What is innovation? How is it different from creativity? It is very easy for people to talk about being innovative and creative yet they don’t have an idea of what these two things mean. I like to refer to the story of creation in the book of Genesis in the Bible. In the context of the Bible, once there was nothing and God created something for the first time. To create or to be creative is to come up with something new that never existed. A mobile phone already exists, you can’t talk about creating a phone. What you might…
How to add value instantly
How do you add value instantly in any business you are operating in? The best way to add value is to identify the unoccupied space and occupy it. When I was looking for a job at one of the audit firms, I didn’t wait when the jobs were being advertised in the papers because sometimes they are not advertised. But also, I have come to understand that when organizations need people, they rarely advertise. For the clients I have handled ranging from telecoms, authorities, banks, and NGOs tell me they are just waiting for a brilliant person who can come…
What is your brand in the organization?
I know people have told you about developing a personal brand.You have gotten so many ideas. In this case, I want you to build an internal brand that sets you apart, be a source of attraction in your organization. I don’t know whether you know about a queen bee. The bees can fly anyway but will always come back to the queen bee. How do you position yourself to be a magnet and center of attraction so that people feel your presence? To have this kind of recognition, it takes you to have a clear game plan on how you…
Who are your stakeholders?
In your life, whom do you consider as your stakeholder? Theoretically, a stakeholder is a person who has interest and influence in things which you do. If you have a brother, sister, father, mother or a friend, as long as they have interest in your success or failure, they are your stakeholders. They only not have an interest but also can significantly influence the type of career you do, which company do you work for and not, when to marry and from which to marry, when to shift from your current place and which house to reallocate to? Etc. If…
How to become an influencer quickly
How do you quickly become a strong team player in any environment? Assuming you are a new employee, how do you quickly become a known intellectual? The first thing is get everybody in the room. Ask them to write down what they think are the most pressing issues in the business now. Champion the cause and be the facilitator of the process so that members come up with the solutions. If you do so, you are effectively identifying the organizational pains and helping to fix them. Most of the time, challenges fall within low sales, high costs, poor reporting mechanism…
Bank security insights
For the starters if you look at the situation in banks, it is really very bad. A typical bank invests a lot of money into a strong room. The bank commits almost US$3billion to secure just US$1billion cash money; by building a hardened strong room to store bulk cash. Insurance companies will usually restrict a bank to keep too much money in the strong room. The insurance company will dictate on the amount they can cover. Anything beyond that will bad for the bank. Typically, a given bank has over Ugx2billionin safe. When banksset up the strong room, they will…
