If your organization is like many others we encounter, the belief that “Fraud can’t happen here” is commonplace. Despite this belief, the media is awash with notices and pictures of former employees who are wanted by Police for theft of this, that, and the other. Other times, the notices and pictures are about individuals who ceased being employees of companies for reasons that are not disclosed! Fraud is on the rise, and more so, digital and cyber fraud. As reported in our project frontline report, in 2019, Summit Consulting handled cyber cases worth Ugx. 171,142,500,000 (US $46,888,356) with an average…
It all starts and ends with attitude and integrity
Attitude is how you react to what happens to you or what others do to you. A positive attitude helps you look at happenings to you or actions against you as a glass half full. A bad attitude will make you ask so many questions including why me? Why do people hate me? Why does the world always conspire against me? I love to tell the story of my rejection to sit for a Bailing Clerk Interview at BAT Uganda sometime in 1999. I was in senior six vacations and that job was my hope to progress to University. Throughout…
Growth is not glamourous
You cannot find road bumps, tight corners, or steep slopes if you do not go on a road trip. If you do not want to experience turbulence, you do not fly. If you do not fly, chances of tapping into a new culture, visiting new places, gaining fresh perspectives about new people, places, and food, will not be possible. Growth comes with discomfort. If you do not get out of your house, you may not get to know all the opportunities available. If you want to grow, get out of your comfort zone. “Get out of your house” is a…
Staying calm, amid tough times
Leadership is tested during tough times. It is easy to lead during days and years of plenty. But few people can lead during difficult times. Since February 2020, the world has been besieged by a deadly Coronavirus pandemic. The initial response was to curtail movements and enforce lockdown. But many people started dying in their homes from diseases like poverty, loneliness, financial stress, and general hopelessness. The lockdown had to be lifted. For many businesses, times are tough. Revenues continue to decline steeply, as customers churn or lack purchasing power. Costs of operations are increasing, as compliance costs raise. The…
11 principles you should understand about politics before you stress yourself over 2021 elections …
Nobody has your interests at heart. Everybody is chasing their own interests. Dealing with politicians is like sleeping with tigers; you must always have your eyes wide open. In any political equation, there’s always someone being used. If you can’t find one then it is you. Serving politicians is like being a bandage on a wound. Once the wound is healed, your usefulness ends. Politicians don’t recognise and reward value, they recognise their own needs and you are only as useful as the lifespan of their need for you. In politics never mourn or wail more than the bereaved. They…
Top insights you need to excel: 1 on 1 with Richard Phillip Sendawula
Godfrey Ssenyonjo met with Richard Phillip Sendawula of aBi Finance about his life’s journey. Richard advises that “old skills can no longer be relied upon for future business needs.” He is right. In these dynamic times characterized by a never ending pandemic, you must be agile and dynamic to win. Below are the excerpts. Qn. Briefly, who is Richard Phillip Sendawula? Ans. I am a Fellow of the Association of Chartered Accountants of the UK. I am also a member of CPA Uganda. I possess a Master of Business Administration from Uganda Martyrs University and a Bachelor of Science Degree…
