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TLS 56 Leadership and Planning
TLS 56 Leadership and Planning
SOLOMON APPIAH
ISAIAH 58:12
McKinsey & Company is the trusted advisor and counselor to many of the
world's most influential businesses and institutions. They have the following to
Africa imports 1/3 of the food, beverages, and similar processed goods it
consumes. About 60% of Africa’s global innovation goods, such as cars
and chemicals, are imported.
If you are a leader in Africa (religious, political, business etc.), what do you do
with this kind of information? This kind of information is a gold mine to any
planning oriented transformational leader. Planning is essential to leadership
and development. Leadership and strategic management go hand in hand.
Failure to plan is a plan to fail.
1. Strategic Planning
2. Strategy Implementation
ISAIAH 58:12
Continued...
In the absence of this, multinational corporations will be at the receiving end of
the larger share of the US$5.6 trillion to be spend by Africans in only 7 years
i.e. by 2025. As McKinsey&Co rightfully state:
African manufacturers can and should target significantly higher levels of local
IMPORTS take away foreign exchange while EXPORTS bring foreign exchange
in. Businesses and families in Africa can plan and fill the gap currently filled by
imports. Governments can lead the way in these planning efforts.
If African leaders do not rise to the occasion, foreign entities will keep
capitalizing on consumer demand and enrich themselves, carting the dividends
away out of Africa. Policies should also be formulated to cater for the youth
bulge so they can be a dividend and not a catastrophe. Expansion in African
household consumption presents a unique opportunity that must be exploited
by Africa’s private sector but for this to materialize, it require planning by
leadership.