There is greed. But there is also a process mistake which made it possible: building the system in a way that the left-side dog was able to rig the system through intimidation. Here, the process failed. Imagine if these animals are separated by say 6 feet, what happened would not have been possible. Of course, cost increases but a more reliable system will emerge.
Lesson: focusing on building corruption-hardened and -resilient institutions where people/firms cannot be like the left-side dog will advance nations like Nigeria than worrying on making sure the dog behaves.
You opened a bank account with no controls and focused on hiring saints when building controls would have made it impossible for the most experienced crook to cheat. Lesson on leadership.
---
1. Advance your career with Tekedia Mini-MBA (Sept 13 – Dec 6, 2021): 140 global faculty, online, self-paced, $140 (or N50,000 naira). Click and register here.
2. Click to join Tekedia Capital Syndicate and own a piece of Africa’s finest startups with a minimum of $10,000 investment.
3. Register and join me every Saturday at Business Growth Playbooks w/ Ndubuisi Ekekwe (Sept 4 – Oct 23, 2021), Zoom, 4.30pm WAT; costs N20,000 or $60.