#mindspark: Uganda Cranes has been doing badly over recent years. The brand visibility of the National team has fallen so much you may think the team no longer exists. The recent poor performance of the team at the CHAN 2021 has worsened the situation at the FUFA House. Many people are now pointing fingers at the main coach. But that is being myopic. A poor choice of the strategic partner, the team sponsor, is part of the big problem. Since Airtel took over the team as its main sponsor in 2013, the team slowly started losing visibility. When you look…
Practical application of data analytics
As Mr. Strategy, I get paid for helping clients think critically about their business value creation processes for profitable and sustainable business models. It takes a brilliant prospect to realize that they need help. You cannot have all the answers internally. And that is how we get called in. As strategy experts, we love data. Data analytics provides the context of the business. One of the questions which data analytics answers is what did the old or current strategy achieve? Someone could give you a 50-page document trying to answer that question. However, with data, you need not more than…
Loans advanced for cars most likely to default
The Daily Monitor, of 27th August 2020, published an article titled “Loans advanced for cars most likely to default, says report” page 36 as a result of the recently released summitBI Banking Sector Report, 2020. Volumes and value of used car imports have been declining in the last three years thus eating into government revenues. Car loans present the biggest risk to bank with borrowers in this category most likely default, according to report. The report also notes that borrowers intending to purchase other goods such as furniture find it difficult to repay money secured to purchase such goods. Mr…
Banking, politics, and you – critical insights about Uganda’s economy
The banking industry is central to economic transformation. Following summitBI Banking Sector Report 2020 for Uganda, the Summit Consulting Team answers three questions about i) impact of the 2021 elections on the economy, ii) causes of the persistently high cost to income ratio in banking, and iii) why durables lead to higher loan defaults. Watch an NTV story about the report here What is the likely impact of elections on already slowing growth? Two possible outcomes: Economic growth (and GDP) are likely to reduce further. During political campaigns, more and more people spend time politicking and attending rallies of their…
Download the summitBI® Banking Sector Report 2020
“What if we told you that you can turnaround a loss-making bank into a profitable one by changing your business model due to an organic strategy? What if we told you that with a scalable banking model, supported by robust business intelligence and data analytics you could reduce your CTI by over 20% within one year? By the end of this presentation, you will understand what separates winning banks from loss-making ones, and how you could transform your bank. You will also know the top 5 banks and the worst 5 banks based on the CAMELS framework. I welcome you…
The leadership choices: are you winning?
#mindspark It’s tough to drive a car whose wheels are not aligned. You have to keep your hands on the steering wheel even on a straight road patch! See our Exchange when I invited a bank executive to attend our special Uganda banking report 2020 launch today at 10:00 am sharp. Me: It’s today at 10 am, make the time, and attend our report launch. Bank executive: Oh, I may miss. I have a meeting from 9:00 am to 4:00 pm. You will share the PPT slides. Me: Leadership is about choice. If the internal meetings, you do it regularly.…
