Luke 5:1-11 But Jesus said to Simon, ‘Do not be afraid; from now on it is men you will catch.’ Then, bringing their boats back to land, they left everything and followed him. Your thinking will determine your future success potential and the ability to impact others. As parents complete the race of placing their children in ‘good’ schools, some of us who were not that lucky can only look. The school my wife and I had indicated as first choice for our daughter, did not give her a place. That is when she opened-up and said, “I really did…
Role of the Board in IFRS 9 implementation part 1
The board provides insights that the management may lack. For this reason, experienced and exposed people sit on board. Boards are helped by committees which have technical skills and expertise in the subject matter. For IFRS 9, the audit committee of the board plays a critical role in IFRS 9 compliance. The board and its committees must provide guidance to management especially the executive team to help navigate rough waters, identify and optimize opportunities, provide timely and reliable financial information to shareholders. Compliance is one of the key roles of the board. By now, many, if not all companies that…
A simple guide to shape company culture
A company without a culture is like a team with members who are strange to one another. You want to achieve the same goal, but you don’t know the skills and competence of your colleagues. The end result is playing hard and not passing the ball. Corporate culture is shaped by these things; Values Consistent practice of the values And behaviours of people As a leader, your role is to define the values that act as a bond among teams. What are those 3-5 desired qualities (values) that guide your way of life in running the business? Your chosen values…
