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ANNUAL REPORT 2009/2010

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Page 1: lagos business school (lbs)

A N N UA L R E P O R T2009/2010

Page 2: lagos business school (lbs)

Cubistic Landscape, Oil on board. By Muraina Oyelami

(part of the Pan-African University Art Collection)

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CONTENTS

FROM THE VICE CHANCELLOR 2

THE UNIVERSITY

Passing the Baton 3

Institutional Development 3

Physical Development - New Campus Update 4

University Research 4

Personnel 9

Total Number of Students in Degree and Non-degree Programmes 9

University Convocation 10

First Joint Executive Programme Graduation 11

LAGOS BUSINESS SCHOOL (LBS)

Accreditation and Ranking 13

New Programmes 13

Summary of Participation in Programmes 14

Faculty Development 15

Personnel 15

2009 Executive Programmes Graduation 16

Major Events of the LBS Alumni Association 17

Other School Events 19

Notable Guests 20

Service to Other Universities and Institutions 21

Student-Led Activities 22

SCHOOL OF MEDIA AND COMMUNICATION (SMC)

New Programmes 23

Summary of Participation in Programmes 24

Faculty Development 24

Personnel 25

Exhibitions 25

Major Events of the SMC Alumni Association 25

Notable Guests 26

Other Service Activities 26

CENTRE FOR ENTERPRISE DEVELOPMENT SERVICES (EDS)

New Programmes 27

Summary of Participation in Programmes 28

The Impact Assessment of the CEM Programme 28

EDS Services 29

SME/ Alumni Conferences 30

Staff Development 30

Personnel 31

EDS Recognitions & Awards 31

Notable Guests 32

PAN-AFRICAN UNIVERSITY ANNUAL REPORT 2010

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his is the first opportunity I have to present a I believe that this report makes it clear how far such

report on the activities of Pan-African University efforts have already yielded mature fruits.T(PAU) to the Governing Council of the University

and all other people who have an interest in it. It was During the session 2009/10 the academic staff of Pan-

only on the 31st of December 2009 that Prof. Albert African University produced 90 publications in which

Alos retired as Vice-Chancellor of the University, and I the results of their research efforts are reported. The

took over from him. Indeed, many of the achievements significance of this result can be better understood by

described in this report took place while he was still the comparing it both to the achievement in this area

Vice-Chancellor, and almost all of them are the result of during the previous period (almost a three hundred per

initiatives set in motion while he was still in office. cent increase) and to the number of the permanent

academic staff of the University (only 31, of whom 11

I am happy to announce that, on a proposal from are still doing their doctorates).

Senate, the Governing Council of the University has

named Professor Alos the first Professor Emeritus in I would also like to draw attention to the fact that a

the history of PAU. This thus honours his long and large proportion of these publications have been

distinguished academic career as well as his published in high-prestige international outlets.

extraordinary role in the creation and development of

the University. I feel confident that these good results will not be a

flash in the pan. The research productivity of the

Many accomplishments are listed in this report, but I University has been growing steadily year after year

would like to highlight especially the very significant and as more members of staff complete their

progress the University has made in the area of doctorates and new research programmes are

research. Almost from the moment of its foundation, launched, there are good reasons to expect that the

Pan-African University—and the Lagos Business School number of publications by our staff will continue to

before it—has been recognized for the excellence of its grow.

teaching. However, we do not intend to be only an

excellent “teaching university” and for several years we

have been making special efforts to increase the tempo

and scope of our research efforts. Professor Juan M. Elegido

Vice-Chancellor

“...I would like to highlight

especially the very

significant progress the

University has made in the

area of research....”

2 FROM THE VICE CHANCELLOR

PAN-AFRICAN UNIVERSITY ANNUAL REPORT 2010

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PAN-AFRICAN UNIVERSITY ANNUAL REPORT 2010

PASSING THE BATON

2009 witnessed three very significant transitions in the

University's administration. In March 2009, Chief Olu

Akinkugbe CON, at the end of his tenure as Pro-

Chancellor and Chairman of Governing Council of Pan-

African University, resigned his appointment.

In his place the Board of Trustees of African

Development Foundation (ADF) – which owns Pan-

African University – appointed Dr. Christopher Kolade

CON as the new Pro-Chancellor and Chairman of

Governing Council.

Prof. Elegido has now become the second Vice-

Chancellor of Pan-African University. The new Vice-

Chancellor is also a professor of Business Ethics at the

Lagos Business School, the graduate business school of

the University. He has a doctorate in Law from the

Universidad de Navarra (Spain). He was one of the

foundation members of staff of the Lagos Business

School in 1991 and served as Dean of the LBS from

2005 to 2009.

In February 2009, Prof. Pat Utomi resigned from the

Governing Council and Dr. Enase Okonedo was

appointed to the Governing Council in May 2009. There

were also two new appointments to the University

Management Council – that of Dr. Okonedo in July 2009 In June 2009, the Dean of the Lagos Business School and Mr. Chidi Awagu in November 2009.(LBS), Prof. Juan Manuel Elegido became the Deputy

Vice-Chancellor. In his place, another long time

member of the LBS staff, Dr. Enase Okonedo became

the Dean of LBS.

On the 31st of December 2009, Prof. Albert Alos

resigned his appointment as Vice-Chancellor. His

voluntary resignation was accepted by the Board of

Trustees of ADF. Prof. Alos' leadership had spanned 17

years first as the Director-General of Lagos Business

School, then as Dean of the School and finally as Vice-

Chancellor of the University.

THE UNIVERSITY

Dr. Christopher Kolade CON, current Pro-Chancellor

l-r Chief Olu Akinkugbe CON, former Pro-Chancellor;

Prof. Albert Alos, former Vice-Chancellor

INSTITUTIONAL DEVELOPMENT

The University has now created a Department of

University Development. This unit will be responsible

for the major fundraising efforts of the University. The

department is headed by Mr. Gabriel Diejomaoh who

was named director. Prior to his appointment, Mr.

Diejomaoh served as Director of Development at Lagos

Business School.

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PAN-AFRICAN UNIVERSITY ANNUAL REPORT 2010

As previously announced, the physical master plan has Effective possession of the new campus in Ibeju-Lekki

since been approved by the University's Governing was accomplished following payment of compensation

Council. It envisages a university campus with flexible to the traditional owners of the land. Following this,

and adaptable buildings and will also facilitate social contractors have begun fencing the campus and

interaction and foster the integration of academic clearing the areas in which there will be immediate

facilities to promote interdisciplinary learning. construction. Bids for the construction of the first

academic complex are currently being received.

The first stage of development will begin with a School

of Media and Communication and a School of

Management. The 10,000 sq m block which will be the

first to be constructed has been designed as an

academic complex.

LAUNCH OF NEW CENTRE

A new centre at Lagos Business School focusing on the

research and teaching of corporate social responsibility

(CSR), corporate governance, work-family balance,

business ethics and other issues related to CSR was

launched on 14th April, 2010. The take-off of the Centre

is being made possible by a five year grant from Etisalat

Nigeria Ltd. This is an important opportunity for LBS to

strengthen its research and teaching in fields allied to

CSR, areas in which it is already well known for its

research and teaching. The centre to be known as the

Etisalat Centre for Corporate Social Responsibility is

headed by its Director, Mr. Chris Ogbechie, a member

of the LBS faculty.

UNIVERSITY RESEARCH

PHYSICAL DEVELOPMENT – NEW CAMPUS UPDATE

4 THE UNIVERSITY

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5

PAN-AFRICAN UNIVERSITY ANNUAL REPORT 2010

PUBLICATIONS BY MEMBERS OF FACULTY OF PAN-AFRICAN UNIVERSITY 2009/10

THE UNIVERSITY

JOURNAL ARTICLES Tsaaior J. T. (2009). African culture and the politics of globalization.

Journal of Black and African Arts and Civilization . Vol. 4, 1-13.

Ajai O. O. (2009). Corporate governance, reporting corporate Tsaaior J. T. (2009). Geo-spatial politics and the trope of migration in financial information and audit committees: a review of nigerian Tayeb Salih's Season of Migration to the North. Journal of North and comparative law. International Journal of Comparative African Studies, Vol.14, No.2, 09), 221-234. Corporate Law.

Adegbesan J. A., & Higgins M. J. (2010). The intra-alliance division of Adegbesan J. A. (2009). On the origins of competitive advantage:

value created through collaboration. Strategic Management strategic factor markets and heterogeneous resource

Journal, 31: Accepted.complementarity. Academy of Management Review Vol. 34.3: 463-

475.

Ovadje F. (2010). Exploring turnover among managers in a non-Ajogwu F. I. (2009). Enhancing board effectiveness through western context. International Journal of Business Research. committees. The Journal of Corporate Governance, Vol. 1 No. 1, 1- Accepted.16.

Owolabi A.A. (2010). Corruption and accounting/auditing Ajogwu F. I. (2009). The role of the chairman of the board. The environment - the African perspective. international journal of Journal of Corporate Governance, Vol. 1 No. 1, 49-58. critical accounting. Forthcoming.

Elegido J. M. (2009). The just price: three insights from the Owolabi A.A., & Ogbechie C. (2010). Audit committee reports and

Salamanca School. Journal of Business Ethics 90.corporate governance in Nigeria. International Journal of Critical

Accounting Vol. 2 No. 1, 64-78.Elegido J. M. (2009). Business education and erosion of character.

African Journal of Business Ethics Vol. 4, No. 1.Tongo C. I. (2010). Dynamic programming and the deployment of a

crime preventive patrol force. European Journal of Social Sciences, Epie C. (2009). Managing time-based conflict across life domains in Vol. 15, No. 3, 354-364.Nigeria - a decision-making perspective. Ife PsychologIA, Vol 17 No.

1, 2009, 194-216.Tsaaior J. T. (2010). A city within a city: the harlem renaissance and

Muogboh, O., & Ovadje F. (2009). Exploring the motivation to stay the flowering of african american literary experience and culture.

and to perform among managers in Nigeria. International Journal of World Literature and English in Africa. 39-48.

Business Research.

Tsaaior J.T. (2010). The post-afrocentric vision in Chinua Achebe's Ogbechie C., Koufopoulos D. N. & Argyropoulou M. (2009). Board Things Fall Apart. Lagos Review of English Studies Vol. 16, No. 3, 36-characteristics and involvement in strategic decision making - the 58.Nigerian perspective. Journal of Management Research News, vol.

32, no. 2, 169-184. Tsaaior J.T. (2010). Webbed words, masked meanings: proverbiality

and narrative/discursive strategies in D.T. Niane's Sundiata: An Epic Owolabi A. A. (2009). Environmental disclosures in annual reports:

of Old Mali. Proverbium: Yearbook of International Proverb the nigerian perspective. Economia Aziendale Online, 1/2009, ISSN

Scholarship. Vol. 27, 319-338.1826-4719. From http://riviste.paviauniversitypress.it

Salami A., & Muogboh O. (2009). A new perspective on the

manufacturing strategy-performance relationship. International Journal of Business Research

Tsaaior J. T. (2009). Folklore, democratic politics and new media

technologies in postcolonial Nigeria. Southern African Journal for

Folklore Studies Vol. 19 (1), 93-108.

Tsaaior J. T. (2009). The private, the public, and the prophetic:

politics of Achebe's art, art of his politics and fifty years of Things Fall

Apart. SAFARA: Revue internationale de langues, littératures et

cultures Nos.7 & 8, 63-82.

Tsaaior J. T. (2009). Oral aesthetics and cultural distillates in Elechi

Amadi's The Concubine. California Linguistics Notes Vol. XXXIV,

No.2, 1-17.

BOOK CHAPTERS

Ajai O.O. (2009). The role of legislation in land use planning. In J. O.

Fabunmi (Ed.), Themes on Jurisprudence and International Law:

Essays in Honour of Prof. A. Ajomo. Ch. 16

Tsaaior J. T. (2009). Gender politics and naming strategies in Tiv oral

narratives. In A. Odebunmi et al. (Eds.), Gender, Language and

Politics. Lagos, Nigeria: CBAAC, 2009.

Tsaaior J. T. (2009). The postcolony and its texts of meanings: Femi

Osofisan's Dramaturgy as paradigm. In T. Akinyemi and T. Falola

(Eds.), Emerging Perspectives on Femi Osofisan. Trenton, New

Jersey: Africa World Press.

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PAN-AFRICAN UNIVERSITY ANNUAL REPORT 2010

Ogbechie, C., & Amaeshi, K. (2010). Nigeria. In Vissee, Wayne and N. Owolabi, A. A. (2009, July). Drivers of Government Financial

Tohurst (Eds.), The World Guide to CSR: A Country-by-Country Accountability in Nigeria. Paper presented at the Second

Analysis of Corporate Sustainability and Responsibility. Accounting & the New Labor Process Symposium (2ndANLPS),

Sheffield,UK: Greenleaf Publishing. Baruch College,City University of New York, USA.

Tsaaior, J. T. (2009, July). War and Postcolonial Resistance in the Owolabi, A.A. (2010). An assessment of the extent of awareness of Poetry of Joe Ushie and Gbanabom Hallowell. Paper presented at environmental issues and protection against environmental costs in the International Conference on “Re-Imagining Postcolonial the Nigerian oil and gas industry. In Maria-Gabriella Baldarelli (Ed.), Futures”, the University of the Western Cape, Cape Town, South Civil Economy, Democracy, Transparency and Social and Africa.Environmental Accounting Research Role - Some Reflections in

Theory and in Practice Deriving From 2nd CSEAR Conference-Italy. Adegbesan, J. A. (2009, August). New Perspectives on Alliance Milan, Italy: McGraw-Hill.Structure and the Allocation of Control Rights. Paper presented at

Academy of Management Conference, Chicago, Il, USA.

Adegbesan, J. A., & Higgins M. J. (2009, August). Target Selection

and Value Appropriation: Role of Board Interlocks in Research-

Intensive Industries. Paper presented at the 69th annual meeting of

the Academy of Management, Chicago, Il, USA.

Ajai, O. O. (2009, February). Corporate Theory of Shareholder Biakolo, E. A. (2009, August). Nollywood and the moral economy of Control: A relic to be destroyed or a pillar to be reformed. Paper (new) media technology. Paper presented at the conference on presented at the International Conference of Corporate Law (ICCL), Journalism and New Media Technologies in Africa: New College of Law, Government & International Studies, Universiti Technologies, New Practices and the Renewal of Media Training in Utara, Malaysia. Africa, Pan-African University, Lagos, Nigeria. Muogboh, O. (2009, May). Exploring the Relationship between Elegido, J. M. (2009, August). The Ethics of Price Discrimination. Manufacturing Competitiveness, Government Policy and Paper presented at the BEN-Africa Annual Conference, Accra, Managerial Competence. Paper presented at International Ghana. Academy of African Business and Development (IAABD)

Conference, Kampala, Uganda. Onobhayedo, P. A. (2009, August). Internet innovations and its

transforming effect on organizational communications genres for Ogbechie, C. (2009, May). Corporate Governance and Board more effectiveness. Paper presented at the conference on Practices in the Nigerian Banking Industry. Paper presented at Journalism and New Media Technologies in Africa: New International Academy of African Business and Development Technologies, New Practices and the Renewal of Media Training in (IAABD) Conference, Kampala, Uganda. Africa, Pan-African University, Lagos, Nigeria.

Salami, A., & Muogboh, O. (2009, May). Exploring the Relationship Tsaaior J. T. (2009, August). (F)acts of (t)error and the limits of media between Manufacturing Competitiveness, Government Policy and practice in postcolonial Nigeria. Paper presented at the conference Managerial Competence. International Academy of African on Journalism and New Media Technologies in Africa: New Business and Development (IAABD) Conference, Kampala, Uganda. Technologies, New Practices and the Renewal of Media Training in

Africa, Pan-African University, Lagos, Nigeria.Tsaaior, J. T. (2009, May). The Exilic as Elixir: Ambiguity of Exile in the

Poetic Imagination of Tanure Ojaide. Paper presented at the 20th Ajai, O. O. (2009, September). Corporate social responsibility: Conference of the Association for the Study of New English emerging duties of directors, officers and shareholders of Literatures (ASNEL) tagged: “Postcolonial Translocations”, companies - a comparative survey of law and political economy. University of Munster, Germany. Paper presented at the International Conference of Convergence of

Corporate Governance Norms, Kolkata, India.Muogboh, O., & Ovadje, F. (2009, June). Exploring the Motivation to

Stay and to Perform Among Managers in Nigeria. Paper presented Ogbechie, C., & Koufopoulos, D. N. (2009, September). Board at International Academy of Business and Economics (IABE) dynamics and effectiveness in the nigerian banking industry. Paper Conference, Athens, Greece. presented at British Academy of Management Conference,

Brighton, UK. Salami, A., & Muogboh, O. (2009, June). A New Perspective on the

Manufacturing Strategy-Performance Relationship. Paper Ovadje, F. (2009, September). Conceptualisation of career success presented at International Academy of Business and Economics among managers in the non-western context of Nigeria. Paper (IABE) Conference, Athens, Greece. presented at British Academy of Management Conference,

Brighton, UK.

CONFERENCE PAPERS

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PAN-AFRICAN UNIVERSITY ANNUAL REPORT 2010

THE UNIVERSITY

Owolabi, A. A. (2009, September). Environmental –rating as an

investment decision. Paper presented at 7th Spanish Conference on Owolabi, A. A. (2010). Corruption and the environment of Social and Environmental Accounting Research (7th Spanish accounting and auditing in Africa. Accepted for presentation at CSEAR), Las Palmas de Gran Canaria, Canary Islands. Accounting and New Labor Conference at Birmingham Business

School, University of Birmingham, UK.

Tsaaior, J. T. (2009, September). Folklore, politics and the

democratic space in postcolonial Nigeria. International Conference

of the Southern African Folklore Society on “Folklore and

Innovation”, Rhodes University, Grahamstown, South Africa.

Adegbesan, J. A., & Higgins, M. J. (2009, October). Target selection

and value appropriation: the role of board interlocks in research-

intensive industries. Paper presented at the 29th Annual

Conference of the Strategic Management Society, Washington DC,

USA.

Ajai, O. O. (2009, November). Corporate social responsibility versus

corporate sustainability responsibility: where does corporate law

stand? Paper presented at the Seventh Annual Colloquium of the

IUCN Academy of Environmental Law, Wuhan, China.

Ajai, O. O. (2009, November). Corporate social responsibility, the

sustainability paradigm and profit/value creation: is corporate law

edging out the shareholder bounty capitalist in favour of the laid

back capitalist? Paper presented at the Corporate Governance

Workshop, Brussels, Belgium.

Epie, C. (2009, November). Strategies for work-family balance and

preferences for work-family policies in the Lagos metropolis. Paper

presented at the 3rd Colloquium of the Network of African Family

Scholars, Nairobi, Kenya.

Biakolo, E. A. (2009). Professionalism in the public sector & skill

development in the knowledge economy. Paper presented at the

Nigerian Economic Development Conference. Abuja, Nigeria.

Bamkole, P. (2009). Translating development challenges into

business opportunities. Paper presented at the Nigerian Economic

Development Conference. Abuja, Nigeria.

David-West, O. (2009). Dimensions of e-banking service quality: a

content analysis. Paper presented at the Manchester Business

School Doctoral Conference, Manchester, UK.

Salami, D. (2009). Challenges and prospects of the Nigerian banking

industry in the season of global financial crisis. Paper presented at

the Nigerian Economic Development Conference. Abuja, Nigeria.

Obiaya, I. (2010, April). Behind the Scenes: the working conditions of

technical workers in the Nigerian film industry. Paper presented at

the European Social Science History Conference, Ghent, Belgium.

Elegido, J. M. (2010, August). Does it make sense to be a loyal

employee? Paper presented in the 2010 Conference of the Business

Ethics Network of Africa (BEN-Africa), Nairobi, Kenya.

CASE STUDIES

Ajai, O. O. (2009). Shell and the Niger Delta: in and out of Ogoni land.

(ECCH 209-030-1). Lagos, Nigeria: Lagos Business School.

Anyakora, C. (2009). DMG mobile toilets. Lagos, Nigeria: Lagos

Business School.

Anyakora, C. (2009). Healthplus pharmacy. Lagos, Nigeria: Lagos

Business School.

Anyakora, C. (2009). Sokoa chair centre. Lagos, Nigeria: Lagos

Business School.

David-West, O. (2009). Whispering palms: the growth years. Lagos,

Nigeria: Lagos Business School.

David-West, O. (2009). Information systems planning at Vitafoam

PLC. (ECCH 909-011-1). Lagos, Nigeria: Lagos Business School.

Elegido, J. M. (2009). Manhunt2: killing for kicks. Lagos, Nigeria:

Lagos Business School.

Epie, C. (2009). Hard choice: a job or a baby. (ECCH 409-064-1).

Lagos, Nigeria: Lagos Business School

Ovadje, F. (2009). Dora Akunyili at NAFDAC: The challenge of

changing a government agency. Lagos, Nigeria: Lagos Business

School.

Owolabi, A. (2009). Gbegilere the sculptor. Lagos, Nigeria: Lagos

Business School.

Adeleye, I. (2010). Obama's Nobel peace prize: a 'reward' gone

awry. (ECCH 410-043-1). Lagos, Nigeria: Lagos Business School.

Adeleye, I. (2010). Risk management and reward systems - CIPMN

Journal. Lagos, Nigeria: Lagos Business School.

Adeleye, I. (2010). Sterling bank - the one-customer bank. Lagos,

Nigeria: Lagos Business School.

Adeleye, I., Ogbechie, C., & Amaeshi, K. (2010). Humanistic

management education in Africa. Lagos, Nigeria: Lagos Business

School.

Ajai, O. O. (2010). Nigerian capital market meltdown: regulatory

incompetence or boom-bust cycle? (ECCH 210-009-1). Lagos,

Nigeria: Lagos Business School.

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PAN-AFRICAN UNIVERSITY ANNUAL REPORT 2010

TECHNICAL NOTES

Ajai, O. O. (2010). Shell and the Niger Delta: in and out of Ogoni land

(ECCH 209-030-8). Lagos, Nigeria: Lagos Business School.

Adegbesan, J. A. (2009).The offshoring of high-value services and

the globalisation of capability sourcing. (SMN-670-E). Barcelona:

Center for Globalisation and Strategy, IESE Business School.

Elegido, J. M. (2009). Corporate governance. Lagos, Nigeria: Lagos

Business School.

Elegido, J. M. (2009). Acceptance of gifts . (ECCH 708-014-6). Lagos,

Nigeria: Lagos Business School.

Elegido, J. M. (2009). Compliance with the law. (ECCH 708-015-6).

Lagos, Nigeria: Lagos Business School.

Epie, C. (2009). Work-family balance - an employee perspective.

Lagos, Nigeria: Lagos Business School.

Ajai, O. O. (2010). Nigerian capital market meltdown: regulatory

incompetence or boom-bust cycle? (ECCH 210-009-8). Lagos,

Nigeria: Lagos Business School.

MONOGRAPHS

WORKING PAPERS

Adegbesan, J. A. (2009, December) Africa: governance,

development, and budding VCPE activity. The Global Venture

Capital and Private Equity Country Attractiveness Index: 2009/2010

Yearbook, International Centre for Financial Research, IESE

Business School.

Adegbesan, J. A. (2009, April) Poaching, acquisition, or internal

development: which approach leads to competitive advantage?.

Footprints, Lagos Business School Alumni Magazine.

Ogbechie, C., & Koufopoulos, D. N. (2010, January). Board

effectiveness in the nigerian banking industry. Brunel University,

UK.

Ogbechie, C., & Koufopoulos, D. N. (2010, January). Corporate

governance and board practices in the nigerian banking industry.

Brunel University, UK.

Akiti, C. (2010). LifeCare ventures limited. Lagos, Nigeria: Lagos

Business School.

Chris-Anoruo, C. (2010). Omega holdings. Lagos, Nigeria: Lagos

Business School.

Moradeyo, A. (2010). Nana bakery. Lagos, Nigeria: Lagos Business

School.

Ovadje, F., & Anibaba Y. (2010). Making knowledge transfer happen

at Suntel. Lagos, Nigeria: Lagos Business School.

Nigerian Journals 1 6

International Journals 1 19

Conferences in Nigeria 1 6

International Conferences 11 25

Book Chapters 1 5

Case Studies 6 19

Others 11

2008/09 2009/10

Total 21 91

COMPARISON OF RESEARCH OUTPUT

OVER THE LAST TWO SESSIONS

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UNIVERSITY CONFERENCES

In an effort to deepen research in media and

communications the School of Media and

Communication (SMC) has begun to organise annual

international conferences.

The first held from 24 – 26 August, 2009 with the

theme: Journalism and New Media Technologies in

Africa: New Technologies, New Practices and the

Renewal of Media Training in Africa. The second held

from 11 – 13 August, 2010 and its theme was New

Media and the Knowledge Economy in Africa

8 THE UNIVERSITY

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PAN-AFRICAN UNIVERSITY ANNUAL REPORT 2010

The 6th LBS Annual Conference on Real Estate with the

theme: Developing and Sustaining Foreign Investors

Confidence for Nigerian Mortgage - Building the

Secondary Market Platform on a Solid Foundation held

from August 18-19, 2009.

On Friday, April 17th 2009, Prof. Juan M. Elegido

delivered his inaugural lecture titled Can a Business

Education Be Bad for your Character? Prof. Elegido

made several suggestions for business schools to

provide an understanding of human nature that goes

beyond models.

Prof. Elegido is a professor of business ethics at Lagos

Business School. He has a doctorate in Law from the

Universidad de Navarra (Spain) and is the author of

four books: Jurisprudence (1994), Fundamentals of

Business Ethics (1996), Una Comunidad de Servicio -

Ensayos en Etica de la Empresa (2000) and Business

Ethics in the Christian Tradition (2003). He has also

published numerous articles on Law and on Business

Ethics in academic and professional journals.

INAUGURAL LECTURE

9THE UNIVERSITY

TOTAL NUMBER OF STUDENTS IN DEGREE AND NON-DEGREE PROGRAMMES

PERSONNEL

Total staff (Full-time) at the end of the year:

31 69 144 244

Academic Professional Support Total

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Degree Programmes

Teaching Unit

Lagos

Business

School

School of Media

and Communication

Centre for

Enterprise Development

Services

TOTAL

Full time MBA

Executive MBA

PhD in

Management

Full time MSc

Part time MSc

Non-Degree

Programmes

50

175

1

46

35

307

111

159

6

45

35

356

34

62

24

120

3,629

1,002

827

5,458

No. enrolled

in this

Session

No. of students

during the

Session

No. of students

graduated

in this Session

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PAN-AFRICAN UNIVERSITY ANNUAL REPORT 2010

UNIVERSITY CONVOCATION

The University's 6th Convocation also marked the

graduation of the first set of the M.Sc. students of the

School of Media and Communications. The previous

convocation ceremonies had witnessed the graduation

of members of the MBA classes of the Lagos Business

School.

A total of 120 candidates were awarded degrees after

successfully concluding their programme. They were

made up 62 from the part-time Executive MBA

programme, 34 from the full-time MBA programme

and a further 24 candidates from the M.Sc. programme

in Media and Communication.

The guest speaker at the convocation ceremony was

the Executive Secretary of Nigerian Universities

Commission Prof. Julius Okogie. He was represented by

Prof. Jubrila Amin, Chairman of the Standing

Committee on Private Universities.

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FIRST JOINT EXECUTIVE PROGRAMME

GRADUATION

The first joint executive education graduation

ceremony for the three units of Pan-African University

held at the Honeywell Group Auditorium of the

University's Ajah campus on July 24, 2010. The

ceremony was presided over by Dr. Christopher Kolade

C.O.N., Pro-Chancellor of the University. The guest

speaker was Mr Islay Rhind, Managing Director/CEO of

Coca-Cola Nigeria.

A total of two hundred and eighteen graduates from

seven programmes received certificates at the

ceremony. The programmes are Lagos Business

School's Advanced Management Programme, Senior

Management Programme, and Owner Managers

Programme; the School of Media and Communication's

Certificate in Media Enterprise, Advanced Writing and

Reporting Skills and Creative Design and Digital

Communication programmes, and the Centre for

Enterprise Development Services' Certificate in

Entrepreneurial Management programme.

11THE UNIVERSITY

PAN-AFRICAN UNIVERSITY ANNUAL REPORT 2010

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13LAGOS BUSINESS SCHOOL (LBS)

ACCREDITATION AND RANKING

NEW PROGRAMMES

A team from the National Universities Commission

(NUC) visited the Lagos Business School on November

16-18, 2009. The NUC team consisted of Prof. (Mrs.)

Ebele Amali – Team Leader, Prof. O. Onwuchekwa, Prof.

A. Okoye, Barrister U. V. Onuoha and Mr. M. J. Yusuf.

Following the accreditation visit, the MBA programme

of LBS received full accreditation.

Lagos Business School has also continued to be ranked

by the Financial Times among the top fifty-five business Real Estate Development Course

schools providing open enrolment executive education This 3-day seminar imparts modern investment,

programmes globally. development and management analysis skills to

developers and investors in relation to real estate as an

investment, and at the same time exposes the During the 2009/10 session 145 executive programmes developers to capital markets and the underwriting and seminars were taught in the school. requirements in order to make their proposals credible.

A New Joint Module of the CEP Programme Strategic Procurement Contract ManagementA module of the LBS’ Chief Executive Programme is This 3-day seminar helps organisations effectively tap usually held at IESE Business School in Barcelona. Since the huge potentials for saving by employing proactive 2008, this module has been held in conjunction with procurement management.the participants of the Advanced Management

Programme (AMP) of Strathmore Business School Corporate Security(SBS), Nairobi, Kenya. This 2-day seminar is designed to help key managers,

executives and operatives in the security function of In 2010, participants of these programmes also their various organisations acquire new skills, attended a joint module at the Lagos Business School. competences and orientation for the efficient and The aim of the collaboration is to broaden participants' effective application of best practices in the delivery of perspectives with the latest economic concepts to help security solutions to their organisations specific needs.them grow their organisations. Participants receive the

latest ideas and facts on Nigerian and Kenyan social, Maritime Managementeconomic and political environment of business from This 5-day seminar is designed to help the key both the LBS and SBS faculties. Thirty-two chief managerial staff in this sector strengthen their executive officers of Nigerian companies and twenty- capabilities and position themselves adequately for the nine of Kenyan companies took part in the five-day challenges ahead. module.

Unleashing Your Leadership Potential through Mastering Competitive Strategy and Blue Ocean Knowledge of Personality TypesStrategy

This 5-day intensive seminar introduces senior

managers who have strategic responsibility for firms,

businesses or product lines, to the strategic tools they

require in order to master competitive strategy and

strategic innovation.

Personality types have an impact on many processes in

the work place. This 3-day seminar helps participants

examine how knowledge of personality types can help

them improve their communication, decision making,

conflict resolution, team work, time management and

leadership skills.

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14 LAGOS BUSINESS SCHOOL (LBS)

CANDIDATES & SUPERVISORS IN LBS PhD PROGRAMMES

S/No.

1

2

3

4

5

6

Student

Name

Yetunde A. Anibaba

Chinedu Akiti

Adenike Moradeyo

Ijeoma Anaso

Chinasa Chris-Anoruo

Kemi Ogunyemi

Year of

Admission

2006

2007

2007

2008

2008

2009

Research

Area

Organizational

Behaviour

Organizational

Behaviour

Operations

Management

Management

Accounting

Business Ethics

Business Ethics

Year of

Study

4th

3rd

3rd

2nd

2nd

1st

Faculty

Supervisor

Dr. Ifedapo Adeleye

Dr. Franca Ovadje

Dr. Obinna Muogboh

Dr. A. Owolabi

Dr. Tunji Adegbesan

Prof. Juan Elegido

SUMMARY OF PARTICIPATION IN PROGRAMMES

DEGREE PROGRAMMES

Programme

Full-time M.B.A.

Executive M.B.A.

PhD in Management

Total

No. Enrolled in

this session

50

175

1

226

No. of students

during the session

111

159

6

276

No. of students graduated

in this session

34

62

-

96

500

400

300

200

100

0

274 403

2008/9 2009/10

No. of participants in executive programmes

2008/9 2009/10

24913226

No. of participants in seminars

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LAGOS BUSINESS SCHOOL (LBS)

EXECUTIVE PROGRAMMES AND SEMINARS participants attended these executive education

programmes.

During the period under review the following executive A number of seminars (both open and in-house) were education programmes were offered: Chief Executive also taught during this period. A total of 3,226 Programme (CEP), Owner Managers Programme participants attended the seminars. These represent (OMP), Advanced Management Programme (AMP) and an increase in the numbers of participants as depicted Senior Management Programme (SMP). A total of 403 in the charts in the previous page.

Dr. Ifedapo Adeleye completed his PhD in Human

Resource Management from University of Manchester,

UK.

Dr. Enase Okonedo completed her Doctorate in

Business Administration (DBA) from International

School of Management (ISM), Paris, France.

Dr. Chantal Epie, attended an MBTI Certification course

run by the Centre for Applications of Personality Types

(CAPT) in Atlanta from 17 to 20 February 2009.

Ms. Kemi Ogunyemi attended a programme for the

Association of Advance Collegiate School of Business

(AACSB) accreditation in May 2009 at Nashville

Tennessee.

A case writing workshop was organised for faculty in

February 2009. Prof. Lluis Renart from IESE Business

School, Barcelona facilitated the week-long workshop.

ON-GOING DOCTORAL PROGRAMMES BY LBS FACULTY

Faculty Member Area of Research Institution

Chris Ogbechie Corporate Governance Brunnel University, London, UK

Chukwunonye Emanalo Corporate Governance IESE Business School, Barcelona, Spain

and Corporate Finance

Frank Ojadi Logistics and University of Johannesburg, South Africa

Transport Management

Henrietta Onwuegbuzie Entrepreneurship Lancaster University Management School, UK

Ikechukwu Kelikume Economics Swiss Management Centre University, Zurich, Switzerland

Kemi Ogunyemi Business Ethics Lagos Business School, Lagos

Uchenna Uzoh Institutional theory IESE Business School, Barcelona, Spain

Yinka David-West Information Systems Manchester Business School, UK

FACULTY DEVELOPMENT

PERSONNEL

Three academic staff, thirteen professional

staff and eleven support staff making a total

of twenty-seven staff were hired during the

period.

New Academic Staff 3

New Professional Staff 13

New Support Staff 11

Total New Staff 27

Currently the Lagos Business School has a full-time staff

strength of 168 persons.

HONOURS AND RECOGNITIONS TO STAFF

Dr. Doyin Salami was appointed to the Monetary Policy

Committee of the Central Bank of Nigeria. The

committee was inaugurated in January, 2010.

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2009 EXECUTIVE PROGRAMMES GRADUATION

290 senior managers, chief executives and owner

managers from different parts of Nigeria who had “This is a testament to what we have built over the successfully completed six different programmes years and is a recognition of the quality of education received their certificates at the 2009 Executive we offer," she said. Programmes graduation ceremony of the Lagos

Business School which held on December 12. The The graduation ceremony took place at the Honeywell Dean of Lagos Business School, Dr. Enase Okonedo Group Auditorium of the School and was attended by described the number of graduates as the largest friends and families of the graduates, as well as faculty recorded in the history of the School since the first set and staff of LBS. The guest speaker of the event was of 16 chief executives in 1992. Mr. Bob Steetskamp, Managing Director, Friesland

Campina WAMCO Nigeria Plc.

Dr. Enase Okonedo was appointed to the Academic

Advisory Board of the Global Business Schools Network

(GBSN) in December 2009.

Dr. Okonedo was also appointed to the Board of the

Association of African Business Schools (AABS) in May

2010

Dr. Tunji Adegbesan was elected to a two-year term on

the executive committee of the Business Policy &

Strategy (BPS) division in the worldwide Academy of

Management following a global voting process.

Mr. Frank Ojadi's case, “Talent Drycleaners”, co-

authored with Dr. Chimezie Anyakora, was among the

15 top-selling cases, in 2009, at the European Case

Clearing House (ECCH), the leading distributor of

management case studies worldwide.

16 LAGOS BUSINESS SCHOOL (LBS)

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EVENTS CLASS REUNIONS:

Three reunions were organised for alumni as follows:

The CEP 1- 5 classes held a reunion on April 25, 2009 at PRESIDENTS DINNERS: the LBS Campus in Ajah. The speakers were Mr. Richard In 2009, the dinner held on June 6, 2009 at the EXPO Kramer who spoke on Managing in a Changing Global Centre of the Eko Hotel & Suites, Victoria Island, Lagos. Economy, and Dr. Christopher Kolade who spoke on About 500 alumni and their spouses, and some invited Management of Executive Succession. guests attended. Three awards were given at the

dinner, namely: the President's Award to Mr. Fabian

Ajogwu, the Distinguished Alumni Award to Prof. Pat

Utomi, and the Best Alumni Class Award to EMBA-4

The 2010 annual Alumni President's Dinner held on

June 6 at the Zinnia Hall of the Eko Hotel & Suites. Over

700 alumni and their spouses as well as corporate

guests attended. The President's Award went to

Fidelity Bank, the Distinguished Alumni Award to Gen.

Tunde Reis, and the Best Alumni Class Award to EMBA-

11 class.

MENTORING PROGRAMME:

A new mentoring programme for alumni began on

October 24, 2009 with a workshop for mentors and

mentees at the Victoria Island campus of the University.

A total number of 27 alumni are currently participating

in the scheme. The SMP 1 – 5 classes held a reunion on August 8, 2009

at the Victoria Island campus of the University. The ZONAL EVENTS: guest speaker was Dr Malcom Fabiyi who made a During the session, the LBS Alumni Association initiated presentation on Using Competitive Intelligence to some zonal events. The Eastern Zone of the LBS Alumni Generate Winning Strategies. Association was inaugurated during the first dinner

cum alumni session held for alumni in the region, on The EMBA 1 – 5 classes also held a reunion on October August 27, 2009, at the Presidential Hotels, Port 3, 2009 at Jade Place Restaurant in Victoria Island. The Harcourt.guest speaker was Mr. Paschal Dozie, represented by

Mr. Emeka Osuji, MD, Diamond Pensions Ltd, whose In 2010, the second edition of the dinner held at the paper was titled Random Thoughts on Nigeria. same venue on June 18. Over 100 alumni and guests

were present. The Northern Zone also held a dinner on ALUMNI SESSIONS: October 22, 2009 at the Abuja Sheraton Hotels and A total of thirty-seven (37) alumni sessions were held. Towers. The speakers at the sessions were from both local and

international organisations.

LBS ALUMNI EXHIBITION (LABEX):

The sixth LBS Alumni Exhibition (LABEX), sponsored by

Diamond Aluminium Technologies (DIATECH) and

BusinessDAY Nigeria, held from March 25 – 27, 2010 at

the Expo Centre of Eko Hotel & Suites.

MAJOR EVENTS OF THE LBS ALUMNI ASSOCIATION

LAGOS BUSINESS SCHOOL (LBS)

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ALUMNI DAY: Also, during that visit, one of the residents of the Home

The 2009 Alumni Day hosted by the CEP-16 class, held received a scholarship up to university level from a

on November 26, 2009 at the Honeywell Group member of the class.

Auditorium of the School with about 350 alumni in

attendance. Governor Babatunde Fashola of Lagos The EMBA-12 class on its part has taken on the task of

State was the guest speaker at the event. Other reducing infant mortality rate in Lagos. As a start, they

speakers were Gen. Tunde Reis, Dr. Ayo Teriba and Mr. completed the renovation and equipping of the

Opeyemi Agbaje. maternity ward of the Akodo General Hospital at a cost

of about N5m, and also donated some toys for children

in the wards in May 2009.

Laterna Ventures, owned by Mr Remi Morgan, Class Graduates of the Lagos Business School are encouraged President of OMP 8 and member of the LBSAA EXCO, to give back to society and to the School. The classes donated a broad spectrum of books to selected have responded generously as can be seen in the libraries along with shelves to display them.following community based activities and gifts made to

the LBS: The EMBA-11 class has taken responsibility for the medical bills of two members of their class suffering OUTREACHES from severe medical conditions. In September, 2009 AMP-20 class received an award

from the Lagos State government in the Government's

Support-Our-School Initiative. In 2008, AMP-20 had

adopted the Eti-Osa Junior Secondary School,

Sangotedo, Eti-Osa East CDA and have so far committed

about N6m to the total renovation and refurbishing of

the school.

In April 2010, to mark the world malaria day, AMP-22

visited the Eti-Osa East Community Development

Authority Health Centre. The class made donations of GIFTS TO THE SCHOOLinsecticides and insecticide treated mosquito nets. The A total of N25.2m was donated to the LBS Endowment class also visited Little Saints' Orphanage and Living Fund by graduating classes in the 2009/10 session. The Fountain Orphanage, both in Lagos, in July 2010.breakdown is as follows:

EMBA-15 class, in May 2010, donated N139,000.00 to

the widow of late Mr. Patrick Aniesedo, who was an MBA-6 1accountant in the School until his death.EMBA -12 2

CEP-18 5In June 2010, the SMP-36 class visited the Arrows of SMP-34 5God Orphanage, Okeira-Nla, Ajah where they donated OMP-12 2.7some items for the use of the orphanage.AMP-21 2.5

SMP-36 1.5OMP-9 made visits and donations to motherless SMP-35 1.2babies' homes.AMP-22 1.8

SMP-37 1.5EMBA-9 visited the Modupe-Cole Home of the OMP-14 1.0physically challenged and donated a wide range of

items; it was their second such visit since graduation.

GIVING BACK:

CLASS Pledge/Donation N (m)

TOTAL 25.2

18 LAGOS BUSINESS SCHOOL (LBS)

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LBS ROUNDTABLE SERIES

To provide public enlightenment about national issues

which affect Nigeria's socio-political wellbeing, as well

as facilitate discussions among relevant stakeholder

groups, a new LBS roundtable series was inaugurated.

The first edition which focused on the upstream sector

of the Nigerian oil and gas industry held on September

29, 2009 at the Civic Centre, Lagos.

MEETING OF THE ASSOCIATION OF AFRICAN

BUSINESS SCHOOLS (AABS)

The Association of African Business Schools (AABS) FORMAL LINKAGES

held a two-day board meeting and strategy retreat on Lagos Business School partnered with Etisalat Nigeria

February 10 and 11, 2009 at the Lagos Business School. to launch a new centre for corporate social

The retreat was facilitated by Prof. Michael Hay, a responsibility on April 14, 2010. The centre will focus on

former Deputy Dean of the London Business School, teaching and research in corporate governance, work-

and was attended by from family balance, business ethics and other issues related

nine schools around Africa. to corporate social responsibility. The Director of the

centre is Mr. Chris Ogbechie, a member of the LBS

CAREER FAIRS faculty.

The sixth and seventh MBA career fairs held on April 30,

2009 and March 24, 2010 respectively. The A memorandum of understanding (MOU) between the

participating companies at the fairs were Lagos Business School and the Indian Council for

GlaxoSmithKline, Nestle, Promasidor, Akintola Williams Cultural Relations (ICCR) was signed on November 16,

Deloitte, Tetrapak (West Africa), Shell Petroleum 2009 towards the establishment of a Rotating Chair for

Development Company, Procter & Gamble, General Indian Management Studies at LBS. The chair will be

Electric, Dangote Group, Dys Trocca Valsesia, First Bank, utilised for teaching management and related subjects

Geometric Power, Guaranty Trust Bank, Oando and such as marketing, strategy and finance, with strong

Honeywell Flour Mills. emphasis on Indian experience.

members of the board of

OTHER SCHOOL EVENTS

19LAGOS BUSINESS SCHOOL (LBS)

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Mr. Babatunde Fashola, the Executive Governor of Lagos

State was the guest speaker at the 2009 Alumni day.

Dr. Malcolm Fabiyi, Managing Partner of Claypol Consult, a

US-based consultancy firm joined LBS as a new visiting

professor in June 2009. Other visiting professors who came

back to the school during the period were Prof. Louis

Nzegwu of University of Wisconsin, USA and Prof. Skip Smith

of the American University of Nigerian, Yola.

Other visitors:

Gen. Martin Luther Agwai, former Chief of Defence Staff of

the Nigerian Armed Forces and Force Commander of the

African Union - United Nations Hybrid Operation in Darfur

Ms. Robin Sanders, the United States Ambassador to Nigeria

Mr. Guo Kun, Consul General in Lagos of the People's

Republic of China Mr. Emmanuel Imoagene, Human Resource Director,

Mr. Yang Meng, the Deputy Secretary General, China Nigerian Breweries

Education Association for International Exchange of the Mr. Olu Onakoya, (at the time) Chairman & MD, Mobil Oil

People's Republic of China Nigeria

Mr. Fu Bo, Ag. Director, Department of American & African Mr. Mohammed Yunusa, Group MD/CEO, Dunlop Nigeria

Programmes of the People's Republic of China Mr. Atedo Peterside, Chairman, Stanbic IBTC

H. E. Mr. Mahesh Sachdev, High Commissioner of India Mr. Keith Richards, CEO, Promasidor,

Dr. Lanre Babalola, Immediate Former Minister of Power Mr. Ademola Adeyemi-Bero, MD, British Gas Nigeria

Mr. Mitchell Elegbe, MD, Interswitch Mr. Simon Harford, CEO, Actis, West Africa

Mr. Dapo Olumide, CEO, Virgin Nigeria Mr. Okey Enelamah, CEO, African Capital Alliance (ACA)

Mr. Mansur Ahmed, D-G, Infrastructure Concession Mr. Emeka Onwuka, MD/CEO, Diamond Bank

Regulatory Commission (ICRC) Gen. Tunde Reis, Director of Studies,

Mr. Bismarck Rewane, CEO, Financial Derivatives at the Nigerian Army School of Military Engineering

Mr. Wale Tinubu, GMD, Oando Nig. Dr. Ayo Teriba, CEO, Economic Associates

Mr. Solomon Quaynor, the country representative, Mr. Opeyemi Agbaje, Senior Consultant, Resources & Trust

International Finance Corporation (IFC) Company Limited

Mr. Islay Rhind, MD/CEO, Coca-Cola Nigeria Mr. Seyi Bickersteth, Managing Partner, KPMG

Mr. Victor Banjo, Group Head, Human Resources, Oceanic Mr. Dominic Essien, CEO, SEED Media

Bank International Plc. Mr. Akin Dawodu, Treasurer, Citibank Nigeria and President,

Mr. Vitus Ezinwa, (at the time) Director, Human Resources, Money Market Dealers Association

Coca-Cola Nigeria & Equatorial Africa Mr. Emeka Ndu, CEO, C&I Leasing;

Mr. Kapil Garg, MD, WAMCO Nigeria Mrs. Lola Masha, Chief Marketing Officer, Google West

Africa

Mr. Sameer Goel, immediate former MD, GSK Nigeria

Mr. Chidi Okoro, MD, GSK Nigeria

Mr. Bob Steetskamp, MD, Friesland Campina WAMCO

Nigeria

Chief Olusegun Osunkeye, Chairman, Nestle Nigeria

Mrs. Muni Shonibare, MD, Interior Options

Mrs. Ibukun Awosika, MD, Sokoa Chair

Mrs. Bukky George, MD, HealthPlus

Mrs. Audrey Ezigbo, MD, Falcon Petroleum

Mr. Afred Okoigun , MD, Arco Petroleum

Mr. Frank Nneji, MD, ABC Transport

NOTABLE GUESTS

20 LAGOS BUSINESS SCHOOL (LBS)

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Dr. Chantal Epie conducted two seminars on Team

Building (one for CEOs and another for Departmental

Heads) organised by the Institut de Hautes Etudes-

Afrique (IHE-Afrique) in Abidjan, from 13-17 July 2009.

She also led a session on “Accelerating Growth and

Productivity through Team Effectiveness” at the 1st

Annual Conference of the Personnel Practitioners

Consultative Association (PPCA) on May 20, 2010 at the

Peninsula Resort, Lagos.

Dr. Franca Ovadje designed and has been teaching the

change management course in the Executive MBA at

Strathmore Business School (SBS), since 2008. She also

taught leadership in the Advanced Management

Programme (AMP) in 2009, and teaches both

leadership and change management modules in other

programmes at SBS.

Dr. Ovadje was also the guest speaker at the SBS

graduation ceremony for executive programmes in

2009, speaking on the theme “Living and Leaving a

Legacy”.

In addition to teaching at SBS, she also teaches on the

Pan-African AMP at IESE Business School, Barcelona, a The Dean of LBS, Dr Enase Okonedo, in April 2010,

programme which brings together AMP participants spoke on the topic “Developing the Next Generation of

from SBS and Chief Executive Programme (CEP) African Business Leaders” in a lecture organised by the

participants from LBS. Centre for International Business, Tuck School of

Business in Dartmouth, USA, and in May she spoke on

In addition, Chris Ogbechie teaches strategy and “Prospects and Challenges of Humanistic Management

marketing at SBS, and in July 2010, taught on a new Education in an Emerging Country Context” in a

programme entitled “The Effective Director”. symposium at IESE Business School, Barcelona.

LBS is collaborating with the Institute for Work and

Family Integration (IWFI) to promote work-life balance

and good work ethics in organisations by organising

conferences and seminars on work-life balance and

related issues.

LBS also hosted a 14-member delegation from the

Industrial Training Fund (ITF) on April 1, 2010. The

purpose of the visit was to interact with some principal

staff on experiences, especially in the areas of policy

formulation and implementation, which have

contributed to the high standards LBS maintains.

SERVICE TO OTHER UNIVERSITIES AND INSTITUTIONS

LAGOS BUSINESS SCHOOL (LBS)

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The LBS Finance Club held its first finance conference

on July 2, 2009. The conference attracted experts from

industry for discussions under the theme “Changing

the Nigerian Financial Landscape: Regulation, Financial

Markets & Financial Institutions”.

Three Lagos Business School MBA students (Ifeanyi

Ajaebili, Elizabeth Uchealor, and Emeka Ogbannu) were

at the United Nations Headquarters in New York on

April 9, 2010 to present their actionable proposal for

peace building in conflict-torn Colombia during the

inaugural conference. Of the teams

from fifty countries which participated, the LBS team

called 'Building Bridges' was among the eight teams

selected to present their plans in the final round.

Students Participating in Resolving International

Tensions (SPIRIT)

STUDENT-LED ACTIVITIES

Students Visits

LBS hosted over 300 students on visits from various

universities and secondary schools including University

of Nigeria, Nsukka and Babcock University, Ilisan-Remo,

Ogun State.

Two MBA students from Purdue University, USA and

IESE Business School, Barcelona carried out their

internship projects at LBS in 2010.

Another group of 11 MBA students under a new

Community Development Programme (CDP) trained

about forty micro and small business owners in the

Lakowe community close to the School, on skills required

to run their businesses successfully. The programme was

organised in partnership with Seed Capital Microfinance

Bank Limited. The bank offered loans at subsidised rates.

22 LAGOS BUSINESS SCHOOL (LBS)

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NEW PROGRAMMES

The School has a strong suite of certificate programmes

designed for media professionals. In the last session,

some certificate programmes were introduced and

they include the following:

Samsung Real Dreams (SRD)

Samsung in collaboration with the School of Media and

Communication is providing a training opportunity for

unemployed graduates to enhance their technological

and entrepreneurial skills. It is a six-month programme

that provides comprehensive training in media related

modules such as graphic design, video editing, and

web-design. Life Skills, Entrepreneurship and Project-

based training are other modules that enrich the In addition to its certificate programmes the School content of the programme. SRD has successfully also facilitates many seminars. In the last session, the improved the employability of the youth. An impact following seminars were begun: survey shows that 86% of programme graduates were

employed and of this, 43% were self-employed or Strategies For Optimizing Corporate Communication worked independently. Since its inception in 2009, 148 Skills (SOCCS) participants have passed through the programme.This is a 5-day seminar aimed at equipping participants

with the ability to be creative in their thinking and to

communicate such thoughts effectively through

writing, reporting and making presentations. Itl also

trained them on how to expound the position of the

different stakeholders in participants' organizations

and determine the different strategies of

communication. Since its inception in 2009, 57

participants have passed through the programme.

Screenwriting for Film, Video and Television Course Creative Presentation & Public Speaking (CPPS) (SWC) This is a 5-day seminar designed to enable participants A 20-day programme addressing the need to produce become skilled at developing ideas and presenting quality scripts for audio-visual media has been them in public. 55 participants have passed through the initiated. It aims above all to optimize the skills of programme since its inception in 2009.practitioners in the craft of writing original scripts for

the Nigerian Film Industry. The first run had 16 Creative Business Writing (CBW)participants. The programme is being offered in A 4-day seminar whose organised to enhance collaboration with Goldsmith's College, London.partic ipants' ski l l in business writ ing and

communication. It aims particularly to improve Business and Economic Reporting (BERE) participants' application of new information This is a 10-day course designed with the objective of technologies to the processes of business writing and providing practising (and aspiring) journalists the tools communication. So far, 14 participants have gone needed to raise the ante on all forms of financial through the programme.reporting.

23SCHOOL OF MEDIA AND COMMUNICATION (SMC)

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SUMMARY OF PARTICIPATION IN PROGRAMMES

Academic Programmes:

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90

80

70

60

50

40

30

20

10

0

No Enrolled in Academic Programmes

2008/09 2009/10

Ikechukwu Obiaya

Pius Onobhayedo

Emmanuel Ossai

Dr. James Tsaaior

Name of Staff Programme (Areas of specialization)

PhD (Studies on the film industries

in Nigeria)

PhD (New Media and organizational

communication)

PhD (Business Strategy)

International Faculty Development

Programme (IFDP))

University

University of Navarra, Spain

University of Navarra, Spain

University of Surrey, UK

IESE Business School, Spain

FACULTY DEVELOPMENT

PROFESSIONAL EDUCATION PROGRAMMES

During the period under review, the following

certificate programmes were held: Certificate in

Media Enterprise, Creative Design and Digital

Communication, Advanced Writing and Reporting

Skills, Samsung Real Dreams, Creative Lives. A total of

478 participants attended these certificate

programmes.

In addition, the school also organised some seminars

and workshops. 524 participants attended the

seminars and workshops.

No. of students

during the

2009/10 session

45

35

80

No. of students

graduated in the

2009/10 session

24

-

24

No. Enrolled

in the 2009/

2010 session

46

35

81

Programme

Full-time MSc

Part Time MSc

Total

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PAN-AFRICAN UNIVERSITY ANNUAL REPORT 2010

MAJOR EVENTS OF THE SMC ALUMNI

ASSOCIATION (SMCAA) High Chief Raymond Dokpesi, Chairman, DAAR

Communications and Chief Dele Momodu, CEO,

Ovations Magazine. Over 80 alumni members attended The School of Media and Communication Alumni each of the sessions.Association (SMCAA) was formally inaugurated on

Saturday, May 23, 2009. The event took place at the

Golden Gate Paradise, Ikoyi. The SMCAA Exco was also

elected at the event.

On 23rd January, 2010, the association began a series

of bi-monthly business breakfast meetings entitled

“Breakfast with”. So far, three editions have been held

with the following as guest speakers in chronological

order: Mr. Ernest Ndukwe (at the time) Executive Vice-

Chairman, Nigerian Communications Commission,

PERSONNEL

HONOURS AND RECOGNITIONS TO STAFF

Currently, the School of Media and Communication has

a full-time staff strength of 32 persons.

Dr. James Tsaaior was appointed a Fellow, African

Studies Centre, Wofson College, University of

Cambridge in 2010.

New Professional Staff 9

New Support Staff 1

Total New Staff 10

EXHIBITIONS

SAMSUNG REAL DREAMS EXHIBITIONS

At the end of each edition of the Samsung Real Dreams

(SRD) programme, an exhibition of some of the

projects undertaken by the participants is held. The

first exhibition held on Saturday, October 3, 2009 at the

Victoria Island campus of the University.

On the 15th and 16th of July, 2010 the third set of the

SRD participants held the project exhibition at the City

Hall, Lagos Island at the 1st Annual Creative Careers

Fair put together by Enterprise Creative.

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Prof. Dora Akunyili Dr. Ken Ikpe, Minister of Information CEO, Mediacom

Prof. Onookome Okome Mrs. Lola Odedina, University of Alberta Carad, Canada (Sabbatical) AGM, Corporate Communications, GTBank

Mr. John Momoh Dr. Ify UraihCEO, Channels Television CEO, Proventures

Mr. Sonny Irabor Mrs. Babara Lawrence, Host, Soni Irabor Live CEO, Insolitus Nig.

Mr. Gbenga Adefaye Mr. Chris DoghudjeEditor-in-Chief, Vanguard /President, Guild of Editors CEO, Zus Bureau

Mr. Dan Agbese Mr. May NzeribeEditor-in-Chief, Newswatch Magazine CEO, Sunrise Advertising

High Chief Raymond DokpesiChairman, Daar Communications

Chief Dele MomoduCEO, Ovations Magazine

Mr. Marvel AkpoyiboCommissioner of Police, Lagos State

Mrs. Clare Omatseye, MD, JNC Int'l

Mrs. Sandra Obiago,Executive Director, Communicating for Change

OTHER SERVICE ACTIVITIES

The School of Media and Communication in March,

2010 hosted a workshop for the members of the

Committee of Deans of Postgraduate Schools

(CDPGS) on “Writing Winning Research Proposals”.

The objective of the workshop was to provide

participants with sound training in the art and science

of planning and writing grant-oriented proposals.

NOTABLE GUESTS

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PAN-AFRICAN UNIVERSITY ANNUAL REPORT 2010

NEW PROGRAMMES

Social Sector Management (SSM) Programme

This is a 30-day programme (spread over 5 months)

created with the objective of contributing to the

development of the non-profit sector. It exposes

participants to important functional areas of managing

nonprofits and social enterprise such as proposal

writing, fund raising, mobilizing resources, managing

projects, building credibility, etc.

SSM is being supported by the Transformational

Leadership Programme (TLP), a project of the Coca-

Cola Africa Foundation through the Africa America

Institute. Over a period of three years, scholarships will

be awarded to 120 qualified Nigerians, majority of who

will attend the SSM. It started in September 2009 and Venture in Enterprise & Management Programme has graduated 60 participants since then. (VIEMP)

This is a one week programme aimed at exposing

National Youth Service Corps (NYSC) members to

entrepreneurship, management, values and corporate

social responsibility. EDS collaborated with Junior

Achievement of Nigeria (JAN), Chevron and Accenture

Nigeria to bring the VIEMP to NYSC members during the

session. A hundred Nigerian graduates from different

disciplines (Engineering, Medicine, Management, etc)

were selected. The importance of the programme lies

in the fact that the Corp members were at the

crossroad of making career decision.

Essential Management Skills (EMS)

This is a 14-day course (spread over 4 months) designed

to improve the effectiveness of line managers and team

leaders in small and medium scale enterprises. The

programme is modular and is structured to enable

participants the choice of modules they consider

important for their functional needs. EMS was

designed using largely the Business Edge methodology

(by International Finance Corporation) and it focuses

on four key areas: Effective Sales Management;

Customer Service Management; Personal Productivity

and Financial & Operations Management. A highly

participant-centred programme, EMS has been

delivered to about 96 participants during the period.

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PAN-AFRICAN UNIVERSITY ANNUAL REPORT 2010

The Certificate in Entrepreneurial Management (CEM)

was the first, and has remained the main capacity

building programme for entrepreneurs offered by the

EDS. The programme designed with the assistance of

the Global Business School Network (GBSN) - an

initiative of the International Finance Corporation (IFC)

has graduated 400 participants as at August 2010. In

2009, EDS commissioned an impact study of the CEM

programme on its participants.

About 50% of CEM graduates participated in the survey

which was carried out by an independent consultant.

The study revealed a number of increases in relevant

key performance indicators (KPIs) such as turnover,

profitability and assets amongst others.

THE IMPACT ASSESSMENT OF THE CEM

PROGRAMME

SUMMARY OF PARTICIPATION IN PROGRAMMES

S/N EDS PROGRAMMES ` NO OF PARTICIPANTS

2009/10

TOTAL 827

1 Certificate in Entrepreneurial Management (CEM) 191

2 Social Sector Management (SSM) Programme 60

3 Essential Management Skills (EMS) 96

4 Venture in Enterprise & Management Programme (VIEMP) 100

5 British Council – Creative Lives Programme 100

6 In-Company Retreats 280

100 100 100

191

60

96 100126

280

000

CEM CreativeLives

SSM EMS VIEMP RETREATS

No of participants2008/9

No of participants2009/10

Over 100% 24.10%

Between 51 & 100% 20.70%

Between 26 & 50% 15%

Between 11 & 25% 27%

Between 5 & 10% 13.80%

50% of the participants had more than 50% increase

in turnover by the third year after completing CEM.

Increase in annual turnover in the third year following CEM

Increase in annual profitafter the third year of CEM

Between 11 & 25% 26.70%

Between 5 & 10% 26.70%

In the third year after CEM, 47% of the participants

recorded an increase of annual profit by 100%

Over 100% 46.70%

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70% of participants had asset growths

of more than 25%.

Increase in assetsafter the third year of CEM

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About 10% of participants had increase

in staff strength of more than 100%

Increase in staff strengthafter the third year of CEM

Between 26 & 50% 53.80%

Between 5 & 10% 30.80%

Over 100% 15.40%

Between 5 & 10% 30.40%

Less than 5% 34.80%

Over 100% 8.70%

Between 11 & 25% 26.10%

PAN-AFRICAN UNIVERSITY ANNUAL REPORT 2010

EDS SERVICES solutions to these. The field visits are undertaken by

EDS staff and MBA students from the Lagos Business

School. In the 2009/10 session, 284 members were EDS offers a variety of support services to SMEs. These visited.include business advisory, network meetings, field

visits by EDS staff and Lagos Business School MBA SME Toolkit Nigerianstudents and the Nigerian SME Toolkit (developed in The SME Toolkit Nigeria is a web-based tool that has collaboration with the IFC). been developed by the International Finance

Corporation (IFC) – the private arm of the World Bank.Business Advisory/Expert-In-Residence

(EIR) Sessions The SME Toolkit Nigeria offers software, business These typically take the form of business clinics where forms, training and more to help small businesses in SMEs are able to consult with experts from different Nigeria grow and succeed. EDS is the Country Partner areas of business management on specific challenges for the SME Toolkit Nigeria. they face in the process of managing their enterprises. The objectives of the website include:

- Driving traffic to the site. Currently, there are over During each one-day clinic there are five to six experts 10,000 registered users on the toolkit.available for consultation. In the 2009/10 session, - Localization of contents and business materials there were 7 EIR clinic attended by about 112 SMEs (an provided on the siteaverage of 16 SMEs per clinic). The experts provided - Provision of business information, tools and articles the services on a voluntary basis. In the 2009/10 that could be relevant in helping SMEs improve their session a total of 36 experts participated in this service.businesses.

Network Meetings

Because of the usefulness of continuous education and

networking, EDS organises a series of network

meetings for its members. In the 2009/10 session there

were 10 network meetings with an average attendance

of 100 members per meeting.

Field Visits By EDS Staff and MBA Students

During the course of the year, member SMEs are visited

at their offices/factories/shops in order to help assess

the challenges they face, and to help provide practical

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PAN-AFRICAN UNIVERSITY ANNUAL REPORT 2010

SME/ ALUMNI CONFERENCES

The first EDS Alumni Conference took place on May 20-

21, 2009 at the Lekki Campus of the University. The

theme of the conference was Global Financial Crisis:

Impact and Opportunities for Small and Medium scale

Enterprises (SMES). It was a forum for EDS alumni to

appraise the impact of the financial crisis on their

businesses and think of innovative ways to survive and

grow despite the crisis.

The 2nd EDS Alumni Conference took place on May 13-

14, 2010 at the Lekki Campus of the University with

over 200 SMEs in attendance. The conference which

brought together key stakeholders in the public sector,

financial institutions, industries and academia had as

its theme 'Building Credible SMEs in Tough Times.

STAFF DEVELOPMENT

Staff of EDS attended various training programmes in

order to improve effectiveness and managerial

competence on their jobs as well as managerial

competences. Below are the details:

1. Ms. Lola Fayomi - Advance Writing and Reporting

Skil ls Course at the School of Media and

Communication (SMC) of the Pan-African University in

2009 .

2. Mr. Peter Bamkole and Mrs. Nneka Okekearu

attended the maiden edition of the Goldman Sachs

Leadership Academy which held in New York in June,

2009.

3. Mr. Peter Bamkole and Ms. Lola Fayomi attended the

Second Global Partner Conference for the SME Toolkit

which took place in Cape Town, South Africa from 5. Mr. Peter Bamkole, Mrs. Nneka Okekearu and Ms. November 16-20, 2009. Adeola Osinaike attended the second edition of the Goldman Sachs Leadership Academy which was held in New York in June, 2010.

4. Mr. Peter Bamkole and Mr. Olawale Anifowose

attended the Global Entrepreneurship Congress which 6. Mr. Olawale Anifowose attended the Senior was held in Dubai, UAE from March 8-10, 2010. Management Programme (SMP) at the Lagos Business

School in 2009

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IT7. Mrs. Nnenna Ugwu attended the Excellence in In March 2010, EDS was appointed the host institution

Service Management at Lagos Business School (2009) for the Global Entrepreneurship Week (GEW) - Nigeria

and the ECOWAS Regional Training of Trainers campaign

organized by International Trade Centre in Dakar,

Senega,l in June, 2010. The latter training programme The Global Education Initiative of the World Economic

was designed for the trainers of African business Forum appointed Mr. Peter Bamkole, as a member of

women in international trade. its Technical Advisory Group (TAG) on Entrepreneurship

Education. He was also part of the Ad-Hoc expert team

8. Mr. Rotimi Adeoti attended the Certificate in invited by the United Nations Conference on Trade and

Entrepreneurial Management programme at EDS in Development (UNCTAD) to Geneva in June 2010 to

2009 brainstorm on entrenching entrepreneurship in

mainstream schools' curricula.

9. Ms. Adeola Osinaike attended the Certificate in

Entrepreneurial Management programme at EDS in Mr. Peter Bamkole featured on two panels during the

2010 as well as the Monitoring and Evaluation Second Global Partner Conference for the SME Toolkit

programme organized by Goldman Sachs and which took place in Cape Town, South Africa from

Bridgespan in Washington D.C., June 2010. November, 16-20, 2009.

10. Mrs. Nneka Okekearu on the 9th of November, 2009 Mrs. Cynthia Umoru (CEM-7 / GS1): Owner of

participated in the Media Innovator Training of Trainers Honeysuckles PTL Ventures, a food production,

organized by Goldman Sachs for its partners at the processing and distribution business, won the 2009

Graduate School of Media, Keio University, Japan. Future award for the 'BUSINESS OWNER OF THE YEAR'.

This award was given by The Business Eye Magazine to

young persons (below 30yrs) engaged in various

endeavours. EDS increased her staff strength by 1 in 2009 and 2 in

2010. This brings it to a total number of 3 staff for the Mrs. Toukpe Esisi (CEM-7 / GS1) received the 10,000 period under review.Women Entrepreneurial Achievement Award during

the "2009 Global Leadership Awards" organized by

Vital Voices Global Partnership on March 19, 2009 at

John F. Kennedy Center, Washington DC. Mr. Peter Bamkole was part of the panel that focused on faculty development at the 4th Annual GBSN Mrs. Deola Asabia (CEM-7 / GS1) won the Cartier Conference held at the Graduate School of Business, Award with her partner Jife Williams. The duo were University of Cape Town, South Africa from June 8-9, declared Laureate for Africa for the creativity, 2009.sustainability and social impact of their business (a

facility management company known as MN-He also led the roundtable discussion on measuring Environmental Services) during the December 2009 impacts and result in Entrepreneurship at the 5th Women`s Forum for the Economy and Society in Annual GBSN Conference held at the Ronald Reagan Deauville, France.Building in Washington DC from June 10-11, 2010 with

the theme: 'Innovation for Impact Business Schools at Ms. Tolu Sangosanya (SSM-1) and the promoter of the crossroads of Development'. LOTS Charity Foundation received The Future Award for

Best Use of Advocacy for her work at the Dustbin Village SME Toolkit Nigeria got an award for 'Creativity in in Ajegunle. The annual award is given to young people promoting user interaction on the SME Toolkit'. EDS under 30 who make a difference in their chosen field. manages the Nigerian SME Toolkit.

PERSONNEL

EDS RECOGNITIONS & AWARDS

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ITMrs. Femi Olayebi (2009) and Mrs. Toun Ogwo (2010) In addition to these, in April, 2010, Prof. Mauro Guillen,

won the Goldman Sachs Fortune Mentoring Director of the Lauder Institute at the Wharton School,

programme. This high level mentoring programme Philadelphia, USA, visited EDS for one week to write a

brings about 30 emerging women business leaders case study on the centre. The EDS case was discussed for

from around the world to the United States and pairs the first time in June, 2010, during the Goldman Sachs

each one with a leading US business woman for a Leadership Academy in Washington DC.

month-long mentoring experience.

GOLDMAN SACHS DELEGATIONS

Top executives of Goldman Sachs visited Nigeria thrice

during the period under review.

First Visit: From 20-21 May, 2009, Richard Gnodde, Co-

CEO Goldman Sachs International, Denise Wyllie,

European Operations and Colin Colman, Sub-Saharan

Africa, visited EDS and the 10,000 women in Nigeria. In

addition, Richard Gnodde was the key note speaker Guest Speakers at the Network Meetings were: during the 1st EDS Alumni Conference. 1. Mr. Bismarck Rewane, CEO, Financial Derivatives

LtdSecond Visit: From 7-8 December, 2009, Kathleen 2. Mr. Thomas O'Keefe, President, Mercosur Brown, John Waldron, Steve Scherr and Colin Coleman

Consulting Groupattended the graduation ceremony of the CEM-11 class 3. Mazi Sam Ohuabunwa, MD, Neimeth Plc.which included 17 Goldman Sachs scholars (cohort 5). 4. Mrs. Muni Shonibare, CEO, Interior OptionsThey were accompanied by Anne Black and Rosemary 5. Ms. Elaine Robnett Moore, designer and creator of Drynan.

the Elaine Robnett Moore Collection

The visiting delegation also interacted with members of

EDS Advisory Board, University Management and

Governing Council.

Wharton Intern

Third Visit: 22-24 July, 2010. Deepak Jayaraman,

Executive Director at Goldman Sachs International, In May 2010, Vaidas Budvytis, a Wharton MBA/MA

London was part of our selection interview. Apart from student spent 6 weeks doing his internship at the

the visits to selected scholars, he took part in our centre.

Expert-in-Residence sessions as well as a Networking

Meeting. In March 2010, a group of MBA students from the

Oxford University, visiting Nigeria and Ghana made

their first stop at EDS. During the round table session,

the visiting MBA students were exposed to the structure

and dynamics of small and medium businesses in

Nigeria, the opportunities and key growth sectors.

NOTABLE GUESTS

NETWORK MEETINGS

STUDENTS’ VISITS

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PAN-AFRICAN UNIVERSITY ANNUAL REPORT 2010

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Music makers, 2002. Cloth painting by Yinka Adeyemi

(part of the Pan-African University Art Collection)

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Victoria Island Campus

2, Ahmed Onibudo Street, Lagos

P. O. Box 73688, Victoria Island

Lagos, Nigeria.

Tel: +234 (1) 4616170-2; 2711617-20;

Fax: +234 (1) 4616173

Lekki Campus

Km 22, Lekki-Epe Expressway,

Ajah, Lagos, Nigeria.

Tel: 234 (1) 8991449, 234 (1) 7740280

[email protected]