When was the last time you saw your CEO or vice president shadow the call centre or the factory floor? When was the last time your managing director came up to talk to employees about their needs and pain points in the workplace? The answer for most employees is never. There are employees who never see their executives over an entire career, save on the internal website or the latest organisational chart. The corporate hierarchy today creates executives who focus upwards rather than leaders who focus on building the foundations of their business. In the new digital age, where speed,…

Federal Ministry of Power’s new electricity distribution policy called “Willing Seller, Willing Buyer” was designed to bypass middlemen and sell power directly to consumers, a statement on Wednesday by Aaron Artimas, Special Adviser (Media and Communications) to Minister of Power, has said. Under the differential power distribution policy, electricity will be wheeled directly from generation companies (GenCos) to willing consumers who are ready to fully settle their bills. The willing consumers may include community and commercial clusters, industrial areas and hospitality sectors, the statement said. Speaking on a Freedom Radio phone-in programme in Kano on Tuesday, Minister of Power, Mr…

Larry Page and Sergey Brin, co-founders of Google, have announced they are stepping down from running the online giant's parent company. The pair will leave their respective roles as Alphabet's CEO and president but will remain on the company's board. Google's CEO Sundar Pichai will become Alphabet's CEO too, a statement said. Alphabet was created in 2015 as part of a corporate restructuring of Google, which Mr Page and Mr Brin famously founded in a California garage in 1998. The parent company was intended to make the tech giant's activities "cleaner and more accountable" as it expanded from internet search…

Evidence of tax payment will be a condition for operating a bank account from January, according to the Financial bill passed by the National Assembly. The Bill, submitted to the lawmakers with Budget 2020 by President Muhammadu Buhari, is designed to improve financial operations of the country and streamline the tax regime. It is expected to be signed with the budget before end of the month, to actualise the return to the January – December budget cycle. According to a section of the Bill, banks will require anybody opening an account to provide his Tax Identification Number (TIN) Those who…