Thursday, September 22, 2011

First-in, First-out


This is often referred to as FIFO, a method of processing and retrieving inventory which connotes that the oldest inventory items are recorded as sold first. In reality, it is not necessarily mean that the exact oldest physical object has been tracked and sold. A times, customers dictate what goes out first by their preference for the best and newest.

The import of the above is to liken this phenomenon to human beings who come and go in the procession of their evolution into this planet. But most of the times, last-in goes first. This is misery!

Wednesday, August 31, 2011

Money Matters

Money never made a man happy yet, nor will it. The more a man has, the more he wants. Instead of filling a vacuum, it makes one – Benjamin Franklin. This is an affirmation of the fact that we human beings are nothing but Oliver Twist. Everyday we yearn for more.

Wednesday, August 24, 2011

Ethics, Morals & Values

It is a daunting task to accentuate the differences between values, morals and ethics? This is because they all portends behavioral rules that guide individuals or organisations. As a matter of fact, differentiating Ethics, Morals and Values may seem like splitting hairs, but the differences can be important when persuading others.

Ethics
Ethics exist in all facets of life. It is commonly used in the professional settings than the other two. In other words, there is often professional ethics, codes and rules. Ethics seems to be much accommodated in the formal system where a group of people adopt sets of rules as their ethics. For instance, we have code of ethics for professional accountants. According to Changing Minds.com, ethics are thus internally defined and adopted, whilst morals tend to be externally imposed on other people.

Values
According to the Encarta dictionary value is defined as the accepted principles or standards of a person or a group. They are beliefs of a person or social group in which they have an strong emotional attachment. Values are the rules by which we make decisions about right and wrong, should and shouldn't, good and bad.

Morals
Moral is a derivation of conscience. It suggests what is right or wrong and how people should behave. Morals have a greater social element to values and tend to have a very broad acceptance. Morals are far more about good and bad. In other words, they are judgmental. People are judged on moral and behavioral grounds than values.

When dealing with other people, we need to uphold these three phenomena as they all play major role in human interaction. The onus is on you to understand the ethics, values and morals of other people so that we can always experience peaceful co-existence among one another as God's own creature.

Tuesday, July 26, 2011

Peoples Bank vs Islamic Bank

General Ibrahim Badamosi Babangida's regime in its "wisdom" introduced People's Bank in the 80s. But the institution died a natural death without fulfilling its mission of alleviating poverty with emergence of Nigerian Agricultural Cooperative and Rural Development Bank Limited (NARCDB) which came into being following the merger of the defunct Nigerian Agricultural and Cooperative Bank (NACB), People's Bank of Nigeria (PBN), and the risk assets of the Family Economic Advancement Program (FEAP).

Prominent among its objectives is "purveyance of affordable credit facilities to the less priviledged segments of the Nigerian society who cannot readily access the services of other conventional banks.

Abruptly, this organisation is 100% owned by the Federal Government of Nigeria (FGN). Today the same FGN who has failed to achieve the above-mentioned is proposing another model of banking i.e non-interest banking on the premise that the less priviledged will be the main benefactors. The golden questions are:

1. Has the less priviledged ever got anything tangible from the government asides motorcycles and tri-cycles?
2. Can a non-interest banking model work in capitalist-driven and corruption-ridden nation like Nigeria?
3. People Bank vs Islamic Bank: which model do you think will serve Nigerian economy better?

Wednesday, July 6, 2011

Making High Impacts

Being good is commendable, but only when it is combined with doing good is it useful. To God be the glory, I moved into a new environment where my credentials are neither known nor felt. All because I am new in the pack. Without any reservation, I am doing what I love to do best. Making impacts as usual. But in this case I am anxious to make big impacts within a short period of time. I want to register my name in the success history of Rainoil Limited as fast as possible. It's doable, my inner spirit says. Come to think of it! Am I not too anxious? Huh...I wish to learn and stand on my foot in a wink of eye.

I think I will go with Mahatma Ghandi who said and I quote "my life is my message." Let my past and present deeds speak for me.

Sunday, June 26, 2011

Intuition and Leadership


Intuition is an impression that something might be the case. It is a powerful word that represent the knowledge, understanding and notion we activate and exhibit in handling issues of life. Expressly, leadership intuition often separates the greatest leaders from merely good ones. Some people are born with great leadership intuition; others have to work hard to develop and hone it. It is worthy of note that both whether natural or developed exhibit intuitive knowledge and skills.

It however evolves, the results is a combination of natural ability and learned skilled. This informed intuition makes crucial issues jump out at the leader, enabling him or her to handle them and work with them to accomplish leadership goals.

Based on my research work, every successful leader sees every situation in terms of available resources: money, raw materials, technology and most important, people. Intuitive leaders can sense what is happening among their people and almost instantly knows their hopes, fears and concerns. Leaders also have the ability to step back from what is happening and see not only where they and their subjects have gone, but also where they are headed as if they can smell change in the wing. That's intuition!

Everyone has some kind of intuition especially in his or her area of natural giftedness, If your gift is charity, then you can sense when someone needs help and comfort and you know how to give it. If service is your gift, you instinctively know when and how to help those in need (for a reasonable fee). And if you are naturally gifted at leadership, then you see everything with a leadership bias.

Lessons
1. An intuition leader can quickly size up a situation
2. An intuition leader sees what has happened
3. Intuition leaders know how to resource their vision
4. Skill with people is perhaps the greatest ability of an intuition leader.
5. An intuition leader reads himself. He understands his strengths, his weaknesses and his individual calling.
Intuition, whether natural or developed intentionally, helps a good leader to become a great leader.

Wednesday, June 15, 2011

When you believe...

When you believe, things will happen. You will go places. Success comes as a result of our inherent beliefs. I am a living testimony to the fact that God does answer prayers when one exercises faith fervently.

The Market of Hope

Oxford dictionary defined hope as a feeling of expectation and desire for a particular thing to happen. Another version called archaic put i...