Since members of the public shall not be able to receive Holy Communion, let each one of us make an act of Spiritual Communion composed by St. Alphonsus Liguori; “My Jesus, I believe that You are present in the Most Holy Sacrament. I love You above all things, and I desire to receive You into my soul. Since I cannot at this moment receive You Sacramentally, come at least spiritually into my heart. I embrace You as if You were already there and unite myself wholly to You. Never permit me to be separated from You.” Amen. 7. A Prayer In…
#Covid19 has redefined banking. Are you ready?
Lots of changes have happened in banking. Internet and mobile banking have redefined banking convenience. It is no longer a battle of who has the biggest head office and branch network. It is which bank is nimble and most innovative for effective customer convenience. What are your delivery channels – web, mobile (app and USSD), and integration to the payment ecosystem? If your customers cannot open an account online, check their balances, transfer money between bank and mobile, withdraw via agents or mobile money kiosks, and of course paying bills at any vendor. Modern banks have gone beyond a software…
How effective is your #covid19 response and recovery strategy?
Is your coronavirus pandemic response strategy adequate? Are you in control of the pandemic or the pandemic is controlling you? This pandemic just happened. It has since changed many things. It has changed the way we live. No close contact with friends amid restricted movements. It has changed the way we work. For many, from offices to home. We deliver remotely. It has changed the way teams gather, the way we communicate and connect. Today, onsite events and meetings have turned into virtual ones. Global gatherings are no longer physical, but virtual. #covid19 has changed our living spaces. Homes have…
Local vs. foreign investment, frustrations of doing business part 4
There is a mentality that foreign investors are better than local ones in my African countries. With rampant corruption, most officers prefer to work with ‘foreign’ companies for several reasons. They get the opportunity to travel abroad (to the offices of foreign companies) to ‘confirm’ a few things. This has a lot of benefits to them including travel allowances and kickbacks. For example, several local companies offer excellent translation services. However, what happens is that Ugandans prefer to go for foreign companies who in most cases outsource the services to the local firms at very low cost which is exploitative.…
Who knows you? Frustrations of doing business in Uganda, part 3
If you have not been disappointed, you probably have not yet tried. One of the local entrepreneurs explained how his business hit a snag because executives just don’t have time to listen. After failing to meet government executives, he visited the Private Sector Foundation and Uganda Investment Authority. These too turned cold feet. Never mind these are top organizations whose mandate is to contribute and foster investment and economic growth of the country. “I was told by the receptionist that the CEO could not see me. Not even his assistant had time to meet me. At the Private Sector Foundation,…
The leadership dilemma? Frustrations of doing business in Uganda, part 2
The biggest challenge to business in Uganda is the tendency of senior managers to want to do the day-to-day work. We call it the leadership dilemma. This is not about paying attention to the details that matter. It is micromanaging and it sacks. In the process, this obscures the big picture — of furthering top leadership mandate to think long-term by focusing on technology investments and the customer. Great leaders micro-monitor instead of micro-managing. You do not ask someone to do something and then show them how to do it and be breathing instructions on their throat all the time…
