So Jeff, what's your view on talent across Africa? So let me start with this mobility issue and my experience on the boards of East African Breweries. By the way, my CV has become very, very short. Did you, did you see what was happening there, you know, all these other that were there no longer there. So you know, I don't know, I'll bump it up like this mobility. My experience is that actually in some organizations in Africa you see a lot of mobility. East African Breweries, Uganda Breweries, a lot of mobility and people ask that, but why are we not having Ugandans, only Ugandan at Uganda Breweries. And they say, did you know that within East Africa, Uganda has the largest number of experts outside Uganda in East African Breweries and so on and so forth? And we see a lot of mobility. Of course the borders are are not yet clearly open to possibly you need work permits even in East Africa. You know, some people struggle to get a work permit, but mobility is going to be a very big factor. So what are we seeing, the trends? And what are the drivers definitely technology is driving the the talent and the talent of the future and when you talk about the technology we're seeing things like cyber security experts and so on. You know as they as they do the job that we're not there 20 years ago of 10 years ago you didn't see in the papers they are now and there would demanded everywhere within Africa EG our Linda here we're told this is an expert in. She is driving you at board level. You cannot believe how many people approach me saying we need a board member with ESG expertise and so on and it's also going to be at at the at the level of staff. The in these Africa itself we are seeing more movement, I mean to not all equal, but we've seen more movement of people within East Africa. You know you go to Tanzania, you go to Kenya, you find that it's not yet of course 100% balance, but that is that is going to be a very big factor. The economic and geopolitical disruption that we have seen are going to be a very big factor in people in mobility within. African. So if the borders were actually open you would be you, you'd be amazed to see how people are moving for their pockets where they have a bit of excess and pockets where there's a lot of deficit. But in these areas that have mentioned there is definitely going, there is a deficit. Of course we the the COVID after effects also have impacted on the way on on the way we work. Mobility is important but you do not have to actually move to be able to work. So that is also influencing the trend in the talent. That you get in Africa, in the region, of course the the whole growth areas have completely changed. Was 1. Ruth is not here but she warned me about Mackenzie and four Mackenzie and and and and so on. But I I'm not going, I can talk about KPMG, KPMG leader survey for East Africa and and found that actually the jobs that are coming up in terms of technology, definitely the digitization, sustainability. I mean five years ago you did not have heads of sustainability and so on you know organizations so you're getting that. Interestingly, education also and it is not. There is a great demand for executive education and for education in specialist areas. They still demand for you know schools and so on. But that is going to be a bit interestingly agriculture is another area that they found even in the World Economic Forum report that agriculture is also an area where you are getting a lot of the new talent and and and that's grown in Africa and now we are talking about green, green agriculture, you know so, so those are the areas. That's part of growing and that's the trend that we're seeing in East Africa and in Africa then the skills are gone. Completely different for us accountants, IFRS was a very big thing, but people are now looking for people who can think critically and creatively in fact. People who did art design and things like that are in very great demand than probably for us who did things that were why are you doing this this way? Because International Financial Reporting Standards say you do it this way. So you are getting more creative thinking people. And then we are getting people we want, people who are terms which we never use. Resilient. And what is resilient person? Alright, resilient, flexible, agile innovation. So. The World Economic Forum said that 44% of the workers there is interruption in their skills over the next five years. But have we got that interruption in the schools and in the syllabus? And I'm looking at some academics looking at this straight. So we have got to interrupt the syllabus both from right, from primary and so on and so forth. So therefore in Peace 7 examination it should not be who discovered like. Victoria, But what does Lake Victoria add to Uganda's economy to start an economy and what are the risks to the fish in Lake Victoria, environment and otherwise? So they would need for disruption. So let me stop there and and and and those will by views about what we're seeing not only here in Africa, the change in the talent moving forward. Thank you. Wow. Thank you very much, Jeff.
The boardroom master class is itself a masterpiece! Very informative, engaging and insightful. It has become a must attend on my event calendar. Keep it up ✍️
Executive Search I Talent Acquisition & Recruitment I Helping C-level and Directors secure Top Talent across Africa, The Middle East, Europe & United Kingdom
South Africa boasts incredible potential, but a growing skills gap threatens to hold back our economic engine.
In tomorrow’s newsletter, we delve into the specific sectors most affected and explore the potential consequences for the country's future.
But it's not all doom and gloom! I also explore potential solutions and how businesses can bridge the gap.
Don’t miss out, subscribe on: https://lnkd.in/dtdt6twY and follow me to see if your industry is feeling the squeeze.
If you want to see it first, then turn on the 🔔 notification.
#skillsgap#southafrica#economy#talenthunting#jobmarket#hiringEmerging Search Consultants
P.S. Do you see the skills gap impacting your industry? Share your thoughts in the comments!
Call for Expression of Interest (EoI) – SME Support Facility
Based on the guiding principle of "Investment for jobs", the Federal Ministry for Economic Cooperation and Development (BMZ) aims to improve the economic conditions in selected African partner countries, including Ethiopia, with the "Decent Work for a Just Transition" programme under the Invest for Jobs - Special Initiative "Decent Work for a Just Transition" for Jobs brand in designated locations and economic sectors and to promote sustainable investments.
As part of this initiative, sequa's SME support facility aims to facilitate the business growth and job creation of Ethiopian small and medium enterprises (SMEs) by increasing their competitiveness and productivity so that their products and services will satisfy the demand in local and international markets. A specific focus will be given to women-owned SMEs, job creation, and employability training for women.
📣 We proudly announce the start of the application process for another round of support under our "SME Support Facility". Sharing this post is highly appreciated!
What we offer
- Executive coaching to unlock leadership and high-level skills necessary to succeed.
- Individual technical expert support to solve specific problems like product quality, market development, and access to finance.
- Machinery/ equipment support (up to €12,000 with SME's own contribution)
- Peer-to-peer learning, training, and much more
Who can apply?
- SMEs with high job-creation potential (minimum 25 decent jobs over the next 15 months)
- Legally registered & privately owned.
- More than two years in business
- Profitable
Project areas?
- Sector agnostic.
- Digital marketplace companies are encouraged to apply.
- Companies with a job-creation potential of above 200 decent jobs over the next 15 months are encouraged to apply.
How to apply?
- 👉 Send an email to [email protected] to express your interest with the following information: sector, product/service, current employment numbers, revenue in the previous fiscal year, and telephone number.
- If you want more information, email [email protected] or call +251-946085081.
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbHInvest for Jobs - Special Initiative "Decent Work for a Just Transition"#JourneyofChange#smes#technicalsupport#financialsupport#grants
⭐ Most In-Demand Skills in Ethiopia’s Job Market
Ethiopia’s job market is evolving, and to stay ahead, it's essential to master skills that match the country’s rapid economic and digital advancement. Here are five crucial skills for professionals and entrepreneurs:
1️⃣🌐 Data Science & Analytics :- Businesses across various industries are relying on data to make smarter decisions. If you can analyze trends, create actionable insights, or visualize data effectively, you’ll be a significant asset in the market.
2️⃣🧠 Critical Thinking & Problem-Solving :- Employers seek individuals who go beyond following instructions to creatively tackle complex challenges. Whether it’s untangling a complicated issue or enhancing operational efficiency, this skill will set you apart from others.
3️⃣🤝 Effective Communication & Teamwork:- In Ethiopia's fast-paced job market, these are essential skills that enhance collaboration, reduce misunderstandings, and drive productivity and innovation, making them crucial for professional success.
4️⃣📚 Lifelong Learning & Adaptability :- As sectors like AI, fintech, agriculture, manufacturing, outsourcing, and renewable energy grow, the most successful professionals are those who continuously enhance their skills. Embracing a mindset of perpetual learning is your most valuable asset.
5️⃣🚀 Entrepreneurial Mindset :- Ethiopia is buzzing with opportunities for startups and innovators. By being proactive, resourceful, and solution-driven, you can succeed in starting a business or leading an organization. Identify challenges in your community and think: What solutions can you offer?
💡 Success belongs to those who dare to grow and innovate. Which of these skills will you focus on? Let’s inspire each other!
#SariaConsultancyPLC#Recruitment#HR_Outsourcing#Payroll_Management#FutureOfWork#SkillsFor2024#CareerSuccess#EightYearsTogether#SariaConsultancyPLC
Economist Robert Lucas said: “Once you start thinking about [economic] growth, it’s hard to think about anything else.” Here’s why I can’t think about anything else these days:
Because I care about driving more jobs in Africa, for Africans. 11M Africans enter the workforce each year for 3M jobs. With those numbers, we *all* should be thinking about jobs.
Where do jobs come from?
They *don't* come from upskilling certificates or hit-and-run training programs.
They *do* come from employers hiring more people. What makes an employer hire more people? They’re growing or they’re moving into a new market (whether to sell or to hire).
What kind of employers hire more than anyone else - at least in healthy economies? Small businesses. (Or SMEs, or SGBs, or firms, or whatever you want to call them.)
But what don’t we have enough of here in Africa? Businesses that are growing & employing more people. Instead 77% of Sub-Saharan Africa is self-employed (which in many cases also means “under-employed”).
We need to focus on growing SGBs (small & growing businesses), particularly in sectors that are ready to boom like Africa’s green economy and green transition.
At Shortlist Professionals / Shortlist Futures, we’re becoming obsessed with the role of growing small firms as a chief enabler of more and better jobs, particularly within the green economy. We’re looking to launch a new Green Jobs Accelerator targeting money and support to small businesses that aspire to grow, employ more people, provide on-job training, and create better jobs.
Wanna partner? Let’s talk!!
♻️ Repost this to share with anyone interested in jobs in Africa.
And follow Paul Breloff for more insights on the future of work.
⭐ Most In-Demand Skills in Ethiopia’s Job Market
Ethiopia’s job market is evolving, and to stay ahead, it's essential to master skills that match the country’s rapid economic and digital advancement. Here are five crucial skills for professionals and entrepreneurs:
1️⃣🌐 Data Science & Analytics :- Businesses across various industries are relying on data to make smarter decisions. If you can analyze trends, create actionable insights, or visualize data effectively, you’ll be a significant asset in the market.
2️⃣🧠 Critical Thinking & Problem-Solving :- Employers seek individuals who go beyond following instructions to creatively tackle complex challenges. Whether it’s untangling a complicated issue or enhancing operational efficiency, this skill will set you apart from others.
3️⃣🤝 Effective Communication & Teamwork:- In Ethiopia's fast-paced job market, these are essential skills that enhance collaboration, reduce misunderstandings, and drive productivity and innovation, making them crucial for professional success.
4️⃣📚 Lifelong Learning & Adaptability :- As sectors like AI, fintech, agriculture, manufacturing, outsourcing, and renewable energy grow, the most successful professionals are those who continuously enhance their skills. Embracing a mindset of perpetual learning is your most valuable asset.
5️⃣🚀 Entrepreneurial Mindset :- Ethiopia is buzzing with opportunities for startups and innovators. By being proactive, resourceful, and solution-driven, you can succeed in starting a business or leading an organization. Identify challenges in your community and think: What solutions can you offer?
💡 Success belongs to those who dare to grow and innovate. Which of these skills will you focus on? Let’s inspire each other!
#SariaConsultancyPLC#Recruitment#HR_Outsourcing#Payroll_Management#FutureOfWork#SkillsFor2024#CareerSuccess#EightYearsTogether#SariaConsultancyPLC
In a recent interview with Ming Pao, Chamber CEO Patrick Yeung discussed the importance of setting up a two-way information platform to match high-calibre professionals with industry needs accurately, thus enhancing the outcomes of the Top Talent Pass Scheme. This would help overseas talent find jobs in Hong Kong and enable the business community to understand the choices available in the talent pool.
Discussing the operational challenges facing the SMEs, Yeung underscored the need for the Government to clarify with each industry what funds they need and simplify the application process so businesses can obtain government funding in the shortest time possible.
Yeung also discussed the Chamber’s proposals for the 2024 Policy Address, focusing on revitalizing the economy, fostering growth and development, and improving people’s livelihood.
Click here for the Chamber’s submission for the 2024 Policy Address: https://lnkd.in/gFtS2zpz
Check out the findings of the Chamber’s recent SME survey: https://lnkd.in/guCS3eMu
Read the full news articles here:
#1: https://lnkd.in/gyiqFBav
#2: https://lnkd.in/gvnxjjU5#hkgcc#hongkongbusiness#talentattraction#sme#governmentfunding#policyaddress
+++++ Human Resources – critical for business success! +++++
On 22nd April 2024 the Conference “Doing Business in Africa – Business Meets Science” was organized by the Doing Business in Africa // ESB Business School, Reutlingen University Research Group and hosted at IHK Reutlingen. Professor Dr. Larissa Zierow moderated the breakout session on yet another interesting topic about “Dealing with Shortage of Skilled Labor in Africa: HR Priorities and Retention Strategies.”
In her academic presentation, Dr Yetunde Anibaba, Lagos Business School, Pan-Atlantic University pointed out that the situation of labor shortage in Africa stems from outdated formal educational systems which fall short of the needed skills for 21st century jobs. She narrated that major skill gaps are found in IT infrastructure, finance, banking, tourism management etc. Providing an illustrative example, she explained that the shortage of skilled labor of Nigerian businesses translates into higher recruitment costs and lower productivity levels. Consequently, Nigerian companies struggle to innovate and compete in the global market. Dr Anibaba recommended that companies need to consider talent shortage and create new models of work to recruit and retain talented employees.
From her managerial experience, Ujunwa Somtochukwu of Giesecke+Devrient also highlighted the factors a company should consider when designing a strategy to retain employees. These include needs analysis, flexibility in all ramifications, fairness and equality, meaningfulness, industry specifics and evaluation and feedback. She made a call to action by emphasizing that companies must stick to core values, knowledge transferability and dynamism when labour retention is concerned.
Participants of the break out session also provided inputs on the topic. Interestingly, they agreed that young people would like to stay in Africa but the decision to stay depends on good payment and working conditions.
Do you think there are other ways Africa can retain its talent? Share your thoughts with us.
#braindrain#retention#skillshortage#HR#strategies#DBA#ESB
Working on elevating your #global team with equally-competent talent?
Here is why South Africa should be qualify your onboarding list:
🇿🇦 Emerging Markets
🇿🇦 Skilled Workforce
🇿🇦 Diverse Economy
🇿🇦 Innovation Hub
🇿🇦 Strategic Location
Click our quick blog below to learn more about hiring in #SouthAfrica 🌏
𝗜𝗡𝗗𝗨𝗦𝗧𝗥𝗬 𝗡𝗘𝗪𝗦
This week’s industry news focuses on new data that reveals a nuanced picture for one of South Africa’s most important sectors: while sentiment is improving, business activity remains tempered.
For job seekers, monitoring these sector shifts offers insights for career choices. Despite current challenges, upticks in indices like new sales orders hint at future opportunities. Keeping abreast of these indicators helps identify growing sectors within manufacturing for promising careers.
Employers must also consider the broader economic context when hiring. While sentiments may improve, assessing long-term sustainability and risks like rising purchasing prices is crucial. Strategic planning, accounting for short-term fluctuations and long-term trends, ensures operational resilience.
𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝘀𝘁𝗼𝗿𝘆 𝗵𝘁𝘁𝗽𝘀://𝘁𝗶𝗻𝘆𝘂𝗿𝗹.𝗰𝗼𝗺/𝗺𝗰𝟰𝟴𝗲𝟵𝗸𝟯
#EconomicNews#IndustryAnalysis#BusinessUpdates#JobMarketTrends#CareerOpportunities#ManufacturingSector#EmploymentMarket#JobMarketAnalysis#CareerPath#EconomicPerformance#JobSearchStrategies#CareerInsights#ProfessionalGrowth#EconomicOutlook#JobHunting
Credit Manager, Wholesale Credit , Absa Bank Uganda.
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