1) Future directed management
The first element is the development of “Future direct management strategies and methodologies to
- Maximize technology benefits
- Reduce and specifically minimize adverse technology impacts
- Proactively manage and reduce environmental risks
- Increase overall commercial added value to enable Nigeria to trade on an equal level with so-called “developed” countries
- Specifically, to reduce the adverse international and globalization trade impacts
- Support capital formation and
- Reduce corruption
The accelerating speed of technology developments, globalization and the interdependence of communities upon to each other require that we apply:-
Future directed management strategies
These strategies need to be applied from macro to community level therefore
- On macro economic planning and directing level
- Business management level
- Union management level and
- On a personal level by workers, as well as,
- The community at large
Environmental, social and economic stability demands
that we manage on a proactive basis factors such as:-
- Economic development
- Trade and business development
A good example which illustrates the above is the management of labor.
In the simplest form, we have to ensure that workers’ skills remain marketable.
- This requires the development of job skills, task skills and commercial ingenuity.
- By so doing we ensure:-
- firstly adequate skills for future business requirements and
- at the same time we provide stable and planned economic development.
In fact, it has become imperative that we structure trade within a framework of collective development.
By applying future directed management methodologies it is; not only;
- Possible to adhere to the above broad statement; but
- it also becomes possible to offer better return to investors and
- and ensure long-term sustainable business growth.
As pressure on natural resources increases, new trading methodologies and approaches are becoming necessary.