Case exercise - Answer all 3 questions - Total 6 Marks - 2 Marks for each question African leaders: perspectives on leadership Africa's economic growth remained resilient in 2015. Real gross domestic product (GDP) prew by an average of 3.6 per cent, higher than the global ware growth of 31 percent and more than double that of the euro area. At this growth rate, Africa remained the second fastest growing economy in the world (atter emerging Ass), and several African countries were among the world's fastest growing countries. The OECD forecast that Africa's economic growth would pradually pick up during 2016-17 predicated on expanding SME activity and on a recovery in the world economy and a gradual rise in commodity prices. African businesses, large and small, can learn from viewing the careers of top business leaders in the region m Study the profile briefs on Manu Chadarin, Brian Joffe, Naushed Merini and Otsi Sawanis and respond to the questions poned at the end of the piece Manu Chandana, Chairman Comcraft Group Marionali: Kerja East Africa's most venerable business leader chairman of the Comcraft Group a $2 billion industrial behemoth that produces steel plastics and anim products from manufacturing facilities in 45 countries - 16 of which are in Africa Total workforce over 40,000 people. He has been hailed as one of Kenya's leading industrial and a biggest philanthropist. His Chandaria Foundation is active in over seven countries, and has given a million to causes education, health and the art Brian Jo, CEO Bidvest Group nationality: South Africa) Joffe as the founder and successful CEO of Bidvest a large South African conglomerate that contains over 300 companies and 117.000 employees. He has an eye for discerning te money can be made and is a forceful negotiator. His early career saw him acquire a 50 per cent share in a pet food buses for R49.000 buying out his partner aber a year expanding the business and then selling the company for $1 million After a four year sojourn in the United States he returned to South Africa in 1962. Haring sounded out the business and wheeled and dealed for six years he formed the Bidvest Group in 1988 building it into a highly diversified group He developed a decentrale company mabing business to manage their own affairs Though a bug wholesale and distribution group operating in the areas of commercial and industrial products, electrical products, financial services, freight management office and print solutions, outsourced hard and soft services, and automotive realing the born with the determination and commitment evident in small busineThe company believes in a philosophy of empowering people, building relationships and improving lives Entrepreneurship Incesto decentral and Chosen Chick Save alla 1 2 10 11.12 14 15 16 21 34 35 38 27 12 43 to manage theu own affairs Though a big wholesale and distribution group operating in the areas of commercial and industrial products, electrical products, financial services, freight management office and print solutions, outsourced hard and soft services, and automotive retailing the business is run with the determination and commitment evident in a small business enterprise The company believes in a philosophy of empowering people, building relationships and improving lives Entrepreneurship, incentivisation, decentralised management and communication are the keys to the company's success. The organisation believes and practices transparency, accountability, integrity, excellence and innovation in all be dealings. Skilled in the business of acquisitions the Bidvest Group tums ordinary companies into extraordinary performers, delivering strong and content shareholder returns in the process In April 2016 the company reported a trading profit of Rs.1 billion up 118 per cent on the previour year. The secret of Jottie's success as a business leader is reckoned to be his vision and his ability to identify opportunities that others fail to see p.242 Naushad Menali, Chairman, Sameer Group nationality. Keran) In 2000, the Kenyan Asian tycoon partnered with French media gunt Vivendito found Kecell, a Kenyan mobile phone service provider, which he later sold off to Celeland Bharti Airtel He will owns 5 per cent of Bharti Airtel's operations in Kenya and serves as chauman of the board. But the bulk of his power and fortune comes from his ownership of one of East Africa's largest conglomerates-the $2 billion (amal turnover) Sameer Group, which was some of the most prominent companies in Kenya's financial services, construction, apiculture, energy and ICT sectors Meriliis chairman of the group Merali a fum believer in team working and the empowerment of employees, and supports training programmes to build the career in his companies he is committed philanthropist and his Zarina and Naushad Merali Foundation supports hospitals and needy schools Meral has been quoted as saying that nothing is impossible if you believe in it and that TEA - Trust Efficiency, Attitude in a mishellammare success of every business Onur Sai Founder Orasco Group inational prior Sawitis is the patriarch of Egypt's wealthiest family and founder of Orancom Construction Industrie. In 1971, the Egyptun government nationale Onni Sawari incontro business Undeterred, he went on to build Orascom Construction Industries, the flagship company of the Ors.com Group that has interest in telecom, infrastructure, hotels and toom. Hin three sons - Naub, Sami and Nasvef-run all the companies Sawit's mucces has reulted from his vision to rest in the future, and to spot an opportunity and size it. He was the first to spot the potential of the amval of the Click to Chek Sowell Andersen 33 34 35 30 Sawiris's success has resulted from his vision to invest in the future, and to spot an opportunity and seizeit He was the first to spot the potential of the anal of the telecommunications business in Africa. Determined to play a part in boosting Egypt's future competitiveness he established the Onni Sawis Scholarship Programme that fully supports Egyptian students studying in top U.S. universities. He also has a heart for people and supports several causes including one that involves the purchase of a Greek island where he wants to build accommodation and a future for maints and refugees Source: OECD Atien Economic Outlook spon 2016, Forbes prafin, 2018-16 The World Falio (2016). 16.My Questions 1 What can be learned from the careers of the Leaders mentioned in the case and how do they meet the leadership challenges? 2. What is TEA ? Explain how the acronym TEA provides a useful business leadership lesson 3 What do all the leaders in the case study have in common? For the toolbar, press ALT+F10 POR ALT+FN+F10 (MK) VS Paragraph Anal 1 15 1. XO Q 6 XX331 TT BHO BE :) + D Cheband med at all