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My Book: “Appropriation of Global Resources and Development Challenges in Africa”

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Here are my little scholarly contributions to the society and the Black race in particular. I am very happy to share my thoughts, and I am very confident that you will find value in it. The book tithed Appropriation of Global Resources and Development Challenges in Africa gained feat from a concern with the contemporary African situation. Which reveals an asymmetrical inter-action between the world’s regions and poverty in the developing world, though; this is not peculiar to Africa as other climes have the same development challenges.

The appropriation of global resources results from the complex interplay between the global north and the global south. However, it seems that the developed nations are the major beneficiaries of such inter-action as their share of world trade and finance have been expanded at the expense of developing countries in general; Frank (1972) has called this process “the development of underdevelopment.” In this view, the development of the rich nations and the underdevelopment of the poor ones are but two sides of the same coin, as underdevelopment of some nations has made development for other nations possible, and the development of other nations made the underdevelopment of other nations possible.

The importance of this book cannot be overemphasized, as the book vividly x-rayed the unequal distribution of resources at the international spheres of relations, which the reader will subsequently discover. The book further reveals the ecological disorganization, massive poverty, debt crisis and consequent underdevelopment in Africa as caused by the arrogation of global resources by the global north.

Writing this book is a bit like gathering some raw materials and through an extensively refining process, shapes them into a finely tuned high performance automobile. Hopefully, the facts and interpretation that follow will make a significant contribution towards reinforcing the conclusion that Africa’s underdevelopment exist because Africa holds a peripheral position in the League of Nations. And the only possibility for Africa to be ranked among the category-kings in the comity of nations is on the basis of a radical break with the international capitalist system of dependence, which has been the principal agency of underdevelopment of Africa over the last five centuries.

The WhatsApp and Slack Discussion Groups Created By Participants of Tekedia Mini-MBA

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Thank you Tosin Asonibare and Segla Segla PMP, CLSSBBP, MBA for what you are doing for our community at Tekedia Mini-MBA. The cumulative feedback from many attending the WhatsApp & Slack group sessions is superb. It is amazing how hundreds of members have come  together within 4 days for the chats. From our Faculty, we will continue to work hard to have contents that educate and inspire.

And to Arinze Onyeasigbulem (an undergrad), I am confident that you are learning as you provide support to these professionals in these communities.

Congratulations to our community members. The record is that hundreds of members joined Tekedia Mini-MBA WhatsApp & Slack groups for knowledge sharing today. The discussion was on Digital Transformation and Innovation. The yesterday one focused on Innovation & Growth. As noted, Tekedia Institute is not coordinating this event though we support it. I want to THANK senior community members across the world who are helping our young ones to learn and understand.

Some of the participants fed me in on how impactful it was examining the lecture notes and the class videos. This is the original goal: a community to co-learn and co-share. Please go to the Digital Board and join the group. They have a Slack group also.

We continue to welcome new members to Tekedia Mini-MBA

To our community members, I suggest you join if you have time. The update was they spent 4 hours today examining the management constructs from  Week 1. Join the Slack group as they are out of space on the limited Whatsapp capacity. Link is in the Week 1 Board.

We continue to register new learners; join us.

https://www.tekedia.com/mini-mba-2/

Events Are Turning Against Trump And His Reelection Bid

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Last week started on a rather bad note for the US president, Donald Trump. Series of events turned out against his wishes to compound the controversies surrounding his already troubled-filled presidency and bid for reelection.

On Monday last week, the Supreme Court delivered a landmark judgment on the rights of the LGBTQ people to be treated without discrimination at work.

The Trump administration had in August 2017 filed a brief with the Supreme Court arguing that gay workers are not protected by federal civil rights laws, as it has argued previously about transgender people. The brief was based on the argument that the Title VII of the Civil Rights Act of 1964, which prohibits employment discrimination based on race, color, religion, sex and national origin, does not prohibit discrimination based on sexual orientation: Which means that gay and transgender people can be discriminated against at work because “the ordinary meaning of sex is biologically male or female, not sexual orientation.”

However, the Supreme Court interpreted the Title VII of the Civil Rights Act of 1964, to include sexual orientation – thus making it illegal for transgender or gay people to be discriminated against because of their sexual orientation.

“An employer who fired an individual for being homosexual or transgender fires that person for traits or actions it would not have questioned in members of a different sex. Sex plays a necessary and disguisable role in the decision, exactly what Title VII forbids,” Supreme Court’s Neil Gorsuch, wrote for the verdict.

It was a blow that Trump had no choice than to accept. He said it is “a very powerful” decision and “we live with” it.

“They’ve ruled and we live with their decision. That’s what it’s all about, we live with the decision of the Supreme Court,” he said at the White House roundtable on senior citizen issues.

As if that’s not enough, on Thursday, the Supreme Court delivered yet another blow to Trump’s administration’ quest to end an Obama-era program meant to protect individuals brought to the US illegally as children called DREAMers from deportation.

The program known as Deferred Action for Childhood Arrivals (DACA), has protected over 700,000 individuals from immigration clampdown. But in his campaign to purge the US of illegal immigrants, Trump has vowed to dismantle the program, and has gone to court to lawfully fulfill his aim.

In his ruling, the Supreme Court faulted the process of the cancellation of DACA, calling it illegal. In a 5-4 vote that decided the ruling, Chief Justice John Roberts said: “We do not decide whether DACA or its rescission are sound policies. The wisdom of those decisions is none of our concern. Here we address only whether the Administration complied with the procedural requirements in the law that insists on ‘a reasoned explanation for its action.’”

Former Attorney General Jeff Sessions, had in 2017 declared DACA illegal and unconstitutional without given detailed reason, or justification even when there are many dispositive concerns to address. It’s based on this that the case was ruled against the Trump administration but didn’t rule out future attempts to end the program.

Trump said his administration will submit enhanced papers shortly to fulfill the Supreme Court request.

“The Supreme Court asked us to resubmit on DACA, nothing was lost or won… we will be submitting enhanced papers shortly in order to properly fulfill the Supreme Court’s ruling & request,” he tweeted on Friday.

Although the Trump administration has a shot at a favorable ruling, it may take months or years. The November presidential election is far from certain for Trump and will surely change everything if he loses.

But that’s not all that Trump has to worry about. On Saturday, the US District Court Judge, Royce Lamberth ruled that the Justice Department’s request to stop the former national security adviser, John Bolton, from releasing his memoir about Trump is not attainable. Lamberth said the book had already been “printed, bound and shipped across the country,” so the damage has already been done.

“While Bolton’s unilateral conduct raises grave national security concerns, the government has not established that an injunction is an appropriate remedy. The damage is done,” he said.

Though the defendant Bolton won, the judge scolded him so much for gambling with the US national security and private information that Trump claimed victory.

He tweeted: “BIG COURT WIN against Bolton. Obviously, with the book already given out and leaked to many people and the media, nothing the highly respected Judge could have done about stopping it… BUT, strong & powerful statements & rulings on MONEY & on BREAKING CLASSIFICATION were made… …Bolton broke the law and has been called out and rebuked for so doing, with a really big price to pay. He likes dropping bombs on people, and killing them. Now he will have bombs dropped on him.”

Judge Lamberth warned Bolton that he could face criminal charges for divulging classified information and private conversations. Thus, Trump seems he can’t wait to sue Bolton.

But that will not reverse the damage the book may have caused. Trump’s reelection bid is proportionately being weighed in the pages of Bolton’s book, and the knowledge therein, may end his Washington career.

On Saturday, Trump’s rally In Tulsa, Oklahoma suffered a serious audience deficiency that questions the enthusiasm of his supporters. The Bank Oklahoma Center with a capacity of up to 19,199 seats was graced by 6,200 people only, a very poor start to his reelection campaign that signals dwindling support that may eventually advance to worse.

Trump boasted in a tweet last week that nearly one million people have signed up for his rally. But TikTok teenagers said they had signed up in large numbers for tickets with no intention of attending, which is a big blow to Trump’s campaign that had enjoyed the support of young people.

The current demonstrations in the United States and around the world, triggered by the death of George Floyd in the hands of the police and spurred a campaign against racial injustice seems to have impacted how people look at Trump’s leadership. It is believed that America has never been divided as it is now, all thanks to the hates stoked by Trump’s divisive leadership that many people are now working hard to change.

5G Roll Out: Singapore Telcos Choose Ericsson and Nokia Over Huawei Amidst U.S. Pressure

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Most parts of the world have been pushing to cage Huwaei

Huawei woes continue to compound under the influence of the United States. In the latest slap to its quest to lead global deployment of 5G, Singapore’s biggest wireless network operators have selected Nokia and Ericsson over Huawei Technologies Co Ltd for its 5G roll out.

The requirements given to the telcos in selection of their fifth generation suppliers involves national security consideration. The U.S. has been urging its allies to choose Nokia and Ericsson over Huawei due to the latter’s link with the Chinese military.

Thus, a joint venture between MI and StarHub that was awarded one of the city-state’s 5G licenses announced that it has chosen Nokia to build its radio access network and to supply the core and mmWave networks.

But the company said it’s also looking to bring in other networks parts through Huawei and ZTE, according to Reuters.

Singapore Telecommunications also said that it has selected Ericsson to negotiate the provision of ran, core and mmWave networks.

However, the telecom regulator said no one was excluded from the selection; everyone was given equal opportunity, including the selection of preferred frequency spectrum lots and vendor partners. But the selection was made based on the requirements rolled out by the regulator which laid emphasis on security, resilience and performance.

The Singaporean minister for communication, S.Iswaran said Australia’s TPG Telecom, which has built a localized 5G network in Singapore will use Huawei.

This is coming at the same time the U.S. government has named Huawei and other tech companies of Chinese origin, among those being controlled by the People’s Liberation Army.

Washington on Thursday announced that video surveillance company; Hikvision and Huawei are owned and controlled by the Chinese army. The development has opened a way for financial sanctions from the United States government.

The announcement followed the security scrutiny that resulted in the trade backlist of the duo last year, and there has been immense effort by the U.S. government to convince its allies to reject the services of Huawei and other tech companies that are believed to be under the influence of the Chinese authorities.

Earlier this month, the United States government offered to pay for Brazil’s 5G roll out, if they would abandon Huawei.

The Department of Defense (DOD) shared a document listing 20 companies operating in the United States that the government believes are working for China.

The list includes China Mobile Communications Group, China Telecommunication Corp and aircraft manufacturer Aviation Industry Corp of China.

The released list ushered in a new wave of tension between the two world economic powers, though Washington did not say if it is going met out financial sanctions.

Washington has been under pressure by the U.S. lawmakers to release the list as the concern about national security heightens amidst the growth of Chinese tech companies operating in the United States. A 1999 law mandated that a list of Chinese military companies operating in the U.S. be compiled, fueling the yearning, particularly by members of the congress, for the Defense Department to draw up the designation.

The new wave of events pertaining to Huawei and other Chinese companies has put them on the spotlight and created a stigma toward them, and yet, some of the U.S. lawmakers think it’s not enough.

“The list is a start, but woefully inadequate to warn the American people about the state-owned and directed companies that support the Chinese government and Communist Party’s activities threatening U.S. economic and national security,” said Republican senator Marco Rubio.

But the spotlight is now more on U.S. allies. As the tension escalates, the United States is depending on its allies to tie loose ends where Huawei and others can spring a surprise from. Companies in and outside the U.S. have limited freedom to engage Chinese companies owing to pressure from Washington.

Reuters reported that the Defense Department’s list also includes China Railway Construction Corp, China Aerospace Science and Industry Corp (CASIC), as well as CRRC, the world’s largest maker of passenger trains, which has won contracts in some states of the U.S., including Chicago, Los Angeles and Philadelphia by bidding lower.

As the U.S. government takes more swipes at Chinese companies for the sake of national security and economy, it’s not clear what measures the Chinese government’s retaliation will take. What is clear is that more and more allies of the U.S. are bending to every pressure she exerts, and Huawei’s global 5G leadership dream is increasingly becoming unrealistic.

Business Plan – Writing Actionable Business Plan II

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”You must be like a sniper rifling in on your highest priority at the moment rather than a machine gun shooting off randomly by attempting to do too many things at the same time.” Words by legendary Brian Tracy

This is the concluding part of the first series that was published in this Media last week. A lot of people had called, emailed and even chatted and requested the concluding parts. Thankfully, here we are. For those who were not privileged to read the first series, please check this link. 

Business plan is not something you rush to write, it requires painstaking and meticulous effort; and in doing this, the following tools are sine-qua-non (necessary) in writing an actionable and executable business plan:

  • * Live Plan
  • * Business Plan Builder
  • * com
  • * Business Plan Pro
  • * Start Pad
  • * Equity Net
  • * Enloop
  • * One Place
  • * The Business Plan Shop

There are key takeaways that you can get from these tools when writing an effective and efficient Business Plan. You can look out for them in any of the web search engines. Some of them are listed as: 

  • Being able to carry out comparisons on peer groups and industries
  • Being able to carry out customisable fiscal year (Not everyone can do this. It requires one who is exposed to the accounting profession. Worry not. You can contract this section out)
  • Ability to export the financial charts in Excel format
  • Highlighting the unusual and out of bounds data (I talked about assumptions in the first series)
  • Imports or the use of some accounting softwares like QuickBooks, Sage amongst others
  • It also reviews the legal section of the business and how the owners intend to relate with all stakeholders
  • The manufacturing section is also a key or critical point. Maybe, the business you intend to start is for manufacturing purpose
  • Milestones and other expectable objectives and their time frame need to be included.

Now that you have been armed with the essential nuggets, you must follow the tips provided in the two series of this topic so that you can get the desired result that you seek.

Remember as always that your Business Plan must pay attention to the critical business concepts like strategies, marketing conditions, products, services, competitors, financial needs, employees and their competencies etc.

Recall, you are at liberty to consult other resources and even contract the preparation of an actionable winnable Business Plan. Business Plan is not an end in itself but a journey that would always serve as your business compass as long as the business is in existence.

In conclusion, you can always resolve to ask questions or write to us for further consultations.

I leave you with the words of Winston Churchill, former British Prime Minister: “Plans are of little importance, but planning is essential.” 

 

How To Write Actionable Business Plan