Weru Mwangi, Author at Ultimate Management Solutions

15 Feb 23

CALCULATED RISK TAKING

In 2008, I sat in a meeting where a gentleman narrated how, in the early 1990s, he left a “Big 3” audit firm to join a struggling financial institution as a Finance & Strategy Director. Central Bank of Kenya had declared the financial institution technically insolvent and had therefore called the directors, management and major […]

08 Feb 23

TRAGEDY OF WASTED TALENT

In 2019, I passed by a recreational facility to make an enquiry and met a gentleman who introduced himself as the Facility Manager. We developed a rapport when, during our conversations, he realized that we both hail from the same County and that I attended the same high school with his brother. At one point, […]

01 Feb 23

THE FALACY NAMED PERMANENT

In May 2017, I sat as a co-facilitator in a bank strategy review workshop – the bank’s third such workshop since April 2016. The bank was going through hard times after suffering panic withdrawals the previous year upon the collapse of Chase Bank. The Chief Executive was vocal and sounded very clear about the way […]

05 Nov 19

Personal Finance 101 – What Did You Learn at Home? – Part 3

My last post concluded with comments about how a senior banker lost his job in his early 50s and never recovered financially. He unfortunately passed away in his late 60s with little wealth which was mainly in non-income generating real estate. He had flatly refused to take up what he considered “lowly” jobs such as […]

05 Nov 19

Personal Finance 101: What Did You Learn at Home? – Part 2

When I was growing up, the wealthiest and most financially stable people around me were civil servants. They were mainly teachers, nurses, agricultural extension officers, policemen, chiefs and their assistants amongst others. However, their wealth and affluence was overshadowed by the few bankers I knew, one of them being a close relative. I recall the […]

05 Nov 19

Personal Finance 101: What Did You Learn at Home? – Part 1

Last week, I was facilitating a personal financial and entrepreneurship training for women community based organizations (CBO) leaders in one of the rural counties. During one of the discussions, I floated a question in regard to why there were no men in the forum to which a participant responded by saying that there were no […]

05 Nov 19

Power of Criticism

On Saturday 1st June 2019, I was in a forum where we engaged youth on self-awareness. One of the most striking topics that the lead speaker discussed was how fear of criticism makes people put their ambitions on hold with some never pursuing their dreams for fear of being adjudged as not being good enough. He […]

05 Nov 19

Personal Finances 101: Business or Employment?

Early last week, a discussion was provoked within a WhatsApp group when one member of the forum stated that other members should consider quitting employment and start business in order to be financially secure. Reactions ranged from outright support to outright hostility with a few moderate cases also voicing their views. These reactions made me […]

Weru Mwangi

CALCULATED RISK TAKING

TRAGEDY OF WASTED TALENT

THE FALACY NAMED PERMANENT

Personal Finance 101 – What Did You Learn at Home? – Part 3

Personal Finance 101: What Did You Learn at Home? – Part 2

Personal Finance 101: What Did You Learn at Home? – Part 1

Power of Criticism

Personal Finances 101: Business or Employment?

STRATEGIC PLANNING: JUST ONE PIECE OF THE PUZZLE IN STRATEGIC RISK MANAGEMENT

RISK AVERSION: A SURE WAY TO RETROGRESSION

INNOVATION IS NOT A SILVER BULLET

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