How do you gain insights into the sources of revenue, the effectiveness of utilization, and the performance of the business? How sure are you about the completeness of your revenue reporting? Are you working too hard but not seeing profits? Is your business experiencing high turnovers but not registering any tangible growth? Is the cost to income ratio too high to sustain your business growth aspirations? Now is time to consider revenue assurance services. If you are in utilities, telecoms, financial services or even a fast-moving consumer goods business, conduct a revenue assurance to identify any potential revenue leakage. Every…
How to be productive and focused this week
It’s the 22nd of March 2021! Who knew 2020 would become history? Here we are. Life goes on. Below are insights be more productive’. Use the morning for the ‘big picture thinking’. Focusing on the top line or revenue growth is critical. Have habits that drive incomes or revenues in whatever you do. Visit prospects. Make phone calls. WhatsApp, Skype, or send something of value to them. Be on the lookout for the birthdays and key milestones of your partners and their inner circle buddies. The best way to start a conversation is to give something of value to the…
Kibuli Hospital is very efficient, at the front desk
“If it bothers you, make time and fix it.” I have developed some life principles and values that guide my decision making, and they help me progress. This is one of them. In the past, I would try to ignore some problems or obligations as if by some miracle they would disappear. They never. Instead, would slowly escalate into bigger problems. And by the time of addressing them, they would have grown into big challenges. If you have a toothache, go and see a dentist immediately. You don’t gain anything by trying to dilly dally by playing the ‘wait and…
The teenage trap – 13 to 19 years of destructions
Teenage is a transformative age in our lifetime. You either get trapped or you escape the trap and thrive. The years 0-12, are safer. You are under the maximum care of your parents. And you listen to their guidance. This is a great time to understand the world around you. One would say that for most people, these years are safe. You are walking on safe ground. However, once you clock 13 years, you become a teenager. In these years, there are so many traps. You must be steadfast and focused to navigate successfully. During the teenage years, your body…
Keep the car on the road – the objective of risk management
“When it comes to your health, always take less sugar. Exercise often. Eat a balanced diet. Avoid being stressed about the things you cannot change or are outside of your control. Learn the skill of ignoring small things. And if you can afford, go and enjoy it. Life is about creating experiences, one day at a time.” You have probably heard about the above advise. It is your guide to manage your health risks and live a good life. To achieve your vision or ambition, your first objective is to live a longer, happy life. You want to impact your…
Data analytics and business intelligence for financial institutions
“Data is the new oil” goes the saying. But that is misleading. It does not matter the number of your oil reserves, if you lack the technology and skillset to drill, process and make it ready for use, your oil will be useless. Likewise, if you are not using your data to make informed decisions, your data is useless. Your data is useless unless you have the capabilities to win with it. How do you use data to explore what is hidden in it? The summitBI data team provides leading-edge training and capacity building to empower you to win with…
