Act No 46 of 2023 Chartered the Institute

General management and strategic management are two distinct but interconnected aspects of managing an organization: General management: • It involves overseeing the day-to-day operations of an organization. • It focuses on tasks such as planning, organizing, staffing, directing, and controlling to ensure that the organization's daily activities run smoothly. • General managers are responsible for executing the organization's overall objectives and ensuring efficient use of resources. Strategic management: • It is concerned with the long-term direction and success of the organization. • It involves setting the organization's vision, mission, and goals, and then developing strategies to achieve those objectives. • Strategic managers analyze the external environment, identify opportunities and threats, and make decisions that will give the organization a competitive advantage. • It is about setting the organization's long-term direction and making critical decisions to ensure its success in a changing and competitive environment.

STRATEGIC MANAGEMENT OFFERS SEVERAL ADVANTAGES TO BOTH CAREERS AND BUSINESSES, IT PROVIDES A ROADMAP FOR SUCCESS, ADAPTABILITY, AND SUSTAINABLE GROWTH. • LONG-TERM PLANNING: IT HELPS IN SETTING LONG-TERM GOALS AND OBJECTIVES, PROVIDING A CLEAR DIRECTION FOR CAREER OR BUSINESS GROWTH. • COMPETITIVE ADVANTAGE: STRATEGIC MANAGEMENT ALLOWS BUSINESSES TO IDENTIFY AND LEVERAGE THEIR UNIQUE STRENGTHS, GAINING A COMPETITIVE EDGE IN THE MARKET. • RESOURCE ALLOCATION: IT HELPS ALLOCATE RESOURCES EFFICIENTLY, ENSURING THAT TIME, MONEY, AND MANPOWER ARE USED EFFECTIVELY. • RISK MANAGEMENT: STRATEGIC PLANNING ALLOWS FOR RISK ASSESSMENT AND MITIGATION, REDUCING UNCERTAINTY IN CAREER OR BUSINESS ENDEAVORS. • ADAPTATION TO CHANGE: BUSINESSES AND CAREERS CAN RESPOND TO CHANGING MARKET CONDITIONS AND TRENDS MORE EFFECTIVELY BY CONTINUOUSLY REVISING THEIR STRATEGIES. • INNOVATION: STRATEGIC MANAGEMENT ENCOURAGES INNOVATION AND CREATIVITY, FOSTERING GROWTH AND DEVELOPMENT. • ALIGNMENT WITH OBJECTIVES: IT ENSURES THAT DAILY ACTIVITIES AND DECISIONS ARE IN LINE WITH THE OVERALL MISSION AND VISION OF THE BUSINESS OR CAREER. • MEASUREMENT OF SUCCESS: STRATEGIC PLANNING PROVIDES A FRAMEWORK FOR MEASURING PROGRESS AND SUCCESS, ENABLING ADJUSTMENTS AS NEEDED. • IMPROVED DECISION MAKING: IT SUPPORTS INFORMED DECISION-MAKING, AS STRATEGIES ARE BASED ON THOROUGH ANALYSIS AND DATA. • ENHANCED COMMUNICATION: IT FACILITATES COMMUNICATION WITHIN THE ORGANIZATION, ENSURING EVERYONE IS ON THE SAME PAGE REGARDING GOALS AND PRIORITIES. • CUSTOMER SATISFACTION: BUSINESSES CAN BETTER MEET CUSTOMER NEEDS BY ALIGNING THEIR STRATEGIES WITH CUSTOMER PREFERENCES AND EXPECTATIONS. • STAKEHOLDER ENGAGEMENT: IT HELPS BUILD POSITIVE RELATIONSHIPS WITH STAKEHOLDERS, INCLUDING EMPLOYEES, INVESTORS, AND THE COMMUNITY. • FINANCIAL PERFORMANCE: EFFECTIVE STRATEGIC MANAGEMENT OFTEN LEADS TO IMPROVED FINANCIAL PERFORMANCE, ATTRACTING INVESTORS AND ENSURING SUSTAINABILITY.

There are stages of membership 1. Student membership requirement(s) • Preliminary stage [NCE, OND, WAEC & NECO or equivalent] No of subject = eight No of diet = two List of subjects 1. Introduction to governance 2. Introduction to management information technology 3. Introduction to management and organisation theory 4. Introduction to entrepreneurship and investment 5. Introduction to strategic marketing 6. Introduction to human resource management 7. Quantitative techniques 8. Business law and environmental management Exemption No exemption whatsoever for holders of NCE or OND in non-management discipline. Holders of nce and ond or its equivalent in management related certificate or discipline shall be exempted from subject 2, 3, 4 & 8. All WAEC, NECO and its equivalent shall go through all subjects at this stage. • Knowledge stage (1) -bachelor’s degree, post graduate or equivalent No of diet = 1 No of subjects = 6 List of subjects 1. Overview and concept of management 2. Introduction to strategic management process 3. Pure strategy and policy 4. Strategic communication 5. Fundamental of strategic leadership 6. Fundamental of research methodology Exemption Degree holders or its equivalent in management and other related disciplines shall be exempted from subject 1 & 4. Master’s degree and its equivalent holders in management shall be exempted from subject 1,4 & 6 only. Masters/doctoral degree or its equivalent in non-management discipline shall do all the subjects (1-6). • Skill stage (2) -master’s degree or equivalent No of subject = 10 No of diet = 2 List of subjects 1. Strategic management and leadership grid 2. Strategic management in action 3. Demography, ecology, astrology and astronomy 4. Nature of strategy and internal configuration capability 5. Environmental audit techniques 6. Strategic management tools and technique 7. Strategic intent 8. Specialization in any of the fundamental area of human endeavors 9. Strategic management in governance (public sector, business enterprise, political society, civil society) 10. Resources and strategy Exemption Msc Strategic Management and its equivalent to be exempted from 1,2,4,5 & 10(1st diet). They shall write the remaining subjects at the 2nd diet. Phd in Strategic Management and its equivalent to be exempted from skills level. • Application stage (3) professional -Phd or equivalent No of subjects = 5 No of diet = 1 List of subjects 1. Review of at least 20 journals, 10 of which must be from strategic management and strategic leadership. 2. Publish at least 2 articles in stipulated journals. 3. Undergo a prescribed internship for strategic management in governance – 6 months. 4. Presentation of self-authored thesis. 2. Associate membership requirement(s) • he or she is a candidate who have satisfactorily passed all required and mandated institute’s professional examinations as approved by the council • He or she is holder of institute’s student membership 3. Full membership requirement(s) • He or she is adjudged as having the requisite academics qualification and experience by the council, • he or she is a holder of the institute’s associate membership with at least four years practical experience subsequent to his associate membership enlistment and • possesses other relevant qualifications acceptable and considered suitable and relevant by the council. 4. Fellowship requirement(s) • He or she is a founding member of the institute with sound academic and relevant professional qualification and experiences • He or she is a university graduate, academician and non-academician, whose advisory roles on economic matters and management position in the public or private sectors had contributed tremendously to the nation’s economic growth and development, • They are individuals in relevant and related disciplines who have offered development services of special nature to the nation or who have noticeably relentlessly and dynamically to enhance the professional image of the institute directly or indirectly; and • They are holders of the full membership of the institute with at least 10 years practical experience

1. Being a part of the globally recognized community of strategists. 2. Membership certificate and an award plaque which is an emblem of recognized distinction of your professional reputation. 3. Opportunity to attend a wide selection of local and international seminars, conferences and lectures every year, providing boundless opportunities for networking and keeping your knowledge and skills, up-to-date. 4. The right to append the institute’s post-nominal designation fsm, msm and asm (as applicable) after your name on your business cards, resume/profile, email signature and other official documents. 5. Opportunity to be enlisted as one of the eminent speakers of the institute at our local and international conferences, seminars and workshops. 6. Career opportunity to be a licensed management consultant 7. Access to a professional network of like-minded individuals, which can lead to collaboration and career opportunities. 8. Professional/business development: opportunities for continuous learning and skill enhancement through seminars, workshops, and conferences. 9. Access to research resources and potential involvement in strategic management research projects. 10. Insight into a high standard of professional ethics and conduct. 11. Continuous learning on the latest developments in the field of strategic management. 12. Opportunities for continuous professional development and learning through seminars, workshops, and conferences.

• Active participation in the institute's activities, such as attending meetings, conferences, seminars and contributing to discussions. • provides mentorship and guidance to junior members in related field of expertise • Payment of membership annual dues to support the institute's operations.

The institute of Strategic Management Nigeria Chartered (ISMNC) is an organization that offers professional management training and certification in Nigeria. In the context of ISMNC, a "Chapter" typically refers to a local or regional branch or division of the Institute. ISMNC chapters are established to facilitate the institute's activities, such as training, networking, and events, at a local level. They allow members to connect, collaborate, and access resources more conveniently within their geographical area.

The Institute of Strategic Management Nigeria Chartered (ISMNC) is an organization dedicated to promoting and advancing the practice of strategic management in Nigeria. While specific details about the functions of chapters within ISMNC may evolve over time, typically, chapters in ISMNC serve the following key functions: • Local Networking: chapters provide a platform for members in specific geographic areas to connect and network with each other. This can help members share experiences, insights, and opportunities. • Professional Development: chapters organize events, seminars, and workshops to facilitate ongoing professional development and learning among their members. This can include training sessions, guest lectures, and industry-specific knowledge sharing. • Knowledge Dissemination: chapters serve as a channel for disseminating the latest knowledge and best practices in the field of strategic management to local members. This is often achieved through publications, presentations, and discussions. • Advocacy: chapters advocate for the profession of strategic management and its importance within their specific region. They engage with local government bodies and industry stakeholders to promote the value of strategic management. • Collaboration: chapters foster collaboration between local businesses, academic institutions, and professionals, which can lead to research initiatives, joint projects, and strategic partnerships. • Student and Emerging Professional Support: some chapters may focus on supporting students and emerging professionals in the field, offering mentorship, guidance, and career development opportunities. • Recognition and Awards: chapters often recognize outstanding achievements and contributions in the field of strategic management through awards and honors specific to their region. • Community Engagement: chapters may engage in community outreach and social responsibility activities, contributing to the betterment of their local communities. • Mentorship: they provide mentorship programs for aspiring strategic management professionals. • Events and Conferences: chapters often host conferences, events, and symposiums to discuss key strategic management topics and showcase industry innovations. • Chapter Governance: chapters have their own governance structures, with elected leaders and officers responsible for managing chapter activities.

To join a chapter of the Institute of Strategic Management of Nigeria Chartered (ISMNC), you can follow these steps: I. Membership: you must first become a member of ISMNC (information on membership requirements, benefits, and fees are available on this website). Ii. Complete the application: if you meet the requirements and wish to proceed, complete the membership application provided by the institute. Iii. Await approval: your application will typically be reviewed by the institute, and you'll be notified of your membership status. Iv. Examination and induction: you must engage in the entry examination process and be inducted as a member of the institute V. Locate a chapter: determine which chapter is closest to your location (find list of chapters in item vi) Vi. Contact the chapter: once you've identified the chapter you want to join, reach out to them (find contacts of chapter chairmen/representatives below). Chapter chairs/representatives with their contact numbers 1. Lagos Chapter – Mrs Rianat Jibike Onigbanjo, FSM – 08033016106 - chairman 2. Abuja Chapter – Mrs Susan Ishaka, MSM – 08180220079 - representative 3. Rivers Chapter – Mr Nathaniel Excellence, FSM – 08032877093 - chairman 4. Ekiti Chapter – Dr Adebayo Ogundipe, FSM – 08034402771 - chairman 5. Oyo chapter – Mr Seyi Alaba, FSM – 08058890074 - chairman 6. Bayelsa chapter – Dr Whiskey Ayakeme, FSM – 07033093134 - chairman 7. Delta chapter – Sir Onwuka Ernest, FSM – 08035087916 - chairman 8. Anambra chapter – Engr Ndubuisi Okoli, MSM – 08034026992 - chairman 9. Ogun chapter – Dr Sunday Ogbaji, MSM – 07033543657 - chairman 10. Osun chapter – Mr Tajudeen Alabede, msm – 07086228954 - chairman 11. Plateau chapter – Dr Dayil Plangsat, FSM -08035954481 - chairman 12. Enugu chapter – Mr Ani Peter Chijioke, MSM – 08152844874 - representative 13. Kwara chapter – Dr Rahman Mustapha, MSM – 08033006246 - chairman 14. Kebbi chapter – Mallam Saidu Abdullahi, FSM – 08030896013 - representative 15. Edo chapter - Mr Moses T. Olojede, MSM – 08036447443 - representative Vii. Engage and participate: once you become a member, actively engage with the chapter, each chapter hold regular events, seminars, and meetings. Attending these can be a great way to network and learn more about the institute. Take advantage of the networking and educational opportunities ismn chapters offer.

YOU CAN CALL OR WHATSAPP: 08105979531, 09152860206 CALLS ONLY: 09152860206 EMAIL: info@ismngc.org