A Retirement Savings Account (RSA) is a Defined Contribution Plan required under the Pensions Reform Act 2014. It can be opened by every employee in an organization with 3 staff or more. This training works you through the entire process of a retirement saving account, with no stones unturned.

Features/Outlines

• Mandatory: Every employer employing more than 5 employees is mandated by law to open RSA for all employees with a PFA.
• Contributory: Means both the employer and employee will make monthly contributions into the RSA.
• Fully funded: The monthly contributions guarantee that the RSA remain fully funded to meet the liquidity needs at retirement.
• Access to funds begins at 50 years or subject to terms and conditions of service. The contributor has a choice of either a Programmed Withdrawal or Annuity option to receive his/her pension.
• Strictly supervised and regulated by a regulator that has the power of granting licenses and enforcing compliance with PRA 2014.
• Quarterly Statement of Account.

Who Will It Benefit?

All Employees, Professionals, Employers of labor, Administrators, Directors, and Ceo’s.

Date
9th May 2023 - 11th May 2023

This workshop training is tailored towards all employees approaching retirement shortly, or in a few years’ time; they will confront real economic issues after their years of employment in their respective organizations. The course shows that retiring from corporate employment needs not become a calamity. It also introduces participants to post-retirement Entrepreneurship, as they are taken through an orientation of “entrepreneurial personality” which, rather than being characterized by a propensity for risk taking, will among other things focus on one thing – “opportunities maximization.”  

Delegates will learn a number of entrepreneurial logics and be made to dig deep into ideas - underlying a product or service they could think of venturing into, prepare such ideas, getting started, and keeping it going with commitment.

Learning Outcomes

The workshop will also give the participants ways to:

• Identify their talents and personal capabilities that they can utilize elsewhere
• Restructure their lives
• Implement a successful financial life plan
• Invest wisely 
• If desired, start and run own business and become successful entrepreneurs
• Where needed, get new satisfying employment.

Course Outline       

General Retirement Orientation

• State of the economy and prospects faced in retirement
• Coping with severance from corporate employment
• Choice of what to do next.

Investments

• Types of investments currently available in Nigeria
• Guidelines and advice on selecting investment types.

Can You Run Your Own Business?

• Planning a new business
• Business development process.

Entrepreneurship

• A random walk through simple businesses suitable for retirees
• The disciplines for business success
• Preparation of a business plan
• Legal requirements for business.

Nurturing a Business for Profitability

• Structure for a retiree’s business
• Marketing knowledge and selling skills to propagate the business
• Attention to the financial health of the business – capital and cash flow.
• How to Choose an Entrepreneurial Endeavour to Pursue
• The courage to take the leap.

Financial Information

• Capital for the business - the seed money to get started
• A sample Business Cash Flow Projection
• A sample Profit & Loss Account. 

Business Strategy 

• The art of positioning the business
• How to monitor trends to shape the business to success
• A sample business model
• How to grow the business – making the business prosper.

Selling and Marketing

• A sample sales plan 
• How to reach the potential customers
• Promoting the business – publicity, website advertisements, mobile advertisements, other media.

The Product/Service Pricing Principles 

• Pricing a highly differentiated product/service
• Pricing an undifferentiated product/service
• Pricing a “Must Have” product/service
• Pricing a “Substitutable” product/service.

The Retiree’s Job Description as a Business Owner 

• Managing time as a business owner
• Decision making 
• Decision implementation 
• Delegation
• Managing meetings 
• Paper work.

Finding the Right People

• The art of recruiting
• Productivity culture
• Quality and safety culture.

Keeping the Company Legal

• How to go about a Partnership business, if one is being considered
• How to become a Merchant, if trading is being considered
• How to start a Production business, if manufacturing is being considered
• How to start a Service business, if service is being considered.

Locating the Business - the considerations.

Investment Guides

Investment specialists will be brought in to give investment orientation, current opportunities and guides to the participants. 

Health and Leisure

• Ageing gracefully.
• Balancing work and health.
• Health guideposts.

Who Should Attend

• We recommend that employees attend this workshop programme at least three years prior to retirement. By so doing, they are afforded the luxury of time to do everything necessary in good time.
• It’s essential that female employees or the partners of male employees attend before their  pension age even if they intend to work past this age.
• If they don’t, they risk losing lots of money to  pension by failing to have paid sufficient national insurance contributions.
• We do urge employers to allow partners, other family members or a friend to accompany the retiree. This is because retirement will affect all those they interact with. Whether family or friends, our pre-retirement workshop course has various topics that will interest everyone.

Date
18th April 2023 - 20th April 2023

Both leadership and management in the 21st Century are becoming increasingly more complex. Typically, organizations in both the public and private sectors are facing changes driven by political, economic, sociological, technological, legal and environmental issues.

In order to successfully meet these challenges organizations, need to ensure that their leaders and managers at all levels have a comprehensive understanding of their roles, goals and required competencies. This Leadership and Management Skills training course is focused on meeting this requirement.

Course objectives

You will learn about:

• The range of 21st Century competencies
• The need to think strategically
• The principles of managing change
• How to approach and solve problems creatively
• Critical aspects of teamwork
• The process of motivating yourself and others
• Methods for managing conflict
• Techniques for dealing with difficult staff
• Enhance trust, communicate honestly, and establish a positive climate
• Champion change in the contemporary workplace
• Navigate multi-generational and diverse teams
• Build bridges of understanding in chaotic environments

Course outlines

• Introducing
• Identifying key 21st Century leadership challenges
• The focus of great leadership
• Assessing Your Readiness for 21st Century Leadership
• Choosing a new identity
• Revisiting your personal leadership identity
• Challenging your assumptions and perceptions
• Reaching your maximum potential
• Evaluating your scope for growth
• Raising the bar for yourself and others
• Creating Engagement in the Contemporary Workplace
• Creating a positive team dynamic
• Being transparent, open and honest
• Expanding your thinking from your head to your heart
• Moving decision making nearer to the action
• Sharing power through a distributed leadership model
• Building high employee engagement
• Identifying and utilizing drivers for engagement
• Leading rather than managing behaviors
• Overcoming barriers to commitment
• Instilling excellence through learning, sharing and growing
• Creating a Climate of Trust in the Digital Age
• Breaking through technology filters
• Recognizing the limitations of digital communications
• Creating a higher level of openness to counter digital limits
• Re-establishing human-to-human connectivity
• Prioritizing relationship building and collaboration
• Restoring trust in a low-trust climate
• Countering the damaging effects of technology
• Proactively leading through trust
• Championing Change in a VUCA (Volatile/Uncertain/Complex/Ambiguous) World
• Pushing beyond the comfort zone of outdated leadership models
• Moving your organization into unchartered territory
• Inviting diverse perspectives to create commitment to change
• Broadening options for leading change and supporting people
• Making judgment calls that move beyond data and leveraging intuition
• Managing the tension that dilemmas create
• Navigating Multi-Generational and Diverse Teams
• Leveraging diversity to foster growth, strength and innovation
• Developing a global mindset to bridge cultural differences
• Building successful relationships across differences in style, culture and generation
• Structuring team interactions
• Embracing multi-disciplinary teams
• Exposing biases, assumptions and blind spots
• Creating purposeful teams
• Nurturing a diverse and inclusive workplace
• Building Bridges to the New VUCA (Vision/Understanding/Clarity/Agility)
• Responding to VUCA through adaptive leadership
• Communicating clearly with specific intent
• Gaining fresh perspectives and staying flexible
• Seeking the right solutions through the right questions
• Applying a new mindset to lead in turbulent times
• Practicing mindfulness for calmness and clarity
• Demonstrating social intelligence
• Learning from chaos, setbacks and successes
• Powering Up for 21st Century leadership
• Assessing your new leadership competence
• Identifying what you’ve learned and still need to learn
• Crafting your leadership Effectiveness blueprint
• Mapping your leadership journey
• Balancing between producing and leading
• Creating a legacy of excellence

Who should attend?

Managers, business professionals, and individuals who have decided to master the tools and tactics of adaptive leadership in a world where change has become the only constant.

Methodology

This course features the use of interactive exercises in order to allow participants to develop strategies that will help them improve their competencies in adaptive leadership. The course also relies on the analysis of case studies and real-life examples from the business world.

ACCOMMODATION:

This Conference is non-residential. Participants are to lodge in hotels of their choice near the conference centre. A list of these Hotels will be provided on request.

Date
4th April 2023 - 7th April 2023