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lgate-son-isoIn recent times, the Nigerian economy has declined significantly, Companies are downsizing, Oil prices have plummeted, unemployment is on the rise, inflation is soaring, and the Naira has seriously depreciated in value. 

According to Manufacturers Association of Nigeria as at August, 2016, about 272 firms had been forced out of business, 50 of which were manufacturing companies. While some of the affected manufacturers have relocated to neighbouring countries and at least 222 small-scale businesses have closed shops, leading to 180,000 job losses.

Magnified illustration with the word Facts on white background.

The Nigeria Bureau of Statistics also revealed that 4.58 million Nigerians have become jobless since last year, adding 2.6 million to unemployment figures of 1.46 million recorded in the third quarter of 2015 and 518.102 in the fourth quarter of 2015 which implies several companies are closing down.

However with all these facts and figures, I believe as your organisation begins to close operations for 2016, it is expedient that you focus on stringing together your strategy for sustaining transformational growth as well as plan for improved operational performance in the year 2017 and beyond.

business-solutionsOne of the ways to achieve outstanding business growth in the year 2017 is to subject your management system and processes to a test of quality and resilience by seeking and receiving the coveted ISO 9001:2015: an International Standard certification of management systems.

Implementing the management principles enshrined in this standard will help ensure that your organisation continues to make process and operational excellence a corporate culture, while enabling a stronger and more credible brand.

International Standards are strategic tools and guidelines to help your organisation tackle some of the most demanding challenges of modern business. They ensure that business operations are as efficient as possible; they increase productivity and help organisations access new markets. ISO 9001 is one of such

ISO 9001 management system standard provides a model to follow when setting up and operating a quality management system. Like all other standards, it is the result years of consensus studies by international experts, applicable to to any organisation, large or small, whatever the product or service and regardless of the sector of activity.

Some benefits of implementing an effective management system include: more efficient use of resources; improved risk management; and increased customer satisfaction – serving as strong leverages for thriving in 2017.

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Leitung gate Limited offers free presentations to SME organisations on the work framework for ISO 9001:2015 certification. Your organisation can be positioned to exploit the opportunities in 2017 by taking the first step to achieve certification – Ask to speak to a Leitung Gate Consultant!

Olokunde, Olanrewaju

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