“… I am tired of this institution. I am moving on. I do not care how many years I have been here. They are no different from money lenders. I want a financial institution that will be a business partner and make my life easier… grow my wealth”. The banking industry is under pressure: Today’s customers want more! Every bank must re-invent and offer more bespoke value-adding solutions. As a financial institution leader, you have a choice — let your customers switch to a competitor OR transform your offerings by giving customized value-adding services that customers adore using an ecosystem…
Optimize your networks. Earn on every referral
Are you making the best of your networks? Do you have a circle of friends in leadership positions who need professional advisory services? Solve their leadership challenges as you earn. Refer our advisory services to your friends to become exceptional leaders at their workplaces while you grow your resource envelope. That is how you monetize your friendships and networks. Take the opportunity and become SCL’s strategic partner and make the best of your years and years of building networks and connections. Earn even while you sleep. Join today as our Strategic Business Partner. Work from anywhere at your own pace.…
Common mistakes to avoid during strategic planning
There are two things you must know – what strategy is and what it is not. “Strategy is about making choices of how to win with your customers and key stakeholders against the competition.” Every day, the competition is looking at your bread. They want to eat it and take all of it. This bread represents the customers who bring the money for the services you offer or products you sell. When leaders fail to make strategic choices, they have failed at strategic planning. This increases the chances of someone else having their dinner or taking over their target customers.…
Here are the top 10 ground rules for a successful offsite retreat.
It is common for organisations to take people for an off-site retreat to consider issues of strategic importance. Common reasons for an offsite retreat include strategic planning retreat, strategy review retreat, budgeting retreat, new policy analysis retreat, board induction and teaming retreat, team-building retreat, among the many reasons. Regardless of the type of retreat, having a great agenda and the right people in the room is critical. But it is not enough. You need specific ground rules to allow for frank discussions and contribution from all members. The common ground rules people state includes put your phones in silent, silent…
One page strategic plan
Simplicity is gold. Anyone can make any subject complicated. The real winners are folks who simplify things. Look at how Apple made music subscription and streaming so simple. You enjoy any music and your subscription is hustles. You have the option to subscribe per year, and it can auto-renew if you are someone who focuses on personal happiness and great experience instead of minding small things. People want simplified things. There are so many problems that have the potential to generate money. The challenge is few people can solve the problems simply with a monetization strategy. After interacting with several…
Uganda Cranes: how a bad kit sponsor kills a team
#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…
