The N25billion Human Resources department

What will the Human Resources department look like as the New banking emerges with the N25billion capitalisation being requested of banks by the CBN. Which people management strategies will be employed from day one? What competencies and structures will we need to manage our chief resource (people) in the consolidated organisations that will emerge when the dust of the capitalisation exercise finally settles? Basil Onugu in his piece to Atedo Peterside on this same issue loaned us the phrase ‘New banking’. It would seem that this … [Read more...]

The Power of Learning

People who earn hundred times your salary aren’t hundred times smarter or more productive. The only difference between you and them is that they know something you don’t. Then it is our responsibility to learn that “something”. You have to find out what successful people know that has made them successful. The only way to do that is to get educated on the topic. Go into the home of any self-made person, and chances are you’ll find a library containing books on business, success, and wealth creation. The question you need to ask yourself is: Which came … [Read more...]

Hiring Great Talent Takes GUTS!

Hiring great talent takes guts. It takes a lot of nerve to decide to only hire the best man/woman for the job, regardless of environmental influence, no matter whose ox is gored. And these pressures are real, let’s not make light of it at all. But a lot of the pressure also comes from inside of you. This has made it very difficult for people to assemble the best team possible to them. I’ll give you an example. One of Abraham Lincoln’s earliest political enemies was Edward Stanton. In one speech he called Lincoln a “low, cunning clown,” in another he … [Read more...]

Beyond Business Model: Why A People Model Will Be The Next Differentiator (2)

This is the concluding part of the series 'Beyond Business Model: Why A People Model Will Be The Next Differentiator'. If you missed the first part, you can click here to read it. I strongly suggest you do for proper understanding of what's going to be discussed in this article. Inspiration and values. This speaks of quality of leadership; organizational values & behaviours; reputation of organization; risk sharing; recognition and communication. Would you channel your “discretionary effort” into your work if you believed that your organization’s … [Read more...]

How Many Need A New Boss? (2)

A New Bosship model: Partnership and Release We are being tasked to create new solutions, or new approaches to old problems, and to open new vistas of opportunities. The older generations happened to create a lot of wealth but also matched them with problems. To survive, to resolve the quagmire, to match their success or to even exceed it (which is actually what is required), would task the ingenuity of each of us and most importantly, the collaborative energies of us all. Therefore the new boss model should be one that is focused on partnering with … [Read more...]

Beyond Business Model: Why A People Model Will Be The Next Differentiator

Developing a business model is required, but a People model will be the next differentiator. There is an opportunity I see within the entire ruckus going on around us. Call it the silver lining on a dark cloud. I suspect that we are on the brink of large scale business rebirth. There’s truly a lot going on at the moment that it may be difficult to find a method out of the madness. As we speak global markets are undergoing spits and spurts in an attempt to rise strong out of the financial crunch. The Nigerian capital market hasn’t made it out of the … [Read more...]

Vacancy: Mentors Needed Urgently

His was the first rap album to be nominated for “Album of the Year” at the Grammy Awards. His major-label debut album, won a Grammy Award for Best Rap Album. His next album became the fastest-selling solo album in United States history.His third major album released in 2002, also won a Grammy Award, making this artiste the first to win the award for Best Rap Album for three consecutive LPs. He then won the award again in 2010 and in 2011, giving him a total of 13 Grammys in his career. He holds the record for most successive US No.1 albums by a solo … [Read more...]