Occasionally, you stop everything to reflect: what is my purpose? So many things have been happening. The coronavirus epidemic has got all of us thinking. It has affected the poor and the rich, the educated and the illiterate, the young and the old, the celebrities and the nobodies equally. Few people have continued their normal routines without disruption. Now is the time to reflect and think deeply about your life’s purpose. With more than 50,000 people dying due to the covid19 pandemic, life is fragile. Many of these people were living lives that others just dream of. Had great families,…
Joint investments a way to big business!
If you walk around your community especially in big urban centres of Uganda, you will most likely come across an incomplete building that has been there for years. Unoccupied and abandoned yet when you look at the investment at that stage, lots of millions were invested (to buy the land and then construct). Sometimes on a single plot, there will be a couple of such buildings. The obvious reason for such buildings, which are mainly apartments or rentals, is lack of money. The owner either lost a job or didn’t plan properly with the money available when starting. Also, if…
What was your life when growing up? Have you hardened your mind?
If you are reading this, you have never experienced anything like coronavirus. This is your first time to experience a virus of pandemic proportions. Welcome to the world. Our lives have been disrupted. What many people thought they could never do without; coronavirus has taken away. What people thought they could never do; coronavirus has made them do it. For the first time in the history of mankind, anyone with children has had to live with them for more than a week! So what was your life growing up? Who are you? Which schools did you attend? Which games did…
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,…
Have you considered the impact of covid19 on your current strategy?
No company would have planned and considered the impact of the coronavirus pandemic on the business. Many leaders finalize their planning and work plans by December of the year – where they review the strategy, scorecard targets, budgets, work plans, and planned outcomes against what was achieved. By December 2020, coronavirus was not yet a big thing. Few companies, if any, could have anticipated and adjusted their strategies and financials accordingly at the time. Now that covid19 has happened, leaders must urgently go back to the drawing table and make updates to their strategy, and work plans or business plans…
From WhatsApp: General economic outlook and best practices
I attended a Webinar by IMF, this morning. Key takeaways are as follows. General Outlook Africa seems to be suppressing the curve so far. It looks like it might escape the worst of the pandemic, but will have to be cautious about it. Possibility of W Curve – i.e. There is a good chance of re-occurrence of the virus, which could see a possibility of regular lockdowns. Businesses need to plan accordingly. Capital will look for countries that are less battered. Western economies are badly battered while countries in Africa, etc are not so battered. Global Capital could flow…
