{"id":1914,"date":"2017-04-20T12:45:49","date_gmt":"2017-04-20T11:45:49","guid":{"rendered":"https:\/\/blog.iese.edu\/africa\/?p=1914"},"modified":"2017-04-27T09:20:22","modified_gmt":"2017-04-27T08:20:22","slug":"how-do-leaders-spend-their-time","status":"publish","type":"post","link":"https:\/\/blog.iese.edu\/africa\/2017\/04\/20\/how-do-leaders-spend-their-time\/","title":{"rendered":"How do leaders spend their time?"},"content":{"rendered":"<p><strong>Time is a scarce resource for everybody<\/strong>. That&#8217;s the case for <strong>business leaders anywhere<\/strong>, including those from places stereotyped as time-mindedless (excuse the linguistic liberty!) such as sub-Saharan Africa\u00a0 (SSA) countries. There&#8217;s a reason why most leaders in these places have a driver: this way, they can work while in traffic jams. <strong>How do these leaders spend their time?<\/strong><\/p>\n<p>The <a href=\"http:\/\/ftp01.economist.com.hk\/ECN_papers\/2017AfBOS\" target=\"_blank\"><strong>2017 African business outlook survey<\/strong><\/a> deals with this issue. <a href=\"http:\/\/www.economist.com\/\" target=\"_blank\"><strong>The Economist<\/strong><\/a> and <a href=\"https:\/\/www.corporatenetwork.com\/\" target=\"_blank\"><strong>Corporate Network<\/strong><\/a> online-surveyed 150 executives. <strong>22% of them executives <\/strong>pointed <strong>operational optimization<\/strong> as one of the <strong>major challenges<\/strong> faced by their companies.<\/p>\n<figure id=\"attachment_1923\" aria-describedby=\"caption-attachment-1923\" style=\"width: 375px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/blog.iese.edu\/africa\/files\/2017\/04\/Leaders.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-1923\" src=\"https:\/\/blog.iese.edu\/africa\/files\/2017\/04\/Leaders-225x300.jpg\" alt=\"Time: a very scarce resource\" width=\"375\" height=\"500\" srcset=\"https:\/\/blog.iese.edu\/africa\/files\/2017\/04\/Leaders-225x300.jpg 225w, https:\/\/blog.iese.edu\/africa\/files\/2017\/04\/Leaders-375x500.jpg 375w, https:\/\/blog.iese.edu\/africa\/files\/2017\/04\/Leaders.jpg 600w\" sizes=\"auto, (max-width: 375px) 100vw, 375px\" \/><\/a><figcaption id=\"caption-attachment-1923\" class=\"wp-caption-text\">Time: a very scarce resource<\/figcaption><\/figure>\n<p>For instance, <strong>Robert Collymore<\/strong>, CEO of Kenya\u2019s leading mobile network operator <a href=\"https:\/\/www.safaricom.co.ke\/\" target=\"_blank\"><strong>Safaricom<\/strong><\/a>, said that he spends <strong>50% of his time on operational issues<\/strong>, 30% on strategy, and the remaining 20% on managing external stakeholders. Optimizing operational parts of the process is crucial to devote more time to activities such as <strong>strategy- <\/strong>and <strong>innovation-<\/strong>related actions that may expand the company\u2019s<strong> potential growth<\/strong>.<\/p>\n<p>In sub-Saharan Africa, a<strong> generally poor infrastructure<\/strong> <strong>development <\/strong>is a huge <strong>drag<\/strong> for <strong>operational logistics,<\/strong> and it clearly sets back an important part of the <strong>economic activity<\/strong>. For instance, <strong>long traffic jams <\/strong>(see the post <a href=\"https:\/\/blog.iese.edu\/africa\/2015\/10\/14\/urban-transport\/\"><em>Urban Transport<\/em><\/a>), the <strong>poor shape of roads,<\/strong> and other <strong>connectivity problems<\/strong> have operational consequences such as <strong>increased delivery times. <\/strong>Also, the frequency of <strong>black outs<\/strong> experienced in many SSA countries (see the post <a href=\"https:\/\/blog.iese.edu\/africa\/2016\/05\/11\/energy-poverty\/\"><em>Energy Poverty<\/em><\/a>) and other basic supplies shortages increases operational costs.<\/p>\n<p>My <a href=\"http:\/\/www.iese.edu\/es\/index-default.html\" target=\"_blank\">IESE colleagues<\/a> <strong>Philip Moscoso<\/strong> and <strong>Alejandro Lago<\/strong> have published a <a href=\"http:\/\/ieseinsight.com\/doc.aspx?id=1770&amp;ar=14&amp;idioma=2\" target=\"_blank\">practical guide<\/a> to <strong>optimize business operations<\/strong> that could be also useful for <strong>African leaders<\/strong>. The authors emphasize the need for companies to <strong>revise in depth their value chain,<\/strong> and to constantly<strong> innovate and experiment<\/strong> with totally different ways of doing things. If you take a look at this guide, you will find some recommendations that may help optimize operational processes, and in turn save leaders\u2019 precious time.<\/p>\n<p>Any experience on optimizing the operational process in SSA?<\/p>\n<p><em>Nadim Elayan, Research Assistant at IESE Business School, collaborated in this article.<br \/>\n<\/em>_________________________________________________________________________<\/p>\n<p><u>Related articles<\/u><\/p>\n<ul>\n<li><a href=\"https:\/\/blog.iese.edu\/africa\/2017\/02\/09\/regional-transport-infrastructure-improvements\/\">Regional transport infrastructure improvements<br \/>\n<\/a><\/li>\n<li><a href=\"https:\/\/blog.iese.edu\/africa\/2016\/05\/11\/energy-poverty\/\">Energy poverty<br \/>\n<\/a><\/li>\n<li><a href=\"https:\/\/blog.iese.edu\/africa\/2015\/04\/01\/access-to-electricity-in-africa\/\">Access to electricity in Africa<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Time is a scarce resource for everybody. That&#8217;s the case for business leaders anywhere, including those from places stereotyped as time-mindedless (excuse the linguistic liberty!) such as sub-Saharan Africa\u00a0 (SSA) countries. There&#8217;s a reason why most leaders in these places have a driver: this way, they can work while in traffic jams. How do these [&hellip;]<\/p>\n","protected":false},"author":1654,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[99579,85385,99106],"tags":[100554,85369,13878,45555,70262,240,38906,100558,100553,8090,13866],"class_list":["post-1914","post","type-post","status-publish","format-standard","hentry","category-african-economic-and-institutional-context","category-doing-business-in-africa","category-future-and-perspectives-for-africa","tag-african-business-outlook","tag-africapitalism","tag-challenge","tag-connectivity","tag-infrastructures","tag-innovation","tag-operations","tag-optimization","tag-scarce","tag-time","tag-value-chain","megacategoria-mc-africa"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.1.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"Time is a scarce resource for everybody. 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