17 Jun 2015

General Safety in South Africa

by | posted in: Life Lessons, Safety | 0

Leads 2 Business : Safety

Crime in South Africa, like many other places in today’s world, can be a problem. Despite some negative perceptions about crime in South Africa, it’s generally safe & friendly, all you need to do is take sensible precautions & follow some general rules in order to stay safe.

 

Personal Safety Tips

  • Be aware of your surroundings
  • Avoid unfamiliar areas & walking alone
  • Avoid wearing/displaying valuables & large amounts of money
  • Take ATM Safety precautions
  • If you travel inform someone of your destination
  • Ensure that you know relevant emergency numbers
  • In a robbery situation, remain calm & do not resist
  • Take a self defense course
  • Don’t leave animals in the car
  • Trust your instincts at all times

 

Home Safety

  • Fencing & Gates
  • Alarm, CCTV & Intercom Systems
  • Dogs
  • Security Lighting
  • Ensure gates are locked at all times & keys/access devices are in a designated area

 

Vehicle Safety

  • Keep doors locked & windows closed
  • Do not leave valuables locked in the car
  • Park in well-lit places
  • If something seems suspicious, rather drive away
  • Vary the routes that you take & do not give strangers a lift
  • Ensure you have sufficient petrol
  • If you are in a road accident, drive to the nearest police station
  • Have your keys ready before approaching your vehicle
  • If you feel you are being followed, rather drive to the nearest police station

 

Safety Tips Unique to SA:

  • Look out for potholes
  • Beware of animals on the road & other native creepies and crawlies
  • Swimming in rivers can be dangerous due to hippos, crocodiles & bull sharks
  • Take Malaria precautions (repellents, nets)
  • Take Tick precautions (to prevent tick-bite fever)
  • Avoid drinking water from Rivers (Bilharzia & Cholera)
  • Sun protection (even on a cloudy day)
  • Beware of Remote Jamming
  • Beware of Taxi’s while driving/ walking
  • Keep updated on Load-shedding Schedules & take pro-active measures

 

Although it seems like you’ve just been handed a mountain of Safety Tips they are not there to prevent you from enjoying life. Keep them in mind & make them part of your daily routine & they will become effective habits before you know it.

Think of it like Dr George Cui, “Safety First, Then Healthy, then Happy, then Wealthy.”

 

P.S. Please add your Safety Tips in the comments section below.

 

Further Reading:

https://www.travelground.com/blog/10-ridiculous-commonly-asked-questions-south-africa/

 

 

 

 

About Sasha Anderson

Millennial Mom + wife living the hash-tag life. Remember: If You Fail - Fail Forward

10 Jun 2015

Intellectual Health

by | posted in: Life Lessons, Safety | 0

Leads 2 Business : Intellectual health

 

 

 

Intellect…. now this is something I thought evaded me my whole school going life, or did I just do a really good job avoiding it?…..Hmmmm, I was more of a social butterfly you see, but lucky for me not all is lost because it turns out you can be both!

It’s a good thing because planning my social life from Monday to Friday and recovering from it from Sunday to Tuesday may have made me a fun friend to be around at school, but it sure wouldn’t pay the bills now that I work!

I would like to think I now have a fine but workable balance between the two 🙂

 

I’ve come to realise I was never “stupid” I was just never pushed or motivated.

This didn’t hamper me though thankfully, yes it may have taken me longer than some, but I got there!

I developed the need to be & do better and that turned into the need to be the best (Status of Mission: currently still striving for!), now sure, this unfortunately only occurred to me once I was firmly out of school and coincidently working for the company I’m currently working for….

Is that really coincidental? I think not!

 

Answer yourself this question, have you ever enjoyed learning anything whereby the person teaching you was someone you really didn’t like??? The answer is NEVER!!!

 

So would I be wrong in saying that in order to improve your intellectual health you need to find yourself in an environment whereby you are motivated, encouraged and ultimately rewarded?

So whether it be at school, college, your work place or even in your day to day life, FIND THIS!!!

Take my word for this, It will make a world of difference in your life :).

 

The wonderful thing about humans, is that we never stop learning or teaching, I mean, just last week I was at work, in our canteen and was disturbed by the smell of burning toast, turns out it wasn’t the toast burning but rather the crumbs within the toaster, so, I simply pulled out the bottom tray of the toaster and emptied out all the crumbs… needless to say this left some of my colleagues speechless!!

Seriously! Are there people out there that didn’t know about this tray????

 

Well, before I get carried away, I had my own little “learning” experience around the same time….

First let me ask, there has to, has to be other people out there that didn’t know this? Please!

I have to believe I’m not the only one!

So…. I have NEVER used the word “utmost” in my life, I always thought the phrase was “up most” (which I secretly still think makes more sense), but anyhoo, who am I to judge the Oxford Dictionary!

 

Now I suppose you are waiting for me to bestow upon you some practical ways in which you can improve your intellectual health, so here it goes!

 

  • First and for most, place yourself in a place that inspires you to learn.

 

  • Physical Exercise – Get the blood pumping, this is not only for your muscles but for your brain.
  • Minimizing Stress – take “you time”, put your phones, tablets, friends and family on silent for a bit, breath, relax and when you do sleep make sure it is uninterrupted.
  • Healthy Eating – Include in your diet Essential fatty acids, these build the insulation of the neurons in the brain – FACT!
  • Cut out foods with a high glycaemic index like sweets, most breads and a whole list of other stuff. http://www.theingredientstore.com/amescompany/GIindex.html
  • Mental Exercise: The brain is a muscle so exercise it, do a puzzle, download one of many brain games available for computers and for smart devices, do a crossword, Sudoku, discuss topics of real substance – not the latest celebrity pregnancy.

I also thought before I go, I would like to touch on another health issue that I think is equally as important and that’s emotional health, because lets face it, if your head is not in a good place, nothing else matters, your ability to see past your emotional problems mess with your ability to learn and ultimately puts a hold on your personal growth.

I recently found myself having to reassess what is important to hold on to and what I need to let go of, and which of these cloud judgement and stunt “awesomeness”!
My findings – well lets just say that anger, resentment, judgement, grudges and gossip have to go!

Its a process, but some people find it easier than others not to hold on to these things, and I’m fortunate to be one of these people. 🙂

So, go do some unpacking and reshuffling of the soul and see how revitalised you feel, this will unclutter your brain and you will think clearer, then once that has happened, CHALLENGE your brain, and CHALLENGE it some more!!

 

Albert Einstein wrote, “Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.
So find your place and find your purpose;)

About Sherina Shawe

"You have to do everything you can, you have to work your hardest, and if you do, if you stay positive, you have a shot at a silver lining." from: Silver Linings Playbook.

Leads 2 Business : Construction Safety
3 Jun 2015

Safety in Construction

by | posted in: Safety | 0

 

 

Construction is a dangerous, high hazard industry that includes a wide range of activities involving construction, alterations, repairs, additions, building and renovations. These also include residential construction, bridges, roadway paving, excavations and demolitions. Yep, and blasting with explosives, working with huge machinery and dangerous electrical equipment.

Construction safety is very important to prevent fatal and non-fatal injuries as well as many other different illnesses. Workers in the construction sector have greater exposure to biological, chemical and ergonomic risk factors as well as noise and extreme temperatures. It is also one of the most physically demanding sectors.

Serious potential hazards are:

– Falling from heights / rooftops
– Unguarded machinery
– Being struck by heavy construction equipment
– Scaffold collapse
– Electric shock
– Trench collapse
– Failure to use proper protection
– Repetitive motion injuries
– Silica dust and asbestos

Nearly 6.5 million people work at approximately 252,000 construction sites across South Africa on any given day.

Things to look out for regarding your personal safety:

* aerial lifts (take the stairs, although those are hazardous for me as I keep tripping down them!)
* arc welding
* electrical and fire hazards
* bio-hazard safety (I am always spilling stuff!)
* boom collapsing (one has collapsed on my head in a parking area!)
* carbon monoxide poisoning
* carpal tunnel syndrome
* electric cord safety (don’t ever want to be shocked in that way!)
* falling objects (wear your helmet)
* eye protection (not just a fashion statement!)
* ladders (not just for the superstitious, these can really be dangerous!)
* protective clothing such as helmets, gloves, shoes, etc
* nail guns (ouch….hurts just to say it).
* power lines (not something you want to drill into, could be a shocking experience)
* power saws (turning an ordinary day into something from a scary movie)
* roof collapse
* trench safety (you don’t want to dig your own grave)

Safety Tips:

1. Use the proper tool for the designated task.
2. Frequent use of inadequate or poorly designed equipment will eventually lead to health hazards, for example tendinitis, trigger finger, white finger, carpal tunnel syndrome.
3. Protect your ears and eyes from intense noises and vibrations; opt for power tools with lower vibrations, muffled noises, and longer trigger tools.
4. Maintain good posture and balance the tools in correct alignment to your body at all times.
5. Always be aware of your surroundings. Look out for overhead lines, obstructions, low clearances, underground utilities, and other such obstacles that could prove to be a nuisance or a lethal hazard.
6. Know, understand, and follow your work space’s comprehensive safety program issued for that specific workspace, job position, and / or task at hand.
7. Don’t use damaged tools – examine each one before its use to ensure that it is in proper working condition. Maintain tools in good, clean working order
8. Never use a damaged or in any way weakened scaffold and don’t use in bad weather especially if covered with snow or ice
9. Don’t leave materials or debris abandoned or blocking exits
10. Keep tools in your belt to keep your hands free while climbing and descending.
11. Never touch a chemical spill
12. Always wear appropriate clothing and shoes respective to your job.
13. Fire extinguishers and First Aid kits must be available and readily attainable.
14. Never remove or tamper with safety devices.
15. A hard hat will protect you if there’s a risk of falling objects, as well steel-toed boots.
16. Wear gloves if you’re handling sharp objects or toxic substances.
17. Wear goggles if your work poses a hazard to your eyes.
18. Wear safety harnesses if you’re working from an elevated location and there’s the risk of falling. (If you are anything like me, you can trip and fall over literally anything. So having a guardrail or something to grab onto is really a life saver).
19. Wear a breathing mask at all times, especially if you deal with dangerous or toxic chemicals or fumes or there is poor ventilation or your workspace has debris, dust, and other flying particles.

20. Equipment onsite should have lights and reflectors. Especially when working at night, this is to see and to be seen.

 

All employees should be trained to understand the proper way of identifying possible hazards and understanding on how to avoid dangerous situations. They also need to be made aware of the correct procedures to follow should something happen.
The contractor is responsible for providing a safe work environment for employees and pedestrians.

Although the construction industry is dangerous, construction conditions have improved over the years. As technology increases, so do the safety and working conditions.

Knowledge is power and in this case, without knowledge that power could kill you 😉 Rather be safe than sorry and watch where you are walking 🙂

 

 

https://www.osha.gov/Publications/OSHA3252/3252.html
https://www.osha.gov/doc/
http://en.wikipedia.org/wiki/Construction_site_safety
http://ehstoday.com/construction/news/work-zone-safety-tips-5432\
http://civilengineerblog.com/construction-site-safety-tips-will-reduce-hazards-work/

About Michelle Crosby

I started my journey at Leads 2 Business in the Directory Department in 2012. I was then promoted to the Private Projects Department in 2014 and was recently promoted to Projects HOD this year.

27 May 2015

Human Resources and Human Capital Tips

by | posted in: General | 1

 

Human Resources & Human Capital Tips

Say what now????

This topic is definitely not something I sit around on the weekend bantering about, so believe me when I say I was not 100% excited to write about it…. well, at first anyway, then I gave myself the “Knowledge is Power” pep talk and took to Google for some assistance!

 

Human Resources vs Human Capital

 

Human resources is the set of individuals who make up the workforce of an organization, business sector, or economy.

 

Human capital is the stock of knowledge, habits, social and personality attributes, including creativity, embodied in the ability to perform labour so as to produce economic value. (not limited to the work place)

 

 

So from what I can gather, Human capital is the development of your work force. This in theory gives them a feel-good feeling, encouraging performance and in turn grows your company revenue. 😉

 

This seems like the most logical way to run an organization right?

 

Well I remember being in my early 20s in my first few interviews and being shot down right after being asked “So what experience do you have?”… “ummmm well I’m 20… so anything other than how to wait tables and a killer coinage hand… not much!”

 

Where exactly would I acquire this experience they are all talking about????

 

Yes I understand its important to hire employees who can come into your organization and pick up right where possibly the last person left, but…. wouldn’t it be more important to hire some one who WANTS to do that? Eager and ready to learn, grow, develop and improve their skills?

 

So what I’m getting at is, Attitude has to trump Experience!

 

 

 

Now for obvious reasons, this strategy is only going to work if you follow through and actually grow your newbies. Hiring someone with zero experience followed by no development is going to break your business!

So where do you start?

 

How do you improve your companies Human Capital?

 

  • Don’t let employees become complacent or stagnant.
  • Offer and encourage education in terms of in-house courses, training, webinars and literature.
  • Reward – this will inspire your workforce to do more and be more.

 

Now Human capital goes both ways, it is not solely the employers responsibility.

 

As an employee, you need to initiate development within yourself.

  • Know the philosophy of the company you work for, this will give you an idea of where your employer is striving to take his company, giving you an advantage over the rest of your colleagues that are only interested in collecting their monthly pay cheque.
  • Don’t limit yourself, further your education where possible, this doesn’t have to be formal if finances don’t permit it, but use the resources the world-wide-web so readily provides us with.
  • “Wear more than one hat” meaning don’t be scared to learn every aspect of what your company does.

Ultimately realise that Human Capital is personal, better yourself where ever possible, learn a new language, a new skill, read about a topic you would not usually read about, broaden your vocabulary, start a blog, get involved in a community sport or fund raising activity, get creative!

Learning something new has to be one of the most rewarding feelings and very seldom goes unnoticed, not to mention, more often than not, this will inspire the next person:) So here’s my final food for thought.

 

Something for the employer to think about…

CFO asks CEO: “What happens if we invest in developing our people & then they leave us?” CEO: ‘What happens if we don’t, and they stay?”

 

 

And something for the employee to think about…

“The more that you read, the more things you will know. The more that you learn, the more places you’ll go.”
― Dr. Seuss,

 

 

And look…. I just wrote about something I started out knowing NOTHING about, and now I think I may possibly have the ability to hold a 2 minute uninterrupted conversation about it…. ahhhh look at me grow!  

 

 

 

About Sherina Shawe

"You have to do everything you can, you have to work your hardest, and if you do, if you stay positive, you have a shot at a silver lining." from: Silver Linings Playbook.

13 May 2015

Financial Business Tips

by | posted in: Business Risk, General, How To | 1

Financial Business Tips

I must confess I don’t have much life experience with regards to the topic of ‘Financial Tips for Business’, considering this I decided to take some advice from those more qualified and have relied heavily on my research skills.There were many tips I came across while scouring various news articles, business columns and financial websites, too many in fact to mention in one blog.

So I decided to list those that seemed most prevalent in my research.

  • Goals: Financial goals inform what to strive for, focus on and what expectations are. Goals enable everyone to work collaboratively to achieve success, which allows companies to realize more financial achievements. It is important to keep financial goals measurable and realistic. Timeframes, values and targets are measurable components to include.
  • Budget: A budget helps keep track of cash flows, increase reserves, minimizes unnecessary spending, gives you a clear plan for all income and expenses and should be updated regularly.
  • Cash Flow: A cash flow analysis is an integral part of operating a successful business; it enables a business owner to understand gains, losses and identify financial concerns as they arise in order to resolve them early.
  • Debtors: Implement procedures to avoid late payments by Debtors. Make your credit terms and conditions obvious from the start. Issue invoices promptly that are clear and accurate. An automated credit management system will help to keep track of debtors’ accounts.
  • Creditors: It’s important that you meet your obligations; failing to meet deadlines can incur fines and interest. These are unnecessary costs that can be avoided with planning.
  • Savings: When times are tough, it is vital to have the comfort of knowing you have savings to rely on. Take the time to grow, strengthen and secure savings.
  • Support: Choose the right finance partner, establish a good relationship with them from the start and if you think your bank isn’t providing you with the best deal on your short-term borrowing, overdraft or investment facility think about alternative arrangements.

To summarize: a prosperous and profitable business needs planning and organisation in all aspects. If however, you like me are not a business owner remember as an individual we can also use many of the financial tips listed above in order to achieve our own financial freedom.

“A good financial plan is a road map that shows us exactly how the choices we make today will affect our future.” Alexa Von Tobel

Further Reading/Sources:
http://www.bbb.org/sdoc/news-events/news-releases/2015/01/financial-tips-for-your-business-in-2015/
http://www.theadviser.com.au/blog/31382-financial-tips-for-a-thriving-business-in-2015
http://www.santabanta.com/sms/quotes/business-and-finance/79/?page=3
https://www.learnvest.com

About Sasha Anderson

Millennial Mom + wife living the hash-tag life. Remember: If You Fail - Fail Forward

12 May 2015

Human Resources & Human Capital Tips

by | posted in: Business Risk, General, Life Lessons, Uncategorized | 0

Say what now????

This topic is definitely not something I sit around on the weekend bantering about, so believe me when I say I was not 100% excited to write about it…. well at first anyway, then I gave myself the “Knowledge is Power” pep talk and took to Google for some inspiration!

So Human Resources vs Human Capital….

Human resources is the set of individuals who make up the workforce of an organization, business sector, or economy.

Human capital is the stock of knowledge, habits, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value. (not limited to the work place)
So from what I can gather, Human capital is the development of your work force, this in theory gives them a feel good feeling, encouraging performance and in turn grows your company revenue. 😉

This seems like the most logical way to run an organization right?

Well, I remember being in my early 20s and going to my first few interviews and being shot down right after them asking “So what experience do you have?”… “ummmm well I’m 20… so anything more than waiting tables and a killer coinage hand… not much!”

Where exactly would I acquire this experience they were all talking about?

Yes I understand its important to hire employees who can come into your organization and pick up right where possibly the last person left, but…. wouldn’t it be more important to hire some one who WANTS to do that? Eager and ready to learn, grow, develop and improve their skills?
So what I’m getting at is, Attitude has to trump experience! Surely? Right?

Now for obvious reasons, this strategy is only going to work if you follow through and actually grow your newbies.
Hiring someone with zero experience followed by no development is going to break your business!
So where do you start? How do you improve your companies Human Capital?

  • Don’t let employees become complacent or stagnant.
  • Offer and encourage education in terms of in-house courses, training, webinars and literature.
  • Reward – this will inspire your workforce to do more and be more.

Now Human capital goes both ways, it is not solely the employers responsibility.
As an employee, you need to initiate development with in yourself.

  • know the philosophy of the company you work for, this will give you an idea of where your employer is striving to take his company, giving you an advantage over the rest of your colleagues that are only interested in collecting their monthly pay cheque.
  • Don’t limit yourself, further your education where possible, this doesn’t have to be formal if finances don’t permit it, but use the resource the world-wide-web so readily provides us with.
    “Wear more than one hat” meaning don’t be scared to learn every aspect of what your company does.

Ultimately realise that Human Capital is personal, better yourself where ever possible, learn a new language, a new skill, read about a topic you would not usually read about, broaden your vocabulary, start a blog, get involved in a community sport or fund raising activity, get creative!

Learning something new has to be one of the most rewarding feelings and very seldom goes unnoticed not to mention, more often than not this will inspire the next person:)

So here’s my final food for thought.

Something for the employer to think about:
CFO asks CEO: “What happens if we invest in developing our people & then they leave us?” CEO: ‘What happens if we don’t, and they stay?”
And something for the employee to think about:
“The more that you read, the more things you will know. The more that you learn, the more places you’ll go.”
― Dr. Seuss,

And look…. I just wrote about something I started out knowing NOTHING about, and now I think I may possibly have the ability to hold a 2 minute uninterrupted conversation about it…. ahhhh look at me grow!

🙂 😉

About Sherina Shawe

"You have to do everything you can, you have to work your hardest, and if you do, if you stay positive, you have a shot at a silver lining." from: Silver Linings Playbook.

6 May 2015

Time Management Tips for your Business

by | posted in: Business Risk, General, How To | 19

Time Management Tips for your Business

 

As Dr. Seuss says:

 

“How did it get so late, so soon?”

 

When I think of time management, I immediately think of the Bar-One chocolate. For a 25-hour day. It always seems as though there are just too few hours in a day. An 8-hour working day is only 480 minutes. This, however, is one issue that chocolate (unfortunately) cannot solve. Effective time management is the answer.

 

Time management is the process of organising and planning how much time you spend on specific activities. Being busy is not the same as being effective and spending copious amounts of time working on different activities throughout the day, often leaves you with little to show for it at the end of the day. Most of us are familiar with the phrase “work smarter, not harder”.

 

Time management is a skill that everyone can learn. Here are ten tips that I believe will assist you in developing the skill further:

1. MAKE NOTES. For me personally, this is one of the most important tasks. Make a note of everything you need to do, instead of trying to remember everything in your head. This will help you to plan your day.
2. ORGANISE YOUR WORKSPACE. A cluttered workspace creates distraction. Only keep what you need on your desk.
3. PRIORITISE TASKS. Divide them up into three groups, from most important, to moderate and least important. Always start with the most important, even if you can only complete a small part of the task.
4. SET TIME LIMITS. Setting time limits is very important for keeping focused on the task at hand, and to avoid procrastination.
5. KNOW YOUR LONG-TERM GOALS. Review your work on a regular basis to ensure that what you are achieving, is in line with your goals and targets.
6. DELEGATE. You can’t delegate everything and anything, however, if there is someone else with the necessary skills and time, they can assist you by taking on the task.
7. USE A CALENDAR. This is a useful tool for managing your daily activities. An online calendar tool, i.e. on your mail client, enables you to access your calendar from wherever you are. Use this calendar to mark out deadlines.
8. TARGET TO BE EARLY. When you plan to meet a target on time, you will either be on time or late. However, if you target to be early, you will most likely be on time.
9. KEEP THE BALANCE. It is important to manage your time so that you can include various aspects of your life into your day, such as work, family, friends and your health.
10. Last, but certainly not least, TAKE A BREAK. If you overwork yourself, you will tire yourself out and become less productive.

 

And so to end, I would like to leave you with the following thought:

 

“The bad news is time flies. The good news is you’re the pilot.” – Michael Altshuler

 

Sources:
http://www.mindtools.com/pages/article/newHTE_00.htm
https://ascendtraining.wordpress.com/2014/12/03/competencies-of-great-supervisors-part-13-time-management/
http://www.dummies.com/how-to/content/top-time-management-tips0.html
https://ascendtraining.wordpress.com/2014/12/03/competencies-of-great-supervisors-part-13-time-management/
http://www.cimaglobal.com/Thought-leadership/Newsletters/Insight-e-magazine/Insight-2012/Insight-October-2012/First-things-first-prioritising-tasks-for-better-time-management/
http://www.lifehack.org/articles/lifehack/20-quick-tips-for-better-time-management.html

About Bianca Warwick

I had the privilege of joining the Leads 2 Business content team in January 2012. I work in the exciting Projects department, following the progress of construction developments in KwaZulu-Natal and the Free State.

22 Apr 2015

When we talk about Risk

by | posted in: Business Risk, General | 0

When we talk about risk

 

 

When we talk of risk, we often associate this with things such as Car Insurance or some form of insurance.

 

We talk of risk like it is something we can calculate and reduce to Rands per million at a premium per month.

 

I would like to share a few experiences of taking a Risk, which cannot be calculated. Unless you have a lot of time on your hands, and lack a sense of humour.

As a young man, I would often think back to how my parents raised me. I would think carefully of the things they had done completely wrong like clipping me on the back of the head with a flat hand when I made an inappropriate comment, like chirping them for being lazy when they asked for a cup of tea or some help around the house. I recall thinking that in going to school and achieving an above average grade I had done my job, why should I also clean the pool or mow the lawn?

I was a cheeky little brat, I could drop comments and be sarcastic with the best of them. I didn’t like the way my parents raised me when I thought about it. I thought they could have done better!

When I met my wife we were both in agreement, our parents had done a poor job of it. The way they raised us was so risky, it is a surprise we made it to the chapel! We would be SO MUCH BETTER. These are the things we would never do.

  1. Say the following: “I brought you into this world, I’ll take you out of it!” Nor any of those classic lines about taking a look off your face and such like.
  2. Smack a child in public! (Very taboo).
  3. Scold a child when they are tired.
  4. Raise our voice in anger. (Like we would never be angry with our angels??)
  5. Exceed the speed limit!
  6. Start the car before each child has been strapped in or confirmed that his seat belt is clipped in.
  7. Give the children sweets before driving any distance with them, or putting them to bed.
  8. Smacking them across the back of the head – ever.
  9. We would never yell at our child to not be stupid
  10. We would never make them; do something, eat something, or be something they did not want to; do eat or be.
  11. The list goes on.

 

How long do you think it took for me to hear my father’s voice in the garden, telling the two fools to stop bickering with each other? “If you two “chops” are bored, I’ll give you something to do! Don’t look at me like that, I’ll wipe that look right off your face!”

On more than one occasion, I have clipped my son on the back of the head for a comment or chirp he has fired at his mother, without even thinking – almost like it was instinct.

I have since, and on many occasions noted, with much humility and occasionally a little smile on my face, that the apple falls close to the tree. I am not my father, but I am not too different.

So why tell this story, why be vulnerable and share that I am not perfect? Well the truth is that not all risks can be calculated. Not all mistakes are avoidable. We make choices intuitively, and without so much as a thought.

We drive to work, drop off the children, walk across the street, run for exercise and think nothing of the collective risks we take.

 

When life throws us a curve ball. Take a swing at it!

Mountbatten Insurance consultants is an Independent Brokerage. We are parents, we are mothers and fathers who understand that you have not done the calculations, and you have not worked out what risks you are taking. You are quite likely just taking life one day at a time, and doing the very best that you can!

We do however have products that can help limit the impact of things going wrong in many areas of your life. Every product type we offer is there to help.

From Assurance (Life Cover, Disability Cover, Dread Disease), to Investing. From Insurance and all of it’s guises, Contractors all Risk, Guarantee’s, Event Liability to Household and vehicle insurance. We are here and available to help.

If you have read this article, and can identify in any way with what has been written, feel free to send a mail to sizaminakakhulu@gmail.com One lucky respondent will win one thousand rand. I will accept mails until the 30th of July and respond to all on the 1st of August.

If you would like additional information about what we can do to assist you with your daily risks, be it insuring a hole in one, or the risks associated with building a bridge, send an e-mail to brad@mountbatten.co.za We are here to partner with you in every aspect of your business and life.

 

 

 

About Brad Hutton

15 Apr 2015

Risk Analysis

by | posted in: Business Risk, General, How To | 0

Risk Analysis

To jump or not to jump? That is the question.

 

I vividly remember when I was younger and my teacher asked me if I could swim the froggie (breast stroke to you and I), I wasn’t sure what that was but I knew two things.

  1. I knew that a frog jumped on all fours and
  2. I knew that swimming involved getting from one side of the pool to the other.

 

That was all the information I needed to come to my conclusion, I thought to myself. “I could do this?”. In a matter of seconds I had decided that I could swim, regardless of whether or not I had actually done this. I had seen a frog leap plenty times, I mean how much more different could it be in water?? In that moment I had made a conclusive decision to sink or swim.

 

One can say,  I think, “That is crazy!” and I probably was. I think I could have won first prize for my bravery but that is what risk taking is all about, uncertainty. Risk taking presents a high level of uncertainty and this scenario is no different. There is always an element of uncertainty when taking risk.  A few scenarios could have played themselves out in this situation but only one did, of course the level of uncertainty is heightened by the lack of knowledge and experience but it does not eliminate the fact that the objective was clear – getting to the other side (staying alive perhaps).

 

You see, the science behind the method of risk taking will take you through the steps of reducing the levels of uncertainty. Transforming a high risk situation to a low risk situation. Intellectuals will teach you different formulas, each advocating for their own method of how to best approach risk management. They will say try the KISS approach, try the Delphi method, do the SWOT analysis, conduct expert interviews or have collaborative workshops but somehow all too often produce the result of focusing on the “weeds” as described by Ovidiu Cretu et al in his book Risk Management for design and construction. This can actually cause what they call “analysis paralysis”. Where one becomes so fixated on the tiny details that it stops one from making progress towards taking risks.

 

Project managers and contractors will know all too well that there will always be an element of uncertainty in any project. The trick is to learn how to reduce it and when the plan doesn’t work out, to find ways of coping. If at some point you can’t avoid it or transfer the risk, Vickey Haney presents a few options of possible responses.

– Work around it

– Contingency plans

– Reserve Funds

– Follow a detailed plan

– “do nothing”

Although the last one seems non-response, it can sometimes be the best response. Taking risks is part of the game, learn it, play it and play it well. With a combination of faith, bravery and action; you too could also learn how to swim. Someone said “a life without risk is a life half lived”.

 

Risk Analysis requires an assessment of the risk, a belief in the risk you are taking, followed by the action of doing what is best for the situation. Sometimes no one can teach you that, you can choose to jump or not to jump. Perhaps we could learn a lesson from my youthful self and take the plunge. You can never fully eliminate risk but you can certainly reduce it so you can achieve the objective.

 

The risk will always be that you could sink, oh but what if you swim?

 

I did. What about you?

 

 

 

References:
Book: Risk Management for Design and Construction, Ovidiu Cretu, Robert B. Stewart, Terry Berends
http://pittsburgh.iiba.org/download/Chapter%20Meeting%20Presentation%2011-01%20%28Risk%20Management%29.pdf

Some quotes on good living,
http://www.goodreads.com/quotes/tag/living

 

 

About Nosihe Zulu

8 Apr 2015

Calculated Risk

by | posted in: Business Risk, General | 0

Calculated Risk

Are you a risk taker? Or do you play it safe?

I have always considered myself to be a ‘play it safe’ kind of person. The thought of bungee jumping gives me a surge of panic and I start to feel woozy, all I can think of are the indemnity forms and all those YouTube videos of ‘the bungee jump gone wrong’, so I put my feet firmly on the ground and breathe in and out and think to myself that’s for crazy people and I like the stability of this ground I’m standing on. If you are reading this and are like me you might be thinking, ‘that’s exactly me!’ but there are many things we could learn from the risk takers out there, not to mention the spectacular views we’re probably missing.

Great leaders and entrepreneurs don’t become great by being predictable and playing it safe. There are positives in being consistent and all risks should have a level of consideration but in saying that sometimes it is easy to overanalyze. Anyone can talk themselves out of something and when taking a risk you can’t let yourself be paralyzed by the details. It might never be the perfect time, with perfect circumstances, but at some point you just have to go for it. Take the risk, take the plunge.

In saying that not all risks are meant to be to be jumped at; there are two types of risks in this world – calculated and un-calculated. So what is a Calculated Risk? By definition Calculated Risk is, “A risk associated with a certain course of action which has been given full consideration prior to making the decision to pursue action. This is usually done when the potential gain is greater than any potential damage that might occur.”

For example the insurance industry is designed around calculated risk. Car insurance companies base their rates on how likely you are to file a claim in the future, and they use a number of varying factors to determine that risk such as Driving History, Demographics, Your Credit-Based Insurance Score, Occupation, Location and lastly the type of Vehicle you drive. Taking all of these factors into account and Calculating these Risks they are able to determine the quote which they provide you with.

When it comes to risks you won’t win every time even when they are calculated and avoiding risks will definitely limit your chances of success. It’s impossible to know the future and the outcome of anything unless you have supernatural powers (if only). Before you take risks, always carefully calculate everything. Outweigh the pros and cons. If the pros are extensive, it makes sense to take such a risk, especially if it means the possibility of profit or growth. If you want to take a risk then make sure that the worst outcome is bearable, minimize issues that may arise whenever possible and have a plan B. If risks aren’t for you, try them in small doses. Try a test run before taking a big leap or a hot-air balloon ride before a bungee jump. This will allow you to see the possible outcome before the impact is too monumental.

Remember that sometimes a risk may turn out to be a setback. The challenge is to move forward while actively seeking and managing your calculated risks. There are no guarantees but it pays to learn from the others who have forged paths before you like Harley-Davidson, Apple and Google to name a few, they took risks that paid off big (see further reading).

I’ll leave you with this quote: “Often the difference between a successful man and a failure is not one’s better abilities or ideas, but the courage that one has to bet on his ideas, to take a calculated risk, and to act.” Maxwell Maltz

Further Reading: 8 Risky Business Investments That Paid Off Big:

http://www.onlinebusinessdegree.org/2012/06/26/8-risky-business-investments-that-paid-off-big/

Sources:

http://www.investorwords.com/19256/calculated_risk.html

http://www.dmv.org/insurance/how-auto-insurance-companies-calculate-risk.php

http://www.forbes.com/sites/martinzwilling/2014/08/27/10-startup-calculated-risks-that-lead-to-success/

About Sasha Anderson

Millennial Mom + wife living the hash-tag life. Remember: If You Fail - Fail Forward

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