The culture of agility and staying ahead

The culture of agility and staying ahead

Companies that empower their workforce – by helping them plan for the unknown, mitigate risk and thrive at work – will be more successful in building a responsive and successful organisation.

By STACY BRONSTEIN

As competition for talent continues to rise and business models are disrupted by technology and socio-demographic shifts, organisations are still taking an evolutionary approach to their talent strategies in the face of revolutionary changes. According to Mercer’s 2017 Global Talent Trends Study, nearly all organisations globally (93 per cent) report they are planning to redesign their structure in the next two years.

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The dilemma of managing four generations in the workplace

The dilemma of managing four generations in the workplace

By TABITHA AREBA

For productivity to be alive and well in any organisation, there are some key factors that employers need to focus on.

There is a new problem at the workplace and it has nothing to do with salary increment, flexible working hours or downsizing. For the first time in the corporate world, four generations are working together and they seem to have fundamental differences in the way they look at things. We have the Baby Boomers, Generation X, Generation Y and Generation Z. With this reality, there is a huge dilemma on how businesses can ensure optimal productivity. The 2016 KIM Corporate Breakfast brought together HR experts to look into this dilemma and how to get it right. In Kenya for example, 75 per cent of the population is below the age of 35 years, meaning that policies and processes in most organisations suit only 25 per cent of the population.

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Success is not by chance

Success is not by chance

By David Muturi

I love plans, and firmly believe that regardless of what you choose to do in life, the starting point is managing yourself. To do this effectively, you need a personal plan. Such a plan hinges on the basics of what you seek in life. Once you know what you want, you must define the limits that you would like to stretch yourself to in order to realize your dreams.

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Farming for the future

Farming for the future

For there to be advancement in farming, African farmers will have to embrace technology which will improve efficiencies.

By FRANCOIS VAN DYK

In a world obsessed with anything from the latest gossip on the Kardashians right through to Pokemon Go, it is very easy to forget the basics of human needs. Bread, vegetables, meat, sugar, milk, in fact whatever suits our taste, is something we get from the corner shop. We complain when prices rise, the kids refuse to eat their broccoli, we enjoy a nice steak now and again but it has become something we take for granted.

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Interest rate capping: Will it work in Kenya?

Interest rate capping: Will it work in Kenya?

Once the law comes into force, interest rates will drop to a maximum of 14.5 per cent given the CBR’s current standing at 10.5 per cent.

By MICHAEL WACHIRA

Kenya has 42 commercial banks, but the six largest ones popularly known as Tier One control 52.4 per cent of the entire industry. This leads to only a few banks controlling the market, just like any other economy across the globe. Banks act as middlemen through whom we deposit monies and get advances and loans. They make money from the differences between the rate which they pay the depositors and the one they charge the borrower. This difference is called the interest rate spread.

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The missing link to delighting your customers

The missing link to delighting your customers

VoC program can build closer connections with customers by giving them what they need, how they need it.

By ANGELA RARIEYA

 Be bold! Be brave! Be heard in the boardroom this year! Might a Voice of the Customer (VoC) program be the missing link to making delightful experiences for your customers a reality in your business?

Simply put, VoC refers to feedback customers give a business with regard to their experiences with the company’s products and/or services. This becomes invaluable data for businesses in helping them bridge the gap between customer expectations and actual experiences with their brands.

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Password pitfalls to avoid

Password pitfalls to avoid

Organisations’ IT departments should ensure users use authorised devices to access company systems.

By MERCY NJUE

Company information systems contain confidential information that could include trade secrets, financial information, employee information, forecasts and competitive analysis within the industry. The bigger the organisation, the higher the security risk. Large organisations contain information stored in multiple databases for the respective units, departments and branches. Information is processed, accessed and stored at different levels of the organisation and at different departments. Each system has a password and rights allocation matrixes, that is, individually assigned with read and/or write rights.

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Africa gets better for investors

Africa gets better for investors

Increased linkages between African countries is one of the key trends to watch in 2016.

By GEORGE OTIENO

As 2016 begins to unfold, it is an opportune moment to look back and reflect on gains made and challenges faced in 2015. The key question is – what drove business in 2015? The answer is based on the specific sector, but setting aside this detail, there were general trends that broadly impacted on trade and investments in Kenya. I will focus on trends in governance, infrastructure and security as these underpin both trade and investment growth in any country as well as on public and private sector trends and observations.

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How to transform insurance through big data

How to transform insurance through big data

Trends can be identified through various data sources such as medical history, lifestyle choices, demographics and even driving habits to ensure a correct pricing structure.

By FRANCOIS VAN DYK

Every now and then, a new buzzword pops up which remains fashionable for a while but then disappears again. “Big data” does not appear to be one of these terms. Many executives, entrepreneurs and marketers have now adopted it as part of their jargon – but the reality is many use the term without knowing the true meaning of it. Wikipedia defines big data as a “broad term for data sets so large or complex that traditional data processing applications are inadequate.”

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There is need to protect your intellectual property

There is need to protect your intellectual property

IP can be immensely valuable to its owners and the economy at large if well protected and harnessed.

By COSMAS MOTANGI

Early 2015, Weetabix Limited published a notice in the media telling all dealers to sell their stocks of Multibix biscuits by May 30, 2015 or risk being jailed.

“This is to notify all members of the public that by a settlement between Weetabix Limited and Manji Food Industries Limited, it has been agreed that any person found stocking or promoting the biscuit product Multibix shall be liable for contempt of court,” the notice read in part.

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