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Turning challenges into opportunities: UK firm to equip Nigerian leaders

TEXEM UK is a United Kingdom-based company founded by British -Nigerian Dr Alim Abubakre; that offers African and global leaders services on successful leadership strategies, among others.

Its next project is to equip Nigerian business and political leaders with actionable insights on “turning organisational challenges into strategic opportunities for sustainable success in volatile times”.

Caroline Lucas, TEXEM’s Director, 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 programme coming up between Dec. 1 and Dec. 2, at Wheatbaker, Ikoyi, Lagos.

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

“The unpredictability, uncertainty and ever-changing economic environment require more than just planning to sail through.

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

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

However, the statement asserted that putting the approach into practice is of utmost importance, as there was a need to look for the best practical solution available.

It further notes that organisational challenges are many, and the strategies that work for one organisation might not necessarily work for another.

The statement pointed out that the impact of different challenges, even the covariate ones, was not uniform when viewed critically.

It observes that at the end of the day, every organisation needs its distinct strategic approach to dealing with the many challenges it faces in these volatile times.

“Learning from successful organisations worldwide, the secret that every leader or executive should 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, responsive to the external environment and the judicious use of scarce resources.

“It implies knowing how to leverage strengths while minimising any weaknesses.

“While it might involve some risk, having a plan for turning challenges into strategic opportunities prepares you and your organisation to achieve goals effectively and efficiently,” the statement explained.

It said the TEXEM programme, which is also open to virtual participants, has the world-renowned and accomplished Prof. Paul Griffith as its lead faculty.

He is a Professor of Practice at Ashridge Executive Education at Hult International Business School and the world’s first Management Professor to lead a team that launched a rocket to space.

Speaking on the coming programme, Griffith noted that “the operating context has never been as volatile and uncertain”.

“We are all working in a fast-paced environment characterised by stiff regulation, dwindling government revenue and changing government regulations. But, it will never be as slow as this again!

“Rather than just survive, for organisations with the right thinking and best practice, this creates an excellent opportunity for thriving.

“Leave the competition behind; build strong, profitable growth and organisational core competence using the tools and techniques that we will share on this programme,” he added.

Past participants also made some remarks about TEXEM’s programmes.

“It is the first time I am doing a local programme in Nigeria, and it is actually quite interesting.

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

“I also like the edgy conversations we had with Christian and Alim. It’s quite thought-provoking,” Effiong Okon, Operations Director, Seplat, said.

“It’s very insightful and a good programme on Leadership and Executive Management.

“It has opened my eyes to understanding 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,” Akeem Muriokunola, Lagos State Head of Service, said. (NAN)

*PHOTO: Dr. Alim Abubakre