Stanford is now training business leaders in Africa to adapt the mindset needed to grow and scale their companies globally. And Mark Zuckerberg is finding and training top tech talents for the benefit of the continent. Further to what I wrote last week about the need of Africans getting a better life I think it’s laudable and would like to share the short video about Stanford’s launch with you:
Making successful African business leaders think like Silicon Valley entrepreneurs and look at working on a global scale has the potential of making African businesses create more jobs and hence giving more Africans an opportunity to get a life worth having on the continent.
Targeting senior leaders of for-profit companies
Founders and senior leaders of all types of industries with an annual revenue of minimum $150,000 can apply. The courses are held in Kenya and the focus is, simply put, to enable them to contribute to bringing greater prosperity to the region. By getting trained by Stanford Graduate School of Business during a year they will get an insight into the innovative thinking that has shaped some of the world’s most successful companies. They will also learn to create action plans to grow and scale their businesses. And, maybe not least, grow a peer-to-peer network with like-minded leaders in the region.
Personally am really pleased that a top US university is giving business courses in Africa which is different from some African students going to the US to study at such universities. Sometimes on scholarships. To give courses in Africa shows a commitment to the continent which, as far as I know, is unusual for a world class university. Stanford is ranked number 3 in the world by The Times Higher Education ranking this year.
West Africa next
The same program will be available for top West African business leaders this autumn. After Nairobi and Accra, Stanford aims to bring their leadership program to developing economies all over the world. Personally am delighted that it started in Africa because there really is a need to build up first class businesses there to give Africans a better life. China succeeded and so can Africa.
Finding and training tech talent
In line with Stanford’s initiative Sillicon Valley giant Mark Zuckerberg and his wife Priscilla Chan has invested $24 million to develop the largest untapped pool of technical talents in the world. Andela is so far training 200 engineers in Nigeria and Kenya. The idea is to make African countries benefit from hiring top tech talent and hence grow and become more profitable.
Do you agree with me that it’s great that one of the top universities in the world is teaching high potential business leaders in Africa how to get a Silicon Valley mindset? Do you think the programs will lead to growth and create new jobs? What impact do you believe the peer-to-peer network of like-minded leaders in the region will have? Are you also of the opinion that Stanford’s initiative to hold a course in Africa shows a commitment to the continent which is laudable. Do you like the fact that Stanford will branch out to West Africa this autumn and plans to start their courses in developing economies world-wide? Will Mark Zuckerberg’s initiative benefit African businesses and enable them to turn to e-commerce for the benefit of the continent? It’s so refreshing to come across initiatives that aims to decrease global inequality, isn’t it?
Video: Stanford Graduate School of Business