Last month, the annual meeting of the Strategic Management Society (SMS) revolved around the theme “Strategies in a world of networks.” Have you ever heard anyone say “connections are not important in this part of the world”? That would be quite unusual, don’t you think? It’s no surprise, then, that networks matter in Africa just […]
Thinking long-term in Africa
Welcome back after the break! When I came back from Africa, one of my colleagues at IESE told me: “Africa, you’re re-energized!” Indeed, I am. One of the energy shots came from meeting the CEO of a leading bank in Kenya and East Africa. His approach illustrates that thinking long-term pays off in Africa. To the […]
It takes local management to succeed in Africa
At a meeting with the management team of a company in Nairobi, I was asked: “Our company started operations in Nigeria two years ago. So far, we have not succeeded. Based on your discussions with Pan-African companies, why do you think this is the case?” I had some seconds to reflect. It could not be […]
Pygmalion in (African) management
“A lady is a woman who is treated like a lady.” You remember probably this line from My Fair Lady. In a classic Harvard Business Review article, J. Sterling Livingston coined the expression “Pygmalion in management.” The main point of the article was that “a manager’s expectations are the key to a subordinate’s performance and […]
Intra-African trade and transportation
When I wrote about intra-Africa business travel a few weeks ago, Charles Ivenco – one of my friends from Lagos Business School – left a comment in which he told us about the improvements in air transportation over the last decade, and how this is related to the increased levels of intra-African trade. According to […]
