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“eHorizon eBoard has added value to our organization in terms of our board meeting management processes. It is a great system that has greatly helped our organization in making our board directors proactive.”

Ms. Leah Mumbi- Head of ICT, Industrial & Community Development Corporation

Established in 1954, ICDC has over 60 years of experience and stability in promoting projects that create wealth and jobs for Kenyans in diverse sectors of the economy. We enjoy a heritage of expertise and stability as we promote businesses with the potential to become tomorrow’s blue chip companies. These include Manufacturing, Agro-processing, Energy, ICT, Infrastructure, Financial services and Education sectors.

THE CHALLENGE

WHY SOFTWARE TECHNOLOGIES LIMITED

Leah Mumbi, ICT Manager, states “I like that you are always upgrading the system. The system is constantly adding value to our organization. I feel like we are heard when we see the new updates put on the system. Once I saw the demo, I didn’t think twice about Software Technologies. She also highlighted the impeccable support Software Technologies provides.

RESULTS

Continuity and overall board management: With eBoard, there is continuity in managing the board’s processes. “With the Resources tab we don’t have to worry about where previous documents were stored, print previous bulky board packs as they are easily available” Leah mentions.

Easy updating and sharing of board papers: By providing the board with a central document repository, ICDC has seen an ease in the sharing of board papers. Leah is now able to share corrected documents from any board pack at any time. “I don’t have to worry when I have to send a corrected document, because I am sure everyone will be notified and it will be displayed on the homepage and stored in the briefcase.”

Ensured 24/7 secure access to data from anywhere in the world: Board members have all time access to the meeting pack. “Board members are prepared for the meetings and the CEO mentioned he had observed a sense of proactiveness among the directors.” Leah states.

Savings on time, money and resources: Previously, the organization’s time, printers and paper reams were all excessively used in preparation for board and committee meetings. With eBoard, ICDC has saved close to 50,000 USD in printing and distribution costs. They also continue to make an environmental impact by using less paper and saving more trees.

Data Security and Confidentiality: “eHorizon eBoard is a secure platform and when we use it, we are sure our documents are secure.” Leah states. Software Technologies is ISO 27001 certified and the management systems put in place maintain world class standards of information security.

 

The rise of a successful entrepreneur

It is with great sadness that we announce the death of visionary entrepreneur Jyoti Mukherjee, CEO of Software Technologies Limited (STL). Mukherjee’s career and life path in technology started in 1991 when she and her husband, Sanjiv Mukherjee, started STL. Over the duration of three decades, Mukherjee slowly, steadily, built an award winning business. She steered STL into the future, making it as one of Kenya’s Top 100 Mid-Sized Companies. The competition is a partnership between KPMG and the Daily Nation. STL proceeded to stay on top for a decade. This Top Mid-Sized businesses survey looks at SMEs with an annual turnover falling between Ksh70 million, and Ksh1 billion.

Award-winning top CEO

Jyoti Mukherjee was an accomplished entrepreneur who was respectfully named Ernst & Young’s Entrepreneur of the Year, a Timeless Woman of Wonder, the Top Businesswoman in ICT, and a Top CEO many times over. Without a doubt she has a substantial number of mentees. Her work in the tech industry also earned her a host of other global acknowledgements. Small wonder she made it to the ICT Hall Of Fame, an award whose recognition was by our very own Ministry of ICT.

New millennium leader

An Indian who made Kenya her home, Mukherjee was more than her much-deserved awards. She grew the business to unimaginable heights. Since 1991 when she launched it, STL has expanded across 3 continents. From West Africa where they designed their first French e-board software, the rest of East Africa and Zambia, all the way to the Middle East. She led STL into the next decade, nay, next millennium, with eHorizon Mkataba, a software that services businesses big and small. It gives them agency over their legal existence and legal processes. It does this by creating a platform that allows them to do all that appertains to contracts. It also serves the probably unintended side effect of teaching and educating all who interact with it on Kenyan contract law.

Creative use of tech

Over time, she found her way inside boardrooms and board member’s minds with her e-governance tool, eHorizon eBoard. This serves the purpose of governing, tracking and centralising communication for board members. It created a virtual boardroom where board members could do business without disrupting their daily work lives. Beyond that, she streamlined the legislation process with e-parliament. This does the work of helping parliamentarians keep track of what would otherwise have been haphazard records.

Jyoti Mukherjee did what technology was made to do; connect people. This she did by building bridges and making their lives easier. It is a safe bet that Mukherjee’s technology touched countless lives beyond the 150 corporations that enjoyed the product of her genius. In addition to that, these likely include all the people who saved time which they then enjoyed with their loved ones, allowing them to care for their families.

Family first

Jyoti Mukherjee was herself a woman who put her family first, an attribute she was known for. It is her son, Chets Mukherjee, who co-runs the company, STL, with Jyoti Mukherjee. Where others saw a need and likely disharmony, she drew inspiration from it. She saw possibilities and solutions where complex problems existed. She brought everyone and everything together into a tight, tidy, organised, easily accessible circle with an elegance and beauty only made evident in one with such symmetry of thought. A problem-solver at her core, she was herself an original. A maverick who stepped into the future before her peers had a chance to put on their shoes, let alone tie their laces.

A beautiful legacy

Her legacy will be best remembered far and wide over her Institute of Software Technology, uplifting the industry by training talent. Here she taught young minds, absorbing the top 5 into her organisation, and sharing them with the industry top players. Numbering hundreds, these students will be a generous part of her legacy. She was not just the Top ICT Businesswoman in Africa (2007). Hers is the kind of life fully lived. Jyoti Mukherjee touched her team of employees, growing from a handful of just 5 to become a powerhouse in East Africa, straight to a global enterprise straddling 3 continents; Africa, the Middle East and UAE.

Similarly, her legacy also lives on. Even though she is gone, thanks to EAPEF (a $63 billion American private equity fund), her business is set to grow bigger and stronger. Their investment allows STL to further spread its wings across Africa not just for its patented technology that has seen them rise to the top, but also owing to its certified training institute.

For a woman who believed in her father’s ideology of “high thinking, simple living,” her description of success is befittingly based on these 6 things. “Planning, focus, self-belief, a positive attitude, love for those around us, and a strong work ethic.” If there ever was something Jyoti Mukherjee would be glad to see live on, it would be this philosophy as her legacy. She leaves behind a grieving tech community that she certainly transformed. Eventually, in her own unique way, she shaped the tech landscape not just in Kenya or East Africa, but also, the world.

Article by Carol Odero,  published in CIO EAST AFRICA, the leading magazine for the Information and Communications Technology (ICT) industry in East Africa, published by Kommunication Ultimate Limited (KUL) in conjunction with the International Data Group (IDG), a world-renowned publisher of legendary brands.

Bain is one of the world’s top management consulting firms. The organization works with leaders across industries and geographies to solve industry-defining challenges in Strategy, Marketing, Organization, Operations, Digital Transformation, Sustainability and M&A. Founded in 1973, Bain has 6,000 employees in 58 offices worldwide. Bain has worked with over 4,900 companies, including more than two-thirds of the Global 500, Private Equity funds representing 75% of global equity capital, leading non-profits and innovative start-ups. Bain’s public clients have outperformed the S&P four to one.

Great boards help companies outperform their peers, delivering value to stakeholders, sustainably, and without compromising compliance or risk. Companies that achieve this are the bedrock of inclusive economic growth. In today’s environment the expectation for companies and the Boards that govern them is high. Ensuring compliance beyond reproach is critical, but it is not enough. Outperforming requires focus and clarity around strategy and culture as well as an ability to adapt and be agile in turbulent times. Based on extensive research, and the insights of prominent global Directors with over 240 years of cumulative experience, Bain & Company has developed an all-encompassing approach to effective governance called ‘The Great Board’.

Software Technologies co-hosted a conversation on the foundations of this approach and to discuss perspectives on what Great Boards do differently to outperform peers and succeed in challenging environments. The conversation brought together members from leading companies across sectors in Kenya for a discussion that went beyond compliance to focus on strategy setting and execution at the board level. The topics discussed were:

  • The changing role of boards in business
  • The board’s role in creating and driving a winning strategy and sustained value creation
  • Cultural traits of high performing boards, why conformity / lack of conflict does not equal agreement and how to create a virtuous cycle of trust and candour

“For me, eBoard has helped in making the board management processes easier. Sharing the board packs, conducting the board meetings, updating the board packs has become easier. This has made our board members happy as there is easy access to the documents and our board meetings are now more productive.”

Mrs. Ruth Macharia – Personal Assistant to the CEO, Kimisitu Sacco Ltd

Kimisitu Sacco was formed in March 1985 by a group of Staff from ICRAF. The society was formed mainly to promote thrift among its members by affording them an opportunity for accumulating their savings; and to thereby create a source of funds from which loans can be made to them exclusively for provident and productive purposes, at fair and reasonable rates of interest; thereby enabling them to use and control their money for their mutual benefit.

WHY SOFTWARE TECHNOLOGIES LIMITED

Edith Kipsang, ICT Manager, explained the four main objectives the solution they were looking for should possess: easily adoptable by their members, operable on all platforms, hosted within a secure environment, and synchronisable and accessible offline. She also highlighted the support Software Technologies provides: “Real-time support is very important to us.” STL is always available, 24/7 for support, training and general client enquiries.

RESULTS

Continuity and overall board management

With eBoard, there is continuity in managing the board’s processes. “With the Resources tab and secure cloud storage, we don’t have to worry about where previous documents were stored, who had what particular document; they are easily available” Edith Kipsang mentions.

Easy updating and sharing of board papers

By providing the board with a central document repository, Kimisitu Sacco has seen an ease in the sharing of board papers. Mrs. Ruth Macharia is now able to share corrected documents from any board pack at any time. “I don’t have to worry when I have to send a corrected document, because I am sure everyone will be notified and it will be displayed on the homepage and stored in the briefcase.”

Ensured 24/7 secure access to data from anywhere in the world

Board members have all time access to the meeting pack. “We upload everything on eBoard and board members can access the details wherever they are, whenever they want, 24 hours a day. They can review and annotate from wherever they are. It’s saved us so much time,” said Ruth Macharia. “ It is very convenient for them to have more productive meetings.

Savings on time, money and resources

Previously, the organization’s time, printers and paper reams were all excessively used in preparation for board and committee meetings. With eBoard, Kimisitu Sacco has saved close to 25,000 USD in printing and distribution costs. They also continue to make an environmental impact by using less paper and saving more trees.

Data Security and Confidentiality

“eHorizon eBoard is a secure platform and when we use it, we are sure our documents are secure.” Edith states. Software Technologies is ISO 27001 certified and the management systems put in place maintain world class standards of information security.

The Institute of Directors (Ghana), in collaboration with Software Technologies Limited and other partners had their Annual Corporate Governance Excellence Awards hosted at the Kempinski Hotel in Accra. It was also graced with the attendance of Professor Mervyn King, best known as the Chairman of the King Committee on Corporate Governance in South Africa.  He is Professor Extraordinaire at the University of South Africa on Corporate Citizenship, Honorary Professor at the University of Pretoria and Visiting Professor at Rhodes University

The aim of the awards was to stimulate and sustain the culture of good corporate governance and champion director professionalism and development through education for the benefit of organizations and stakeholders. It was also aimed at celebrating the achievements of both public and private sector Individual Personalities and Organizations who have distinguished themselves by practicing and exhibiting good corporate governance leading to desirable outcomes of ethical culture, good performance, effective controls and legitimacy.

The categories included – Most Influential Director of the Year, Innovative Director of the Year, Overall Director of the Year (Female), Most Credible Director of the Year, Rising Director of the Year, Overall Director of the Year (Male).

The corporate categories are, Agricultural Business (Agrobased), Healthcare Facility, Oil Marketing, Petroleum Refining and Related Industry, Agriculture (Fishing, Poultry and Crop farming), Hospitality (Hotels), Power Generation and Distribution, Apparel and clothing Industry, Hospitality (Support & Allied Services), Printing, Publishing, and Allied Industry, Chemical and Allied Industry, Industrial and Commercial Machinery Industry, Retail and Supermarkets, Construction, Information Technology Industry, Rubber and Miscellaneous Plastic Industry, Consulting, Insurance (Pensions), Rural and Community Banks, Ecommerce, Insurance (Life), Savings and loans, Education, Insurance (General Business), Sports, Electronic and Electrical Equipment Industry, Leasing companies, Stone, Clay, Glass, and Concrete Industry, Entertainment, Lumber and Wood Industry, Telecommunication, Fabricated Metal Industry, Manufacturing, Transportation Industry, Finance Houses, Media, Travel and Tours, Food, Beverages Industry, Microfinance Institutions, Universal Banks, Furniture and Fixtures Industry, Mining and Quarrying.

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