Senior LBS faculty on strategy and entrepreneurship, Dr Chris Ogbechie, has said Nigerian managers need the practical business and management education offered by Lagos Business School to survive the prevailing economic slowdown in the country.
Ogbechie, who featured on CNBC Africa’s Power Lunch today, said there was a dearth of managers who could lead strategically and build their organisations with a long-term orientation, which explains the need for management education built on practicality. He highlighted LBS’ unique focus on case studies and simulations which immerse participants in the real world, blending academics and practice seamlessly. “At Lagos Business School, we don’t just prepare responsible managers, but equip them with sound knowledge… and the right values that will make them responsible managers so they can plug into a wide network of at least 5000 alumni members of the School,” he said.
Identifying Africa as the next frontier for growth, Dr Ogbechie also highlighted the need for dynamic managers with locally relevant but globally competitive knowledge of business.
“We review our curriculum frequently because it’s a dynamic environment. The needs of businesspeople and customers are changing, so we have to plug into that. Interestingly, LBS has an advisory board made up of [industry] practitioners and we meet regularly with them to let us know the kind of managers they need, the issues we need to tackle and to keep abreast of the requirements of industry,” he disclosed.
For more on Ogbechie’s thought-provoking interview, see: http://www.cnbcafrica.com/video/?bctid=4561708078001#