Christopher K.K.

Corporate Governance: Integrity in Thoughts and Actions

Corporate governance is the system by which companies are directed and controlled. It involves the mechanisms, processes, and relations by which corporations are regulated and held to account. Central to effective corporate governance is the principle of integrity, which means adhering to moral and ethical principles and ensuring honesty and fairness in all actions. Key […]

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Growth, Progress and Success in retail trade

In the context of retail trade, “growth, progress, and success” take on specific meanings and implications: In summary, achieving growth, progress, and success in retail trade requires a combination of strategic planning, innovation, customer focus, and operational excellence to adapt to changing market dynamics and deliver value to both consumers and stakeholders.

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People, Processes and Systems in Retail Management

In retail management, “people, processes, and systems” refer to the fundamental components that are essential for the successful operation of retail businesses. Let’s explore each of these components in the context of retail management: People: In retail management, people include employees, managers, and customers. Employees are the frontline staff who interact with customers and perform

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Inventory Shrinkage Management in Retail Stores Value Chain

Managing inventory shrinkage in retail stores involves addressing various stages of the value chain to effectively mitigate losses and optimize inventory control. Here’s how inventory shrinkage management can be integrated into different aspects of the retail value chain: Supply Chain Management: Procurement and Purchasing: Inventory Management: Store Operations: Data Analysis and Reporting: Employee Training and

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Navigating Retail Working Capital Management in Kenya

In Kenya, as in many parts of the world, effective working capital management is essential for the sustained success of retail businesses. With the current economic landscape presenting both challenges and opportunities, retailers in Kenya are compelled to adopt strategic approaches to optimize their working capital. This blog explores the nuances of retail working capital

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Overcoming Operational Challenges in the Boardroom: Strategies for Directors

Directors play a crucial role in shaping the strategic direction and operational efficiency of an organization. However, the boardroom is not immune to operational challenges that can hinder effective decision-making and impede the achievement of corporate objectives. From grappling with information overload to navigating complex decision-making processes, directors face a multitude of hurdles in fulfilling

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