The number one reason many banks do not publish total expenses related to staff is to hide their staff inefficiency. A company with total revenue of say US $1,000,000 and total staff costs of US $300,000, can efficiently compute productivity as a ratio of staff costs to income. In this case, the total staff costs associated with staffing – basic salaries, bonus, allowances, benefits, and all costs incidental to staffing represent the input. In this case, you have an average staff productivity rate of about 30%. In reality, some staff are more productive than others. As a leader, you need…
Opportunities knock several times
The general belief in Uganda is that opportunities knock several times, and therefore no need to worry or hurry. You can always find and grab the opportunity! This belief manifests daily. You see young people screwing up chances and taking life so lightly oblivious of the many other people looking at their opportunities. I work with many chief executives of big and small businesses. The common complaint is the generally poor quality of staff in terms of work ethics and lousy attitude, leading to low productivity. Once someone gets a job, they relax and expect free lunch. You will see…
How a right attitude opens doors for you
Do you sometimes feel stuck and confused? You are not alone. In late 1998, I had just completed Senior Six. I looked for a job and failed to get one. That is when I heard about the British American Tobacco (BAT) recruitments for bailing clerks and casual workers. At the time, BAT’s business model was supporting tobacco out-growers farmers and guaranteeing the market. BAT had established several offices across the country as Tobacco buying and processing centres. All these offices were centrally controlled at the head office in Kampala, then located next to the Immigrations offices, opposite the Meat Packers,…
I’ve sweated for my livelihood, but my crime is where I was born from
I lost my father when I had just cloaked 12 years young. Coming from a polygamous family, I spent the next two years in court due to fights over the little estate of the deceased. Almost everything was lost to conflict, hatred, witchcraft and selling property at night. We went back to zero. I immediately started to fend for myself, feeling the heat of lack, shortage and inadequacy of everything. I know what it means to lack fees every term, not having scholastic materials every term, and walking for 16kms every day going to and from school. I know what…
Best from WhatsApp: Personal Declaration
Dear all, I want to make it categorically clear to all candidates aspiring for political candidature that I am handicapped and therefore will not be in a position to support any regardless. I am overwhelmed by requests to support hence all sundries please take note to avoid disappointments & dejections on this occasion. All the best in your upcoming endeavours. Note: I received this article on my WhatsApp mobile as a forward. I do not write it. And I don’t know the original author/s. The article will teach you a lesson, and that is why I am sharing it. If…
How Hot is Your Love Life? Take a love test NOW…
Spend a few minutes and assess how to make your relationships magnetic, using the relationship accelerator test. Before you take the test, read some context and how we dis Ssenga training to some MTN Uganda staff, the results of the experience. I am called Mustapha B Mugisa fondly known as Mr Strategy. I help leaders transform their businesses through facilitating strategy formulation and supporting execution. During the strategy implementation, I work as an accountability partner to the chief executive officer, the EXCO and the respective managers and staff to ensure that each has the clarity of the company’s strategic choice,…