Tuesday, November 30, 2010
For 3 great, great things
So much for 30 days
Tuesday, November 23, 2010
Innovation Systems and Capabilities in Developing Regions by Willie Siyanbola, Abiodun Egbetokun, Olumuyiwa Olamade and Boladale Adebowale
Wednesday, November 17, 2010
Waiting Patiently, Waiting Right
Tuesday, November 16, 2010
What’s value?
As I watched the coverage of the UK’s much-talked-about Royal Engagement on CNN earlier this evening, I just could not help asking myself, ‘Where will this end?’ Forgive my unholy curiosity but if you know what I know, you will most likely ask the same questions. The last royal wedding in the UK cost so high. Even though the total expenditure was not reported, we now know that the engagement ring was worth £30,000 in 1981 (the equivalent of today’s £85,700). How large is the ring? Just the size of a walnut. What is it made of? 14 small diamond pieces surrounding a sapphire. Who made it? London-based crown jewellers, Garrard & Co. The wedding dress, with a 25-foot train, was worth £9,000 in 1981. That’s roughly equal to £25,700 today – £4,700 more than what many a full wedding would cost today. Today, the average cost of a complete wedding is estimated at £21,000. That is clearly extravagant and shows, to me, some misplaced priority. The day of the wedding was declared a national holiday in the UK; and the whole world watched in awe (the estimated live audience for that wedding was over 750 million) as the world’s most famous royal family took among its ranks a beautiful damsel by the name of Diana Frances Spencer. Fifteen years and two months later, the marriage, despite its extensive celebration, ended in divorce. The story here begs a plain question: rather than spend that much on the pomp and pageantry surrounding the wedding, shouldn’t much more investments have been made into fidelity and honour on which the wedding should rest?
Well, a reflection of values it is!
In case you don’t know, the world is beginning to talk about the cost of Prince William’s wedding and where the money will come from; and somehow, the Royal accounts are not smiling. Pundits say that if the queen is not careful about dipping into the reserve fund built for her in the 1990s, it will run out by her Diamond Jubilee in 2012. To that end, total Royal Household spending is to be cut by 14 per cent in 2012/13 based on the Queen’s agreement; the £50,000 Christmas Party of Buckingham Palace has been cancelled and demands are being made by The Department for Culture for a 25% cut in maintenance costs for the palaces and Royal travel costs (this maintenance cost alone costs the Culture Department up to £15m annually). To make matters worse, the Royal Wedding is expected to come much ahead of the Queen’s jubilee, adding pressure to the government's depleted purses and further threatening the Queen's reserve funds. I can guess what you’re thinking: Can’t they simply reduce this spending? Must the wedding cost so much?
Well, I don’t know but it’s a question of value systems.
Earlier this year, Sweden's Crown Princess Victoria married her personal trainer Daniel Westling. The wedding took $11.4m of Swedish public funds – even in the presence of economic crises and the ongoing debate in the country over the future of the monarchy.
What do you make of all of these? For me, it’s a simple question: what does value mean to you, to me and to them?
Supported with material from http://www.channel4.com/news/prince-williams-wedding-who-will-pay and http://en.wikipedia.org/wiki/Garrard_%26_Co
Sunday, November 14, 2010
MEN THAT WILL SUCCEED 15: They Prize Counsel
‘Sometimes, a single conversation with the right person can more valuable than many years of study’. (John Mason)
Counsel does not mean advice. Most people take them to mean the same thing. They may be synonymous but they’re not the same. While advice is the adviser’s opinion, counsel is simply the counselor’s analysis or appraisal. Advice comes in pieces but have you ever heard anyone speak of a piece of counsel? An adviser tells you what he thinks you should or could do; a counsellor shows you the options and helps you understand them, then the choice is yours to make!
Anyone who is serious about success will care to know that the most important things are not people’s opinions (honest or not) but their sincere analysis or appraisal of you or what you do. That’s why sportsmen keep coaches. Imagine you are a sprinter. You just ran a race and came last. You meet your coach and all he has to say is, ‘You should have run faster.’ Days turn into weeks and he says nothing more. I can bet you won’t keep that coach.
But if he approaches you and says, ‘You didn’t make it out there because you didn’t run fast enough. Your steps were stiff and your thighs didn’t pump high enough. Again, you were landing flat footed.’ And then he goes on to tell you how to correct those errors. I bet you’ll keep that coach.
By now you should know how counsel differs from advice. People don’t succeed on only pieces of advice - just like you can’t live on pieces of food. You need meals. You need counsel. Your peace depends on it.
‘In the multitude of counselors there is safety’ (King Solomon)