In the last decade, numerous countries in Africa have witnessed the rapid growth of their respective economies. How else can one explain the fact that 7 of the 10 fastest growing economies in the world are currently in Africa? Furthermore 27 of Africa’s 30 largest economies have seen rapid expansion since 2000. To be sure, Africa’s economic pulse has quickened, infusing the continent with a new and much needed socio-economic and commercial vibrancy.
With a collective GDP, approaching $2.1 trillion, Africa is now far and away the fastest growing continent in the world, and much of this growth can be attributed to the following sectors – Commodities, Telecommunications, Finance, Agriculture, Construction, and Manufacturing. These sectors grew as a consequence of improved political and macro/micro-economic reforms, all within a context of aggressive privatization of state-owned industries across the entire continent; for example – Nigeria privatized more than 116 enterprises between 1999 and 2006 alone, revolutionizing Nigeria’s Telecommunications and Banking sectors in the process.
Taking the afore-mentioned into account, how do African business leaders keep pace with fast changing industries, rapidly evolving technologies, and evolving operational methods in their respective fast-developing economies while ensuring cost efficiency and overall effectiveness?
A firm with a rich heritage in management consulting, Gracie Davis works with our clients to support each of their strategic transformation agendas to help them stay ahead of the economic growth curve. We are well equipped to build/deliver solutions and programs in alignment with our client’s goals and mission. Our capacity to streamline business processes, reduce waste and fraud, and improve productivity, is incredibly essential to accomplishing the mission and business objectives of our clients on the African continent.
Our strategic capabilities span the gamut of management consulting; our services include ‘Business Strategy and Change Management’, and ‘Organization and Operations Management and Improvement’.
Business Strategy and Change Management – Business leaders understand that success and continued growth are all achieved through an intelligent, articulate and well-crafted business strategy. Gracie Davis Strategy and Change (S & C) consultants help our clients transform their enterprise to seize industry opportunities by formulating successful strategies at the intersection of business and technology. We are able to recognize and leverage core competencies to formulate innovative strategies, create new business models (or revamp existing ones with minimal drag on operations) and accelerate the implementation of said models through powerful change programs, which help to drive successful business transformation for sustainable growth and profitability. The three ‘Strategy and Change’ areas we focus on are:
Organization & Operations Management and Improvement – Empirically, a majority of the businesses and organizations in Africa do not have the capacity to adapt to the rapid changes being brought about by the aggressive privatization and technology driven initiatives that are currently underway in their respective regions of Africa.
“In the modern business environment, organizations face rapid change like never before. Globalization and the constant innovation of technology result in a constantly evolving business environment. Phenomena such as social media and mobile adaptability have revolutionized business, and the effect of this is an ever-increasing need for change, and therefore change management” – Wikipedia
Gracie Davis Organization and Operations consultants help our clients adapt quickly to these rapid business environment changes in their industries by transforming their organization and service operations to levels above and beyond their expectations, all the while achieving bottom-line business goals and operating profitability. We help our clients formulate optimal operational models to drive operational excellence, and also apply lean management strategies to help deliver broad transformation across all pertinent areas of their business. The two ‘Organization & Operation’ areas we focus on are: