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Finding Meaning & Purpose in Your Work
FINDING MEANING & PURPOSE IN YOUR WORK

Having a sense of purpose in one’s life is an essential aspect of well-being, this should also transfer to your work. Having or finding your purpose in your job is an important component in your everyday life. For the most part, we spend the majority of our lives working. In fact, studies show that on average we spend up to 80,000 hours working over the course of our lifetimes. It’s no surprise that most people seek out more meaningful and fulfilling jobs. This makes complete sense seeing as we spend so much of our lives and energy working, we might as well enjoy what we do. Finding a sense of purpose in your work is a continuous process as things change over the course of one’s work life. It is important to constantly re-examine your goals and your personal values in order to re-establish your career’s purpose. In this article, we’ll look at some of the ways you can find meaning and a sense of purpose in your work.

  1. RECONNECT & RE-GROUP

A great way to find meaning and joy in your work is by being introspective re-examine why you initially began working in a particular field. Think of what attracted you to the job, the things about the job that initially exited and why. Sometimes after working the same job for a number of years the initial excitement fades away and your work may seem like another mundane task. In other instances, your priorities may shift and this is why introspection is important knowing that the person you are today still finds interest in their job and still prioritises it. Also make a point to find new reasons to love your job as it will result in a more purposeful and fulfilling work life.

  1. FOCUS ON YOUR PASSIONS

Sometimes, it may not always be possible to find work that perfectly aligns with your passions. However, there are ways to incorporate your passions into your work. As you work, find small ways to integrate your values and the things you’re passionate about in to your work. By doing so, you’ll be able to derive more meaning from your work. As the saying goes; “If you do what you love, you’ll never work a day in your life.”

  1. MAKE MEANINGFUL CONNECTIONS

By nature, we are social beings and we derive meaning, purpose and fulfilment from the various connections we make throughout our lives. The same is equally true with the connections we make while at work. Having high-quality work relationships boost morale and offer a sense of community. When we feel close and connected with our colleagues we strive to ensure that we do our best on team projects and individual assignments in order to ensure the success of the team and the company as a whole. Having the desire to uplift our colleagues and creates a culture of support that helps one feel fulfilled in their work.

  1. SHARE YOUR TALENTS

When you’re good at your job, naturally, people tend to gravitate towards you and are eager to learn from you in order to better themselves. Knowing that others look to you for mentorship adds new meaning to your professional life. Working towards bettering your work for the purpose of helping others improve is a selfless way to find purpose in your work. It motivates you to keep showing up because you know that others look to you and are counting on you.

  1. ENJOY THE JOURNEY

For the most part, we tend to focus on the destination rather than the journey in our professional lives. By doing this, we get caught up in climbing up the corporate ladder and end up missing important details along the way. Of course, we all want to succeed and grow in our careers, however, remember to appreciate the small wins and the lessons along the way. Take pride and joy in your personal goals and celebrate the achievements of others. These moments however small they may seem are those that we will look back at with joy.

Remember that having a sense of purpose and meaning in your work is a great way to boost productivity and achieve better results. When you love the work you do and derive purpose from it the passion is evident in the quality of your work.

https://www.forbes.com/sites/tracybrower/2019/08/12/want-to-find-your-purpose-at-work-change-your-perceptions/

https://www.linkedin.com/pulse/three-ways-find-meaning-your-job-gaj-ravichandra

Pitching an idea to your boss
PITCHING A STELLAR IDEA TO YOUR HIGHER UPS

In today’s corporate arena, many employers operate on an open-door policy and even encourage their employees to come up with and share their new and innovative ideas. Proactive employees are often considered for new opportunities as they have shown their ability to take initiative when it comes to ensuring the company’s success. A major part of having a good idea is being able to sell it. You could have the most innovative idea however if you’re unable to effectively pitch your idea to those who have the resources to aid in the execution of your idea then you will find limited success. Remember ideas are useless unless action accompanies them. In this article, we’ll take a look at some of the steps you could take to ensure you successfully pitch your idea to your higher-ups. 

  1. DO YOUR RESEARCH

So you’ve spent some time brainstorming and you finally have your lightbulb moment. The next step is to carry out market research and understand where your idea fits. This means you must ask really targeted questions and evaluate the possible financial benefits. Answering these questions will enable you to present a well-rounded idea.

  1. PREPARE A PRESENTATION

When sharing your idea, it is important to have a visual aid. Be creative with your presentation. This will help your audience to better understand your idea and showcase your commitment to the project. Ensure that your passion and enthusiasm shines through the presentation in order to be more persuasive. Remember that a stellar idea presented with confidence is the key to a successful pitch. 

  1. PICK THE PERFECT MOMENT

When presenting a new idea to your employer, timing is everything. If you catch your boss during a busy moment the likelihood of getting helpful feedback is low. Try to schedule a meeting with your boss when you are both free and able to discuss your ideas without any interruptions. The undivided attention you receive could help you refine your idea and point you in the right direction.

  1. EMPHASISE THE RELEVANCE OF YOUR IDEA

Before pitching your idea to your employer ensure it aligns with the company goals. You can do this by showing the impact your idea may have on the company’s bottom line. This is a great tactic to propel your career and put you on track for leadership roles as well as promotions.

  1. ASK FOR FEEDBACK

Seeking your employer’s input on your idea is important for giving you direction. remember they are familiar with the overall company goals and can contextualise your idea.  make use of the experts around you.

  1. TAKE THE LEAD

After pitching your idea be prepared to take on the responsibility of leading its realisation. This means taking up the responsibility of organising and executing various logistical plans that relate to your idea. It will be helpful to have a plan for the first few steps before your first pitch. This will increase your chances of success and give you an idea of the expectations that come with your project  This will free up your employers from the responsibility of heading the project themselves.  This extra mile usually makes the difference between an idea that gathers dust on the shelf and one that is seen through to fruition.

https://www.liquidplanner.com/blog/pitch-new-idea-boss-5-steps/

https://www.themuse.com/advice/how-to-successfully-present-to-a-higherup-at-work-without-freaking-out

https://www.forbes.com/sites/chriswestfall/2019/08/05/pitch-your-ideas-boss-7-proven-strategies-for-success/?sh=697bbaa0193c

Company Auditors
Company Auditors: Who are They and What do They do?

Section 717 of the Companies Act 2015 states that an auditor in a private company must be appointed for each financial year unless the company’s directors resolve otherwise that an audited financial statement will be required. According to the Act, failure to appoint a company auditor must be reported to the Cabinet Secretary within 7 days. Failure to give this notice is a criminal offence. Company audits are an integral part of a company’s management process. Audits provide credibility to a set of financial statements and they give both the shareholders as well as the government confidence that the accounts are legitimate and fair. Audits also help to improve a company’s internal systems and controls. In this article we’ll look at some of the duties of company auditors and why company audits are so important.

  1. REPORT ON A COMPANY’S ACCOUNTS

Company auditors must give a true view of the company’s state of affairs and profit or loss of the company for that financial year. In their reports auditors must disclose whether the annual financial statements have been prepared using the relevant frameworks. They must also give a report of whether the company’s financial reports have been prepared in accordance with the requirements of the Companies Act 2015.

  1. ENSURE PROPER COMPANY DOCUMENTATION

When making their reports, company auditors must ensure that their reports contain statements of whether they obtained all the information necessary for the audit. They must also keep true and proper books of a company’s accounts. This means that they must ensure that the balance sheets as well as the profit and loss accounts are in accordance with the books of accounts and that they are true and accurate representation of a company’s state of affairs.

There are numerous reasons why company auditors play a major role in ensuring that a company’s internal systems are legal and in compliance with the set laws. Company auditors are important for the following reasons:

  1. DETECT AND PREVENT FRAUD

Recurring annual analysis of a company’s financial operations as well as maintaining strict internal control systems play a major role in the detection of fraud and irregularities. Auditors help companies with the modification of their internal control systems which keep companies in check in order to avoid a world of legal trouble. In addition, companies that are known to have diligent and rigorous audit systems deter potential acts of company fraud by employees or partners.

  1. ENABLES COMPANIES TO FULFIL THEIR BUSINESS OBJECTIVES

Companies with effective audit systems are able to pursue and obtain their various corporate objectives. When a company’s internal processes are under constant surveillance and monitoring, it is easy to maintain adequate records. These well-kept records promote operational productivity and helps companies to improve their function in the areas that may not be doing well.

  1. RISK ASSESSMENT

Auditors are tasked with calculating the possible risks of the mismanagement and misstatement of a company’s financial records. Lack of a proper system of internal controls such as an audit system can prevent interfere with a company’s financial reports. This would make it difficult for a company to adequately allocate resources to its various departments making it difficult to accurately determine how well the company is doing. Lack of proper auditing leaves the company vulnerable to legal and financial problems which would otherwise be prevented by having proper control systems.

6 Tips for Young Entrepreneurs
6 TIPS FOR YOUNG ENTREPRENUERS

Today, many young people are turning to business and entrepreneurship as a means of achieving financial independence. Now that we are well into the digital age, entrepreneurship is more accessible than ever and it is far easier for up and coming business owners to achieve success. Everyday more and more individuals are starting businesses on social media and offline. In this article we’ll look at some business tips for young, up and coming entrepreneurs.

  1. HOLD ON TO YOUR DAY JOB

When most young people begin their entrepreneurial journey, they are often eager to dive head first into the field, leaving everything behind for their new venture. For some this can even mean quitting their current jobs or even dropping out of school. As exciting as it may seem, it is not the best idea when one is just breaking ground on their business. The business economy can be highly unpredictable because trends change and evolve very quickly. It is safe to keep your current job while working on your business so that you can have an income to rely on and something to fall back on should things not work out as you expected. As an added bonus, funding is a main component in setting up and running  business. While receiving an income, you can fully focus on building financial structures and re-investing in your new business without withdrawing incoming revenue.

  1. PREPARE FOR LONG HOURS

Before you reap the benefits of a successful business venture, you must be prepared to put in the work. This means having to work harder than you’ve ever had to. Studies show that most business owners on average work twice as much as their employees. This means taking time to learn about the market you’re venturing into, the do’s and don’ts while, learning how to successfully manage a business. You could even sign up for short business courses to give you an extra advantage.

  1. FIND YOUR TARGET CUSTOMER BASE

When starting a business, it is essential to know your target customer demographic. This will enable you to effectively advertise your business. You can do this is by sending out surveys and questionnaires and  collect data about what your customer like, how you can better appeal to them. This way, you will be able to acquire valuable feedback and restructure your business goals accordingly.

  1. NETWORK

No man is an island; the saying is especially true when it comes to successfully starting and running a business because it provides an avenue to exchange ideas and learn from those who have managed to pull of this great feat. In addition, networking can open up more opportunities for growth and collaboration with other likeminded individuals.

  1. MANAGE YOUR FINANCES

Poor financial planning is one of the leading causes of business failure. This can easily happen when staring a new business due to the high cost of starting expenses. Of course you must spend money to make money when you first venture in to the business arena however, you must not let your spending get out of control. The last thing you want is to launch your business and have a tonne of debt. One way to avoid this is by raising funds before you begin or even asking friends and family to invest in your business to give you a leg up.

  1. CAPITALLISE ON YOUR PASSIONS

The fact of the matter is that the entrepreneurship journey is not easy because it is so challenging and you are likely to encounter many setbacks on your way to the top.  This is why it is so important for you to actually love what you’re doing. Focussing on your passions and areas of interest to start a business is the best motivator to keep you going despite the ups and downs. For instance, if you’re keen on environmental issues and climate change, starting an eco-friendly company would ensure that your passion for saving the environment motivates your success.  When starting you’re a small business, you want to ensure that your products are passion based as well as meeting the demands of the current market. As the saying goes when you do something you love, then you’ll never work a day in your life.

https://businessteaching.net/tips-for-young-entrepreneurs/

https://www.forbes.com/sites/forbeslacouncil/2019/08/12/five-tips-for-young-aspiring-entrepreneurs/?sh=23d4179d155c

Setting and sticking to new year resolutions
SET AND STICK TO YOUR NEW YEAR RESOLUTIONS

It is an ‘unspoken’ tradition at the beginning of every year to come up with a set of New Year resolutions. We sit down, take note of and, examine our lives. We think about what we’d like to change and improve so, we set ambitious goals we hope to achieve at the end of the year. Naturally, the same goes for business owners, company heads and entrepreneurs. These goals often sound like “this is the year my business will take off”, “this is the year we hit that financial goal”, “this is the year we expand”. However, by the time the end of the year rolls around, we look back and we have barely accomplished these goals. Thus re-starting the cycle of putting these goals off for the next year. The thing about goals is that they are just a list of wishes that can only be realised when matched with effort, time and hard work. In this article we’ll look at some of the ways in which you can stay on track and stick to your business and career goals.

  1. BE REALISTIC

Every business owner wants to achieve various financial goals and bring in money from their business. Most especially you want to grow and branch out. You must remember to remain realistic so as to avoid disappointment and quit your race. For instance, set a financial goal based off the profits you made in the previous years and aim to do better. If you’re an entrepreneur just breaking into the business, you could begin by setting small monthly goals that you keep up with. Remember the smaller and more realistic the goal is, the more likely you are to achieve it. The more goals you achieve, the bigger

  1. KEEP TABS ON YOUR GOALS

After setting your business goals, it is important that you keep referring back to them to ensure that you’re still on track. One way to do this is by taking some time during company meetings to address these goals and find out where everyone is in relation to the set goals. This mission driven stratiegy will motivate everyone to work hard towards achieving these goals. Ensure that all your activities are in alignment with your goals and take small steps each day to make sure you follow through. When you make decisions and take action based on your goals, you are more likely to ‘fail forward’.

  1. SHARE YOUR GOALS

Sometimes setting goals and actually following through on them can be very difficult especially if we have no one to hold us accountable. Sharing your goals with a trusted individual(s) with a great work ethic and mind-set can be very helpful in this case. This could be family members, friend(s) or even trusted colleague(s). Sharing your goals creates another level of accountability and expectations. The knowledge that other people are aware of your intentions and are there to help you allows you to stay focused on the actions steps. While this trick can be effective, remember you’re the most important componenent. Don’t saddle yourself down with judgements and fears of disappointing your accountability partner. You can’t shame yourself into your dream life!  

  1. DELEGATE TASKS

When running a business, it often feels like you have to carry the all the weight of ensuring that goals are met. This is not the case. Business or company goals are a team effort. Delegate responsibility to other members of your team and staff – have them set goals based on the main business goal.  You’re more likely to achieve goals by properly delegating tasks in addition, it promotes employee satisfaction by promoting a sense of purpose.

  1. GIVE YOURSELF A PAT ON THE BACK

When you finally accomplish your goals – especially the small ones, be sure to treat yourself. Celebrating yourself and your milestones is an important aspect of achieving goals. It boosts your confidence and encourages you to set even more ambitious goals. Motivate yourself by celebrating your journey forward. Making resolutions and sticking to them is no easy feat and so it is essential you appreciate the effort you’re making.

We all have goals and ambitions we hope to accomplish in this new year and that’s fantastic. At the end of the day however, it is up to you to ensure that you stay focused and disciplined enough to achieve your goals. These tips are to make your strategy  more structured but only if you put in the work as well. Hold yourself accountable and have the end goal in mind and you’ll be sure to see some results at the end of the year.

Mediation and Conflict resolution
Mediation & Conflict Resolution in the Workplace

When working in close proximity with others on a daily basis, disagreements and disputes are expected to come up. Naturally, people with different personalities and different backgrounds will have different ways of handling situations. Disputes usually occur when one or more people fail to come to an acceptable agreement on a matter. In some cases these conflicts are one-time occurrences and resolve themselves however, in other situations intervention is required to prevent the situation from escalating. Every employer has a duty to provide a clear, well written procedure on how to handle disputes. Generally, most companies will have Alternative Dispute Resolution (ADR) as an option before turning to legal solutions. This is because ADR is both cheaper and less time consuming. In this article we’ll look mediation as a mode of resolving office disputes.

WHAT IS MEDIATION

Mediation is the process where a third party i.e. a mediator, essentially, helps parties to settle their disputes by a process of discussion and narrowing differences. The mediator helps the parties to arrive at an agreed solution. In Kenya Mediation is provided for as a mode of dispute resolution under the Mediation Act of 2020.

ADVANTAGES OF MEDIATION

  1. Confidentiality

One of the many advantages of mediation is the benefit of confidentiality. Mediation is a confidential process. Mediators cannot disclose any information revealed during the mediation process. Mediation is a private process and not subject to public knowledge and possible media attention as can be the case with civil litigation. This way matters can be handled privately.

  1. Time & Cost Effective

Mediation is a quick and inexpensive method of dispute resolution. Mediation generally takes less time to complete, allowing parties to find a solution sooner than going to court. This saves the company’s resources and time.

  1. Preserves Working Relationships

Many disputes occur in the context of ongoing work relationships due to various infringements of employees’ rights.  Mediation provides an avenue to address all parties’ interests while also preserving working relationships in ways that would not be possible in a win/lose decision-making procedure i.e. in court proceedings. Mediation can also make the termination of a work relationship more amicable.

  1. Autonomy

Mediation gives parties autonomy over their negotiation process. Parties who negotiate their own settlements have more control over the outcome of their dispute. Parties have an equal say in the process. There is no determination of fault, but rather, the parties reach a mutually agreeable resolution to their conflict.

  1. Focuses on Parties Interests

In court litigation or arbitration, the outcome of a case is determined by the facts of the dispute and the applicable law. In a mediation, the parties can also be guided by their interests. As such, the parties are free to choose an outcome that is oriented as much to the future of their relationship as to their past conduct. When the parties refer to their interests and engage in dialogue, mediation often results in a settlement that creates more value than would have been created if the underlying dispute had not occurred.

As a company it is important to have an established mode of dispute resolution that can be turned to before things escalate and parties end up in court. Should you like to explore your options, the Kenyan Chartered Institute of Arbitrators and the Dispute Resolution Centre and Mediation Training Institute are currently the main bodies that offer

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