User talk:Allenvictor

the first class firm
My mane is Allen Victor 2nd I work for a firm were I manage the outsourcing department for south/eastern part of Nigeria. My MD always talks about building a first class company so I took it to myself to find out what it takes to build a first class company, what kind of people work their and what is expected of the firm, but from my own understanding a first class firm has to have its own style or ways of doing things, and so of this things I will list below.

•	The firm has to run itself i.e. it has to be an organization, because if you have notice is not all companies /firms that is an organization because they are not organize. Let us look at firms that are very organize like the banks the single highest share hold does not have to be there for the activity to be carried out, because there is a system in place a that takes care of itself, very body knows what to do but if you are found wanting their is also a system that will take care of that. A first class firm/company should also have a first class staff. •	A first class staff could be academically or the staffs ability to improve his / herself, people work in a firm for over two years without trying to improve themselves at all, you could have a masters in your field of study or in the present office you are holding, all academic knowledge is obsolete, so we need to improve ourselves on a daily bases, if you work in the accounts section you should be thinking of having an ICAN or NCCA/ACCA so that you can meet up with the new trend in that works of life, if you are in Outsourcing like we have in our firm you should be thinking of having a degree in HR(Human Resources) some of these could be obtained on line, how will you feel if a WAEC/GCE holder is you Boss? I believe you out put will be very poor, no matter how smart a WAEC/GCE holder have can not be more exposed than a BSc/MSc holder, I want to take a look into my MD life, he has a Bsc from a Nigerian University and two MSCs in the UK, he is also running a program at the University of Lagos, most of his newly gained Degree are in Business Administration all these are to improve his business sagacity, he presently has a large collections of Harvard Business Review, books and other material written by fellows from the best business school schools in the world, his love is for knowledge but his wealth increases whenever his business sagacity increase, I will say his a first class MD and a roll Model. •	Now the board / people that run the day to day activities of the firm, for a firm to be a first class firm it has to have first class persons on the board and also a the hem of affair, a firm like SAVANA BANK did not have credible hand at the hem of affair that was why the bank went under, for about eight years they did not post result for those finical years, share holders did not know what was going on, up till the day that NDIC took over the bank the public were still buying shares for the NSE, the firm had management problems, the staff were not it, we all can state under oath that the physical appearance of their staff was something to boot, the old generation or the first generation banks have these issues, they are not wanting to let go the old way of doing things, their services are not up to stander but if the staffs improve themselves the organization will also improve. In every first class organization the staff have welfare packages that will inspire them to put in their best, for example Travel allowance, out off station allowance, additional benefit (bonus), but when the management does not have the interest of other staff they will only make decision that will favor themselves forgetting that they were once there. We need professional that can afford to do the right thing at the right time. the board should also know that they can also recommend courses for some staffs. Continuity is also another facilitator to building a first class firm/company. •	Continuity is a key player to good and fast growth in a firm, if everybody know what everybody is doing it will be easy for a term not to feel the absent of any of its member, is like playing the game the weakest link, the management should make sure that everybody work as a term, their should be no lone ranger or solitary work, staffs must learn to take/ go for their annual leave, it should not be monetize, all staff should learn to take a minimum of fifteen working days of work every year, this is were continuity plays an important roll, if you boss is on leave you should be able to do his job and not take his job, we all have to be a term player and learn to help the weakest link. •	The growth model of a firm will determine if the company is a first class firm/company, every organization has 2model for growth, one is economic/ finical growth and two the staff growth, -	The economic /finical growth model has to do with the method that the firm/company is using or strategy or line of attack the firm is using to achieve its set goals for a time period or a finical year, every firm has different goals but all these goals will have to end up in profit i.e. finical gain for the organization, but all this is made possible because of the oneness/term player present in that organization. -	Now the staff growth model has can also be seen as staff motivation, when a staff is employed into an organization he/she intends to get to the hem of affair one day, some intend to put in some number of years and them take a long work, either start up their own business or move to another firm and changer career, its possible to work in a bank industry and after a while move to the telecoms industry, a staff should be made to know that he is on probation and that after a stipulated time he/she will be confirmed, it is easy for a fresh post secondary leaver  to write test in different organization and move, presently in Nigeria it is difficult for fresh  graduate who are between the ages of  26 – 30, organization should please lower the age limit so that more people can apply for jobs, also the older staff should learn to encourage new staff  and not to present  the lapses  of the organization, these lapses could be structural or process, an example of the structural lapses are those thing that the management ought to put in place that are not while process lapses are administrative problems and other problems that is cause by the staffs. Every staff wants to know that if I work very hard it will take me about ten years to get to the position of the branch manager, the Organ’ Ogram i.e. (a chat showing graded arrangement of personnel in an organization) of every organization should be shown to every one, this will also act as a motivator (Allenvictor (talk) 12:55, 1 October 2008 (UTC)).