Chuol Ruei G, economic analyst
I am graduate from Management as major, in faculty of Business and economics. Work Experience,
Six years working experience in banking industry
Is South sudan economist ready to adjust economic collapse?
Yes ofcourse not, only bussiness ownners are the most successfull planners than public sectors workers.
Managers in different companies always predicts their business progress or declines for two to five years and it alway come true, because they uses all strategies and tactics to achieve their pre setted goals.
While goverment emloyees do not plan properly, they just ignore rules and regulations on theirs tables and enviromental change that may happen any time that can affect the entire country and no plan B in place or contingency plan that may fix the situation.
Like drop of oil prices in world market in early 2015 affected some developing countries too much whose budgets depend on oil revenue.
Due to fall of oil price, hard currencies supplies into market decline and demands became hight as many countries uses hard currencies as mean of importing goods, drugs and other equipments.
When we come to analysis the levels of Southsudan economic in the last quartor of this year, it became the first east Africa country hit seriously by oil price drop in the world market in early 2015 and black market exchange rate reach up to 18.2 with high probability of increase up to 20.0 in first week of Nov.2015.
In other way around,
there are some factors that contributed to worsening economic of Southsudan likes
- huge expenses inWar
- lack of insfrastructure
- Poor harvest in local communities
If we identify the courses our economical problems, what are the remedies?
This is our next topics
Roles of Managers Minimising conflict in the work places
The workplace can be avery emotional place.When there are competitive, professional, driven people and focused on being noticed, performing well, achieving effectively competing with one another for result and attention, there are bound to be animosities and incidents between co-workers.
Managers should consider different characters of staff in work place to minimise conflict , those who have need to lead and those who prefer to follow, people who respond differently in situations of stress.
An effective manager needs to be able to see, discuss and resolve difficult interactions in work place. These may be between employees , colleages, manager and employer or customers and suppliers.effect manager need tools and techniques to help them notice conflict developing, decide which situation are resolving, determine the source of a problem and discuss the emotions that difficult interactions can arise. More story is coming soon
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