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Things You Should Know About the Professional Carpenters and Furniture Makers Association of Lagos State

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You probably would have heard about the Professional Carpenters and Furniture-makers Association of Lagos state(P.C.F.A.), but I’m pretty sure you may not have known exactly why they exist and what they really stand for. Ok! Let me get you to speed on that.

4 Things You Never Knew About the P.C.F.A Lagos state

1. As far back as the 1930s, the P.C.F.A. existed and operated under different names in various local government areas of Lagos State.

2. In 1990, a Mr. Adekunle Adedeji of Alapere, Ketu area of Lagos made a decision to organize a graduation ceremony for his apprentice who had just completed his apprenticeship. Mr. Adedeji decided to invite a couple of professional Carpenters within the Ketu, Alapere area to attend the function. While at the function, the group of Carpenters immediately saw a need to establish the association properly. The need arising from the fact that they all knew each other and at that period, there was no way to trace and recognize verified carpenters. So on July 2nd 1991 precisely, the Association was born, inaugurated and the first state executive election held.

3. The organisation currently operates a 3-tier government structure no different from the government structure of the Federal Government of Nigeria:
– Tier 1: Zonal (Community and grassroots)- Covers the Mile 12, Ketu, Owode, Ikosi, Shangisha areas, etc.
– Tier 2: Branch (Local government level)- Such as Kosofe local government area, etc.
– Tier 3: State- This is the highest decision making body of the Organisation. Tier 3 comprises of state executives, state elders and 3 representatives of each branch. All of which come from the different local government areas of Lagos State.

4. Currently, the P.C.F.A. conducts operations in all the local government areas of Lagos state, with the exception of Badagry. In addition, the association has about 5-30 zones per branch, with each zone having between 20 – 100 members.

Partnership With Jambolo.com

As a way of getting recognized, as well as to showcase the great services offered by registered members of the association, the leadership of the P.C.F.A made a strategic decision to partner with Nigeria’s No.1 aggregator of Artisans/blue collar services in Nigeria, Jambolo.com.

In one of the statements offered by the President of the association in an interview conducted during a visit to the associated, he said “Jambolo has provided a platform for us to showcase our products and services and as such we believe this partnership will place our members in a position to compete effectively and deliver quality services to our customers in Lagos State. We believe in Jambolo.com and so should you.”

Services Offered by the P.C.F.A
Installation Services:
Cabinet Installation and Repair
Handrails, Railings, and Stairways
Kitchen and Bath Wood Fixtures
Wardrobes
Maintenance Services
Wood Rot Repair
Termite Damage Repair
Wood Paneling

On Jambolo.com, you can be assured that every registered Carpenter is a professional, with a good portfolio, the right years of experience, has undergone proper verification and profiling.

The next time the need arises to engage the services of a Carpenter and you’re concerned about engaging someone with a good amount of experience, who will offer great service and whom you can also reach in terms of verification for the services provided; don’t look too far, visit Jambolo.com for that professional Carpenter and enjoy great service.

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Business

How Open Innovation Can Reduce Innovation Cost

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As mentioned in my previous article, investing in innovation will help you grow your business, stay ahead of the competition and help you take advantage of new technologies.

However, when it comes to innovating, the challenge for most companies is how to spend money smartly. To be able to innovate at an increased pace, companies need to reverse this predicament by weighing the costs with the potential profits and make the best decision.

One of the best ways to reduce the cost of innovation as a company is by applying open innovation methods and principles;

Open Innovation

Prof. Chesbrough defines open innovation as “the use of purposive inflows and outflows of knowledge to accelerate internal innovation. And expand the markets for external use of innovation, respectively”. The advice for companies looking to innovate is that they should make use of external and internal ideas or paths to market, as they look to maximize profits and minimize cost from their innovative activities.

Organizations are partnering with a wide range of external parties such as startups, software publishers etc to tap into their ideas, insights and solutions. With open innovation, you would be reaching a large group of potential partners quite easily. The good thing is, you would only pay participants if a solution is found. This way, the overall cost is likely to be smaller in relation to the amount of ideas and input. This is profitable for companies especially in a downturn.

For example, in 2006, Netflix offered a reward of 1M USD to the team that could deliver successful innovative method, instead of attempting to develop this internally with no guarantee of success. This process was cost-efficient and also reduced the risk of a failed investment. Although, Netflix did not use the original winning algorithm, there were other excellent candidates to choose from. They went with one of the runner ups who also had something close to what they were looking for.

This paradigm when done effectively would help mitigate many of the risks involved in innovation. Thereby giving you a better chance at securing the best results for your organization.

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Business

Top 3 Social Trading Platforms For Copy Trading

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social trading

Let’s talk about social trading networks, shall we?

Imagine earning from Forex or a trade without having to dedicate most of your time and resources. Imagine the ease of learning how each strategy works when it comes to trading. This is what social trading allows you to do and far more. What is social trading? You might ask, don’t worry, I will tell you.

Social trading is a form of investment that permits investors to watch the trading behaviors of both their peers and experts within the trading world. It allows you to follow their investment strategies using either copy trading or mirror trading.

This method of trading makes it easy for beginners to link their trading accounts to those of expert traders and imitate their trades automatically. It was even described by the World Economic Forum as a low, sophisticated alternative to traditional wealth managers. Little or no knowledge of the financial markets is needed.

Lately, social trading is being talked about as one of the best things to have happened to the online trading community. There are numerous Social trading platforms out there, it keeps increasing. However, here is our Top Three Social Trading Platforms with some of their main features;

1. Etoro

Founded and run by Yoni Assia, eToro is a great platform for starting traders. It provides a huge variety of investments and also a community of traders where users have the opportunity of interacting with each other like every other social media platform. With their News Feeds feature, users have the opportunity to monitor and manually copy any trader of their choice.

This platform has an interesting feature called the Copy Trading where users can automatically copy traders in bits thereby managing both exposures and risks. What I love the most about this platform is the free and unlimited demo account made available to everyone.

2. Naga Trader

They boast of having some of the best social trading features that include social networking, social trading, copy trading, and innovative investment services such as the NAGA portfolios.

Social networking involves, starting a unique project that traders from all over the world can join hands to work on. Copy-trading allows Naga traders to reproduce the success of elite traders and make it their trades.  These two practices have gained popularity within the global markets so much that Naga Traders were nicknamed – the “Tinder Of Trading”. This platform also gives you access to their social trading network where you meet, interact, and share with fellow NAGA traders

3. ZuluTrade

Founded in 2017, ZuluTrade is a Social trading system that works with dozens of brokers. It is best for hosting the most advanced social trading features. This platform works by gathering many elite investor trading data and records their trading strategies. You can analyze this in a minute and replicate their performance by customizing the risk and investment management. You can also have access to a free demo account, where would practically learn how to start and clarify your ideas.

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