Tag: network

  • Are you getting the ‘dirty ear’ when you network?

     Whether you’re job searching or just trying to keep your current job, there are few things every professional should know when they network. Don’t be lazy – Are you doing all that you can to be successful?

     

    On the road, your expertise is far from being enough. For everybody on the road, “It’s not about your making a mistake; it’s about someone else making one for you.” Job hunting is that kind of economy. Some thoughts…

     

    Stop being beige

     

    There’s no use sitting back in the corner, wearing beige, and leaning up against a beige wall, hoping no one will get around to firing you. That’s not how it works. Every manager has a list and is looking to cross off names – the closer to invisible you are around the workplace, the easier it is to make you disappear from the payroll.

     

    Work one degree from the profits

     

    Remember that thing about “six degrees of separation”? Well, in corporate life, you want to think about degrees of separation from profits. If your work generates revenues that result in profits, odds are you’re going to be fine. Then, one degree of separation out, if you’re one of the people that profit-producers say they couldn’t live without, you might be OK.

    But if you work for somebody who works for somebody who works with somebody who generates profits… well, get yourself a reserved parking spot at the best Business Center around you because you’re going to be printing out a lot of resumes. (Emergency escape route: If you are known for figuring out how to cut costs, rather than merely being a cost, then you’ve moved within one degree of separation.) Do you know how you can help your employer make money or save money or grow business?

     

    Don’t put your head in the guillotine and wonder how it works

     

    There are still plenty of companies that are thriving, and you need to be in one… fast. Don’t put ypurself in this situation: A guy was working for a family business that’s losing over N15m a month. So he was asked, “How’s the job hunting going?” He replied, “I’m waiting to see how things play out.” Well, a week later he called to say he’d been laid-off – that’s how things played, OUT. In other words, he’d let himself become a hardworking slacker – a job search slacker.

    If he asked you for opening jobs, won’t you think, could I recommend a guy who dumb enough to lay his head in the guillotine and wonder how it worked? …..toss off the old “dirty ear” ( Just say, “I’ll keep my ear to the ground.”

     

    Be a bargain

     

    Dare to be a lousy negotiator. This same guy had always bragged about how he got paid more than he was worth. Well, those people who most skillfully squeezed their employers are the first ones cut – you got two people doing the same job and you’re paying one twenty percent more, who ya gonna cut? Everyone wants a bargain – don’t be afraid to be one. The guy above could probably use this advice

    Yes, we’re in an economy where you don’t have to make a mistake – somebody will make one for you. Time to put the “work” in “networking.”

    lthough your appearance is not the most important thing in a job interview, it could be critical. Applying too much makeup or having the wrong accessories can hurt your chances of getting the job.

    Here are tips to consider before your next interview.

    1. Wear something you’re confident in

    First of all, if you never wear a dress, costume, or skirt in your leisure time, you should not start wearing one for an interview. There are also fashionable business clothes from Lipsy London out there if that’s more your style. During an interview, it’s always better to stay true to yourself since you are very excited (and sometimes even insecure).

    2. Find the right shoes

    Feel as comfortable as possible – even if it’s a challenge to find the right shoes for a job interview. They should neither make you nor your legs extremely long, as you want to convince with your skills and not your looks, right? (And twisting your ankle when stepping into the office might not be the most professional look, so just keep it on the down low.)

    3. Dress like your future colleagues or better still future bosses

    If you don’t know if a business suit and heeled shoes will be the right choice, sit down in a nearby café a couple of days before your interview and take a look at your (hopefully) future colleagues – what are they wearing? Is there any fashion trap you might step into with your choice so far?

    4. Don’t wear too much makeup

    When it comes to makeup and accessories, you should use as much as necessary but as little as possible – everything distracting the interviewer from your personality and skills might end in some attempts to flirt, but surely not in a serious conversation or labor contract afterwards.

    Of course – nobody should ever take a wedding ring off and if you have skin problems because of pimples, you will surely feel better using some light concealer. But there is no need for smokey eyes and pink lip gloss, so just underline your natural beauty a bit without exaggerating the usage of your vanity case.

    5. Don’t wear too much jewelry

    This apply to both men and women. Of course more to men than men. Heavy rings, necklace, ear-ring, hand-chain is a no, no. In fact, it is better avoided completely for men- even if you use then in your current job. Even for women, clanging bangles, beads that makes you look like a cultural ambassador is out of it.

    6. Be conservative with your hair

    Punky, Coloured hair style, won’t work, as they are not usually acceptable in office settings. Women has some latitude, yet normal and conservative is safer.

    So, good luck for the next interview – keep in mind to stay true to yourself and you will not have to blame yourself afterwards if it goes wrong, because then the company did a mistake!

  • SEC,CBN, others plan new mutual funds network

    SEC,CBN, others plan new mutual funds network

    The Securities and Exchange Commission (SEC) the Central Bank of Nigeria (CBN) are considering a tied-up cross-selling arrangement that would enable fund managers use banks and other financial services outlets as retail outlets for mutual funds.

    The Nation gathered that the mutual funds retail network muted by the SEC, would involve collaboration between the Commission, which is primarily saddled with regulation of mutual funds; the CBN, which oversees banks; the Bankers’ Committee, the a body of all banks and the CBN and the Fund Managers Association of Nigeria (FMAN), the umbrella body of all fund managers.

    Besides banks, the new retail network would also include the Nigerian Postal Services (NIPOST), which owns and manages all the post offices nationwide, and also inputs from the Nigerian Stock Exchange (NSE), which lists mutual funds on its official list.

    Under the arrangement, such as bankassurance where insurance products and services are offered within banking hall or platform, investors and bank customers can buy mutual funds from their bankers, creating a seamless arrangement that combines savings with investment management.

    Existing and potential investors would also be able to buy mutual funds and access mutual funds information through post offices nationwide.

    The source said the new retail network was part of efforts to promote the development of collective investment schemes (CISs) as veritable means of pooling huge national savings into the capital market and ultimately, for long-term funding of the economy.

    The retail network is part of an all encompassing strategic plan with the objective of expanding the reach of collective investment schemes to greater percentage of the investing public.

    The strategic plan incorporates innovations into the market such as introduction of incentives to encourage retail investors back into the market through collective investment schemes, introduction of distribution and sales points, classification of schemes to cater for the investment appetite of the various classes of investors, review of minimum subscription levels for retail investors, review of the offering process for Schemes, among other strategic initiatives.

    Besides, there would be improvement of knowledge level of operators to foster professionalism. This would be done through continuous education, training and certification of fund managers and sales marketing staff.

    Net assets value of CISs or mutual funds stood at N111.21 billion as at March 8, 2013. There are 49 registered mutual funds with about 170,000 investors participating in the funds. Analysis of the components showed equity-based funds with largest base of N51.68 billion. This was followed by money market funds at N16.15 billion while real estate funds trailed with N16.04 billion. Other components included bond funds, N10.30 billion; balanced funds, N9.82 billion; ethical funds, N6.87 billion while other funds totaled N2.7 billion.

    Director General, Securities and Exchange Commission (SEC), Ms Arunma Oteh, recently identified collective investment schemes as part of the priorities of the Commission for this year.

    According to her, SEC would build on the momentum of the past year, which saw the return of retail investor interest in the stock market by continuing to advocate and encourage the adoption of collective investment schemes for retail investors.

  • Arik Air adds Kinshasa, DRC to route network

    Arik Air adds Kinshasa, DRC to route network

    Arik Air is expanding its regional African network with the addition of new flight services from Lagos, Nigeria to Kinshasa, Democratic Republic of Congo (DRC).

    The first commercial flight on the route takes off on Wednesday December 5, 2012 and will subsequently operate twice weekly on Wednesday and Sunday.

    The announcement means Kinshasa has now become Arik Air’s third destination in Central Africa, following the inclusion of flights to Luanda, Angola in 2011 and Douala, Cameroon in August this year.

    The new Lagos-Kinshasa service will operate via Douala, Cameroon with outbound flights departing from the Murtala Muhammed International Airport, Lagos to arrive at Douala International Airport .

    Flights will then continue onto Kinshasa, departing from and arriving at N’djili International Airport, Kinshasa .

    The return flights will leave Kinshasa and arrive in Douala, and will thereafter leave Douala for Lagos.

    Kinshasa route will be served with a Boeing 737-700Next Generation aircraft. The 737-700 is a two class compartment and the configuration is 12 Business Class seats and 112 Economy Class. Business Class passengers will enjoy a 44” seat pitch with cradle style seats, while Economy Class passengers will have plenty of room on the flight with a generous seat pitch of 34”.

    Arik Air’s Managing Director/Executive Vice President, Mr. Chris Ndulue said of the new Lagos-Kinshasa service:

    “Kinshasa is our 12th African destination and this underscores the airline’s commitment to linking the African markets for proper integration of the continent. Kinshasa is the second largest city in sub-Saharan Africa and the third largest in the whole continent after Lagos and Cairo. Thus, it is strategically important to link Lagos with Kinshasa.

     

    “Arik Air is now firmly established as the largest airline in West and Central Africa as well as the fastest growing in Africa”.

     

  • Glo connects Lekki Estate to its fixed network

    National Carrier, Globacom, has begun the connection of residential estates in Lagos and other cities to its fixed line network, riding on the Glo Broadaccess infrastructure.

    As part of this roll out drive, the company has connected NICON Town, one of the newest residential estates on the Lekki-Epe Expressway in Lagos.

    The Head of Glo Broadaccess, Mr. Karuna Menon, said the telecommunications company is delivering high quality voice service, data transmission, high speed Internet services and video streaming to the 433 plots in the estate.

    He said Globacom’s fibre optic cable laid earlier on the Lekki-Epe axis makes it easier for the estate to connect to Glo’s fibre optic infrastructure.

    Menon added that from the fibre cable on the expressway, the infrastructure is stepped down in a central hub in the estate and redistributed to homes to connect end users.

    A visit to NICON Estate showed that Globacom’s network installation in the estate has the capacity for 1568 connections, though the estate currently has about 433 houses. Residents have the privilege of choosing whatever bandwidth bundle they wish, based on their Internet usage requirements and this is made available by the wireless multiple cable points or both.

    “The infrastructure is robust and unique, not seen anywhere in Africa,” Menon said.

    The management of the estate attested to the speed and capacity of the Glo Broadaccess network.

    According to the General Manager of the NICON Town Management Company, Mr. Jimmy Osho, residents are capable of downloading or uploading films, videos and heavy data files with incredible Internet speed.

    On the cost of the facility to residents, Osho said last mile connections to the homes are affordable and the tariff is based on the individual monthly usage.

    Besides the NICON Estate, several high-end customers have been connected to the Glo Broadaccess network and are enjoying the services.

    Menon noted that more estates in the country have shown enthusiasm in the service “and we hope to spread the coverage in a very short time.”