Waste Management in Nigeria

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<ul><li>1.WASTE MANAGEMENTIN NIGERIAINTERNATIONAL HR MANAGEMENTATLANTA MODULESPRING 2012 BANJI BAMGDBADE RIZWAN HABIB DEREK MITCHELL EMEKA ODENIGBO</li></ul> <p>2. WASTE MANAGEMENT INC. 3. Founded in 1894 Headquarters in Houston, Texas Largest waste disposal company in North America $13 billion revenue in 2011 20 million customers Strategic acquisitions ($800 million) Invest in waste-to-energy production since 2007 Shanghai Environment Group Waste-to-energy plant in VirginiaWaste Management Inc. 4. Invest in recycling and new waste technology Waste-to-energy Landfill gas to energy Recycling Land reuse $500 million to increase fleet fuel efficiencyThink GreenFrom everyday collection, to environmental protection, Think Green.Think Waste Management 5. Invest in recycling and new waste technology Waste-to-energy Landfill gas to energy Recycling Land reuse $500 million to increase fleet fuel efficiencyFrom everyday collection, to environmental protection, Think Green.Think Waste ManagementThink GreenWaste Hierarchy 6. WELCOME TO NIGERIA 7. Country Profile Most populous country in Africa One third larger than Texas Government: Multi-party federalsystem Literacy rate: 68% Multiple ethnic groups 50 languages 250 dialects 8. GDP: $357.2 billion Per capita: $2,400 Real growth rate: 5% Inflation: 11.5% Unemployment: 21% Agriculture Arable land: 33% Cocoa Peanuts Palm oil Corn Imports: $50.7 billion Machinery, chemical,transport equipmentBusiness Environment Labor force: 50.13 million Industries Crude oil, textile, coal,tin, steel &amp; cement Exports: $60.9 billion Petroleum Communications Main lines: 1688 million Mobile: 42 million Internet users: 10 million Transportation Total: 194,394 km Highways: 3,505 km Waterways: 8,600 km 9. Waste Disposal Problems Tons of waste produced daily Ineffective waste management Current disposal methods cause environmentalhazards 10. Waste Disposal ProblemsDUMPINGINNIGERIA 11. BUSINESS PROPOSAL 12. Greenfield &amp; Joint-Venture relationship Partnership with Nigerian government Waste Management: 51% share Nigerian government: 49% share Decision factors Lack of work process standards Sustainability Partnership incentives (equipment, location etc.) Investment $52 million dollars in Lagos $50 million from Nigerian governmentMode of Entry 13. Recruitment Staffing &amp; employee development Training Compensation Performance Management Performance measures and indicators Labor relations Health &amp; safetyHuman Resource Management 14. Financial returns Local acceptance Cleaner and healthier environment ExpansionMeasures of Success 15. Organizational StructureCEOVP-HR/Admin VP-LogisticsVP-IT VP-CustomerServiceVP-OperationsEmployeesManagement Management Management ManagementManagement ManagementManagement Management ManagementManagementCIOCFO COO 16. Lack of infrastructure Corruption Absence of waste reuse &amp;recycling Country instability Lack of record keeping Technological advantage No local capacity tohandle increasing wastemanagements needs Business growth Nigeria will embraceforeign investment Market experience Established industrycompetencies Offer more services thanlocal companies Waste processing,recycling, sale ofrecycled goods Revenue opportunity Large underserved marketPros Cons 17. FEASIBILITYFailureSuccess 18. Higher than average chance for success No substantial investment by local company Technical capacity not available locally Tax breaks and guarantees Government grants tax breaks to foreign companiesrequiring special infrastructure Exclusivity rights 5 year guarantee Create opportunity to recoup investmentFeasibility 19. Sell controlling share to Nigerian government Alternative is to sell a private company Acceptable losses Expect to recoup 60% - 80% of initial investmentExit Strategy 20. THINK GREENContact Info.Derek Mitchelldlmitchell3001@gmail.comwww.linkedin.com/in/dereklmitchell </p>