19 May CONVENERS SPEECH
Good morning, Madam Chairperson,
Our renowned Keynote Speaker,
Our Special Guest of Honour, the Honourable Commissioner for Wealth Creation & Employment (who will be joining us in due course),
Our Distinguished Moderator and Panel of Discussants,
Transformation CEOs (i.e. Members of the Stanford Seed Transformation Network)
Our TAMS Ambassadors (Individual & Corporate),
Our Partners and Sponsors,
Members of the media,
Distinguished ladies and gentlemen.
I am deeply honoured to welcome you to the second edition of the TAMS Summit. Please accept my heartfelt appreciation to you all for taking time out of your very busy schedules to honour our invitation.
The maiden edition of the Summit last year was highly acclaimed for putting Time Management in the front burner of national and corporate discourse. Something tells me that the project manager who achieved unprecedented speed in the recent renovation work at the Abuja Airport may have been a part of the summit whether in-person or through news reports.
Our Keynote speaker, Professor Chris Ogbechie, Chairman of Diamond Bank, along with our wonderful Chairperson, Mrs. Bukky George and other distinguished speakers inspired a unanimous resolve to demystify the so-called African Time and move Nigeria out of the doldrums of occupational apathy, systemic time-theft and habitual absenteeism.
This year’s edition is aptly tagged TAMS Productivity Summit. It stems from the realisation that as a nation, we are living with the effects of a national misconception, and even trivialisation, of the concept of productivity.
The Minister of Finance, Mrs. Kemi Adeosun, captured it vividly when she declared without mincing words that Nigeria’s economy is an unproductive economy built on 36 states sharing oil monies. Any wonder, then, why we are in economic recession? The recession is clearly an unintended but inevitable consequence of our poor track record of planning and time management. If we had done the right things at the right time, we would all be in a good place now.
While the recession has forced us to embark on diversifying the economy, it is imperative to note the findings of the International Labour Organisation on the importance of productivity as a key driver of economic success- that is, the more productive a country’s workers are, the more value they can bring to their employers and, of course, the national economy.
The challenge therefore, is to reflect deeply on how best to increase labour productivity by motivating our human resources. As a backdrop, the extent of the economic downturn took a new dimension in 2017 precisely between February 19th and 22nd when the exchange rate went as high as N520 to a dollar, with a domino effect on commodity prices going up to about three times their values in the previous year.
In fact, everything except wages skyrocketed and this underscored the need to address the most important ingredient of productivity- that is, a highly motivated workforce.
Apparently, the easiest way to motivate employees is to increase wages, a position advocated by organised labour. Unfortunately, however, most if not all organisations do not have the means to sustain this in this economic climate. On the contrary, what they are doing is laying off staff, some of whom are excellent employees.
Like the typical entrepreneur, I was looking for ways to cut cost and improve productivity. Auspiciously, when we hosted a workshop for HR managers in November 2016, our distinguished speaker, Mr. Fela Durotoye, introduced a terminology I had never heard before- the concept of trimming up. He said organisations and even countries must identify excesses in their system and invest such in relevant areas that will boost performance and productivity.
It is that concept of cutting waste and investing in areas that will boost productivity that was a source of inspiration for the theme of this year’s TAMS Summit- Boosting Employee Performance Beyond Pecuniary Benefits.
Motivating our human resources has to be a key priority for all organizations, because it is an essential condition for productivity. If we have productive individuals then we have an assurance of a productive and prosperous nation.
The TAMS Summit is not complete without celebrating our TAMS Ambassadors. Based on their cumulative productivity and punctuality scores, the 15 individuals that were automatically selected from over 1,000 organizations comprising 120,000 plus employees across Nigeria and Ghana on our TAMS platform are indeed star performers in 2016/2017 according to the testimonies of their supervisors and HR managers- as shown by the following two comments:
|#||TAMS AMBASSADORS||ORGANIZATION||SUPERVISOR’S REMARKS|
|1st||KUSIMO ADETUNJI||INLAND CONTAINERS NIGERIA LIMITED||He is quite intelligent, very creative, efficient and result-oriented- Abiodun Lawal, Supervisor|
|2nd||ANN ROSE EKOH||PRISCILLA’S PRIDE||She is dependable, timely and committed to her designated tasks- Benita Oserenomwenle, HR Mgr.|
Making Nigeria productive again is the ultimate goal of TAMS Summit and indeed the TAMS solution. That is why they call me Nigeria’s timekeeper and productivity activist.
To inculcate a culture of productivity we introduced TAMS Classic, a FREE ACCESS version of our TAMS solution. TAMS Classic helps business owners and managers deal with the challenges of managing staff productivity and attendance.
For this conference, we were deliberate about the choice of our panel of discussants, comprising CEOs and Management Executives running successful businesses. They’ll be sharing with us what they are doing in their different organizations to motivate their employees beyond pecuniary benefits.
Our keynote Speaker, Dr. Doyin Salami, a highly respected economist and international development consultant, was gracious enough to honour our invitation despite his extremely busy schedule.
Our Chairperson, Mrs. Olubunmi Aboderin-Talabi, ably represented by Mrs. Bunmi Ibraheem, is a woman of unswerving commitment to empowering people- from high profile professional women to disadvantaged people in the backwaters of our nation.
The Honourable Commissioner for Wealth Creation and Employment, Mr Babatunde Durosinmi-Etti, will be talking to us on the importance of motivated employees and what his ministry is doing to improve wealth creation and reduce unemployment.
Once again, on behalf of the TAMS Nigeria Productivity and Time Management team, I welcome you all.