Sunday, November 1, 2020 / 1:13 PM / Ayomide
Oguntoye for WebTV /
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Business and corporate
leaders recently agreed that integrity is not an act, but a journey on how
people conduct themselves overtime as individuals, leaders, and business
managers. This was one of the key takeaways from the 8th Annual Christopher Kolade Lecture on Business Integrity organized by the
Convention on Business Integrity (CBi).
which had as its theme "Business Resilience: The Role of Integrity & If It
Matters During a Crisis" addressed the need to redefine values in becoming
better people as individuals, organizations, and as a nation.
Apampa, CEO of the CBi, in his opening remarks, recounted the recent happenings
witnessed in the world and in Nigeria and most importantly the effect it has
had on social and economic life in the country.
He said that
the COVID-19 pandemic brought the world to a standstill for a few months, and
dealt a huge blow to individuals and businesses globally.
further he alluded to the fact that businesses and corporations globally have
been impacted in varying degrees, some have collapsed under the burden of the
huge costs incurred during the lockdown, most economies have been negatively
affected, while some have had to re-strategize and seek for alternatives to
is still trying to come to terms with the economic consequences of the shut
down for months due to the pandemic, a new twist has been added with a
nationwide #EndSARS movement, led by youths demanding for an end to police
brutality and bad governance," he said.
Apampa raised concern over
the fact that people have become more vulnerable and to an extent, systems and
institutions might have been compromised. The CBi Nigeria CEO posed the
question; "in times like this, how can values and business integrity be
statesman, Dr. Christopher Kolade, in a keynote address admitted that integrity
should be a lifestyle and as such be practiced with personal commitment.
added that the position of leadership also requires a life of integrity and in
the context of business resilience. He believed that integrity can be challenging
in times like this and unless it becomes a way of life, people cannot be led
towards targeted social goals.
the subject, the keynote speaker, Dr. David McClean, Principal Partner, David
E. McClean & Associates, emphasized that honesty and transparency matter
for individuals and businesses.
that integrity was held up by three (3) pillars namely; right values,
standards, and discipline.
consequences of a lack of integrity in business will be organizational dearth,
which implies distrust, dishonesty, and a lack of credibility. Ethical rules
will also be jettisoned if there is a breach of organizational integrity" McClean said.
To avoid these,
the speaker said that there is a need to engage in ethical and integrity
discourse in an organization occasionally, such that employees are constantly
conscious of the ethical rules.
He also highlighted
crisis management suggestions which include;
a. Forgiveness of debt
b. Communication with client
c. There should be provision for crisis fund in the
weighed in on the #EndSars movement, suggesting ways to curb police brutality
that covers the following;
a. Avoiding ill-treatment of
b. Ethical training and
education of the Nigerian Police Force to make sound judgment and build good
c. Psychological assessments
d. Regular background checks
on officer's financial health
Awosika, Chairman of First Bank Nigeria, in her remarks stated that integrity
is not momentary but a commitment and a way or standard to deal with situations
at all times. However, she pointed out that crisis in itself can be presented
in many ways; pandemic, recession, and a lot more.
mentioned that waiting until a moment of crisis to define organizational values
will leave an organization with a compromised decision that is based on the
exigencies of the crisis.
"Our values and
integrity are tested by crisis and there is a need to redefine our values in
becoming better persons even as a nation" She added.
stressed that integrity has economic value and our track record of integrity as
a nation will engender trust between the government and the governed.
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to host the 8th Annual Christopher Kolade Lecture on Business Integrity on
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