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How Your HR Manager Review Your Performance

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Have you ever received a performance review at the end of the year? Or have you seen your HR manager and supervisors so happy to give a performance review at the end of the year? If you answered yes to one of the questions above, then you may want to question the rationality and justification of the review in respect to your 365 days of work filled with ups and downs. Imagine only one event overshadows all the good works you have been doing; how then do you justify “performance management?”

Performance management – I call it the “sacred sacrifice”. Let me share this story. In early 2012, I had the opportunity to be a member of a performance appraisal team that was going to appraise a group of employees in a medium size company in Canada – it was going to be my first-hand experience with the “sacred sacrifice”. The HR manager, a professional lady (who boasted to have studied in Imperial College, UK; and Harvard University, USA, was going to lead the appraisal.

Here is what struck me as a surprise, she was going to use same measure to appraise the employees in the Sales department and those in Finance department! She succeeded in using “objectivity criterion” for all employees. My attempt to correct her on this fallacy almost cost me my internship. The summary: shortly after the appraisal, 12 employees in the Finance department left the organization – they were trained and certified accountants. She almost lost her job though. Why? Because the thresholds and parameters for managing sales performance are not the same as managing finance.

Today, it is common to see such occurring. Ideally, I support performance appraisal but if it must be done, it should be done in fairness, and must be timely. In fact, HR managers have to work with the immediate supervisor(s) of the employee to give the review. I do believe that HR role should be rather reactive than proactive – you may argue this. In my sojourn in this discipline, I found that HR doesn’t really have any deep insight as to how an employee perform their works – it is usually the immediate supervisor and peers who are in custody of this knowledge.  So how can HR wake up one morning and appraise an employee for all the works he or she did in the course of the year? That argument is lost and it even shows the various inefficiencies in handling performance appraisal.

Aside the reviewer being a problem which many experts have pointed out, another major problem I have found (having done this in four different situations) is that many managers use objective criterions to appraise an employee who ought to have been appraised by subjective criterions, and vice-versa; or even use them together. In fact, the very mistake my HR Manager made which saw 12 competent employees leave the company.

In my own human resource literature, giving performance appraisal is designed to help you improve, so taking the traditional process completely out will not happen now or soon. The only thing we see is that new technologies are being used to aid the process – the key is still “getting it right”,  and this can only be achieved through a some factors such as re-educating and re-investing in the managers.

I do believe that the onus before HR is to work hand in hand with supervisors or develop a system that will allow supervisors and managers to be able to give a feedback on an employee after each task or work performed. HR can then, use these information to make judgement rather than this one on one sitting at the end of the year. Either-way, I do know for sure that traditional approach will be around for a little longer but what matters is ensuring that the feedback is proactive and allows for development not just criticism.

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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HOPE Consortium and Astral Aviation Sign MOU to Enhance Vaccine Distribution Solutions in Africa

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As part of its continued commitment to vaccine distribution in Africa, the HOPE Consortium has partnered with Kenya-based cargo airline, Astral Aviation, to offer vaccine distribution solutions to Africa. This highlights the HOPE Consortium’s efforts in reinforcing partnerships that focus on fighting the COVID-19 global pandemic, as well as fulfilling the organisation’s mission as a global logistics facilitator, by aiding in vaccine delivery.

As part of the partnership agreement, both entities will focus on intra-African cooperation to enhance vaccine distribution within the African continent. The HOPE Consortium will utilise Astral Aviation’s comprehensive network, technologies, and market expertise, to support its global objective of facilitating vaccine availability with a specific emphasis on the African continent. The alliance will ensure timely delivery of vaccines and critical supplies to all 54 African nations.

Astral Aviation operates a diverse fleet of 14 freighter aircraft and provides innovative, flexible, and cost-effective UAV (Unmanned Aerial Vehicle) and UAS (Unmanned Aerial Systems) integrated drone-based solutions, as well as warehousing solutions to both in-store and remote locations.

This synergetic collaboration with the HOPE Consortium will see Astral Aviation provide capacity for vaccine deliveries on its scheduled and charter freighter network, in addition to world-class drone solutions and systems to Africa, with the purpose of facilitating immunisation programmes.

Commenting on the partnership, Mr. Sanjeev Gadhia, CEO of Astral Aviation said: “We are truly honoured to partner with the HOPE Consortium and participate in the critical distribution of COVID-19 vaccines, based on our track record in performing humanitarian initiatives and vaccine flights within Africa. Astral will add further technological and warehousing solutions for distribution of the COVID-19 vaccines from the hub in Abu Dhabi, to all the 54 countries in Africa directly or via its Nairobi Hub, which occupies 9000 m2 of cold-storage facilities.”

It is worth mentioning that Astral has also been selected by UNICEF to perform vaccine flights for COVAX and for the African Union via the African Medical Supplies Platform.

Through this partnership, the HOPE Consortium furthers its end-to-end supply chains required to distribute vaccines from their base in Abu Dhabi to all African countries. The HOPE Consortium has geared its operations to transport millions of critical COVID-19 vaccines to any country in need and thus far has handled over 100 million vaccine doses across 40 countries.

Robert Sutton, Head of Logistics Cluster, Abu Dhabi Ports, said: “Africa has always been a high priority market for the HOPE Consortium, and to that end, we are pleased to join hands with Astral Aviation. With a track record of operating over 20 years within Africa, their expertise provides a new dimension towards achieving our overarching objectives. This partnership reinforces the HOPE Consortium’s aim of creating a sustainable ecosystem, based on our collective global networks, logistics and supply chain capabilities, in order to facilitate vaccine distribution across the world. Our partnership with Astral Aviation is another benchmark towards our commitment to serve every country, region, and locale. We are confident that this partnership will help enhance HOPE Consortium’s efforts in Africa and ensure that no one is left behind in the quest against the pandemic.”

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Konga Partners NIDCOM, Places World-Class Assets at Reach of Nigerians in Diaspora

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Konga, Nigeria’s leading composite e-commerce giant, has signed a partnership with the Federal Government through the Diaspora Commission to further strengthen the relationship between Nigerians abroad, their relatives and the nation.

To this effect, a Memorandum of Understanding was signed between Konga and the Nigerians in Diaspora Commission (NIDCOM) on Tuesday, September 14, 2021, in Abuja, the Federal Capital Territory (FCT).

Present at the signing ceremony was the Chairman/Chief Executive Officer, NIDCOM, Mrs. Abike Dabiri-Erewa; Chairman, Zinox Group, Leo Stan Ekeh, Co-CEO, Konga Group, Nick Imudia; Vice President, KongaPay, Isa Aliyushata as well as other senior officials of NIDCOM.

The terms of the MoU will see NIDCOM partner with Konga is offering Nigerians based in overseas locations a credible platform devoid of the potential concerns of fraud and other unscrupulous practices. Consequently, through this synergy, Konga will place its huge resources, extensive reach, world-class assets and credible database at the disposal of millions of Nigerians in the Diaspora in search of a reliable and robust platform to work within the country.

In addition, the partnership will see Konga set up an exclusive Diaspora Marketplace to aid Nigerians abroad gain access to quality Nigerian products and services, while also helping them sell their own items locally. Furthermore, NIDCOM will also leverage Konga TV, a cutting-edge Cloud TV soon to be launched by the e-commerce giant, to reach millions of Nigerians across the globe.

The development is one which the FG believes will ease capital flight, while also boosting the scope of useful foreign exchange earnings through Diaspora returns.

‘‘We are delighted to have signed this partnership with Konga which remains unarguably a world recognized and credible e-commerce leader in Nigeria,’’ disclosed Hon Mrs. Abike Erewa, NIDCOM Executive Chairman. ‘‘Through this initiative, millions of Nigerians will have access to a reliable platform here in Nigeria to guide their investment decisions, while also offering them a chance to empower their loved ones through the numerous opportunities that abound on KongaGroup. We are also confident that this partnership will encourage many Nigerians resident abroad to gain useful knowledge and consider major social investments in Nigeria, a development that will further rub off positively on the economy.”

Also speaking at the event, Ekeh, Chairman of Konga commended the NIDCOM Chairman and her team for their efforts and professionalism in making the partnership a reality. Ekeh, who pioneered e-commerce in Africa through the now-defunct BuyRight Africa Dotcom over 13 years ago, lauded the power of e-commerce in bridging gaps and growing the wealth of nations in the 21stCentury, a role he stated that Konga is eminently positioned to play in view of its huge resources and growth trajectory in Nigeria and beyond. He added that the partnership is expected to cause a change that would be a blessing to Nigerians in the 21st century.

On his part, Imudia, Co-CEO, Konga Group also stressed the many opportunities that abound for Nigerians in the Diaspora through the partnership with NIDCOM.

‘‘The opportunities are huge.

‘‘Many Nigerians abroad can now find credible merchants for their purchases in Nigeria or even set up their own stores on Konga. Also, they can access reliable information before committing funds or while making investment decisions. With Konga, Nigerians abroad can afford to extend support to relatives and their respective communities without stories.

‘‘Put simply, Nigerians abroad can order foodstuffs, medicines, and other products on Konga platforms and get them delivered to their families and friends without stories, no matter the location in Nigeria. All they need do is open a wallet on KongaPay, a Central Bank of Nigeria fully licensed mobile money platform. They can also use the Konga platform to pay school fees, monthly feeding allowances and pay contractors working for them in Nigeria, etc. and receive alerts that their instructions have been carried out with 100% accuracy.’’

The partnership with NIDCOM comes just as Konga recently signed off on another partnership with the Ministry of Youths and Sports Development to empower millions of Nigerians youths through a job and wealth creation scheme known as Konga Jobs (KJ). The initiative targets the employed, under-employed and unemployed Nigerians. Konga also recently entered a strategic partnership with the Edo State Government to launch the Edo Marketplace(EMP) on Konga as a major platform to take SMEs in the state to the global marketplace and to better serve the unreached and under-reached.

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Tanzania Investment Center (TIC) Records 235 New Projects in 2021

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Tanzania Investment Center (TIC), has registered a total of 235 projects during the current fiscal year, up from 219 projects registered in the correspondent period last year. Director of Information Services and Chief Government Spokesperson, Mr. Gerson Msigwa said on Sunday noting that despite the COVID-19 Pandemic there has been a conducive investment climate.

According to him, between March to August this year TIC has registered a total of 133 of projects which are expected to create 29,709 employment by the time it is completed. “This is an increase compared to the last year where during this period TIC registered about 105 projects and created 8,252 employments,” he said.

Mr. Msigwa said that according to United Nations Conference on Trade and Development (UNCTAD 2020) World Investment Report,Tanzania received an investment of 1bn US Dollars which is equivalent to 1,235tr/- that has made Tanzania the leading source of valuable investment in East Africa.

Explaining further, He noted that the value of investment invested according to TIC, from March to August is 2,98 bn US Dollars approximately to 7 tr/- compared to the correspondent period last year in which the investment was 510 million US Dollars.

“So during this period the investment has increased significantly, this year’s investment is huge compared to the previous investment,” he said.

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