Winning the Game® newsletter Are you executing your strategy? Planning is cheap, because anyone can have a plan. Effective execution requires rewarding behaviors that support strategy execution NOT focusing too much on the numbers. That is what great executives do. Anyone can have a document and call it a strategic plan. However, having a document that aligns all company resources (capabilities and systems) towards a common aspiration is not easy. The measure of a great strategy is in the ease in its implementation. Fact: over 530 executives I have interacted with during strategy execution review sessions admit that they…
Tool 41 of 104 is to show up often
Luke 9:17 They all ate as much as they wanted, and when the scraps remaining were collected, they filled twelve baskets. In life, an attempt at something, is the most important thing that cuts across all winners. Why? If you don’t show up, you don’t register any performance. For example, to win any race like a marathon, you must show up and participate in the race first. If it is an exam, you must show up in the examination room. Whatever you think of in life, success starts when you take the first step. As a consultant, I am always…
The rise and fall of Support Organisation for Micro-cent Development (SOMEDI) microfinance
My Dad’s best friend, Mr. Joseph Businge, used to own three shops and a restaurant in Masindi town. His wife, Beatrice, was an employee at Support Organisation for Micro-cent Development (SOMEDI) head offices in Masindi. They had five children in school who were very promising. Joseph was a successful man providing employment opportunities to other ten Ugandans working in his small businesses. He owed his success to SOMEDI Microfinance which gave him a small loan, through a group of five friends. In 2008, SOMEDI Microfinance once one of the top Microfinance institutions in Uganda with operations in over eight districts,…
Tool #40 of 104 is use the watertight principle for your life’s success
John 16:12-15: Jesus said: ‘I still have many things to say to you but they would be too much for you now… He will glorify me, since all he tells you will be taken from what is mine. Everything the Father has is mine; that is why I said: All he tells you will be taken from what is mine.” The watertight principle applies to your life just as it works for anything that holds water. Be it a jerrycan, bottle or even a boat. The principle states that “however firmly you tighten the lid, if the container has a…
The Cooper Motor Corporation (CMC) rise under new management: Al-Futtaim Automotive group
The transformation of CMC into a highly successful, well-diversified automobile giant represents one of the remarkable corporate-success of the new management; Al-Futtain Automotive Group. Founded in 1960, Cooper Motor Corporation (CMC) has undergone a comprehensive organizational transformation aimed at exceeding customer needs and experience. Speaking to Summit Consulting Ltd’s Mustapha B Mugisa, Herman Mbalasi the country manager CMC Uganda noted, “For over 60 years of successful operations, CMC has established strategic partnerships with the leading automobile manufacturers. We want to replicate our success in the East African market as the leading automobile company.”In a broad way, CMC has been silently transforming…
Know your banking products and how to win.
Islamic Banking Islamic Banking is a form of financing that draws its mode of operation from the sharia law. The Koran strictly forbids taking interest “ribba” from money lent to someone. It likens taking ‘ribba’ to taking a bribe. Therefore, in Islamic banking, “ribba” is forbidden, but instead banks will share a part of the profits made from monies lent out to businesses. This seems very reasonable to the ordinary person as it allows for a culture of full focus on the business activities to generate profits. Islamic banking has quickly gained popularity around the world and many countries, now…
