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Nairaland Forum / Nairaland / General / Career / Ecobank Sent 100 Managers By Road To Lome (18731 Views)
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Ecobank Sent 100 Managers By Road To Lome by Bokoharam: 4:47pm On Jul 08, 2013 |
TOP 100 MANAGERS' ORDEAL: A SHAME ON ECOBANK NIGERIA! Ecobank Nigeria yesterday displayed a show of shame when it transported its Top 100 Manager from Lagos, Nigeria to Lome, Togo by road. 1. Ecobank is an ECOWAS-spread bank with branches across West Africa. 2. Recently, it made a decision to identify and specially empower (by training) its TOP 100 PERFORMING BRANCH MANAGERS (out of over 500 branches in West Africa) in Togo, their regional Head Office. 3. About 60 of these Top 100 performing managers are from Nigeria, and as seen as those who are responsible for over 80% of the bank’s income/profitability 4. Ecobank decided to transport its best staff to Togo for a special training by Road, rather than by Air, thereby risking the lives of their best Managers; 5. To ‘add salt to injury,’ Ecobank rather than employ the services of top-rated road transport companies like ABC to convey her staff to Lome, Togo, chose to convey them via 2 (two) rickety Ecobank staff buses; 6. Around 1pm yesterday (Sunday, July 7th 2013), one of the Ecobank staff buses broke down, leaving Ecobank best hands in the middle of nowhere along Badagry; 7. The staff were asked to wait while another staff bus, which was never serviced/prepared for a long journey, was arranged to the scene towards Badagry. 8. As a result, Ecobank Nigeria Top 100 got to Lome by 1.20am the following day (i.e. today, MONDAY!); 9. Of course, a lot of the staff must have developed cramps from the long, terrible road journey. 10. Other countries flew their staff to Lome, but Ecobank Nigeria chose to ‘trek’ with their staff; 11. All the Top Management Staff who travel out of the country, always do so with First-class air ticket. 12. And lastly, it was learnt that, some of the staff offered to pay for their own air ticket to Togo (considering the risk), but the bank pressured them to go as a “team.” Now, the questions are: a) Is this how a company—let alone a bank—should treat their best Managers/staff? b) Why would Ecobank not spend a paltry N40,000 to transport her best Managers by air? c) What if there was a fatal accident, since road transport is largely not as safe as Air transport? d) And what if they were attacked by hoodlums (some of the staff are ladies, pretty ladies I mean) e) Did Ecobank not realize that these people were the ones generating the major chunk of their revenue/profitability before treating them this way? f) Were they going on a secondary school kind of excursion? g) Do this people value lives of at all?—Let alone those of their best hands? h) ...etc Is this act not condemnable? As Nigerians, we should learn to condemn evil because we do not know where it will ‘berth’ the next day. 3 Likes |
Re: Ecobank Sent 100 Managers By Road To Lome by Nobody: 5:12pm On Jul 08, 2013 |
Bokoharam: TOP 100 MANAGERS' ORDEAL: A SHAME ON ECOBANK NIGERIA!ECOBANK is trying to teach you guys to be resilient...they are tryna show you something 7 Likes |
Re: Ecobank Sent 100 Managers By Road To Lome by coputa(m): 5:32pm On Jul 08, 2013 |
Your post shows too much hate for the bank..are you a staff of ecobank..,.their action cannot be condemn completely because you don't know their financial state...do you know that the cost of doing biz in nigeria is very high,compared to other countries, due to our infastructural decay and corruption...all these go a long way to affect staff welfare..... 5 Likes |
Re: Ecobank Sent 100 Managers By Road To Lome by Bokoharam: 6:31pm On Jul 08, 2013 |
coputa: Your post shows too much hate for the bank..are you a staff of ecobank..,.their action cannot be condemn completely because you don't know their financial state...do you know that the cost of doing biz in nigeria is very high,compared to other countries, due to our infastructural decay and corruption...all these go a long way to affect staff welfare..... Since I heard of this from a very reliable source, I have not stopped being concerned. I am not a staff member of Ecobank (Yet, even if I am, does it change the reality of the wickedness?). There is also no hate involved. I even think you may be part of the executive that traded lives for money. I believe if your own relative left by road, and you had to keep wake from 8am when they set out till 1.30am the following day, when they arrived at Lome, coupled with staff bus breakdown (without security) in this horrible Nigeria and its borders, you would appreciate and think better. We are NOT talking about Trainees here. We are talking about MANAGERS!!! There is nothing like 'financial state.' If cost of N40,000 (N80,000 to and fro) is too much for a global bank like Ecobank to absorb on behalf of its top managers, because of "...their financial state...," then, there is no need for Ecobank to be in business in Nigeria. Again, for the bank to identify these Top 100 managers, goes to show that they appreciate what those people are doing. Secondly, the Nigeria Group contibutes larger chunk of Ecobank's returns globally. So, your argument cannot prevail. The issue is: why would you subject your best hands to that kind of physical, emotional and psychological torture? That cannot happen in a place like Egypt. It is time we addressed certain things rightly in NIgeria because strangers capitalise on our docility to castrate and emasculate our citizens. 11 Likes |
Re: Ecobank Sent 100 Managers By Road To Lome by coputa(m): 6:44am On Jul 09, 2013 |
Where is their departure point..if it is from lagos,then there's nothing wrong with it,since from lagos to Togo is a relativeky short journey...you are not being realistic with your argument,...you said its the managers that account for the profit that the bank is making,what of the other workers,are they not as important as the managers without which no appreciable progress would be made in the bank....you said to fly each manager from lagos to Togo and back would cost the bank#80,000, multiply that by 100 people, that gives you a whopping eight million naira just for transport alone,(excluding feeding/hotel accomodation and training allowance)even when there is an alternative and cheap means of doing it...Ecobank is a business organization run with shareholders money,for profit motive......they have to maxximise profit with sound biz skills,and not spending eight million naira when they could alternatively do so with 2 million naira...your hate for the bank has blind folded your reasoning... 24 Likes |
Re: Ecobank Sent 100 Managers By Road To Lome by Burger01(m): 1:19pm On Jul 09, 2013 |
Re: Ecobank Sent 100 Managers By Road To Lome by Policewoman(f): 1:20pm On Jul 09, 2013 |
Bokoharam: TOP 100 MANAGERS' ORDEAL: A SHAME ON ECOBANK NIGERIA!@OP, it's none of your business. The bank is cutting down cost. Or is any of them complaining? |
Re: Ecobank Sent 100 Managers By Road To Lome by JamesLucia: 1:23pm On Jul 09, 2013 |
Bokoharam: TOP 100 continue taking paracetamol in another person headache 3 Likes |
Re: Ecobank Sent 100 Managers By Road To Lome by elampiro(m): 1:25pm On Jul 09, 2013 |
What is the distance from Lagos to Togo? How many days did the training last? How long was this training? |
Re: Ecobank Sent 100 Managers By Road To Lome by strangest(m): 1:27pm On Jul 09, 2013 |
What's the big deal? What if the managers actually voted for it and decided to take the route cos of the sight seeing and stop overs at some finest hotels... Personally I will choose to travel within West Africa on the road... @OP,what if the airplane crashes? I dey suspect you o 1 Like |
Re: Ecobank Sent 100 Managers By Road To Lome by AbuMikey(m): 1:27pm On Jul 09, 2013 |
The height of it al!!! GREEDINESS 1 Like |
Re: Ecobank Sent 100 Managers By Road To Lome by akereconfi: 1:28pm On Jul 09, 2013 |
The Managers no knw say naa BUS dem dey enter before....The bank managers complain? Abi dem tie rope for their neck drag dem enter the Bus.....u hear say dem die for road??......Human race full of Hatred YYYYYY? |
Re: Ecobank Sent 100 Managers By Road To Lome by JamesLucia: 1:29pm On Jul 09, 2013 |
[quote author=coputa]Where is their departure point..if it is from lagos,then there's nothing wrong with it,since from lagos to Togo is a relativeky short journey...you are not being realistic with your argument,...you said its the managers that account for the profit that the bank is making,what of the other workers,are they not as important as the managers without which no appreciable progress would be made in the bank....you said to fly each manager from lagos to Togo and back would cost the bank#80,000, multiply that by 100 people, that gives you a whopping eight million naira just for transport alone,(excluding feeding/hotel accomodation and training allowance)even when there is an alternative and cheap means of doing it...Ecobank is a business organization run with shareholders money,for profit motive......they have to maxximise profit with sound biz skills,and not spending eight million naira when they could alternatively do so with 2 million naira...your hate for the bank has blind folded your reasoning...[/quote] my dear dont mind him, if they traveled by road from Calabar to Lagos he would not have complained cos its in d same country. from Lagos to Lome is not up to 5 hours. |
Re: Ecobank Sent 100 Managers By Road To Lome by akereconfi: 1:29pm On Jul 09, 2013 |
Abu Mikey: The height of it al!!! GREEDINESS which dictionary u see GREEDINESS inside?? It's Greed not Greediness 3 Likes |
Re: Ecobank Sent 100 Managers By Road To Lome by elampiro(m): 1:36pm On Jul 09, 2013 |
James Lucia: Could they not have done the journey in day time instead of at night? On the other hand, any manager who didn't want to take the road trip could have bought ticket for flight. That is biscuit change for them. The company and the staff are one, they should trash this in house instead of dragging their bank in the mud. Not fair. |
Re: Ecobank Sent 100 Managers By Road To Lome by drnoel: 1:37pm On Jul 09, 2013 |
Bokoharam:I support what the bank did even without knowing the details. From what I heard must of those managers go home with 6 or 7 figures monthly so what is plane ticket for them. Pls go and learn about what the bank was hoping to accomplish. They wanted to teach those managers somethings they would not have learnt if they flew. 1 Like |
Re: Ecobank Sent 100 Managers By Road To Lome by Nobody: 1:37pm On Jul 09, 2013 |
@OP, were the managers expecting to go to Lome on a chartered or private jet? As an entrepreneur and investor, and taking into consideration the present state of the economy and cost of doing business in Nigeria; i want to commend ECOBank for taking this drastic cost cutting step? This is what we call financial prudence. Do you know how much it will cost to transport 100 employees, to and fro via air? Once again, kudos to ECOBANK. |
Re: Ecobank Sent 100 Managers By Road To Lome by ujoinme: 1:40pm On Jul 09, 2013 |
whats the distance between lagos and lome that makes air travel the most viable means of transporting the said mgrs? |
Re: Ecobank Sent 100 Managers By Road To Lome by johnstar(m): 1:41pm On Jul 09, 2013 |
Lolz, ar they going for ultimate search, bt wait, bus broke dwn, dis must b a movie titled 'wrong turn' choi, u go fear fear |
Re: Ecobank Sent 100 Managers By Road To Lome by johnstar(m): 1:43pm On Jul 09, 2013 |
*sigh* bt I even tot dey treck 2 dat place |
Re: Ecobank Sent 100 Managers By Road To Lome by Nobody: 1:45pm On Jul 09, 2013 |
Where can I buy the shares of this bank? 5 Likes |
Re: Ecobank Sent 100 Managers By Road To Lome by biolabee(m): 1:45pm On Jul 09, 2013 |
Cant this conference be done via Video It does not make sense unnecessarily endangering the lives of their staff if cost was an issue, then fly in the facilitator... Alternatively charter a coach/bus from a reputable business 3 Likes |
Re: Ecobank Sent 100 Managers By Road To Lome by Nobody: 1:48pm On Jul 09, 2013 |
Ha...prudence my friends, Prudence! @ ecobank, leadership by example is contagious...but this definitely is singing a song telling me my deve, kudi gotta shift base jejely..nothing do meh 1 Like |
Re: Ecobank Sent 100 Managers By Road To Lome by cardoso111(m): 1:51pm On Jul 09, 2013 |
Every organisation has its agenda,go and rest my friend |
Re: Ecobank Sent 100 Managers By Road To Lome by gunuvi(m): 1:51pm On Jul 09, 2013 |
Okay na, try Union bank and you will see you guys are in luxury. 1 Like |
Re: Ecobank Sent 100 Managers By Road To Lome by Godson201333(m): 1:52pm On Jul 09, 2013 |
And what is the biggie in Eco bank sending their staff to travel to Lome by Road,why waste money when Lome is just a seven hours drive from Lagos?Does traveling by road means ya gonna loos your life?@OP you really need to get a life.. |
Re: Ecobank Sent 100 Managers By Road To Lome by Nobody: 1:53pm On Jul 09, 2013 |
i would blame the managers. they risk their lives for nothing. they could have rejected road transport. unitedly or decide to travel by air at their own expenses. |
Re: Ecobank Sent 100 Managers By Road To Lome by ifyalways(f): 1:56pm On Jul 09, 2013 |
I dont see the big deal in this matter. The managers that had and preferred air transportation could have insisted on that and would have got it so long as they have the cash. Lome is just 6 hours away from Lagos. Where they lodged in 3 star hotels,had good access to good meals,given their allowance(if any) for the trip?If yes,whats the fuss about the mode of transportation? 1 Like |
Re: Ecobank Sent 100 Managers By Road To Lome by Jarus(m): 1:56pm On Jul 09, 2013 |
Bokoharam: TOP 100 MANAGERS' ORDEAL: A SHAME ON ECOBANK NIGERIA! Adventure. N40,000 times 100 = 4m. (although return flight to Lome definitely costs more than that, so you will be looking of 80k per person = 8m). That's not small expense for an entity that just acquired a bad asset (Oceanic). Moreso when there is a cheaper alternative. |
Re: Ecobank Sent 100 Managers By Road To Lome by yuzedo: 1:56pm On Jul 09, 2013 |
The scenery at several points in the trip more than makes up for the one hour inconvenience. In fact the only major issue will be the time-wasting and totally-annoying border check. I know the Ecobank regional headquarters in Lome... Very very lovely place! They should see it as a holistic experience and stop griping because they want to enter Aeroplane! Stop complaining and manage, after all, you are "managers"! The seaside in Lome is one of the most beautiful i have laid eyes on! Most definitely the most noteworthy in all my sojourns. The clean, entrancing colorful colors of the water.. So nostalgic. ENJOY IT!! 3 Likes |
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