The defining challenge in the 21st century is undoubtedly the debacle of climate change. There is abundance of evidence that climate is changing as a result of our unsustainable use of natural resources.
Human needs are insatiable and endless. Our unbridled quest for accelerated economic growth, industrialization and motorization to...
“Rather fail with honour than succeed by fraud” …Sophocles
Last week marked the observance of International Customer Service week, celebrated by brands across the globe. On our local front some banks created unique ways of celebrating it with their customers. I also want to celebrate two persons who work...
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...
Does striving to be better than your colleagues or your competition guarantee your promotion or business success? This is one of the most wrongly answered questions in businesses and places of work. Growing up, children tend to be told to strive to be the best; better than siblings, mates...
Welcome to the concluding article of this series. As indicated earlier, this series was first published in 2014, at a time which the biggest bank scandal was the closure of Ghana Cooperative bank and Bank for Housing and Construction in 2000. This last article is an update of what...
"Know where to find the information and how to use it. That's the secret of success." - Albert Einstein
(This is a continuation of a series first published in July and August 2014)
Hello Readers, welcome back to the last but one article to conclude this series. Having taken you...
Our lives begin to end the day we become silent
about things that matter.
- Martin Luther King, Jr.
Dear Readers, this article will be part of the concluding articles on the relevance of history in managing risks in financial institutions. You will realize that many of the causes of global bank...
“A stitch in time saves nine”… An American proverb
(This is a continuation of a series first published in July and August 2014)
Hello my Readers, I hope you had a good week and were not too disturbed about the history and list of bank runs experienced over the centuries. If...
"Remember that failure is an event, not a person." - Zig Ziglar
(This is a continuation of a series first published in July and August 2014)
The MICR cheque book
In 1959 a standard for machine-readable characters (MICR) was agreed and patented in the U.S. for use with cheques. This opened the...
This week, G7 leaders will convene to discuss Afghanistan. It’s crucial that the G7 leaders think clearly about the important objectives for Afghanistan in order to avoid adding yet another cycle of misery, bloodshed, and mass refugee flows.
Above all, they should use the meeting merely to coordinate policies...