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…
Where and how do you start life after campus?
Why do some students get great jobs before they live campus while others tend to linger for long on the street looking for some work, just any work and fail to even find it? The secret is not something you may think. Every year, leaders and top executives approach University lecturers for names of their top students in the class. If you are average, chances that your name could end up with the top bank’s top honcho are high if you just a great student that works closely with the lecturer! You must have a strategy for every situation you…
