Overview

The seminar gives project analysts and managers who recommend or make decisions on capital investment projects in the oil and gas industry, a thorough background and understanding of the general concepts, procedure and terminology of project economic and profitability analysis. In particular it emphasizes the peculiarity and fiscal arrangements of the Nigerian petroleum industry.  It also provides participants with a quantitative consideration of risk and uncertainty, and how these factors can be used in formulating investment strategies in the petroleum industry. It introduces comprehensive ways to evaluate and compare risks associated with different investment choices (using computer aided concepts e.g. Monte Carlo Simulation techniques).

Case studies and examples are drawn from petroleum producing industry projects.

Programme

Measures of Profitability

-     Cash Flow Concepts; Profit indicators

-     Time value of Money

-     Cash Flow Discounting & Compounding

-     Profit Indicators; NPV, IRR, Pay-out, etc

-     Computer Spreadsheet Application

Analysis of Petroleum Investments

-     Cash Flow Forecasting, Sensitivity Analysis

-     Taxes, Depreciation/Capital Allowances, Inflation

-     Contracts & Fiscal Arrangements in the Petroleum Industry

-     The Nigerian Petroleum Industry

Risks & Uncertainties in Oil & Gas Investments

-     The Concept of Risk and Uncertainty

-     Expected Value Concept; Decision Tree Analysis

-     Cost of Technical Information

Quantifying Investment Risks

-     Distributions & Project Risk Profiles

-     Sensitivity to Risk in Petroleum Industry Projects

-     Monte Carlo Simulation Concepts

For Whom:

Senior Executives, Engineers, Geoscientists, Planning & Investment Analysts, Accountants, Project Managers, Bankers, Insurance Managers and Project Consultants.

July 28 2008 - August 01 2008

09:00: AM - 05:00: PM

Genesis Place Hotel, Plot 198/199 Rumuogba Estate, Off Aba Road, PortHarcourt, Rivers State

Discounts (Only One Category Applicable)
3-4 nominations - 10%
5 or more nominations - 15%
Active LBS Alumni- 20%
Full Payments Made before July 21 2008 - 10%
Cheque to : Lagos Business School

Non-Residential

Facilitators

Chiemeka Ojiabo FCA, MBA

Chiemeka is a Chartered Accountant with several years auditing, consulting and investment banking experience before joining the LBS in 1993. He has an MBA from IESE Business School, Barcelona, specializing in Business and Financial Reporting & Analysis. He recently completed academic research visits both to the Wharton School, University of Pennsylvania, Philadelphia, and Stern School of Business, New York University (NYU), New York, which included a research stint at Pryor, Counts & Co. Inc. (Investment Bankers), Philadelphia. He brings into his teaching, research and consulting his knowledge of the Nigerian as well as European and North American perspectives.

• Engr. Thad Enyinna

Corporate boards are faced with ever-increasing challenges, and are expected to fulfill a formidable mass of responsibilities in a limited amount of time. These challenges include enabling a group of independent directors to understand their company's business so that they can approve the company's strategy, monitor its performance, evaluate and compensate their chief executive officer, enhance the development of the next generation of top management, and ensure compliance with laws, regulations, and ethical standards. Directors have to seek to improve and nurture their board's effectiveness. The effectiveness with which Boards discharge their corporate and statutory responsibilities will substantially affect their performance. They also have to manage the responsibilities of their boards towards customers, suppliers, employees, regulatory bodies, and the general public. The power to improve the performance of corporate board resides almost exclusively within the boards themselves.

Objectives

Making Corporate Boards More Effective is intended exclusively for Board Chairmen and directors, including board leaders of public companies, and concentrates on cutting-edge techniques, strategies, and action plans for improving board design, refining approaches, maximizing individual contributions, and enhancing corporate governance.  You will acquire valuable strategies for strengthening board performance, as well as specific ideas for improving your personal contribution to your board.

Scope

The comprehensive curriculum examines board issues in the overall context of structuring a relationship that not only promotes cooperation between the board of directors and corporate management, but also ensures sound governance. 

Key topics include:

-   Making the Board more Strategic

-   Corporate Governance Best Practices

-   Dynamic, constructive Board meetings and time-efficient agendas

-   Effective use of Committees

-   Evaluation of the Board and its members

-   Unanticipated company crises or opportunities, such as takeovers and CEO firings

-   Perspectives to the legal responsibilities of directors

-   Board  Stakeholders Relationship

July 29 2008 - July 30 2008

09:00: AM - 05:00: PM

Lagos Business School (LBS)
2 Ahmed Onibudo Street,
Victoria Island,
Lagos.

Discounts (Only One Category Applicable)
3-4 nominations - 10%
5 or more nominations - 15%
Active LBS Alumni- 20%
Full Payments Made before July 22 2008 - 10%
Cheque to : Lagos Business School

Non-Residential

Facilitators

Juan M. Elegido, LLM, PhD, FCIT

Professor Elegido is the Dean of the Lagos Business School. His main area of academic interest and activity is Business Ethics. He has been an active participant in the Nigerian Economic Summit meetings since their inception and was the chairman of the Human Capital and Quality of Life Workgroup in the Summit No. 9 (2002). He was also a resource person to the Vision 2010 Committee and serves as director or chairman in several organizations. He is the author of four books: Jurisprudence (1994), Fundamentals of Business Ethics (1996), Una Comunidad de Servicio - Ensayos en Etica de la Empresa (2000) and Business Ethics in the Christian Tradition (2003). He has also published numerous articles on Law and on Business Ethics in academic and professional journals. He is the winner of the BEN-Africa/KPMG award for the best business ethics case study in Africa.

Dr Christopher Kolade CON

His Excellency Dr Christopher Kolade, CON was former Nigeria’s High Commissioner to the United Kingdom. A veteran broadcaster and colonial era Education Officer, he has been, at different points of his career, Director – General of the Nigerian Broadcasting Corporation, Chief Executive and Chairman of Cadbury Nigeria Plc. Dr Kolade is presently a Lecturer in Corporate Governance and Human Resources Management at the Lagos Business School and a member of the governing council of the Pan-African University.

Chris Ogbechie, BSc (Mech. Eng), MBA

Mr. Ogbechie has his first degree from Manchester University and MBA from Manchester Business School. He has wide experience in marketing and strategy derived from his work as Head of Marketing/Sales at Nestle Nigeria, Xerox and from his consulting work with Nigerian firms over the years. While in Nestle he had wide international exposure in Malaysia, Singapore and Switzerland.His current research interests are in strategy and corporate governance. His recent publications are – Dynamics of the Nigerian consumer banking market and Challenges of strategic planning in Nigeria. He has been involved with several start-ups and he is on the board of several companies.He teaches strategy in the school

Adedoyin Salami, BSc., MSc., PhD

A doctorate degree graduate of Queen Mary (now Queen Mary and Westfield) College, University of London, ‘Doyin. Salami, an Economist, is currently a full-time member of the faculty at the Lagos Business School (LBS), Pan African University. In this capacity, he leads sessions in Economic Environment of Business and Corporate Finance. His research interests include: Issues in long-term financial management; Corporate Competitiveness and Risk Management; Macroeconomic Policy; and Financial Access for Small Medium Enterprises (SMEs); Prior to Joining the LBS faculty, he was a Partner with Edward Kingston Associates where he had responsibility for building a macro-economic model for the Nigerian economy. ‘Doyin’s consulting activities have included assignments for the World Bank, UNIDO, USAID and Danish Industries.

• Fabian Ajogwu

The purpose of this seminar is twofold: 

1)   To expose participants to a process to help them work smarter; and

2)  To practice this “working smarter” process using examples (marketing mini-case studies) from a number of industries (consumer packaged goods, financial          services, governmental units, industrial goods, NGOs, universities, etc.) in both developed and developing-world settings.

Programme

Topics addressed by this seminar will include: 

-   A conceptual framework for “working smarter;”

- Practice applying the “working smarter” framework to a variety of marketing-related problems and opportunities. 

The marketing-related problems and opportunities to which seminar participants will practice applying the “working smart” framework will depend in part on the interests of the participants; however, specific areas of marketing likely to be addressed include: 

- Advertising

- Brands and Branding 

- Customer Relationship Management (CRM)

- Customer Satisfaction

- Segmentation, Targeting, and Positioning (STP)

- Pricing; Product Development

- Sales and Sales Management-Related Issues

- Service Quality

- Turnaround Strategies

For Whom:

Marketers at all levels (Directors to trainees) interested in improving both their Own performance and the performance of their organization

July 29 2008 - July 30 2008

09:00: AM - 05:00: PM

Pan African University
Km 49 Lekki - Epe Expressway,
Ajah, Lagos.

Discounts (Only One Category Applicable)
3-4 nominations - 10%
5 or more nominations - 15%
Active LBS Alumni- 20%
Full Payments Made before July 22 2008 - 10%
Cheque to : Lagos Business School

Non-Residential

Facilitators

• Dr D.K. Skip Smith

The Strategic Supply of Goods, Works and Services is the act of satisfying business requirements from markets through the proactive and structured analyses of Supply Markets and the selection of capable Suppliers/Contractors to meet the agreed business needs. Typically, many business organizations in Nigeria have always encouraged “reactive supply contract management which largely deploys only-one-tool-fits-all approach” to the detriment of Corporate Governance and Profitability.  Furthermore, the consequences of poor supply contract management which physically manifests quite often in collapsed corporate buildings, abandoned and delayed projects and high operating costs, abound in our economy. 

The impact of strategic supply contract management can no longer be ignored given that total contract expenditures are now in excess of 50 percent of corporate revenue in almost every sector of the economy, and thus offers huge potentials for savings. This four-day program will address these issues.

Programme:

In our desire to assist business organizations equip their personnel with the necessary skills and tools, the programme content has been broken down into:

-               Positioning for strategic supply contract management

-               Understanding customer and business requirements

-               Spend analysis including future spends

-               Strategic supply market analysis

-               Mapping supply chains of different categories to understand interdependencies, pricing patterns, margins, risks,

-               Generation of supply contract options and strategies

-               Developing contract plans

-               Implementing and monitoring contract plans

-               Performance measurement

-               Building relationships and ethical issues.

TEACHING METHODOLOGY

The course method would involve practical case studies, exercises and hands-on approach to aid mastery of skills and tools and the confidence required to apply in real life situations. Also, the participants will walk away with the techniques for designing and instituting supply contract guidelines and procedures for their organizations.