We’re excited to welcome Ibukun Awosika again to The International Management Summit stage in 2021! If you happen to’ve been to the Summit earlier than, you would possibly keep in mind seeing Ibukun’s inspiring Grander Imaginative and prescient story showcasing how she selected integrity within the face of a disaster when corruption would have been a straightforward out.
If this yr’s Summit shall be your first-time listening to from Ibukun Awosika, you’re in for a dose of knowledge that might change your group.
Over the course of her spectacular profession, Ibukun has had the respect of influencing Nigeria’s financial progress by chairing a variety of influential company and nonprofit boards. She is Founder and CEO of a bunch of producing, retail and bank-way safety system corporations; in addition to Chairman of First Financial institution of Nigeria Restricted, the nation’s premier banking model.
Globally acknowledged, she has acquired a number of awards, together with the 2020 Forbes “Lady Africa Chairperson” award, and was additionally the primary Nigerian recipient of the celebrated “Worldwide Girls Entrepreneurial Problem” award in 2008. Via her tasks, Ibukun champions entrepreneurs, empowers ladies and youth, and helps missionaries who present medical and academic provides to these in want.
Here’s what others should say about Ibukun:
“Anyone who could be the chairman of First Financial institution of Nigeria needs to be any person with quite a lot of excessive ethics and excessive integrity,” mentioned Gbenga Shobo, Deputy Managing Director at First Financial institution of Nigeria. “She could be very, very effectively revered. She can also be somebody who could be very influential—a tradition shaper.”
“She’s turn out to be an instance of tips on how to do enterprise as a Christian in Nigeria,” mentioned Tara Fela-Durotoye, CEO of Home of Tara. “You possibly can see her religion in the way in which she talks, the way in which she offers with each workers—able to take heed to you, prepared to point out you tips on how to develop.”
“Her mission, her imaginative and prescient is all about doing the appropriate issues and exhibiting integrity in what you do,” mentioned Remi Adekola, Supervisor at Sokoa Chair Centre.
We have now a lot to be taught from Ibukun! Get your tickets for The International Management Summit on August 5-6 to listen to from Ibukun Awosika and 15+ extra world-class college! And till then, get a preview of her knowledge on this prolonged minimize Grander Imaginative and prescient showcase, Main with Integrity within the Face of Disaster.
If you’re constructing furnishings, you’ll be able to’t use the improper parts and supplies and count on to get the appropriate chair on the finish of it. I found that’s just about our lives—it’s actually about deciding who you wish to be.
In Nigeria, corruption is kind of prevalent. There are a lot of enterprise practices based mostly on dishonest, benefiting from the client or enterprise offers that aren’t carried out pretty.
If you’re constructing furnishings, you’ll be able to’t use the improper parts and supplies and count on to get the appropriate chair on the finish of it.
Once I wished to start out my enterprise as an adolescent manufacturing furnishings, I made a decision that two issues have been crucial for me:
- I used to be by no means going to sleep with a person to get a job.
- I used to be by no means going to pay a bribe.
It appeared like a naivety of idealism, however I knew I might make it work.
A yr or so into my enterprise, I gave my life to the Lord. Contemplating I come from a Muslim background, that grew to become an entire new expertise for me. I began heading the enterprise fellowship in my church. It gave me grounding and confidence to proceed with my quest and my need to construct a enterprise based mostly on biblical ideas. In pursuit of constructing establishment or constructing wealth, I cannot deter from righteousness.
In 2004, there was an announcement within the information: “Importation of any type of furnishings is banned.” With that single announcement about 80% of our enterprise was shut down. Now, that was a really scary second.
In pursuit of constructing establishment or constructing wealth, I cannot deter from righteousness.
I had an choice to decide on to turn out to be a smuggler (and lots of people selected that route—they might make a cope with the customs officers to get round it), however I wouldn’t try this due to all the things I’d discovered and the precept I’d chosen to dwell by didn’t slot in with that. So, I known as my workers, had a gathering and mentioned, “Look, I’m not firing anyone. I simply want you guys to wish for me and ask the Lord to grant me grace and knowledge for this season.”
I appeared on the complete furnishings worth chain and I discovered that probably the most tough to copy domestically could be workplace seating as a result of it’s very technical. So, I went to the most important French office-seating producer and talked to them about having a three way partnership in Nigeria. They laughed as a result of they’re the most important in France, one of many high ten on the earth.
However I’d been doing enterprise with them for as much as about ten years then and I’d left an excellent document. Two weeks after, they known as to say, “You realize what, we’ll offer you technical assist and we’ll do a 5% funding.”
As we constructed the marketing strategy, they modified their thoughts and moved their funding from 5% to 21%, and all technical assist and coaching of all of the workers that may be required.
As we constructed the marketing strategy, they modified their thoughts and moved their funding from 5% to 21%
I then went on to arrange the opposite factories with a purpose to meet our total worth chain throughout the enterprise. On the finish of it, we grew to become an even bigger and higher firm than we have been earlier than the disaster. And the entire means of responding to that scenario and the build-up of the brand new corporations that emerged from it opened doorways to a company profession as a result of corporations began searching for individuals who had integrity and sure worth programs to sit down on their boards.
Within the final 28 years, I imagine the extent of success we’ve achieved as a enterprise has proven that though our worth system was thought to not make it doable to reach this surroundings, we’ve confirmed that to not be true. By deciding to advance my values, by deciding to advance my focus and in trusting Him, He’ll lead me each step of the way in which to the appropriate place.
Get your tickets as we speak and mark your calendars to listen to extra from Ibukun Awosika and 15+ world-class management college on the premier management occasion of the yr!