17January2018

Tids and Bits
AWiB Team

AWiB Team


AWIB presents "Understanding Finance for Better Wealth Creation", a three-session wkshp: What u need to know to build assets & make educated financial decisions both 4 u & 4 ur company as managers. Feb10, Apr 28 &Jun 23. Members 250 birr/session; nonmembers 500 birr. 20% discount if registered for all 3 sessions. RSVP at 0947350259

Understanding Finance for Better Wealth Creation

Session One: Financial terms to know and understand:

  • Budgeting
  • Cash Operating Cycle
  • Investment Appraisal Tools
  • The effects of foreign exchange movement (currency devaluation) on financial decisions What is the rational for currency devaluation?
  • The role of National Bank and other financial institutions in Ethiopia: Banks, insurance Micro finance institutions

Understanding finance for non-financial managers

  • Make better business decisions
  • Meet financial goals
  • Understand financial statements
  • Identify, solve problems and make financial decisions
  • Understand basic accounting principles and concepts

Session Two: Interpretation & Analysis of Financial Statements

  • Analyze the elements of an Profit and Loss (Income ) statement
  • Analyze the elements of a balance sheet
  • Cash Flow Statement

The role of ERCA and tax legislations & regulations in Ethiopia

  • Pension Scheme
  • Different types of taxes
  • Taxable and non-taxable

Session three: Personal Finance:

  • Saving schemes in Ethiopia, besides the saving accounts in banks, equb, eders etc and the benefits of joining such schemes.
  • Income Vs expenditure and living within your means?
  • The development of using debit cards in Ethiopia: use, advantage, disadvantage
  • The benefits of financial planners: pros & Cons

Most basic financial terms and concepts that everyone should learn?

  • Asset/Liability
  • Revenue/Expense
  • Profit Margin
  • Break Even
  • Net worth
  • Inflation
  • Liquidity
  • Solvency
  • Interest (simple & compound)
  • Fiscal Year
  • Profit Versus Cash
  • The time value of money and purchasing power gain (loss)
  • The psychology of money: why it matters and our relationship with money: to give it away or to horde it 

 

Wednesday, 17 January 2018 02:59

World Cafe ReCap

AWiB kicked off its monthly event this year with its annual “AWiB Listens” program entitled “Being a Woman in Contemporary Ethiopia”. Using a methodology called ‘World Café’, created in the late 1990s, it is a system that is geared towards fostering open communication and information sharing in a comfortable setting. This year’sAWiB’s World Café tried to get its audiences’ basic understanding of what it means to be a woman of this time and era, considering all the possible obstacles and prospects. The idea was to get members and non-members alike to give AWiB feedback as to how the association is doing, what it must do to improve and what additional programs and areas it must focus on advancing itself. Below are the three questions the audience was asked to answer and discuss as groups.

Wednesday, 17 January 2018 02:55

Branding: What’s In It For Me?

What do Haile GebreSilassie, Omo, Apple and Italy have in common? Brand Equity.

You recognize them easily. You want to own some of them and want to be associated with the others.

Haile is so famous that his face is easily recognized and his name is among the first manyrecall with athletics across the globe.Omo, is an ideal example of having a strong brand value to a point it’ssynonym to powder detergent in Ethiopia. When Apple releases its products, people line up outside of its shops for hours in winter to buy it the same day. Italy is the number one tourist destination for several years that it’s stillin the bucket list of many.

Empowering women’s leadership is trendy, but how can the movement get some real traction?

When it comes to leadership development, a focus on women is all the rage.

As an executive coach working with senior leaders in Fortune 500 companies, I have seen a noticeable uptick in the interest in developing female leaders. Companies are boasting about their efforts to attract and retain women, and we see more and more female-centric lists popping up: the most powerful women, spotlights on up-and-coming women, and companies where women want to work.

Source: https://www.fastcompany.com/3035263/why-most-leadership-development-programs-for-women-fail-and-how-to-change

Read full story

Tuesday, 02 January 2018 02:50

AWiB in 2017

Download and View the full Presentation, 

Monday, 01 January 2018 07:45

Changing the Guard

AWiB proudly presents our President for the year 2018—Metasebia Shewaye Yilma, affectionately known as Meti.Meti is a dynamic individual whose unrelenting character and creative mind will take AWiB several notches higher. There is a great deal to be expected from AWiB in 2018. AWiB, as every young but superbly dynamic association, is in transformation and hence most of the year’s agenda is based on Visibility& Branding. We are excited to have found this young woman, whose passion for life, leadership and women’s empowerment desperately needed to lead not only the organization but the many followers who are expecting more and more from AWiB.

Monday, 01 January 2018 07:37

New Forces of AWiB

AWiB is progressive and proactive. AWiB self-reflects and transforms. AWiB faces challenges strategically and ensures sustainability. AWiB’s Strategic Leadership Team – SLT – is a concrete evidence of its tenacious yet adaptable character. The SLT is responsible for recruiting AWiB’s 2017 and 2018 board through rigorous process using detailed criteria.

The first batch of board members recruited by the SLT, Metasebia Shewaye Yilma (2018 President), Mekuriayenesh Abebe “Maki”, Sara Tadiwos, Semhal Guesh and Sewit Hailesilassie, have served AWiB in 2017. As there was no president in 2017, top leadership was rotating throughout the year so all board members could get the opportunity to exercise presidency as month leads. In September 2017, they warmly welcomed 4 new board members for 2018; Adanech Kebede, Felekech Biratu, Marthe Ngozu and Tsedey Tefera.

Saturday, 16 December 2017 03:14

This Is My 2018 Work Resolution

Many people use the new year as an opportunity for self-improvement. They take a look at what they want to fix in their lives and make a resolution to do better.

In many cases, those resolutions are personal. People resolve to lose weight or to spend more time with their families.

But you can also use the turning of the calendar as an opportunity to improve your work life as well. There are many ways to do that, and even if you're an excellent performer, there's always room to grow.

Saturday, 16 December 2017 03:05

End of the Year Monthly Meeting Recap:

As always, the last month of the year meeting was bid farewell with the gathering of our phenomenal 2017 Women of Excellence (WOE) nominees W/o Ellene Mocria, W/o Lidya Tafesse, Professor Yalemtsehay Mekonnen and the 2017 WOE Titleholder W/o Anna Getaneh. It was a cosmic event not to be missed, with an intimate set-up where all attendees got to personally interact with our titleholder and nominees.

We were divided into four groups with each group having one of the 2017 WOE as their focal point. You could hear laughter, see admiration behind the thoughtful questions being asked as each group interacted with our honored guests. Each honored guest got to rotate and meet eagerly awaiting attendees within each group. Below are some of the interesting questions that our 2017 WOE were asked:

‘AWiB Listens’ is an evening of life-giving conversations that you can shape. AWiB is inviting you for the fourth time this January and AWiB will listen.

Held in the past four years, it received a significant response from members and non-members, as it challenged one’s mind at different levels and fostered friendships that are still evolving.

Again, this World Café will enable those present to network with women who have never met before, but have something in common. This year AWiB President Metasebia Shewaye Yilma and Sewit Haileselassie will be facilitating this unique conversation.

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AWiB would like to proudly acknowledge its partners for the year.

2015-2016