All posts by Mwangi Wanjumbi
The Writer is a Passionate Corporate Trainer/Consultant in strategy, change management and leadership development. He also provides unique SME Growth Solutions, whose expertise is tied to amongst others, an international research on SME development that was published in the Business in Africa Journal of July 2007. He was also a monthly strategy columnist for 5 years in the Monthly SME Today Magazine. He is also the author of the KICD approved Career Dynamics in the 21st Century, that was used for alignment of the new (Kenyan) Education Curriculum - CBC. He also authored the 2018 Living Beyond Survival; No More Tiptoeing in Life twitter:@mwanjumbiTo Get More We May Need To Avoid Enslavement to Money
While internalizing lessons from the tough, but very interesting subject of philosophy, a requirement of international business studies; I came across one famous European philosopher. He is credited with influencing the view about Africans, but rather despicably. Lucien Levvy-Bruhil never impressed me initially. This philosopher intimated that Africans are illogical thinkers; they believe in occult and magic. Really? If we can for now put the occult and magic aside, how would we view the illogical thinking aspect? Personally, I am no longer at war with
Read MoreTransformed Organizational Thinking
Have you recently come across organizations involved in the process of re-branding? If not, this is a common practice not only with SMEs, but also corporate entities. Most often, the organizations spruce up their products, logos and their premises. They redesign as well as re-arrange the furniture and such other niceties. Occasionally, they acquire entirely new premises. Others will re-engineer the business processes too. And to complete the makeover, some organizations will acquire uniforms or badges for their staff. The final stage may involve acquiring
Read MoreGraciously Parting With Internal Turned External Brand Ambassadors
Are you due for retirement from your employment situation, any time within the next 5 years or so? If so, follow this script very carefully. If not, remember that retirement will still come one day upende usipende (whether you like it or not). Thus, your preparedness on this needs to be of great concern. This is so because many people dread the commencement of this stage of their lives. Don’t they? That is why some end up requesting for extension of employment contracts based on
Read MoreModern Strategic Moves Can Fast-Track or Re-invent Business Growth Cycles
If you ask any sales professional, he/she will indicate that price is the main challenge to meeting desired sales levels. In fact, many of them recommend price reduction as an attempt to increase sales. But, one American company conducted a survey sometime ago, aiming to verify the assertions of the sales team. Interestingly, 94 % of the buyers of the company products were influenced by other factors that were unrelated to the price. Nonetheless, one of the most popular business growth strategies is the low
Read MoreHow Team Culture Determines The Source of CEO Candidates
Whether to recruit from outside or within will always depend on the existing organizational culture. It’s all about considering whether recruiting from within, will fast–track desired change and progress, or will reinforce cultures that are best transformed. These considerations definitely apply to not only organizational, but also national circumstances. Some recent observations could perhaps shed much needed light, on this issue that presents constant dilemmas. Deliberations with an interesting chief executive officer, led to the need for culture change and more importantly, re-branding the organization
Read MoreControlled Lending Rates – Not Business As Usual
Ask most people and you will learn that they are in the business of making money. Bankers know this only too well. But henceforth other motives of doing business may need to be explored. The government has effective July 2014, set a benchmark rate, against which loans must be pegged by the 43 banks in the country. This rate branded as Kenya Banks Reference Rate (KBRR) and set at 9.13 percent, will be the pricing basis for all commercial loans. The rate which is reviewable
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