Let us continue to champion diversity for it is the key to strengthening individuals, institutions and society. Let us positively impact the world that we live in, inspired and in humility as Mr Mandela did.
INSEAD Dean Ilian Mihov remembers Nelson Mandela in the INSEAD community on Yammer (alumni password required). He writes, “Last week we lost Nelson Mandela: a leader whose ideas and life inspired global transformation. Last week we lost Nelson Mandela: a leader whose ideas and life inspired global transformation. A universal symbol of courage and determination in the face of injustice, Mr Mandela’s journey in life was all about equality and freedom. His vision and impact reached far beyond South Africa. His unique, unwavering moral dedication galvanized millions across the world, inspiring them to join in the movement to dismantle apartheid.
Mr Mandela understood the power of unity in diversity. He also understood the meaning of one essential human act – forgiveness. His genius enabled him to bring South Africa together, despite the country’s divisive past. By his example, he reminded us all – everywhere – that forgiveness and understanding prevail. Ultimately, it is stronger than the hardest prison chain. Read more here…
(Image Source: Nelson Mandela Foundation)
On September 14th 2012, we had the honor of welcoming Amine Tazi-Riffi, director at McKinsey & Company, as guest speaker to give us a talk on Africa – the Progress and Potentials of African Ecomonies.
Amine started the McKinsey & Company Maghreb office in 2004, is co-leader of the Public Sector & Social Practice for the EMEA region and is member of the African Council. He holds an MSc degree from EPFL, the MIT and an MBA from INSEAD (MBA95’D).
He presented the findings of the McKinsey’s Global Institute report on Africa – “Lions on the Move”, punctuated by his unique views, having led over 120 projects in the region for a broad spectrum of customers in the public and private sectors.
Here are some of the key take-aways:
Since 2000, Africa ranked among the Top 3 fastest growing regions in the world after Asia and the Middle East.
This acceleration of GDP growth was widespread and all sectors contributed, not only natural resources which accounted for less than one third of the growth.
Rising demand for commodities and shift in mentalities have brought a strong increase in foreign capital flows and new South-South partnerships, with rates of return higher than in any other developing region.
40% of Africans live in urban areas and urbanization is growing fast. By 2030, the continent’s top 18 cities could have combined spending power of $1.3 trillion.
Four groups of industries—consumer-facing industries, agriculture, resources, and infrastructure—together could generate as much as $2.6 trillion in revenue annually by 2020, or $1 trillion more than today.
Early entry into African economies provides opportunities to create markets, establish brands, shape industry structures and establish long-term relationships.
So yes, it is the time for Africa and time to change our views on this continent!
Please click on the link here after to view his presentation.