The argument we are promoting in this content is that the success of any organization is dependent on the leadership because the organisation cannot operate above the visions of the leadership.
If I were to use my country as example, our becoming the poverty capital of the world has nothing to do with the people rather the leadership. Since independence, we have been ruled by barely literate leaders galvanized by selfishness and I dare say kleptomania. The only literate man who have tasted government said in 2023 that his personal ambition is not worth the blood of any Nigerian.
Looking at corporate business level, we are a country that make wonderful plans based on our first class ideas, but the plans always fail because of leadership that rule by a policy of no consequence for action or inaction. For example, the 1977 Indigenization Decree was a good piece of legislation but typical of all good plans, it was destroyed at implementation by appointing Nigerians who were not quite ready for the leadership of all the foreign owned companies, which they mismanaged.
Our maximum ruler, Gen Sani Abacha had to abrogate it in 1997 in an attempt to please the industrialised nations.
Yours truly worked in four of those indigenized companies and as expected from the greed of political leadership of the country, three of the CEOs sold the CEO's official residences to themselves.
Next week we shall conclude by sharing our personal experiences of how leadership reduced some very vibrant companies to shadows of themselves and others either died or left the country completely.
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