IoD Nigeria holds Council and EXCO 2020 Strategic Retreat

 

The Governing Council and Executive Committee of IoD Nigeria held a Strategic Retreat on Friday, 27th February to 1st March, 2020 at the Jubilee Chalets, Epe, Lagos State. The theme of the Retreat was “IoD Nigeria: Repositioning for Continued Relevance.”

 

The Keynote Speaker and Facilitator at the event was Dr. Adedoyin Salami, M.IoD, Chairman, Economic Advisory Council of the Federal Government, while   the Guest Speaker was Dr. Andrew Nevin, Advisory Partner and Chief Economist at PwC Nigeria, who took the retreat  through the recent innovative developments in the world of Information Technology and how they impact businesses, economies and the Institute of Directors as a whole.

 

In the opening address by the President & Chairman of Governing Council of the Institute, Chief Chris O. Okunowo, F.IoD, he appreciated the good turnout of the leadership of the Institute and expressed confidence that Institute would be the better for it after the three-day exercise.

 

Going further, he noted that the 2020 Strategic Retreat was a continuation of a culture started about four years ago when the Council and Executive Committee of the Institute went on a 3-day Strategic Retreat with the theme “Project 3Rs – Re-engineer, Re-energise & Re-position.”  He added that this continued in 2019, when the Council and EXCO met at the same venue to appraise its performance and chart a new course during the Retreat with the theme, “Repositioning IoD Nigeria for The Next Level”.

 

He observed that the 2019 Retreat reviewed the implementation of the 4-point resolutions of the 2016 Retreat, which included the following areas:

*Develop a Governance Charter for IoD

*Upgrade Capacity of the Secretariat

* Develop Standard Operating Procedures [SOPs] for key operations

* Enrich members’ value proposition

 

He opined that four years down the line, the Governing Council had deemed it necessary to do an overhaul of the implementation of strategic decisions of 2016 and the review carried out during the 2019 Strategy session. He stated that this was the reason the theme of this year’s retreat was focusing on repositioning the Institute for continued relevance, given the challenges of an ever-dynamic business environment.

 

He enjoined the retreat attendees and all members of the Institute to not lose sight of the fact that very soon - before the end of the second quarter of this year, the Institute would attain a Charter status, while adding that the new status would present new set of challenges. He therefore urged the Institute and members to prepare adequately for this new status by addressing the potential challenges and putting in place measures that would enable the Institute hit the ground running when the time comes.

 

Finally, he thanked the Retreat Planning Committee for the great job done as well as all members of the Institute for the continued sacrifice of their time and resources towards the development of the Institute. He also enjoined the Retreat participants to make the most of the syndicate groups, while noting that recommendations from the various groups was expected to form the crux of the action plans for the Institute in the mid and long terms.

 

Below are some of the pictures taken at the event, and the final report of the Retreat is expected to be made available for consideration for review and approval in the coming weeks.