelings
When I have to prioritize, I first give priority to the others
I smile or smile a lot when I am talking to someone
When I feel a bit nervous, I laugh to cover up the difficulties
When I am alone I often feel rushed, excited
2. Be perfect :
I often arrive too early
I make order and put things in their place. My paper basket is never empty
I move with a straight back
I collect or display interesting information or interesting objects clearly visible
I make sure that everything is accurate and correct
Things I do not care about, I postpone it or I hide it
I emphasize the mistakes of others or I ask them to justify themselves
I criticize the opinions or actions of others
I have little confidence that others act in the right way
15. 3. Be strong:
I weigh my decisions for a long time
I wonder how can I get rid of this or that?
I bring more than necessary
I do things for others that they should actually do themselves
I am more than just cautious
I can well hide my feelings with my facial expression
Even if I am nervous, I seem calm
For longer than necessary, I only keep my plan in bad situations
I can feel bad physically for a long time without being aware of it
4. Doing things in a hurry:
I do not search in different stores to buy clothes
I say “are you ready? Let’s go!” and I rush to leave
I can’t keep calm with my fingers, wiggle with my feet or with my knees
I walk and bump against things and people
I interrupt others to make the discussion to go faster or I'm getting ready to leave before the
others are finished
When I have to wait I can’t keep calm
Even if it is not necessary, I hurry
I do too much and too fast
I walk quickly, I eat quickly or I talk quickly
16. 5. Doing effort without willing to do:
In retrospect, I realize that I have made the task unnecessarily difficult
Every time I say "this time I’ll do it good"
I sometimes experience difficulties with events or actions where others feel at ease
When I have almost finished a task, I continue at my ease or I postpone the finish until later
In several areas I am quite messy or I let the dishes in the sink cumulating
I often come too late or worse I do not come at all
I find it difficult to end things
For important issues, I give up to do a deeper research
I wait too long before getting started
6. Choose below one of your biggest fear or concern:
Not being appreciated or feeling abandoned
Getting the blame or no respect
Being weak or unable to take care of myself
Postpone or loosing my time
Not being able to end something or “I can’t”
17. Calculating the result of the questionnaire: 1 point per check, 2 points for checks in italic
Your total score per stress driver :
1.………………….
2 .………………….
3 .………………….
4 .………………….
5 .………………….
18. – Coping with stress :
1. Setting priorities in our lives : self-awareness and personal leadership to “make best of things”
2. Our emotions and those of the others : each of us has the right to feel what he or she feels
3. Interpretation of the situation : thinking errors
– Worst case scenario “people are sacked” “people won’t find a job” …
– Mental models: each person has a different world view
– Fear to fail : not predictable or unknown what happens next no confidence or no
trust not able to take that risk
– Urge to be accepted
– Urge to be perfect
– Generalize opinions or world views
– Blame others (Calimero effect)
– Focus on the missing instead of the present
4. Breathing and relaxation (yoga, tai chi, massages, …)
5. Healthy food : Slow sugars, vegetables and fruits, meat and fish
– Are you really hungry? Or are you nervous, sad or angry?
6. Sleeping
19. • Tip :
Relaxation: an activity of several hours dedicated where you are committed and forget the sense
of time
“What would you prefer to do on a free evening?”
Plan something and have something to look forward to.
Plan 5 activities (of 2 to 4 hours) to
relax in the next 30 days :
1. ……………………..…….. ………/………..
2. …………………………….. ………/………..
3. …………………………….. ………/………..
4. …………………………….. ………/………..
5. …………………………….. ………/………..
20. – Tips for turning problems into opportunities:
1. Put the responsibilities to those who are responsible : what is needed to do ?
2. Setting priorities for letting go of your concerns
3. Find a enjoyable hobby, sports, outdoors, … for distraction
4. Communicate instead of worrying
5. Take initiative instead of complaining
6. Being assertive in a friendly way instead of avoiding stress situations
7. New start instead of struggling (what happened is past)
– Solution is to put the situation into perspective and to be more confident on the outcome :
1. Challenge your conclusion
2. Ask yourself 3 times why it is like this
3. What do you learn from this situation (positive consequences and negative consequences)