Uganda is set to host the first of a kind strategic leader’s summit courtesy of Human capital international a United Kingdom based entity with the intent of engaging entrepreneurs, leaders, academia and public officials on the need to understand fundamental business strategies that shall go a long way in transforming the promising but fragile economic fortunes of locally based entities.
Also, this event which intends to be held annually starting with this 20th February this year, will among other issues wholesomely brainstorm on various governance and entrepreneurship challenges confronting the African continent. This has been revealed at a press conference that was held at Sheraton hotel, today.
Addressing journalists this Tuesday, Dr. Emmanuel Dei- Tumi one of the organizers of this event underscored the need for unique and creative thinking if Africa and Uganda, particularly is to navigate key bottlenecks some of which are a product of globalization forces.
“This summit will help entrepreneurs, business leaders, policy makers and academia understand the forces that are bringing sweeping changes on the continent and how these changes relate to human capital development on the continent. It will also create a platform for participants to share experiences and recommended strategies for leading during uncertain times”, Dei-Tumi explains.
On her part, Annet Kihuguru the Eco bank Executive Director underscored the importance of business literacy which she says is fundamental in the growth of a business entity, the stature notwithstanding.
According to her, most businesses do not necessarily fail due to lack of finances but rather largely due poor management skills on the part of budding entrepreneurs.
“In Uganda, for example, according to statistics 30% of our business start and fail in the first year yet they have all the best intentions. But one of the key factors that we believe makes theses businesses collapse is lack of leadership,” Kihuguru said.
Besides that, she also implored businessmen to delegate responsibility where it matters rather than running their entities alone. This she says is also a recipe for disaster in the business management sense.
Celebrated local business expatriates Patrick Bitature, the Chairman Simba group of companies and Agnes Konde former Managing Director NTV are expected to grace this event which will be held under the theme “Innovation, Leadership and Entrepreneurship Development in Times of Uncertainties.”
Emmanuel Dei-Tumi one of the organizers of this year’s fete is an award winning motivational speaker, author and philanthropist with immense knowledge in business management.