Provost: Why Cooperative Societies must embrace disruptive realities of modern world

The Provost of the Lagos State Cooperative College, Akorede Ojomu on Tuesday said failure of cooperators to embrace the disruptive realities of the modern day business world, could hamper their businesses.

 

Ojomu spoke at the opening ceremony of a four-day intermediate training programme for managers, trustees and members of cooperative societies in Lagos held at the college’s premises in Agege.

 

The theme of the training is “Disruptive Innovations: Survival Strategies for Cooperative Societies.”

 

The provost said the theme, no doubt, underscored the impact of the business environment, particularly the external factors on all business enterprises and models.

 

He said the management of the business environment, if not well addressed, could prove inimical to the survival of cooperative and other business organizations.

 

“As such and in view of our position as a proactive training institution with a bias for cooperative education, we consider it expedient to attune the consciousness of operators in the sector to the dangers inherent in their failure to embrace the disruptive realities of the modern day business world.

 

“This disruptive environment has been further deepened by the advent of Covid-19 which has unequivocally reinvented the world of work with its attendant transformations in our business models and approaches. Here we are with new nature of business process largely propelled by ICT as strong business solution.

 

 

 

“For us at the college, our curriculum has been repositioned to cope with the imperatives of the ever dynamic albeit volatile environment across the globe and Nigeria,” he said.

 

Ojomu said there is no gainsaying the fact that “we find ourselves at a time and age when we have to embrace the “new normal” in order to forge ahead not only in our business operations but also in our daily lives. This is particularly important in our effort to turn disruptive developments around for our continued survival.”

 

He stated that the training aimed to equip cooperators with the necessary skills with which they would hopefully convert emerging threats to business opportunities through the right application of knowledge gained in the course of this intensive programme.

 

 

“We have painstakingly selected the topics that would be discussed at this seminar in recognition of the need to cover as much as possible, the different areas of your business operations. Equally gratifying is the fact that our facilitators are seasoned subject matter specialists with years of professional and hands-on experience cutting across both the private and public sectors,” he added.

 

The provost implored the participants to take advantage of this window of opportunity in refreshing their ideas and re-energizing themselves for greater productivity going forward. CONTINUE READING……………………..

 

 

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