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  • mmugisa_board
    Board Affairs

    Are you a board member: answer the following questions?

    January 27, 2021 / No Comments

    On March 14th, 2013, the Board Chairman informed members at the board assembly that one of the directors had resigned mentioning busy and conflicting schedules. the primary reaction from one of the directors turned into “appropriate riddance!” the majority of the directors shared comparable sentiments. Some people are sick. They resign expected to be begged to stay, not knowing that peers and other colleagues alike are tired of their presence. You must continuously reflect on the value you add and whether it meets expectations especially of the appointing authority and your close peers. Key questions to continuously ask yourself are: How dynamic and impactful are you on the board? You need to manage board dynamics so that you impact not only fellow board members but…

    Read More
    M. B. Mugisa

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    Do shareholders play a role in the selection of board members?

    April 6, 2020

    The changing role of a Chief Finance Officer

    June 6, 2020

    You too can get on the board position and shine

    November 4, 2019
  • #WinningMindspark,  Board Affairs

    Understanding the board’s oversight and going-concern roles

    January 8, 2021 / No Comments

    The two critical roles of the board of directors are (1) oversight and (2) going-concern. The oversight role entails effective risk management and compliance enterprise-wide. While the going-concern role is about organizational sustainability through effective strategy formulation, business model, and execution. What is going-concern? It is the primary role of the board to sustainably grow the business. The board must make sure their business they preside over can never go burst or collapse, otherwise, that is a sign of a poor board of directors. The first duty of the Board is to ensure sustainable growth. This is achieved by discussing…

    Read More
    M. B. Mugisa

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    The Power of Perseverance

    August 16, 2019

    The invisible pandemic: go away #covid19

    March 28, 2020

    How to stop coronavirus pandemic from gaining momentum

    July 7, 2020
  • #summitSTRATEGY & execution,  Board Affairs

    Make your board more effective with this premium board template

    November 24, 2020 / No Comments

    The effectiveness of the board depends on the quality of the reports and papers the executive team prepares against which the board discussed are based. Yet, many leaders lack the skill to summarize lots of information into easy to read formats for a business executive. In the end, board members receive lots of information that is not easy to read thereby making the role more cumbersome and less interesting. As I have written in the past, the role of the Board Chairman is to manage the board to provide effective support to the executive team through the Chief Executive. The…

    Read More
    M. B. Mugisa

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    #WayOfTheGuerrilla: what is your sales focus? Part 2 of 7

    August 7, 2019

    Is your strategy effective? What is your covid19 response strategy?

    April 28, 2020

    What is your strategy?

    June 24, 2017
  • #WinningMindspark,  Board Affairs

    How to transform the company or person instantly

    November 16, 2020 / No Comments

    During a strategic retreat, the Chairman of the board was so impressed by my non-conventional approach to strategic planning that he labeled me Mr. Strategy. Here is what he said verbatim: “Mr. Strategy told us to focus on identifying our distinctive competence and developing capabilities to leverage it. I agree. He has also told us about focusing on a few things, by emphasizing that strategy is about making choices about how to win with customers and the stakeholders against the competition. And he is right. We have been trying to do so many things, which has made us lose our…

    Read More
    M. B. Mugisa

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    Tool #9 of 104 tools if you don’t forgive, it only hurts you

    September 17, 2018
    board

    Is your board effective?

    January 23, 2020

    What makes a good board chairperson, part 1

    October 15, 2019
  • #WinningMindspark,  Board Affairs

    Is your board value-adding? Part 3, create a climate of trust

    October 14, 2020 / No Comments

      Do your board members see themselves as peers? Is there mutual trust and candor?  In the first part, I listed the four practices that must be fostered among board members – open dissent, individual board member accountability, a climate of trust and candor, and above all, timely board evaluations to assess the board and individual board member impact. Every boardroom needs a climate of trust and candor. Say no to side-stepping on issues or avoiding difficult topics. Great CEOs communicate in detail the key issues to all directors so that they digest it as a whole. One of the…

    Read More
    M. B. Mugisa

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    Personal finance: How do you spend monthly earning of Ugx1m?

    March 3, 2017

    Do you deserve a seat on the table?

    April 17, 2017
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    Biases of an incidental Executive

    February 8, 2019
  • #WinningMindspark,  Board Affairs

    The delicate balance of the relationship between the Board and CEO

    August 24, 2020 / No Comments

    Below enjoy a brief history of the second coming of Steve Jobs at Apple. I got the story as part of a board briefing pack on the relationship between the board of directors and the executive training I attended sometime in Singapore at an Executive Leadership session conducted by some exceptional professors and leaders. The mantra, “eyes on, hands-off” must be embraced by the board to avoid surprises. It is easy for a CEO to run down a company as they continue to show a rosy picture. As Board, you must have some moment with the top directors to discuss…

    Read More
    M. B. Mugisa

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    #Mindspark 9: What is your ambition?

    January 9, 2020

    Uganda budget 2020/21: What is in it for you?

    June 13, 2020

    What does digital disruption mean for internal auditing?

    August 4, 2020
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