Can you share a recent success story in which LBGC significantly impacted a client’s business in Africa? Yes, we worked with a client who wanted to relaunch his factory but lacked the necessary funds. Remarkably, we were able to help him do so without requiring any upfront investment. Our approach involved leveraging his relationships with loyal, long-term clients who were willing to place substantial orders and pay in advance. These clients agreed to wait while the company purchased new machinery, fulfilled the orders, and delivered the products. This strategy allowed our client to relaunch his factory without incurring any debt, thanks to our strong negotiation skills and innovative problem-solving. What strategies do you believe are essential for fostering sustainable growth in African businesses? To foster sustainable growth in African businesses, we need to encourage innovation and technology adoption to stay competitive and address local challenges. Diversify products, services, and revenue streams to reduce dependence on a single market or sector. Develop local talent, supply chains, and partnerships to create long-term value. Invest in community development, education, and healthcare to enhance social impact. Ensure strong governance, transparency, and regulatory compliance. Understanding the culture of each country is very important. Africa has more than 50 countries with different culture and to operate in these countries we need to have an adaptability skill, be open minded and be ready to adjust. How do you see the role of women leaders evolving in the business consulting industry, particularly in Africa? The role of women leaders in the business consulting industry in Africa is evolving positively, with increasing numbers of women taking on leadership positions and making significant contributions to the industry. More women are entering the consulting industry, and many are rising to leadership positions, bringing diverse perspectives and skills. Women leaders are challenging traditional stereotypes by demonstrating that they can excel in “The role of women leaders in the business consulting industry in Africa is evolving positively, with increasing numbers of women taking on leadership positions and making significant contributions to the industry.” CEO Today Africa Awards 2024 - REPUBLIC OF CONGO - - 20 -
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