We all have 24 hours a day, of which you are recommended to spend at least 8 hours sleeping and another 8 hours relaxing with friends and family. That means you have 8 hours dedicated to working. As they say, much as Politicians earn a lot of money and respect, they are the poorest folks because they spend a lot of their life working. True wealth is having a lot of discretionary time, doing things you want to do when you want to do them. If you have to do certain roles to keep your job or win in your…

A good consultant is like a surgeon, they will complete the job even if it requires more effort and time without asking for a fee increase. That is the difference passion makes. Imagine a surgeon, mid-way the surgery operation notices a new complication beyond the earlier diagnosis, that requires more time and procedures for the improved health of the patient? Do you fix the new issue, or you just leave it unattended? Of course! A great doctor does the right thing – fix the issue if it must be fixed. The satisfaction comes when the patient is up and running…

The Institute of Banking and Financial Services of Uganda conducted an educative webinar on the contemporary topic of the use of Big Data, Business Intelligence, Artificial Intelligence in the Financial Services Sector. The event took place on 20th October 2020 from 12 pm to 2 pm.  As one of the panellists, I shared insights on how to harness data as a strategic resource. I had prepared a presentation explaining the basics of data analysis and application to the banking sector, which I did not get an opportunity to present. To download the PPT, here.  Below is an extract of the…

When you are young, so many ideas are flying in your head and you see opportunities everywhere you turn. To take advantage of the envisaged opportunities, you open a business, book a company name and register, obtain a Tax Identification Number (TIN), get a KCCA trading license, and open for business feeling happy about formalizing the business. In these Coronavirus times, many businesses are struggling. Some leaders are taking the honorable decision to close the business to avoid accumulating further obligations and costs. Some business lines are just not good around these tough times. When the business owners decide to…

  Respect is a constructive attitude displayed towards someone held with high esteem because of admirable and valuable qualities. Respect ends up being a process of honouring someone openly. Some people earn the respect because of their personality and the role they play in the social arena. In several cultures, individuals are considered to be worthy of respect until they prove otherwise. Situations that show respect include simple phrases like ‘thank you’  ‘I am sorry’ ‘I beg your pardon’ ‘come again’. In some cultures, simple physical signs like bowing, a smile, joining the two hands are interpreted to mean respect.…

  If you are a leader of any government institution, you must translate your strategic plan and annual budget priorities into results-oriented programs in line with approved NDP III for increased national impact and support of the government agenda. You must be and be seen to support national priorities. As the national competition for resource envelope allocation intensifies especially amidst the COVID-19 pandemic, you must urgently reassess your organizational strategy by aligning your programs to the NDP III. Unless your strategic areas are linked to the NDP III, you risk being allocated insufficient funds now and or in the future…