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Tekedia Career Week “Nurturing Innovators” Will Hold Nov 2-6 2020

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Tekedia Mini-MBA Career Week has been scheduled for Nov 2-6 2020.

This career week is not designed for finding jobs. Rather, it is structured to TRANSFORM workers, founders & entrepreneurs into business leaders and champions of innovation in their companies. Yet, if you have no job, by the time you are done with the series, you will have a path to one! The sub-theme is Nurturing Innovators: Career Planning & Resilience During Disruption. It will be packaged under the Tekedia Mini-MBA theme of Innovation, Execution & Growth.

Our knowledge experts for the Week include human resources experts and leaders from MNCs and startups, across industries and global regions; 14 of them:

  • Dupe Akinsiun – Head, Leadership & Capabilities Center, Coca Cola HBC
  • Nnenna Jacob-Ogogo – Head, Alpher, Union Bank
  • Precious Ajoonu  – Manager, Jobberman
  • Bukola Kogbe, Regional HR Director – Africa, Barry Callebaut
  • John Wesey – CEO, Psyntech
  • Dr Akanimo Odon – CEO,  Envirofly Consulting UK 
  • Antonia Adeyemi, CIPD – Managing Director,  StatsXperts Consulting
  • Dapo akinloye – COO, Emerald Zone, ex-HR Head, Lafarge CBG
  • Dr. Fatai Olajobi – Partner, Neo-Neurons Concept
  • Dotun Jegede, Senior Partner, Dee Bee Consulting
  • Elizabeth (Ayeni) Nyah, Human Resources Business Partner, VDT Communications 
  • Ezra Anajonu – CEO, Save’N’Fflex
  • Capt. Ola Olubowale – Manager, Viva Energy Australia
  • Abraham Owoseni.com – Principal Consultant, MindMould

All past and current Tekedia Mini-MBA graduates attend free. We will communicate mechanisms as the date draws closer.

This is a large gathering of HR directors, experts and leaders. They would share insights on how students and professionals can build their careers. They have already produced course materials and some would be speaking live.

 

To attend this event, register to Tekedia Mini-MBA ongoing session.

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

 

Amazon To Buy Autonomous Vehicle Startup Zoox, In A One Oasis Playbook

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It is a typical Jeff Bezos playbook: make the oasis (the ecommerce business) better. He did it in the data center business, supporting ecommerce, and that data center is now a money maker called Amazon Web Services (AWS). We are learning that Amazon wants to acquire autonomous vehicle startup, Zoox, for $1.2 billion. It is the same playbook: make the oasis better by deploying a game changing logistics system through a swarm of autonomous vehicles across cities and communities. And if you do that well, you cut drivers and save money at scale! Yes, machines do the deliveries, autonomously. This will give Amazon a faster and cheaper delivery system with human elements well curtailed: those strikes will be muted, fortunately or unfortunately. 

If you add the cashierless experiment Amazon is running, you can imagine a scenario where buyers do not even need to visit the stores. Simply, you buy and the autonomous vehicles deliver to you. Then, at the end, the Zoox will become a new product that would serve customers, challenging companies like Waymo and Telsa in the autonomous vehicle space. This is a good example of the one oasis strategy.

The press release.

Amazon and Zoox are pleased to announce that we’ve signed an agreement for Amazon to acquire Zoox. Zoox is a forward-thinking team that is pioneering the future of ride-hailing by designing autonomous technology from the ground up with passengers front-of-mind. Aicha Evans, Zoox CEO, and Jesse Levinson, Zoox co-founder and CTO, will continue to lead Zoox as a standalone business as they innovate and drive towards their mission.

“Zoox is working to imagine, invent, and design a world-class autonomous ride-hailing experience,” said Jeff Wilke, Amazon’s CEO, Worldwide Consumer. “Like Amazon, Zoox is passionate about innovation and about its customers, and we’re excited to help the talented Zoox team to bring their vision to reality in the years ahead.”

“This acquisition solidifies Zoox’s impact on the autonomous driving industry,” said Aicha Evans, CEO of Zoox. “We have made great strides with our purpose-built approach to safe, autonomous mobility, and our exceptionally talented team working every day to realize that vision. We now have an even greater opportunity to realize a fully autonomous future.”

“Since Zoox’s inception six years ago, we have been singularly focused on our ground-up approach to autonomous mobility,” said Jesse Levinson, Zoox co-founder and CTO. “Amazon’s support will markedly accelerate our path to delivering safe, clean, and enjoyable transportation to the world.”

Zoox started in 2014 with the vision of purpose-built, zero-emissions vehicles designed for autonomous ride-hailing, along with an end-to-end autonomy software stack. Zoox’s ground-up vehicle focuses on the ride-hailing customer, with tightly integrated features designed to provide a revolutionary passenger experience. Zoox’s approach to invention provides flexibility and the means to iterate rapidly to continuously deliver a superior experience for customers.

The photo below shows Amazon autonomous robots which currently deliver packages in selected U.S. universities. These robots depart from the Amazon Store where people can pick some packages. But if you are not interested, the robots can deliver to your house. These robots are smart, and you do not need to make any special effort to accommodate them. The first time I saw them, I recorded them. But largely, you will think an adult is crossing the road. With Zoox, an autonomous vehicle startup, Amazon will pair the two, eliminating any element of human systems. The goal is to make the oasis (the ecommerce) better through efficient and cheaper logistics. Then over time, expect the UPS, United States Postal Service, Fedex, etc to begin to buy them.

Amazon autonomous robots which currently deliver in some U.S. universities

The Sack of Resident Doctors in Ondo and Its Implications

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One of the easiest ways employers can gag their employees and stop them from complaining about unfavourable working conditions is by threatening them with a sack. This is commonly seen in the private sector but it has found its way into public sectors as well. The case of the dismissal of resident doctors in Ondo State can attest to that.

SaharaReporters reported in their paper of June 24, 2020, that striking resident doctors attached to Ondo State University of Medical Science Teaching Hospital have been sacked. These doctors were reported to have protested sometime in May for the non-payment of their salaries and allowances for the past six months. Unfortunately for these doctors, their protest was received with negative reactions.

In an internal memo dated 24th June, 2020, and titled, “Notice of Suspension of the Residency Program”, Adeeyo Babatunde, the Director of Administration, representing the Chief Medical Director of the hospital, notified all Resident Doctors that they should seek for their residency training elsewhere. The memo specified that residency training in the hospital will be suspended as from August 1, 2020. These doctors were, hence, advised to seek for the continuation of their programmes in other institutions that still offer such training.

This memo may not have been connected to the protests made by the Resident Doctors if it wasn’t specified in it. Yes, a sentence in that memo states, “This decision is to allow the Hospital focus on service delivery in order to combat COVID-19 outbreak without distraction of agitation from the Resident Doctors.” Another sentence exposed that they intend to take drastic measures for next resident doctors. This one states, “This will also allow time for proper implementation of the program when the program recommences.” Now, you can ask what they plan to implement and how they plan to do that.

It is actually not something new for people to lose their jobs. It is also not new that when people agitate against their employers for providing bad working conditions they will be asked to leave the organisation. But those practices are hardly seen these days. And worst of it all, this one under discussion happened in a government owned organisation.

If we decide to analyse the implication of the suspension of residency programme in University of Medical Sciences Teaching Hospital, Ondo, we will acknowledge that the decision of the management of that hospital is inhumane and irrational. This decision will affect Resident Doctors, Consultants, patients and the hospital as a whole.

  • The Effect on Resident Doctors

The memo gave the Resident Doctors two options. The first one is that they should find another institution that offers residency training and enrol there. The second option is that they should come back and re-enrol when the hospital starts the program again. No matter the option any of these doctors opt for, they stand to lose all the years they have spent in residency. I actually don’t know how residency training takes place but I know that Resident Doctors are placed under consultants in their desired areas of specialty to train them. Now that these doctors are asked to leave, what happens to their years of training? Another question is this, “Have they been paid the money owed to them?”

  • The Effect on the Consultants

Many consultants visit the tertiary hospitals they are attached to only once or twice in a week. The first day will be to meet patients booked under them and the next day will be to do ward rounds with their trainees, that is, if there are special cases they need to see. If there is a need for surgery or any other special case that is referred to them, they will be booked and notified long before that day. They don’t see patients who do not first pass through the Resident Doctors. In fact, they only read a summary composed by their residents to be sure of their accuracy. Consultants in teaching hospitals are like professors in classrooms – you don’t push them around and you don’t overburden them. Now imagine that you go to the University of Medical Sciences Teaching Hospital and are told that only one doctor is around and that he only wants to meet two persons, meanwhile you people are like 100 waiting to be attended to. One thing I can bet you here is that these consultants will not be bothered about the number of people waiting for them because they only choose who to see. So technically, consultants may not really be affected by the absence of their trainees.

  • Effects on the Patients

Patients will feel this impact the most. Patients, whose cases were handled by consultants, are followed up by the residents attached to those consultants. Consultants are only called if there are complications. I feel sorry for these patients because they will feel abandoned. Apart from that, this development will henceforth make it more difficult to consult with specialists in this hospital because the Resident Doctors that make it easier for people to see consultants will be unavailable. Let’s remember that most people that go to tertiary hospitals do so because they want to consult with these specialists. In the absence of these Residents Doctors, people will spend hours in this hospital and go home empty-handed.

  • The Effect on the Hospital

The management of this hospital said it wants to focus on battling COVID-19 without the distraction of agitators. Well, it might want to know that the measure it took to stop this distraction is going to create more distractions. There is possibility of other health workers complaining about their heavy workloads. They should expect complaints from patients. In fact, they should expect more agitations from all corners.

There is still time for this hospital to revert its decision to suspend the residency programme. I haven’t heard of a tertiary hospital that doesn’t engage in residency training. The hospital should dialogue with the Resident Doctors and sort out their grievances. The measure taken to handle the issue will only encourage more agitations from different quarters. Apart from that, it is wrong that people should be sacked for demanding their accumulated salaries.

What You Need to Know About Nigeria’s National Economic Sustainable Plan, According to the Presidency

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The Nigeria Economic Sustainability Plan (NESP), approved by the Federal Executive Council (FEC) on June 24, 2020, was developed by the Economic Sustainability Committee (ESC), established by President Muhammadu Buhari on March 30, 2020.

Chaired by Vice President Yemi Osinbajo, the ESC comprised several Cabinet Ministers as well as the Group Managing Director of the NNPC and the Governor of the Central Bank of Nigeria (CBN).

Five major economic strategies were facilitated.

  • Development of a Plan that responds robustly and appropriately to the challenges posed by the COVID-19 pandemic
  • Identification of fiscal measures to enhance oil and non-oil government revenues and reduce non-essential spending,
  • Creation of a financial stimulus package for the Nigerian economy,
  • Articulation of specific measures to support the 36 States and the FCT, and very importantly,
  • Support for MSMEs and the creation of jobs.

The NESP was developed in consultation with Cabinet Ministers, Heads of Federal Agencies, the Presidential Economic Advisory Council (PEAC), State Governors and the National Assembly.

The NESP has been developed as a 12-month, 2.3 Trillion Naira ‘Transit’ Plan between the Economic Recovery and Growth Plan (ERGP) and the successor plan to the ERGP, which is currently in development.

The NESP will be funded as follows:

• 500 billion Naira from Special FGN Accounts
• 1.1 trillion Naira from the CBN in the form of structured lending
• 334 billion Naira from external bilateral/multilateral sources
• 302.9 billion from other funding sources

The design and implementation of the NESP is driven by the following principles:

LOCAL CONTENT AND SELF RELIANCE: The plan promotes local production, local services, local innovation, and the use of local materials, in line with the Mandate of Presidential Executive Order 5 of 2017, on the Promotion of Nigerian Content in Contracts and Science, Engineering and Technology, and also based on President Buhari’s mantra to “produce what we eat and consume what we produce.”

ECONOMIC STIMULATION: Ensuring liquidity, preventing business collapse, and staving off the worst impact of a potential recession.

JOB PRESERVATION AND CREATION: The NESP recommends carrying labour intensive programmes in key areas like housing, roads, agriculture, facility maintenance, and direct labour interventions – all heavily utilising local materials.

PRO-POOR/VULNERABLE FOCUS: The NESP will extend protection to vulnerable groups, including women, and persons living with disabilities. It will also cater to the sectors of the economy that have been worst hit by the pandemic.

HIGHLIGHTS OF KEY INTERVENTIONS

1. MASS AGRICULTURAL PROGRAMME (MAP).
The Plan intends to ensure the cultivation of between 20,000 and 100,000 hectares of new farmland in every State, as well as support offtake and agro-processing, with low-interest credit. This will create millions of direct and indirect job opportunities.

2. INFRASTRUCTURE

a. EXTENSIVE PUBLIC WORKS AND ROAD CONSTRUCTION PROGRAMME
A minimum of 1,000 young Nigerians will be recruited per local government into what will be the largest public works programme in the history of Nigeria, amounting to 774,000 direct jobs. There will also be extensive focus on the construction and repair of major and rural roads using locally available materials like limestone, cement and granite. The roads component will include the acceleration and expansion of scope of the Road Infrastructure Tax Credit Scheme (RITCS).

b. MASS HOUSING PROGRAMME (MHP)
MHP will deliver up to 300,000 homes every year. Young professionals and artisans will organise themselves into small and medium scale co-operative businesses within the construction industry to develop these houses, which will be based on a set of standardized designs. This programme will also prioritize the use of local labour and materials. Doors, windows and other materials will be produced, finished or assembled at mass housing construction sites.

c. INSTALLATION OF SOLAR HOME SYSTEM (SHS)
This targets 5 million households, serving about 25 million individual Nigerians who are currently not connected to the National Grid. Solar equipment manufacturers will be required to set up production facilities in Nigeria, to provide the materials required.

d. INVESTMENT IN HEALTHCARE INFRASTRUCTURE
This will be done through a special intervention fund, as well as by tapping into an existing World Bank facility (REDISSE Programme), to support COVID-19 interventions in the States.

3. INFORMAL SECTOR SUPPORT
This will take the form of low-interest loans, and the easing of procedures for registration, licensing, obtaining permits, etc. Mechanics, tailors, artisans, petty traders and all other informal business people will be supported to grow their businesses.

4. BUSINESS SUPPORT FOR MSMEs
This will take the form of payroll support to designated sectors so that they can keep their employees and help maintain jobs; and also loan restructuring and moratorium for existing debt. Also, low-interest loans to boost local manufacturing and production across critical sectors, including but not limited to the pharmaceutical, aviation, hotels and the hospitality industry, private schools, road transportation, technology companies, and the creative industry, amongst others. A Guaranteed Offtake Scheme for MSMEs will function by making government a key purchaser of specific priority products made by MSMEs, like PPE, face masks, face-shields, processed food, pharmaceuticals, etc.

5. TECHNOLOGY
Underpinning the implementation of the NESP will be a focus on digital identification of every Nigerian. It is imperative that every Nigerian has a unique digital identity. The Public Works Programmes for example will, apart from the focus on providing employment, also help advance the financial inclusion and digital identification agenda. Broadband connectivity will also receive a boost, helping to create jobs and opportunities especially for young people. Also, a national programme will be launched to identify and create job opportunities in digital outsourcing.

6. EXPANSION OF THE NATIONAL SOCIAL INVESTMENT PROGRAMMES
The implementation of the NESP will see an increase in the number of cash transfer beneficiaries, N-Power volunteers and sundry traders enjoying small and micro loans through the MarketMoni and TraderMoni schemes. The pre-existing conditional cash transfer will also be extended to cover a larger number of extremely poor and vulnerable Nigerians.

7. CUT NON-ESSENTIAL SPENDING
The President has approved the implementation of the Report on the Rationalization of government agencies. The NESP will also target a reduction in average production costs of crude oil. Also, the Integrated Personnel and Payment Information System (IPPIS) will be expanded to cover all Federal Government MDAs. Non-critical and administrative capital spending will be eliminated, including purchase of vehicles (except for ambulances, fire-fighting vehicles and other essentials).

8. SUPPORT FOR STATE GOVERNMENTS
The NESP offers opportunities for State Governments to collaborate with the Federal Government on Affordable Mass Housing, Agriculture, Off-Grid Power Projects and other projects in the Plan. It also provides for the negotiation of suspension of ISPO payments by States, moratorium on deductions in respect of bailout loans, and encourages States to attain the conditions outlined by SIFTAS and other World Bank programmes, in order to access external support.

The ESC will also monitor implementation of the Plan while the Vice President will regularly brief the President on progress made.

Fixing Nigeria’s Traffic Congestion with Covid-19 WFH Tax Policy

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It is simple: if your Lagos, Port Harcourt or Kano company has approved remote work (yes, work from home, WFH), you may need to be considering a very nice community in Nigeria. It has broadband internet. It has good security. It offers 24/7 electricity. There are good primary and secondary schools nearby. And it has NO traffic. But the location is also “remote”!

Yes, if this WFH takes off, I do expect some progressive cities to offer some deals to Lagos, Kano and PHC residents to relocate. I do think if the Federal Government puts a tax muscle to it, we can solve our traffic congestion in Nigeria.

The tax model will reward the employers by encouraging companies to have WFH and get some incentives on PAYE and employee-related taxes: the more the workers are on WFH, the more progressive the tax benefits would be. The tax model must be weighted by looking at population density.

Covid-19 might have given Nigeria a roadmap to deal with its traffic congestion. Can we explore a new paradigm that deviates from building more roads to using tax policy to shape employer-employee decision making, at least temporarily, since we do not have the resources to fund the road networks? Add the largely unattainable situation of building new train stations and waterways in a time the nation does not have the resources, you will agree that WFH could offer value.

Some U.S. cities are getting creative.

As tech giants adapt and embrace working remotely, smaller U.S. cities are offering cash incentives for workers to move there. One program called Tulsa Remote offers a $10,000 grant and co-working space to remote workers interested in moving to Oklahoma. Another, Savannah Economic Development Authority, provides $2,000 grants to cover tech workers’ moving expenses to Georgia. Similar programs are available in Vermont, northwestern Alabama, and Topeka, Kansas, offering $5,000 to $15,000