Time matters, but the true key to clearing dark water is the steady flow of clean water pouring into it, diluting the thick darkness until it is completely pure.
In the same way, time alone isn't enough. You need the pure water of God's Word flowing through you continuously to make you pure.
Twitter come and do your thing again!
My extremely smart and hardworking cousin became a chartered accountant while in Uni. She was posted to Lagos and her PPA rejected her. She has relocated from Enugu to Lagos and is now stranded.
Biko, help me. kindly reach out if you know anyone hiring corp members for accounting or financial roles or if your company is receiving corp members at this time.
Kindly DM, send emails to apply to and RT for reach
@tosinolaseinde@AkinMoses1 help 😭🤲🏾🤲🏾🤲🏾🤲🏾🤲🏾🤲🏾
Her CV⬇️
This is called a guesstimate or market sizing question! We were taught in first year of undergrad.
There are 2 approaches:
1. The Top-Down Approach (The Funnel)
2. The Bottom-Up Approach (The Building Blocks)
Here is how to solve it using either approach:
With the Funnel, you start with a large, known population and filter it down using logical assumptions.
So with this question I’d
- start with an estimate of Ghana's total population which is around 30 million
- then I’d divide by average household size using 4 people per household. It then becomes 7.5 million households
- then assume that not every household has electricity, so maybe about 75% of the households do. That’s 5.6 million
- then assume that a home has an average of 6 bulbs (one sitting room, two bedrooms, one kitchen, one bathroom/toilet, one outside)
- then assume they replace 50% every year, that’s 3 bulbs bought each year by each household. That’s 3 * 5.6 million. That’s 16.8M bulbs
- but there are also non residential buildings. So I’d use a factor of the household number I already estimated. Say 25%. So 25% of bulbs bought by households are also bought by offices, streets, churches, schools, shops etc. That’s an additional 4.2 million bulbs
- then sum those two together. Thats 16.8 million + 4.2 million. That’s 30 million bulbs each year.
The trick is to be logical, make clear assumptions, and explain why it makes sense. There is no single correct answer. Just the correct analytical method and reasoning.
Can also walk through the bottom-up approach if it’s of interest.
The company I worked in had 3 rounds of layoffs in my 10 years there.
Here are my observations in general
1. If your department is getting too big with many people being recruited, be careful. During layoff, your department’s hair may be the first to be shaved. There were only 2 of us in tax. About the only department not affected in all the three rounds. A number game.
2. If you are doing same work and your pay is continuously rising due to general annual payrises over time, egungun be careful. A young guy that will do that work for less your pay and grow may be favoured during layoff
3. If you are in Admin and other less technical roles, be careful. Especially if your pay is high
4. If you have had issue with a senior Oga before, be careful
5. If you have great interpersonal skills, it may save you. Grapevine had it that someone was in the layoff list until the eve of the layoff day was spared because of this soft skill. Name removed and they were posted to another department where their non-technical but human skill was considered a strength.
6. If you are multi-talented, it may save you. If you’re an accountant, for example, be the MC at your corporate event, volunteer for roles, participate in other activities. Don't likit yourself to accounting job.
7. Corporate institutional memory residing in you may also save you. You led an ERP change process? You led a major project? You’re the go-to for some fixes? But this may not be enough if a younger guy that worked with you is considered ripe enough.
8. Finally, plenty bootlicking . But not always enough. In fact, it may work against you if power changes hands and the camp you have been bootlicking are gradually eased out. I know someone stuck in one role because of this.
I first posted this last year.