FEEEDS/FE3DS Series
Last year, 2010, I had a wish list for Nigeria@50, a milestone in the life of your nation, which was published in Leadership, the Guardian and a number of other Nigerian newspapers. Leadership has asked me to review that summer 2010 list to see which wishes, in my personal opinion, have come true and which ones are still things to be realized or are in progress. Although I am no longer living in Nigeria at this time, I personally continue to wish the people of this great nation the very best @51 years as it weathers and seeks to manage some difficult security issues. That being said, one huge part of that July 2010 list, which I never wavered on, and that has come to fruition was - a free and democratic election, that Nigerians could be proud of – which by accounts of many international observers happened in April 2011.
Other things on that list -- rebuilding agriculture, enhancing transparency, fighting corruption still represent challenges but are being worked. In a July 2010 speech (http://tinyurl.com/2010-50List), I wrote that Nigeria was"@the point where the road to change should be paved with more action on food security, improved education (particularly for the country's nearly 70 million youth & 74 million women), the environment, energy needs, and development," what I have referred to as the FEEEDS® issues over the last year. I will say now, as I did then, that every generation should be a force for change, and every year a marker of progress. So in this 51st year, many Nigerians are working to change the paradigm on the FEEEDS® issues and on past perceptions of the nation by the public abroad. I will continue to do my part to help in these areas. This does not diminish the present serious security issues because they are a reality of the world today, and we all must work together to make the world, and Nigeria safer. I know there are a number of partners working with Nigeria to address these challenges. In the same July 2010 speech, I noted that I wanted to fast forward to summer 2011 when I had just finished reading my Nigerian newspapers which were full of articles about how proud many (did not say all) Nigerians were of their election. This was the case.
In the last two quarters of 2011, Nigeria's economic growth is being heralded by many financial experts, with some pundits citing BRICA countries (http://tinyurl.com/TAP-blogitrrs-BRICA), of which Nigeria is one, serving as examples to struggling Western economies. Nigeria’s agriculture has an uptick of 7-8%, but most recognize there is so much more potential in this area; energy still is one of the key challenging linchpins for Nigeria’s development; and most investors are beginning to appreciate the incredible market that Nigeria offers (although American investments lag behind that of China and India in the region). According to recent press reports, the President of the African Development Bank (ADB), Donald Kabaruka, said last week in Washington D.C., during the annual fall meetings of the World Bank Group, that many African nations have "been there and done that" to address some of the economic challenges they faced 2-3 years ago. Nigeria is a good example of this, particularly as regards to banking reform. Your present security challenges I know are at the top of the list of issues to address. I also send my condolences to the families of those who have lost loved ones in the recent security environment.
Today in your 51st year, I remain a supporter of your democratic destiny, your progress on the FEEEDS® issues, your push for investment, and development, and the positive paths you will decide to take as a nation in the future. Happy Birthday!
FEEEDS® dialogues & advocates on issues of Food Security, Education, Environment-Energy, Economics, Development-Democracy & Self-help, The FEEEDS Issues. Dr. Robin Sanders, CEO FEEEDS & FE3DS, former U.S. Ambassador to Nigeria, Congo, & ECOWAS. Website:http://www. ambassadorrobinreneesanders.com. FEEEDS ask you to beware of all scam emails/text claiming to be from Amb. Sanders/FEEEDS as funding or monies are never requested. Report scams to FBI at spam@uce.gov
Saturday, October 1, 2011
Friday, August 12, 2011
Africare strengthens its commitment to Nigeria and Africa
Africare’s International Programs Director, Dianne Forte (second from the right), International Affairs Advisor, Dr. Robin Renee Sanders (fourth from the right), and Nigeria Country Director, Maisha Strozier (third from left), with Lagos Permanent Secretary in the Ministry of Special Duties, Dr. Aderei Sesalu, (third from right), and Director of the Job Creation Center and members of NGO Generation Enterprise.
Africare’s International Program Director, Dianne Forte, and the International Affairs Advisor, Ambassador Robin Renee Sanders traveled to Nigeria from June 13-17, 2011 for a field visit to meet with potential Non-Governmental Organizations (NGO) local partners. The visit also included Africare Country Director for Nigeria, Maisha Stoizer. The recent visit strengthens Africare’s commitment to the development of Nigeria and Africa in general and emphasized Africare's programs in health, economic development, women's empowerment, youth, and agriculture, with special focus on the Delta Region where Africare is one of the few American NGOs that works in that region.
The field trip included discussions with the Lagos State Government Job Creation Center that works with NGO local partners such as Generation Enterprise which provides vocational and entrepreneurial training for a range of skills from catering, machine and grill works, carpentry, fashion design, welding, and photography. Discussions were also held with Shell, the Ovie Brume Foundation, ExxonMobil, Bank of Industry and others which focused on establishing partnerships to advance the development objectives of Nigeria.
Thursday, June 30, 2011
"The Heritage Within" - Ode to Nigeria Women
On July 3, 2011, "The Heritage Within" event will be held in Lagos, Nigeria, at the city's prestigious Civic Center, honoring 50 Nigerian women who have helped and shaped Nigeria since its independence 50 years ago. The upcoming event is named after the poem (Ode) below and a painting by famed Nigerian artistic icon, Nike Davies Okundaye (an honoree at the event herself). "The Heritage Within" Ode is reprinted below in honor of the event on July 3, 2011, which will feature Essence Magazine's former Editor-in-Chief Susan Taylor, Bennett College President Dr. Julianne Malveaux, and former U.S. Ambassador to Nigeria, Dr. Robin Renee Sanders in addition to the incredible and history-making 50 Nigerian women being honored at the event and in the book entitled "50 @ 50 -- The Journey So Far":
Ode to the Nigerian Woman
Written By Dr. Robin Renee Sanders
“The Heritage Within”
Written By Dr. Robin Renee Sanders
“The Heritage Within”
Walk with me today, together down the ancestral path to see who we are as women
There is a spirit we cannot touch but always know is there – It is the "Heritage Within"
Our role is the foundation of life; our role is the foundation of change
We see our strength in the eyes of our mothers as they too have journeyed down the same ancestral path
The journey is about traditions, like 3-legged wedding pots, Uli signs, adire and ashoke cloth, henna designs, life, and certainly about long talks into the night as deep as indigo blue.
But, just like us, their lives made a difference, their contributions made an impact; their dedication to their nation allows you to stand on their shoulders today
Thus as Women for Change you will continue your journey down the ancestral path to your future, to Nigeria’s future
Remember you have a responsibility to the next generation to make a difference, to leave a mark, to make a change …just as your mothers did before you …and your grandmothers before…
Life is a journey and you have come so far, let’s walk the rest of the way together, hand-in-hand, spirit-connected-to-spirit, so that the changes we all seek come from….
There is a spirit we cannot touch but always know is there – It is the "Heritage Within"
Our role is the foundation of life; our role is the foundation of change
We see our strength in the eyes of our mothers as they too have journeyed down the same ancestral path
The journey is about traditions, like 3-legged wedding pots, Uli signs, adire and ashoke cloth, henna designs, life, and certainly about long talks into the night as deep as indigo blue.
But, just like us, their lives made a difference, their contributions made an impact; their dedication to their nation allows you to stand on their shoulders today
Thus as Women for Change you will continue your journey down the ancestral path to your future, to Nigeria’s future
Remember you have a responsibility to the next generation to make a difference, to leave a mark, to make a change …just as your mothers did before you …and your grandmothers before…
Life is a journey and you have come so far, let’s walk the rest of the way together, hand-in-hand, spirit-connected-to-spirit, so that the changes we all seek come from….
The Heritage Within!
original work by Dr. Robin Renee Sanders first published - August 25, 2010
Wednesday, June 22, 2011
SMEs Development Enterprise Role in Nation Building
Recognizing the Valuable Role of SME’s in National Development
Small and Medium Size Enterprises (SMEs) in Sub-Saharan Africa (SSA) are talked about a lot in the framework of growing unemployment and high population rates as the region rushes past the billionth person population mark (most of which is under 30). There are a number of international forums, which have focused on developing the region’s SME sector focused mostly on two elements:
-- SMEs are vehicles to employment and job creation.
-- SMEs are key to the region's entrepreneurial environment needs.
But what else are they? What else needs to be further highlighted? What can those who seek to support their growth do better? We all agree that SMEs -- just like big businesses -- start with a vision, an idea, or fulfill a need in a community. But fundamentally, SMEs play a critical role in nation building, nation advancement, and a nation’s innovativeness. Development cannot happen without them; growth cannot happen without them; socio-economic paradigms shifts cannot happen without them; and poverty cannot be reduced without them. They are what produce a country’s middle class. This is their development enterprise role.
Whether one is in West, East, South or Central Africa, the sectors needing development or expansion are the same -- agriculture, infrastructure development (power and transportation), manufacturing, and information technology. But SMEs bring other innovativeness to the table especially for the heavily-populated African urban areas, where cities in the region are expected to grow by 4-5 percent over the next decades (http://tinyurl.com/SSAUrbanGrowth).
Meaning current growth rates in sectors like agriculture, currently about 3.5 percent, needs to grow by 6 percent; energy sectors must grow by 7 percent; and, economies must grow by 8 percent or more just to keep pace with the region’s population rate. These are no small tasks (www.songhai.org - Lagos, 6/16/11). There are already reports that the economic boom of 18 SSA countries may hit a snag for some later in 2011, dropping GDP growth rates to 3.7 percent as food prices and energy costs outpace growth (http://tinyurl.com/SSA-economicoutlook).
The point is SMEs have a special role to play over the next 10 years: capitalize now on the pivotal convergence of both economic growth and current investment interests in the region.
SME stands for Small and Medium Size Enterprises, but today let’s change that acronym to Strong and Maverick Enterprises -- reflecting the development enterprise space of SMEs and micro enterprises or MEs (employing 10 people or less). They are producing, designing, employing, and more importantly innovating. They are development entrepreneurs (http://tinyurl.com/TAPblogitrrs-LagosSMEspeech).
SMEs will be the foundation of the region’s middle class and that comes with certain responsibilities. Their strength can influence other social sector changes. They can demand transparency, and improved regulatory frameworks (such as access to credit, markets, and incentives, etc).
According to Global Finance, SSA has about 331 million people in the middle class today, even though, as noted above, there are GDP record growth rates of higher than 5 percent in about 18 SSA countries (http://tinyurl.com/TAP-blogitrrs-BRICA).
So, is there something wrong with this picture? Yes, a lot. These record growth rates are not changing the paradigm of people lives in all tiers of society. If the region has 30 million SMEs, then there is no reason with this kind of growth rate that SMEs should be struggling. There should be more than 331 million successful SMEs in the region.
The Strong and Maverick Enterprise Role that SMEs play also includes a transformative role. For SMEs, this means transforming from simply surviving to sustainability; this mean transforming from just producing to productivity, and finally this mean long term market trade capabilities domestically, regionally, and internationally. These transformative rules are the same for both urban and rural entrepreneurs.
Operation Hope (www.operationhope.org), a leading U.S. non-profit, stresses that those in urban areas need to create their own jobs; create their own futures; and create their own sustainability. The same applies to SSA’s rural entrepreneurs. But how you say? What does it take? What are the tools?
Let’s look at the tools SMEs will need to further advance that business idea, that vision:
-- Training, retraining, retooling, upgrading, or reinventing an SME business is essential. There’s no shame in having to do that. It is the street smart thing to do;
-- Sound business plan, and 2-4 year goals. (Although elementary principles, many SMEs struggle with this fundamental step);
-- Good accounting practices;
-- Network with institutions that can help conceptualize and transform skills to entrepreneurship; and,
-- Finance, and access to credit are challenges,(as they are for some big business ) so look for low cost loans, government-back programs, and supplement incomes by recyling. (For example, some countries pay small stipends if you take plastic bottles to recycling stations).
Getting these tools right is on the driver side of the SME business ledger, but there is also a leadership side of the ledger to truly be a development entrepreneur:
-- Respect for diversity of thought, and new ideas;
-- Assist in shaping regulations allowing for competition and in some cases comparative advantage;
-- Set business goals, but not in concrete. Some built in flexibility helps to take advantage of unexpected opportunities.
In sum, recognizing the development entrepreneur role of SMEs as part of the growth matrix is essential for Sub Saharan Africa’s progress and the growth of the region’s middle class.
Small and Medium Size Enterprises (SMEs) in Sub-Saharan Africa (SSA) are talked about a lot in the framework of growing unemployment and high population rates as the region rushes past the billionth person population mark (most of which is under 30). There are a number of international forums, which have focused on developing the region’s SME sector focused mostly on two elements:
-- SMEs are vehicles to employment and job creation.
-- SMEs are key to the region's entrepreneurial environment needs.
But what else are they? What else needs to be further highlighted? What can those who seek to support their growth do better? We all agree that SMEs -- just like big businesses -- start with a vision, an idea, or fulfill a need in a community. But fundamentally, SMEs play a critical role in nation building, nation advancement, and a nation’s innovativeness. Development cannot happen without them; growth cannot happen without them; socio-economic paradigms shifts cannot happen without them; and poverty cannot be reduced without them. They are what produce a country’s middle class. This is their development enterprise role.
Whether one is in West, East, South or Central Africa, the sectors needing development or expansion are the same -- agriculture, infrastructure development (power and transportation), manufacturing, and information technology. But SMEs bring other innovativeness to the table especially for the heavily-populated African urban areas, where cities in the region are expected to grow by 4-5 percent over the next decades (http://tinyurl.com/SSAUrbanGrowth).
Meaning current growth rates in sectors like agriculture, currently about 3.5 percent, needs to grow by 6 percent; energy sectors must grow by 7 percent; and, economies must grow by 8 percent or more just to keep pace with the region’s population rate. These are no small tasks (www.songhai.org - Lagos, 6/16/11). There are already reports that the economic boom of 18 SSA countries may hit a snag for some later in 2011, dropping GDP growth rates to 3.7 percent as food prices and energy costs outpace growth (http://tinyurl.com/SSA-economicoutlook).
The point is SMEs have a special role to play over the next 10 years: capitalize now on the pivotal convergence of both economic growth and current investment interests in the region.
SME stands for Small and Medium Size Enterprises, but today let’s change that acronym to Strong and Maverick Enterprises -- reflecting the development enterprise space of SMEs and micro enterprises or MEs (employing 10 people or less). They are producing, designing, employing, and more importantly innovating. They are development entrepreneurs (http://tinyurl.com/TAPblogitrrs-LagosSMEspeech).
SMEs will be the foundation of the region’s middle class and that comes with certain responsibilities. Their strength can influence other social sector changes. They can demand transparency, and improved regulatory frameworks (such as access to credit, markets, and incentives, etc).
According to Global Finance, SSA has about 331 million people in the middle class today, even though, as noted above, there are GDP record growth rates of higher than 5 percent in about 18 SSA countries (http://tinyurl.com/TAP-blogitrrs-BRICA).
So, is there something wrong with this picture? Yes, a lot. These record growth rates are not changing the paradigm of people lives in all tiers of society. If the region has 30 million SMEs, then there is no reason with this kind of growth rate that SMEs should be struggling. There should be more than 331 million successful SMEs in the region.
The Strong and Maverick Enterprise Role that SMEs play also includes a transformative role. For SMEs, this means transforming from simply surviving to sustainability; this mean transforming from just producing to productivity, and finally this mean long term market trade capabilities domestically, regionally, and internationally. These transformative rules are the same for both urban and rural entrepreneurs.
Operation Hope (www.operationhope.org), a leading U.S. non-profit, stresses that those in urban areas need to create their own jobs; create their own futures; and create their own sustainability. The same applies to SSA’s rural entrepreneurs. But how you say? What does it take? What are the tools?
Let’s look at the tools SMEs will need to further advance that business idea, that vision:
-- Training, retraining, retooling, upgrading, or reinventing an SME business is essential. There’s no shame in having to do that. It is the street smart thing to do;
-- Sound business plan, and 2-4 year goals. (Although elementary principles, many SMEs struggle with this fundamental step);
-- Good accounting practices;
-- Network with institutions that can help conceptualize and transform skills to entrepreneurship; and,
-- Finance, and access to credit are challenges,(as they are for some big business ) so look for low cost loans, government-back programs, and supplement incomes by recyling. (For example, some countries pay small stipends if you take plastic bottles to recycling stations).
Getting these tools right is on the driver side of the SME business ledger, but there is also a leadership side of the ledger to truly be a development entrepreneur:
-- Respect for diversity of thought, and new ideas;
-- Assist in shaping regulations allowing for competition and in some cases comparative advantage;
-- Set business goals, but not in concrete. Some built in flexibility helps to take advantage of unexpected opportunities.
In sum, recognizing the development entrepreneur role of SMEs as part of the growth matrix is essential for Sub Saharan Africa’s progress and the growth of the region’s middle class.
Monday, June 20, 2011
The Value of Leadership and the Role of SME’s in Nation Building
By Dr. Robin Renee Sanders
Good Afternoon
It is a pleasure to be here this morning for two reasons: first to be back in Nigeria at a time when you at a turning point for great advancement in your development, and secondly to have the opportunity to speak to all of you today about the role you play in the future of your country.
My task this morning from the Foundation for Skills Development is to set the framework for not only what leadership is, but also to talk to you about your role as SMEs in nation building, in nation advancement and in national development.
Your country has just had an election that has set the stage for the next few years to be growth and change years for Nigeria, based on developing key critical sectors – especially agriculture, manufacturing, infrastructure development (e.g. power and transport sectors), and information technology.
You as SMEs, however, have a special role to play during this period -- to capitalize on this turning point and make things happen for your nation particularly for the next generation, and especially for women.
Today, Nigeria has some 68 million young people under the age of 30, and 74 million women – these figures will grown over the coming years with the potential of having nearly 72 million youth in country by 2025, and nearly 78 million women. So, SMEs like you will play a fundamental role in how the lives of both youth and women play out in the next decades.
I know that SME stands for Small and Medium Size Enterprises, but today let’s change that acronym to reflect the development enterprise space that your businesses represents, not only for you, but also for those you employ even if it is just you and 10 people or less.
The fact that you are producing, designing, employing, and innovating represents the leadership role that SMEs play in the development of any nation particularly in Nigeria given the creativity, ingenuity, and dynamism that exists in every part of society here.
You are or will be this country’s middle class, and with that comes certain responsibilities -- not only do you fill the development enterprise space in the world of the private sector, but more importantly as a country develops a strong middle class other social sector changes take place as well. You can demand better transparency, and improved regulatory frameworks (such as access to credit, market access, and incentives, etc).
According to Global Finance, Sub Saharan Africa (SSA) has about 331 million people in the middle class, and this is with record GDP growth rates of 5 percent or more, in about 18 SSA countries.
So, is there something wrong with this picture? Yes, a lot. This means these record growth rates are not changing the paradigm of people lives at all tiers of society. If Sub Saharan Africa has 30 million SMEs, then there is no reason with this kind of growth rate, and again Nigeria is reportedly at 8 per cent, that SMEs should be struggling. And, you alone as a country should have a larger SME percentage in the formal sector.
Thus, for me, I believe that you need to think about the S and the M in SME as representing the Strong, but the Maverick Role you play in society and in transforming not only key development sectors, but also changing other paradigms in Nigeria. This means transforming both agriculture and manufacturing; this mean transforming from simply surviving to sustainability; this mean transforming from just producing to productivity, and finally this mean moving from just training to long term market trade capabilities domestically, regionally, and internationally.
Whether you are an urban entrepreneur, or a rural entrepreneur your roles are the same for you in your communities. And, I am talking about communities with a big “C,” meaning not just having an impact on where you work, but also on where you live and on your nation.
One of the organizations that I am affiliated with in the U.S. is called Operation Hope. It was just a leading partner in a Summit on Urban Entrepreneurship (http://www.operationhope.org/) at Rutgers University in New Jersey. What this summit focused on was how those in urban areas find ways to create their own jobs; to create their own futures; and to create their own sustainability. But how you say? What does it take? What are the tools?
Remember, all of you are here today because you either started with an idea, you saw a need, and you had a vision.[We have wonderful examples of this kind of leadership here today such as my dear friend Father Nzamonjo of the Songhai Centers in Benin, and also here in Nigeria, such as FSD whom you all know, and my young friend Taiwo who will discuss the environmental responsibilities you have as SME leaders as you develop and expand your companies. I also saw great leadership yesterday as I visited a Lagos State Job Opportunities Center in Igando and their work with Generation Enterprise.
They all started because of an idea, a vision, and a leadership commitment to fulfill a need they saw in the communities around them.
According to Nigeria World (http://tinyurl.com/NigeriaWorld), in 2003, SMEs employed about 60 per cent of the informal and formal labor force in Nigeria. Taking into account current population growth rates this percentage now is probably closer to 70 percent. With your population reportedly today anywhere between 150-152 million, and in ten years could reach 170 million – if your growth rates remain the same . . . your role will not get smaller but larger, and more comprehensive as community change-agents. We too, in the U.S., are returning our efforts to focusing on the importance of SMEs, and their role in rebuilding America’s future. Your role in Nigeria is no different. Your challenges maybe different, but your role is no different.
So let’s look at the tools, the drivers you will need to further advance that business idea, that vision, that has made you an SME today. Certainly I would have on that checklist:
• Financing, and access to credit ( I am aware of the challenges here in getting access to credit, but also know that institutions like the Central Bank, Bank of Industry, some development partners and others are very much focusing on these issues for SMEs);
• Training and retraining – remember things change and you too may need to retool, upgrade, or reinvent yourself and your business. There is no shame in having to do that. It is the street smart thing to do so;
• Let your voice be heard regarding shaping the regulatory environment that allows you to be successful, competitive and in some cases have a comparative advantage;
• Have at least a sound business outline, or better yet a business plan with goals of where you want to be in 3-to-5 years;
• Have good accounting practices; and,
• Work with institutions like FSD that can help you turn and conceptualize your business from vocational training to entrepreneurship.
I know that you know all these things, but sometimes it is good just to hear them again. Getting these tools and drivers right is also part of the leadership end of the ledger along with your passion for what you do as SME leaders as a development entrepreneur.
I care about issues of food security, education (particularly in entrepreneurial training), environment-energy, economics, development-democracy, and self help (The FEEEDS® issues) as these are the issues that I am passionate about and that I have chosen are important to me at this stage of my life.
You have to have that same sort of passion for what you do (Yes, I know the financing, market issues, and profits are the real-politick of surviving), but having passion for your business is that intangible leadership tool that can help you survive, and your business to have longevity.
My task this morning from the Foundation for Skills Development is to set the framework for not only what leadership is, but also to talk to you about your role as SMEs in nation building, in nation advancement and in national development.
Your country has just had an election that has set the stage for the next few years to be growth and change years for Nigeria, based on developing key critical sectors – especially agriculture, manufacturing, infrastructure development (e.g. power and transport sectors), and information technology.
You as SMEs, however, have a special role to play during this period -- to capitalize on this turning point and make things happen for your nation particularly for the next generation, and especially for women.
Today, Nigeria has some 68 million young people under the age of 30, and 74 million women – these figures will grown over the coming years with the potential of having nearly 72 million youth in country by 2025, and nearly 78 million women. So, SMEs like you will play a fundamental role in how the lives of both youth and women play out in the next decades.
I know that SME stands for Small and Medium Size Enterprises, but today let’s change that acronym to reflect the development enterprise space that your businesses represents, not only for you, but also for those you employ even if it is just you and 10 people or less.
The fact that you are producing, designing, employing, and innovating represents the leadership role that SMEs play in the development of any nation particularly in Nigeria given the creativity, ingenuity, and dynamism that exists in every part of society here.
You are or will be this country’s middle class, and with that comes certain responsibilities -- not only do you fill the development enterprise space in the world of the private sector, but more importantly as a country develops a strong middle class other social sector changes take place as well. You can demand better transparency, and improved regulatory frameworks (such as access to credit, market access, and incentives, etc).
According to Global Finance, Sub Saharan Africa (SSA) has about 331 million people in the middle class, and this is with record GDP growth rates of 5 percent or more, in about 18 SSA countries.
So, is there something wrong with this picture? Yes, a lot. This means these record growth rates are not changing the paradigm of people lives at all tiers of society. If Sub Saharan Africa has 30 million SMEs, then there is no reason with this kind of growth rate, and again Nigeria is reportedly at 8 per cent, that SMEs should be struggling. And, you alone as a country should have a larger SME percentage in the formal sector.
Thus, for me, I believe that you need to think about the S and the M in SME as representing the Strong, but the Maverick Role you play in society and in transforming not only key development sectors, but also changing other paradigms in Nigeria. This means transforming both agriculture and manufacturing; this mean transforming from simply surviving to sustainability; this mean transforming from just producing to productivity, and finally this mean moving from just training to long term market trade capabilities domestically, regionally, and internationally.
Whether you are an urban entrepreneur, or a rural entrepreneur your roles are the same for you in your communities. And, I am talking about communities with a big “C,” meaning not just having an impact on where you work, but also on where you live and on your nation.
One of the organizations that I am affiliated with in the U.S. is called Operation Hope. It was just a leading partner in a Summit on Urban Entrepreneurship (http://www.operationhope.org/) at Rutgers University in New Jersey. What this summit focused on was how those in urban areas find ways to create their own jobs; to create their own futures; and to create their own sustainability. But how you say? What does it take? What are the tools?
Remember, all of you are here today because you either started with an idea, you saw a need, and you had a vision.[We have wonderful examples of this kind of leadership here today such as my dear friend Father Nzamonjo of the Songhai Centers in Benin, and also here in Nigeria, such as FSD whom you all know, and my young friend Taiwo who will discuss the environmental responsibilities you have as SME leaders as you develop and expand your companies. I also saw great leadership yesterday as I visited a Lagos State Job Opportunities Center in Igando and their work with Generation Enterprise.
They all started because of an idea, a vision, and a leadership commitment to fulfill a need they saw in the communities around them.
According to Nigeria World (http://tinyurl.com/NigeriaWorld), in 2003, SMEs employed about 60 per cent of the informal and formal labor force in Nigeria. Taking into account current population growth rates this percentage now is probably closer to 70 percent. With your population reportedly today anywhere between 150-152 million, and in ten years could reach 170 million – if your growth rates remain the same . . . your role will not get smaller but larger, and more comprehensive as community change-agents. We too, in the U.S., are returning our efforts to focusing on the importance of SMEs, and their role in rebuilding America’s future. Your role in Nigeria is no different. Your challenges maybe different, but your role is no different.
So let’s look at the tools, the drivers you will need to further advance that business idea, that vision, that has made you an SME today. Certainly I would have on that checklist:
• Financing, and access to credit ( I am aware of the challenges here in getting access to credit, but also know that institutions like the Central Bank, Bank of Industry, some development partners and others are very much focusing on these issues for SMEs);
• Training and retraining – remember things change and you too may need to retool, upgrade, or reinvent yourself and your business. There is no shame in having to do that. It is the street smart thing to do so;
• Let your voice be heard regarding shaping the regulatory environment that allows you to be successful, competitive and in some cases have a comparative advantage;
• Have at least a sound business outline, or better yet a business plan with goals of where you want to be in 3-to-5 years;
• Have good accounting practices; and,
• Work with institutions like FSD that can help you turn and conceptualize your business from vocational training to entrepreneurship.
I know that you know all these things, but sometimes it is good just to hear them again. Getting these tools and drivers right is also part of the leadership end of the ledger along with your passion for what you do as SME leaders as a development entrepreneur.
I care about issues of food security, education (particularly in entrepreneurial training), environment-energy, economics, development-democracy, and self help (The FEEEDS® issues) as these are the issues that I am passionate about and that I have chosen are important to me at this stage of my life.
You have to have that same sort of passion for what you do (Yes, I know the financing, market issues, and profits are the real-politick of surviving), but having passion for your business is that intangible leadership tool that can help you survive, and your business to have longevity.
There are a few other leadership things I also want you to keep in mind:
• The importance of the respect for diversity of thought, and new ideas;
• Remember that as you change, markets change, and your product may need to change along with it;
• Pay attention to what is happening in your communities and in your nation so that you can always play a role in the advancement of your nation as an SME, as a Strong and Maverick Enterprise; and,
• Set goals for your companies, but not in concrete, have some flexibility built in so that if unexpected opportunities arise, you can take advantage of them.
I have intentionally used charged word-phrases like community change-agent when describing your leadership role as an SME because I want you to leave here embolden, energized, and emotive not only about your business, but also about your role in your country’s development as a development entrepreneur especially given the opportunities that lie ahead in this transformative era for Nigeria. You are Strong, You are Mavericks, and you are SME’s! And, you are Nigeria’s future!
Thank You!
• The importance of the respect for diversity of thought, and new ideas;
• Remember that as you change, markets change, and your product may need to change along with it;
• Pay attention to what is happening in your communities and in your nation so that you can always play a role in the advancement of your nation as an SME, as a Strong and Maverick Enterprise; and,
• Set goals for your companies, but not in concrete, have some flexibility built in so that if unexpected opportunities arise, you can take advantage of them.
I have intentionally used charged word-phrases like community change-agent when describing your leadership role as an SME because I want you to leave here embolden, energized, and emotive not only about your business, but also about your role in your country’s development as a development entrepreneur especially given the opportunities that lie ahead in this transformative era for Nigeria. You are Strong, You are Mavericks, and you are SME’s! And, you are Nigeria’s future!
Thank You!
Subscribe to:
Posts (Atom)