What business are you really in?  If you are in the education sector, what business are you really in? If you are an NGO, what business are you really in? When it comes to strategy formulation, the focus is not on input. It is on your business output. For example, if you have a college that provides secondary school training, your inputs are; Quality teaching facilities like classroom, teaching aid, playing areas, sports complexes, curriculum etc.; Quality human resource in terms of teachers and administration staff; Other amenities like great location and buildings, classrooms, dormitory among others; Unfortunately, your focus…

We now live in a highly litigious society. No leader can afford to delegate their obligations in the contracts they sign. If you are one of the signatories, you must have the time to read all the details. You are your best lawyer! The case of the major telecom company that woke up in the red by over US$ 1.671 billion shareholder value loss is a proof that compliance risks must dominate Board room Agenda. Indeed, the primary role of the Board of Directors is going concern (strategy); and oversight (risk management and compliance). Cash to your business is like…