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CIBN President Charges Inductees On Innovation And Independence - Business - Nairaland

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CIBN President Charges Inductees On Innovation And Independence by nex(m): 2:15am On Aug 30, 2017
Prof. Segun Ajibola, the President, Chartered Institute of Bankers of Nigeria (CIBN), on Saturday urged the newly inducted members to be innovative, rather than searching for employment.

Ajibola spoke at the 2017 CIBN Graduates Induction and Prize Award in Lagos.

He said that entrepreneurship has been a veritable solution as the global economies continue to find viable alternatives toward addressing social and economic challenges.







The News Agency of Nigeria reports that 1,034 graduates consisted of 234 newly qualified associates were inducted.

The theme is: “Entrepreneurship Mindset: A Critical Success Factor for the 21st Century Professional.’’

The CIBN president said that the emerging trend was a shift to a performance economy whereby temporary and flexible jobs were routine.

“Companies tend toward hiring independent contractors and freelancers instead of full-time employees.

“Analysts predicted that performance economic system will likely overturn the concept of full-time works that focus on lifetime careers.

“The primary factor that will facilitate this transition is digital disruption that makes workforce increasingly mobile and virtual, thereby decoupling jobs and location.’’ he said.










Ajibola implored the new inductees that were conferred with CIBN certificates to translate the knowledge they acquired into an entrepreneurial mind-set.

He said: “Wherever you find yourself, whether employed in the private, public sector or self-employed, the critical success factor is to think, feel, speak and act like a business owner.

“ For those in the paid employment, there must be a paradigm shift from civil service mentality of whether the owner sells the bunch of palm leaves or not, the load carrier will collect his due.

“Also the slogan I will do it well, when I start my own business. You may not do any better, because in the words of Aristotle, `we are what we repeatedly do.’

“The place to start is on your current job, do not wait until you start your own business.’’



Watch The Video Of The 2017 CIBN Graduates Induction and Prize Award


https://www.youtube.com/watch?v=-ZqDLvag7yA




Also, Mr Olabode Augusto, the founder, Augusto & Co. Ltd., said that the rate at which the economy was creating jobs was not keeping pace with the population growth.

Augusto said in spite of the large fast growing population being a problem, “it presents significant opportunities for the entrepreneur who can provide solutions to segments of the population that have the capacity and willingness to pay’’.

He advised the new CIBN graduates to target their products and services at those who have capacity and willingness to pay.



SOURCE: http://www.barbaric.com.ng/cibn-president-inductees-innovation

Re: CIBN President Charges Inductees On Innovation And Independence by maisauki: 3:58am On Aug 30, 2017
And d best business they can do is agric
Re: CIBN President Charges Inductees On Innovation And Independence by nex(m): 10:43am On Aug 31, 2017
maisauki:
And d best business they can do is agric

Well, since they are bankers, I'm thinking they can develop simplified internet based apps that can compete with traditional apps in getting Nigerians loans.

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