Skip to main content

ORGANISATION SUCCESS: LEADERSHIP DETERMINED 3

 In concluding this Content, I wish to1 share my personal experiences in both the public quoted and the private limited companies..

Amongst the public quoted companies, I worked in four.  The 1977 Indigenization Decree made Nigerians who were hardly prepared to takeover leadership assumed leadership, results of which are apparent for all to see. They ran all the companies aground. The only ones still alive are the ones, the former foreign owners got involved in management. The remaining ones, are either dead or on life support.

The four companies in the public sector I worked, two are dead, one on life support and the fourth is still alive no thanks to the foreign owners. Another common experience is that three CEOs sold the CEO's residence's to themselves.

Finally, two things that led to their terrible performance are Greed and Nepotism.

On the other hand, the private limited companies, the leaders are qualified by blood relationship. In one particular company I worked, your link with the Chairman/Managing made you an Executive Director and have the right to give instructions to professionals employed by the company, their limited knowledge notwithstanding. 

Finally, should you insist on your  professional position, you would be told  "Go start your own company."

IMPORTANT INFORMATION

From October, 2026, I shall be alternating "INFALLIBLE?" and "NIGERIA LEADSHIP QUOTE FOR THE WEEK" every Sunday.


Comments

Post a Comment

Popular posts from this blog

HR MISTAKES BY YOURS TRULY 8

 I have a first degree in Sociology and Anthropology from the best university then in that discipline in Nigeria, the University of Benin, Benin City. During my undergraduate days, I decided not to earn naira on graduation, so when my course mates were rushing to major in Organizational Behaviour, I opted for Medical Sociology. I equally decided to go on to obtain a Masters Degree in Epidemiology so as to ensure that I work with either WHO or UNICEF where I would be paid in dollars. However, my university of choice was then being shut every other three months. This was against another decision of yours truly that I shall not spend more than 12 months for the masters program. At this point, I changed my mind to study Industrial Relations and Personnel Management at the best University then in that discipline in Nigeria, the University of Lagos, Akoka, Lagos. This major shift brought yours truly into a profession that it's major tenants contradict my major attitudes to life. Some of ...
3 comments
Read more

MANAGEMENT RASCALITY 5

A management consulting firm came to do a restructuring in a Conglomerate I worked and Evil almost had it's way. When the consultant submitted her draft report for discussion by HR Community made up of over twenty (20) Managers,  on the prompting of the HR Group Head, the consultant recommended that the HR Group Head should no-longer report to the Group Managing Director but to the Chief Operating Officer who reports to the GMD. My lone voice against the recommendation was rebuked by the HR Group Head pointing out that the COO has more daily operational duties. However, the absolute minority position was upheld in the final recommendation and today the Human Resources Director reports directly to the GMD.
Post a Comment
Read more

THE LAW OF REST 1

There are two Economics laws that best  explain, the law of Rest. These laws are: The law of Diminishing Returns and The Law of Marginal Utility. The Law of Rest states that when you work and rest and work again, you produce more than when you work continuously without rest. The application of this Law of Rest has been manifest in the practice of Bush Fallowing and/ or Shifting Cultivation in Agriculture. Applied to fair labour practice, it results in the principle of annual vacation for employees. Employees are meant to stop work and rest for 30 minutes after 4 hours of work. This accounts for why employees who work 8 hours a day,, are given 1 hour break in between the 8 hours. Applied to yearly work, every employee is entitled to a number of weeks vacation every year without negotiation. In fact in my clime, the law says, an employee shall not accumulate more than two years vacation. Any employee in any organisation where the CEO goes on vacation annually, and does not go on vaca...
3 comments
Read more