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Home Blog Page 6218

The Leverageable Factors of BIG Tech

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Google Facebook Apple Amazon

“When Google bought YouTube, they could compete against the dominant player in video, which was the cable industry. When Amazon bought Whole Foods, they could compete against Kroger’s and Walmart. When Facebook bought WhatsApp, we could compete against telcos who used to charge 10 cents a text message, but not anymore.Now people can watch video, get groceries delivered, and send private messages for free. That’s competition. New companies are created all the time, all over the world. And history shows that if we don’t keep innovating, someone will replace every company here today.” Mark Zuckerberg, Facebook CEO

Zuckerberg defends tech

The leverageable factors within tech should not make tech firms look like bad eggs. Walmart has private labels and to make those calls, it possibly gets some people into a room to discuss options. That Amazon uses AI to make the decision should not make it an evil company. Nearly all the “bad” tricks we see in big techs happen in our traditional industries. The only difference is that digital technologies have weaponized the efficiency of execution exponentially. So, instead of Walmart understanding just 60% of why ABS Butter will do well as Walmart Butter private label, Amazon could get to 99% on why Amazon Butter will thrive. Focusing on outcomes alone will diminish innovation!

Insights from the Ogun State COVID-19 Test Charges for Private School Students

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It is a thing of joy that our children are going back to school. We all know the risks involved but then, everything about life is a risk. Besides, those children we’re worried about are the managers of their parents’ shops and offices these days. You must have noticed that for some months now, our markets are filled with young sellers. I was shocked yesterday when I learnt that the girl handling her father’s provision store is in JSS 2. And she was doing that job perfectly well. All I’m trying to say is that the reopening of schools for students in exit classes is a good move by the government. Believe me, there’s no longer any need to keep those schools closed down.

Even though these children have been allowed to return to school, the government will not leave them unprotected. Ogun State government, for instance, insisted that every student returning to the boarding house must carry out COVID-19 and malaria tests. This is a very good initiative because it will ensure that students that test positive will not endanger the lives of others. With this, we are sure that students in Ogun State will be well protected from COVID.

However, the way in which the government is going about the test is becoming a thing that raises eyebrows. On Sunday 2 August, 2020, parents of private school students protested against the way the government is enforcing the conduct of this test. According to the aggrieved parents, they were asked by the state government to pay the sum of twenty-five thousand naira for the test. These parents questioned the reason for this payment since it was generally believed that testing for COVID-19 is free. Apart from that, they discovered that some students will pay for this test while others won’t. Well, the demand for this fee has raised a lot of unanswered questions.

Premium Times contacted the Special Assistant to the governor of Ogun State on Public Communication, Remmy Hassan, and he confirmed that students that attend private schools are to pay for their own tests. Hassan said that COVID-19 test costs “about” fifty thousand naira per person and so those in private schools should pay 50% of the cost. He, however, said that the test is free for students in public schools.

Regarding why there is a difference in the cost of the test between students from public and private schools, Hassan first said that private schools could not provide the state government with the total number of their students and so they have to pay the subsidised amount for the COVID test. Later, Hassan said, “private schools should pay half of the cost since they are profit makers.”

The decision that private schools’ students should pay for COVID-19 tests is disturbing and unfair. The SA made it look like these students should pay for the test since their parents felt they are rich enough to send them to private schools. If not, what does he mean by saying that private schools are profit makers whereas students were asked to pay when they went to the venue for the test? Is it the school or the students that are making profits? Why won’t the government task the schools directly instead of doing so through the parents?

Apart from that, since when did COVID-19 testing in Nigeria stop being free? I know that NCDC has several debunked news that people pay for the test. They claimed those news were fake and misleading. So how come Ogun State is saying that NCDC charges fifty thousand naira for test reagents, which the agency will supply? If the Ogun State government is lying, how come NCDC has not come out to refute the claims? What is actually happening in Nigeria? Has COVID-19 been turned into a money-spinning machine?

Now let’s look at the discrimination the state government is exhibiting here. What is the difference between students in public schools and their counterparts in private schools? Does it mean that the former are Nigerians while the latter are aliens? If the state government can pay fifty thousand naira (assuming that is true) for the innumerable students in public schools, how come it can’t pay for the very few in private schools? I don’t know if I am the only one that is confused here.

Like the Igbos will say, the mother hen that kept shouting when her chick was stolen by a hawk is not asking the hawk to release her chick (because she knows it will definitely not do so) but because she wants the world to know what just happened to her. Likewise, Ogun State government may insist and do what it wanted, and NCDC may keep mum about charging fifty thousand naira per test, but let it be known that their move is going to become unbearable to many parents, who are still resuscitating from the near-death economic experience caused by COVID. Apart from that, if nothing is done about this, other states in the federation may emulate this inhuman treatment and go for their unjustifiable pound of flesh.

Tekedia Now Offers Amazon AWS Credit To Innovators In Mini-MBA

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This only applies now to Tekedia Capital startups which Tekedia Capital invested in.  Attending Tekedia courses does not qualify.

I run an investing fund – and that fund has grown so well that Amazon has shown huge support. When we partner with you, we help you grow. I continue to look for great ideas to support. If we invest, you can also get up to $25,000 worth of Amazon AWS credit. We got an elevation from $10,000 to now issue $25,000 as many of our companies are growing. We can do even more if you need more resources.

From San Francisco to London, Lagos to Berlin, and beyond, we are empowering innovators of the future. Tell me what you are building, and let us see how we can assist you to get to the next level. We have 32 companies in our portfolio and together they have created thousands of jobs, generating $millions of dollars.

From today, Tekedia Mini-MBA is an accelerator, extending the school mindset of Tekedia Mini-MBA. That means, innovators and companies can have access to resources which my fund provides. If you are in our program, and need support, we will help. We have credits  to support founders and companies in Tekedia Mini-MBA who are bootstrapping or have raised small money. Then, as you grow, we will offer you more credits. Also, I spoke with Amazon this morning; a team of AWS growth will be available to also help.

Your Personal Invitation To Join Our Innovators and Project Champions

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At Tekedia Institute, we nurture innovators & great project champions. We work with universities allowing their students to take our program as an elective. We work with banks, helping them to prepare their merchant customers for the opportunities of today and tomorrow. We are working with a state government to help it move from invention to innovation.

Great companies are training their workers here. Entrepreneurs are being prepared here. Class begins Aug 10. Register today; early bird ends on Friday.

Tekedia offers an innovation management 4-month program, optimized for business execution and growth, with digital operational overlay. It runs 100% online. The theme is Innovation, Growth & Digital Execution – Techniques for Building Category-King Companies. All contents are self-paced, recorded and archived which means participants do not have to be at any scheduled time to consume contents.

CODE PROGRAM
MINI Tekedia Mini-MBA costs US$140 (N50,000 naira) per person.
MINR Add extra (optional) $30 or N10,000 if you want us to review and provide feedback on your labs.
Add extra (optional) $60 or N20,000 for each certificate specialty course. You must have attended, begun or about attending Tekedia Mini-MBA to qualify. The following Certificate tracks are available:
CLSM Certificate in Logistics and Supply Chain Management
CSBM Certificate in Startup and Small Business Management
CETS Certificate in Exponential Technologies and Singularity
CPCD Certificate in Personal Career Development
CPFM Certificate in Personal Finance & Wealth Management
CBIS Certificate in Business Innovation, Growth & Sustainability

The Certificate program is completely capstone-based. Tekedia capstone is a research paper or a case study exploring a topic, market, sector or a company. Tekedia Institute supervises the work.

Our payment options are here.

https://www.tekedia.com/mini-mba-3/

 

Nigerian Professionals’ Emotions, Sentiment as Ibadan Wants Indigenization of UI VC’s Appointment

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University of Ibadan, a federal university

In less than a few months that the University of Ibadan through the Registrar announced the vacancy for the post of Vice Chancellor of the institution, people have continued to express their views who becomes the new Vice Chancellor on December 1, 2020. In a series of articles, our analyst has highlighted academic contributions of some of the contenders. Our analyst has also pinpointed the reasons the University must be led by a strategic thinker not only planner.

Following our analyst’s pieces, Professor Ndubuisi Ekekwe picked interest in some of the insights from the  pieces and wrote two articles that focus on Ibadan’s demand for the appointment of the new Vice Chancellor from the City. In the current piece, our analyst examines people’s reactions to his [Professor Ekekwe] articles with the intent of bringing out emerging emotions and sentiments. Our data indicate that the reactions of the first 21 people generated a total of 778 emotional index, covering anger, fear, sadness and joy about the City’s demand.

Memebers of the Central Council of Ibadan Indigenes at a recent Press Conference, announcing the demand.

Over 45% of the emotional index were expressed within the sadness category, signifying the sampled professionals’ unhappiness about the demand. Despite this, over 22% of the total emotional index shows that some of the professionals are happy about the demand. From the two schools of emotion, it is clear that those in the sadness category did not see the reason why the City is indigenizing the appointment considering the fact that the institution is owned by the Federal Government.

This school also wants the leaders and elders of the City to respect Federal Character clause, which places nationalism above regionalism or ethnicity in selection. Beyond this, the school also believes that the City needs to promote abilities and capabilities of their sons and daughters who are in the race than emphasizing indigenization.  “It is wrong in an academic environment. We are talking about citadel of learning here. Meritocracy should replace mediocrity here,” a professional stressed.

“The Ibadan indigenes appealed, which is not a crime or abomination anyway, people are allowed to ask for something, even when they know they can’t get it; let alone when there’s even a prospect of getting it. The problem is Nigeria, because it never explained anything to the host communities of federal properties or institutions, so you continue to see this kind of thing across the land,” Francis Oguaju, one of the professionals said.

Another professional points out that “since admission processes focus a lot on catchment areas, leadership will follow suit. And next will be recruitment. Left for me, the only positions that should be left solely for indigenes should be junior level officers like cleaners and the rest. But I know that has been the usual practice.”

“Tribalism, ethnicity and religion that have been the bane of this country. Until we desist from them, we will find ourselves moving backward with speed while other Nations prosper. I wonder what we see in mediocrity that we celebrate it with open arms. The communities that are agitating for their own person to head some government institutions ended up worse off (i.e. NDDC), Why can’t we ask a Nation/People think and act right by appointing individuals to the right positions based on Merits and track records,” another professional pointed out.