Every business needs a product strategy. Before you define a product strategy, you must start with the customer. Who is your target customer and what does exceeding their expectations look like? You want to understand the needs of the customer today; in the medium term and long term, so that you examine products and services that meet the need. This means you must be data savvy. You must conduct business intelligence as part of your strategy to identify the market dynamics and customer behaviours to craft products that meet emerging needs proactively. That said, in business, there is a golden…
The future of ACFE, Uganda Chapter, 2023 & beyond
Dear Reader, ACFE, Uganda Chapter 2027 strategy is built around three pillars: Proactive membership engagement and management – to leverage the power of together as one. Strong partnerships with the private sector and government, CFE brand visibility through events, training and publishing to optimize the power of strategic partnerships. Sustainable operations (ESG) and good chapter management through transparent reporting, to leverage the power of purpose. Each of the above pillars has clearly stated targets aligned to the balanced scorecard. We will prioritize the use of technology, member mobilization and social networks to promote the CFE to make it the qualification…
Tool 82 of 104 is always express your gratitude
#Mindspark with Mr Strategy “This made Jesus say, ‘Were not all ten made clean? The other nine, where are they? It seems that no one has come back to give praise to God, except this foreigner.’” The times we are living are not easy. Each one of you reading this must be thankful for being alive. I am happy that you make time to come to Church to thank God for the blessings of life and livelihood. But do you extend a helping hand to your less fortunate neighbours and or relatives?Each one of us is climbing a hill with…
The kadogo’s and the fall of Munteme village
Boom. Boom. We had a very loud bang. It was way back in 1985. I was a small boy of about 6 years, but the events are vivid in my permanent memory. The NRA rebels were slowly consolidating positions, and about to take over the government. In Munteme village, Hoima district, the guerrillas had taken over the Nyamakeisa valley. Had dug ditches, and set camp. It was a strategic location. The second group has taken over the hilltop. Our village had been tactically taken over by the guerrillas These guys were strategic. They started giving us security. And became helpful…
You have set a record for failing this exam
I remember these words said to me circa 1991 as if it was yesterday. I had failed technical school admission exams. My grandpa, seeing I was distraught said: “I know only of Makerere University. It’s where the best go.” The rest as they say is history. I went to Makerere University. And my Grandpa was right. It is where the best go. But after going there, I learned about other places like reputable foreign universities, etc. But the lessons from the streets whether in Kampala or Mbarara or London or Bangkok streets, are timeless. Once in a while, get out…
The state of banking 2022: What you should expect in the summitBI Bank Report 2022
The COVID-19 pandemic created enormous headwinds for the economy as well as the financial services sector. It became clear that banks needed to respond comprehensively, and embrace change to meet the new challenges. Ugandan banks seem to have navigated the initial storm. However, the optimistic outlook should not deceive. The need for transformation is urgent as ever because another period of uncertainty is ahead. It is still unclear how fast the economy will recover. The COVID -19 pandemic coupled with the rising cost of living attributed to geopolitics especially the Russia/ Ukraine war is exacerbating challenges already affecting borrowers thus…
