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Human Capital Development

Human Capital Development

The most valuable assets in both developing and developed countries are humans. Human Capital refers to a collection of traits – knowledge, talents, skills, abilities, experience, intelligence and training – possessed individually and collectively by a population and used to create economic value. It is a form of wealth which can be utilized to accomplish the goals of a Nation or an organization.

Human Capital Development deals with increasing the number of persons who have the skills, education and experience that are critical for economic growth and organizational development. In my Nation, major projects are often outsourced to foreign hands because the skill-set required to execute such projects is unavailable in the Nation. This is a fallout of the negligence of Human Capital Development. Apparently, Human Capital Development determines the development of any Nation.

Human Capital Development in an Organization is the process of improving employee performance, capabilities and resources. This is vital to the growth and development of any organization. In recent times, many organizations have incorporated the use of digitized services. This is because the Nation is swiftly migrating into a digital economy – an economy driven by technology. We are no longer in the age of stereotypical work. This means that employees must skill up and co-evolve to keep up with the demands of this new economy. Skills like transdisciplinarity, novel and adaptive thinking, virtual collaboration, social intelligence and design thinking go in tandem with this rapid evolution and deployment of innovative technologies. The skills, values and perspectives required must be instilled into employees through Human Capital Development.

Apart from Organizational Growth, Human Capital Development in an organization brings out the best in employees. Employees like to acquire new skills on the job. A sense of pride and loyalty develops when employees realize that their organization invests time and resources in training them and this generates maximum productivity in return.

I advocate for the empowerment of humans with the skills required in the digital economy. When we engage in Human Capital Development, innovative solutions for organizations and the Nation can be birthed speedily.

At LEAD Resources, we leverage Human Capital Development for Organizational and National Growth. Want to know how? Learn more here.

AUTHOR

Oluwatobiloba Dairo is an Associate Solutions Architect at LEAD Resources, where she is exploring a rapid Knowledge Acquisition path, building digitized competencies relevant for Career Development and stimulating solutions for Individuals, Organizations and the Government. She is a graduate of Mathematics and an advocate of Women in Leadership. She is interested in Financial and Data Analysis.

Categories
Entrepreneurship Human Capital Development Technology and Innovation

LEAD Resources to Collaborate with Remo Growth and Development Foundation (RemoGDF)

LEAD Resources is in the process of entering into a collaboration agreement with the Board of Directors, Remo Growth and Development Foundation (RemoGDF). The purpose of this collaboration is to engage in strategic Human Capital Development initiatives for the indigenes of Remo land.

On the 29th of February 2020, LEAD Resources scheduled a meeting with Mr. Abiola Ogundeko, the Director for Youth Development, RemoGDF, towards the establishment of this collaboration wherein a “3-point agenda” was proposed.

DEVELOPMENT OF SMALL AND MEDIUM ENTERPRISES

The first agenda is the activation, development and encouragement of Small and Medium Enterprises to be true catalysts of the economic development of Remo land.

The following are the objectives of this agenda:

  • Improving human capital to become effective players in the economic development of Remo land.
  • Building a sustainable system for stimulating and developing the Small and Medium Scale Enterprises ecosystem in Remo land.
  • Rapidly providing conspicuous benefits for the populace via the operations of the ministry.
  • Supporting Remo land by achieving the objective of creating effective public and private collaborations in the programme.

CONVERSION OF DORMANT SCHOOL BUILDING TO TECH HUBS

The second agenda is the conversion of uncompleted and dormant model government school buildings in Remo land to Technology Hubs.

The following are the objectives of this agenda:

  • Improving human capital to become effective players in the economic development of Remo land.
  • Collaborating with more government programmes (such as Ogun Job Portal) to channel technology solutions towards the administrative challenges of the government in catering for the wellbeing of citizens.
  • Building a sustainable system for stimulating and developing the Information Technology ecosystem in Remo land.
  • Rapidly providing conspicuous benefits for the populace via the operations of the Technology Hubs and stimulating the activation of Technology hubs in other zones of Ogun state.
  • Supporting the government to achieve the objective of creating the path for emergence of the state as a leading player in the digital economy.

LEAD Resources believes that the conversion of one of the old, model schools in Remo land to a Technology Hub for Ogun state will symbolize the commitment of Remo community to Human Capital Development, empowering the people with relevant competencies for this digital age.

LEAD RESOURCES TO SERVE AS MODEL FOR YOUTHS IN INNOVATION AND ENTREPRENEURSHIP

The third agenda of the collaboration is for LEAD Resources to serve as a model in Nigeria for building innovation and entrepreneurship capacity in Nigerian youths. This cause is towards raising competent youths for the achievement of the Sustainable Development Goals (SDGs) and active participation in the Digital Economy.

At LEAD Resources, we believe the youths can be developed and mobilized for the overall acceleration of Nigeria. Via a structured process of providing relevant education and harnessing talent and energy, the Global Goals – living well, living happy and living large – can be the new normal for the Nigerian youth. LEAD Resources seeks to accomplish this by engaging the youths in pragmatic trainings of the Digital Economy Competence Systems such as:

  1. General SDG Awareness
  2. Digital Economy Competencies
  3. Personal Talent Profiling and Management
  4. Solution Conference and Design Thinking
  5. Community Solution Clusters
  6. Start Up and Scale Up Academies

In conclusion, LEAD Resources is enthusiastic to collaborate with RemoGDF towards the implementation of these initiatives which will foster creativity, innovation and entrepreneurship amongst Remo indigenes while also enabling the community (and beyond) to achieve the Sustainable Development Goals.

Categories
Entrepreneurship Technology and Innovation

LEAD Resources to Collaborate with Ogun State Ministry of Youth and Sport for Sustainable Youth Development Initiatives

Patently, the Ministry of Youth and Sport has consistently devised means to develop the latent potential of the youths of Ogun state. Therefore, LEAD Resources has sought collaboration with the Government via the Ministry of Youth and Sport to serve as a model for building innovation and entrepreneurship capacity in Nigerian youths.

This cause is towards raising competent youths for the achievement of the Sustainable Development Goals (SDGs) and active participation in the Digital Economy. LEAD Resources seeks to accomplish this by engaging the youths in pragmatic training programmes on the Digital Economy Competency Systems such as:

  1. General SDG Awareness
  2. Digital Economy Competencies
  3. Personal Talent Profiling and Management
  4. Solution Conference and Design Thinking
  5. Community Solution Clusters
  6. Start-Up and Scale-Up Academies

General SDG Awareness

This will be provided through a cascaded training process (including the training of trainers so as to ensure effective coverage and delivery) of the essential elements, philosophies and justification of the SDGs for the youths. It will create a compelling case for committed action towards achieving the Global Goals through the engagement of ideas, enterprises of AYEEN and stakeholders.

Digital Economy Competencies

This will complement the normal academic curriculum with the relevant digital competencies to thrive in this digital age. Youths will be groomed to maximize opportunities and create defined career paths in corporate work, entrepreneurship and academia. The top-up programme will update their awareness of the digital economy and foster an appreciation of the forces driving and shaping the global economy.

The course will develop entrepreneurs by equipping them with the tools, skills and techniques to operate the levers of the 4th Industrial Revolution. In turn, this will reinforce the relevance of convergence and disruptive technologies and highlight the limitless possibilities for widespread solution creation.

Also, it is intended that the youths will be able to recognize the paradigms and gaps of their current disciplines and maximize the opportunity to adapt insights for application in the digital economy.

Personal Talent Management

This will explore the personal skills, profile and brand management of youths in their sphere of influence. This will provide the opportunity for an objective and thorough assessment of each entrepreneur covering who they are, where they are, what they are capable of and what is required of them to be accurately positioned as competent players in the digital economy.

Solutions Conference and Design Thinking

The Solutions Conference seeks to prepare the participants for solutions generation in services, products and applications that meet the needs of the community. This engagement will involve sessions on emerging technologies and relevant skills that can facilitate the building of products that can scale to wider domains. The conference will also involve the process of design thinking, the process of idea validation and the creation of minimum viable products.

Community Solutions Clusters

This involves the formation of clusters of youths in various communities and sectors that will use the acquired competencies from the previous stages to create and maintain solutions that can address the needs of their market and stakeholders. It will produce an understanding of the value chain in the market and how digital technologies can be used to address the needs and the expectations of employees, customers and other stakeholders.

Start-Up and Scale-Up Academies

The Start-Up and Scale-Up Academies are targeted at the application of promising ideas from the previous stages. They teach practical involvement in the business life cycle, the process of determining and attaining the required financial resources for business growth and the necessary digital skills to attract, reach and retain the market as well as understanding the performance and potential of customers, products, markets and the organization.

On Thursday 30th January 2020, LEAD Resources held a meeting with the Hon. Commissioner for Youth and Sport, Dr. Kehinde Oluwadare at M.K.O. Abiola Stadium, Kuto. At the meeting, LEAD Resources delivered a presentation on how these initiatives can help the Ogun State Government build the capacity of youths for employability in the digital economy.

In attendance was The Permanent Secretary of the Ministry of Youth and Sport, the Special Adviser to the Governor on Job Creation and Youth Empowerment as well as other directors of the Ministry. They were all impressed by the delivery and content of the presentation and expressed willingness to collaborate with LEAD Resources on these programmes.

At LEAD Resources, we believe the youths can be developed and mobilized for the overall acceleration of Nigeria. Via a structured process of providing relevant education and harnessing talent and energy, the Global Goals – living well, living happy and living large – can be the new normal for the Nigerian youth.

Categories
Technology and Innovation

LEAD Resources, Ogun Tech Hub & Data Science Nigeria Collaborate to Build a Data Science/AI Community in Ogun State

Data Science Nigeria (DSN) is a non-profit with a vision to develop Nigeria’s AI ecosystem and position the country as a world-class AI skill, research and outsourcing destination with opportunity to access 2-3% share of the estimated global Artificial Intelligence GDP contribution of up to $15.7 trillion by 2030.

In January 2020, the Chief Solutions Architect of LEAD Resources, Mr. Kehinde Sogunle, held a meeting with the Management of DSN to establish a partnership agreement on the strategic implementation of 3 Data Science Nigeria initiatives in 2020 which are:

  1. TRAIN-THE-TEACHERS ARTIFICIAL INTELLIGENCE (AI) MASTERCLASS:

This is a one-day Masterclass on Artificial Intelligence and Python Programming for Basic 5 – 9 Computer Science teachers scheduled to hold on the 27th of February, 2020. There will be a giveaway of three hundred copies of the premiere Beginners’ Artificial Intelligence book for Nigerian Primary and Secondary Schools. This masterclass will be facilitated by tutors from Data Science Nigeria and LEAD Resources.

2. FREE PRE-UNIVERSITY/BEGINNERS’ 6-WEEK INTRODUCTION TO MACHINE LEARNING/PYTHON PROGRAMMING:

This is a free introductory class to Machine Learning & Python Programming for pre-university students or beginners scheduled to hold for four (4) hours every Wednesday between February 5th and March 11th, 2020 (for 6 consecutive weeks).

Access will be given to DSN’s AI Knowledge Box (a 4-terabyte hard drive containing 17,000+ Data Science videos, e-books and data sets). There will be a giveaway of the premiere Beginner’s Artificial Intelligence book for Nigerian Primary and Secondary Schools. This masterclass will be facilitated by tutors from Data Science Nigeria and LEAD Resources.

3. ARTIFICIAL INTELLIGENCE (AI) INVASION:

The AI invasion is a 5-day introduction to two learning streams: Introduction to Python Programming and Introduction to Machine Learning. It will run concurrently across 50 cities in Nigeria. It is scheduled to hold between March 9th and April 10th, 2020. This invasion will be hosted by LEAD Resources and facilitated by DSN.

Aforementioned are some of the initiatives put in place to build a robust and impactful knowledge-driven ecosystem in the state. This collaboration seeks to birth the Data Science dream of raising one million AI talents in ten years.