Everybody must embrace continuous professional
Professor Emeritus and former Dean at Cass Business School, UK, Andrew Chambers, is one of the facilitators at the forthcoming TEXEM’s programme on Strategic Leadership for Results Driven Change Management. In this interview with BUKOLA BAKARE, he speaks on how leaders can develop skillsets to govern their organisations better
you are a Professor Emeritus and former Dean at the Cass Business School. What business models can Nigerian entrepreneurs adopt to improve their businesses?
To some extent, it depends on the nature of the innovative business idea. Behind every successful entrepreneur, you will find audacity, dexterity in maximizing ambiguity, long hours, and passionate dedication. It is what sociologists would call‘‘deferred gratification’’. The gratification is in the obsession to make a success of the venture and all these skillsets are encompassed by strategic leadership and optimising performance which TEXEM’s forthcoming programme on Strategic Leadership for Results Driven Management would highlight. One reason start-ups may fail is that the entrepreneur becomes distracted by other interests. At a practical level, you must watch your cash flow with the eyes of a hawk.You are likely to need mentoring and financial support – maybe in the shape of a business angel or venture capital. Listen to what they say, but be cautious of accepting advice and support you are uneasy about.
How to achieve positive result from negative situation, by Chambers
Being excerpts of Prof Andrew Chambers interview on the forthcoming conference on strategic leadership for result-driven change management bill for May 24 and 25 at the Lagos residence of the British High Commissioner
WHAT is TEXEM all about?
These Executive Minds (TEXEM) pride themselves on their ability to customise programmes for their clients and TEXEM have a deep understanding of Africa. Also, Texem and its world class faculty partners have a very good grasp of contextual realities of operating in developing countries. Those developing countries which may be ahead of Africa (in some cases) have similar features, vis-a-vis, fragile institutions, limited infrastructure and the huge size of government. TEXEM’s forthcoming programme on Strategic Leadership for Results Driven Change Management, would be delivered by me and Clive Carpenter, Vice Chair, Business Council for Africa, at the British Deputy High Commissioner’s residence on the 24th and 25th of May.
Executives and development of fresh ideas.
Take time out to think, ask the right questions, meet with peers and stakeholders-customers, regulators and employees at all levels including those at the shop floor. Attend a TEXEM training. Empower people to share ideas, develop an organisational ecosystem that generates ideas by creating the culture, structure and process that nurtures ideas. This would help create a system that pressure tests ideas so that great ideas and innovation can flow. If you were starting this business afresh, what would be different? Listen to what others say.
How executives can be strategic leaders during this recession
I t is no longer news that our great country Nigeria is currently going through economic challenges. Economists have established the fact that Nigeria has officially entered a recession for the first time in more than two decades. Going by the figures released by the Nigeria Bureau of Statistics (NBS), Africa’s biggest economy has contracted...