Growth
Accelerator hosted an ecosystem event on the Business Strategy and Leadership
on Thursday, 27th February 2020 at mHub Offices. The aim of this
event was to discuss the intricacies of business strategy and how business
strategy interplays with leadership. The 2-hour informal gathering was attended
by 20+ entrepreneurs and professionals in the Lilongwe area.  Growth Accelerator implementing partners,
mHub and GrowthAfrica anchored the discussion as various members of the
audience shared their perspectives, experiences and lessons learnt.

The event was a
balanced mix of activity and talk. The attendees had to participate in a
minefield exercise in teams and potentially draw lessons on leadership from the
task. During the activity, one team member was blindfolded and took instruction
from fellow team members to navigate a minefield. The blindfolded team member
in this case was considered the leader. After this fun exercise the attendees
had a few lessons to share. Common sentiments were around the need for leaders
to trust their team and empower the team to work at their best. Business
strategy is driven by people. A business’ workforce is what builds the brand,
the perception and ultimately the business. Leaders have to learn to trust and
empower employees, this being a reasonably sore topic for entrepreneurs in the
room.

The last
activity of the night was a talk by Vincent Kumwenda, Chief Executive Officer
of mHub. Vincent shared key leadership principles he has used when driving a
strategy and working with the mHub team. This has been summarized below:

  • Lead by Example
  • Be goal oriented
  • Take responsibility and do not
    blame others
  • Share the praises (publicly and
    privately)
  • Know how to develop your team.
    Focus on their strengths and opportunities for growth
  • Work on improving your
    communication skills

Growth
Accelerator hosts monthly ecosystem events that target entrepreneurs beyond the
programme. The informal events are information sharing and learning events that
create a platform for local entrepreneurs to interact. These interactive events
are anchored by experienced invited guests or speakers that drive the
conversation. The next ecosystem event is on “Investment Options for
Entrepreneurs” sign up to attend.

See you next time!

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Author: admin