Managing Nigeria as a business organisation: the cost of funds
MARTIN Ike-MuonsoOctober 7, 2019
In addressing the challenge of how to sustainably finance growth and development, every Nigerian leader ought to revisit the question of the cost of funds. With a crawling growth rate of national output at about 2% relative to a 3%+ annual population growth, prioritising the considerable reduction in the cost of funds in the decision […]
Nigeria as a business organisation: Performance management
MARTIN Ike-MuonsoSeptember 30, 2019
Profit maximising entrepreneurs have long recognised the kinetic importance of three core elements of the performance ecology responsible for sustained business survival and growth. These elements are guidance and performance motivation, performance measurement and capacitation for maximum performance. These elements are so critical that they define the future course of a profit maximising firm. By […]
Nigeria as a business organisation: People management
MARTIN Ike-MuonsoSeptember 23, 2019
We have human beings in large numbers. Over 200 million of them. We are one-fifth of the continental population and the most populous black nation. There is no doubt that this is a substantial plus for our enhanced output. When correctly capacitated and incentivised, the human force can produce large amounts of goods and services. […]
Managing Nigeria as a business: Investment
MARTIN Ike-MuonsoSeptember 16, 2019
The centrality of investment in the life of every business is well known. Firms grow their output on the strength of their investments. Similarly, the production level of any economy is dependent on that country’s rate and scale of capital formation. The more the rates of acquisition and result-oriented use of fixed assets, the more […]
Nigeria as a business: The Leadership
MARTIN Ike-MuonsoSeptember 9, 2019
Businesses are set up by entrepreneurs for profit-making. Similarly, country economies are also managed to create positive net economic value for the citizens to appropriate. The profit pursuit forces good entrepreneurs to face about five significant concerns. The first is how to make the most revenue possible. Attending to this concern are the issues of […]
Ekweremmadunization approach to reclaiming Nigeria’s prosperity
MARTIN Ike-MuonsoSeptember 2, 2019
In a quote attributed to Awolowo which is currently making the rounds online, the wise man forewarned that the children of the poor that his generation failed to educate will eventually rise against their children who had the benefit of education. That prophecy is currently coming-to-pass in today’s Nigeria. Ekweremmadu, for instance, described the persons […]
Why Ideas and Projects fail in Africa
MARTIN Ike-MuonsoAugust 26, 2019
Many times we ask ourselves why we are not like other nations of the world. We expect that with all the many fiscal receipts to the country, that the quality of our lives would have been excellent. But this is not the case. And therefore, when compared with the quality of development and the standard […]
Political voice for the African youth via the Ibo apprenticeship system (2)
MARTIN Ike-MuonsoAugust 19, 2019
In addition to the democratisation of acquired skills is the search for trustworthy and dependable, albeit cheap labour. And the way out of all of these was the apprenticeship scheme. The apprenticeship model made it possible for those who are successful in merchandising to transfer the same skills and expertise to others. And because most […]
On corporate reputation and Nigerian firms
MARTIN Ike-MuonsoAugust 12, 2019
Good reputation in business is, no doubt, prosperity sustaining. The perception that a service provider or the producer of a commodity will act with integrity as well as keep the promises made often attract customers. Business organisations that live up to the expectations of these customer perceptions usually receive good business patronage. The demand-supports become […]
Political voice for the African youth via the Ibo apprenticeship system (1)
MARTIN Ike-MuonsoAugust 5, 2019
The unenviable role that money has been playing in the politics of various African countries makes it difficult for those who lack such capacity to perform effectively. The enormous amounts of money required to procure candidates application forms by many political parties are the most discussed. Money also dominates virtually every phase in the processes […]