If you want to succeed, you need to change your view. With technology, battles don’t have to be harder. And the earlier you accept that, the better for you. That saying is attributed to Ford Motors Corporation staff in the US in the early days of manufacturing where, after spending a lot of time, carrying steel, and then assembling and painting. They all sat down, and were happy. Looking at what their sweet had created, they were very happy. One of them, as a way of motivating the team for the next car and preparing their mind to it said:…
Succeeding without formal Education
Educated or not, if you can read or write, you have a minimum foundation to earn a living. You have no reason to just sit. The starting point is being a person of high moral standing and trustable. Next is acquiring hands-on or practical skills. People are always looking for house helpers, electricians, drivers, secretaries, car cleaners, people to send for errands or to the market, gate keepers, people to wash clothes, typists (especially for very busy people), Graphic designers, Camera men, sales persons, aides, people to drop and pick kids from school, etc. As long as they know you…
The struggling Crane Bank
One of the financial institutions; Crane Bank you aware of has for the past 10 years won many prestigious awards including African Banker of the Year issued from London. On 21st October 2016, we woke up to the news that Bank of Uganda had taken over management. We are aware that Crane Bank complies with the Financial Institutions Act, has the Board of Directors, External Directors and Annual General Meeting (AGM). We met with Dr Twaha Kigongo Kaawaase to discuss the future of the banking sector. Download Full Magazine: Qn: I understand you sit on the IFAC SMP committee, what…
The humanity trap
Money, religion and sex are also known as the inescapable three – they are hard to avoid. They capture each and every soul. Figure 1: Inescapable three The atheists – folks who do not believe in God or Godly things, always fall hard for money. They say too much love for money makes people disregard God. For, it is a damn tough call, to pursue both and get to the peak of them all. To get one in the desired quantity and quality, you have to sacrifice the other. It is difficult to be too religious with lots of…
How to investigate anonymous tip-offs?
I was recently faced with a strange case to investigate. The complainant remained completely anonymous and posted letters to the CEO of our company, local police and Chief Minister of the state. The complaint was against one of the employees of our company regarding social misconduct. How should one investigate these kind of cases where in the complainant cannot be traced but the allegations made are alarming. Regards, Mehul (from ACFE.com forum). Response by Mustapha B. Mugisa Any investigator has had to content with such kind of challenges. Tips from anonymous people are a challenge. You invest company resources only…
What are your strategic perspectives?
One of the first steps in strategy formulation is to understand your strategic perspective: what does winning look like in your kind of business or industry. To answer this question, you must identify top players in your sector, or the key technology innovators and any other drivers of growth in your kind of business. Such analysis helps give perspective to where your business is against the top players, it also challenges your strategic team to think about the bigger picture. During my strategic sessions with clients, I pose the following question; “Where do you see your organization in the next…
