Dear readers, I have decided to give a new twist to the Risk Watch by sharing sober reflections about some general life events which shows that it is indeed a small world. Since risk is encountered in every sphere of our lives, its management should also be holistic. An ethical...
- An effective leader delegates effectively (2) Last week, I started with some excerpts from my book “THE MODERN BRANCH MANAGER’S COMPANION”, and will finish with  the second part, as I sign off my contributions in 2022. The year has been with mixed feelings, the highs and the low moments, but...
“Life is like riding a bicycle. To keep your balance, you must keep trying”……  Albert Einstein Today marks the concluding article on moving forward in 2021 with the lessons learnt. This method of re-strategizing with facts and figures seems more likely to be sustainable. So far, I have highlighted various...
The Sales and Marketing Function Experience is not what happens to you. It is what you do with what happens to you. Don’t waste your pain. Use it to help others….Rick Warren Sober reflections These days, no week passes by without mention of negative issues in our financial institutions, businesses, government departments...
Welcome to the concluding article on how bankers can cretae an effective risk management system with security guards. The Dangers surrounding the few Bad Nuts among Security Guards Let us look at some of the dangers that a few bad nuts facing similar situations can put the institution into. For purposes...
(managing outsourcing risks) Last week, I started another series of some tips in managing internal fraud. This was triggered by Bank of Ghana’s publication of the 2019 Banking Fraud Report. Most of the data report was not too new but what hurts is the fact that history continues to repeat...
Internal Controls in Banks Internal controls are important in banking. Managers are obliged to protect the assets, reputation and the people in the business. This is very important to employees who are likely to feel protected from false accusations. A bank with sound internal controls promotes trust among employees. Excuses...
“The world suffers a lot not because of the violence of bad people but because of the silence of good people” …..Napoleon Bonaparte. What is Whistle blowing? According to Wikipedia, “A whistleblower is a person who exposes any kind of information or activity that is deemed illegal, unethical, or not correct within an organization that is...
…a risk management tip "You make mistakes. Mistakes don't make you." - Maxwell Maltz Today’s topic is about how employees can cope with the consequences of making mistakes and learning lessons from them and moving on. It is about “rolling with the punches”. The Meaning of “Roll with the punches”. According to McGraw-Hill...
  There is nothing wrong with staying small. You can do big things with a small team. – Jason Fried Dear Readers, I wish to crave your indulgence to repeat this article which was first published in December, 2015…. PREPARING FOR THE CLOSING BELL For financial institutions, December is a period for re-strategizing...