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26th, August 2025
The common strategy mistakes that kill businesses

It is common to work with companies that want to “be number one in the market.” They make it their entire strategy. A big dream, no map, they build more branches, hire more staff, and advertise everywhere.

However, within a short period, cash dries up. Why? They confuse growth with strategy. Like a ship adding more sails without checking if the hull has holes.

Most businesses are not killed by competitors. They die by self-inflicted wounds of poor strategic thinking. Read more

"Innovation is fire, and risk is water. A wise leader knows how to hold both without burning or drowning."

How to balance innovation and risk in competitive markets

It is like watching a farmer plant maize in the desert because the clouds look promising. The excitement is real, the dream is bold. But six months later, the fields are barren, the money wasted.

I see the same pattern in a companies I am advising. They rush to launch a new product, convinced the market is starving for it. The idea is brilliant, the energy is high but the losses pile up fast.

Not because innovation is wrong, but because it is done without a risk compass. Innovation without risk is not strategy. It is gambling. Read more

How to build cyber resilience in a world of constant threats

At 2:00 am, a hospital I advised once went dark. Hackers had infiltrated their system with ransomware through a junior doctor’s personal email. Monitors froze. ICU machines stalled.

The ransom note blinked: “Pay in Bitcoin.” They had invested in firewalls, yes, but no resilience plan. It was like locking the front gate while leaving the windows wide open. Patients almost paid the price.

This is the tragedy of many leaders. They think cybersecurity is a one-off project. Buy software, tick the compliance box, and move on; that is not resilience, that is hope, and hope is not a strategy. Read more

The Leadership Readiness Assessment: Preparing today’s talent for tomorrow

Assessing leadership readiness is key to identifying individuals who have the potential to take on greater responsibilities and drive organizational success. This process evaluates core competencies such as decision-making, communication, emotional intelligence, and adaptability. By understanding strengths and development areas, organizations can tailor training and support to prepare future leaders effectively. Investing in leadership readiness ensures a strong pipeline of capable leaders ready to face tomorrow’s challenges. Get started

Fraud analytics using Benford’s Law

Investigations can be extremely stressful, especially if they involve analyzing a large volume of data. You need the right analytics tools to examine the possible patterns of fraudulent occurrences if they exist in any large data set. The use of data analytics is a powerful tool for fraud prevention, detection, and investigation, and an essential part of an effective and holistic fraud risk management program. Read more

Download the Audit Committee Briefing Report
Join us at the IFIS Annual Cyber Security & Risk Management Conference – 16th October 2025!

Theme: Securing the Future – AI-Driven Security and Risk Management

Join industry leaders, cybersecurity professionals, and innovators for this premier event focused on how artificial intelligence is reshaping security and risk management. Gain actionable insights, explore real-world solutions, and prepare your organization for the future of digital defense.

PLUS – Don’t Miss Our Free Cyber Security Awareness Week!
In the lead-up to the conference, we’re hosting a free Cyber Security Awareness Week packed with practical sessions, expert tips, and engaging activities to help individuals and organizations strengthen their cyber hygiene.

📅 Cyber Security Awareness Week
📅 IFIS Cyber Security Conference: 16th October 2025

✅ Learn from experts
✅ Build awareness
✅ Strengthen your defenses

Note: Institute of Forensics & ICT Security  is a training arm of Summit Consulting Ltd

Register now and be part of the movement to secure our digital future.

For more inquiries. Get in touch with us today at 0782610333 or email us at strategy@new.summitcl.com. 

 

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