Nigerian Seminars and Trainings

Search all upcoming seminars, conferences, short management courses and training in Nigeria and around the World

business logo

How to Turn Around an Underperforming Business Five Steps to Breathing New Life into a Difficult Business

By: Tom Associates Training  

Lagos State, Nigeria

25 - 27 Sep, 2019  3 days

Follow Event

  

NGN 125,000

Venue: 5/7 Alade Lawal Street, Off Ikorodu Road, Anthony Village, Lagos.

When an enterprise is in crisis, all kinds of devastating things start to happen to the customers, to the suppliers, to its finances, to the workers, the managers and their families.

But in a "Satisfactory but Underperforming" enterprise the workers and their managers usually don't notice danger.

This course calls attention to signs and management steps to avert crisis before it befalls the business.

Course Contents

Day One

Personal Readiness

  • The 4-Way Test – Market, Money, Product/Service, People.
  • A simple One-Page plan
  • Strong cash flow and fortress balance sheet
  • Manage cost but focus on revenue
  • The team and people empowerment.

Key Value Drivers

  • The few critical levers
  • Value metrics that really matter – sales force, cost, product design, profit
  • The M2P2 Go-Forward plan.

Day Two

Knowing How Much Leverage You Can Handle

  • A little leverage
  • High leverage
  • Sales and profit – cures of woes.

Cost Management Issues

  • Cost cutting no panacea
  • Control elements and processes
  • Obsess with growth and profit
  • Focus – obsess with your core.
  • Cross-selling opportunities
  • Customer traffic.

Day Three

Ideal Organization Structure

  • How the chart should look like for the new plan
  • Roles needed in the chart to achieve plan
  • Types of players to fill top roles.

Create a Culture that Flourishes

  • The simple elements of team, innovation, market and process
  • Values, beliefs and unwritten rules
  • Leading from the front
  • Constant, consistent open house communication
  • Articulate behavioural expectations.

Cautions During a Turnaround

  • Paralysis of analysis
  • Make your mistakes early
  • The timelines for turnarounds
  • The power of momentum.
5/7 Alade Lawal Street, Off Ikorodu Road, Anthony Village, Lagos. Sep 25 - 27 Sep, 2019

Registration: 08:00:am - 08:30:am

Class Session: 09:30:am - 04:00:am

NGN 125,000.00(VAT Inclusive)
(Convert Currency)

Mr Abiodun Toki 08033019120

Discount of 5% to 3-4 participants from same organization. Discount of 10% to 5 or more participants from same organization.
NST PPC Advert
Related Courses
Building Trust and Inspiring Followers Course - Small Behaviours that Create Positive Change Building Trust and Inspiring Followers Course - Small Behaviours that Create Positive Change

3 days, 28 - 30 Oct, 2019 

2019-10-28 12:10:00
Lagos State, Nigeria

Tom Associates Training

This course is relevant mostly when the leadership faces among the followers problems of: Change resistance Lower morale Lack of real effort. Then it's the time the leader must tap into the ...

Report and Proposal Writing/Crucial Communications Course Report and Proposal Writing/Crucial Communications Course

4 days, 28 - 31 Oct, 2019 

2019-10-28 12:10:00
Lagos State, Nigeria

Tom Associates Training

For effectiveness in business communications, this course focuses on making managers to: Become highly skilled in the use of English Language Write memos, letters, reports, proposals excellently by ...

Credit Sales Management and Debt Recovery  Course Credit Sales Management and Debt Recovery Course

3 days, 27 - 29 Nov, 2019 

2019-11-27 12:11:00
State, Nigeria

Tom Associates Training

This course is about increasing cash conversion and reducing credit risk. For many businesses, particularly small and medium enterprises, credit sales can be inevitable, first for survival and second ...

Excellent Written Communications for Public Service Officers Course Excellent Written Communications for Public Service Officers Course

5 days, 02 - 06 Dec, 2019 

2019-12-02 12:12:00
Lagos State, Nigeria

Tom Associates Training

Effective writing in English, the official language, is a powerful tool in the hands of  public service officers. Brilliant officials articulate their thoughts in a clear and concise manner. ...