RATIONALE:
The growing sophistication and complexity of Nigeria’s socio-economic environment has made pre-retirement planning a key corporate responsibility. When people leave paid employment, they must seek alternative means of living. For many, retirement represents a nightmare and a very sad experience only very few people look forward to retirement with expectation and excitement.
The reason is obvious; many Nigerians are accustomed to relative comfort during their working life and might not be able to keep the same level of living during retirement. Without effective planning and management of work life, retires are likely to experience extreme difficulties later in life.
It therefore becomes imperative for organizations to put together a hands-on pre-retirement programme for their workforce before their final exit. In addition, since retirement planning has been found to be more effective when started early in the work life of employees, it will not be out of place to incorporate younger staff of target organizations in the programme as participants.
The overall objective is to change their orientation and sign-post them into new and hopefully rewarding venture that will lead them into a more fulfilling retirement life.
OBJECTIVES/LEARNING OUTCOME
At the end of the training, participants will be able to:
- Perspectives on Retirement
- Relationship Management and Networking
- Personal Financial Planning
- Pension Fund Management
- Developing a Retirement Budget and Investment Plan
- Time Management and Personal Effectiveness
- Entrepreneurship and Business Management
- Business Ideas and Investment Opportunities Guidance
- Field Visi/Attachment Business Coach for guidance
- Business Plan Preparation, Evaluation and Presentation.
DELIVERY METHODOLOGY
Generic classroom training will be offered to all trainees. Thereafter, the class will be divided into groups so as to reflect the levels and business interest of the different groups.
Delivery Methods to be used will include: lecture, simulation, discussions, industrial visits and interaction with a business coach appropriate to a trainee’s business interest. Audio-visual aids will be used to reinforce these teaching/learning methods.
Given the environmental reality of most workplaces, as the workshop snowballs into the segment that deals with “Business ideas and Investment Opportunities Guidance”, there shall be different groups for various entrepreneurial activities. These will include:
- Agriculture and Agro-Allied ventures
- Educational and management consulting
- Portfolio Management
- Estate Management
- Hospitality Management
- Information technology related ventures
- Etc
TARGET GROUP
Executives, senior officers and junior staff preparing for retirement, especially those who are above 45 years
DELIVER MODALITY
The programme will run in two different classes. Class A will include senior and professional staff of the organization, while class B will include junior staff, security, drivers, sanitary operatives, etc. Please Note that the client will apply its insider discretions in allocating staff to appropriate classes.
In implementing the programme delivery strategy, the consultant will take into full account, the corporate status, intellectual capacity and financial capacity of the different classes in its interventions and recommendations.
| IRM 01 | Strategic Management Workshop on planning for Retirement | 4 weeks | May 2017 | Lagos/Abuja | N450.000 |
Location
New York