Far from being hopeless, Africa is full of hope and potential, maybe more so than any other continent. The challenge is to ensure that its potential is utilised.
Mo IbrahimRead
In the final analysis, finding a way to do clean business and not to pay bribes actually improves your bottom line.
Interpretation
Engaging in honest business practices ultimately leads to greater profits.
Mo Ibrahim emphasizes that maintaining ethical standards in business, such as avoiding bribery, can lead to improved financial performance. The quote suggests that integrity and transparency not only foster trust but can also enhance a company's reputation and success in the long run.
In practice
This quote can be shared in a business ethics seminar to emphasize the importance of integrity.
Far from being hopeless, Africa is full of hope and potential, maybe more so than any other continent. The challenge is to ensure that its potential is utilised.
A narrative that branded Africa as little more than an economic, political and social basket case was not likely to provide the investment needed to drive development.
Experience shows that when political governance and economic management diverge, overall development becomes unsustainable.
There is a crisis of leadership and governance in Africa, and we must face it.
If economic progress is not translated into better quality of life and respect for citizens' rights, we will witness more Tahrir Squares in Africa.
Africa is rich, and why are we poor then if our continent is rich. It is not right.
If I only had two dollars left I would spend one dollar on PR.
For ecommerce, the most important thing is trust.
As long as you keep doing the right thing and have the best product, you can beat the bigger company.
As a multisport athlete, I was always fascinated with competition and how to win. At HBS and later at the Harvard Department of Economics, I was drawn to the field of competition and strategy because it tackles perhaps the most basic question in both business management and industrial economics: What determines corporate performance?
A visionary company doesn't simply balance between idealism and profitability: it seeks to be highly idealistic and highly profitable. A visionary company doesn't simply balance between preserving a tightly held core ideology and stimulating vigorous change and movement; it does both to an extreme.
Companies that get confused, that think their goal is revenue or stock price or something. You have to focus on the things that lead to those.
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