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How Can Nigerian CEOs and Managers Find Intrapreneurs in the Workplace

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“If you are looking for individuals with corporate experience for your start-up, intrapreneurs are the ones to hire because they understand corporate upheavals, but will still be driven and motivated to work towards growing your company.” Many applied studies have not been undertaken in Nigeria. In order to better comprehend the intrapreneurial spirits of 20 working-class professionals in Lagos, our analyst polled their opinions. Our research uncovered seven diverse behaviours among employees, as well as how they want their employers to recognize their achievements. From the top to the lowest, they are described here.

Seven Traits of Corporate Intrapreneurs

Trait 1: Enthusiastic. The majority of employees are eager to gain new skills that are relevant to their roles and responsibilities. This means that managers and business leaders need to have specific approaches and plans in place to figure out what each employee wants in terms of new knowledge and abilities.

Trait 2: Supportive. Many employees have the potential to inspire others to pursue their own creative ideas. This is something that businesses must recognize as soon as possible. In his article on intrapreneurship, Erik Jensen underlines four important building pieces of intrapreneurship for corporate innovation to effectively recognize this. Knowing people inside and out, articulating the business problem, recognizing risk tolerance, establishing ownership in teams dedicated to innovative ideas, and getting out of the way are all examples of these. Companies like Adobe, Royal Bank of Canada, 3M, and Lockheed Martin are getting it right by incorporating four important intrapreneurship building pieces into their programmes.

Trait 3: Inspiring. Professionals inspire people to consider their work in novel and intriguing ways. They are encouraging their subordinates to think creatively, to challenge the status quo, and to keep day-to-day operations operating smoothly. They have made it a habit to inspire others, putting their ego aside and not being afraid of failure. “In a silo, nobody succeeds.” “We must remember the individuals involved in and crucial to our success in whatever we venture–personal, professional, philanthropic, political, or private,” says Faisal Hoque, a serial entrepreneur, Fast Company contributor, and co-author of the new book Everything Connects.

Trait 4: Audacious.  Demonstrate your inherent leadership abilities. This has aided the majority of professionals in forging on with a promising new method when others may be wary. Managers and corporate leaders must recognize this and take advantage of it when selecting leaders for devoted teams working on new goods or services. Transformational leadership has been shown to be positively connected to entrepreneurial behaviour only when psychological empowerment is high, but transactional leadership has been shown to be negatively related to entrepreneurial behaviour.

Trait 5: Futuristic. Depicts how things might be in the future and what we’ll need to get there. Employees who believe in the company’s strategic ambitions and missions have this trait as one of their core characteristics. Professionals in the sample have the ability to foresee what will or might happen in the future, are concerned about the future or planning for the future, and are fast to notice, understand, or appropriately judge things.

Trait 6: Coordinating.  Professionals understand the need of cooperation in taking on new challenges and performing strategic tasks, therefore getting others to pull together to confront a difficulty is one of their behaviours. Managers must understand the components of good teamwork and assist employees in forming and maintaining high-performing groups.

Trait 7: Making workplace better. They’re cultivating an atmosphere in which people are enthusiastic about making improvements. This shows that creativity alone isn’t enough. They are creating an environment that is conducive to the development of innovative products or services. In precise terms, they are working feverishly to ensure that they have the right people, processes, and environment.

Tekedia Mini-MBA welcomes Audma Integrated Services Ltd (AISL)

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Tekedia Institute welcomes Audma Integrated Services Ltd (AISL), an engineering and construction company, to Tekedia Mini-MBA which begins on Monday, Feb 7. Led by Ferdinand Chizoba Okechukwu AMIChemE, MPMI, MNGA. we expect a great moment to co-learn with industry builders, innovators, makers and agents of economic change.

Tekedia Institute welcomes ALL – visionaries and real custodians of economies to this 12-week festival which begins on Monday.

Ladies and gentlemen, nations RISE when pioneering entrepreneurs emerge. Time for #business. Time for deeper #learning. Time for #TekediaMiniMBA.

Join us here .

 

Insights on Including Innovation in Strategic Statements from GTB, Dangote, Coca-Cola, and Others

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Companies, whether small or large, must answer two strategic issues that will decide their success or failure. What do they wish to become in particular? What do they need to accomplish in order to achieve their goals? The answers to these questions help every CEO, management, and employee achieve the company’s aims and objectives. The responses should be succinct, inspiring, clear, and memorable, expressing their (businesses’) desired short and long-term stance.

The first question’s response should lead to the creation of a strategic vision statement, while the second question’s response should lead to the creation of a mission statement. Time Thoughts recently suggested that the quality of vision impacts the creativity, quality, and originality of ideas and solutions, citing experts. A strong vision statement should push the company’s goals and objectives outside of its comfort zone.

Leaving comfort zone involves being innovative, taking chances, and continuing to learn in order to give consumers with acceptable and long-lasting solutions or products. Our analyst looked at how innovation is reflected in regional and global organizations’ vision and purpose statements to see how far they are breaking out of their comfort zones. Our goal is to learn how organizations in the oil and gas, banking, and aviation industries have connected their vision and mission statements with the innovation drive that 21st-century enterprises demand.

Guaranty Trust Bank, a commercial bank, is more innovation-driven and cultured than other organizations inside and across industries, according to the mission and vision indices our analyst devised and assessed, as well as the statements of the selected companies. Part of the bank’s vision statement says “We are a team driven to deliver the utmost in customer service.  We are synonymous with innovation, building excellence and superior financial performance and creating role models for society.”  This is part of the innovation ready risk-taking notion. Another section of the statement highlights the bank’s creativity and learning, both of which are important for the formation and adoption of an innovation culture.

The bank hints “We are a high-quality financial services provider with the urge to be the best at all times whilst adding value to all stakeholders.” Further analysis reveals that GTB’s innovation-driven and cultured characteristics are reflected in its mission and vision statements, whereas Dangote, Diamond, United Bank for Africa, Zenith Bank, Arik Air, First Bank, Oando, and Nigeria National Liquefied Natural Gas are not. Dangote and others are particularly sensitive to products/services, public image concerns, creativity, and employee and consumer concerns. According to a recent study, this could be attributed to the avalanche of papers that have appeared in recent years extolling the merits of delighting consumers and exhorting management to give them greater attention.

However, there are instances where the investigated innovation characteristics are not reflected in a firm’s vision and purpose statements, and such a corporation innovates more than innovation-driven companies. Coca-Cola is an example that quickly comes to mind. Because of the company’s commitment to sustainability, one-third of Coca-Cola cans are made from plant material. Regardless of the accomplishment, organizations such as Coca-Cola must make innovation a vital element in their strategic intent statements, as this will release employee creativity when it is part of an individual’s job responsibilities.

Tekedia Mini-MBA Welcomes The World; Register Today

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We begin on Monday, Feb 7. The first courseware drops in the Board at 12 noon WAT. I welcome professionals and learners from 41 countries in this edition. We also have many students from traditional universities through partnerships we have with their schools. This will be the best Tekedia Mini-MBA edition yet. New courses, new cases and an amazing academic festival awaits.

If you want to experience what it means for EXPERTS in markets to teach business courses, register today. When a director in Microsoft teaches cloud computing, you see the difference. When a Shell manager teaches delivering on deadlines, you understand better. When a Deloitte consultant teaches projects, you get it. When an SME leader teaches planning, you get the idea. We have 200+ faculty.

We’re Tekedia Institute and we welcome the world. Register here 

Nigeria’s Moral Panics in the Face of Abeokuta Money Ritual Killing

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Nigerian society, like other cultures, has never been immune to various anti-social practices that have destroyed societal ideals and standards. People of low socioeconomic and political rank are not the only ones that engage in antisocial behavior. People at the top and center of the social ladder have both been involved in a variety of unlawful, anti-norm, and value-based actions. Those who feel that activities that are harmful to collective social living should not be begun and carried out successfully in every part of society are causing moral panic.

Morality Versus Moralising and Nigeria’s Social Complexity

Nigeria has seen and continues to experience a variety of immoral activities, ranging from sexually motivated illicit actions to human sacrifice for ritual purposes in the pursuit of wealth, protection from evil eyes, and a long-life span. Moral panics are being caused by people, groups, non-governmental organizations, and the news media as significant conversations about the recent spike in human killings for money ritual continue on the digital domain and in numerous physical places. Our examination of various social media posts and interactions with stakeholders reveals a crucial proposition: “wrongdoers should pause and turn a new leaf in order for society to progress and become a better place to live for everyone.”

As fantastic as this proposal is, additional investigation reveals that many of its proponents are not actually giving answers to the issue. They’re simply making observations and reactions in the framework of moralising rather than morality. While individuals have primarily used morals, our research demonstrates that the news media has placed a premium on moralising. According to numerous philosophers and sociologists, morality is concerned with holding oneself or a group of people to certain standards of behaviour and recognising when those standards are not met. Moralising is the act of condemning those who engage in anti-social or unlawful behaviour without offering answers. In this case, the evildoers are mostly blamed for their activities because the ‘correctors’ did not tell them how to cease by following accepted norms and standards.

The ritual killing in Abeokuta has revived public debate about anti-social behavior among youngsters in recent days. People became interested in seeking and reading numerous groups on social media to learn how and where youths are learning money ritual skills as a result of the killing. Through the groups and mainstream media coverage of the Abeokuta killing’s aftermath, they were able to learn certain facts regarding money rituals. Taking a moralistic stance, on the other hand, will not help Nigeria. Given the country’s complexity, a morality approach is far preferable, as previously indicated. Our analyst believes that if the morality technique is used on digital platforms and in many physical venues, it will aid the government in discovering the proper agendas from the public before launching and implementing its policy agenda.