General News of Thursday, 5 October 2017
Source: Leila Khalid
International business leader, Lucy Quist, joined hands with the Global Shapers Community in Kumasi to organize a talk session on how Africa’s millennials can lead the continent to prosperous outcomes. The event took place at the Kumasi Hive and was attended by over 80 young professionals and students in Kumasi.
The event sought to nurture a growth mindset on the power and potential of good ethical leadership in creating prosperity for Africa by Africans. Below are some of the key ideas highlighted in her address.
Leadership in crisis:
Lucy Quist shared that, according to the 2017 Edelman Trust Barometer, the world is in a leadership crisis; 53% of people in the world believe leaders will not fix problems, indicating that a significant number of people do not trust leaders. Corruption, globalization and eroding social values are top three concerns of people. Out of these concerns, two are linked to the human value systems, indicating how vital good human values are to leadership. She posited that ethical leadership is what will earn trust and, particularly, harness Africa’s resources to create prosperity.
The Role of Government and the Role of the Entrepreneur:
Lucy Quist went on to share her thoughts on the roles of various players when it comes to developing a country. “Government is about structure; creating an enabling environment for business to thrive. Most of the execution required for development is done by businesses as they provide solutions to problems.
The solutions will have to be created by entrepreneurs. Most importantly, I believe in the younger generation who are coming up”, Lucy Quist explained. She challenged the expectation that government leaders must solve every problem in our societies. She challenged her audience to see themselves as the ones to create the development they seek.
The Role of the African Millennial:
Before delving into the nitty-gritties of how young Africans can contribute to development, Lucy asked young people to redefine who the African Millennial is. “Other people’s definition of who a millennial is may not necessarily describe you. Define for yourselves who you are as an African millennial.
Take into consideration your unique experiences and your environment. Understand who you are and bring your uniqueness to the table.” By doing so young people will begin to appreciate their importance in the African development agenda. They will have a clearer understanding of their world to be able to provide relevant solutions for the creation of their own prosperity.
Key areas where African Millennials should lead:
Lucy Quist shared key areas where African millennials can lead and bring change: entrepreneurship and technology. “Africa needs your youthful zeal, energy, and innovation to create and run sustainable businesses that will provide relevant solutions”. She set three outcomes for creating successful businesses that create prosperity; generating wealth beyond the founder, crossing national boundaries and surviving generations. She also hammered on the importance of creating generational wealth for the benefit of future generations. Lucy argued that generational wealth is a great way of sustaining development. Rather than building businesses or solutions which die within one generation, generational wealth creation will set the foundation for future generations to build on and benefit from inherited businesses that they can build on. This ensures sustained development.
“We don’t have enough makers” is what Lucy said as she challenged her young audience to also lead in technology and industry. She advised that it is not enough for Africans to have access to today’s technology, Africans must also create technology that addresses our unique problems. With the right technology, created by Africans for Africa, Africans can leapfrog their development.