Alliance & General Insurance Plc management staff and heads of departments recently converged at the 2024 strategy session to chat forward for the coming year.
Aluor Agusah, Chief Marketing Officer, Alliance and General Insurance Plc, said in a statement that the three-day event, which ended December 2, 2023, at the College of Insurance and Financial Management (CIFM), Lagos-Ibadan Expressway, Asese, Ogun State, with a guiding theme: ‘Rejigging the Power Behind You’, provided the Alliance & General team a platform to make a comprehensive evaluation of the company’s standing, mission, vision and the intricacies of its strengths, weaknesses, opportunities and threats (SWOT) analysis.
He said spearheading the strategic discussions were key figures of the management team, including the Managing Director/CEO, Felicia Bolajoko David; Executive Director of Operations, Olafisoye Folashade, and the Executive Director, Olatunde Talabi.
“The consultancy expertise of Fuller Yield Consults, represented by Steve Olayinka, Dr Tope-Philips Aikhuemelo and Lateef Barnabas, proved instrumental in steering the sessions towards a pragmatic and forward-looking approach. The team was brought face-to-face with the stark realities of the market and through the guidance of the consultants, Alliance & General Insurance Plc developed a robust action plan for the upcoming year.
“We evaluated where we stand as a business, where we rank and how we can leverage opportunities while mitigating threats. The discussions were not just about profit margins, but the core values and culture that define us as an organisation,” David stated.
According to the insurer, the strategy session was not focused mainly on business outcomes but recognising the importance of a harmonious and motivated team, the event also incorporated training on personal hygiene, wellness and health.
The management team and department heads participated in recreational activities designed to foster team cohesion and create a workplace that transcends the boundaries of professional responsibilities.
“We are not just a company; we are a community. Our success is deeply intertwined with the well-being and unity of our team. The training sessions on personal hygiene and wellness were not just a corporate initiative but an investment in the health and happiness of our most valuable asset – our people,” Folashade Olafisoye, Executive Director of Operations stated.
“As Alliance & General Insurance Plc looks towards the horizon of 2024, the echoes of the strategy session resonate with a renewed sense of purpose and commitment to innovation and inclusivity. The company stands poised to navigate the complexities of the insurance landscape with resilience and determination, embodying the essence of rejigging the power behind you,” the firm further said.
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