News
Lead Without Title (2)
The greatest challenge facing many organizations globally today is leadership. Nine out of ten Chief Executive Officers of small, medium and big corporations view people as their number one critical success factor. Meanwhile, six out of ten employees end up not having the skills or attitude or attributes they claimed to possess at the interview or stated on their beautifully and professionally crafted curriculum vitae.
Lead without title, is a new management concept recently popularized by Robin Sharma, one of the world’s top success and management coaches- to draw the attention of business executives to the inherent dangers in leading with title both for the organization as well as its people.
Principles of Leading without Title:
Lead without title as a management concept focuses on grooming every employee to have a leadership and ownership mentality regardless of such employee’s position in an organization. The question is: how do we make a cleaner or a security guard in Zenith bank, for instance, to have the same mentality like Jim Ovia, the CEO? The success of any organization depends not on its gross staff strength but on how many leaders it has among its employees. Like the slogan we used to paste on the staff notice board of Nigerian Bottling Company some years back says: ‘take this business as your own and 100% of your decision will be the right ones’. The concept of leading without title aims at making employees to have a new mind-set that leadership has little to do with the title on the business card or the size of an office or the rank of an officer. Furthermore, leadership is not about how much money an individual makes or the naira worth of clothes he wears. Neither is leadership about an individual’s family status. Leadership is a way of life, a philosophy or principle; an attitude and a state of mind. According to Robert Joss, dean of Stanford Graduate School of business: ‘’ by leadership I mean taking complete responsibility for an organization’s well-being and growth, and changing it for the better. Real leadership is not about prestige, power, or status. It is about responsibility’’. Leadership in an organization talks about who gets the problem solved fastest and at the least cost, who fixes it before it breaks, who has banana for the monkeys, who has the staying power, who has the strength of character and discipline, who has the persistence, who sees the big picture all the time and live it…Leading without title entails, a paradigm shift; it is a win-win situation for the organization and its people, the goal for all staff from the Chief Executive Officer to the cleaner is one but the responsibility may differ. Lead without title de-emphasizes ‘big-man syndrome’ in an organization.
Against the backdrop of the foregoing, if there is, therefore, any issue that should occupy the attention of CEOs today, more than any other management challenges, it is how to inculcate the concept of leading without title into the DNAs of our respective organizations. A cursory look at the performances of most of the multinationals companies in Nigeria when the indigenous CEOs took over in the 1980s will reveal a sad scenario of win-lose situation in some organizations. And the winners that emerged in the affected companies are the CEOs and the management staff. The big losers are the organizations they presided over as all the key business indicators of most of these organizations took a fast lane southward, while the respective bank accounts of individuals who managed these organizations swell.
Why Companies should de-emphasis Titles:
It is critical and urgent not only for individuals to lead without titles. But it is equally important for organizations in Nigeria to imbibe the new management concept of leading without titles .Of late, especially since the consolidation exercise of banks and insurance companies, the penchant for companies to parade their ‘ titles’ has gone to a dangerous level. Awards that have no meaning or bearing to the business are being sought by several organization from doubtful and obscure corners with a view to looking good. Even, some organization gave themselves awards! But the truth is, the companies that win at the end of the day the biggest share of the mind of consumers will be determined by the consumers based on only three variables: value for money (VFM), fit for purpose (FFP) and speed of delivery (SOD).Title has no place in the winning game! Why then this unbridled quest for titles? What lessons can we learn from the failure of organizations which had led with titles in the past? Can an herbalist anoint a pastor? – If no, why then should a bank seek legitimacy from those who know next to nothing about banking? Organizations need to be careful because many have gone the way of Daewoo company- in the process of leading with title. Not too long ago in Lagos, almost all the management staff of a big multinational were sent parking when the Board found out that the Management team had inflated the revenue and profit of the said company by unbelievable figures just to look good. It will be recalled that this same company and its leadership had been declared as the ‘’best’ in almost every key business indicators shortly before the bubble burst.
News
Zinox Demands Apology from Falana over Alleged Defamation, Reputational Damage
Management of Zinox Technologies Limited, foremost African digital conglomerate, has demanded public apology from Mr. Femi Falana SAN, over alleged defamation and reputational injury inflicted on the company and its representatives by Falana and his client, Benjamin Joseph, the CEO of Citadel Oracle Concept Limited, an Ibadan-based computer firm.
In a statement on Sunday, Zinox referenced recent news items in the media relating to certain charges filed by Falana, purporting to act on a fiat donated to him by Mr. Lateef Fagbemi SAN, attorney general and minister of Justice of the Federal Republic of Nigeria, whom Zinox said may not have been properly briefed.
“We are sure that if the circumstances of this case were made available to the respected Honorable Attorney General, Lateef Fagbemi SAN, he would not have granted the purported fiat to Femi Falana,” Zinox said in the statement.
In the news reports, Falana was said to have filed a suit before Honorable Justice A. O. Ebong of the FCT High Court in charge no. FCT/HC/CR/985/24 in November 2024, a suit Zinox said was based on the same claims which various courts had in the past dismissed as falsehood and baseless.
“Our initial reaction was to ignore these publications as the usual campaigns of calumny that have been orchestrated against Zinox since 2014 by one Mr. Benjamin Joseph, the Managing Director of Citadel Oracle Concept Ltd, the client of Mr. Femi Falana SAN. However, we are persuaded to respond by the consideration that once falsehood is sustained over time, it tends to acquire the garb of truth.”
Zinox said the case arose from a contract between Citadel and Technology Distributions Limited over the supply of computers to the Federal Inland Revenue Service (FIRS), stressing that the matter has no bearing whatsoever with Zinox and its promoter, Mr Leo Stan Ekeh.
“Firstly, we are shocked that Femi Falana would include Zinox in his purported fiat/charges, a company that has nothing to do with the transaction or allegations. For the records, we want to state as follows:
“Zinox has never been invited by any investigative agency, including the police and the EFCC, on these allegations. There is no report either by the police or the EFCC or any investigative agency where the name of Zinox was mentioned as a suspect. There is no judgment or ruling of any court where Zinox was mentioned as having anything to do, whatsoever, with the transaction or the allegations, the basis of the fiat/charges. Mr. Leo Stan Ekeh, the Chairman of Zinox, has never made any statement to the police in the course of any investigations and has never been mentioned in any court proceedings or judgment as part of any investigations relating to these allegations. Indeed, he has never met with Benjamin Joseph before,” the statement said.
Zinox cited instances in which Mr. Joseph lost the case and its adjunct suit. In a petition/case Mr. Joseph reported since 2013 and for which the Inspector General of Police charged him for false information in charge no.CR/216/16, he was unable to prove his allegations for more than 8 years .
In another case filed by the EFCC at his instance against his partner, Princess Kama, in charge no. FCT/HC/CR/244/2018, Honorable Justice Danlami Z. Senchi of the FCT High Court (as he then was), dismissed as false all the allegations made by Benjamin Joseph, and imposed the sum of N20 million as damages against him for false petitioning in relation to these same allegations.
Zinox alleged that the current charges said to have been filed by Falana on the basis of a fiat from the Attorney General is the third in a row as he had earlier filed charge no.CR/469/2022, which was struck out by Honorable Justice C. O. Oba of the FCT High Court, by an order dated 8th November 2022.
In what appears to be forum shopping and abuse of court process, “he filed the same charges before Honorable Justice A. S. Adepoju of the FCT High Court, which charges were, once more, struck out by the Honorable Court on 19th March 2024, with Honorable Justice Adepoju holding that: “This matter was brought in dead, extinct and should be confined into the dustbin of history…I hold that the instant suit is an abuse of the process of court and it is hereby struck out accordingly,” the statement said.
Zinox said it was shocked that a “learned Senior Advocate in the person of Femi Falana, would, yet, proceed to file the same charges before Honorable Justice A. O. Ebong of the FCT High Court in charge no. FCT/HC/CR/985/24 in November 2024.”
The statement said: “It is, therefore, very clear that the deliberate intention for instituting this new charge by Femi Falana SAN, to include the name of Zinox and its Chairman and other persons who were never part of the investigations, is to embarrass them, harm their reputation, and thereby damage their businesses. In the circumstance, we hereby demand a public apology from Mr. Femi Falana SAN, if he is unable to produce the evidence demanded above.
“We, therefore, assure all our business partners, stakeholders, and friends, that we are not ruffled by these spurious allegations. While our lawyers are set to defend the present charges purportedly filed by Femi Falana SAN, we shall not fail to explore all legal remedies against persons associated with the orchestration of these false allegations and publications against us,” Zinox said.
News
WHO Declares New COVID Outbreak in China Global Health Emergency
World Health Organization (WHO), has declared the outbreak of a new coronavirus in China, a global health emergency.
Tedros Ghebreyesus, director-general, WHO, made the announcement at a press conference in Geneva.
WHO’s emergency committee on the epidemic had reportedly met Thursday afternoon and recommended designating the outbreak a Public Health Emergency of International Concern, PHEIC.
The decision had been “almost unanimous,” Didier Houssin, chair of the emergency committee, said at the press conference.
“The main reason for this declaration is not because of what is happening in China, but because of what is happening in other countries,” Tedros said at the press conference.
“Our greatest concern is the potential for the virus to spread to countries with weaker health systems and which are ill-prepared to deal with it. Let me be clear, this declaration is not a vote of no confidence in China. On the contrary, WHO continues to have confidence in China’s capacity to control the outbreak.”
Tedros also outlined recommendations made by the emergency committee to control the outbreak, including accelerating the development of vaccines and drugs and combatting the spread of misinformation.
This is the sixth time WHO has used that label, Public Health Emergency of International Concern, PHEIC. since the designation was introduced 15 years ago.
News
SpaceX Announces Starship’s First Satellite Deployment Test
SpaceX at the weekend announced that it is gearing up for a significant milestone in the development of its Starship rocket, with an upcoming test flight set to include the deployment of 10 model Starlink satellites.
This mission, planned for later this month, marks Starship’s first attempt to release payloads in space, a crucial demonstration of its future capabilities in the satellite launch market.
The test flight will take place from SpaceX’s expansive Boca Chica, Texas facilities and is expected to showcase Starship’s ability to deploy payloads similar in size and weight to the next-generation Starlink satellites.
According to SpaceX, while in space, the rocket will deploy 10 Starlink simulators, marking the initial exercise in a satellite deployment mission for Starship.
This test flight is the latest in a series of “test-to-failure” launches, a key part of SpaceX’s approach to rocket development.
Each flight incorporates new upgrades, with engineers testing the capabilities and performance of the rocket in real-world conditions.
Starship’s previous tests have focused on improving various components, including the Super Heavy first-stage booster, which made headlines in October for returning to its launch pad’s massive mechanical arms for the first time.
This was a major step towards achieving a fully reusable rocket system.
In November, the sixth Starship test flight achieved several important objectives, although the Super Heavy booster was forced to target a water landing in the Gulf of Mexico due to a launch pad issue. Despite this, the flight demonstrated the rocket’s potential, and the Starship program continues to make significant strides toward meeting its ambitious goals.
Starship’s power and reusability make it central to SpaceX’s future plans, and but it is also crucial to Elon Musk’s vision of colonising Mars.
Beyond its commercial applications, Starship also plays a pivotal role in NASA’s Artemis programme.
SpaceX is under contract to use Starship to land U.S. astronauts on the moon later this decade, further cementing the rocket’s importance to both commercial and government missions.
As SpaceX prepares for its upcoming test flight, the company’s advancements with Starship are not only pushing the boundaries of space exploration but also setting the stage for a new era in satellite launches, internet connectivity, and human space travel.
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