CODE Holds Management Retreat to Enhance Corporate Vision
During its management retreat, CODE made deliberations and endorsed new policies to improve its internal structures and strengthen corporate vision.
The exercise, which held on Friday, May 21, 2021 during a four-day management and trustees meeting also witnessed the amendment and ratification of other relevant policies to realign with the mission of the organisation.
The assessment was conducted by the Lagos Business School (LBS), scrutinised the organisational structure including the relationship between the management and board members and reviewed corporate governance gaps and financial crisis that rocked the organisation in 2019, coupled with the impact of the Coronavirus (COVID-19) pandemic that shutdown many socio-economic activity globally in 2020.
Papers were presented on the state and strategic plan of the organisation as well as the 21st century role of non-profit board of trustees and management towards organisational efficiency, productivity and social impact.
Chief Executive Officer (CEO) of CODE, Hamzat Lawal, while shedding light on some of these challenges that made his corporation to adopt the new policy, said the report revealed that there was need to reposition the corporate outlook of his establishment. “As much as we were excited about our work and we thought everything was fine,” Lawal said, “but that assessment and some of its key findings showed that we needed to fix some things if we have to scale-up and grow in our next phase.”
The group’s helmsman disclosed that the summit was organised to bring the management staffs and board members together to bond and brainstorm on how best to direct affairs of the organisation. He told the participants that the many setbacks that CODE faced in the past few years actually fortified and took the organisation to its current height of success and fulfilment.
“In 2019,” according to him, “we encountered serious governance issues and at that time for us we thought that would have been the end of our organisation because we were not operating with best practices.”
However, he clarified that with support from the LBS and commitment from board members who worked tirelessly in reshaping the organisational corporate policies, CODE was able to come back stronger with one of the best financial systems across the continent.
Acting chairman of the organisation, Anthony Agbor, while giving his remarks at the event, thanked the participants for their loyalty and commitment in engaging grass roots communities especially during the COVID-19 saga that almost crippled all human activities.
He urged the team to maintain its focus knowing that the future of Nigeria and the continent rest on the activities of the organisation. “We should not relent in our commitment to reach out to the grass roots and empower them to see reasons to rebuild the focus of this country and get us back on the part of glory,” Agbor submitted.