U.S. Investments Surge For African Tech Entrepreneurs | TechCrunch

From the largest technology companies to early stage investors, American high tech companies and venture capitalists are increasingly supporting startups..

GIBS Information Centre / GIBSIC‘s insight:

Dynamic markets – “And Africa’s community of entrepreneurs is only growing. Those IBM Innovation Centers in Lagos and Casablanca will give founders of new tech companies access to IBM technology and expertise around big data, analytics, and cloud computing, as well as skills training and business and marketing support.

“In the last decade we’ve seen a lot of transformation [in Africa]. There’s increased stability and a lot of bandwidth that’s come on line, tremendous economic growth, plus a lot of infrastructure being built and a lot of foreign investment,” said Solomon Assefa, an IBM researcher and vice president of Science and Technology.

Assefa, who also currently serves as a Program Manager for Growth Markets and Strategic Initiatives in Science and Technology at IBM,  said the goal is to create an ecosystem where entrepreneurs can create new products using existing technologies. “We believe Africa is vital and we think IBM is going to be very very essential for productive growth and development.””

See on techcrunch.com

Index examines SA stagnation – Citizen

Index examines SA stagnation
According to the inaugural Gibs Dynamic Market Index (DMI), countries like Botswana and Mauritius have performed markedly better.

GIBS Information Centre / GIBSIC‘s insight:


South Africa’s 2006 score was 114.89. It’s final DMI score is 68.81.

See on citizen.co.za

The role and place of the academic is changing – and it’s a good thing ?

I became an academic to make a difference not build a career, says Alex Hope – flexibility of employment is the future

GIBS Information Centre / GIBSIC‘s insight:

Academic ‘career’ – “I suspect that the academic of the future will not be tied to an institution but be a thought leader, communicator and teacher undertaking a range of activities on a freelance/contract basis – and that the world will be a better place for it.”

See on www.theguardian.com

Tips for new MBAs

This week sees the start of the LEAD programme for all our 2014.15 MBAs.    The first group (in total 7 groups) is an enthusiastic and energetic bunch of people ready to tackle the next two years.

This got me thinking.  Year on year students stumble over what we see as minor stumbling block.  I got a group of current MBA students and alumni together to draw up a list of tips of our new MBAs.

They recommend getting through your first year:

  • Don’t leave your pre-reading to the last minute.  You are just cheating yourself, your fellow classmates and the faculty.  Do a little bit every evening.
  • You need a support structure while on the MBA.  Don’t forget to say please and thank you to your family, friends and colleagues who want to see you succeed.  Make sure your loved ones feel loved and are supported too!
  • Get to know as many of your classmates as possible and don’t just stick with the same crowd.
  • Support your classmates and share material, ideas and insights
  • Take it step-by-step.  You can worry about your research in a few months.  Focus on getting into the new routine and a new way of thinking.
  • Respect your brand and reputation, you are leaving a lasting impression with a lot of influential people.
  • Always bring any content, tools or models back into the context we live and work in – this will prove very successful in exams.
  • Your syndicate is like your family, you can’t choose them but you have to learn to love them.  Find out who is good at what and build on each other’s strengths.
  • Be nice to the second years.

  • Make friends with alumni.
  • Start the spade-work with faculty from day 1 – supervisors are everything on the research.
  • Life still happens – plan ahead get things done early so life doesn’t happen to your assignment.
  • No matter what anyone says about getting the full experience – splitting the syndicate assignments up in your group makes for much happiness.
  • You WILL start comparing your own environment to what you learn in class.  You WILL be tired and grumpy.  You WILL PROBABLY make some comments to your work colleagues which you may regret later.  Keep your head down and save the criticism for after you’ve finished and taken some time to rationalise things.
  • Take thorough notes in class and imagine yourself having to write a short exam straight after each session.
  • Don’t be afraid to ask questions.  There is nothing like a stupid question.  It is good to make your voice heard.
  • Get into a routine and try stick to it.
  • The MBA is a degree in time management. VERY IMPORTANT POINT

Tips for your second year and research:

  • Electives are not a walk in the park.  Be nice to the second years, you may get some hints.
  • WRT research.  Slaps from my supervisor… it’s a masters, not a doctorate.  120 pieces of literature is a bit much (30 is apparently fine).  Using Atlas for your literature review is probably a bit of an overkill.  20 statistical tests are also probably a bit much….
  • Qualitative is a lot more difficult than quantitative even if you have no idea what a factorial analysis is and how many degrees of freedom are acceptable.
  • Interviews take time – don’t assume access will be granted.  Take breath mints.

Good luck with your studies and know the Information Centre is there to support you.


To the brainy, the spoils

See on Scoop.itBusiness education

ELITE management consultancies shun the spotlight. They hardly advertise: everyone who might hire them already knows their names. The Manhattan office that houses…

KISs @GIBS‘s insight:

”  . . . The leading three strategy consultancies have seen years of double-digit growth despite global economic gloom. In 2011, the last year for which Kennedy Information, a consulting-research group, has comparable revenue numbers, Bain grew by 17.3%, BCG by 14.5% and McKinsey by 12.4%. All three are opening new offices.”

See on www.economist.com

EFMD and AACSB Announce Strategic Alliance Agreement

See on Scoop.itBusiness education @GIBS

EFMD and the Association to Advance Collegiate Schools of Business (AACSB), two of the most influential voices in management education, have joined together for a second strategic alliance agreement, to improve the effectiveness and efficiency of …

KISs @GIBS‘s insight:

AACSB – “a management education voice”

See on www.efmd.org

Are baby boomers more entrepreneurial than Gen Y? | SmartPlanet

See on Scoop.itWorldOfWork

Are Gen-Y really more entrepreneurial than their predecessors?

KISs @GIBS‘s insight:

Ackn. Smartplanet  "

A new study released by Millennial Branding and Monster.com found that 41 percent of Gen X employees — those between 30-49 years of age — and 45 percent of baby boomers — aged between 50-69 years — consider themselves more entrepreneurial than older generations, in comparison to only 32 percent of Gen-Y, those aged between 18 and 29.

“The internet has created unique entrepreneurial opportunities, not just for Millennials but for all generations of workers,” said Dan Schawbel, Founder of Millennial Branding. “We don’t see the same barriers to entry to starting a new business as we saw 10 years ago. Everyone has the technology to connect and now all you need is an innovative idea and a website to create a startup.”"

See on www.smartplanet.com

Brazil: Confronting the Productivity Challenge

See on Scoop.itBusiness education @GIBS

Brazil must improve productivity to meet its aspiration of growing GDP by more than 4 percent annually. Companies must decide where to “play” and adjust accordingly.

KISs @GIBS‘s insight:

BRICS and emerging economies – Ackn. bcg  "

 as Brazil closes penetration gaps with developed economies in several categories, as well as in consumer-credit stock levels. A sluggish global economy will weaken demand for Brazilian commodities.

On the supply side, productivity has emerged as the key challenge for Brazil and companies operating in Brazil. Our analysis shows that approximately 74 percent of the GDP growth over the past decade was due to the increase in the number of people working and only about 26 percent was attributable to productivity gains. This is very different from the productivity-driven growth of other rapidly developing economies. As the workforce expansion weakens, it will be critical for Brazil to increase productivity significantly to meet its aspiration of growing GDP by more than 4 percent per year."

See on www.bcgperspectives.com