Are you ready for the new era? Here is how to win during and after #covid19 Are you worried about being terminated by your employer during these tough coronavirus times, as companies downsize and cut costs? Do not worry. Read on. I attended on a Zoom call today 22nd May 2020, hosted by the Provisional Rotary Club of Sunshine Nakasero, Kampala on the topic, “Preparing People for the New Era (post Covid19)”. The topic was ably presented by Mr. Paul Senyomo, CEO of Mercantile Credit Bank Ltd. Below are the quick takeaways, I was able to summarize. To get an…
Great leadership boils down to trust and transparency
The coronavirus pandemic has helped expose the quality of leaders and leadership we have. People are always looking at the leader. The leader’s tone. Body language and words say a lot. Imagine you are flying up in the air, and you go through rough clouds and feel the airplane shaking, and the pilot shouts in the public address system: “have you heard that one? Another is coming. We may not go through this. I told the board that this plane needs to be grounded. I do not think it shall manage to go through this rough turbulence due to…
#COVID19 Recovery and Response Strategy
Are you ready for the new normal, or are you waiting for the return of the old normal? Take a few minutes to read the 4-steps guide of winning amid a crisis When it comes to leading with confidence during a crisis, do not get ready. Stay ready. There is just no time for preparation. The #covid19 pandemic just happened. Not one company or country predicted it. Many companies were caught unawares. Not everyone has been badly hit. Some companies have registered the highest growth since the outbreak. Many technology companies and entrepreneurs are thriving. The pandemic has leapfrogged many…
#Covid19 has redefined banking. Are you ready?
Lots of changes have happened in banking. Internet and mobile banking have redefined banking convenience. It is no longer a battle of who has the biggest head office and branch network. It is which bank is nimble and most innovative for effective customer convenience. What are your delivery channels – web, mobile (app and USSD), and integration to the payment ecosystem? If your customers cannot open an account online, check their balances, transfer money between bank and mobile, withdraw via agents or mobile money kiosks, and of course paying bills at any vendor. Modern banks have gone beyond a software…
How effective is your #covid19 response and recovery strategy?
Is your coronavirus pandemic response strategy adequate? Are you in control of the pandemic or the pandemic is controlling you? This pandemic just happened. It has since changed many things. It has changed the way we live. No close contact with friends amid restricted movements. It has changed the way we work. For many, from offices to home. We deliver remotely. It has changed the way teams gather, the way we communicate and connect. Today, onsite events and meetings have turned into virtual ones. Global gatherings are no longer physical, but virtual. #covid19 has changed our living spaces. Homes have…
Local vs. foreign investment, frustrations of doing business part 4
There is a mentality that foreign investors are better than local ones in my African countries. With rampant corruption, most officers prefer to work with ‘foreign’ companies for several reasons. They get the opportunity to travel abroad (to the offices of foreign companies) to ‘confirm’ a few things. This has a lot of benefits to them including travel allowances and kickbacks. For example, several local companies offer excellent translation services. However, what happens is that Ugandans prefer to go for foreign companies who in most cases outsource the services to the local firms at very low cost which is exploitative.…
