It is difficult to become a great leader without mastering the art of communication, specifically public speaking. Leaders become great because they inspire, energize, motivate, and uplift others. The ability to deliver very difficult news to people is one of the great qualities of leaders. We now live in covid19 times. The world needs leaders who can speak with clarity, confidence, and give hope of a brighter future. People want briefings that explain the state of the problem, the projected extent of the problem –showing the base case and worst-case scenarios and plans to address any situation. And above all,…
Have you considered the impact of covid19 on your current strategy?
No company would have planned and considered the impact of the coronavirus pandemic on the business. Many leaders finalize their planning and work plans by December of the year – where they review the strategy, scorecard targets, budgets, work plans, and planned outcomes against what was achieved. By December 2020, coronavirus was not yet a big thing. Few companies, if any, could have anticipated and adjusted their strategies and financials accordingly at the time. Now that covid19 has happened, leaders must urgently go back to the drawing table and make updates to their strategy, and work plans or business plans…
Uganda’s covid19 cases rise to 74, as imported cases increase by 11 to 19.
KAMPALA, 24th April 2020: Uganda’s covid19 cases continue to rise steadily. All these cases are imported ones, and the government seems to lack a mechanism to control the cases. Being a landlocked country, Uganda’s imports come via Kenya and Tanzania ports. According to Uganda’s Ministry of Health Press Release, “The cumulative number of confirmed COVID-19 cases in Uganda is 74. Six (6) Tanzanian truck drivers who arrived via the Mutulkula border post and Five (5) Kenyan truck drivers (Three (3) arrived via Malaba and Two (2) arrived via Busia). The cumulative number of recovered patients is forty-six (46) out of…
From WhatsApp: General economic outlook and best practices
I attended a Webinar by IMF, this morning. Key takeaways are as follows. General Outlook Africa seems to be suppressing the curve so far. It looks like it might escape the worst of the pandemic, but will have to be cautious about it. Possibility of W Curve – i.e. There is a good chance of re-occurrence of the virus, which could see a possibility of regular lockdowns. Businesses need to plan accordingly. Capital will look for countries that are less battered. Western economies are badly battered while countries in Africa, etc are not so battered. Global Capital could flow…
The skills parents must teach their children – 6 Rs of winners
You have been at home with the young ones. If you are an active parent, you know how challenging it can be to help the children cope up with their studying. To win, you must designate a space as a home office and study room. This is what I have done. I designated a room. I called it the study room/home office. In case you have many rooms in your house, designate the living room as the study room from 8:00 am to 5:00 pm. No television. No noise. Anyone who comes to the living room is coming to work…
The death of conventional or traditional strategic planning, part 3
The term strategy is one of the most used by leaders today, yet few understand it well. Many strategic plan documents lack a “strategy.” This makes winning difficult. No company wins by luck. If such companies exist, their winning is not sustainable. A good strategy and effective execution make winning a deliberate action and the focus is on maintaining a competitive advantage. Your competitive strengths must come from strategic intent, which must be articulated in your strategic plan in the form of a business model. To formulate a good strategy, leaders must deploy good strategic thinking processes to come up…
