Prof. Ndubuisi Ekekwe leads the FASMICRO Group, which provides advisory services and builds firms. His mission is to fix market frictions by accumulating capabilities and moving to new frontiers. He discusses how the world is made up of numbers and data insights can transform perceptions and unlock new growth opportunities. Ekekwe advocates accumulating capabilities in upstream sectors to improve quality and price. He outlines opportunities in key domains like agriculture, healthcare, and education by addressing frictions. The goal is to transform data usage from just running to enabling exponential growth through redesign and sector transformation.

1. Prof. Ndubuisi Ekekwe
FASMICRO Group
Leading In A Tough
Economy

2. About Fasmicro Group / Founder
• 2 PhDs, 4 Master’s degrees,
– B.Eng FUTO
• Fasmicro Group, USA
– Advisory Services and Building firms
– Bill Gates, UN, UBA Plc. Gabon, etc
• Prof (Carnegie Mellon, BU)
– Harvard Business Review

3. Tough Economy

4. Why Do We Need Companies?
4
• Customers
Demand
• Firms (Banks,
Restaurants,
school, etc)
Market
Frictions • Producers
Supply
N Ekekwe, Harvard Business Review

5. The Mission
• Our Missions
– Fixing frictions
– Accumulate capabilities
– Moving to Next Frontiers
• Acquire new capabilities or refine
current ones
– Test, execute and scale
-
Process, understand, personalize
Returning back to Pythagoras
• Friction domains
– Trading
– Manufacturing
– FMCG
– Other Services
Frictions Capabilities
Moving towards Natural State (Perfect) of
Financial Services Delivery because of Numbers

6. Understanding Your Frictions
The Pythagoras Postulation
• The World is Made up of Numbers
• People, Process and Tools

7. The World is Made up of Numbers
– Pythagoras
The Beginning

8. Data for Perception Demand
• Disruptive Innovation (set new basis of competition)
– Needs, Expectations and Perceptions of Customers
– Cases (newGen Banks, Apple, Intel Inside, HP LaserJet)
• Unlock the Unbounded Future (AI via better use of numbers)
Perceptions
Expectations
Needs
N Ekekwe, Harvard Business Review
Data Insights Perception

9. Accumulation of Capability
• Upstream Sector Operation
– With Indomie vertically integrated business (power,
training, etc), there was no left efficiency which
Dangote could exploit to improve quality & price

10. Unlock New Growth
• $2.3T to $10T by 2035
Apps
Logistics,
Ecommerce,
agro, etc
Operating
System
Core
Firmware
Talent,
Knowledge,
etc
Must not just be a
sector but a
platform of new
African commerce
& industry

11. New Basis of Competition
11

12. Source: N Ekekwe, Harvard Business Review

13. Fixing Frictions in Key Domains
Agriculture
Healthcare
Real Estate
(Digital Asset
Register)
Education, etc
Tech
(energy,
corruption etc)
13
Core Mission

14. Data must TRANSFORM, not just RUN
• Linear to Exponential Growth
• Redesign
• The Eras
– Banking 2.0 – 1990s
– Voice telephony – 2000s
– Mobile Internet /Data – 2010s
– Application Utility – 2020s
• Massive shifts with immersive connectivity
• Sector transformation, as OS
From
Data that
Runs…
…to Data
that
Transforms

15. The Higher Mission
“Banking is necessary – banks are not.”
Bill Gates, 1994.

16. New Opportunities in Nigeria
• Shift in Customer Behaviour
– New Friction Shift
Fans
Customers
Consumers

18. Tekedia Mini-MBA – 20% Discount
• Tekedia offers an innovation management 4-month
program, optimized for business execution and
growth, with digital operational overlay.
• It runs 100% online. The theme is Innovation,
Growth & Digital Execution.
• Cost is N50,000 per person
• All contents are self-paced, recorded and archived
which means participants do not have to be at any
scheduled time to consume contents.
• Class begins June 22.
• Free ebooks & facyber.com cybersecurity course

19. /END
• Contact
• tekedia@fasmicro.com