OPINION: The rapidly escalating challenges from the COVID-19 global outbreak present critical people issues for organizations to assess and address if they want to keep relevant in the market.
For the National security Fund(NSSF), if they want to keep a good performance, they have to make sure that their 700 employees are enhanced with good work experience and impact. Any organization that will disregard their employees through taking drastic measures like salary cuts without involving them is likely to face the brunt of underperformance.
NSSF team must be highly motivated for them to be able to give a positive and healthy financial performance whereby in the FY 2020/2021, they have managed to grow their assets under management by 17% from shs 13.3 trillion to Shs 15.5 trillion.
Apart from their employees, NSSF is also seen coming out with covid 19 measures to cater for their esteemed customers (contributors) with measures to help them. The NSSF invalidity benefits scheme where NSSF customers who have been admitted due to covid 19 shows that the organization has been able to move out of their comfort zones.
We pray that they continue to even sponsor programs that can help the countrymen and women to overcome the devastating impact of covid-19.
The author (Ben Ssebuguzi) is an economist, entrepreneur and Secretary General of Uganda Poor Youth movement.