2 research outputs found

    Environmental Dynamics, Organizational Adaptation, and Business Effectiveness in Nigeria

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    This study critically examined Environmental Dynamics, Organizational Adaptation and Effectiveness of Organizations in Nigeria. Organizations in Nigeria like other organizations all over the world are flake, uncertain,Ā  complex and dynamic due to some environmental changes that affect their operations. These environmental changes occur in the Political, Physical, Economic, Social and Technological forces of the organizations beingĀ  investigated. Changes in the informational dimension of the organizations also affected the way in which they carry out their normal business. From the analysis, it was observed that it is the absolute responsibility of the management and organizations to adopt ways and means of adapting reasonably to these environmental changes in order for them to survive grow, develop and become very profitable. Structural flexibility and coping are some means out of the dilemma of systematic changes that face them. A good structural design and the benevolent autocratic leadership policy should be put in place for their stability even though thoseĀ  organizations that adopted the democratic leadership style do also centralize and stabilize on the long-run and become highly synergic and successful.Key words: Environmental Dynamics, Adaptation, Effectiveness, Structural design, benevolent autocracy and synergy

    Analysis of Business Opportunities and Entrepreneurial Success in Nigeria: An Emphasis

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    This study theoretically centred on an in-depth analysis of business opportunities and entrepreneurial success in Nigeria. It emphasized that entrepreneurs must have the vision and ability to conceptualize ideas transform into opportunities and values in order to become successful in their chosen ventures. These they could achieve through a thorough understanding of all impacting environmental forces at work in their domain of operation. They must take some risks, properly evaluate them under some prevailing circumstances and come up with new products and services that appeal to the needs of society. Successful entrepreneurs create big businesses, contribute to social and economic growth and empower society to grow and develop by encouraging industrialization, increase in Gross Domestic Products, direct foreign investments and provision of adequate infrastructural development in their operating environments or society.Key words: Business opportunities, Entrepreneurial success, industrialization, direct foreign investment, Gross Domestic Products and adequate infrastructure
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