Business
LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY TUE. 15 MAY 2018


Tracking Times – headlines
LOCAL HEADLINES:
VANGUARD
IPOB accuses Police of abducting 21 members
May 30 ‘sit-at-home’ order: IPOB, BIM on collision course
MASSOB accuses FG of running Muslim agenda
World Bank invests $10.7bn in Nigeria
Youth empowerment’ll curb insurgency ‘ CDS
Help save our party, Ondo PDP leaders appeal to Mimiko
OFFICE OF THE GOVERNOR’S BUDGET: PDP leaders’re fiscal illiterates ‘ Osun Govt
Bonga produces 763m oil barrels worth $58.7bn in 12yrs
Viability of Yola DISCO excites FG ‘ Fashola
Corruption started after me ‘ Yakubu Gowon
Abe to Buhari: Ask APC to obey court orders
Urhobo professors bemoan FUPRE’s exclusion in 2018 budget
Ex-N-Delta militants raise alarm over plot to derail Amnesty Programme
DAILY POST
Suspected Fulani herdsmen sack 2 Kogi communities, kill 10
Muslim group berates Pastor Adeboye over alleged doom message
Why Past leaders should be tried by EFCC – CACOL, CD back Soyinka
Senate bows, okays Omo-Agege’s resumption
What Buhari said in Jigawa about his government
Senator Omo-Agege dares Saraki, threatens to storm Senate Tuesday
How we will spend recovered Abacha loot – Buhari
2019: INEC chairman, Yakubu reveals what he will do if pressurized during elections
2018 World Cup: Rohr releases 30-man provisional squad [FULL LIST]
Tension as Shiites chase away policemen, ground federal secretariat in Abuja
Court dismisses suit against tenure extension for Oyegun, others
Buhari arrives Jigawa on working visit
THE AUTHORITY
Police arraign Jewish worshippers for terrorism
I left office with nothing ‘ Gowon
Ganduje spends N400m to construct new police divisions in Kano
Coalition shutdown Justice Ministry over herdsmen killing
Court dismisses APC ‘tenure elongation suit
Shi’ites ground Federal Secretariat in Abuja
Invasion of Rivers court unacceptable ‘ CJN
Nigeria still lack responsible leaders ‘ Kaduna Islamic clerics
Recovered $320m Abacha loot for poor Nigerians ‘ Buhari
Police take over APC secretariat
Ward, LG congress: Ogboru accuses Oyegun of interference
Pro Buhari Senator, Omo-Agege, dares senate
Undermining legislature, dangerous for democracy ‘ Ekweremadu
Benue installs 10 new first class monarchs, increases salaries
THISDAY
10 Killed as Suspected Herdsmen Attack Two Communities in Kogi
Chief Justice: Attack on P’Harcourt Court, Danger to Democracy
nPDP Breaks Up as Senator Adamu-led Group Dismisses Ultimatum
FG, Oil Firms Lose 250,000bpd of Crude Oil to Closure of Trans-Forcados Pipeline
Shell, Eni Trial on Malabu Oil Deal Re-adjourned to June
2019: Atiku Promises to Run Lean Government
Kano Assembly Shut over Plan to Impeach Speaker
Oando Shareholders Want Management to Resolve Dispute with Ansbury
Senate to Obey Court Order on Omo-Agege’s Reinstatement
Buhari: We’ve Achieved More than PDP
PREMIUM TIMES
Soyinka: EFCC cells should have ‘presidential wing
Omo-Agege will be allowed to resume ‘ Senate
Buratai opens military base in Birnin-Gwari
Actress Zainab Balogun weds airline boss
Omo-Agege: Security beef-up at National Assembly ahead of resumption
24 die in fire outbreaks in Delta, property worth N13.2 billion lost
Ex-DG, Bursar of education agency docked for alleged N208 million fraud
We’ve achieved more with less resources than PDP’s 16 years ‘ Buhari
Minister threatens to revoke 3 housing contracts
Enugu governor grants scholarship to 340 indigent students
State Congress: Ebonyi APC zones party offices
Ramadan: Zamfara Govt. to support 30,000 orphans
Ekiti Primary: Al-Makura submits report, attributes success to aspirants, delegates’ conduct
SAHARA REPORTERS
2018 Budget: Each Police Station To Get Just N1,017 To Fuel Vehicles Per Day – Media Group
Crack In nPDP As Splinter Group Faults 7-Day Ultimatum
Yola Disco Has Demonstrated That ‘Eligible Customer Policy’ Can Work – Fashola
2019: Presidential Aspirant Quits NCP Over ‘N7.04m Blockade
2019: Reject Pastor Adeboye’s ‘Message Of Doom,’ Muslim Group Advises Nigerians
Nigeria Waiting For New Refineries To Merge Multiple Exchange Rates, Says Moody’s
Buhari’s Government A Puppet In The Hands Of Oil Multinationals, Says Ijaw Group
Little-Known Kano Pillars Striker Junior Lokosa Headlines Rohr’s 30-Man World Cup List
Focus More On Mini- Grids, Fashola Advises Investors In Power Sector
Senate’s Invitation To IGP Was About Dino Melaye, Not Killings, Police Insist
Save Me From Dying In This Shithole’ ‘ Nigerian Launches GoFundMe Campaign To Travel Abroad
Gunmen in Bayelsa Kill NAF Official During Attack On Helipad
THE SUN
No parallel congress in Abia ‘ Mascot Kalu
We’re not marginalisedin APC ‘Jibrin tells nPDP
PDP woos APC members
Rivers APC fracas show of shame ‘Abe
FG not interested in conducting 2019 polls’Wike
Okorocha loses again as APC holds LG congress in Imo
Russia 2018: Rohr names Mikel, Moses, 28 others in provisional list
As Messi, Aguero, Higuain make Argentina’s squad
Eagles get N1B World up largesse next week
Ebola Scare: DR Congo players ‘ll be tested on arrival- Pinnick
Nigeria names 30-man provisional squad for 2018 World Cup
Why Nigerian wrestlers storm New York City
Klopp praises Salah for keeping grounded
Levante vs Barcelona: We wanted to finish the league undefeated ‘ Busquets
Blame me for Chelsea’s 3-0 loss to Newcastle’ ‘ Conte
CBN steps up campaign to stop Naira abuse
Custodians of capital should be remodeled ‘Ayeye, GDL boss
Nigeria’s growth excites World Bank
WORLD HEADLINES:
CNN
Dozens of Palestinians killed in Gaza clashes as US Embassy opens
In pictures: Deadliest day in Gaza since 2014
Markle, Prince Harry deal with ‘difficult situation’ after dad reportedly won’t attend
Melania Trump undergoes kidney surgery
One of the most expensive paintings in auction history sold
Water ‘plumes’ discovered on Jupiter moon that could host life
She says a pilot raped her, and now she’s afraid of running into him at an airport
Manhattan nanny gets life in prison
An actress lived for decades in this New York City apartment — for $28 a month
Trump tells his leaky staffers they are ‘traitors and cowards
US Supreme Court lets states legalize sports gambling
In super-dense Hong Kong, capsule hotel offers rest
London timelapse is the first of its kind
Princess Di’s small but powerful presence will be felt at royal wedding
The danger of keyless cars: What you need to know
The extreme Australian outback trek that’s changing lives
Pregnant mom reaches US after weeks in caravan and detention
Jerusalem and Gaza — a world apart
The dream of ‘peace in our time’ in the Middle East died on Monday
Turkey recalls envoys to US, Israel over embassy move
Deadly clashes as US opens Jerusalem embassy
ASSOCIATED PRESS
Gaza violence: Fresh protests against Israel follow deadly clashes
Melania Trump undergoes surgery for ‘benign kidney condition
UK ‘must raise jailed Iran mum case
Manhattan nanny Yoselyn Ortega gets life in jail for murdering children
Activists mock US gun culture with Chicago ‘gun-sharing’ dock
The Indian city where people spend 250 hours a year in traffic
Trumplomacy over Iran leaves Europe scrambling for answers
Argentina economy: From comeback kid to turbulence
The secret executions in Europe’s ‘last dictatorship
DR Congo: Kidnapped Brits ‘very grateful’ after release
My stolen childhood – investigating Ghana’s practice of ‘trokosi
2018 World Cup: Nigeria name uncapped Nwankwo in provisional squad
Egypt coach Hector Cuper explains Hussein Al Shahat omission
Cameroon’s Toko Ekambi wins Foe prize
Adel Amrouche confirmed as Libya coach
Nurse: ‘I’ve been hit, head-butted and taken hostage
Spice epidemic in jails risk to nurses
How long are you going to live
Drug target for curing the common cold
Bristol mother on cutting teachers for deaf children
Male bulimia: ‘I told myself, boys eat a lot
AFP
Royal wedding a boost for Brexit-bound Britain
Warriors trounce Rockets in NBA playoff series opener
Iran FM heads to Brussels on final leg of nuclear deal saving tour
China’s industrial output jumps but sales slump
French investigators extend detention of Paris attacker’s parents
‘Sorrow to happiness’ – Afghans hope to lift spirits in fairy-tale Test
Dismantling of N. Korea nuclear site ‘well under way’: US monitor
Struggling Toshiba returns to black, avoids delisting
Modigliani sells for $157.2 mn in New York: Sotheby’s
Gaza deaths spark widespread condemnation of Israel
EU seeks to protect citizens in data ‘jungle’: minister
Israeli forces kill 55 in Gaza clashes as US opens Jerusalem embassy
Meghan Markle’s father not attending royal wedding: report
Sex bias kills 240,000 infant girls in India yearly: study
Under the hammer: record art auctions
New phase of globalisation could worsen CO2 pollution: study
Symantec downplays mysterious internal investigation
Mark Waugh steps down as Australian selector
AL JAZEERA
Palestinian protesters: ‘Jerusalem is not Trump’s city to give’
US embassy ceremony: Did your country attend?
Thousands rally in Istanbul in solidarity with Palestinians
World leaders react to US embassy relocation to Jerusalem
Shia leader Muqtada al-Sadr leading in Iraq’s election
Erdogan: ‘Israel is a terrorist state’
Yemeni PM declares Socotra ‘crisis over’
Turkey’s Aksener launches presidential election bid
Catalonia: Pro-independence candidate wins presidency
Indian opposition politician charged over wife’s death
BUSINESS HEADLINES:
$11B Unum Names Puneet Bhasin As Chief Information and Digital Officer – Forbes
12 Strategies For Local Brands To Stay Relevant On Facebook – Forbes
2018 NFL Salaries: Jimmy Garoppolo And The Top Salary Cap Hits For Quarterbacks – Forbes
4 Things Mortgage Industry Marketers Need To Be Doing – Forbes
4 Ways to Get an Employer’s Attention on Facebook – Forbes
5 Best Headphones Under $100 Of 2018 – Forbes
5 Dividend Aristocrats Where Analysts See Capital Gains – Forbes
80% of start-up money goes to three states ‘ here’s what one visionary is doing to help spread the wealth – Business Insider
9 Ways Post Malone’s New Album Made Chart History Upon Its Arrival – Forbes
A first-class passenger got kicked off a flight after he tried to give alcohol to his friends in economy (AAL) – Business Insider
A former Googler and Twitter executive reveals how she rose through the ranks and landed one of the most important jobs at Silicon Valley’s hottest startup, Slack – Business Insider
A former Googler leading the charge against AI weapons says her time at Google taught her that even ‘nice’ people can make bad moral decisions (GOOGL, GOOG) – Business Insider
A New Report Uses Data To Drive Diversity In STEM Fields – Forbes
Access Gaps: NCC To Link Over 37m Underserved Nigerians – Leadership
African Alliance commences insurance investment campaign – Punch
African FinTech Company Cellulant Raises $47.5 Million – Forbes
After A Strong Start To 2018, What To Expect From Yelp Through The Year – Forbes
Airline Groups Praise President Trump On Deal With Gulf Carriers, But Questions Linger – Forbes
SPORTS
As Messi, Aguero, Higuain make Argentina’s squad – The Sun
100 athletes set for Abuja Junior Taekwondo Championship – Nigerian Pilot
100 points: Guardiola salutes incredible City – Punch
24 states for national taekwondo – Punch
500 wrestlers set for Gov Dickson tourney – Punch
80 players for SNEPCO/NNPC tennis – Punch
AFC Cup 2018: Bengaluru seek a favour from Aizawl in final round – Goal
AFC Cup 2018: Can Aizawl upset New Radiant – Goal
After 1,235 games, Wenger bids emotional farewell to Arsenal – Punch
Argentina can bank on Icardi Crespo – Punch
Arsenal-target Allegri insists hes sticking with Juventus – Punch
Blame me for Chelsea’s 3-0 loss to Newcastle’ ‘ Conte – The Sun
Brad Stevens Says Recent Praise Is ‘Uncomfortable,’ Credits Celtics Players – Bleacher Report
BREAKING: Nigeria release Super Eagles’ list for 2018 FIFA World Cup – Daily Trust
BREAKING: PSG Appoint Tuchel As New Manager – Daily Independent
Bucks HC Rumors: Celtics Assistant Jay Larranaga Met with Milwaukee – Bleacher Report
Cardinals Rookie Christian Kirk Arrested on Multiple Charges in February – Bleacher Report
Chuck Liddell Says He’s Returning to MMA, Targeting Possible Jon Jones Fight – Bleacher Report
ENTERTAINMENT
#BBNaija: Alex Dressed Up Like a Princess As She Visits Her Hometown Enugu [Photos] – Gistlover
#BBNaija: Is This The Man Alex Did Abortion For At The Age Of 16′ [Photos] – Gistlover
#BBNaija: Miracle’s brother reacts to claim the reality star has a sugar mummy called Juliet (video) – Linda Ikeji
#RoadToRussia: NFF releases 30-man Provisional List for Russia 2018 World Cup – Bellanaija
18 celebrities who were rich and famous before losing all their money – Business Insider
2018 Election: Presidential Aspirant Dumps Party Over N7.4million Levy – Information Nigeria
2018 World Cup: Pogba Speaks On Captaining France – Information Nigeria
3 Winners Emerge In Goldberg’s Ariya Repete Talent Hunt 2018 In Ibadan – NET
A female fan once gave me a deep kiss Miss Money – Punch
Actress Mary Remmy Discovers Dried Snake In Crayfish She Bought – Nigerian Pilot
Alex welcomed to Enugu like a princess that she is (Photos) – Information Nigeria
AMBON to develop live music sector Akin Shuga – Punch
Angry husbandpours hot semovita on wife in Ekiti State – Linda Ikeji
As EFCC swoops in on suspects, celebrities differ on cyber fraud – Punch
Benue court sentences 18-year old man and woman, 40, to two years imprisonment for human trafficking – Linda Ikeji
Bob Marley: Tributes pour in 37 years after – Punch
Bode George: PDP chieftain speaks on son’s death – Pulse
Bone-strengthening Drug May Be The Cure For Baldness’Here’s What New Study Revealed – 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.

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.
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.

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
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.
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.

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.
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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.
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