Helping SMEs Survive the Crisis, Together
- Name: Alex Okello
- Job title: Founder
- Company: St Eliza Healthcare Services
- Programme: Survive to Thrive
- Country: Uganda
When COVID-19 hit Uganda, Alex Okello saw revenue at his affordable healthcare clinics drop by more than 50% almost overnight, as patients delayed non-essential visits.
Alex, the co-founder of St Eliza Healthcare Services, knew his business was in trouble but wasn’t sure about what steps to take to ensure survival.
As one of the first participants in AMI’s Business Survival Bootcamp, launched in March 2020, the free two-week programme and tools came at the right moment.
Using the scenario mapping and cash-flow planning tools he pulled his team together and came up with an emergency cost-cutting plan to keep the hospital afloat.
“I’m so happy that I realised the impact this was having on cash-flow early,” said Alex, whose clinics provide quality healthcare services for women, children, and the elderly in Kampala.
With the cash flow projection tool, we realised our business would be losing if we continued operating the way we were operating. We worked together with our staff to come up with a solution, and the buy-in, ideas, and collaboration from our team was powerful.”
More than 2,000 entrepreneurs like Alex have now taken AMI’s virtual ‘rapid response’ Business Survival Bootcamp, from 36 countries in Africa.
Related posts
Uber Eats & AMI Empower Restaurant Entrepreneurs with Practical Tools & Cash Prizes!
The African Management Institute (AMI) recently partnered with Uber Eats, one of the leading food delivery companies, to launch an exciting program that transformed the lives of entrepreneurs and their businesses through practical tools and cash prizes towards their businesses.
Transcending loyalty is a condition for the survival of organisations and humanity
In a rapidly evolving world, blind loyalty can hinder growth and adaptability. By embracing change, innovation, and diverse perspectives, organizations can thrive and humanity can progress. This forward-thinking approach ensures resilience, fosters creativity, and promotes a more inclusive and sustainable future for all.
Thriving as a business requires looking outward and looking inward.
Thriving as a business requires a dual focus: looking outward to understand market trends, customer needs, and competitive landscapes, while also looking inward to optimize internal processes, cultivate a strong company culture, and foster innovation. By balancing these external and internal perspectives, businesses can adapt to changing environments, meet customer expectations, and sustain long-term growth. This holistic approach ensures that companies remain agile, responsive, and resilient in the face of challenges.