HALF-YEAR PERFORMANCE REVIEW/ MID-YEAR GROUP WORKSHOP

In a bid to evaluate our business activities for the first half of the year and re-position our emerging businesses for future growth, Masters Energy Group’s Half-Year Performance review and Mid-year Workshop took place from the 10th – 11th July, 2015 in Lagos. The performance review was organized to identify accomplishments and performance gaps in the operation of the Group for the first half of the year, and set goals for the 2nd half of the year. Also the Group held a One-day Workshop on “Driving the Non-Oil Business” for all subsidiaries of the Group.

The workshop started with a brief opening remark by the President, Masters Energy Group, Dr. Uchechukwu Ogah, who spoke on the need for every staff of the Group to think outside the box to provide desired solution in all business areas of the Group. He also asked staff to develop the ownership spirit and strong commitment in all activities of the Group.

He encouraged staff to work as a team to create a stronger brand in the market place and   positively project “Masters” brand in all activities where they find themselves. He stressed the need for staff to position themselves for promotion and other motivational packages by adding and creating values in the system.

Setting the agenda, the VC/CEO, Masters Energy Group, Sir Vincent UK Ajala used the opportunity to welcome everyone for attending to the workshop. He informed that “this workshop is an avenue for interaction and networking on strategies to move the Group forward. As we know the Group is moving strongly towards the non-oil sector of the Nigerian economy to become a Global brand that creates value and to contribute a high stakes in the GDP of the economy.

Sir Ajala also added that Masters Energy Group in its short years of existence has contributed immensely to growth of the economy through job creation and empowerment of Nigerians with its presence in every sector of the economy. He added that the workshop is as a way of evaluating our steps and re-strategizing for future growth.

The Group Chief Operating Officer, Mr. Ajay Pandey in a session, made a presentation on the topic “Our Expanding Businesses”. He reviewed all emerging and existing non-oil business areas of the Group including Masters Water & Beverages, Plastic Plant, Noodles Plant, Masters Rice, Masters Lubricants & Greases, Masters Gas, Organic fertilizer Plant, Wilson’s Wines e.t.c .

He said that the reason behind Masters Energy Group’s rapid expansion into other business areas is to create more job opportunities and further contribution to national economy. Mr. Pandey also informed participants that the recent developments within the Group present a lot of career opportunities for well performing staff to take up strategic positions. He said, “I urge you all to develop entrepreneurial or ownership spirit and be committed to making sure successes are achieved in the different and emerging non-oil business areas”

A Plenary session anchored by Group Head, Audit and Risk Management, Mr. Ogbonnaya Onu discussed on the Topic: Developing a Performance Driven Organization where the panelist ranging from Mr. Charles Eboka, Mr. Jonathan Nwora, Mr. Chibuzor Duru, Mr. Sebastian Nwachukwu, Mr. Obi Augustine Chukwu, Mr. Omoaka Matthew, Mr. Otigba Chukwudi and Mr. Yinka Adejumo discussed issues bordering on Goal Alignment, Employee Performance Appraisal, and Talent Management.

The highlight of the workshop was the unveiling and endorsement of the Total Quality Management (TQM) by the Executive Management of the Group. Some of the other topics discussed include; Economic Outlook for Businesses in the New Political Dispensation, Presented by Mr. Olufemi Sotunde, Benefits of Effective Communication Management Techniques, Presented by Oak Interlink and Health Talk, Presented by Novo Health ltd.

The workshop was attended by all members of Masters Energy Group.