Human Capital & Wealth Creation Abdul ‗Dewale Mohammed Founder & Executive President Africa Asia Scholars Global Network (AASGON) PROMOTERS OF PRIDE OF AFRICA - ASIA LEADERSHIP (PAAL) AWARDS email@example.com
21st Century Challenges –Education & Employment Academic Challenges – Human Resource Development Item 1 Human Capital – Creative Minds Item 2 Entrepreneurship – Commercialization Item 3 Public Private Partnership – Item 4 Corporate Social Responsibility Globalization – Diversification Item 5
•Unlocking the Wealth of Universities • Academic Entrepreneurship Academic • Human Resource Development. Challenges • Identify and Evaluate University’s i) Clarity of vision and purpose ii) Management Ethos iii) Entrepreneurship Policy. iv) Modes of Operation v) Staffing requirements and skills vi) Student Admission Criteria Skills & Mind Set vii) Assets Commercialization viii) Sustainability
The Human Mind is very•Nurturing the human intellect creativeIgnite the spiritual minds of youthsHUMAN CAPITAL ENTREPRENEURSHIP• Underutilization of Human Potentials • Dynamics: • intra-preneurship and o Creativity corporate venturing o Governance • Sound understanding of the o The Will Market o Responsiveness • Transformation of Innovations o Enabling • Economic Viability Environment
•Organization and Management- The Driving Force • Values • Policy Frame work embracing Entrepreneurship in learning • Potentials • Creating the enabling Environment
•Human Resource CapitalizationSpiritual and Political Will to Enhance the Human Spirit . • Breeding Job • Community Hunters as against Wealth Chronic Mismatch Job Creators . undervalued between: • Limited Employers • Right peg in the • Education System Broad Skills wrong hole. • Wealth Creation • The Labour Market
•GlobalisationDiversificationDespite its endowedwealth Africa remainsmarginalised andimpoverished
•The Emerging EconomiesKnowledge EconomiesChina and India withmost Rapid growthand industrialisation • Universities to become more innovative and generate new knowledge ASEAN –China Free for sustainable growth.Trade Area remainlargest regionalemerging market in • Interactand engage withthe world. local government and industries
•Africa Asia Integration • Asian Academics lack the coherent strategy for exploiting the benefits of globalization and its • Level of People-to growing prominence in People interaction the international arena. (business, academia and the civil society) is far less encouraging.• Significance of Africa and Asian ancient history • Dynamic and enabling cannot be overstated. institutional framework for mobilizing Asia to maximize its impact on Africa is critical.• Interaction among Africa and Asia sub regional organisations is imperfect.
Emerging prospects AASROC, NAASP and South-South Cooperation efforts at creating a balanced cultural, social and economic transformation of a New Africa – Strong leads for Asia and Pacific Universities Africa Asia Academic Framework for Cooperation
Bandung - Promoting Afro-Asianeconomic and cultural cooperation Museum of Africa Asia Conference
•Public Private PartnershipBridging Resource Gap Explore opportunities for new Innovation PPP an ideal model for developing and financing projects Private finance initiative (PFI) • Projects via the PPP delivery process backed with effective Balancing engagement with collaboration can help unlock the the private sector and the Community wealth of Universities Promote multi-sectoral approaches • P3 an alternative market rate financing to fund university projects.
•Traditions and customs21st Century Challenges –Governance & Youths Attitudes, abilities, skills. Evaluation of what to accomplish Specificpurpose and anticipated benefits of accomplishing the goal. Human Resource and Capacity to make it happen RiskAccess identify constraints , review strategies Appropriate Facilities
•Workforce CompositionReflection of Present Society Staff Mind Set 7%19% represents population ofLecturers who asentrepreneurs, double up as 74%Consultants outside theUniversity7% with entrepreneurship spiritrepresents Lecturers making 19%their way to becomingConsultants74% represents population ofLecturers, less creative with nopersonal engagement outsidethe university and contentedwith their university work –awaiting pension/retirement
•Smart–e GoalsKey Performance Indicators (KPIs) Individual &* Group Assessment and Specific Competency Human Resource Management Measurable Attainable Staff Management Needs & Outcome Analysis Project Management Relevant Time Bound Performance Evaluation Sustainability Evaluate & Reevaluate
•Potentials for GrowthWealth & Job Creation Remodel the academic sector in line with entrepreneurship and innovation Process 1 Enlarge the Job Market - BarackObama Recognize, Explore and Enhance Staff /Student‘s individual potentials Process 2 Develop an Asset Approach - Oprah Winfrey Attitudes, abilities, skills, facilities and financial capacity Process 3 Measure progress – William Henry ‗Bill‘ Gate Process 4 Performance Evaluation – Li Ka- shing
Neglect of micro and •Small Enterprises Entrepreneurship Not Academic Local Wealth - The undervalued and neglected mainstream and stronghold for sustainable economic development.
•StrengtheningUniversities “The aim of education should be teaching usThe Local community has how to think, ratherconsiderable economicmultiplier impact than what to think” – James BeattiThink local share global ― A handful of good lifeEnsure inclusion of is better than a bushelcommunities the of learning. ‖civic, labour and faithgroups in planning and — George Herbertimplementation.Maintain Strategicalliance with governmentand the private sector
Academic, Career, Exchange 2013Summer & Culturalnterested Institutions and scholars should email carol smith at firstname.lastname@example.org