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Accenture Study Unveils Characteristics of High Performance CIO

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A global management consulting firm, Accenture, assets that CIOs considered high performer demonstrate excellence in three key traits – innovation, agility and execution. This was a statement from a presentation titled “Positioning IT as a Strategic Asset” that was based on insights from an Accenture third global IT performance research program. The programme is a global effort to measure how IT organizations perform.
According to Mr. Dandy Ogiugo, the Accenture Executive who delivered the presentation, the goals of the CIOs are to drive enterprise value from IT and to manage the IT function as a business.
He pointed out that the consumer landscape is changing globally – through Information Technology, people are a lot more knowledgeable, more demanding and more empowered to expect higher quality for goods and services they consume. As a consequence of this changing landscape, CIOs are being forced to become innovative in how they manage scare resources and to recalibrate their efforts to drive more enterprise value through IT while trying striving to meet C-suite expectations. Specifically, CIOs need to maximize value from discretionary spend, remove complexity from their IT portfolio and use IT investments to produce greater business value for the business.
Given this context, Mr. Ogiugo stressed that CIOs that want to become high performer must excel in three key fundamentals namely IT Execution, IT Innovation and IT Agility. Leaders in IT Execution have active governance programs and involve the business as partners in IT strategy; they use metrics to ensure effective cost/benefit management of IT investments and manage IT as a business. Leaders in IT Innovation consider IT a strategic asset for competitive advantage by applying a continuous innovation and collaboration mindset to the deployment of new technology. Finally, leaders in IT Agility are effective at aligning IT resources to business requirements and priorities. They integrate their optimized application portfolio internally and externally, and they seek technologies that provide dynamic access to Infrastructure.
The Accenture IT research further highlighted that CIOs that excel in the three fundamentals have web-enabled 42% more of their customer interactions; are twice as likely to view workforce performance as a priority; are eight times more likely to consistently measure the benefits realize from strategic IT initiative; and spend 25% more annually on developing and implementing new applications rather than on maintaining existing ones.
The IT research also noted that these CIOs are taking a structured approach towards building core capabilities in nine (9) areas namely Strategic IT Alignment, IT Governance, IT Architecture, Information Technology, Workforce & Resource Management, Information & Technology Security, Solution Delivery, Service Management & Operations, and Outsourcing.
In conclusion, the presentation urged CIO to take a stand to improve the agility, innovation and execution of their IT organisation by molding IT to the needs of the business, and defining a plan to bridge the gap between their desired end-state and current state.


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E-Business

Hisense Electronics Unveils Flagship Showroom in Abuja

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By Fabian Tarpael, Abuja

Hisense electronics unveiled a flagship showroom in Abuja over the weekend. Speaking at the event, Mr. Mustapha Khries, the Abuja Branch Manager of the Fouani Group, highlighted the significance of the flagship store, describing it as the first of its kind in the entire West African region.

He also addressed the challenges facing businesses in Nigeria, particularly the high exchange rates and transportation costs.

“The Fouani Group remains resilient and ready to overcome challenges, unlike others who often exit the market when faced with similar issues.”

Ms. Haifa Du, Senior Sales Manager for Hisense Electronics, emphasized the brand’s commitment to affordability and innovation, stating that Hisense offers the most cost-effective and advanced solutions in the market.

The event underscored Hisense’s dedication to technological innovation and sustainability while reaffirming its leadership position in the consumer electronics market.

Mr. Robbin Wei, Senior Sales Manager of Hisense Group, supported by Mr. Greg and Ms. Haifa Du, showcased various innovative products from the new flagship store.

Among the standout products showcased include; The Hisense 110″ Smart Ultra AMOLED TV, featuring unique capabilities such as a solar-powered remote control and a “locate remote” function to find misplaced remotes easily.


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PalmPay, Jumia Partner to Launch Integration for Shoppers in Nigeria

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PalmPay, Africa-focused fintech operating Nigeria’s most used mobile wallet, and Jumia, Africa’s e-commerce giant, today announce a strategic partnership to enhance the digital payment ecosystem on the continent, starting with payment integrations and co-marketing efforts in Nigeria.

This partnership underscores both parties’ commitment to developing the digital payment ecosystem in Nigeria and grow the use of the cashless economy.

WIth PalmPay now available as a payment method, shoppers on Jumia will now be able to pay for their purchases with the option to check out with their PalmPay wallet, ensuring a seamless user experience and transaction reliability through the direct integration.

“We are proud to partner with Jumia as we bring together the best of fintech and e-commerce to redefine the online shopping experience,” said Sofia Zab, Chief Marketing Officer, PalmPay. “This strategic alliance aligns perfectly with our shared commitment to delivering a superior user experience and exceptional value to our customers.”

Speaking on the partnership, Sunil Natraj, CEO, Jumia Nigeria added: “At Jumia, we are dedicated to creating value for our customers by ensuring a convenient, reliable, and secure shopping experience.

“This partnership with PalmPay strengthens our commitment to enhancing the digital payments within our platform. By integrating PalmPay, we are providing more options for customers to access affordable and quality goods with the convenience of cashless transactions.”

This alliance marks the beginning of a long-term collaboration between two industry giants, aiming to drive innovation, increase convenience for consumers, and foster the adoption of digital payments across Africa.

To celebrate the launch of the partnership, PalmPay and Jumia are launching a special Christmas campaign, running from December 11th to 30th. During this period, customers who make purchases on Jumia using the PalmPay payment method will stand a chance to win exciting cash rewards. More details can be found on the brands’ respective social media pages. @palmpay_ng and @JumiaNigeria.


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Aero Contractors Launches “12 Days of Christmas” Campaign

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Aero Contractors is thrilled to announce the launch of its “12 Days of Christmas” campaign, a festive and engaging social media initiative designed to spread holiday cheer and reward loyal customers.

Running from December 13 to December 24, 2024, this exciting campaign underscores Aero Contractors’ commitment to connecting families, friends, and communities during the holidays.

The “12 Days of Christmas” campaign invites travel enthusiasts, loyal customers, and holiday travelers to participate in fun and interactive activities on Aero Contractors’ social media platforms, including Instagram, Facebook, and X (formerly Twitter). Each day will feature engaging posts such as trivia, puzzles, and challenges designed to ignite the festive spirit and encourage community participation.

Participants are encouraged to follow Aero Contractors’ social media pages, engage with the daily posts by liking, commenting, or sharing, and follow the specific instructions for each day’s activity.

Winners will be selected daily and announced on the respective platforms. Exciting prizes await participants, with the grand reward of a free return economy class ticket—a perfect gift for reconnecting with loved ones or exploring new destinations this holiday season.

“At Aero Contractors, we believe in the power of togetherness, especially during the holidays,” said Capt. Ado Sanusi, Managing Director of Aero Contractors.

“Our ‘12 Days of Christmas’ campaign is our way of giving back to the community that has supported us throughout the year. It’s an opportunity to engage, celebrate, and reward our customers while spreading joy and festive cheer.”

This campaign targets travel enthusiasts, loyal Aero Contractors customers, and families looking to make the most of the holiday season. Through this initiative, Aero Contractors reaffirms its dedication to safe, reliable, and efficient air travel, bringing people closer when it matters most.

Follow Aero Contractors on Instagram, Facebook, and X to join the “12 Days of Christmas” campaign. Engage daily for a chance to win a free return economy class ticket and other exciting offers.


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