Stanbic Bank
Stanbic Bank
17.1 C
Kampala
Stanbic Bank
Stanbic Bank
Home Blog Page 1355

Uganda Airlines staff to get fat pay cheques as govt plan re-launch

By
Our Reporter
-
Uganda Airlines is expected to fly in tourists when it resumes operations

Uganda Airlines staff will be one of the best paid in the country when the airline whose aircraft are yet to arrive in the country, starts operations that were halted over a decade ago due to liabilities it was incurring then .

According to leaked documents, the Chief Executive Officer expects (CEO) expects to earn a monthly salary of Shs 60 million. The money excludes other allowances and benefits. Ephraim Kalyebara Bagenda is the current acting CEO.

The documents indicate the chief finance officer will earn Shs50 million while the chief pilot will pocket Shs 42 million monthly. Flight captains will get Shs 38 million while the cabin crew including air hostesses will be paid Shs 3 million.

Government da is preparing set to re-launch the airline this year, with the Ministry of Works asking Parliament to quickly approve Shs283 billion which is the balance for the two A330 Neo- Airbuses.

Ntege Azuba, the minister for Works told the Budget Committee of Parliament on Friday that failure to clear this balance before the end of March 2019, could attract a penalty.

If the payment of the balance is done, Azuba said the two Airbuses will be delivered at Entebbe International Airport on the 8th of April this year.

Following the recent air crash in Ethiopia, the legislators tasked the ministries to present the CV’s of the pilots and captains that intend to fly the Uganda Airlines.

Stories Continues after ad

Are cash handouts to youths in Uganda sustainable?

By
Guest Writer
-
Mr. Sserunjogi

By Brian Sserunjogi

Over the last decade, Uganda has undergone a significant demographic structure transition. Approximately 78 per cent of the country’s population is below the age of thirty while youth aged 18 to 30 years now contribute about 23 per cent (close to eight million) of the total population. In the same light, the country’s urban population increased three-fold from 2.9 million in 2002 to 7.4 million people in 2014.

The explosive urban population has emanated out of rural-urban migration, gazetting of new urban areas as well as natural population growth. While Uganda has registered a youth population bulge in general and in urban areas in particular, the generation of employment for the surging youth population has not moved in the same direction.

Youth unemployment continues to be a challenge in Uganda. According to Uganda Bureau of Statistics, youth unemployment among 18-30 year olds increased from 12.7 per cent in FY 2012/13 to 13.3 per cent by FY 2016/17. Moreover, urban youth unemployment (9.9 per cent) among youth aged 18-30 years was higher than the national unemployment rate of 9.2 per cent by 2016/17.

Levels of underemployment, vulnerable employment are even higher than the above levels of unemployment since most youth engage in part time work even for a few hours for survival. The pace of creating new employment opportunities has lagged behind labour force growth.

Mindful of the fact that the youth comprise about 64 per cent of the total unemployed persons in the country, government embraced promotion of entrepreneurship financing and self-employment through targeted youth funds. Indeed, the current National Development Plan (NDP) and the National Youth Policy (2011) identifies entrepreneurship as a key strategy towards solving youth unemployment. As such starting with the 2011/12 national budget, government allocated Shs44.5 billion to support youth entrepreneurship promotion programmes.

In 2012/13 budget, an extra Shs3.5 billion was earmarked to support youth self-employment while in FY 2013/14, government significantly boosted youth schemes by allocating Shs265 billion over a five-year period for the Youth Livelihood programme. More recent momentum for the youth employment came in the 2018/19 budget with government committing an extra Shs66 billion for Youth Livelihood programme.

While past government structured interventions are commendable, more recent interventions in the form of ad hoc presidential financial handouts to youth groups across urban centres are likely to be unsustainable and non-transformative. As such this approach is likely to encounter the same challenges that many of its predecessors schemes met. Past evaluation of schemes such as the Uganda Youth Venture Capital Fund’s (UYVCF), Entandikwa, Prosperity for All, Youth Livelihood programme (YLP) etc reveals that these schemes faced a numerous challenges.

Key among the challenges is political influence which interfered with the operations of the scheme; corruption; inadequate implementation preparation at the local governments, poor selection of enterprises to be funded; inadequate operational funds etc; Moreover, the timing of these youth interventions has been ad hoc largely coinciding with the buildup of national general elections. As such most youth groups have viewed these schemes as political gifts exacerbating the risk of misappropriation of availed finances consequently failing the well intentioned programmes.

Besides, youth entrepreneurship schemes in Uganda have not been approached comprehensively. While successful youth schemes involve a mix of financial and non-financial support to achieve lasting impacts, youth interventions in Uganda have solely focused on financial support ignoring other non-financial support services.

A desktop scan through the operation of youth funds across other African counties reveals that Uganda has a lot to learn from other pioneer countries in youth schemes to ensure that its interventions are sustainable and transformative.

For example, the objectives of the Kenya Youth Enterprise Development Fund and Namibia Youth Credit Scheme go beyond enterprise financing to provision of business development support services (mentoring, coaching and incubation). The Umsobomvu Youth Fund in South Africa is a comprehensive program aimed at making the young people employable through vocational training and skills acquisition, enterprise finance and promotion of community service.

In contrast, the Tunisia Youth Fund was developed with the objective of linking unemployed graduates with potential employers. The major activities of the Tunisia Youth Fund are to create a database on available job opportunities and link them to unemployed youths.

I therefore envisage that although provision of adhoc financial assistance to youth groups shall continue in 2019, it is highly unlikely to be transformative. To make them transformative government needs to build strong institutional and monitoring and evaluation frameworks with measurable indicators to monitor performance of youth funds. Moreover, multiple stakeholders in form of Public Private Partnerships (PPPs) need to be brought on board to ensure greater outreach and sustainability.

Lastly, government must continually eliminate the obstacles to self-employment to spur youth entrepreneurship. Challenges like unreliable and costly power, high taxation, corruption, poor road network, inadequate markets etc make it harder for small and medium enterprises to emerge and prosper.

The writer is a research fellow at the Economic Policy Research Centre (EPRC)

Stories Continues after ad

Rugby Cranes team for Hong Kong Sevens named

By
Our Reporter
-

The Uganda Rugby Cranes team to play at the 44th edition of the Hong Kong sevens has today been named, with 12 players summoned.

The Captain of the Sevens team will be Micheal Wokorach, and be deputized by Philip Wokorach.

The 2019 Hong Kong Sevens will begin on Friday, 5th April and end on Sunday, 7th April 2019.

Uganda are in Pool G alongside Chile, Germany and Cook Islands.

The Rugby Cranes will play two games on 5th April against Germany and Chile before taking on Cook Islands the next day at the Hong Kong Stadium.

The tournament is considered the premier tournament on the World Rugby Sevens Series competition. It is currently the seventh tournament on the World Series calendar, and is held annually in Hong Kong on a weekend in late March or early April.

The 2019 Hong Kong Sevens will also include the World Series Qualifier tournament, with the winner of that event gaining core team status for the 2019–20 World Rugby Sevens Series.

Uganda Rugby Cranes Team:

* Pius Ogena
* Desire Ayera
* Michael Wokorach
* Isaac Massa
* Ian Munyani
* Byron Oketayot
* Paul Masendi
* Aron Ofoirwoth
* Adrian Kasito
* Philip Wokorach
* Kisiga Timothy
* Joseph Aredo

Stories Continues after ad

Kin Kariisa, Mbire appointed to Eco bank board

By
Our Reporter
-

The CEO of Next media, Kin Kariisa, has been appointed the Board chairman of Eco Bank Uganda replacing the long serving Henry Lubwama.

Kariisa was tasked to invest more in information and technology innovations for transformation of the banking sector. Businessman Charles Mbire, also MTN Uganda Chairman has been appointed board member.

“I’m very proud of Eco bank and I always love to talk about it, that’s why great people like Henry Lubwama, Charles Mbire and Kin Kariisa accepted to join us,” said Clement Dodoo the Managing Director Eco bank.

Dodoo lauded the outgoing chairman saying everything that he has touched is a legacy because it stands on quality and that’s what Eco bank has received. “I think he has been a perfect example of what one can achieve,” he added.

Eco bank originally come from West Africa and has rolled to Ghana, Côte d’Ivoire, Burkina Faso, Benin then Nigeria, and other 31 African countries and the whole of middle Africa.

The Executive Director Eco bank Uganda, Annette Kihuguru, said Mr Lubwama has played a very constructive role in making Eco bank great amidst great challenges, “we thank him for the progress the bank has achieved. We shall continue to put the knowledge you’ve imparted to good use,” she said.

After very many things that have been talked about me, I feel like abandoning my speech am just say thank you. I feel extremely humbled to be honored,” said Lubwama.

“I have realized that I have been one of the longest board members and it was time for me to go because I have attained and fulfilled my vision. Thank you for appreciating the service we’ve given to this institution,” he said

He said Eco bank wouldn’t be great without customers. “I want them to know that it’s strong and truly a Pan African bank destined to serve your interests.”

Stories Continues after ad

Nawangwe, Kamunyu agree settlement as suspension is lifted

By
Isaiah Mwebaze
-
Dr. Deus-Kamunyu-Muhwezi

Makerere University has agreed to lift the suspension of Dr Deus Kamunyu Muhwezi, the Chairman Makerere University Academic Staff Association (MUASA) after reaching a consent settlement in court on March 13, 2019.

The university suspended Kamunyu for allegedly inciting violence amongst the academic staff. He was suspended by Vice Chancellor Prof. Banarbas Nawangwe.

Kamunyu then said his suspension was very vague, harsh, in bad faith and against all laws of the country. The suspension he said undermines his rights as a citizen to have access to my official home, public buildings and related services.

He would later sue the university and Nawangwe for wrongful and unfair suspension.

In the settlement Kamunyu agreed to submit to the internal disciplinary process commenced by the Appointments Board while the latter also agreed to adhere to the principles of natural justice, fairness and equity.

The settlement further said Kamunyu can sue the university and Nawangwe for defamation in case he is interested.

The settlement was ruled by Justice Lydia Mugambe. Kamunyu was represented by Counsel Felix Ampaire while the university and Nawangwe were represented by Hudson Musoke.

Stories Continues after ad

Amanya Mushega hits at Besigye, tells him to tolerate views of other FDC members

By
Our Reporter
-
Mr Mushega

Aging politician and member of the Forum for Democratic Change (FDC) Amanya Mushega has warned Dr Kizza Besigye for telling lies about him and advised him to listen to the views of other members of the party even as he doesn’t agree to them.

Eagle Online reproduces Mushega’s letter below:

In your interview with one of the local English papers, you insinuated that in my earlier interview with the same paper, l was trying to speak on behalf of President Mugisha Muntu, yet I am not his spokesperson, and that Muntu is competent to speak for himself.
I’m writing this letter to you directly to let you know that l gave my views in my personal capacity. I hold no position in FDC but l have views based on experience in leadership on a fairly long period of reading, observing and in some cases practices.

You stated that in 1999, you approached some of us to leave the Movement and when we failed; you decided to start the work of ‘heavy lifting’ to remove the dictatorship and that you left the Movement for that purpose.
For how long will this ‘heavy lifting be a personal obligation and mission? The fact is that you did not leave the Movement; you just run for the office of the President under the Movement system. There were some members who moved a motion that Mr President be declared a sole candidate in 2000. Some of those movers are now victims of that thinking, some of us openly opposed this move and argued that you were free to stand. We even advised against the efforts to have you arrested and victimised. Your ‘entasiima’.

By the way, to refresh your memory, just 10 years earlier in 1989, you led a team to draft a resolution for a constitutional amendment to extend NRM rule and hence the leadership of President Museveni for an extra five years which was passed.
Then you were the most trusted confidant of the NRM leadership. Only a sole voice, Omulongo Waswa Ziritwawula opposed this move and resigned his seat in Parliament in protest. If you had joined him to fight the nascent ‘dictatorship’, perhaps the course of history of this country would have been different.

We may recall that when the Constitution was being amended to remove term limits, there were many clear voices in and outside Parliament who opposed it and some paid and are still paying a price. Not everyone succumbed to money offers. This was before FDC was formed. And FDC was not founded by a single individual or group. It was a culmination of efforts by several groups and tendencies, to forge a common home for a common effort and purpose.
You may recall my long discussion with you in South Africa in 2004. Many others did visit you. Learn to appreciate that there were other strugglers before you then and there are many others now.
The issues that concern you that I raised in that interview and which l still hold were;
1. You had turned on your word as recorded live on NTV and many other forms of media.
2. That you had not supported your successor Gen. Mugisha Muntu
3. That you had set up parallel structures and centres of power.
I can now add that you don’t easily tolerate different points of view and you don’t genuinely welcome and accommodate those who hold a different point of view. Case in a point, during the Namboole delegates conference in 2010 that elected you for the second term as president, Hon. Wandera Martin was publically announced that he had been appointed unopposed as secretary for labour.

Later on at the first NEC meeting at party headquarters, a meeting you chaired, it was raised that actually there were other people who had been nominated but papers not presented. To cut the long story short, Wandera was dropped and replaced by another person. The real reason, he had supported Muntu. Wandera is alive.
My brother Besigye, you are free to change your mind and you are entitled to run again, but if you do so, say so and why, rather than attacking people who raise that issue as you did in the interview referred to above. You actually state in the same interview that you stood because of the trust voters have in you that is not transferable to another candidate of the same party.

You also pointed that there was a deficit in that trust in your absence and that there was insufficient resolve by leaders in your absence to fight for reforms. Did you really think through this? If you did and it’s true, then your style and content of leadership raises concern. Please learn to respect and appreciate the contribution of others however small or insufficient from your point of view.

If it’s personal to you as if new voters have not come on board and some in the old voters register passed on, then this is in itself failed leadership. When you stepped down, I told some leaders at that time that you had stepped down tacticfully in order to come back with a bang as flag bearer. So your coming back was not a surprise to me, what surprised was the spurious reasons you advanced.

You started a parallel sect dubbed ‘activists’ from the top to the districts level. I will not delve into its activities. My view is that a leader’s role is to reconcile and harmonise different points of view in order to advance a common goal and purpose. Styles of struggle will always be there in any organised society. We should also learn to tolerate different points of view and respond to them without insinuations.
Finally, let me make it clear to all concerned that whoever gets elected and in spite of the attacks and labels put against me by some of your ardent supporters and campaign handlers, we shall support the party and its leadership at all levels.— Nuwe Amanya Mushega

Stories Continues after ad

IGAD ministers to empower refugees, returnees and host communities

By
George Mangula
-
Some refugees have found new homes in Uganda

The Intergovernmental Authority on Development (IGAD) in collaboration with the Government of Uganda is to hold a “Regional Thematic Meeting on Livelihoods and Self-reliance for Refugees, Returnees and Host Communities” at the Commonwealth Speke Resort Munyonyo in Kampala, 25-28 from March 25-28, 2019.

According to a press release by IGAD Secretariat, The first three days will have experts meet to pave the way for a ministerial level meeting due to take place on March 28.

The regional thematic meeting will bringing together IGAD Member States, development and humanitarian partners, as well as the private sector and the civil society groups from the humanitarian and development spheres to support these commitments.

Participants will come from IGAD Member States’ line ministries, including lead agencies that handle refugee matters; ministries of finance (treasury); ministries of planning and those responsible for local government (devolution, federalism or decentralization), as well as ministries of agriculture, livestock development and those responsible for labour.

“Representatives of refugee and host communities, international finance institutions, partners engaged in securing durable solutions and the IGAD core group of partners to the Nairobi Plan of Action are expected. Others include the private sector, civil society and the Diaspora who are champions for refugees,” reads the press release in part.

The meeting will look at a range of issues connected to the access of refugees and host communities to livelihood and economic opportunities including challenges accessing supporting services and functions such as financial, information, training, infrastructure, business development services among others; as well as barriers in the regulatory and policy environment preventing refugees and host communities to fully take advantage of available opportunities.

The press release adds the objectives of the meeting are to: Identify existing opportunities and the associated constraints towards sustainable livelihoods and job creation for refugees, returnees and host communities in the Horn of Africa and learn from Uganda’s refugee management model; identify opportunities for policy provisions and areas of strategic reform and programmatic interventions that would enhance/increase opportunities for sustainable livelihoods and job creation for refugees, returnees and host communities in the region.

Others are to; Share existing experience and good practices on enhancing self-reliance and economic resilience for refugees, returnees and host communities, identify practical steps and milestones for delivering commitments on self-reliance and livelihoods as set out in the Nairobi Action Plan and galvanize resource mobilization from IGAD Member States and partners to support these steps.

Central to the principles of the Nairobi Declaration and Action Plan of March 2017 is the promotion of self-reliance and economic resilience for refugees, returnees and host communities. IGAD Member States have committed themselves to; enhance, with the support of the international community, education, training and skills development for refugees to reduce their dependence on humanitarian assistance, and prepare them for gainful employment in host communities and upon return.

Stories Continues after ad

Parliament calls for Kadaga’s privacy after falling sick

By
Geoffery Serugo
-
Speaker Rebecca Kadaga

Parliament has asked for privacy for its ailing Speaker who doubles as Kamuli Woman MP Rebecca Kadaga who is currently under medical attention at Nakasero Hospital.

According to parliament’s press secretary Sam Obbo, Kadaga was last night admitted to the fancy health facility over fatigue related illness attained from hectic working tour in morocco and USA.

Earlier president, Yoweri Museveni visited her at the health facility after he had received information that she was receiving intensive care at the private hospital.

Museveni reportedly rushed into the facility where got access to speaker’s VIP room.

“Due to hectic work schedule, fatigue and jetlag, she had to admitted, we hope her privacy will be respected during this period,” reads in part of the statement released by parliament’s press secretary Sam Obbo.

Stories Continues after ad

2019 Afcon: All the qualification permutations as only ten slots remain at stake

By
Our Reporter
-
Afcon 2019

The final round of 2019 Africa Cup of Nations qualifiers takes place from March 22nd to 24th with only ten places up for grabs.

Fourteen countries have already confirmed their places at the 2019 tournament and they are; Kenya, Ghana, Senegal, Madagascar, Morocco, Mali, Algeria, Tunisia, Nigeria, Egypt, Uganda, Mauritania, Guinea and Ivory Coast.

The 2019 AFCON tournament will be the first to host 24 teams from 16. The competition will be held from 21st June to 19th July in Egypt.

The group stage draw will be held on 12th April in Cairo, Egypt.

The permutations in each of the qualification pools are assessed below by SuperSport.com

GROUP A

Senegal and Madagascar have already sealed their qualification ahead of their meeting in the final round of matches in Dakar on March 23.

Madagascar can finish top of the pool with a win, or a score draw that includes six goals or more.

It is a first ever qualification for Madagascar for the continental finals.

Sudan and Equatorial Guinea are the other teams in the pool and meet in their last game in Omdurman.

GROUP B

Morocco have already qualified as they travel to already eliminated Malawi in their last game, needing a draw to seal top spot.

Cameroon need just a draw at home to Comoros to seal their passage, but a surprise defeat would see them eliminated on the head-to-head rule.

GROUP C

Mali have already sealed their qualification and take on South Sudan at home, with the minnow side yet to pick up a point in the qualifiers.

Burundi host Gabon needing just a draw to seal their passage, but a win for Gabon would see them advance. The teams played to a 1-1 draw in Libreville earlier in the competition.

GROUP D

Algeria have already sealed their qualification but it is all to play for among the other three teams. And it is pretty complicated.

Gambia make the journey to North Africa knowing a win could see them advance, but may still not be enough, while a point is not good enough.

If Gambia win and Togo beat Benin in Cotonou in the other fixture, then Togo will advance on the head-to-head rule.

If Gambia win and Togo and Benin draw, then Gambia will advance past Benin on the head-to-head rule.

If Benin win they will join Algeria at the final come what may.

If Benin and Togo draw, and Gambia fail to beat Algeria, then Benin will advance.

GROUP E

Nigeria have already qualified ahead of their hosting of minnows Seychelles on Friday.

South Africa must avoid defeat to Libya in neutral Sfax, Tunisia in order to advance to the finals.

GROUP F

Both Kenya and Ghana have already qualified for the finals from a pool that was reduced to three teams after Sierra Leone were suspended by Fifa.

The two sides will meet for top spot in the pool in Accra, with Kenya needing just a draw to hold on.

GROUP G

All four teams can still qualify from the pool in a winner-takes-all scenario.

Zimbabwe need just a point at home to Congo on Sunday to secure their place.

If Congo win they will qualify, jumping above Zimbabwe on the head-to-head rule.

If Liberia get a point in the DR Congo, they will qualify, through one of two scenarios. Either Congo have not beaten Zimbabwe, or, if Congo do win, it will create a mini-group of three teams (Zimbabwe, Congo, Liberia) all on eight points. It will then come down to head-to-head between the three teams and Liberia and Congo will advance.

DR Congo must beat Liberia to make the finals in Egypt.

GROUP H

Guinea and the Ivory Coast have already qualified for the finals.

Ivory Coast host Rwanda on Saturday, while Guinea travel to the Central African Republic.

GROUP I

Mauritania have already sealed an historic first qualification, while the only side eliminated in the pool is Botswana.

Angola need a win in Botswana to make sure of their passage.

If Angola draw, they must hope that Burkina Faso don’t beat Mauritania at home. If they do, it will leave both sides on 10 points and the Burkinabe will advance on the better head-to-head record.

Burkina Faso must win to stand a chance of progressing.

GROUP J

Tunisia and hosts Egypt have already sealed their qualification. Egypt had booked their passage to the tournament before they were named as hosts, replacing Cameroon.

Niger and eSwatini are the other two teams in the pool. Niger host Egypt and eSwatini travel to Tunisia.

GROUP K

The 2012 Nations Cup winners Zambia are the only side eliminated from this pool so far.

A win or a draw for Guinea-Bissau at home to Mozambique will see them advance to the finals.

A win for Mozambique will ensure their passage, while a draw will not be enough, even if Zambia beat Namibia to leave them level on eight points with the Brave Warriors. Namibia have the better head-to-head record over the Mozambicans.

If Mozambique and Zambia win, then Guinea-Bissau will edge Namibia for second spot in the pool on the head-to-head rule.

GROUP L

Uganda have already sealed their passage to the finals, but it is all to play for between Lesotho, Tanzania and Cape Verde Islands.

A win for Lesotho in the Cape Verde will see them advance to the finals, even if Tanzania also beat Uganda as the Likuena have the better head-to-head record between the two.

Essentially, Tanzania, who host Uganda, must better the result of Lesotho to seal a place in Egypt.

Cape Verde must beat Lesotho and then hope Uganda get at least a point in Tanzania to book their passage.

If both games end in a draw then Uganda and Lesotho will advance.

Stories Continues after ad

Five keys to boosting the performance of a business team

By
Guest Writer
-
Martin Zwilling

By Martin Zwilling

It takes an effective team to attract and serve a community in business these days. With real-time online reviews and feedback via the Internet, and instant relationships via social media, a voice from the top that is inconsistent with what is heard from the firing line defines a dysfunctional and noncompetitive company for today’s customer. Thus team makeup is the critical success factor.

A few companies seem to be leading the way in building and maintaining ultra-effective teams, sometimes called extreme teams. These include companies across multiple industry spectrums, notably NetFlix in entertainment, AirBnB in hospitality, and Whole Foods for groceries. I see the commonalities detailed well in the classic book, “Extreme Teams,” by Robert Bruce Shaw.

Shaw is a consultant specializing in team performance, and he brings real experience building and working with extreme teams in companies like the ones mentioned above. In my many years of experience in business, and recent work as a mentor to entrepreneurs, I have seen the business world change, and can relate well to his five success practices paraphrased here:

Build the team from people with a shared obsession. The most effective teams are built from people with a strong sense of values and commitment, starting at the top of the company. Team members need to view their work as a calling, much more than a job, and embrace a higher purpose that shapes their collective thinking and behavior.

When selecting members, value fit over experience. Companies with the best teams seek out candidates with the right mix of personal motives, values, and temperament to be a true team player. Cultural fit matters more than job history or functional skills. Those that have these traits are incented to join, and those who don’t are often paid to leave.

Incent them to focus and always look to the future. Extreme teams are tightly aligned around the company’s top few priorities, while remaining open to new ideas. For team members, the ongoing challenge is figuring out what not to do. These teams are motivated to develop approaches to creatively explore new opportunities for growth.

Let them deal with people performance, as well as results. Teams today need a culture of being simultaneously tough in driving for measurable results, and direct in support of individuals who best create an environment of collaboration, trust, and loyalty. Teams must openly deal with their own weaknesses and take action on underperformers.

Embrace healthy conflict to avoid the comfort of stagnation. Members push themselves and each other to speak up, question the status quo, take bold risks, and confront hard truths. They recognize the value of being uncomfortable as a way to push thinking outside the box, and as a wakeup call when something is not working.

I recognize this is a revolution in the way most companies and employees work today, viewing work as a set of tasks with no passion, new members selected primarily on past experience and functional skills, and viewing conflict as something to be avoided or a sign of failure. They value harmony among members, and measure success as a function of the number of priorities concurrently managed.

Building and managing teams along the new lines outlined is not easy, and that’s why it’s a real competitive advantage when you do it. It takes a new kind of management team with a strong belief that a company can thrive with a larger purpose, total customer experience is critical to success, and the new generation of workers needs a new culture of passion and relationships.

As hard as it is to build extreme teams from the beginning, it’s much more difficult to turn around a failing or stagnant team. In fact, many would say that it’s impossible, without first replacing the top leaders and key team members in an existing organization. Thus, if you are a business leader who intends to survive and thrive in the long-term, it’s time to start today by checking the culture of your teams. Your career and your company’s future depend on it.

The writer is a veteran startup mentor, executive, blogger, author, tech professional, professor, and investor. Published on Forbes, Entrepreneur, Inc, Huffington Post.

Stories Continues after ad
1...1,3541,3551,356...2,420Page 1,355 of 2,420

© Eagle Online. All rights reserved.

About Us

Popular Category

Editor Picks