These are not in any particular order. They are critical factors for
transforming into a world class corporation. The following are areas
management or business managers should critically and strategically look
at and take action on and become branded with.
It is high time
Nigerian Corporations took ownership of the business opportunities
available here and around us in Africa. We should say no to foreigner
coming from Diaspora to eat our lunch.
We must build the necessary
confidence and trust in our PROSPECTS both Local and Foreign that we
also can deliver timely, qualitatively and efficiently to international
standards.
You can be ISO9001 Certified even in a small office as long as you meet international best practices standard.
The highlights can be adopted by any corporation.
1. Vision and mission - Effective Articulation & Communication required
2. Medical plan
3. Loan IOU plan
4. Salary structure
5. Technical Staff Pool Plan – strategic plan for training staff for freelancing and
Staffing. Could be done yearly in collaboration with other engineering company
6. Bonus plans
7. Profit sharing plan
8. Ownership plan
9. Promotion plan
10. Appraisal system
11. Health & Safety Education, Risk and Practice – Consciousness, Training, Attitude
12. Pension plan
13. Information Resource Plan – In-house Library stocking videos, books and other
Educational materials,
14. Account Management – Auditory procedure, Risk management
15. Project Management System – Timeline, Procurement, Inefficiency on site, Risk,
Project delay from Client and other Team members, Quality Assurance and Control,
16. Material Procurement structure – Outsourcing of Price finder for materials at
agreed frequency, Management of Leeds, Management of site materials and Procurement of Quality Materials
17. Diversification plan
18. Expansion plan
19. Office owned Property Plan
20. Real Estate Development & Management Plan
21. Necessary Meetings – Risk Management meeting and Project meeting
22. Training-Motivational moments, Safety Moments, Technical training
23. Reporting – Account Reporting, Project Reporting etc
24. Necessary Project requirement – Mandatory Workshop Drawing And As-Built
Drawing
25. Strong Marketing Plans that critically appraise customer feedbacks and relationship.
26.
Development of Installation, system testing and maintenance manual is
very important for maintaining standards. This manual must handy
on sites.
By Odusina Adewale
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