Determined to turn around medium and large scale enterprises in Nigeria, Executive Intervention Consult (EIC), a consulting firm, has launched into the intervention space of business consulting in Nigeria, with the aim of ending the high rate of business failure in Nigeria and the entire West African region.
Executive Intervention Consult, which aims to make underperforming businesses its primary focus, will also provide support for organisations interested in buying investment assets such as investment institutions, portfolio managers, asset, and fund managers among others.
EIC also aims at improving operational efficiency, delivering profitability, sustainability and getting underperforming businesses back to their full potential.
Speaking at the media launch in Lagos on Wednesday, Leke Olufade, lead consultant of EIC, pointed out the need for executive competence in business, lack of which has been the bane of business sustainability.
According to him, businesses fail not due to lack of resources, market or innovative ideas but due to absence of managerial excellence at the top called executive skill.
“EIC is taking the bold step to reverse this narrative by providing executive management skills and competences to organisations and businesses by supporting them to achieve their objective and satisfy their stakeholders,” Olufade said.
Olufade listed the unique service offering of the firm to include unlocking business potentials through executive leasing, executive manpower design and development, due diligence and execution roadmap, corporate business performance and other value added service offerings.
Earlier in his welcome, Joe Dada, principal consultant, reinstated the timeliness of the launch, stating that the firm was specially positioned to turnaround targeted businesses through direct professional and expert intervention.
“We are aware of the current economic challenges in Nigeria which has been further exacerbated by the outbreak of COVID -19 pandemic, and its unfolding negative impact on businesses. Therefore, there is no better time than now to support businesses to revive and reverse their losses with a view to delivering operational efficiency, profitability and sustainability,” Dada said.
He stated that EIC is poised to providing effective executive support services leveraging on people, process and technology going by the cream of its experienced professionals, who have acquired executive competences through exposures in the leading corporate culture in Nigeria.
He added that EIC management team know what corporate performance means and can therefore help to unlock it in any situation including those in troubled businesses having spent years in the corporate world.
He however expressed the firm’s readiness to interact with the business world in the next few months on this initiative through various platforms and planned activities in reaching out.
