USIU-Africa Vice-Chancellor Margee Ensign emphasized the importance of properly preparing family businesses in order for them to remain competitive in an ever-changing business environment.
“We recognize that executives and professionals must have access to the latest knowledge and resources to drive economic growth, sustainability, poverty reduction and job creation in the region, and we are excited to equip them with the tools and expertise they need to succeed,” she asserted.
USIU-Africa’s initial focus is on family-owned businesses, which comprise a staggering 76 percent of all companies in the EAC and employ over 78 percent of the workforce.
Furthermore, less than 16 percent of the businesses have a solid succession plan or strong family and business governance, which is why our commitment to their success is unwavering.
“The socio-economic landscape thrives when family-owned businesses are equipped with robust governance and continuity plans,” Jean Meeks-Koch CEO said.
“These businesses are the foundation of a strong economic fabric, weaving together the threads of prosperity and growth for communities and the region.”
USIU-Africa’s executive education programs will equip the families businesses with the knowledge and tools they need to thrive in today’s global marketplace.
In addition, programs will focus on IT, especially data analytics, artificial intelligence, development, global monetary policy, and healthcare delivery.
