There is no way a kid will sit down with a stranger to discuss what challenges they are going through. The modern-day parent is a total stranger to their children. Once the maternity leave is over, the parent and the child are separated forever. She goes back to work…The child is entrusted with a maid who can’t be trusted with the house. You lock your bedroom to protect your valuables but leave the baby with the maid!… You come home in the evening very tired, with no time to spend with the kid. At one and a half years, the…
Go slow on motivational speakers, here is how to invest Ugx. 100k
Great ideas are about customer value creation at the lowest cost possible. It is not easy to be innovative without contextual understanding. And that is where many motivational advisors on Twitter, etc get it wrong. To earn big, you need skills, discipline, and consistency. The Internet is full of ideas. Amazon is full of books with great success stories. Facebook, Google, Apple, etc are great stories in the motivators toolkit. Without context, however, it is sleep dreaming. A winning idea in the US, or Europe, for example, is sure to scale or attract outstanding investors because of the supporting infrastructure…
Tips to transform your team with a high-performance culture, part 1
How do you create a high-performance culture? How do you get staff morale through the roof through commitment and not compliance? How do you manage change initiatives effectively? The subject of effective change management is one of the differentiators of a great leader and an average one. Read more
How to motivate your staff in 2022
2020 and 2021 have been dark years. During these years, the world has been under a dark cloud setting. But humanity will always thrive and overcome any challenges. And 2022 is no different. The question is how do you prepare your staff to win in 2022. Read more
Planning to win in 2022
The era of research paper strategy documents is long gone. You need an actionable, crystal-clear strategy for a fundamental shift. A research paper strategy is one with lots of literature review, generic SWOT analysis, etc without direct linkage to strategic choice and objectives. You have a document in which you can remove a company name and replace it with another, and surprise, it becomes a strategy for another company, just like that. Such plans fail at execution. If the rate of change of the external environment is faster than the rate of change of your internal environment, what will happen…
Basel II Accord swift compliance implementation
Are you a supervised Financial Institution? Do you want Basel II Accord swift compliance at an affordable cost? Worry no more. At Summit Consulting Ltd, we have developed a Basel II toolkit to facilitate your swift compliance to the Central Bank’s Instruction Circular ‘EDS.306.2’ dated 8th April 2021 with the subject matter “Implementation of the Basel II Accord in Uganda.” According to the Instruction Circular, all Supervised Financial Institutions (SFIs) are required to assess their internal capital adequacy for covering all risks they can potentially face in the course of their operations. SFIs are obliged to comply with the requirements…
