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How Zappos Adapts New Employees

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Zappos

When Mr. DeVonTae Brown showed up for the orientation for his new job, he virtually knew nothing about the management discipline of Holacracy.

According to him, he was sure it meant nothing, but three weeks into the online shoe retailer’s month long on-boarding slog, Brown has been converted into the avant garde management strategy.

The traditional office top to bottom hierarchy or structure has been replaced with Holacracy, which is a complete system for self- organization. Here employees do not take the usual job titles but, take on roles which helps in creating an autonomy over the work they do.

So far, over 300 organizations have dabbled with Holacracy at one point or the other in the last ten years, included in this list is a part of Washington state government, productivity guru, David Allen’s company as well. The largest and most popular company to embrace this philosophy holistically is Zappos.

After transitioning over the last 18 months, many accounts of this new means of running the company hasn’t been palatable. Not everyone at Zappos, the Amazon owned shoe retailers, shares the enthusiasm of the Chief Executive Officer, Tony Hsieh, of giving up the highly sort after positions on the corporate ladder.

Most of the company’s employees left rather than join the strange order. They were paid off with a severance pay equalling three month’s pay,

Just about 14 percent of the Zappos work force stayed on board, many expressing scepticism about how Holacracy will help their jobs positively.

According to reports, Hsieh, has extended an attractive buyout, which is known as the SuperCloud offer, to a smaller group of workers, giving them till the end of the year to make a decision.
Over 200 employees at Zappos had a taste of Holacracy and chose to opt out. The question remains; what happens to the new Zappos employees opting in?

The old two-week indoctrination orientation has since evolved into a four-week undertaking. After the first week, Zappos offers the new employees a one moth buyout salary if they want to opt out. Employees who came to work later than 7am are fired on the spot and were forced to take a final exam by passing 90 percent of the questions. Those who fell short were sacked.

Standard orientation now involves a two-week mandatory telephone training, even for jobs that are not customer service related.

Megan Petrini, the new-hire trainer said the reason for this training was to understand the culture which aids in understanding real jobs.

A new addition by Zappos to the already long orientation process, Holacracy education, takes place over a three day period. During the first official discussion of Holacracy, a three hour lecture comes up in the second week of orientation.

The word Holacracy at this point for the new employees is not so new. Everything about the process is exposed to the employee’s right from the job selection process.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

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FG Introduces NEXIT Portal for Npower Batch A and B Beneficiaries

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npower latest news

The Federal Government has introduced a new online portal for exited Npower beneficiaries of batch A and B.

According to the Minister for Humanitarian Affairs, Sadiya Farouq, the portal was launched in collaboration with the Central Bank of Nigeria (CBN) to enable exited Npower beneficiaries apply for available federal government empowerment options.

This was disclosed in a statement issued by Nneka Anibeze, the media aide to the minister, on Friday.

The ministry said the NEXIT portal will be used to determine the suitability of exited beneficiaries for various CBN-affiliated programmes.

She explained that selection will be based on the conditions and criteria set by the apex bank.

Ms Farouq, therefore, urged interested exited Npower beneficiaries to log on to the NEXIT portal and provide the required additional information for possible placements into central bank’s intervention options.

The Minister expressed her deep appreciation to the CBN Governor Mr Godwin Emefiele CON for his support adding that the Ministry of Humanitarian Affairs remained committed to the vision of Mr President to lift 100 million Nigerians out of poverty in the next 10 years.

“Minister Umar Farouq pledged the Ministry’s willingness to collaborate with relevant agencies of government and other stakeholders towards the realization of that vision and congratulated the exited beneficiaries while wishing them well in their future endeavours.

“The Federal Government of Nigeria is very proud of the milestones you have achieved during your period of service to the nation. As we prepare to exit into prospective endeavours.”

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Ellah Lakes Partner Ondo State Government to Develop Oil Palm, Cassava in the State

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The management of Ellah Lakes Plc said it has partnered with Ondo State Government to develop and manage 5000 hectares of land for the purpose of cultivating oil palm and cassava in Ondo State, Nigeria.

The company stated in a statement signed by Kenechi Ezezika, Company Secretary, Ellah Lakes Plc.

Speaking on the development, the Chief Executive Officer, Chuka Mordi said: “This is a significant landmark for the Company in the development of our landbank, & we are very excited to be working with ODSG.

I am delighted that we are fulfilling our strategic objective of progressively expanding our land bank & diversifying our portfolio and production base. I am also glad to say that the intercropping programme in Edo State is progressing steadily & we have achieved our first milestone of 100Hectares of Cassava with the participation of personnel of the Agricultural Development Program (ADP), in Edo State”.

The Special Adviser on Development & Investment to the Ondo State Governor/ Chief Executive Officer of Ondo State Development and Investment Promotion Agency (ONDIPA), Mr. Akinboye Oyewumi, who also spoke on the development said: “We are pleased with this collaboration with Ellah Lakes Plc., and we look forward to a mutually beneficial, valuable and fruitful venture.”

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Unilever Nigeria Appoints Mr Jaime Aguilera as a Non-Executive Director

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Unilever Nigeria Plc

Unilever Nigeria Plc announced it has appointed Mr. Jaime Aguilera as a Non-Executive Director of the company effective from January 2021.

The company stated in a statement filed with the Nigerian Stock Exchange.

Mr Jaime Aguilera worked with Coca-cola, Nestle and Procter & Gamble before joining Unilever as Executive Vice President Unilever Eastern Europe in September 2016.

Therefore, his experience spans from Europe, Americas and Asia.

His key expertise areas are “in Sales & Marketing and he has lead teams in Spain, Brazil, South Eastern Europe, Middle East, Mexico and Global teams.

“In 2009, he joined Unilever Spain as EVP & Chairman and then moved to his current role as Unilever Executive Vice President Africa, leading the Unilever business in Africa. Jaime is of Spanish origin and is an alumnus of the Universidad Pontificia de Comillas- ICADE. Jaime majored in Economic Sciences, Management & Business Administration.”

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