A lot has been written about corporate governance and the role of the board. In these tough times, the board must rise to the occasion to steer the ship to safety and navigate the pandemic. Here are the two insights to keep in mind: 1. Strong together. The board is strong if members work together and as a team. An individual non-executive board member has limited influence over the executive in terms of holding the executive team accountable. The easiest way to influence and manage the board by the executive is using the divide and rule strategy. Many times, a…
PRESS RELEASE: Summit Consulting appoints a new Director: Pius Babyesiza
KAMPALA – 1st May 2020. Summit Consulting Ltd, summitcl.com, a professional services firm offering proactive forensics and fraud management services, corporate strategy, and risk advisory and IT security services is pleased to announce the appointment of a new Director, Pius Babyesiza. Pius is a Chartered Accountant and Change Management Expert with more than 13 years of experience in finance, leadership, and fraud risk management. Pius started his career at Ernst & Young CPAs and his outstanding work has taken him to various companies in different sectors including agriculture, energy, manufacturing, and finance. Before joining Summit Consulting, he served as Chief…
Is your strategy effective? What is your covid19 response strategy?
Every challenge calls for a strategy – the process of making choices on how to win. Coronavirus times like these challenge us to be the best. You can start by defining your strategic challenge and clear choices to win. What are the things you will do and the things you will not do? You cannot win by doing everything. You must choose your battles carefully. Many families are struggling with what to eat. People are under lockdown in their houses, and they seem to be forgotten. Others have bigger problems – their shops or businesses are under lockdown and every…
Why Indian families succeed in business than most African ones
I have noticed that Asians – Indians and Chinese work more as a team than Africans. In all countries where Indians operate, they live better lives and run successful businesses. Their success is attributed to a better understanding of how the world works. They do not believe in individualism. A father will allow the children to marry in their home. For example, you have a very rich man like Sudhir Ruparelia, having his son to marry and live in the same house! Yes, the house is big. Much as Sudhir is Ugandan, his practices are teamwork focused and leverage from…
How can mainstream media like Newspapers survive amid social media?
CNN and other televisions had to re-invent. They embraced social media and digital publishing, as well as leveraging from their news anchors and other celebrities to increase their social media presence and following. And that was not enough.
How to speak to influence, not merely inform
It is difficult to become a great leader without mastering the art of communication, specifically public speaking. Leaders become great because they inspire, energize, motivate, and uplift others. The ability to deliver very difficult news to people is one of the great qualities of leaders. We now live in covid19 times. The world needs leaders who can speak with clarity, confidence, and give hope of a brighter future. People want briefings that explain the state of the problem, the projected extent of the problem –showing the base case and worst-case scenarios and plans to address any situation. And above all,…
