IYB Consult Limuru Workshop

8/6/2019 IYB Consult Limuru Workshop

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IMPROVE YOUR BUSINESS CONSULT (IYB Consult)

The workshop was carried out between 2nd

and 3rd

Aug 2010 at St Benedict picnic site in

Tigoli. The workshop started at 9.00 am and was attended by 5 consultants.

Objective of the workshop

The main objective of the workshop was to bring the 5 consultants together to be able to

strategize and development an action plan. The objective of the workshop was to;1. Describe who we are

2. Where do we want to go3. To describe how we get there

The strength of the consultants

The five consultants consist of early retirees and normal retirees, the youngest in her 30swhile the oldest in his sixties. The team consists of Multi-displinary consultants who have

expertise in pre-retirement and experience in the following areas;

y MSMEs

y Business Management

y Education Management

y Counseling

y Strategic Planning

y Project Management

y Banking ± Financial Management

y ToT, ToF

y Curriculum development

y Proposal development

y R esearch and Evaluation

y Entrepreneurship

Registration

The team agreed to have a name with linkage with the former IYB-Kenya as it enjoys

goodwill with major international clients as well as ILO. The consultants settled on alimited company. Therefore, the company will be registered as IYB-Consult Ltd.



Ownership

The company will be owned by the team of five consultants namely;

1. M.L. Oneko

2.

B.M.C

hege3. E.A. Okone4. J.S. Onambia

5. C.Wadoyi

All the five directors are equal shareholders

StructuresThe team

Chairperson - Mike OnekoVice Chair - J.S Omambia

ManagingD

irector -C

hris WadoyiOperations Director - E.A. Oneko

Other Directors - B.M Chege

QuorumIn any meeting, there MUST be three directors with the Managing Director or Operation

Director in attendance.

IYB Consult proposed Contacts

P.O Box 60674 00200 NairobiTel: Safaricom and Telecom wireless lines

Email: www.iybconsult.co.ke [email protected]

Physical address

The team agreed to identify a venue that is quiet and accessible that can reflect positivelyon the company. Hurlighum was proposed by Onambia and was given the mandate

carryout a search for the same.

BankersThe team proposed opening an account with Stanchart as their first choice but with

alternatives of City bank and CBA

SignatoriesAll the five directors are signatories, any three to sign with the Managing Director as a

Mandatory



VISION AND MISSION STATEMENT

The team developed the company¶s vision and mission.

VISION STATEMENT

To be the leading enterprise development consultant in the lake region

MISSION STATEMENT

Capacity building powerhouse in the lake region

CORE VALUES, PRODUCTS AND MARKET

The team also identified the core values, the major products and the clients

CORE VALUES

1. We uphold integrity

2. We strive to Professionalism3. We are Customer-centered

4. We uphold religious values5. We believe in people

IYB Consult¶s Main Products1. ToTs/ToEs/ToFs

2. Pre-retirement training3. Strategic planning ± using

4. Curriculum development ± for enterprise development, e.g. DACUM5. R esearch and evaluation ± we use action-oriented research ± PICD, PR A, PIM,

PAR

Potential market

1. NGOs

y Plan international

y Mercy Corps

y Care international

y Swisscontact

y Action Aid

y Corepact

y World Vision

y ADR A

y AWF

y ILO

y SNV

2. Micro Finance Institutions

y MESPT

y KEPSA

y KWFT



3. Government institutions

y FKE

y DoD

y Special Programmes

y ASAL

y Youth development Fundy Women Enterprise Development Fund

y Kenya Police

4. Private institutions

y KIM

y Banks

y Insurance

y KQ

y BAT

y KBL

y EABL

y Kenyarailways

y KTDA

y KenyaPost

y K R A

y KPA

y R BA

y NSSF

y Telkoms

y NHIF

y TSC

5. Donors

y USAID

y DFID

y CIDA

y SIDA

y Worldbank

y GTZ

y DANIDA

6. Faith-based organizations

y NCCK

y CR S

y PCEA



The retiree book

The writing the retirees book is the brain-child of the IYB Consult. The team agreed toconcentrate on writing and launching of the book. The main aim of writing this retirees

book is to reduce the 90% vulnerability of retirees to 10% through training.

It is true that:1. with better planning we are able to improve our coping strategies

2. with positive investment we are able to earn3. with a positive attitude towards retirement we can live better during retirement

4. with stable emotional wellbeing ± spiritual , emotional and mental5. with proper adjustment and soflanding backhome we can adjust better to a new

station ± home is where your little heart desires to settle, it is where if you go back they take you in

6. with better planning we are able to development IGAs and/or business

Statistics indicate that within the first five years of retirement;

1. 1% of the retirees become rich2. 4% become financially independent and stable

3. 5% will be in full time jobs4. 12% will be broke

5. 29% die while6. 49% are dependant on family and friends

In the writing the books the team will carry out an impact assessment first to incorporate

the outcome in the book.

1. Impact assessment

I. Share with KIM and the objective

y DoD contact

y Goodwill

y Finance

y For partnership - Publicity, MarketingII. Access statistics of the people trained - DoD

III. Share with the DoD (Kiarangwa)

y Goodwill

y Fundingy Logistical support

IV. Identify sample questionnaire

y Geographical are coverage

y Gender

y R anks

V. Develop tools



y 5% successful retirees

y The trainees

y 49%unsuccessfull retireesVI. Pre-test the tool

VII. Data collection

VIII. Data analysis

2. Wrap up the writing of the book

PRE-RETIREMENT TRAINING TIMETABLE

The team developed a schedule for the retirees training which is slightly different from

the KIM timetable

Time Day 1 Day 2 Day 3 Day 4 Day 5

8.30 ± 10.30 am

y R egistration

y Introduction

y Climatesetting

y R ebirth of theeagle

y Stress andtime

managingy The 4

wellness

y Investment

y Business

options

Finance

y Cash

book y Costing

y Profit/loss

y Balancesheet

y Cashflow projection

y Field trip presentation

y R ecordkeeping

10.30 ±

11.00 am

Tea break

11.00 am-

1.00 pmy Introduction

to retirement

y Advantagesand

disadvantagesof retirement

y Case study Business plan

y Introduction

to business plan

y Marketing

y Operations

y Management

y Field trip y Backhome

business plan

exercise

1.00 ±

2.00 pm

Lunch

2.00 ±

4.00 pmSoftlanding

back home

y Familyexpectations

y Society

y National

y Postretirement

options

y R e-

employment

y Kungethia

y IGAs

Finance

y Cash book

y Costing

y Profit/loss

y Balancesheet

y Cashflow projection

y Field trip y Backhome business plan

exercise

y The seven

principles of the eagle

y Workshopevaluation

y Closing anddeparture

In the retirees training both spouses should encouraged to participate



Finances

The team in the mean time agreed to focus on the book writing and launching. For theoffice to be active, the team listed sources of funds that can enable them run the office

until next year. The team listed the following consultancy assignment that can fund the

company until after the launch.

1. DoD/KIM pre-retirement training

2. TOMT3. AWF

4. ToF ± Sudan5. ToF ± Sudan

6. Enablis7. KIB

8. R eal Options

Uses of funds

1. R egistration of the company2. Office rent

3. Furniture4. Conference table

5. Network



PLAN OF ACTION

ACTIVITY BY WHO BY WHEN

1.0 Organization structure

1.1 Update the CVs ALL 9th

Aug 10

1.2 Send the CVs to Operations Director ALL 9th

Aug 101.3 R eview and Update IYB profile E.O 17

thAug 10

1.4 R egistration M.O 13th

Aug 10

1.5 Acquire a website B.M 13t Aug 10

1.6 Buy telecom wireless and Safaricom lines B.M 13t

Aug 10

1.7 Physical address: Obtain an office J.O 9th

Aug 10

1.8 Open a current account with stanchart C.W 20 Aug 10

2.0 Review and updating pre-retirement

training materials

13th

Aug 10

2.1 What is retirement and what is notretirement

J.O

2.2 Advantages and disadvantages of retirement

y The statistics after retirement

M.O

2.3 Softlanding back home

y Family expectations

y Societal expectations

y National expectations

C.W

2.4 Managing stress and time

y Family stresses

y Self stresses

y Workers stresses

C.W

2.5 The 4 wellness

y Mental

y Physical

y Psychological

y Spiritual

C.W

2.6 Case study J.O

2.7 Post-R etirement Options

y Kung¶ethia

y R e-employment

y Investment and investment options

y IGA and IGA optionsy Business and business options

y Types of business

BMBM

BM

BMMOBM

2.8 Business Plan

y Introduction to Business plan

y Marketing plan

y Operations and Management

MO



y Finance and projections

y Business plan format

y Case study for wazi furniture

2.9 R ecordkeeping J.O

2.10 Field study format M.O

3.0 The Book 3.1 Submit rough draft of the books chapters ALL 13

thAug 2010

3.2 Compile 1st draft of the book E.O 20th

Aug 2010

3.3 Visit KIM M.O 13th

Aug 2010

3.4 Visit Bolo M.O 13th

Aug 2010

3.5 Visit DoD M.O 20th Aug 2010

3.6 Sample C.W 20th

Aug 2010

3.7 Developing the tools M.O 20t

Aug 2010

3.8 Pre-test tool C.W 10t

Sep 2010

3.9 Data collection M.O 17th

Sep 2010

3.10 Data analysis C.W 30t

Sep 2010

3.11 Wrap-up of writing of the book M.O 15th Oct 2010

3.12 Launch of the book M.O 8th

Oct 2010

Documents

IYB Consult Limuru Workshop