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Companies collapsing because of selfish, greedy managers no matter how much you pay them – Tobinco

Headlines Group Chairman of the Tobinco Group of Companies, Elder Nana Samuel Amo Tobbin
NOV 3, 2021 LISTEN
Group Chairman of the Tobinco Group of Companies, Elder Nana Samuel Amo Tobbin

Group Chairman of the Tobinco Group of Companies, Elder Nana Samuel Amo Tobbin , has said most companies in Ghana are failing to succeed due to the attitude of selfish and greedy managers.

He hinted that when companies collapse, more often than not, it is not the doing of the owners of the company.

Speaking in an exclusive interview with host of ‘Ghana Nie’ Ekourba Gyasi, Group Chairman for the Tobinco Group of Companies, Elder Nana Samuel Amo Tobbin maintained that some managers are not truthful to the extent that they connive with other greedy staff to dupe and bring down the company.

He noted that some staff who have been assigned to manage companies want to secure their future and be like the owners of the companies in the shortest possible time.

He reiterated that most companies are dying because of the attitude of people put in place to manage the business.

According to him, it takes the Grace of God for persons like him to be successful businessmen in Ghana.

“The truth is that CEOs cannot do the work alone, that is why they appoint managers and employ staff to oversee the day-to-day running of the companies. But in this part of the world, it has become difficult to employ because some managers are not truthful. Some connive with staff to dupe and collapse very successful companies. No matter how much you pay some managers, they are selfish and greedy. They want to be like the owners of the companies,” Tobinco narrated.

Asked how he deals with greedy managers, Group Chair, Nana Samuel Amo Tobbin explained that aside the grace of God, it takes firmness, intense auditing and strict supervisory role to manage a business.

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