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German economic strength: The secrets of success
Rank: Member Joined: 11/9/2007 Posts: 288 Location: OZ
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http://www.bbc.com/news/business-18868704
I just thought it would be nice to share the above new article about Germany. I found very refreshing and somewhat inspiring. It poses a simple question to me? I am living within my means? Is all this credit and investments well structured? The truth of matter, most Kenyans live beyond their means. Savings is not a big part of our culture. Just ask yourself, who are you truly working for? and for how long? and why do the banks make such enormous profits? What do they know that we don't? Please share your thoughts, and outcome of your self reflection.. Happy reading, Happy Self Reflection, Live in the Present and Save for the Future. More monies, more problems...
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Rank: Elder Joined: 7/1/2011 Posts: 8,804 Location: Nairobi
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Intelligence and the ability to build structures, processes and culture that conforms to intelligence is the secret to success.
One can save without intelligence, one can live below his means and still fail if intelligence is hampered.
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Rank: Member Joined: 11/9/2007 Posts: 288 Location: OZ
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Actually research findings conclude otherwise. Individuals, Families,Clan, Tribe and Nation...who are more incline to take RISK tend to be more successful. With risk taking, comes use and developing of intelligence. Ability and level of intelligence is elastic and can only be extended from time to time...generation to generation... Just look at Kenya now, we are now becoming a hub of IT innovation in Sub-Saharan Africa...More and more Kenyans are becoming idea driven...The Kenyan government itself case it point.. e-government solution is an envy and subject of marvel to other Africa countries..Many African governments are sending their civil servant to study Kenya system of government. Take RISK in everything you do, ordinary life and choices leads to ordinary outcome and life!! Kenya is going to be most successful African country in the next 40 yrs... We are focussing on right things: Infrastructure, IT, Systems and Structures and we have big pool of skilled resources... By 2050, 1 out of 5 people in world will be an African.. The future is ours for the taking. More monies, more problems...
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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"There is a culture of business owners acknowledging and rewarding the efforts of the workforce"
I like that..This should be the country to jump start our ailing tourism sector?
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Rank: Member Joined: 11/9/2007 Posts: 288 Location: OZ
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Chaka wrote:"There is a culture of business owners acknowledging and rewarding the efforts of the workforce"
I like that..This should be the country to jump start our ailing tourism sector? What Centum did recently to its employees, sets a blue print for other Kenyans firms on link of bonus to staff performance and company profits. Any successful organisation knows the employees are resources and not liabilities. With physological contract between employees and employees becoming non-existent, more of Kenyans are always on the look out for better opportunities... Employees are no-longer loyal to their companies, upward professionals are seeking either vertical or horizontal growth... To continuously motivate, attract and retain high performing employees in this very fluid and dynamic age...is challenge to all employers.. I really hope the government does a better job with security, its killing the tourism industry... Better yet lets promote Regional or Internal Tourism.. Instead of just drinking at a pub or relaxing at home, do a weekend trip not to shag but to other counties and tourist attraction. Is shame to be in Kenya and not to visit the Parks, Coastline and Museums that many spend a fortune from overseas to see.. Enjoy your of what is left of your weekend!! More monies, more problems...
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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Seles83 wrote:Chaka wrote:"There is a culture of business owners acknowledging and rewarding the efforts of the workforce"
I like that..This should be the country to jump start our ailing tourism sector? What Centum did recently to its employees, sets a blue print for other Kenyans firms on link of bonus to staff performance and company profits. Any successful organisation knows the employees are resources and not liabilities. With physological contract between employees and employees becoming non-existent, more of Kenyans are always on the look out for better opportunities... Employees are no-longer loyal to their companies, upward professionals are seeking either vertical or horizontal growth... To continuously motivate, attract and retain high performing employees in this very fluid and dynamic age...is challenge to all employers.. I really hope the government does a better job with security, its killing the tourism industry... Better yet lets promote Regional or Internal Tourism.. Instead of just drinking at a pub or relaxing at home, do a weekend trip not to shag but to other counties and tourist attraction. Is shame to be in Kenya and not to visit the Parks, Coastline and Museums that many spend a fortune from overseas to see.. Enjoy your of what is left of your weekend!! durin my younger days I went to Serena hotel somewhere in Taita. I wanted to o for a safari drive .we kept waiting for a vehicle to take us but we saw any jungu who came was given a van. I asked them how come they get vans and we have been waiting for ever .only to be told that they booked earlier which was a lie. after 2 hrs of waiting we were given an old van that was coughing on its way to look for lions. I came to know later that my fellow black skinned Africans didn't want to take me for a ride because we Kenyans don't tip good. I didn't know what I called that discrimination, nepotism, racism by your own race, terrorism and biasness . back to point its a shame that we get treated that way. now that the jungus are gone now they are pleading with Kenyans to go to those hotels. inshort we are second class citizens in our own country.its wrong and this culture should change ..
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Rank: Member Joined: 11/9/2007 Posts: 288 Location: OZ
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I have similar experiences why I travel and dine, within Africa..Tanzania, Congo, Namibia, SA same treatment, they prefer the whites... That doesn't bother me, i am kinda used to be only African, Black in Boardrooms, restaurants. As African middle grows and trading among African Countries increase most of these stereotypes will reduce over the next coming decades.. Their reaction is very natural, we all have misconceived perceptions about races, brand etc... On bright side, i enjoy travelling within African...i don't need to pay "mzungu" rates to have similar experience.. More monies, more problems...
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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 Seles83 wrote:I have similar experiences why I travel and dine, within Africa..Tanzania, Congo, Namibia, SA same treatment, they prefer the whites...
That doesn't bother me, i am kinda used to be only African, Black in Boardrooms, restaurants. As African middle grows and trading among African Countries increase most of these stereotypes will reduce over the next coming decades..
Their reaction is very natural, we all have misconceived perceptions about races, brand etc...
On bright side, i enjoy travelling within African...i don't need to pay "mzungu" rates to have similar experience..
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Rank: Veteran Joined: 2/3/2012 Posts: 1,317
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Seles83 wrote:http://www.bbc.com/news/business-18868704
I just thought it would be nice to share the above new article about Germany. I found very refreshing and somewhat inspiring. It poses a simple question to me? I am living within my means? Is all this credit and investments well structured?
The truth of matter, most Kenyans live beyond their means. Savings is not a big part of our culture.
Just ask yourself, who are you truly working for? and for how long? and why do the banks make such enormous profits? What do they know that we don't?
Please share your thoughts, and outcome of your self reflection..
Happy reading, Happy Self Reflection, Live in the Present and Save for the Future. Hmm thanks for sharing. An excellent article especially about the education system. "Half of all youngsters in upper secondary school are in vocational training, and half of these are in apprenticeships," says Mr Woergoetter.
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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I tend to believe that the state of honesty of citizens could have a bearing on the state of the economy..so in this case Germans are probably very honest,on the other hand I find KE to have many dis-honest people...everyone wants to rip everybody off..from shopkeepers,butchers,barmaids, mechanics,friends and relatives "borrowing" money etc..
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Rank: Member Joined: 11/9/2007 Posts: 288 Location: OZ
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Chaka wrote:I tend to believe that the state of honesty of citizens could have a bearing on the state of the economy..so in this case Germans are probably very honest,on the other hand I find KE to have many dis-honest people...everyone wants to rip everybody off..from shopkeepers,butchers,barmaids, mechanics,friends and relatives "borrowing" money etc.. The relatives "borrowing" money can be quite annoying especially of you have a prior non-existent relationship. Most progressive people, have been forced to redefine the family boundaries from Extended to Immediate family...I really pity those people who come from communal tribal backgrounds, where capitalist mentality clashes with traditional values.. More monies, more problems...
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Rank: Member Joined: 1/15/2010 Posts: 625
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Seles83 wrote:Chaka wrote:"There is a culture of business owners acknowledging and rewarding the efforts of the workforce"
I like that..This should be the country to jump start our ailing tourism sector? What Centum did recently to its employees, sets a blue print for other Kenyans firms on link of bonus to staff performance and company profits. Any successful organisation knows the employees are resources and not liabilities. With physological contract between employees and employees becoming non-existent, more of Kenyans are always on the look out for better opportunities... Employees are no-longer loyal to their companies, upward professionals are seeking either vertical or horizontal growth... To continuously motivate, attract and retain high performing employees in this very fluid and dynamic age...is challenge to all employers.. I really hope the government does a better job with security, its killing the tourism industry... Better yet lets promote Regional or Internal Tourism.. Instead of just drinking at a pub or relaxing at home, do a weekend trip not to shag but to other counties and tourist attraction. Is shame to be in Kenya and not to visit the Parks, Coastline and Museums that many spend a fortune from overseas to see.. Enjoy your of what is left of your weekend!! I like your point but I think what Centum did is more like the Wall Street Bank bonuses than what you see in Germany. The German work ethic is not based on just making piles of money, it's a core part of the German character. Many other Europeans don't like Germany coz "Germans work too hard", or "are too focused on work" etc. People tend to confuse things when it comes to motivating employees. Beyond a certain point more money can actually end up defocusing employees e.g. they'll spend lots of time online browsing all the cool toys they could be buying with the extra cash. The evidence is that some of the most motivated people on the planet actually don't make much money e.g. my primary school teachers, some people driven by a cause, explorers and those trying to break records of some sort, scientists and mathematicians who spend countless nights trying to solve a long standing paradox or discover the cure of some disease etc.
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German economic strength: The secrets of success
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