We had the privilege of gleaning some wisdom from guest faculty Gbenga Oyebode, lawyer and chairman of Aluko and Oyebode, one of Nigeria’s top commercial law firms.
In this interview Gbenga shares his tips for doing business in Africa, his reasons for teaching at ALU School of Business, as well as his thoughts about what kind of leadership is needed to advance Africa and help bring about the African Century.
“Our ability to manage our people better, to mentor our people and show true leadership around the problems that bedevil our continent…that’s going to be the difference between the past and the future.”
Here are some highlights from Gbenga’s interview:
What is key to doing business in Africa that most people overlook?
“The 50+ countries on the African continent are not all the same….I think the real key is knowledge of the local market. Try to understand the market you go to, try to behave like the locals, to to understand what they want, their aspirations…pay special attention to the likes and dislikes of the local communities”.
What led you to teach at the ALU School of business?
“I have always felt that the gap on the continent is around education and leadership. I think that if we are going to achieve our objectives, and if in 20 years we look back and we ask, ‘What have we done?’ , it would be that we have educated our people better and at all levels, but that that education also includes significant investment around leadership”.
What kind of leadership is needed to drive Africa forward in the next 10-15 years?
“Our students must focus on leadership as a core skill, in addition to all the other specialist skills that they have acquired along the way…that’s going to be the real difference. Our ability to manage our people better, to mentor our people and show true leadership around the problems that bedevil our continent…that’s going to be the difference between the past and the future”.
Watch Gbenga’s full video interview here: