Continuation of point 2 #3 Poor staffing Are your key focus areas with the right people responsible for driving them? Are there clear targets to measure progress on whether they are doing a good job or not? Are your weekly SMT meetings brainstorming meetings or are about reporting on performance against set targets in their respective scorecard performance areas? It is difficult to analyse effective staffing unless you have clear scorecard targets per pillar or strategic focus area. Most of the time, you find wrong people in the right places. For example, business leaders make a strategy, and are required…

Continuation of point 1 #2 Misalignment of structure to strategy Are you trying to fit a tight small size dress into a body of a fat baby? That is what happens when you try to fit your strategy into your existing structure. There are several reasons why business leaders fail to execute strategy. One of the biggest reasons I have found based on the so many interactions with CEO’s and other executives is the failure to align the structure to strategy. Most of the time, leaders make a document and call it ‘strategic plan.’ Anybody can do that because planning is the…

It is easy to write a document and name it strategic plan. Because planning is easy. Anyone can plan. However, very few realize their plans. Why?  The measure of an effective strategy is reflected in effective execution. Avoid the mistake most leaders make of looking at strategic planning asa SWOT analysis exercise and target setting against the balanced scorecard dimensions! Don’t limit your business potential by thinking within your vision and mission to deliver a great strategy.   The measure of an effective strategy is reflected in effective execution.   As a strategy and risk expert, I have identified the…

Internet means the ‘international network.’ Internet works like the transport road system. Uganda is currently finalizing plans of constructing a joint railway connecting to Kenya, Tanzania and then Rwanda.  The question is “who is going to police which section of the railway?” When it comes a physical road, the boundaries are very clear. You are able to know where a given road starts and stops. Where the roads starts and ends, the laws of that country prevail. In that case, you can easily policy the road network. If an accident happens on a road section in a certain country, the…

Let’s not compare the two. We actually need both of them. We need to have people whom you look up to. In Uganda, we have a lot of challenges. People just want to steal because the people they look up did not get money in the right way. They are maybe very few who have attained success in the right way. However, these are not documented. The people being documented have a lot of black spots when you try tracing how they got the money. Many entrepreneurs find unexplained gaps when they try to look up to some individuals in…

We need to get some things right. Not everyone can be an entrepreneur.  There are some people who are born leaders. They can start something and nurture it.  But most of the time we have seen that even if you are going to be a good entrepreneur, you need some minimum grounding to get insights on how to run a business. Either you have a mentor who is an entrepreneur or go into formal employment and learn from the best professionals. The advantage of entrepreneurship is that you can cut a lot of time in your path to career success.…