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Working Remotely: The Facebook’s Smart Move

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COVID-19 pandemic has ushered in a new dawn; the work ecosystem will henceforth have a remote choice on its menu that workers will choose from.

On Thursday, Facebook announced that it’s going to let its workers choose whether to work remotely or work from the office. Since the outbreak of the coronavirus pandemic, companies have recorded success in using the Work From Home (WFH) idea, and it appears it’s going to be the new normal.

What started like a joke from Twitter CEO, Jack Dorsey in time, has turned to a big catch for companies and CEOs. Many could still hear Dorsey saying: “We want employees to be able to work where they feel comfortable.”

Since Dorsey started walking the talk, a host of companies including Google and Square have jumped the bandwagon, but Facebook came with a dang that may dampen the willingness of many workers to switch to working remotely. Facebook founder and CEO Mark Zuckerberg is known for copying ideas from rival companies to get ahead in the game – that’s, when he fails to buy the company.

In this case, he seems to have found a better edge to save his company more money. In a statement, the Silicon Valley giant said that workers who choose to work from home would be paid according to the cost of living where they are working from.

“Those who move to lower cost cities may have their compensation adjusted based on their new locations… we’ll adjust salary to your location at that point. There’ll be severe ramifications for people who are not honest about this,” he said.

This is the game changer that has stirred curiosity. Is Zuckerberg operating in the guise of working remotely to achieve cheap labor?

Looking at the statement he issued on Thursday, the answer to this question appears inconsequential as he outlined the undeniable benefits of working from home, among them, reduced commuting. Environmentalists have been counting on something like that to reduce the impact of vehicle emission on the environment. More to that, Zuckerberg said the idea will make Facebook more diverse and help “spread economic opportunity much more widely around the country and world.”

Coronavirus which instigated unprecedented rise in the use of videoconferencing and spurred Zoom surge also inspired Facebook to expand its virtual apps. Zuckerberg said the WFH will help the company to accelerate the growth.

“Since so much of what we build is around helping feel connected and present with others no matter where they are – like our private messaging apps, video chat, Workplace, Portal, and eventually virtual and augmented reality – living our values will help us accelerate the development of these technologies,” he said.

In the past, Facebook has been staunch in the belief that working from the office is essential. The recent turn of events seems to have changed that, and the company is seeing an opportunity to save some cash and promote its services.

While Facebook’s decision to pay salaries appears deterrent to developing the remote work idea, workers (not only Facebook) wouldn’t mind a pay cut to work from home.

A poll conducted by analyst Jeremiah Owyang on Twitter found that 44% of workers are willing to take a 10% pay cut to work from home indefinitely. Though 56% said they wouldn’t, the 6% difference signals a new wave of working practice that is about to take over the labor market.

It is not clear if the larger or smaller number of Facebook employees is going to accept to work remotely knowing that their wages will be adjusted according to their places of residence, what is clear is that people are willing more than ever before to work remotely. In the coming weeks and months, as COVID-19 forces people who are opportune to keep their job to work from home, they will gradually adjust.

Zuckerberg said he is expecting 50% of Facebook employees to work from home over the next 5-10 years, and believes it will be the same with other organizations too. However, the challenge lies in making WFH a normal. Facebook said it’s leading the campaign even though there are lots of unanswered questions.

“Facebook will be the most forward-learning company on remote work at our scale, and we’ve been working on a thoughtful and responsible plan to this.”

With 40% of the company’s workforce willing to give the remote work a try, it will be another cost-saving strategy won by Mark Zuckerberg.

Spanish LA Liga Resumes June 8

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Stars like Messi are the attraction

In a scintillating announcement on Saturday, the Spanish Prime Minister Pedro Sanchez said the Spanish la liga has the “all-clear” to resume games in the second week of June.

“The resumption of major professional sporting competitions and, in particular, La Liga will be allowed from the week of June, 8,” Sanchez announced in a televised address.

The announcement brings to an end, speculations, anxieties and the boredom that have emanated from the suspension of the league back in March.

The future of the remaining parts of the leagues across Europe has been a subject of interest since the COVID-19 pandemic brought sports activities to a halt in the continent. The league bodies have sought ways to keep the games on or bring them back as soon as possible to save clubs from severe economic downturns.

FC Barcelona is among the Spanish clubs severely hit by the global health crisis. Having a financial responsibility of 500 million euros wage bill per annum (the highest in Europe), the Catalan giants have been desperately looking for fund to upset the bill of players’ salaries before the end of June.

In March, the players had voluntarily agreed to wage cuts so that other staff of the club could be paid. Lionel Messi and other team members took 70% pay cut to stem the financial burden on the club.

With the La Liga ready to resume next month, there is hope that Barcelona and others could live up to its financial obligations, though there are still challenges.

La Liga president Javier Tebas didn’t hide his excitement that the restriction has been lifted, but he said there is need for continuous vigilance.

“We are very happy for the decision, it is the result of the great work of clubs, players, technicians… CSD (National Sports Council) and agents involved,” he wrote on Twitter. “But we cannot lower our guard, it is important to follow health regulations and ensure the pandemic doesn’t come back.”

Barcelona has a slight 2-point lead over Real Madrid to stay at the top of the table. With 11 rounds of the fixtures remaining, the league is still open, making its completion compulsory.

However, the reopening of the stadium has come with a price. The remaining games are going to be played behind closed doors under strict precautionary conditions. The players will undergo tests for coronavirus the day before games and will have their temperature checked before they’re allowed to go into the stadium. Only 197 persons including coaching staff and match crew are allowed in the stadium.

German Bundesliga has last week resumed the league games, being the first among Europe’s top-five leagues to play matches. The Italian Serie A and the English Premier League are still working to resume on later dates.

Spain is one of the most hit countries by the coronavirus pandemic with more than 28,000 deaths from over 234,000 cases, which crippled sports activities that is a major part of the country’s economy. Tebas said the cancellation of matches would have cost Spanish clubs about a billion dollars in revenues.

The second-flight Segunda Division is also set to resume games with the Primera liga. The Spanish football federation is hoping to end all domestic games in July to give room for European competitions. So the clubs will play through midweek and weekends to finish the remaining games.

La Liga players had earlier last week resumed training, signaling readiness to resume matches.

However, against the excitement of resumption lies the realities of financial loss that will come from empty stadia. Every one of the teams is going through financial difficulties that need parked stadia to stem. With the indoor rule, fans will be watching from home and that means ticket sales will remain on hold until further notice.

But the league body appears not to be so concerned about that. Safety has been the focal point of the agreement between the health authorities and Spanish Football Federation. The numbers of players to grace the pitch for training has been cautiously reduced to 10, in order to observe the social distancing rules.

Tebas believes that the arrangement will not pose any danger to the matches since necessary safety measures have been put in place.

“That’s what I hope. We shouldn’t have any problems playing on Mondays across the eleven rounds of matches left to play. I hope for some sense from the Spanish Football Federation on this, because it’s very important for us to be able to give both our national and international broadcasters and fans across the world, football on as many days as possible to ensure as little disruption as possible,” he said.

“I Am Because We Are” – Ubuntu

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Ubuntu is the spirit that guides the Igbo Apprenticeship System – a business philosophy of shared prosperity where participants co-opetitively participate to attain organic economic equilibrium where accumulated market leverageable factors are constantly weighted and calibrated out, via dilution and surrendering of market share, enabling social resilience and formation of livable clusters, engineered by major participants funding their competitors, with success measured on quantifiable support to stakeholders, and not by absolute market dominance.

Igwebuike, Onye Aghana Nwanne Ya, Ubuntu, and Strength in Unity largely mean the same.

See it this way, a man goes into a business sector, and wins market share. Then, one day, he decides voluntarily to give out market share and immediately creates competitors for himself. And as he does that, he includes huge obligations to ensure those competitors thrive. So, magically, a system evolves where everyone is just doing well with no distorted imbalance. No one is super-rich but everyone is just fine! And the players just like it that way because “onye aghara nwanne ya” [do not leave your brethren behind] is part of the culture!

The Platform – Why I Said the Igbo Apprenticeship System is the World’s Best Business Framework

Reinventing Yourself After Covid-19 Lockdown

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“It is your reaction to adversity, not the adversity itself that determines how your life story will develop.” Dieter F. Uchrdorf (A German aviator).

The Nigerian economy nay world economy would never be the same again. The advent of COVID-19 came so sudden and caught everyone napping and panicky. Even the world powers were very much unprepared as they thought it is another epidemic like the ones that came before it. African governments were busy waiting on the World Health Organization (WHO) for direction. In fact, people had rumoured that COVID-19 was a pandemic for the whites only and that; it does not kill the blacks. Before everyone realized it, it had crippled everything that binds us together and tore the economies into shreds. As at the time of writing this article, over 88,264 Africans have contracted COVID-19 with over 2,832 deaths recorded in the continent (source: africannews.com).

Businesses in all sectors of the economy have stymied and moldered to a state of inactivity and redundancy. Most companies furloughed – placing staff on temporary suspension; and some employees have already been disengaged. Inflation is hitting the north and prices of goods and services are following the same direction. Every country’s central bank world-over is struggling to keep the economy and prices of goods and services stable or at par. Devaluation of our currency is on a free fall as measures put up by the Central Bank of Nigeria (CBN) to stabilize the naira against its counterparts in the foreign exchange market are not yielding any results, at least for now. And the continuous dependent on government handouts and palliatives are nothing but a flash in the pan- temporary and fugacious. Government, particularly our type, does not have the muscle to carry the “don’t-have” and cater for their needs much more than the teeming Nigerian youth who account for more than 60% of our population. So, there is a need for you to reinvent yourself. Take charge and be responsible for your life. 

Man must survive after all and that is the first law of nature. And to survive means one must engage in legitimate means of livelihood otherwise, criminality will be on the rise. It is based on the aforementioned, that this article is needed to pivot one into the right directions. Except one is a hamster wheel. Hamster wheel is that repetitive and unfulfilling activity that will not produce any positive result. Sadly, many of our youth and adult generation fall in this category. Doing the same thing and expecting to get different results.

Now, the big questions going through the minds of my readers are: 

  • How do I reinvent myself?
  • Are there systems I can follow?
  • Can I succeed as an entrepreneur or self-employed?
  • How can I create that needed change?

Truth is, there are some people in Nigeria who are not bothered about the effects of the lockdown. One even said to me that the lockdown can continue as long as the government wishes. That comment is from someone who appears satisfied and fulfilled and does not care about the adverse effects caused by the lockdown. You can be fulfilled and sound braggadocio like the person I talked about. In fact, the young man just opened a new outfit and has employed some youth. You too can break the growth ceiling of your life and attain that desired comfort of affluence and utopia that you seek.

To reinvent one is to rediscover who you truly are by adding those values that can make you marketable and acceptable in the society. It also means the retooling of one’s mindset by bringing in positive emotions and positive energy into whatever you have set for yourself as goals or targets. Positive energy refers beyond just mere thinking of good things but includes one being able to turn things around for one’s good.

I say it everywhere, success principles and systems are universal. If they can work for Aliko Dangote or the Bill Gates of this world, they can work for anyone. One needs to understand the underlying principles of success. Until one is open to new knowledge or ideas, the person remains in the hamster wheel. To seek new ideas and creativity through innovation, one must be humble to learn and garner new ideation, skills and knowledge. Jack Canfield the author of the Success Principles said “take 100% responsibility for your life and be very clear why you are here on earth.”

Everyone can succeed as an entrepreneur. There are four quadrants in the cash flow: the employees, self-employed, that is the entrepreneurs; the investors and business owners. And the beauty of the quadrants is that you can be in more than one at the same time as a way to guarantee yourself of financial freedom. The entrepreneur requires either rendering a service or inventing a product. And of course, COVID-19 has opened up lots of new opportunities that aspiring entrepreneurs can take advantage of. Some of these will be listed in the concluding part of this article. 

Change is one thing that people are averse to. People hate change because it upsets the status quo. But change is a constant thing which must happen. One needs to introspect on his environment. What are those things that my environment needs that I can help to create or solve? This is called studying the Gap Need of your immediate society. It is in solving other people’s problems that one can successfully be fulfilled and earns legitimate income. 

I have suggested and enumerated some nuggets to help you reinvent yourself. First and foremost, one must be a man of dreams; you must turn them into desires. And only when desires become intense; it is then you will have the energy and innate or internal drive to overcome all the obstacles that arise on your paths (Brian Tracy). Truth is everything you ever set your mind to achieve is a possibility. So why are you under-estimating your dreams? Lunch out!

Again, be very receptive to new ideas, information and knowledge. The day one stops learning the person starts dying. Do not be lost in the wind of COVID-19. Do not fizzle out in the shuffle of life. Take advantage of the numerous free online courses to add to your skill sets and values. Ask questions on how you can improve yourself. Your solution may just be a call away from you. Never die in silence. There is a purpose for which everyone was created. Yours cannot be different or be in isolation. Wake up!

 

Besides, celebrate every success and never die in it. What this nugget simply means is the idea of one not letting any success be achieved to be one’s last. Set higher goals and aim at achieving them. Imagine the best marketing employee in a firm not being able to surpass his own feat and becomes retroactive thereafter. Management would be left with no other option than to relieve the employee of his position.

In addition, do what no one has ever done before. Be the first to be identified with a particular novel idea. Innovation and creativity are twin words that can be achieved by anyone who sets their mind towards it in every human sphere without fear or limitation. What is that talent you are hiding from people that can turn you to an instant millionaire? What is that gift you have not shown that you only know about? Commodify it and see yourself as the next millionaire. 

Finally, learn from the mistakes of others. You need to get mentorship and be guided by that man or woman you admire in your neighbourhood, church or mosque, academia and anywhere. The experiences you will garner from your mentor(s) can help you avoid possible failure traps or failure paths. Who is your mentor? If you do not have one, look out for one now.

Build a community of wealthy and successful people around you. Your network is your net worth (Porter Gale). Try as much as possible to network. You can start from your family and friends and gradually expand your horizon of networks. Join organisations that share the same aspirations with you and build around them. Brand yourself. The world is closer than you ever think. Talk to people about your ideas or intentions. Many would listen and not act but do not be deterred. Meet the next person and keep on trying and using your positive emotions. You will make it with time. 

Conclusively, I urge you not to work alone. In my next article, I would share the jobs or professions that can be relevant to you in this period and years to come. Your thinking trajectory- path should be redirected into hot jobs demand, so that you can acquire the needed skills on them and stay relevant in the scheme of life.

I leave you with the words of William Arthur Ward: “adversity causes some men to break, others break record.” Where do you belong?

Muslims and Eid Celebration in the New Normal

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As Muslims end the 30 days of fasting today, they are expected to troop out tomorrow for congregational prayer, signifying the end of Ramadan and the commencement of another month (Shawwal). Eid al Fitr is the festival of breaking the fast. It is a festival that entails large meals with extended families and visits to the houses of relatives and friends. These traditions and other demands of the celebration will be altered across the world as governments and stakeholders continue initiating and implementing various measures to contain spread of Coronavirus that has infected million of people and killed thousands since late 2019.

Among the Muslims, this period is a tough time. From the beginning of the month, they were forced to change some of the traditions associated with the 30-day fasting. Majority of them in Asia, Africa, Europe, America and other continents avoided night congregational prayers and daily lectures. During the month, they hoped the virus would stop before the end of the fasting for them to observe Eid as being done previously.

To assist governments and stakeholders mitigate the effect of the virus, Muslims in many countries have pronounced the cancellation of communal events, while a number of people are seeking knowledge about how to celebrate this year’s Eid. Available information indicates that the interest in Coronavirus has been the focus of Muslims and others since May, 15, 2020. This is not surprising since the virus is impacting country and people differently. According to a report, Muslims are not expected to have the same experience during the celebration. In this regard, our analyst examines some of the old and new ways.

Exhibit 1: Public Interest in Eid and Coronavirus between April 23 and May 23, 2020

Source: Google Trends, 2020; Infoprations Analysis, 2020

The Old and New Ways

As pointed out earlier, Muslims visit each other during the Eid celebration and attending large gatherings where they eat and socialize together. Coronavirus has altered this as there will be no congregational prayers outside mosques, communal breakfasts and parties. Limited family gatherings are also expected from tomorrow till next two days. In the last three days, governments and stakeholders in charge of management of the virus have been informing Muslims and their leaders on the need to avert congregational prayers and communal gatherings. Where it is practically impossible to have more than 10 people, stakeholders expect strict adherence to social distancing and other health measures such as wearing mask washing hands with hand sanitiser or soap under running water.

Our checks reveal that Imams and other Islamic leaders are devising innovative ways of making this year’s Eid celebration memorable despite the pandemic. Information indicates that these leaders are planning virtual sermon. The sermon will be aired on local television and streamed on social media in countries such as the United States, Canada and Italy. In some countries, the idea of giving congregants instructions on how to do the Eid prayer at home is being suggested.

Insisting on Old Ways

In its interim report before the beginning of the Ramadan month, the World Health Organisation proffers measures that should be taken physical gatherings during the month. As some Muslims prefer going out to the praying grounds to adaptation of some new ways noted earlier, following the global health organisation’s guidelines would go in a long way of reducing the spread of the disease.

Here are the measures:

  1. Consider holding the event outdoors if possible; otherwise, ensure that the indoor venue has adequate ventilation and air flow.
  2. Shorten the length of the event as much as possible to limit potential exposure.
  3. Give preference to holding smaller services with fewer attendees more often, rather than hosting large gatherings.
  4. Adhere to physical distancing among attendees, both when seated and standing, through creating and assigning fixed places, including when praying, performing wudu (ritual ablutions) in communal washing facilities, as well as in areas dedicated to shoe storage.
  5. Regulate the number and flow of people entering, attending, and departing from worship spaces, pilgrimage sites, or other venues to ensure safe distancing at all times
  6. Consider measures to facilitate contact tracing in the event that an ill person is identified among the attendees of the event.