He is currently a farmer and consultant. A seasoned Auditor who trained in the United Kingdom. A former Director of Internal Audit at Uganda National Roads Authority, Peter Kirimunda has been there and seen it all. He met with Mustapha B. Mugisa at his office about his life’s lessons. In brief: Life skills are best learnt when people are still young. For example, I learnt agriculture, the discipline of hard work and earning from your sweat. The level or place you are does not matter, it is your determination and passion that will take you where you want to be.…
Legal innovation
If you are a lawyer in the private legal practice, google this term: “trademarkia”. You will learn it is a website that offers free web content, connects users to paid legal services and as of 2019, it helped the new law firm that started it to top the filing of trademarks — dethroning the traditional law firms… Indeed, new entrants in tech law are taking small pies from the big boys. Now is the time for new law firm strategy – where will growth come from? What is your law firms long term game? Where do you plan to grow…
Are you winning?
Below is a memo a branch manager of a bank wrote to his team, which I was part of, after an encounter. At the time, we persistently came to work late. That was way back in 2003! It is surprising that this discipline of timekeeping is a real career trapper. In Uganda, when it rains, many programs change. People fail to move. Something called an umbrella does not exist. On my first job, it rained. I came slightly late, just checked in 10 minutes past the official reporting time of 8:00 am. Then branch manager at Nile Bank looked at…
Is a chairman higher than a CEO?
Yes, in perceived terms. In real terms, no. The corporate structure is based on a chain of command from lower management levels to most senior. Level 0– top most level. Shareholders or founders level. The people who appoint the board of directors, who are headed by the board chairman. Often times, the founder may and can appoint himself or herself on the Board. In America, it is common. Level 1 —Board members. The people who run the business on behalf of the founder or shareholders. Ideally, shareholders appoint board members required. And on their first sitting, they elect their Chairman.…
Is cybersecurity advice valuable to a board of directors?
Of course, it is. I recently delivered a talk to the Board of Directors of a major, not for profit organization in Africa. I was surprised at their basic appreciation of the cybersecurity risk management strategy. Compared to Bank Boards, Not for Profit Boards don’t invest a lot in learning new and emerging business risks as their counterparts in financial institutions. Nevertheless, all board members need ongoing advice on cybersecurity. Competitive advantage today is through a company’s ICT infrastructure investment and optimization. Without a robust ERP system, for example, your Company is at a competitive disadvantage. However, automation comes with…
Tool 74 of 104 is to avoid grey areas
“As he was walking by the Sea of Galilee he saw two brothers, Simon, who was called Peter, and his brother Andrew; they were making a cast in the lake with their net, for they were fishermen. And he said to them, ‘Follow me and I will make you fishers of men.’ And they left their nets at once and followed him”, Matthew 4:12-23 My brother once had strong political ambitions. Some time at the turn of 2001, he stood the position of Youth Member of Parliament, Western Region. But this was the same time the brother of a well…
