The term strategy is one of the most used by leaders today, yet few understand it well. Many strategic plan documents lack a “strategy.” This makes winning difficult. No company wins by luck. If such companies exist, their winning is not sustainable. A good strategy and effective execution make winning a deliberate action and the focus is on maintaining a competitive advantage. Your competitive strengths must come from strategic intent, which must be articulated in your strategic plan in the form of a business model. To formulate a good strategy, leaders must deploy good strategic thinking processes to come up…
#COVID-19: What are the conditions for re-opening Uganda?
On March 30th, 2020, President Y. K. Museveni announced a 14-day’s lockdown of the country, thereby closing businesses and restricting movements of people as a social distancing strategy. On 14th April 2020, the President extended the lockdown period by another 21 days to May 6th, 2020. We are all waiting for the next Presidential directive. Will He extend the lockdown or lift it? Life has been disrupted, and many businesses may never recover from this. We all want to know what is next? During the lockdown, all small and medium-sized businesses deemed non-critical have been closed. Few businesses have been…
The death of conventional or traditional strategic planning, part 2
What is strategy? The strategy is the process of making choices about how to win with stakeholders and customers against the competition. Read: The death of conventional or traditional strategic planning, part 1 Every person and company need a strategy – they specific way to win. At an individual level, you can strategize to win by becoming a content expert or a professional – medical doctor, engineer, lawyer or accountant, or process expert – a consultant, a mentor, or speaker. Nowadays, politicking is a profession, you could decide to become one and win. Even better, you may shortcut the process…
Judge a person by his questions, not answers…
It is Voltaire who said, “Judge a man by his questions, not his answers.” He was right. So, why do many politicians lack a forum for asking questions? I only see an answer time, where after an address, a politician receives questions from the Fourth Estate members i.e. journalists who are often allowed to ask questions. If you do not ask the right questions, you cannot get the right answers. No leader can lead well without asking the right questions. When a person goes to hospital, the first thing a doctor does is to ask questions, like “when did you…
How are you empowering your children to win during this #covid19 lockdown?
#Covid19 lockdown has helped parents to know their children better. The opportunity to have a one on one with the young ones, review their school performance in detail and provide parental guidance without rushing to any meeting, is a blessing in disguise. A good family provides a strong foundation for career success. Teaching values of discipline and hard work is critical. Growing up with a single mother, I learned to fear God and the discipline of resilience and grit – the ability to complete whatever you start. Our mother would ask us to grind millet, i.e. millet flour after which…
Memoirs of Uncle George Kihuguru and student life at Makerere University, 1968 to 1995
On 18th September 2017 I received a small book from my senior, Geoffrey Kihuguru. This is the man who had taken time and effort to induct me into the role of Finance Committee Chairman at the Institute of Corporate Governance. He had personally delivered the book to my office, what a humble gesture. Download this article in pdf: Memoirs of Uncle George Kihuguru and student life at Makerere University Seeing a Memoire, I recall, I requested Geoffrey to accept payment for the book to demonstrate the value I attached to it, which I am happy that he accepted. As a…
