By Abigael Joshua
Inspiring confidence in a time of low morale, the potentially damaging future global economic recession and failing organizational models were identified among the challenges facing organizations in Africa, Asia and Western Europe.
These threats are fallout from the COVID-19 and Russia-Ukraine crises. Their possible panaceas will be tackled by TEXEM UK during its program which will take place from November 21-24 in Birmingham.
TEXEM’s Director of Special Projects, Caroline Lucas, in a statement on the company’s website, says the Strategic Leadership for Success in Times of Volatility program aims to equip leaders with the skills needed to deal with the uncertainty that tomorrow brings.
“As a leader, you expect each year to bring great fortunes to your organization.
“However, there are a lot of things we don’t know about tomorrow. So, as you wish for the best, you need to develop the basic skills to prepare for an uncertain future,” Lucas said.
She said other challenges faced by organizations include supply chain disruption, new cybersecurity threats, weak national cohesion, dramatic currency fluctuations, high level of inflation and, by extension, the low disposable income of clients.
Lucas said shrinking government, corporate revenue and declining productivity are major existential threats to all organizations.
Specifically, she said political turmoil, upcoming elections in 2023 and likely uncertainty in monetary and fiscal policies in a country like Nigeria would likely affect the competitiveness and comparative advantage of the organizations and the nation.
Lucas reiterated that TEXEM’s tried and tested methodology including case studies, role plays, games and work visits to companies will be deployed during the program.
According to the director, this will be deployed to encourage participants to improve their cognitive skills and improve their analytical rigor and evaluative skills to better help them deal with ambiguity.
She added that it would make the program an enjoyable, impactful and memorable experience that would stimulate better strategic leadership skill.
Regarding the impact of the program, Lucas assured that participants should expect to learn several actionable winning strategies on how to thrive in a future characterized by fierce competition, a fast-paced and challenging operating environment.
“Some ways to provide leadership for success in these times include being agile, maximizing your organization’s ability to turn challenges into opportunities, building resilience, putting your people first, and acting decisive way.
“You need these and other practical strategies to help guide your organization’s plan for success in a volatile, uncertain, complex and ambiguous future,” she said.
Professor Rodria Laline,
A professor of strategy and governance, founding director of Harvard University’s Maximize Your Board’s Potential program, is expected to be on the program’s faculty.
Laline was CEO of Global Research and Development Collaborations with IBM, Hewlett-Packard, ING Bank, Royal KPN, Groupe Bull, Elsevier Science, Siemens and Philips.
Another expected Distinguished Professor is Professor Paul Griffith, a world-renowned alumnus of London Business School,
Professor of Practice and Senior Vice President, Products at Ashridge Executive Education, Hult International Business School.
Griffith is the first business professor in the world to lead a team that launched a rocket into space.
He is a business leader with extensive experience leading culture change and business innovation.
Charles Crawford, an alumnus of the University of Cambridge, founding partner of the Ambassador Partnership LLP, a specialist in communication and negotiation par excellence and an expert in public speaking, is also a member of the faculty of this program .
A trained lawyer and mediator, Crawford draws on 28 years of experience in the British diplomatic service, much of it spent in former Communist Central and Eastern Europe. He is the winner of two “Oscars” for strategic communication.
The statement also articulates the following testimonies from former participants of TEXEM’s recent program in the UK:
“I learned organizational dexterity, the exploitation and exploration aspect of an organization and how to find a balance.
“For me, one of the main takeaways would be that fear is our greatest enemy, and once you can overcome fear, you can do anything,” said Ann Iyonu, executive director of the Goodluck Jonathan Foundation. .
“I liked so many things about the program; it was very interactive and insightful, the speakers were carefully selected, they came full of experiences.
“Here we are, matching theories and experiences and interacting with colleagues from different private and public sectors. At the end of the day, we also did some exercises to test our understanding of the program.
“I learned about leadership, how to manage a leader and a follower, and I will use it to improve my leadership skills when I return home”,
Dr. Musa Zagi, Area Operations Controller, Nigerian Upstream Petroleum Regulatory Commission.
“I read a few things about TEXEM before coming here, but my expectations were exceeded by every standard and by every means.
“This training institute can be compared to any other in the world. The packaging, the faculty, everything is just excellent.
“Most importantly, the module on resilience, the world is changing and changing very fast, it is those who can adapt to their environment who would be able to survive or excel in the future,” Michael Faloseyi, Deputy Managing Director , Nigerian Electricity Regulatory Commission. (NAN) (www.nannews.ng)
Edited by Razak Owolabi