If risk management is to ever take centre stage in any boardroom, now is the time! Amid the coronavirus, pandemic risk management is critical to keep organisations afloat. Unfortunately, studies show that lots of SMEs aren’t approaching risk management in the right way. They don’t spend enough time thinking about the approaches to use to protect their organisations against risks, both now and in the future. What should be done? After identifying risks, and assessing their impact and likelihood, there are four ways to managing them. In risk management theory, they are called the 4 Ts. Treat Transfer Terminate and,…
Teaching children with stories: parenting 101
“When I was young, my grandfather told me that if find that you are not at peace, start by looking at yourself. Most of the time, you are the cause of your restlessness. Ask, who are the key people in my life. What do they expect from me? Have I done what they expect from me? What do you expect from those people? Have you told them your expectations? The bottom line is frank communication with the people that mean a lot in your life – your parents, brothers and sisters, relatives, and friends and of course elders. Ask them…
