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Turning challenges into opportunities: UK firm to equip Nigerian leaders

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Turning challenges into opportunities: UK firm to equip Nigerian leaders

TEXEM UK is a UK based company founded by Dr. Alim Abubakre; offering services from African and world leaders on successful leadership strategies, among others.

His next project is to equip Nigerian business and political leaders with practical knowledge on how to “turn organizational challenges into strategic opportunities for sustainable success in volatile times.”

Caroline Lucas, TEXEM’s Director of Special Projects, who announced this on the company’s website on Sunday in Abuja, says Nigeria faces volatile times with COVID-19, insecurity, slow economic growth, among others.

Lucas says that, as it has always done, TEXEM will use a participatory method during the program that will take place between December 1 and 2 in Wheatbaker, Ikoyi, Lagos.

According to the statement, Nigerians live in a world and times of many challenges that can be very difficult for organizations to overcome.

“Unpredictability, uncertainty and the ever-changing economic environment require more than planning to get ahead.

“Finding survival strategies and opportunities for sustainable success is a fundamental competence that every organization must develop.

“While it works, this approach is often easier said than done,” he said.

However, the statement stated that putting the approach into practice is of utmost importance, as it was necessary to seek the best practical solution available.

Additionally, he notes that organizational challenges are many, and strategies that work for one organization may not necessarily work for another.

The statement noted that the impact of different challenges, including covariates, was not uniform when critically considered.

Note that at the end of the day, every organization needs its distinctive strategic approach to address the many challenges it faces in these volatile times.

“When learning from successful organizations around the world, the secret that every leader or executive must know is how to turn challenges into opportunities despite the turbulent socio-economic and political ecosystem.

“Finding strategic opportunities means having the ability to design a unique plan in anticipation of volatile future scenarios, being agile, receptive to the external environment and the judicious use of scarce resources.

“It involves knowing how to take advantage of strengths and minimize weaknesses.

“While it may involve some risk, having a plan to turn challenges into strategic opportunities prepares you and your organization to achieve goals effectively and efficiently,” the statement explains.

He said the TEXEM program, which is also open to virtual participants, has the world-renowned and accomplished Professor Paul Griffith as its main faculty.

He is a practice professor at Ashridge Executive Education at Hult International Business School and the world’s first management professor to lead a team that launched a rocket into space.

Speaking about the upcoming show, Griffith noted that “the operational context has never been so volatile and uncertain.”

“We are all working in a characterized fast-paced environment, decreasing government revenues and changing government regulations. But it will never be as slow as this again!

Rather than just surviving, for organizations with the right thinking and best practices, this creates an excellent opportunity to prosper.

“Leave the competition behind; build strong profitable growth and core competency of the organization using the tools and techniques that we will share in this program, “he added.

Past participants also made some comments about TEXEM programs.

“This is my first time doing a local program in Nigeria and it is actually quite interesting.

“The first thing I liked was the diversity of the participants.

“I also like the nervous conversations we had with Christian and Alim. It’s quite stimulating,” said Effiong Okon, Seplat’s chief operating officer.

“He’s very insightful and a good show on leadership and executive management.

“It has opened my eyes to understand that to be an effective leader, you also have to be an effective follower.

“I need to surround myself with people better than me and learn from them,” said Akeem Muriokunola, Lagos State Service Chief.

Source: NAN

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