Africa has the potential for real progress. It has natural resources in abundance and a young expanding population. Foreign investment is on the rise. But Africa’s economic growth, among the fastest in the world, is rapidly draining the pool of local managers. These are the very people who are vital for translating opportunities into tangible results, increased competitiveness and a better life for all.
This report by the African Management Initiative – formed by the Association of African Business Schools, the Global Business School Network, the Tony Elumelu Foundation and the Lundin Foundation – draws on interviews with over 50 experts and employers, and dozens of secondary resources, to understand the management gap from an individual and organisational perspective. It maps Africa’s existing education and training landscape and identifies pockets of excellence. It illustrates that the current management development ecosystem is insufficient to meet the requirements of Africa’s buoyant economies, and presents ideas for intervention and recommendations for next steps.
Continue reading “Catalysing Management Development in Africa – Full”
“There is an Africa that you don’t hear about very much… this is the Africa that is changing, the Africa of opportunity, the Africa where people want to take charge of their own destinies.” — Dr. Ngozi Okonjo-Iweala
Africa appears to have reached a turning point. Once dismissed as a hopeless continent beset by war and famine, it is now frequently touted as the next frontier for opportunity and investment. Africa has an abundance of natural wealth and a young and fast-growing population. GDP growth has outpaced many other regions over the last decade, driven in part by rising commodity prices, but also by growing domestic demand and increasingly sophisticated local markets.
If the continent is to capitalise on this potential, it will require managers with vision and competence who possess the personal drive, commercial acumen and technical skills necessary to develop successful and healthy institutions.
While Africa boasts a few excellent schools of management and some good corporate training initiatives, the overall efforts to develop high quality managers are entirely inadequate to meet the opportunities the next few decades will bring. More young Africans are pursuing higher education, but too often, the quality is low.
Continue reading “Catalysing Management Development in Africa – Summary”
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As part of our vision of impacting one million managers to perform effectively across Africa, we believe in social learning as it helps you in applying what you learning. Our buddy system is aimed at helping you throughout your learning journey. A buddy is someone; who can hold you accountable as you take this … Continue reading How does a buddy help me in my learning journey?