The Daily Monitor, of 27th August 2020, published an article titled “Loans advanced for cars most likely to default, says report” page 36 as a result of the recently released summitBI Banking Sector Report, 2020. Volumes and value of used car imports have been declining in the last three years thus eating into government revenues. Car loans present the biggest risk to bank with borrowers in this category most likely default, according to report. The report also notes that borrowers intending to purchase other goods such as furniture find it difficult to repay money secured to purchase such goods. Mr…
Free yourself from the prison of official ‘titles’.
Many leaders and executives especially politicians and folks in public service hold on their roles for fear of job title identify loss. ‘The ED of xx.’ The PS of xx’. The Minister, xx.’ This creates entitlement. Position identity. And positional power. This kills transitional leadership, as the holder may not imagine life without the job title. The only way is to hold on the position. It’s good to prepare for retirement and transition early on the first day you get the job. As much as possible, try to be identified and respected by your WORKS and not your job title…
#mindspark The testimonial. It is great to take a chance on people.
This young man then, Joseph Ddiba, walked into my office and requested for a job. Despite falling below our minimum entry standards at the time, we gave him a job anyway because he spoke to the heart NOT our brains. He said, ‘without this job, I will end up on the streets. I don’t have any way out. Just help me. He continued coming back to the office weekly for a month, and I decided to give him a website project to do. He did it well.” I learned early on that a CEO must prioritize recruitment, and be involved…
