There are no announcements for board appointments. One will ask how companies find the people to sit on their boards. Getting a board appointment is all about being identified as an outlier in your respective profession than being invited to apply for the position. This is not a job with specific responsibilities, which when you fail to perform they sack you or subject you to performance improvement. It is an obligation to commit time and resources to provide oversight and when you fail to deliver you risk being sued. To become a board member, it requires someone who is already…
Why it is important for families to intermarry
Intermarriage is good. It facilitates diversity and mixing up of different genes to deliver something unique. The practice of marrying beyond boundaries, tribes, races or families is fantastic. A country like Australia has survived because of many people from different parts of the world settled there. US has succeeded because of immigration. People came from Africa, Russia, Europe and intermarried. The results were an intermix of races gave to the birth of future geniuses who have redefined the world we now live in. Of course, there are races like the Jews and Arabas, among others, who have defied all odds…
How to win a job where 500 people have applied
First, why would a person in their right mind apply for a job where 500 applications have already been submitted for the same job? If you go to drop a CV and find 500 before you have already applied, don’t leave your application there. Stop dreaming and get serious about your career. Always be the old man out. That should be your focus. Don’t follow the crowd. Don’t go for the road most travelled. Look for the road less travelled. Even for the road most travelled, make sure you take a different path. Take a case of a typical African…
How can Interns get confirmed at the workplace?
The biggest challenge is always how to put your foot on the door. Once you go past that challenge as an intern, it is your best opportunity to shine. That is why I am always very concerned whenever I see a person who worked as an Intern somewhere and was not retained. Once you get an opportunity to work in any company as an Intern, begin exploring opportunities to get retained. It is your business to know who sis who in the organisation. Know the office cleaners. The personal assistants of the bosses. Their family and friends. Know their hobbies…
Governance and profitability: is there a dilemma?
The reason for good governance is to earn as much profits as you can in a sustainable way. In non-government organizations and public sectors, the reason for good governance is to deliver stakeholder value. There is no dilemma whatsoever unless there is conflict of interest, corruption and fraud. These are tell-tale signs of bad governance. In my position as the Secretary of the Institute of Corporate Governance of Uganda, we are creating environment of best practices to make sure that people understand how to run their businesses profitably and sustainably. When this is achieved, economies prosper, and people succeed. You…
Why do some Ugandan businesses fail?
Many people start businesses because of the attractiveness of self-employment. However, sustaining the business is the most difficult part. One of the reasons why businesses are failing is lack of good people with passion and the zeal it requires to drive business growth. Some employees have a mindset of poverty and negative mentality. They think by working they are making the business owner to succeed. They forget that they need to put in their best foot forward so that the business succeeds which is good for their careers. Most staff have a mindset of public service, even when they have…