Are you too good to be great? When you adopt a winning mind focus (WMF) you spark your mind and improve your odds of success. No car inhales its exhaust and goes far. You need fresh air. You need an independent person to look into your plans and challenge you to not just do better but win. Today I received very good news. One of the executives in my Executive Support Program (ESP) just got a letter of offer for a CEO role in one of the most dynamic markets in the region: Kenya. It’s good to help folks succeed.…

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…

“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…

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…

Ask any competent consultant their first step in any project implementation, the answer is to understand the context. The more you know about the prospect or client, the better the advice you are likely to give as you can customize it to meet the unique circumstances. It is not about the consultant’s content – the tools, systems, data, or information – a consultant brings to the client. That is an internal focus. It is about the consultant’s awareness of the client which delivers magic. Whoever knows a lot more about their clients has an edge in adding value to them.…

Risk appetite articulation: do not bite what you cannot swallow You have probably heard about the common advice “do not bite what you cannot swallow.” It does not matter how greedy you are, be a brilliant greedy person. Do not bit what cannot go down your throat. It may chock and kill you. If you are an enthusiastic investor in stock markets, seasoned stockbrokers will advise you to only “invest the money you can afford to lose.” Avoid borrowing to invest in the stock market because share prices could up or down. Because investing in companies listed on the stock…