Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wp-to-buffer domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/icreasnw/web/trackingtimes.co/public_html/wp-includes/functions.php on line 6121

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the zox-news domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/icreasnw/web/trackingtimes.co/public_html/wp-includes/functions.php on line 6121
LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY MON. 30 APRIL 2018 – Tracking Times
Connect with us

Business

LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY MON. 30 APRIL 2018

Published

on

Tracking Times – headlines


LOCAL HEADLINES:

DAILY POST

Prevail on Buhari to release our members detained for celebrating you – IPOB tells Trump

2019 presidency: Buhari reveals how he will destroy cabals if he wins election

Boko Haram: How Obama failed Nigeria – Presidency

Herdsmen Killings: Buhari should forget 2019 if bloodshed continues – CAN

Dino Melaye’s recall: Kogi APC reacts to result of outcome

Buhari arrives Washington to meet with Donald Trump

Home of Nwodo, President of Ohanaeze Ndigbo bombed

Gov. Obaseki allowed a boy hit my head because I called for Buhari’s impeachment – Sen. Urhoghide

Dino Melaye breaks silence over failed attempt to recall him

What I see happening to Nigeria if killings continue – Chekwas Okorie

 

VANGUARD

Restructure Nigeria to end Biafra agitation, insecurity, others, OBJ’s aide tells FG

SEX FOR MARKS IN LITERATURE: From the novel, BURN AGAIN

Buhari is fiddling while Nigeria burns ‘ CNM

Half of Nigeria’s 36 states insolvent, survive on FAA ‘ Report

Herdsmen: 8 feared dead, scores injured in fresh Benue community attack

Looters want power back to steal resources ‘Usani

2019: ADP’ll win Delta gov poll ‘Esanubi

Itsekiri urged to demand explanation for abandoned projects

Dino Melaye survives recall from Senate

Stop these killings, Oba of Benin charges Buhari, govs

16 YEARS AFTER: Court dissolves Louis Odion’s marriage

We regret our sojourn in APC ‘Delta PDP returnees

APC CONGRESS: Lagos Progressives demand zoning of chairmanship

Privatisation not solution to national emergency in water sector, says ERA/FoEN

 

SAHARA REPORTERS

Christians In Ondo Protest Senseless Killings Of Nigerians

Benue Killings: Bishop Urges Christians Not To Fight Back

Protesting Christians Ask Buhari To Stop Incessant Killings

N10bn Scandal: NGO Asks EFCC To Probe Finance Minister, Others

President Buhari Arrives In Washington For Meeting With Trump

Nigerian Referee Banned By CAF

What Trump Needs To Know Before Buhari Tells Him I’m A Criminal By Fredrick Nwabufo

In Defence Of Muhammadu Buhari By Festus Adedayo

 

PREMIUM TIMES

Boko Haram: Nigeria did not get required support from Obama ‘ Presidency

Thugs attack senator’s political meeting

Christian groups protest, warn President Buhari to stop killings or lose 2019

Our role in attack on senator who called for Buhari’s impeachment ‘ Nigeria Police

Disgraced former SGF Lawal calls for transparent APC congresses

Health Workers Strike: Nigerian govt, JOHESU hold crucial meeting Monday

N6 billion Convention Fund: Stop lying to Nigerians, PDP tells APC

2019: Why we want Buhari’s job ‘ Presidential Aspirants

 

THE AUTHORITY

Explosion rocks Nwodo’s home

How Senator Melaye survived recall bid

Christians, Muslims in Benue begin 7 days fasting over killings

Makurdi NBA charges NPS, Others on rights of inmates

Guber aspirant accuses Bauchi govt of ineptitude

Christians protest Benue Killings

You ‘re not lazy, Saraki tells Nigerian youths

Obama- didn’t support Nigeria against terrorism ‘Presidency

Save us from Amokpo, Obinagu Amangwu youths beg Gov Ugwuanyi

Christians protest Benue killings in Abuja

 

NEW TELEGRAPH

$496m aircraft: Buhari’s extra budgetary spending

Explosion rocks Ohanaeze President’s country home

CAN to Buhari: Forget 2019 if killings continue

Insurgency: Bickering over Buhari’s purchase of fighter jets

Role of Diaspora in national devt, bilateral relationship

Nigerian workers living in worse conditions ‘ NLC, TUC

FIRS generates N1.171trn in Q1 2018

Dino Melaye survives recall, humiliates Gov Bello

AMCON injects N40bn into Arik Air, Aero, ailing firms

Charges push Chams to negative in 2017

Killings: Christians mourn, vow to vote against Buhari

Hair products for blacks could cause cancer, other diseases

Firm hires CEO for Nigeria, others

LG polls: Oyo ‘LAMISTS’ tackles Ajimobi over imposition of candidates

Tony Blair’s wife, 2 others join Dangote Cement

TRIBUNE

No one can intimidate me, I have been jailed for no offence ‘Obasanjo

Terrorism: Obama denied us needed support ‘Presidency

President Buhari arrives Washington to hold talks with Trump, others

Should bloodshed continue, forget 2019 ‘Ayokunle, CAN President tells Buhari at protest rally

Fashola’s claim on improved power supply

Dankwanbo: The redeemer cometh

Grit: A critical success factor

I am sad about politics in Nigeria, says Koleosho at 80

On Oyo new education system

2019, youths and question of political alternatives

 

PUNCH

Presidency upbeat as Buhari meets Trump today

Another $202m belonging to NIA missing, says Reps panel

Killings: Nigeria experiencing ethic cleansing, says Soyinka

Melaye recall bid fails as INEC releases verification results

FG borrows N5.5tn from pension savings, delays minimum payment

Pope decries attack on Nigerian church as Christians protest killings

AMCON MD calls for stiffer regulation of aviation

FG inaugurates panel on conformity assessment compliance in MDAs

Illegal refineries endangering lives in Port Harcourt PENGASSAN

FG’ll extend oil, gas parks beyond Niger Delta ‘Kachikwu

FGll extend oil, gas parks beyond Niger Delta Kachikwu

Give state tax agencies autonomy, Fowler tells govs

 

THE NATION

Killings: Protests, prayers in Lagos, Benue, Ibadan

Net profit hits N19.7b as Oando defies odds

CBN to sack CEOs, chairmen of banks with delayed accounts

Explosion at Ohanaeze presidents home

Abductors demand N30m for Ekiti PDP chief

Melayes recall fails as INEC releases result

Will Lagos-Ibadan Expressway ever be delivered

Adams: why I celebrate my birthday annually

Chivita Active unveils new campaign

Minister mourns Oyo Speaker, Tambuwals aide

WORLD HEADLINES:

CNN

Australia to invest millions in Great Barrier Reef restoration and protection

Trump assails Correspondents’ Association over comedian’s ‘filthy’ act

Fear the Walking Dead’ hastens makeover with surprise twist

There’s a new Democratic agenda taking shape. It’s more and more progressive. Can it survive success

Trump assails Correspondents’ Association over comedian’s ‘filthy’ act

North Korean defectors say unification requires closing a cultural chasm

UK home secretary resigns over immigration scandal

3-time cop killer released on parole

US mobile carriers agree to merge

Report: Trump’s doctor won’t return to role after withdrawing as cabinet nominee

Seen from above: Human impact on Earth

North Korean defectors say while leaders may bridge differences, societies would have much work to do

Trump expected to address NRA’s annual meeting

Jazz improv and your brain: The key to creativity

Hamilton wins after Bottas puncture

Last-gasp heroics for Fiji

Migrant caravan approaches US-Mexico border

Alfie’s Army releases balloons to honor memory of toddler

Last-gasp heroics see Fiji lead Sevens title race for first time

Patients turn to pot over pills to get off opioids

Julian Zelizer: Stop believing this myth about Trump’s base

 

AL JAZEERA

Syria army shells Yarmouk amid humanitarian concerns

Analysis: Will Pompeo end the GCC crisis?

Gaza: 3 Palestinians killed by Israeli forces at border

Armenia’s ruling party won’t stop ‘people’s candidate’

Rwanda’s Kagame accuses ICC of bias against Africa

Syria: SDF reclaim territory hours after government capture

Iraq: 19 Russian women handed life sentences for joining ISIL

Hundreds of Thais protest, defying military ban

Israeli railway to ‘entrench apartheid’ in West Bank

US secretary of state stresses need for Gulf unity

 

BBC

Dozens of migrants in ‘caravan’ stuck at US-Mexico border

North Korea: Chinese foreign minister to visit Pyongyang after historic talks

Ko wins first tournament in two years as England’s Hull finishes tied third

The NHS treatment that caused my cancer

Nigeria President Buhari to meet Trump in Washington

Fortnite: 13-year-old is game’s youngest professional player

Barca wrap up La Liga title with Messi hat-trick

Nigeria’s deadly codeine cough syrup epidemic

Games no longer where careers ‘go to die

The challenge of identifying dead migrants

LeBron leads Cavs through in NBA play-offs

Nigerian referee Joseph Ogabor banned for one year

Why does the US still have ‘debtors’ prisons

Barcelona ‘dominant in Spain but change needed for European challenge

Sundowns switch focus to Champs League after winning SA title

BBC Women’s Footballer of The Year 2018: Lucy Bronze profile

Mali FA normalisation committee to stay on until Ocotober

Who joins ‘electric’ Zaha in Garth’s Team of the Week’ Plus pick your own

Zurich Classic of New Orleans: Billy Horschel & Scott Piercy win

Ostracised and fetishised: The perils of travelling as a young black woman

Rangers job a ‘no-brainer’ for Gerrard – Shearer

 

ASSOCIATED PRESS

The Latest: Afghan official says 21 killed in Kabul attacks

Pompeo swaps no-profile espionage for overt diplomacy

In Trump era, the death of the White House press conference

Days of Our Lives

Competing US factions seek to sway arrivals from Puerto Rico

Report: Jackson not returning as Trump’s personal physician

Health care is new front for transgender rights under Trump

UK interior minister quits over growing immigration scandal

Sprint, T-Mobile have to sell $26.5B deal to antitrust cops

Port operator DP World now firmly in hyperloop business

Sprint and T-Mobile agree to combine in all-stock deal

China factory activity eases, service sector gains in April

The Dam Busters’ director Michael Anderson dies at 98

Ocean Resort owner reveals plans for former Revel casino

Danny DeVito gets his own day in his native New Jersey

Church from ‘Alice’s Restaurant’ song reopens after upgrades

Sprint and T-Mobile agree to combine in $26.5 billion deal

Health care is new front for transgender rights under Trump

White House mystery: Where is Macron’s gifted oak tree

The Latest: Pompeo offers strong boost of support for Israel

Influential Burning Man festival co-founder dead at 70

BUSINESS HEADLINES:

$11bn fines fail to deter global corruption EY report – Punch

12 Subscription Boxes You Should Definitely Try Out – Forbes

14 insurance firms’ claims up 23.15 percent to N85.84 billion in 2017 – BusinessDay

2 Cyclones And 12 Days Of Rain: Enjoying Fiji When The Weather Doesn’t Cooperate – Forbes

22 phrases Americans say that leave foreigners completely stumped – Business Insider

3 Branding Mistakes To Avoid When Scaling Your Business – Forbes

3 Emerging Sporting Goods Brands That Are Banking On Grassroots Marketing – Forbes

3 People Who Add Instant Influence To Your Network – Forbes

32 State Govts undermine N1trn insurance premium income target – Vanguard

4 Questions To Help You Decide If Long Term Care Insurance Is Right For You – Forbes

5 Podcasts Grads Should Download Immediately – Forbes

5 WWE Stars Who Will Thrive After Switching Brands – Forbes

6 Ways To Be A Sustainable Traveler – Forbes

7 details you might have missed on the latest episode of ‘Westworld – Business Insider

80 per cent of our resolutions are negotiated – The Nation

A complete guide to every song and piano cover featured on ‘Westworld – Business Insider

A hot crypto hedge fund keeps poaching talent from Goldman Sachs – Business Insider

SPORTS

2018 NFL Draft Earned Highest Viewership of All Time; Averaged 5.5M Viewers – Bleacher Report

4-Star LB Marcel Brooks Commits to LSU over Alabama, Oklahoma and More – Bleacher Report

5-Star WR Garrett Wilson Commits to OSU over Texas, Oklahoma State and More – Bleacher Report

Abayomi wins Zenith Bank ‘Next Generation’ Junior Tennis Masters – New Telegraph

Abayomi, Quadri win Zenith Bank Tennis Masters – Punch

Alex Ovechkin, Capitals Beat Sidney Crosby, Penguins 4-1 to Even Series at 1 – Bleacher Report

All set for kick-off of Headmasters’ Cup – New Telegraph

America vs. Pumas headline Liga MX quarterfinals, but can teams deliver on expectations – Goal

Ancelotti rejects Italy job – Punch

Azerbaijan: Vettel on pole, Hamilton is second – Daily Trust

Barca wrap up La Liga title with Messi hat-trick – BBC

Barcelona ‘dominant in Spain but change needed for European challenge – BBC

Barcelona Clinch 25th La Liga Title Without Losing a Single Game – FTBpro

Barcelona Seal La Liga Title with Win vs. Deportivo; Lionel Messi Nets Hat-Trick – Bleacher Report

Barcelona Transfer News: Latest on Lucas Digne’s Juventus Rumours – Bleacher Report

BBC Women’s Footballer of The Year 2018: Lucy Bronze profile – BBC

Billy Horschel, Scott Piercy Team Take Zurich Classic 2018 Win at 22 Under – Bleacher Report

Busquets pinpoints Atleti triumph as moment Barca won the title – Goal

Tracking Times – Entertainment

ENTERTAINMENT

#BBNaija 2018 Winner Miracle reportedly named Education Ambassador for Imo State – Bellanaija

#BBNaija: Bromance Between Miracle and Tobi Continues As They Both Seal New Endorsement Deal [Photos] – Gistlover

#BBNaija: Khloe Flaunts Side Boob In Red Swimsuit [Photos] – Gistlover

#BBNaija: Miracle and Tobi seal new endorsement deal (photos) – Information Nigeria

#BBNaija: Miracle Reveals Who He Wants to Take to His All-Expense Paid Trip To Dubai – Gistlover

#BBNaija: Tobi discloses his words about Efe winning out of pity were twisted – Information Nigeria

5 Ankara Styles That Melted The Internet This Weekend – Information Nigeria

Advice Column: My Friend’s Girlfriend Keeps Flirting With Me, If Only She Knows I Have HIV – Information Nigeria

AGN unveils insurance policy – The Nation

Anal Sex: 7 new ways to enjoy it – Pulse

Any Man Who Sleeps With Me Dies, 7 Gone Already, But I Need Sex’ ‘ Ghanaian Lady – Information Nigeria

Army nabs four Boko Haram suspects in Yobe State – Linda Ikeji

Atrocity: ‘My husband slaughtered our three daughters’ – Distressed lady – Pulse

Avengers’ Opens With $630m, Smashing Global Record – Channels TV

Avengers: Infinity War’ is now the Second Highest Box Office Debut of All Time! – Bellanaija

Baby Noah is One Month Old! WATCH Adanna of AdannaDavid give Updates on Breastfeeding, Routines & More – Bellanaija

Barcelona clinch LaLiga title for the 25th time – Linda Ikeji

BBNaija winner, Miracle makes grand entrance in multi million Naira Mercedes Benz SUV at the homecoming party yesterday (Photos/Video) – Information Nigeria

Business

As Nigerians Battle Pains Of Soaring Petrol Price

This is more than just about fuel; it’s about the larger picture of governance failure. The fact that a country as oil-rich as Nigeria can’t provide affordable fuel for its people is a tragedy.

Published

on

BY IFEANYI MOGBOLU

The Daily Times-The latest fuel price hike in Nigeria is beyond frustrating. Every time we think it can’t get worse, it does, and yet again, ordinary Nigerians bear the brunt of it.

It’s like a never-ending cycle, where the government’s promises of reforms or stabilisation always end up as empty rhetoric. The cost of living is already sky-high, and now, with fuel prices rising again, transport fares, food prices, and basic commodities are bound to follow suit.

It’s enraging because it doesn’t feel like anyone is truly considering the everyday citizen who is struggling just to survive.

This is more than just about fuel; it’s about the larger picture of governance failure. The fact that a country as oil-rich as Nigeria can’t provide affordable fuel for its people is a tragedy. The subsidies are gone, and now we’re left in a situation where the prices of everything keep climbing, while salaries remain stagnant or non-existent for many.

The disparity between the elites and the masses is growing, and it feels like nobody in power truly cares about the suffering of the people.

READ ALSO: NNPC Lied About Pump Price, Our Fuel Is 15% Cheaper Than NNPCL’s Imported Ones — Dangote

Hardship: ‘Suspend All Policies Impoverishing Nigerians’, NASME Begs Tinubu

Naira Hits Six-month Low In Official FX Market, Prof. Steve Hanke Slams Tinubu

The anger isn’t just about fuel; it’s about the entire state of living. Nigerians are exhausted. There’s no sense of security; power supply is erratic, basic infrastructure is crumbling, and inflation is at an all-time high. How do we live like this? Every day is a battle to make ends meet, and the government seems utterly disconnected from the struggles on the ground.

It’s infuriating that while politicians and elites live in luxury, the rest of us are left scrambling for the bare minimum. The state of living is unbearable, and the lack of empathy or real action from those in power only adds salt to the wound.

There’s a deep sense of anger and betrayal that comes with seeing your country’s wealth mismanaged, while the people continue to suffer. It’s hard not to feel like we are constantly being taken for granted, pushed further into hardship without any hope of relief. Something has to give, because this state of affairs is unsustainable.

QUOTE:

The anger isn’t just about fuel; it’s about the entire state of living. Nigerians are exhausted. There’s no sense of security; power supply is erratic, basic infrastructure is crumbling, and inflation is at an all-time high. How do we live like this? Every day is a battle to make ends meet, and the government seems utterly disconnected from the struggles on the ground. It’s infuriating that while politicians and elites live in luxury, the rest of us are left scrambling for the bare minimum.

Continue Reading

Business

Nigeria To Receive $5.600,000 From Bill Gates, For Health And Agricultural Reforms, GMOs

Alongside the activities surrounding the 79th United Nations General Assembly in New York, Vice President Kashim Shettima held a meeting with the Bill and Melinda Gates Foundation leading to the announcement of the donation by the Foundation’s head of Global Development.

Published

on

Bill Gates, GMOs, KASHIM Shettima

Bill and Melinda Gates Foundation is giving Nigeria through Vice President Kashim Shettima, a $5.600,000 funds to speedy up health and agricultural reforms in favour of the GMOs in Nigeria, and flood relief.

Through the Foundation’s head of Global Development Programme, Dr Christopher Elias, Bill Gates pledged $5 million grant approved for Lagos Business School and partners to develop the agricultural economics they called “industrial cassava” and $600,000 for flood relief in Borno State and other health sector initiatives.

Alongside the activities surrounding the 79th United Nations General Assembly in New York, Vice President Kashim Shettima held a meeting with the Bill and Melinda Gates Foundation leading to the announcement of the donation by the Foundation’s head of Global Development.

Recall that on 4 September, Bill Gates had described the Nigeria’s economy as “stagnated” and proposed agricultural reforms for faster and increased growths in crops, fruits, vegetables amongst others to enhance nutritional values of the Nigerian citizens through the agricultural sector.

In that meeting Chaired by Vice President Kashim Shettima, Bill gates urged Nigeria to adopt “innovative crop varieties with shorter growing periods, higher yields, and better pest resistance” pointing to the GMOs to address the food crisis.

READ ALSO: Bill Gates, Anthony Fauci and conspiracy theories (part 2)

Nigeria’s economy stagnated – Bill Gates

Nigeria Is Not Meant To Exist, A Collateral Damage And British Royal Niger Corporation -Burna Boy

BREAKING: Justice Binta Nyako Steps Down From Nnamdi Kanu’s Trial, As He Fearlessly Scolds Her For Disobeying Supreme Court’s Judgment

Moreover, at the 79th UN General Assembly in New York, VP Shettima reaffirmed to the Bill and Melinda Gates Foundation, the commitment of the administration of President Bola Ahmed Tinubu prioritizing health, nutrition, and agricultural development in Nigeria’s national agenda.

In a statement by Senior Special Assistant to the President on Media and Communications, Office of the Vice President, Stanley Nkwocha, Shettima said: “we are deeply committed to addressing the pressing developmental challenges facing our nation, particularly the significant malnutrition crisis”.

He emphasised the Federal Government’s dedication and urgently working to secure locations for maize production under the Telemaze programme.

VP Shettima, promising swift action to the Gate’s Foundation on import permits for certified seeds, the VP said, “We recognize the critical importance of food security and industrial agricultural development. The Cassava Accelerator programme, in particular, holds immense potential for our economy.

“We are pursuing a whole-of-government approach to digitisation and data exchange systems, which we believe will revolutionise our public services,” he added while reiterating the government’s focus and commitment to digital transformation.

“With the expertise” of Nigeria’s ministers, “and the continued support of partners like the Gates Foundation,” the nation remains confident in its “ability to drive meaningful change and improve the lives of all Nigerians.”

In his response, President of the Global Development Programme at the Gates Foundation, Dr. Christopher Elias, said the Foundation is burdened with worries of the severe flooding in Borno, and is “committed to supporting Nigeria in times of crisis.”

Speaking of Polio, the Foundation said, “We’re impressed by the national task force’s efforts to eliminate variant polioviruses by year-end,” Dr. Elias noted.

Also, President of Global Growth & Opportunity Division at the Bill & Melinda Gates Foundation, Rodger Voorhies, detailed plans for scaling up drought-tolerant maize production and advancing the Nigeria Cassava Investment Accelerator programme emphasizing that a $5 million grant has been approved for Lagos Business School and partners to develop the agricultural economics of industrial cassava.

In his words, “Industrial cassava presents a multi-billion-dollar opportunity for Nigeria,” Voorhees stressed.

He requested import permits for 5,000 metric tons of certified GMO maize seed to build a foundation seed system in Nigeria.

Continue Reading

Business

Managing, Leading, Building Institutions And Sustainability

The two primary tasks of a top-level leader are to exploit and explore the organisation with people for now and in the future.

Published

on

Babs Olugbemi

By Babs Olugbemi

One of my concerns for leaders is their capacity to be ambidextrous. Regardless of years of experience, knowledge, and leadership capacity, the lack of a clear distinction between managing and leading on the one hand, leading and building institutions on the second layer, and ultimately focussing on sustainability is a significant threat to successful leadership change.

I have followed events and people at C-suites, coached some, and developed frameworks for leadership development. Based on the personalities and styles of the new leaders, I have confirmed my fears about leadership sustainability in most African organisations.

“Successful leaders can aptly differentiate themselves and their roles without necessarily seeing activities as performance, focussing on what is required of them with appropriate tenacity and influence.”

The challenge for leaders is how to lead for the present and future without losing sight of the stakeholders’ immediate performance expectations. Successful leaders can aptly differentiate themselves and their roles without necessarily seeing activities as performance, focussing on what is required of them with appropriate tenacity and influence.

READ ALSO: Leadership, not God responsible for Africa’s poverty

BREAKING: Justice Binta Nyako Steps Down From Nnamdi Kanu’s Trial, As He Fearlessly Scolds Her For Disobeying Supreme Court’s Judgment

Afrocentric colonialism: The new face of African oppression

Health: Genotype And Compatibility, Phenotype, Blood Groups And DNA

In my walk as a leadership coach, I have keenly observed leaders who are managing rather than leading. Managing involves ensuring that processes achieve their intended outcomes. Leaders are above managing and should focus on creating an enabling environment for innovation, inventions, and team collaboration. The primary role in leading is not to monitor process outcomes, though critical to the company’s overall objectives, but to align corporate values with the people’s aspirations to create an engaged and ownership-thinking mindset ready to take on challenges and explore opportunities. An alignment of corporate and personal goals will not only deliver the present performance expectations. Still, it will also incubate innovations to adapt to future market demands and the sustainability of the business.

Unfortunately, the capacity for ambidexterity is rare and often marked by leaders’ exposure, approach and styles, perception, and perspective of their roles in the organisation. A leader with a wrong foundation in these areas is set for failure and awaits unfavourable decisions from the board of directors. A top-level leader might manage their teams instead of leading them. Not all leaders can combine leading for the present with building institutions. However, anyone able to submit themselves to an institution-building mechanism can champion sustainability. Aside from being a leadership coach, I help leaders achieve sustainability.

Mathematically, creating an ambidextrous organisation is beyond leading. It is to lead and build an institution that focuses on sustainability in all aspects of the organisation—employee fulfilment, customer retention, strategy effectiveness, performance evaluation, stakeholder management, process improvement, and goal congruence.

In a nutshell, the role of successful leaders in ambidextrous organisations is striking a balance between exploiting current assets and capabilities to ensure short-term success and allocating enough energy and resources to exploration to ensure future viability. The two primary tasks of a top-level leader are to exploit and explore the organisation with people for now and in the future. The two seemingly contradictory aspects—exploitation and exploration—encompass different strategies and processes and have different targets and outcomes (March 1991; O’Reilly & Tushman, 2004; O’Reilly & Tushman, 2013).

O’Reilly and Tushman described the two concepts as follows:

  • Exploiting: Exploiting involves building on an organisation’s achievements and maximising returns on previous investments. It focuses on responding to current business demands to remain efficient and competitive within an established market niche, as well as on maintaining an existing customer base and stakeholder relationships. Examples of exploiting are activities focused on continuous improvement, benchmarking, and redesigning business processes.
  • Exploring: Exploring focuses on expanding an organisation’s knowledge and capabilities, pioneering new products and services, and discovering and venturing into untapped markets.

The common area of practical bottlenecks in exploiting and exploring in organisations is a need for foundational trust and cohesion among the resources, especially the human capital, which are often treated as costs rather than assets to the organisations. Among all the factors of production, only humans can be ambidextrous with the capacity to think about changes in economic parameters and adjust their behaviours to match the time, content, and contextual requirements.

While organisations might have the resources to deploy in fighting competition, technology to obtain first-mover advantages, and production capacity to maximise output from input, none is compared with the potential of an engaged workforce.

Therefore, for leaders to be successful, they must refrain from operating in the realm of managing. They should operate in the capacity of institution builders, with the mindset of creating sustainable leadership and growth with people first and other factors of production second.

Consequently, only the leaders who prioritise their people over profits, pride, and organisational arrogance will be successful in the long term.

Continue Reading

Trending

Business

LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY MON. 30 APRIL 2018

Published

on

Tracking Times – headlines


LOCAL HEADLINES:

DAILY POST

Prevail on Buhari to release our members detained for celebrating you – IPOB tells Trump

2019 presidency: Buhari reveals how he will destroy cabals if he wins election

Boko Haram: How Obama failed Nigeria – Presidency

Herdsmen Killings: Buhari should forget 2019 if bloodshed continues – CAN

Dino Melaye’s recall: Kogi APC reacts to result of outcome

Buhari arrives Washington to meet with Donald Trump

Home of Nwodo, President of Ohanaeze Ndigbo bombed

Gov. Obaseki allowed a boy hit my head because I called for Buhari’s impeachment – Sen. Urhoghide

Dino Melaye breaks silence over failed attempt to recall him

What I see happening to Nigeria if killings continue – Chekwas Okorie

 

VANGUARD

Restructure Nigeria to end Biafra agitation, insecurity, others, OBJ’s aide tells FG

SEX FOR MARKS IN LITERATURE: From the novel, BURN AGAIN

Buhari is fiddling while Nigeria burns ‘ CNM

Half of Nigeria’s 36 states insolvent, survive on FAA ‘ Report

Herdsmen: 8 feared dead, scores injured in fresh Benue community attack

Looters want power back to steal resources ‘Usani

2019: ADP’ll win Delta gov poll ‘Esanubi

Itsekiri urged to demand explanation for abandoned projects

Dino Melaye survives recall from Senate

Stop these killings, Oba of Benin charges Buhari, govs

16 YEARS AFTER: Court dissolves Louis Odion’s marriage

We regret our sojourn in APC ‘Delta PDP returnees

APC CONGRESS: Lagos Progressives demand zoning of chairmanship

Privatisation not solution to national emergency in water sector, says ERA/FoEN

 

SAHARA REPORTERS

Christians In Ondo Protest Senseless Killings Of Nigerians

Benue Killings: Bishop Urges Christians Not To Fight Back

Protesting Christians Ask Buhari To Stop Incessant Killings

N10bn Scandal: NGO Asks EFCC To Probe Finance Minister, Others

President Buhari Arrives In Washington For Meeting With Trump

Nigerian Referee Banned By CAF

What Trump Needs To Know Before Buhari Tells Him I’m A Criminal By Fredrick Nwabufo

In Defence Of Muhammadu Buhari By Festus Adedayo

 

PREMIUM TIMES

Boko Haram: Nigeria did not get required support from Obama ‘ Presidency

Thugs attack senator’s political meeting

Christian groups protest, warn President Buhari to stop killings or lose 2019

Our role in attack on senator who called for Buhari’s impeachment ‘ Nigeria Police

Disgraced former SGF Lawal calls for transparent APC congresses

Health Workers Strike: Nigerian govt, JOHESU hold crucial meeting Monday

N6 billion Convention Fund: Stop lying to Nigerians, PDP tells APC

2019: Why we want Buhari’s job ‘ Presidential Aspirants

 

THE AUTHORITY

Explosion rocks Nwodo’s home

How Senator Melaye survived recall bid

Christians, Muslims in Benue begin 7 days fasting over killings

Makurdi NBA charges NPS, Others on rights of inmates

Guber aspirant accuses Bauchi govt of ineptitude

Christians protest Benue Killings

You ‘re not lazy, Saraki tells Nigerian youths

Obama- didn’t support Nigeria against terrorism ‘Presidency

Save us from Amokpo, Obinagu Amangwu youths beg Gov Ugwuanyi

Christians protest Benue killings in Abuja

 

NEW TELEGRAPH

$496m aircraft: Buhari’s extra budgetary spending

Explosion rocks Ohanaeze President’s country home

CAN to Buhari: Forget 2019 if killings continue

Insurgency: Bickering over Buhari’s purchase of fighter jets

Role of Diaspora in national devt, bilateral relationship

Nigerian workers living in worse conditions ‘ NLC, TUC

FIRS generates N1.171trn in Q1 2018

Dino Melaye survives recall, humiliates Gov Bello

AMCON injects N40bn into Arik Air, Aero, ailing firms

Charges push Chams to negative in 2017

Killings: Christians mourn, vow to vote against Buhari

Hair products for blacks could cause cancer, other diseases

Firm hires CEO for Nigeria, others

LG polls: Oyo ‘LAMISTS’ tackles Ajimobi over imposition of candidates

Tony Blair’s wife, 2 others join Dangote Cement

TRIBUNE

No one can intimidate me, I have been jailed for no offence ‘Obasanjo

Terrorism: Obama denied us needed support ‘Presidency

President Buhari arrives Washington to hold talks with Trump, others

Should bloodshed continue, forget 2019 ‘Ayokunle, CAN President tells Buhari at protest rally

Fashola’s claim on improved power supply

Dankwanbo: The redeemer cometh

Grit: A critical success factor

I am sad about politics in Nigeria, says Koleosho at 80

On Oyo new education system

2019, youths and question of political alternatives

 

PUNCH

Presidency upbeat as Buhari meets Trump today

Another $202m belonging to NIA missing, says Reps panel

Killings: Nigeria experiencing ethic cleansing, says Soyinka

Melaye recall bid fails as INEC releases verification results

FG borrows N5.5tn from pension savings, delays minimum payment

Pope decries attack on Nigerian church as Christians protest killings

AMCON MD calls for stiffer regulation of aviation

FG inaugurates panel on conformity assessment compliance in MDAs

Illegal refineries endangering lives in Port Harcourt PENGASSAN

FG’ll extend oil, gas parks beyond Niger Delta ‘Kachikwu

FGll extend oil, gas parks beyond Niger Delta Kachikwu

Give state tax agencies autonomy, Fowler tells govs

 

THE NATION

Killings: Protests, prayers in Lagos, Benue, Ibadan

Net profit hits N19.7b as Oando defies odds

CBN to sack CEOs, chairmen of banks with delayed accounts

Explosion at Ohanaeze presidents home

Abductors demand N30m for Ekiti PDP chief

Melayes recall fails as INEC releases result

Will Lagos-Ibadan Expressway ever be delivered

Adams: why I celebrate my birthday annually

Chivita Active unveils new campaign

Minister mourns Oyo Speaker, Tambuwals aide

WORLD HEADLINES:

CNN

Australia to invest millions in Great Barrier Reef restoration and protection

Trump assails Correspondents’ Association over comedian’s ‘filthy’ act

Fear the Walking Dead’ hastens makeover with surprise twist

There’s a new Democratic agenda taking shape. It’s more and more progressive. Can it survive success

Trump assails Correspondents’ Association over comedian’s ‘filthy’ act

North Korean defectors say unification requires closing a cultural chasm

UK home secretary resigns over immigration scandal

3-time cop killer released on parole

US mobile carriers agree to merge

Report: Trump’s doctor won’t return to role after withdrawing as cabinet nominee

Seen from above: Human impact on Earth

North Korean defectors say while leaders may bridge differences, societies would have much work to do

Trump expected to address NRA’s annual meeting

Jazz improv and your brain: The key to creativity

Hamilton wins after Bottas puncture

Last-gasp heroics for Fiji

Migrant caravan approaches US-Mexico border

Alfie’s Army releases balloons to honor memory of toddler

Last-gasp heroics see Fiji lead Sevens title race for first time

Patients turn to pot over pills to get off opioids

Julian Zelizer: Stop believing this myth about Trump’s base

 

AL JAZEERA

Syria army shells Yarmouk amid humanitarian concerns

Analysis: Will Pompeo end the GCC crisis?

Gaza: 3 Palestinians killed by Israeli forces at border

Armenia’s ruling party won’t stop ‘people’s candidate’

Rwanda’s Kagame accuses ICC of bias against Africa

Syria: SDF reclaim territory hours after government capture

Iraq: 19 Russian women handed life sentences for joining ISIL

Hundreds of Thais protest, defying military ban

Israeli railway to ‘entrench apartheid’ in West Bank

US secretary of state stresses need for Gulf unity

 

BBC

Dozens of migrants in ‘caravan’ stuck at US-Mexico border

North Korea: Chinese foreign minister to visit Pyongyang after historic talks

Ko wins first tournament in two years as England’s Hull finishes tied third

The NHS treatment that caused my cancer

Nigeria President Buhari to meet Trump in Washington

Fortnite: 13-year-old is game’s youngest professional player

Barca wrap up La Liga title with Messi hat-trick

Nigeria’s deadly codeine cough syrup epidemic

Games no longer where careers ‘go to die

The challenge of identifying dead migrants

LeBron leads Cavs through in NBA play-offs

Nigerian referee Joseph Ogabor banned for one year

Why does the US still have ‘debtors’ prisons

Barcelona ‘dominant in Spain but change needed for European challenge

Sundowns switch focus to Champs League after winning SA title

BBC Women’s Footballer of The Year 2018: Lucy Bronze profile

Mali FA normalisation committee to stay on until Ocotober

Who joins ‘electric’ Zaha in Garth’s Team of the Week’ Plus pick your own

Zurich Classic of New Orleans: Billy Horschel & Scott Piercy win

Ostracised and fetishised: The perils of travelling as a young black woman

Rangers job a ‘no-brainer’ for Gerrard – Shearer

 

ASSOCIATED PRESS

The Latest: Afghan official says 21 killed in Kabul attacks

Pompeo swaps no-profile espionage for overt diplomacy

In Trump era, the death of the White House press conference

Days of Our Lives

Competing US factions seek to sway arrivals from Puerto Rico

Report: Jackson not returning as Trump’s personal physician

Health care is new front for transgender rights under Trump

UK interior minister quits over growing immigration scandal

Sprint, T-Mobile have to sell $26.5B deal to antitrust cops

Port operator DP World now firmly in hyperloop business

Sprint and T-Mobile agree to combine in all-stock deal

China factory activity eases, service sector gains in April

The Dam Busters’ director Michael Anderson dies at 98

Ocean Resort owner reveals plans for former Revel casino

Danny DeVito gets his own day in his native New Jersey

Church from ‘Alice’s Restaurant’ song reopens after upgrades

Sprint and T-Mobile agree to combine in $26.5 billion deal

Health care is new front for transgender rights under Trump

White House mystery: Where is Macron’s gifted oak tree

The Latest: Pompeo offers strong boost of support for Israel

Influential Burning Man festival co-founder dead at 70

BUSINESS HEADLINES:

$11bn fines fail to deter global corruption EY report – Punch

12 Subscription Boxes You Should Definitely Try Out – Forbes

14 insurance firms’ claims up 23.15 percent to N85.84 billion in 2017 – BusinessDay

2 Cyclones And 12 Days Of Rain: Enjoying Fiji When The Weather Doesn’t Cooperate – Forbes

22 phrases Americans say that leave foreigners completely stumped – Business Insider

3 Branding Mistakes To Avoid When Scaling Your Business – Forbes

3 Emerging Sporting Goods Brands That Are Banking On Grassroots Marketing – Forbes

3 People Who Add Instant Influence To Your Network – Forbes

32 State Govts undermine N1trn insurance premium income target – Vanguard

4 Questions To Help You Decide If Long Term Care Insurance Is Right For You – Forbes

5 Podcasts Grads Should Download Immediately – Forbes

5 WWE Stars Who Will Thrive After Switching Brands – Forbes

6 Ways To Be A Sustainable Traveler – Forbes

7 details you might have missed on the latest episode of ‘Westworld – Business Insider

80 per cent of our resolutions are negotiated – The Nation

A complete guide to every song and piano cover featured on ‘Westworld – Business Insider

A hot crypto hedge fund keeps poaching talent from Goldman Sachs – Business Insider

SPORTS

2018 NFL Draft Earned Highest Viewership of All Time; Averaged 5.5M Viewers – Bleacher Report

4-Star LB Marcel Brooks Commits to LSU over Alabama, Oklahoma and More – Bleacher Report

5-Star WR Garrett Wilson Commits to OSU over Texas, Oklahoma State and More – Bleacher Report

Abayomi wins Zenith Bank ‘Next Generation’ Junior Tennis Masters – New Telegraph

Abayomi, Quadri win Zenith Bank Tennis Masters – Punch

Alex Ovechkin, Capitals Beat Sidney Crosby, Penguins 4-1 to Even Series at 1 – Bleacher Report

All set for kick-off of Headmasters’ Cup – New Telegraph

America vs. Pumas headline Liga MX quarterfinals, but can teams deliver on expectations – Goal

Ancelotti rejects Italy job – Punch

Azerbaijan: Vettel on pole, Hamilton is second – Daily Trust

Barca wrap up La Liga title with Messi hat-trick – BBC

Barcelona ‘dominant in Spain but change needed for European challenge – BBC

Barcelona Clinch 25th La Liga Title Without Losing a Single Game – FTBpro

Barcelona Seal La Liga Title with Win vs. Deportivo; Lionel Messi Nets Hat-Trick – Bleacher Report

Barcelona Transfer News: Latest on Lucas Digne’s Juventus Rumours – Bleacher Report

BBC Women’s Footballer of The Year 2018: Lucy Bronze profile – BBC

Billy Horschel, Scott Piercy Team Take Zurich Classic 2018 Win at 22 Under – Bleacher Report

Busquets pinpoints Atleti triumph as moment Barca won the title – Goal

Tracking Times – Entertainment

ENTERTAINMENT

#BBNaija 2018 Winner Miracle reportedly named Education Ambassador for Imo State – Bellanaija

#BBNaija: Bromance Between Miracle and Tobi Continues As They Both Seal New Endorsement Deal [Photos] – Gistlover

#BBNaija: Khloe Flaunts Side Boob In Red Swimsuit [Photos] – Gistlover

#BBNaija: Miracle and Tobi seal new endorsement deal (photos) – Information Nigeria

#BBNaija: Miracle Reveals Who He Wants to Take to His All-Expense Paid Trip To Dubai – Gistlover

#BBNaija: Tobi discloses his words about Efe winning out of pity were twisted – Information Nigeria

5 Ankara Styles That Melted The Internet This Weekend – Information Nigeria

Advice Column: My Friend’s Girlfriend Keeps Flirting With Me, If Only She Knows I Have HIV – Information Nigeria

AGN unveils insurance policy – The Nation

Anal Sex: 7 new ways to enjoy it – Pulse

Any Man Who Sleeps With Me Dies, 7 Gone Already, But I Need Sex’ ‘ Ghanaian Lady – Information Nigeria

Army nabs four Boko Haram suspects in Yobe State – Linda Ikeji

Atrocity: ‘My husband slaughtered our three daughters’ – Distressed lady – Pulse

Avengers’ Opens With $630m, Smashing Global Record – Channels TV

Avengers: Infinity War’ is now the Second Highest Box Office Debut of All Time! – Bellanaija

Baby Noah is One Month Old! WATCH Adanna of AdannaDavid give Updates on Breastfeeding, Routines & More – Bellanaija

Barcelona clinch LaLiga title for the 25th time – Linda Ikeji

BBNaija winner, Miracle makes grand entrance in multi million Naira Mercedes Benz SUV at the homecoming party yesterday (Photos/Video) – Information Nigeria

Business

As Nigerians Battle Pains Of Soaring Petrol Price

This is more than just about fuel; it’s about the larger picture of governance failure. The fact that a country as oil-rich as Nigeria can’t provide affordable fuel for its people is a tragedy.

Published

on

BY IFEANYI MOGBOLU

The Daily Times-The latest fuel price hike in Nigeria is beyond frustrating. Every time we think it can’t get worse, it does, and yet again, ordinary Nigerians bear the brunt of it.

It’s like a never-ending cycle, where the government’s promises of reforms or stabilisation always end up as empty rhetoric. The cost of living is already sky-high, and now, with fuel prices rising again, transport fares, food prices, and basic commodities are bound to follow suit.

It’s enraging because it doesn’t feel like anyone is truly considering the everyday citizen who is struggling just to survive.

This is more than just about fuel; it’s about the larger picture of governance failure. The fact that a country as oil-rich as Nigeria can’t provide affordable fuel for its people is a tragedy. The subsidies are gone, and now we’re left in a situation where the prices of everything keep climbing, while salaries remain stagnant or non-existent for many.

The disparity between the elites and the masses is growing, and it feels like nobody in power truly cares about the suffering of the people.

READ ALSO: NNPC Lied About Pump Price, Our Fuel Is 15% Cheaper Than NNPCL’s Imported Ones — Dangote

Hardship: ‘Suspend All Policies Impoverishing Nigerians’, NASME Begs Tinubu

Naira Hits Six-month Low In Official FX Market, Prof. Steve Hanke Slams Tinubu

The anger isn’t just about fuel; it’s about the entire state of living. Nigerians are exhausted. There’s no sense of security; power supply is erratic, basic infrastructure is crumbling, and inflation is at an all-time high. How do we live like this? Every day is a battle to make ends meet, and the government seems utterly disconnected from the struggles on the ground.

It’s infuriating that while politicians and elites live in luxury, the rest of us are left scrambling for the bare minimum. The state of living is unbearable, and the lack of empathy or real action from those in power only adds salt to the wound.

There’s a deep sense of anger and betrayal that comes with seeing your country’s wealth mismanaged, while the people continue to suffer. It’s hard not to feel like we are constantly being taken for granted, pushed further into hardship without any hope of relief. Something has to give, because this state of affairs is unsustainable.

QUOTE:

The anger isn’t just about fuel; it’s about the entire state of living. Nigerians are exhausted. There’s no sense of security; power supply is erratic, basic infrastructure is crumbling, and inflation is at an all-time high. How do we live like this? Every day is a battle to make ends meet, and the government seems utterly disconnected from the struggles on the ground. It’s infuriating that while politicians and elites live in luxury, the rest of us are left scrambling for the bare minimum.

Continue Reading

Business

Nigeria To Receive $5.600,000 From Bill Gates, For Health And Agricultural Reforms, GMOs

Alongside the activities surrounding the 79th United Nations General Assembly in New York, Vice President Kashim Shettima held a meeting with the Bill and Melinda Gates Foundation leading to the announcement of the donation by the Foundation’s head of Global Development.

Published

on

Bill Gates, GMOs, KASHIM Shettima

Bill and Melinda Gates Foundation is giving Nigeria through Vice President Kashim Shettima, a $5.600,000 funds to speedy up health and agricultural reforms in favour of the GMOs in Nigeria, and flood relief.

Through the Foundation’s head of Global Development Programme, Dr Christopher Elias, Bill Gates pledged $5 million grant approved for Lagos Business School and partners to develop the agricultural economics they called “industrial cassava” and $600,000 for flood relief in Borno State and other health sector initiatives.

Alongside the activities surrounding the 79th United Nations General Assembly in New York, Vice President Kashim Shettima held a meeting with the Bill and Melinda Gates Foundation leading to the announcement of the donation by the Foundation’s head of Global Development.

Recall that on 4 September, Bill Gates had described the Nigeria’s economy as “stagnated” and proposed agricultural reforms for faster and increased growths in crops, fruits, vegetables amongst others to enhance nutritional values of the Nigerian citizens through the agricultural sector.

In that meeting Chaired by Vice President Kashim Shettima, Bill gates urged Nigeria to adopt “innovative crop varieties with shorter growing periods, higher yields, and better pest resistance” pointing to the GMOs to address the food crisis.

READ ALSO: Bill Gates, Anthony Fauci and conspiracy theories (part 2)

Nigeria’s economy stagnated – Bill Gates

Nigeria Is Not Meant To Exist, A Collateral Damage And British Royal Niger Corporation -Burna Boy

BREAKING: Justice Binta Nyako Steps Down From Nnamdi Kanu’s Trial, As He Fearlessly Scolds Her For Disobeying Supreme Court’s Judgment

Moreover, at the 79th UN General Assembly in New York, VP Shettima reaffirmed to the Bill and Melinda Gates Foundation, the commitment of the administration of President Bola Ahmed Tinubu prioritizing health, nutrition, and agricultural development in Nigeria’s national agenda.

In a statement by Senior Special Assistant to the President on Media and Communications, Office of the Vice President, Stanley Nkwocha, Shettima said: “we are deeply committed to addressing the pressing developmental challenges facing our nation, particularly the significant malnutrition crisis”.

He emphasised the Federal Government’s dedication and urgently working to secure locations for maize production under the Telemaze programme.

VP Shettima, promising swift action to the Gate’s Foundation on import permits for certified seeds, the VP said, “We recognize the critical importance of food security and industrial agricultural development. The Cassava Accelerator programme, in particular, holds immense potential for our economy.

“We are pursuing a whole-of-government approach to digitisation and data exchange systems, which we believe will revolutionise our public services,” he added while reiterating the government’s focus and commitment to digital transformation.

“With the expertise” of Nigeria’s ministers, “and the continued support of partners like the Gates Foundation,” the nation remains confident in its “ability to drive meaningful change and improve the lives of all Nigerians.”

In his response, President of the Global Development Programme at the Gates Foundation, Dr. Christopher Elias, said the Foundation is burdened with worries of the severe flooding in Borno, and is “committed to supporting Nigeria in times of crisis.”

Speaking of Polio, the Foundation said, “We’re impressed by the national task force’s efforts to eliminate variant polioviruses by year-end,” Dr. Elias noted.

Also, President of Global Growth & Opportunity Division at the Bill & Melinda Gates Foundation, Rodger Voorhies, detailed plans for scaling up drought-tolerant maize production and advancing the Nigeria Cassava Investment Accelerator programme emphasizing that a $5 million grant has been approved for Lagos Business School and partners to develop the agricultural economics of industrial cassava.

In his words, “Industrial cassava presents a multi-billion-dollar opportunity for Nigeria,” Voorhees stressed.

He requested import permits for 5,000 metric tons of certified GMO maize seed to build a foundation seed system in Nigeria.

Continue Reading

Business

Managing, Leading, Building Institutions And Sustainability

The two primary tasks of a top-level leader are to exploit and explore the organisation with people for now and in the future.

Published

on

Babs Olugbemi

By Babs Olugbemi

One of my concerns for leaders is their capacity to be ambidextrous. Regardless of years of experience, knowledge, and leadership capacity, the lack of a clear distinction between managing and leading on the one hand, leading and building institutions on the second layer, and ultimately focussing on sustainability is a significant threat to successful leadership change.

I have followed events and people at C-suites, coached some, and developed frameworks for leadership development. Based on the personalities and styles of the new leaders, I have confirmed my fears about leadership sustainability in most African organisations.

“Successful leaders can aptly differentiate themselves and their roles without necessarily seeing activities as performance, focussing on what is required of them with appropriate tenacity and influence.”

The challenge for leaders is how to lead for the present and future without losing sight of the stakeholders’ immediate performance expectations. Successful leaders can aptly differentiate themselves and their roles without necessarily seeing activities as performance, focussing on what is required of them with appropriate tenacity and influence.

READ ALSO: Leadership, not God responsible for Africa’s poverty

BREAKING: Justice Binta Nyako Steps Down From Nnamdi Kanu’s Trial, As He Fearlessly Scolds Her For Disobeying Supreme Court’s Judgment

Afrocentric colonialism: The new face of African oppression

Health: Genotype And Compatibility, Phenotype, Blood Groups And DNA

In my walk as a leadership coach, I have keenly observed leaders who are managing rather than leading. Managing involves ensuring that processes achieve their intended outcomes. Leaders are above managing and should focus on creating an enabling environment for innovation, inventions, and team collaboration. The primary role in leading is not to monitor process outcomes, though critical to the company’s overall objectives, but to align corporate values with the people’s aspirations to create an engaged and ownership-thinking mindset ready to take on challenges and explore opportunities. An alignment of corporate and personal goals will not only deliver the present performance expectations. Still, it will also incubate innovations to adapt to future market demands and the sustainability of the business.

Unfortunately, the capacity for ambidexterity is rare and often marked by leaders’ exposure, approach and styles, perception, and perspective of their roles in the organisation. A leader with a wrong foundation in these areas is set for failure and awaits unfavourable decisions from the board of directors. A top-level leader might manage their teams instead of leading them. Not all leaders can combine leading for the present with building institutions. However, anyone able to submit themselves to an institution-building mechanism can champion sustainability. Aside from being a leadership coach, I help leaders achieve sustainability.

Mathematically, creating an ambidextrous organisation is beyond leading. It is to lead and build an institution that focuses on sustainability in all aspects of the organisation—employee fulfilment, customer retention, strategy effectiveness, performance evaluation, stakeholder management, process improvement, and goal congruence.

In a nutshell, the role of successful leaders in ambidextrous organisations is striking a balance between exploiting current assets and capabilities to ensure short-term success and allocating enough energy and resources to exploration to ensure future viability. The two primary tasks of a top-level leader are to exploit and explore the organisation with people for now and in the future. The two seemingly contradictory aspects—exploitation and exploration—encompass different strategies and processes and have different targets and outcomes (March 1991; O’Reilly & Tushman, 2004; O’Reilly & Tushman, 2013).

O’Reilly and Tushman described the two concepts as follows:

  • Exploiting: Exploiting involves building on an organisation’s achievements and maximising returns on previous investments. It focuses on responding to current business demands to remain efficient and competitive within an established market niche, as well as on maintaining an existing customer base and stakeholder relationships. Examples of exploiting are activities focused on continuous improvement, benchmarking, and redesigning business processes.
  • Exploring: Exploring focuses on expanding an organisation’s knowledge and capabilities, pioneering new products and services, and discovering and venturing into untapped markets.

The common area of practical bottlenecks in exploiting and exploring in organisations is a need for foundational trust and cohesion among the resources, especially the human capital, which are often treated as costs rather than assets to the organisations. Among all the factors of production, only humans can be ambidextrous with the capacity to think about changes in economic parameters and adjust their behaviours to match the time, content, and contextual requirements.

While organisations might have the resources to deploy in fighting competition, technology to obtain first-mover advantages, and production capacity to maximise output from input, none is compared with the potential of an engaged workforce.

Therefore, for leaders to be successful, they must refrain from operating in the realm of managing. They should operate in the capacity of institution builders, with the mindset of creating sustainable leadership and growth with people first and other factors of production second.

Consequently, only the leaders who prioritise their people over profits, pride, and organisational arrogance will be successful in the long term.

Continue Reading

Trending

Copyright © 2024 Tracking Times News. Designed and Powered by ICREATIONS ENT