The Managing Director and Chief Executive of Strategic Outsourcing Limited, Dr. Femi Ogunlowo, has urged businesses to adopt more flexible people management strategies in order to thrive in the increasingly volatile Nigerian economy.
The Managing Director of Strategic Outsourcing Limited spoke in Lagos State on Wednesday on the benefits of the firm’s Temporary Staff Services.
Ogunlowo noted that many businesses in Western economies continue to thrive because of their ability to adopt advanced people management strategies that help them to keep labour costs at more manageable levels.
A statement issued in Lagos quoted Ogunlowo as saying his company’s TSS offers similar innovative people management strategies that can help Nigerian businesses stay agile and responsive in the harsh economic environment.
He said in the statement signed by Dr. Akin Olaniyan, General Manager, Brand Strategy and Communication: “The TSS also holds the potential to revive the traditional practice of offering ‘holiday jobs’ to students, which once allowed young people to earn money during off-school seasons.
“With this service, students can gain valuable work experience and financial independence while still pursuing their education.”
TSS provides businesses with a flexible, efficient, and cost-effective solution to workforce management, which is essential in today’s challenging economic climate, Ogunlowo said, adding: “In addition, the TSS helps bridge the gap between formal education and skills acquisition, enabling individuals to work temporarily while continuing their studies.”
The introduction of TSS offers a lifeline to businesses in an economy where unpredictability often forces companies to make swift adjustments to their operations by delivering skilled temporary employees as and when they are needed.
SOL’s TSS ensures that businesses can respond rapidly to market demands, production schedules, and project deadlines.
Explaining the other benefits of the TSS to businesses and the Nigerian economy in general, Ogunlowo stated: “For retirees, TSS presents an opportunity to remain active in the workforce without the pressure of a full-time commitment.”
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Dr. Ogunlowo highlighted that TSS is particularly valuable for those who wish to work limited hours or days, offering them the flexibility to use their experience to earn income in retirement at a pace that suits them.”
He reiterated his company’s commitment to using its extensive network and expertise, to help businesses secure the required skilled workers at critical times, thereby enhancing operational agility.
That commitment, Ogunlowo stated, “allows business leaders to focus on core activities without interruption, positioning SOL’s TSS as a catalyst for success in Nigeria’s ever-changing economic landscape”.
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