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What should startups reasonably expect from their board members?

What should startups reasonably expect from their board members?

Good boards provide insights that management do not know. If the board is well composed, it provides: 1) Strategic insights and guidance on...

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Life’s work with Jim

Life’s work with Jim

Jim Drani Drileba is the Manager of Risk Advisory Services (RAS) with BDO East Africa, a specialistaudit and consultancy firm. Jim also...

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Can a CEO be the director of a company?

Can a CEO be the director of a company?

Yes. Another name for CEO is Managing Director or Executive Director or President. In the UK, the organization’s top honcho is referred to...

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Life’s work: 1:1 with Peter Kirimunda

Life’s work: 1:1 with Peter Kirimunda

He is currently a farmer and consultant. A seasoned Auditor who trained in the United Kingdom. A former Director of Internal Audit at...

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Legal innovation

Legal innovation

If you are a lawyer in the private legal practice, google this term: "trademarkia". You will learn it is a website that offers free web...

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Are you winning?

Are you winning?

Below is a memo a branch manager of a bank wrote to his team, which I was part of, after an encounter. At the time, we persistently came to...

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Is a chairman higher than a CEO?

Is a chairman higher than a CEO?

Yes, in perceived terms. In real terms, no. The corporate structure is based on a chain of command from lower management levels to most...

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Is cybersecurity advice valuable to a board of directors?

Is cybersecurity advice valuable to a board of directors?

Of course, it is. I recently delivered a talk to the Board of Directors of a major, not for profit organization in Africa. I was surprised...

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Is your board in existence as a necessary nuisance?

Is your board in existence as a necessary nuisance?

Once I was asked by an SME owner to help set up a board of directors. When I asked why the board was needed at the time, his answer was...

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Is your board effective?

Is your board effective?

No board is 100% effective. But the imperfection varies. On a scale of 1 (ineffective) to 10 (effective), what is the degree of your board...

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The tragedy of parenting

The tragedy of parenting

What is the predictor of success in life? Is it nurture or nature? I learned a lot from my late grandpa, who I lived with a big part of my...

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Can the CEO fire board members?

Can the CEO fire board members?

Short answer In many US companies, the CEO is also the Board Chairman. The person who signs on the appointment of board members is the...

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Tool 73 of 104 is to be determined and reliable

Tool 73 of 104 is to be determined and reliable

“Seeing Jesus coming towards him, John said, ‘Look, there is the lamb of God that takes away the sin of the world. This is the one I spoke...

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The encounter —a short story

The encounter —a short story

I am walking around the city, sort of undecided which street to take, and this Ghanaian man appears suddenly? “Want to buy something...

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Rain in the desert

Rain in the desert

A major experience is bringing results to the desert. Rain. Lots of rain. The gulf countries have done what is called cloud seeding —where...

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Life in the city. How a Nigerian driver makes more money from African tourists

Life in the city. How a Nigerian driver makes more money from African tourists

I enter into a random taxi. A driver is a black man. I go into a conversation mode. Me: Where are you from? Driver: Africa? Me: Which...

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#Mindspark 10: What capabilities do you need to win?

#Mindspark 10: What capabilities do you need to win?

If you want to operate a bank, you must have the capability of raising the minimum regulatory capital requirements as well as other...

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Agility. Are you agile and fast?

Agility. Are you agile and fast?

Life is face-paced. Are you? You have seen people who take life so slow as if they will live for 120 years? They say things like, even if...

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Musings

Musings

I just read on a huge poster, “your work and reputation proceeds you.” As I turned my eyes away from the poster, I looked at a fat man....

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#Mindspark 9: What is your ambition?

#Mindspark 9: What is your ambition?

When I was in primary, my ambition was to obtain admission to TECO, a German established technical school in Munteme aimed at transforming...

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What is your emergence? Secrets to success

What is your emergence? Secrets to success

What is motivating you this year? What must you accomplish quickly? What is keeping you up at night? Imagine the anticipation you get when...

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#Mindspark Don’t be rigid. The changes you need in your life…

#Mindspark Don’t be rigid. The changes you need in your life…

On her first visit to my house, my then fiancé, now wife, changed my perspectives instantly. She changed the position of the tv, pointing...

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#Mindspark 8: How will you win?

#Mindspark 8: How will you win?

Now that you have specified your playing field, the next question is how do you win the game? Business is a tough game. Many of the...

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What is the duty of care?

What is the duty of care?

Director or any person in a position of responsibility commits a sin of lack of duty of due care when they fail to demonstrate the...

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