In brief: The board of directors a team of people appointed to provide leadership of the company and is led by a Chairman. A statutory board is an entity formed by an act of parliament to provide a specific function. For example, the National Health Services of the United Kingdom could as well be referred to as a Statutory Board — for health services. In detail: As the name suggests, a statutory board is one that is formed by an act of Parliament of any given country with a clearly defined mandate or purpose, powers, rights, and obligations. Such boards…
The attack is the best form of defence
If you want to win the war, do not go into defensive mode. Go into attack mode. I come from Hoima. While growing up, we had several stories of night dancers, thieves, and kidnappers. If you were walking alone at night, and see an approaching car, you hid in the bush to let the car pass. It was rare to see a car at night, and when you saw one, it meant danger. To us (back then), people with cars only moved during the day. Everyone wanted to be seen in a car. It was rare to see one! So,…
Happy Heroes Day to all Ugandans
As Napoleon observed, “The army marches on its stomach”, everyone today matches on their stomach. Whoever feeds the stomach easily becomes one’s hero. But it should not be like that. We should define our heroes as those folks who do greater good for the greater majority. And today we celebrate just that. The people who sacrificed their good lives for the better of our country. These are the true heroes. And all those people who wake up early to go to hospitals to attend and make our country coronavirus free and safe, those folks who clean our streets. The…
How positive energy and confidence gives opportunities to win
One of the reasons one young lady made a lasting impact on me at our very first meeting is her confidence and a glass full of motivation she was willing to share. We meet so many people, but few encourage us to become better. At the time I was teaching ACCA financial reporting paper at Makerere University Business School. I did not know that she was one of the students in my class. Two days later, I went to the MUBS professional courses department. At the time, there was a man called Richard. He had a great smile. I entered…
The best of WhatsApp: SEVEN THINGS YOU CAN NEVER CHANGE TILL YOU CHANGE
1. You can never change the way people treat you until you change the way you treat people. Matthew 7:12 (NIV) So in everything, do to others what you would have them do to you, for this sums up the Law and the Prophets. 2. You can not change your character until you change your friends. 1 Corinthians 15:33 (NIV) Do not be misled: “Bad company corrupts good character.” 3. You can not change what you harvest until you change what you sow. Galatians 6:7 (NIV) Do not be deceived: God cannot be mocked. A man reaps what he sows.…
Why do change initiatives fail and what to do about it?
The coronavirus pandemic has changed our strategies and plans forever. Life has been disrupted. So have our business models and strategic imperatives to win. But how do you lead change during times like these? Download the Free Template Here Regardless of your business, Table 1 is a simple template to help you record change initiatives. Just copy and paste in Microsoft Office word document and create a clear record and details of planned changes being experienced in your organization. It does not matter the size of the company or organization you lead, what matters is having some form of change…
