WEF Africa 2015: Reimagining the future

first_imgIn June 2015 South Africa will host the 25th annual edition of the World Economic Forum on Africa when government, business and civil society leaders from across the continent meet in Cape Town for two days to discuss the theme “Then and Now: Reimagining Africa’s Future”.This year, WEF Africa will mark 25 years of change on the continent. And over the past decade and a half, Africa has demonstrated a remarkable economic turnaround, growing two to three percentage points faster than global GDP. Regional growth is projected to remain stable above 5% in 2015, buoyed by rising foreign direct investment flows, particularly into the natural resources sector, as well as increased public investment in infrastructure and higher agricultural production.• Download the WEF Africa 2015 meeting overview (PDF)With the world’s largest youth demographic, Africa’s working-age population is expected to double to 1-billion in the next 25 years, surpassing both China and India. The year 2015 is also significant for Africa as it marks the end of global, regional and local efforts to meet the Millennium Development Goals aimed at eradicating poverty.Double-digit growth is now needed for sustainable development, and the onus is on leaders to address systemic structural changes that can boost investment, enhance competitiveness, strengthen risk resilience and harness opportunities arising from technology adoption in all sectors. This growth is also necessary to diminish vulnerability to commodity price fluctuations, capital market volatility, mounting public debt, climate change and persistent development challenges.From 3 to 5 June the 25th World Economic Forum on Africa will convene regional and global leaders from business, government and civil society to take stock of progress over the last 25 years, share insights on the present landscape and identify innovative approaches to accelerate inclusive growth while bringing about sustainable development in the future.last_img read more

Sales Growth: An Interview with McKinsey’s Jon Vander Ark

first_img Essential Reading! Get my first book: The Only Sale Guide You’ll Ever Need “The USA Today bestseller by the star sales speaker and author of The Sales Blog that reveals how all salespeople can attain huge sales success through strategies backed by extensive research and experience.” Buy Now Listen to interview here.Last Friday I interviewed Jon Vander Ark from McKinsey about their new book, Sales Growth: Five Proven Strategies from the World’s Sales Leaders. Sales Growth is really aimed at sales leaders well above the first line sales manager. But I asked Jon to allow me to frame our conversation around ideas that would be valuable for salespeople and sales managers, and he agreed.I directed the questions around five ideas from the book, but they aren’t the five proven strategies. They are just parts of the five proven strategies.The first idea we riff on is getting to opportunities before your competitors. I believe this means you develop your business acumen, you know what challenges your clients are likely to face, and you bring them ideas. Some of McKinsey’s research bears this out.The second idea we discuss is targeting clients. It’s easy to believe that because some industry is generally down that you should spend your time somewhere else. Jon suggests that “Averages lie.” There may be serious pockets of growth in industries that are generally down.The third prompt I gave Jon was around pursuing customers relentlessly and getting there early. It’s easy to give up and look for more receptive clients. But that isn’t the answer. The new buying cycle makes it difficult to win unless you get to your dream clients early.The fourth idea is just fun. It’s a story from the book about a company that instituted what they call hunting days. Personally, I believe every day is a hunting day, but this story may give you one or two really good ideas.Finally, we tackle the value of coaching. McKinsey’s research shows that high growth sales organizations spend a lot of time coaching their salespeople. Listen to the podcast and discover the shockingly high percentage of time spent coaching and then ask yourself if you are spending too much time serving your organization.I hope I hooked you. Give the podcast a listen. Buy the book. Let me know what you think.last_img read more

Arunachal gets a security package

first_imgUnion Home Minister Rajnath Singh on Monday said the Centre has sanctioned a special package for strengthening security in three eastern districts of Arunachal Pradesh to tackle the insurgency problem there.“The special package for Tirap, Changlang and Longding districts will also include creation of new posts, purchase of vehicles and equipment for police,” Mr. Singh said, addressing the 31st Arunachal Pradesh statehood day programme here.He said necessary funds would be given at the earliest for construction of over 20 police stations in the three districts and asked the State government to expedite the work. Mr. Singh said his Ministry was actively considering the proposals submitted by the Arunachal Pradesh government for strengthening the security system in the State.The State government had sent a proposal for setting up an ITBP battalion here, Mr. Singh said, adding he had asked his Ministry’s officials to immediately examine it. He also promised to sanction a forensic science laboratory in the State.“We will do whatever is possible in the interest of the State for development. There is no dearth of funds. But every penny from the Centre should be judiciously utilised to maintain transparency so that nobody could point a finger,” he said.Hydro powerReferring to the hydro power potential of the State, Mr. Singh said a robust connectivity infrastructure was a must to tap this and turn it into a money spinner. Union Minister of Road Transport and Highways Nitin Gadkari had already announced a ₹50,000 crore project for roads and bridges in the State. Four State roads have been announced as national highways and the State government should send proposals for early sanction, Mr. Singh said. He said the foundation stone for a railway line to Pasighat would be laid soon. To boost telecom and IT connectivity, work on band line for 5035 km is on. Ducting has been completed for 2300 km, while cables have been laid for 1300 km.Referring to the aviation sector, the Union Minister said the Centre had already given 75% subsidy for two MI-75 choppers in operation in the State, while subsidy for another small chopper would be approved soon. “Commercial flights will be made operational from Pasighat Advance Landing Ground (ALG) soon,” he added.On CM Pema Khandu’s decision to make official work paperless, he said it would bring efficiency and transparency . In the recent Vibrant Gujarat Summit, many investors wanted to invest in Arunachal, he said.last_img read more

AIMPLB spokesperson booked for sedition

first_imgThe Uttar Pradesh Police has booked AIMPLB spokesman Maulana Sajjad Nomani on sedition charges for allegedly hurting religious feelings during a speech in Hyderabad. The Hazratganj police registered a case on Wednesday against Mr. Nomani based on a complaint by Chairman, Uttar Pradesh Shia Waqf Board, Waseem Rizvi.The complainant has alleged that Nomani in his February 9 speech in the general council meeting of the All India Muslim Personal Law Board (AIMPLB) in Hyderabad had deliberately hurt religious feelings, police said.“Referring to Rohingya Muslims, Nomani said attempts are underway to make the situation of Indian Muslims like that of their Rohingya counterparts. He even said he had proof of arms, ammunition and training being given to all, even in the smallest of villages, to make Indian Muslims suffer.“This speech was widely broadcast by television channels, which had a mass impact,” Mr. Rizvi said. He also gave CDs as proof to the police to back his complaint. Mr. Nomani has been booked under various sections of the Indian Penal Code (IPC), including 124-A (sedition) and 153-A (promoting enmity between different groups on ground of religion, race, place of birth, residence and language), police said. He also faces charges under the IPC section 153-B (imputations, assertions prejudicial to national-integration) and 298 (uttering, words with deliberate intent to wound the religious feelings of any person), they said. Nomani, however rubbished the allegations as false and baseless.last_img read more