Convention 2019

11/02/2019

Why it pays to keep your firm small

By Business Daily

Bigger is
better. We grow up with such a mentality. We have an evolutionary bias
to favour bigger objects. We prefer taller people, we want the biggest
car and the grandest house, and we desire larger institutions.

From
an evolutionary perspective whereby our brains developed to survive in
the ancient rift valley with lions, buffaloes, and snakes as our
prehistoric adversaries, bigger human development meant safety, security
and peace of mind.

But in today’s world, does bigger
still mean better? Many social scientists, organisational behaviourists,
and industrial psychologists would argue no, not anymore.

Since
social science research on non-profit organisations in the 1990s
established three phases for NGO development, researchers and
practitioners alike debate which phase yields optimal results. An NGO
may start in the grassroots phase and eventually move on the
professional phase followed later by the institutional phase.

Even
since the 1990s, researchers, such as Joann Carmin and others, noticed
that grassroots non-profits yielded faster and unique results, but
institutionalised NGOs yielded slower but expected, sustained and
meaningful broader results.
A grassroots non-profit might be a small
health clinic near Ole Polos run by volunteers, funded by the community,
and provides emergency snake bite antidotes for those in the
surrounding area.

If that small clinic began to grow,
hire professionally trained individuals to run it in different
departments, such as CPAs in the finance department, licensed medical
doctors in triage rooms, etc, then that clinic would be on its way to
the professional phase of non-profit development.

Finally,
if that once small clinic grows to the size of Aga Khan University
Hospital complete with processes, procedures and several locations, then
it becomes institutional.

But what about our
post-secondary education sector? A small catering school for community
youth grows from grassroots to professional by broadening its offering
from just catering to also include computer literacy classes,
bookkeeping, and driving classes then enlarges to a large private
multi-location organisation, it becomes institutional.

Whether
a non-profit stays at the grassroots, professional, or institutional
phase depends on its strategy: whether to have breadth of outreach or
depth of mission.

Many organisational development
practitioners argue that the professional phase yields the highest
quality results with low bureaucracy whereby grassroots sacrifices
quality and institutional heaps mounds of slowing uncreative
administration, paperwork, silos, and internal chiefdoms.

A
distinct movement within America that has proliferated for more than
150 years and still continues strong to this day argues that smaller
institutions prove better for collegiate learners.

The
liberal arts college movement focuses on small class sizes,
personalised student attention, broad array of classes taken, full-time
lecturers, and all leading to more well-rounded minds of graduates.

Some
famous universities that consciously decided to stay small with high
quality rigour and outcomes include Williams College, Amherst College,
Swarthmore College, Wellesley College, Middlebury College, and Wesleyan
University, among many others. Employers snap up graduates from top
liberal arts colleges quickly.

One could easily argue
that doctoral level learners need the resources and diversity of mentors
that comes with a large institution. But do we sacrifice quality for
our younger university learners as we get larger? Are we well-served by
medium to gigantic public and private post-secondary institutions?

Do
we have small private high-quality liberal arts universities that focus
exclusively on excellent teaching and results for only undergraduate
students?

Is this an important niche that we lack? If an institution is not-for-profit, why obsess about growth, growth, growth?
Let us quiet the clamour for bigger is better with university extension campuses on top of restaurants in high rise buildings or huge main campuses that lose the human-to-human feel and let us start obsessing about quality, quality, quality in our higher education and the commensurate results.

Source: https://www.monitor.co.ug/Business/Finance/Why-it-pays-to-keep-your-firm-small/688608-4974550-7g0f07z/index.html






 
Latest Feeds
 
 

 

Over 46,556 employees, interns skilled under Skills Development Facility (SDF) in 2.5 years

KAMPALA, UGANDA- The Government of Uganda received credit from the World Bank towards the implementation of the Uganda Competitive Fund for employer-led shortterm training (Uganda Skills Development Fund –USDF).  The Ski...
by wmutenza
0

 
 

How Okiror is reaping millions as an agricultural agent

By Esther Oluka Esther Ruth Okiror did not go very far in her education. She dropped out of Kangole Girls Senior Secondary School, Moroto District, in first term of Senior Three, at the age of 17 years. This was in 1981. “I f...
by wmutenza
0

 
 

First fully digital bank launched in Uganda

By MARTIN LUTHER OKETCH KAMPALA. Standard Chartered Bank has launched Uganda’s first fully digital bank. Uganda becomes the second country in Africa, after Côte d’Ivoire to get a fully digital banking system. The system, w...
by wmutenza
0

 

 

Central Scotland’s First Rum Distillery to Launch Crowdfunding Campaign in Response to Demand

Following overwhelming response to the launch of Central Scotland’s first rum distillery, Matugga Distillers is launching a £30K crowdfunding campaign.   Since the opening of the distillery in October, husband and wife ...
by wmutenza
0

 
 

THE IMPORTANCE AND RELEVANCE OF FRUGAL INNOVATION IN UGANDA

, Lecturer in Marketing School of Business, University of Leicester Exploring the nature and prospects of frugal innovation in Uganda and what are the opportunities that exist to foster frugal innovations in Uganda.   Dr W...
by wmutenza
0

 

 

Hon. Amongi Betty Ongom (MP), Minister of Lands on policies, legal frame work…

The Minister gave an overview of the housing sector in Uganda. She appreciated the fact that this year’s convention attracted a number of development companies from Uganda including Jakana heights, Roofings Ltd Uganda, Comfor...
by wmutenza
0

 
 

Lessons learned from the Uganda-UK Convention | Ade Daramy

By Ade Daramy, Writer, Broadcaster and Press Officer Is one question I will always get asked at least one question: “You’re not a Ugandan, and yet, you are here every year, why is that?”.   Ove the years, my answers ...
by wmutenza
0

 

 

Message from Vice Chairman, Uganda-UK Convention – Bernard R. Magulu

By Bernard R. Magulu, Executive Director, Bank of Africa (Uganda), (Vice Chairman, Uganda Convention UK) “Uganda the Land of Opportunities, Landlocked but Road Linked” the 360% Geographical Orientation for Investors providi...
by wmutenza
0

 
 

Examining free trade agreements (FTAs) and boosting intra-regional trade

Examining free trade agreements (FTAs) and boosting intra-regional trade Nicholas Tate, Managing Director, Tate Freight Forms Ltd. www.just-trade.co.uk In considering the positives and negatives of key agreements, are trade blo...
by wmutenza
0

 
 

Harnessing the potential of the youth to accelerate economic growth.

Presentation: Dennis Aguma, Lecturer, Kingston University, London Doctoral Student (PhD Entrepreneurship) Birmingham City University. In light of Uganda’s demographics, Dennis Aguma’s presentation was intended to challenge...
by wmutenza
0

 

 

Untapped investment opportunities Manufacturing | Agri-Business Health and Service industry

Panel discussion: untapped investment opportunities Manufacturing | Agri-Business | Health and Service industry Discussed points What are Africa’s Export Opportunities and Challenges to European and North American markets? Ho...
by wmutenza
0

 
 

INVESTMENT OPPORTUNITIES IN CONSTRUCTION, INFRASTRUCTURE AND REAL ESTATE

INVESTMENT OPPORTUNITIES IN CONSTRUCTION, INFRASTRUCTURE AND REAL ESTATE Panel discussion: 3-4 industry lead speakers from UK and Uganda HOUSING: Understanding market demand, and addressing the disconnection between the price o...
by wmutenza
0

 

 

Outlining the UK’s export growth strategy – Lord Dolar Popat

PRESENTATION: UK TRADE AND FDI – Outlining the UK’s export growth strategy By Lord Dolar Popat, UK Prime Minister’s Trade Envoy to Uganda and Rwanda   How can investment by the United Kingdom help improve skills in U...
by wmutenza
0

 
 

2018 | Welcome remarks: H.E Amb. Julius Peter Moto Uganda’s High Commissioner to the UK

H.E Amb Julius Peter Moto welcomed everybody to the 8th Annual Uganda – United Kingdom Trade and Investment Convention. He stressed that Uganda High Commission and Government of Uganda is happy to associate with Uganda UK Con...
by wmutenza
0

 

 

Thank you for supporting the 8th Ugandan Convention-15th Sept2018!

The Uganda UK Convention wishes to express its deepest thanks to Hon Betty Amongi Ongom, Minister of Lands Housing and Urban Development, Uganda and Lord Dolar Popat, UK Prime Minister’s Trade Envoy to Uganda and Rwanda. The ...
by wmutenza
0

 



0 Comments


Be the first to comment!


You must be logged in to post a comment.


The Latest