Tuesday, January 31, 2012

Clear Thinking in Business

6 Most Overrated Management Concepts:
Making a company successful requires, above all, clear thinking.
Unfortunately, there are dozens of management concepts that, far from making success easier, tend to encourage fuzzy ideas and bad decisions.
Here are a few of my favorites. Make sure you're not falling into any of these traps:

1. Consensus
Managers often strive to reach consensus among groups and individuals before any important decision is made. That sounds reasonable (hey, it's the "wisdom of crowds"), but in practice consensus drives weak decisions.
Strong decisions--the ones that create powerful futures--entail cutting away other options, and that generally means disappointing somebody. Consensus favors what's bland over what's innovative, what's safe over what's risky, and the status quo over carpe diem.

2. Customer Focus
If you focus on the customer, you'll be better able to satisfy the customer's needs, right?  Well, not really. "Focusing" on the customer is viewing the situation from your own perspective as a vendor. What's really required is the ability to listen to and absorb what the customer is saying and project yourself into the customer's shoes.
Understanding a customer is not so much a visual act (like using a microscope) as a passive act: It involves rapport, empathy, and imagination.

3. Brainstorming
Getting people together to bounce ideas off one another (in a supportive environment) sounds like a great idea. Until you actually try making it work, that is. Creativity is not a group process, and great ideas do not emerge out of dumb, half-baked ones.
What's more, no matter how supportive the environment, people know they'll be judged on the quality of their contributions. That's why brainstorming usually creates nothing more than a dull drizzle.

4. Rightsizing
Rightsizing is a weasel word intended to make mass firings seem as if they're strategic. The real truth is that big layoffs are always the result of lousy management. Though it's sometimes necessary to make staffing changes, well-run companies with farsighted management never require such drastic surgery. So let's stop using jargon that hides the fact that management failed.

5. Human Resources
The problem with calling humans "resources" is that you just dehumanized them into objects. The term puts human beings conceptually in the same bucket as raw materials on the factory floor or the network wires inside the wall. It ignores the fact that people are complicated and multifaceted, and that getting them to work together requires treating them as individuals rather than as plug-and-play commodities.

6. Leadership
Before he died the management visionary Peter Drucker pinned the excesses of corporate America on the bloated concept of leadership. He believed businesses have more than enough leaders; what they really need are competent managers who can do the hard work of decision making, planning, and coaching.
In my experience, the typical business leader is like the leader of a marching band--he waves a stick while other people do the work.

Needless to say, feel free to leave a comment if you disagree.
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Sunday, January 1, 2012

FUNDS FOR NGO'S

The Top Richest People In Tanzania

Who are the richest people in Tanzania? Or who are the wealthiest people in the republic of Tanzania? Are some of the many questions asked by the people of Tanzania who want to know the kind of wealth, amount of money and other resources their countrymen and women own.
There are indeed a lot of wealthy people in Tanzania and this article is all about putting into perspective and knowing them. Below is a listing of some of the richest people in Tanzania and what they own.
1. Said salim
Who is Said Salim?
Said Salim Awadh is the founder and chairman of the Bakhresa group f companies in Tanzania. He is an industrialist, philanthropist and entrepreneur who has created a successful business empire consisting of several companies in only three decades.
How wealthy is Said Salim?
Said Salim is undoubtedly one of the richest people in Tanzania. His business empire is vast and has operations in Tanzania, Mozambique, Uganda and Malawi. Some of said Salim’s wealth include
·         Azam grain milling
·         He has also invested in passenger sea transportation
·         Sale and marketing of plastic packaging materials
·         He also has vast interest in the food and drinks industry.
2. Aziz Abood
Who is Aziz Abood?
Aziz Abood is also one of the richest men in Tanzania. The Tanzanian tycoon has invested in many sectors of the economy like passenger transportation, information and communication (owns tv and radio station), food factories and truck manufacturing company.
3. Nasoro
Nasoro is also a rich Tanzanian who has made massive investments. The economy of Tanzania is incomplete without the mention of Nasoro’s businesses. Some of the businesses Nasoro owns include;
·         Real estate properties
·         Passenger transportation (superstar buses, royal buses)
·         Logistics (doll trailers)
·         Also owns a considerable number of shares in Mtibwa sugar company.
4. Mohamed Dewji
Mohamed Dewji is yet another rich person in the republic of Tanzania. Dewji has a sizeable number of investments and businesses ranging from factories, commercial and residential properties and shares in many of the leading companies in Tanzania.
5. Reginald Mengi
Reginald Abraham Mengi is a well known Tanzanian industrialist, entrepreneur and media mogul. Mengi is the founder of IPP Group which is one of the region’s biggest privately owned companies. The company has its base in the city of Dar es Salaam. Other than the IPP Group, Mengi also has interests in;
·         IPP consulting company
·         Coca-cola franchise holder (Bonite bottlers and Kilimanjaro spring water)
·         IPP Media which comprises of the Guardian, Alasiri, Nipashe, independent, kasheshe, ITV, EATV, sky fm and the east Africa radio.
6. Michael Ngaleko
Michael Ngaleko is also among the richest people in Tanzania. He is believed to own a considerable number of shares in some of the biggest companies in east Africa. He also has an interest in Precision air which is a regional airline that specializes in passenger and cargo transportation in the east African region.
7. Fida Hussein
Fida Hussein is yet another of the richest people in Tanzania. Some of the businesses associated with this business personality include;
·         Africarriers,
·         Commercial and residential properties including raha and Zahra towers.
8. Yussuf Manji
Yussuf Manji is another of the top richest people in Tanzania. He owns substantial interest in some of the largest companies in the region and is believed to be worth hundreds of millions of Tanzanian shillings. He has invested in properties (both residential and commercial), the auto industry and he is also the founder of the Quality Group.
9. Nazir Mustafa
Rounding up of our top richest people in Tanzania is Nazir Mustafa Karamagi. He is a successful businessman believed to be worth hundreds of millions of shillings. He is the owner of the famous Tanzania international container.
Apart from the above mention people, honorable mention also goes to the following individuals who are also believed to be among the richest in tanzania
·         Edward Ngoyayi Lowassa
·         Mohamed Aboud
·         Tarimba Abass
·         Philemon Ndesamburo