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Aliko Dangote “I’m Buying Arsenal In 3-4 Years time”

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Africa’s richest man, Aliko Dangote has said that he plans to buy Arsenal in   “3-4 years”. He made this remark in an interview with Bloomberg

“Maybe three to four years…. The issue is that we have more challenging headwinds. I need to get those out the way first and start having tailwinds. Then I’ll focus on this.”

What he plans to do when  he buys Arsenal

“It’s not about buying Arsenal and just continuing with business as usual,” he said. “It’s about buying Arsenal and turning it around.“I’ve run a very successful business and I think I can also run a very successful team. Right now, with what we’re facing, over 20billion dollars of projects, I cannot do both.”

This is not the first time Alhaji is saying he wants to buy a club  likely worth over $1b. The interesting part of this deal is how he plans to run the club without the help of government. Critics of the billionaire believe most of his success comes from his closeness to the government or regulators. Incidentally Arsenal  last won a title when former club executive David Dein was chairman of the FA.

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Team Building – A necessity or a waste of time

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Team Building (Image source: Marsha Ferrick)

Despite the misconception that team building is lame and barely seen as relevant, did you know that team building is the most important investment you can make for your team? It builds trust, mitigates conflict, encourages communication, and increases collaboration. Effective team building means more engaged employees, which is good for company culture and boosting the bottom line. 

In this article I will be talking about the importance of team building and sharing some valuable tips on how to plan effective team building activities.

Why Team Building?

1. Networking and socializing 

Socializing and getting to know your team in the workplace is one of the best ways to increase productivity in the office. Besides the fact that it increases morale in the office, it also allows for team members to work better at solving everyday workplace issues. 

2. Teamwork and boosting overall performance

Employees tend to understand each other better after completing a team building activity. It becomes easier to identify each other’s strengths, weaknesses, and interests. This collaborative spirit and team effort helps everyone work even better together on future projects vital to a company’s progress. 

3. Fostering of innovation and creativity

Successful team building events not only bring people closer together, but they also contribute to a more successful and creative workplace. Games and competitive exercises become more challenging as people tend to have a larger imagination when they are around people they are comfortable with. 

4. Communication 

To no surprise, communication and working better together is the top reason why people choose team building. Everybody desires a friendly work environment, where people are comfortable and happy to talk to and collaborate with anyone. One of the results of team building is that the activities actually work to improve communication.

Are you looking to improve your team’s communication skills, collaborativeness and performance? Here are some tips.

Also Read: Emalohi Iruobe, An Attorney and Founder of the Tribe XX Lab Empowering Female-led Startups

How to plan an A++ team building activity. 

1. Identify the goal of this event

This includes identifying what you want the focus to be on. It is best to plan an entire team-building session around key objectives. For example, if you want to foster better communication among group members, then your activities should include initiatives that call for various combinations of players taking a leadership role in giving directions, commands or ideas in both verbal and non-verbal mediums.

2. Replace the usual team dinner with something new

Choosing something unique and slightly outside of people’s comfort zones can encourage them to come together in new ways. Take your team paintballing or maybe a boxing ring to let off some steam. A little physically challenging activity might be all you need to get people to destress. 

3. Quit looking at it as a favor but as an investment

This event isn’t a fluff. You don’t have to break the bank for something fancy or to go on expensive trips or experiences, but don’t skimp either. Be willing to make a real investment. Bad experiences stick longer than beautiful memories. 

4. Keep it up

Most team-building events fall flat because it’s a one-time activity that is done and then forgotten. It’s key to find ways to keep organizing these events. The challenge is creating opportunities for people to connect and interact in meaningful ways, outside of regular meetings or presentations. One way we do this is to have a monthly team hurdle. At this event, team members can celebrate achievements and show appreciation to their co-workers.  

5. Assessment/ Evaluation

After team building, one must evaluate and measure impact. For one to measure a team member’s ability to collaborate with other departments on projects, I would recommend that this be evaluated or assessed during performance appraisal. This can be done in the form of questionnaire, survey or during 1-on-1s with other team members. This is the easiest way to track improvement when it involves showing team effort. thanks.

How do you know you’ve gotten team building right? If there was laughter, a sense of excitement and accomplishment, and maybe a few Instagram moments, you’re definitely on the right track! A little adventure and pizzaz can unlock many levels of creativity.

Aurthor: Veronica Alfred, Head of Talent at She Leads Africa

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Sterling Needs More Polishing

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The new year opens with felicitations and resolutions, including the promise of a new image – hence the trend: New Year, New You. I don’t have a problem with that as long as you keep your promise and not lose steam.

Sterling Bank has opened a new chapter with a new identity which is great. I love to see ideas when they’re fine from far and when I take a closer look, I hope they’re not far from fine. Putting on my brand glasses, I noticed a few things that prompted this brand identity review. So let’s jump right in.

The good part. Refreshing the Sterling brand is apt, if not overdue. Being one of the post-Soludo mergers still standing while some have struggled, gone bust or been swallowed up is quite commendable. Positioning the brand for the tech-driven future and competing favorably with other banks and fintech coys is by all means necessary. In execution, towing the simpler, minimalist look and feel is great.

However, my eyebrows are raised to some concerns of strategy, depth and originality.

For strategy, I wonder if there was a proper brief for this project. For a bank that spent most of 2018 playing the underdog and running controversial campaigns attacking bigger bank brands, I expected nothing short of a brand revolution that will shake the industry.

The story of ‘aiming for the moon, then landing on the rising sun’ needs errr…more work. What’s the connection please? This storytelling is not convincing, I’d say. Not even sure Nollywood will buy it. Why force the constellations to align? Is this approach really working? What happened to the brand name (Sterling), has it lost its meaning/essence (excellence, silver lustre) in the redefinition of the brand? Perhaps it needs more polishing.

For depth and originality, I think a few more boxes of Pizza and more brainstorming sessions by the team would have nailed it. After bashing the GTBank brand in previous campaigns, it appears the new Sterling logo is trying to be a circular version of GTBank and the former maroon colour is leaning towards orange. To the colour blind or astigmatic, this new logo might be mistaken for that of GTBank. To make it worse, the new Sterling wordmark remains grey (like GTBank) and the typeface makes it look like a food brand.

These are just my initial thoughts, without any thorough scrutiny or empirical analysis. Well, with Malcolm Gladwell’s ‘Blink’ who needs the analysis?

While, I owe no allegiance to any of the brands mentioned and I have simply made my professional reviews on this new brand identity, I hope they are not misunderstood. We wish Sterling Bank all the very best of the new move.

 

Author:

Dapo Onamusi is the Founder/Creative Director at Dafix Company.

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Don’t Let Your Passion Die And If You Have The Resources To Help Make A Difference – Sneha Bose (FFC)

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Fashion For Charity Africa, sneha bose

 

 

BAO talks to Sneha Bose, Chief Information Officer for Fashion For Charity Africa, on the impact this scheme is having on Nigerian society.

 

Tell us about Fashion For Charity Africa. What do you do exactly?

Fashion For Charity Africa is a social entrepreneurship project initiative to help the Internally Displaced People in Nigeria. I have been the Chief Information Officer for fashion For Charity Africa, and my role has been to develop a communication system for the company. I was also responsible for the content development, social media marketing, negotiating with the stakeholders and sponsors like the BBC Africa, La Liga and finally aligning the business’ strategic plans.

 

What was the idea behind or influenced the setting up of this organisation?

The main idea behind the social entrepreneurship project viz. Fashion For Charity Africa was making a difference in the society. Due to the insurgencies in the Northern Nigeria a lot of people are separated from their family with little or no scope of building back their lives. So our main objective was to support these vulnerable communities of people or as we commonly know them as the Internally Displaced People, by collaborating with the other Non-Governmental Organizations thus raising sensitization across the society.

 

What are the key indicators by which you measure your organisation’s impact in Nigeria?

The three major key performance indicators for our organization and its impact in Nigeria are – Fundraising Metrics, Donor Retention Metrics and Social Media Metrics.

Under Fundraising metrics, we have further subdivided it into 3 more categories into – gifts secured, donation growth, and donor growth rate.

Under Donor Retention Metrics, we measure it based on the outreach rate.

And finally, under the Social Media Metrics, we have sub-divided it into two major categories – amplification rates (based on re-tweets, reposts and shares on the various media channels) and fundraiser participation rates.

We are slowly but steadily progressing, and hope to create more buzz as we grow bigger.

 

What are the challenges faced by your organisation? How are you overcoming them?

The main challenge that we had to face was in terms of professionalism from the agencies we were partnering with. I have had the chance of working in various places around the globe and experiencing the Nigerian work culture did come with its own set of challenges. However, once you know the way around and figure out the gaps; our work became a lot easier.

 

How do you get funding in order to achieve your objectives?

In order to achieve our objectives, we would craft out events that has the potential of raising funds from interested bodies, mainly the international and local NGO’s and the various international embassies, and not to forget the Nigerian entertainment sector. Till date our main sponsors and partners have been very helpful and supportive of our cause.  

 

Finally, what is your message to our readers?

Don’t let your passion die and if you have the resources to help make a difference in our society or the community, then let us all put our hands and heads together to share knowledge and education thus removing any signs of illiteracy, discrimination and nurturing the youth brigade to become the leaders of tomorrow.  

 

 

Her Bio

Sneha has 5+ years’ of work experience in the field of Information Technology, Project Management, Business Development, Marketing & Media Strategies and Retail Operations. She is a successful orator and has conducted corporate trainings for various organizations. She is also a part of the international public speaking community of Toastmasters International. She has been nominated for the award of the Social Impact Maker in Nigeria, and has been interviewed by the BBC Africa and other popular Nigerian FM Stations. She believes strongly for education and youth empowerment and dreams to have her own organization that will suffice the needs of all these youth who do not have the amenities for free education.  

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