The second module of the inaugural Global CEO programme for Africa held at Lagos Business School (LBS) between March 31 and April 5, 2019.
The week-long programme saw a convergence of 16 senior executives from across the continent who sharpened their knowledge of business practices and strategic leadership under local economic conditions with a focus on West Africa through class sessions, panel sessions, case discussions, a site visit and a cultural immersion trip.
Delivered by LBS’ faculty and a group of industry experts, the programme helped participants to explore topics such as people management in the workplace; the socio-political-economic environment of business in West, Central and North Africa; legal frameworks in the African market; managing the challenges of corruption; among others.
Professor of Corporate Governance at LBS, Fabian Ajogwu exposed participants to the components of an economic legal framework including the constitution, acts and laws, regulations, guidelines, regulatory bodies and authorities and institutions for legal redress. Professor Ajogwu went on to engage them in an interactive session on ethical governance and stakeholder management where he mentioned that to ensure ethical governance, companies have to develop effective systems to address commercial realities, challenging administrative processes and difficult technical facts. He also iterated the benefits of ethical governance as altruism, employee confidence, good reputation and a hidden economic gain.
Academic Director of the programme, Henry Onukwuba in his session on people management helped participants unpack the subject of leadership in today’s dynamic workplace. He expounded on how leaders can navigate through the five generations – veterans, baby boomers, millennials, Gen X and Gen Z – to get optimal output in the workplace.
“Leadership is beyond a title or position. It is a mindset shaped for growth. Leaders must be socially and culturally aware to position themselves and their organisation for success. Also, feedback is an important factor for growth; hence leaders must never cut off feedback channels. Instead, they must allow honest feedback from peers and subordinates”, Onukwuba said in one of his sessions.
Speaking also on the partnership with IESE Business School and Strathmore Business School for the programme, Onukwuba said, “Right from its inception in 1991, Lagos Business School has been in partnership with IESE Business School, and the Global CEO programme for Africa is a continuation of that collaboration. LBS shares the same values of professionalism, spirit of service and integrity with IESE as well as Strathmore Business School with whom it collaborated at its inception too.”
President and Group CEO, Transcorp, Mr Valentine Ozigbo who participated in the programme said, “The learning points were incredible. We took theoretical and practical lessons in understanding people issues, and how best to engage employees and derive great results from them. I am already putting together a mini-presentation to Human Resources, my legal staff and other people who have various responsibilities towards orchestrating certain improvements within my organisation.”
The concluding module of the programme will hold at IESE Business School’s New York campus where participants will be exposed to innovation, entrepreneurship and leadership from a global perspective.
"Right from its inception in 1991, Lagos Business School has been in partnership with IESE Business School, and the Global CEO programme for Africa is a continuation of that collaboration."