If you are a regular reader of this column, I hope by now you have a clear personal strategy. My experience is planning for five-10 years ahead is better than annual planning and New Year resolutions. The year of these days is so short. As an individual, you will experience key milestones over a five-10 year horizon. Ask: what do I intend to have achieved within the next five years. If you are 24 years today, obviously within the next five years you should consider marrying and having your first born! Don’t delay this decision until you get enough money.…
Strategy perspective: What informs your business model?
Great leaders focus on having a great strategy and clear execution plan. To formulate a great strategy you need: Perspective through Exposure: who are you competing against in your business? Context: What do you need to change internally to become the best? Capabilities and systems: what resources do you need to succeed? The best way to get exposure is through travel or sightseeing and networking. When I go abroad, I make it a point to study the process flow and how value is created for customers, at the different businesses I come across. In Japan for example, street restaurants create…
The year of the family
Today marks seven days into the New Year. What plans do you have for your family? Whether married or not, the following insights are essential. “I knew I was happily married, until she told me that she was leaving.” I said to where? She replied, “I cannot continue like this. I gave you all the prime years of my life, only for you to torment me. Enough is enough. I cannot stand another year with this kind of treatment. You are so insensitive. You only see the small mistakes. Everything else you don’t. That was what a friend explained to…
The marriage blues: to your happy family life in 2017
“I thought I was happily married, until she told me she was leaving.” To where? I asked thinking that she was going for shopping at Nakumatti, where she usually goes every Saturday afternoon. I was wrong. This time she was going for good. “I am tired of this marriage,” she shouted out. “All you think about is yourself. Your two children.Your car.Your phone. And when you have time to sit with me in the sitting room, it is your Arsenal or Barcelona. I am tired of being equated to Messi in terms of agility. I also want to be made…
Five ideas to make 2017 the best year ever
How time flies. Just last year we celebrated a new year 2016. The year turned out to be very eventful, with lots of history. The Republicans took it in the US. Brexit happened. Allepo fell under siege. Kasese cried aloud. Uganda re-elected the President. The list is endless. All these are now history. Whatever happens, the sun will rise and set. You must ask yourself, “What did I learn from events in 2016?” How do I make 2017? Life is about making choices- to be part of history makers or to be a passive observer. No one changes history by…
Where to invest in 2017? The HBR response
The lead article on the cover of the Harvard Business Review, December 2016 issue reads “where to find hyper growth. Frontier Economies may be Risky but they offer big rewards.” The article written by Aldo Musacchio and Eric Werker, explains where to play and how to win in 2017 for global companies in search of double digit growth. As “emerging market giants such as Brazil, Russia and China are experiencing an economic slowdown, they are increasingly expensive as a base for operations and it’s harder to export to and import from these countries than it used to.” The solution is…
