There’s a simple mantra fitting for a business school on the most southerly tip of the world’s most underdeveloped continent: we build people who build the businesses that build Africa. I said it was simple. It says that we believe in the virtuous circle, whereby prosperous businesses will create employment and deliver better added value in products and services at lower prices, which will grow economies that will, in turn, enable even more prosperous businesses. But, like most things, it’s easy to say but harder to achieve in the real world. Trickle-down economics does not work by itself, and while we have to equip our MBA students with the tools they need to provide their employers with better profits and good management, we also have to make them unusually cognisant of their wider role in a developing society. In general, business schools haven’t been good at cultivating this development mind-set. Too often we focus on what works in rich countries overseas and make assumptions th...
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