Daughter: “Dad, when I grow old I will buy for you a dishwasher. You make me wash dishes but it is child torture. Others eat, and I wash. The plates are many.” Me: Where did you learn about this? Daughter: I read it on the Internet. You said we research what we want to know. Me: Learning skills is not torturing. It’s intelligence. And why not make a dishwasher. Why buy one? Daughter: I will be an accountant and a shop owner. This is 10 years old. This is a 4IR for real. I think it is better to expose…
The concept of personal risk-taking
“You cannot fail to sleep because some people die in their sleep.” That is one of the opening lines I use when engaging with executives and board members about effective risk management. “Exercise. Eat well. Drink water. Do not be stressed about the things you cannot control and do regular health check-ups.” That is effective risk management. The rest leave to God. Risk – the effect of uncertainty on objectives – is present in everyday activities. Whether it is going to bed or for a run, or driving to work, or typing on your phone, you take some degree of…
The best of WhatsApp: A tribute to Archbishop Janani Luwum by Prof. Ezra Suruma.
In the year that Archibishop Janani Luwum died, I was living in self-imposed exile in Florida, USA, working as an Associate Professor of Economics at Florida A&M University. As part of my duties there, I obtained a research grant to study the sources of mining equipment in Zaire (now DRC). I went to Kinshasa and then to Mbuji Mayi, the main source of industrial diamonds. It was incredibly backwards then compared to Uganda and afterwards while in Kinshasa I spent some days in bed suffering from Malaria. I then proceeded to Nairobi hoping to get some news of Uganda before…
The race to rule the world
Who’s running the World? Biden, Putin, and Xi were arguing on who’s in charge of the world? US, Russia, or China? Without any conclusion, they turned to “Narendra Modi”, the Indian Prime Minister, and asked him who’s in charge of the world? Modi replied: *All I know is*: Google CEO is an Indian. Microsoft CEO is an Indian. Adobe CEO is an Indian. Net App CEO is an Indian. MasterCard CEO is an Indian. DBS CEO is an Indian. Novartis CEO is an Indian Diageo CEO is an Indian. SanDisk CEO is an Indian. Harman CEO is an Indian. Micron…
The tough village life
10th January 2021. The village used to be a place where you went to relax, be carefree with your personal property like cash. Not any more. Fraudsters have taken over. A man found me at home and asked for a job to clean my compound. I said, great. How much? He asked for Ugx. 10,000. Many village folks usually ask for free cash. This one was exceptional. He wanted work to earn the money. I decided to give him the deal even when I had planned to clean it myself. But first, he wanted to buy a panga to do…
summitRISK Enterprise Risk Management Practical Class based on ISO 31000:2018
What is the relationship between risk management and innovation? Is your risk management agenda adding value to your enterprise or it is a cost driver? Are your staff embracing risk management or they see it as a distraction? Are your regulators happy with your risk maturity? We have all answers for you. Enroll on our executive risk management practical class. Or call us to customize the training to your needs. This full-day training course delivers practical information on managing risk within your organization’s regulatory and governance frameworks. You will get practical skills to apply immediately to improve your governance and…
