The collapse of corporate organizations is linked to several factors. While we cannot disregard the force majeure phenomenon, failure to comply with best global practices top the list of business risks. As businesses struggle for survival due to growing challenges, a number of them would rather stick to high standards of quality that their brand names are known for.
It goes without saying that these businesses have integrity ingrained in their operations; in fact, they have included it into their mission statements such that individuals of high repute and honor occupy their board and management positions.
Despite the fact that there are some companies that do not implement global practices in their daily operations, many more in the nation have demonstrated beyond doubt that they value their integrity by upholding ethical standards in their respective industries while continuing to be truthful in their local and international business dealings.
In this special report titled Integrity In Business- Special Report on Firms with Integrity and High Ethical Values, we will be unveiling some reputable firms in the corporate environment that have operated over the years with no blemish at local and international levels and can be relied upon business-wise.
This is part 3 of the Special report.
Project Coordinator- Charles Dare ([email protected])
Mr. Teinbo Briggs, President & CEO, Jahcon International Limited
JAHCON INTERNATIONAL LIMITED: DISTINGUISHED BY ITS COMMITMENT TO QUALITY SERVICE DELIVERY
Consistent delivery of high quality services with integrity has been the hallmark of Jahcon International Limited’s corporate identity. The Teinbo Briggs Jnr led indigenous firm is totally committed to the client’s needs, provision of fast, responsive and trouble-free services utilizing experienced and professional personnel that pay adequate attention to quality and details. JAHCON is committed to expanding local content to guarantee availability of test and proven Nigerian expertise.
In response to the firm’s recognition by The Guardian, its CEO gave insights into different sectoral and national issues.
What measures has the company implemented to ensure daily operational activities align with integrity-driven practices?
JAHCON has an Anti Bribery & Corruption Policy which is strictly adhered to by management and all members of staff. It is our policy to conduct all of our business in an honest and ethical manner. We take a zerotolerance approach to Bribery and Corruption and are committed to acting professionally, fairly and with integrity in all our business dealings and relationships wherever we operate and implementing and enforcing effective systems to counter bribery. 1.2 We will uphold all laws relevant to countering bribery and corruption in all the jurisdictions in which we operate. We remain bound by local and national laws
What is your company’s approach to Health, Safety, and Environment (HSE) management?
In JAHCON, we are all committed to: Pursue the goal of no harm to people (GOAL ZERO); Protect the environment; Use materials and energy efficiently and minimise waste; Consult with our stakeholders and publicly report on our performance; Play a leading role in promoting best practice in the industry; Manage HEALTH, SAFETY and ENVIRONMENT matters as any other critical business activity; Promote a culture in which all NLNG contractors and employees actively demonstrate personal commitment to HSE; Proactively manage the safety and integrity of our assets by continuously applying proven protocols and standards.
What are projections for portfolio expansion and growth over the next 3-5years, including strategic initiatives, market diversification plans, and anticipated challenges?
JAHCON owns a fantastic facility ” One World Maintenance Center” that is continuously upgraded to carry out maintenance of heavy duty machinery and rotating equipment. First of its kind in this part of the world. We will specialize in rebuilding/fabrication of all types of Engine blocks including Diesel and Gasoline, Automobile Engines, Power Generating Engines, Heavy Lifting and Construction Equipment Engines, Industrial Machinery Engines. Our goal in the next year is to secure contract manufacturing positions, while the next five years is to continue with our “value added” scheme and embark on a full-fledged manufacturing program by acquiring or partnering with companies engaged in services that complement our processes.
DRIVING GROWTH THROUGH INNOVATION AND INTEGRITY: SUBSTRATA OIL & GAS LIMITED’S SUCCESS STORY
Dr Kayode Thomas, PhD, MSc, MBA Managing Director
Incorporated in 2006 to carry out oil field services to the Oil and Gas industry in Nigeria, Substrata Oil and Gas Limited is a wholly Nigerian-owned with local and international affiliations and partnerships. Its operations are knowledge-driven driven backed by technology.
Can you share some core values that have driven Substrata Oil & Gas Limited over the years?
At Substrata we believe in Integrity whenever and wherever we transact business. Our motto is “Sempre et ubique fidelis” which, in English, means “Always and Everywhere Faithful”. Every member of our team has been indoctrinated with this principle and it guides all our transactions.
Excellence in the services we render is fundamental to our business growth. We believe that excellence in our services guarantees our company a superior marketshare and a prosperous future.
To deliver excellent, cost-efficient and effective services, we must work together to synergize our various and varying expertise to bear in our service delivery. In light of this, Team Spirit is fostered amongst our employees. It’s our interactions everyone is important!
As a responsible corporate organization, we ensure that our impact is felt in the communities we work and live. We have a scholarship program for indigent students in our communities, we conduct needs assessments in our communities and meet identified needs if they are within our financial capacity.
How does the company prioritize and promote a culture of integrity within the organization?
All our contractual relationships are evaluated for established factors. Integrity is a culture in our organization. Noncompliance is met with serious consequences. We have policies that guide our actions on how relate with each other and our esteemed clients.
What are the company’s strategies for ensuring safety and environmental sustainability?
Substrata has clear and unambiguous policies on Health, Safety and Environment. The policy guides all our employees on how we interact with our environment. Our strategies are tailored to the environment in which we carry out our activities. There are tolerances set for carbon emission, waste handling – reduce, reuse and recycle, and other Key Performance Indicators.
Can you describe Substrata Oil & Gas’s approach to innovation and technology adoption in its operations?
At Substrata we believe that our competitive edge can only be enhanced with superior technology. We have strategic alliances with innovative foreign partners where we intimate them with challenges experienced, in the field during operations, with existing technologies and work with them as a team to work on improvements to ameliorate perceived challenges.
As a player in the Nigerian oil and gas industry, what makes your organization unique and to what extent would you say your company has contributed to the local content initiative?
From the discussion so far, you would have noticed that at Substrata we take innovation seriously. We are proud to say that we are at the forefront of indigenous companies that introduce new cost-efficient and effective technological solutions to the oil and gas industries in Nigeria. We came into existence as a result of the government policy to increase local participation in the Oil and Gas industries. Our commitment to the success of the local content policy is total. Our ability to integrate Nigerians with the fast-paced changing technologies in the oil field lends credence to our commitment to local content initiatives.
What are Substrata Oil & Gas Limited’s whistle-blowing policy and procedures?
Substrata employees are encouraged to report all non-compliant activities deemed or perceived to a dedicated email address. The email can decide to be anonymous or the reporter may choose to identify himself or herself. Every reported incident is investigated and dealt with. Punitive measures for being complicit depend on the severity of the activity.
What are the company’s plans for expanding its operations and investments in Nigeria?
We are making plans to diversify to other sectors of the economy. It will interest you to note that our plans are not fossil fuels related. The drive for cleaner sources is gaining momentum and Stratata is actively looking at cost-effective options for a nation with their abundance of seals, where the wave energy in addition to solar and green energy can be harnessed. We are going into the mining sector and we are at the advance stage of launching the Subtrata Farm in Rivers State.
