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WBSNews SCULPTING GLOBAL LEADERS

Prof Urban joins international


entrepreneurship consortium
WBS Chair in Entrepreneurship Professor Africa to complete a PhD in entrepreneurial political influencers and economic drivers
Boris Urban recently became South studies, and he was awarded the Sasol in their broader geographic regions.
Africa’s representative on the Consortium prize for best PhD student in 2003 at the The consortium addresses the following
for Entrepreneurship in Emerging Markets, University of Pretoria. Urban’s contribution specific needs:
an international research group. to the consortium, which fulfils the need for ▪ First, it aims to reveal the unique
The consortium’s aim is to contribute a collaborative multinational and multilevel features of entrepreneurship and its
to the understanding of entrepreneurial research project, can only be beneficial. broader institutional environment in the
activity in multi-country settings and its In the wake of the global economic emerging market context, and contrast
links to sustainable economic growth. It crisis and increasingly scarce domestic these to the UK and US.
represents two dozen researchers spread resources, entrepreneurship has been ▪ Second, by investigating the drivers,
over five emerging markets, namely Brazil, identified as a way to enhance economic processes and consequences of
China, India, Turkey and South Africa, in performance. Due to globalisation and the entrepreneurial activity, the consortium
addition to the UK and US. liberalisation of markets, entrepreneurial intends to contribute to a better
Urban, who is also the programme activity is becoming more important understanding of the relationships
director of the Masters of Management than ever in emerging markets such as of entrepreneurial activity, on one
in Entrepreneurship and New Venture Brazil, China and India. Accounting for hand, and economic performance and
Creation, is a welcome addition to the more than half the world’s population and sustainable growth on the other.
group. He has had more than 20 articles for a large share of global output, these ▪ Third, the consortium is an innovative
on entrepreneurship published in leading emerging economies have the ability to and timely response to the need to
academic journals. He is the series editor become major forces rapidly in the global investigate entrepreneurial activity in a
of Perspectives in Entrepreneurship: A economy, and are considered to have setting where collaborators from multiple
Research Companion and co-authored substantial market potential for Western countries and multiple disciplines shed
Entrepreneurship Theory and Practice, companies. Emerging markets are able to light on the complex phenomena
published by Oxford University Press. He attract foreign investors from developed underlying entrepreneurial activity and
was also one of the first people in South countries and are likely to be major its consequences. ■

MBA Open Day


Saturday 26 May was MBA Open Day were there for them. There were even
at WBS, where potential MBA students MBA students around to find out about the
joined us on campus to hear what was actual experience.
on offer. They got a sense of the warm
culture and high level of WBS education. If you missed out and wish you had been
For those who had questions, there there, don’t stress – because there is a
were answers. For those who wanted to general WBS Open Day scheduled for
discuss options for study, the right people 1 September (See in Upcoming events).

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PAGE 2 Issue 3 2012 • WITS Business School

Reputation and leadership


vital for
success
A good reputation can increase a
company’s profit in good times, and it
also cushions the blows of the bad times,
says Dr Dominik Heil. But South African
corporations are losing credibility due to a
lack of visible leadership, he said during a
recent WBS Distinguished Lecture.
Heil, a WBS senior lecturer in strategy
and entrepreneurship and managing
director of the South African office of
the Reputation Institution, a global
consultancy, explained how the reputation
economy could benefit brands. The
institution conducts an annual survey
on South Africans’ perceptions of the
top 20 familiar brands. Those covered in
the 2012 survey included Woolworths,
Absa and Anglo American. The survey
seeks to establish consumers’ emotional
connection with a brand and how they
interact with it.
In South Africa, said Heil, the private Dr Dominik Heil
sector used to play a role in society as a

Gender-based violence is
pillar of stability, but now South Africans
are rapidly losing faith in corporations.
This is mainly because there is a lack of

no child’s play
visible leadership – the days of the Anton
Ruperts and Harry Oppenheimers are
over, he said. The public no longer see
board members and CEOs as responsible
As many as 35% of Gauteng schoolboys on most handsets. The game is a version
citizens but rather as self-interested and
have been involved in gang rape, according of the traditional African street game
out of touch with the realities of ordinary
to the United Nations. And many young morabaraba. As the child plays, multiple-
South Africans.
South Africans don’t even know how to choice questions pertaining to GBV pop up
However, a strong reputation can
define rape, let alone where to go for help (“What do you do when a friend is raped?”)
be achieved and maintained in this
if they become victims. and have to be answered correctly in order
environment. What is key is a perception
It is this kind of attitude that the to proceed to the next level.
of a brand as a ‘good citizen’. Woolworths
UN wanted to combat when they Shongwe said that many teens they
has managed to market itself as such and
now far outstrips any other organisation commissioned Anne Shongwe’s company spoke to had not realised until they were
in reputation, Heil said. The institute’s to create an educational and empowering exposed to MoRaba that they had been
research showed that almost 79% of cellphone game that would teach teens the victims of rape and that there were
South Africans would say something good about gender-based violence (GBV). places they could go to get help. Several
about the retailer. Founder and CEO of Afroes Transform- teenage boys told Afroes they had not
MTN, last year’s leader, slipped in ational Multi-Media and Consulting, known they were rapists until they played
the rankings. Heil thought that this was which creates African educational mobile the game.
probably due to the fact that the emotional applications, Shongwe spoke at a WBS Afroes also designed Champ Chase,
connection South Africans forged with the Entrepreneurial Heroes Lecture about which encourages youngsters to speak
brand during the MTN-sponsored 2010 how her international award-winning out about abuse. The player is given a
FIFA World CupTM had faded. company aims to change the world with series of missions to rescue children
Heil said corporations should decide if its games. across South Africa from abusers. Child
a good reputation was of strategic value – Kenyan-born Shongwe explained that protection resources, such as the Childline
some organisations, such as Unilever, do 400 million young Africans have access number, are located on each level. The
better without one, preferring to keep a to cellphones and 40% of them use Nelson Mandela Children’s Fund-funded
low profile. They then needed to realise the phones mainly for playing games. game has been downloaded more than
a vision that made the company appear “Gaming is a powerful platform because 300 000 times.
to be a good citizen. This vision must be of its interactive nature,” said Shongwe. Afroes believes its platform can bring
demonstrated in every area of operation. She aimed to reach six million youngsters about change. MoRaba players’ results
The brand’s products and services must with Afroes’ games. can be tracked and measured, so it
be innovative and visible. And, most For the UN’s GBV campaign, Afroes is possible to see if they improve and if
importantly, corporate leaders need to be designed MoRaba. This is a simple the child is learning anything from the
visible and responsible. ■ game that can be downloaded for free game. ■

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PAGE 3 Issue 3 2012 • WITS Business School

Carnival to improve
economy
South Africans will experience their own Caribbean-style carnival
in Bela Bela, Limpopo in December. It is scheduled to be the
biggest carnival ever hosted in the province – and possibly in the
country and on the continent.
This was announced at a public lecture given by Trinidadian
development specialist, Dr Suzanne Burke, at a public lecture at
WBS recently.
Burke, who has 20 years of experience in the cultural industry
sector, explained that while the annual carnival in Trinidad and
Tobago is about enjoyment, spontaneity and excess before the
Lenten fast, it is also a major economic development vector in the
archipelago nation. It is partly because of this that the Trinidad
and Tobago government is collaborating with the Limpopo
government in creating a carnival.
Burke explains that after Trinidad and Tobago emerged from
structural adjustment in the 1970s, “the government framed the
carnival as a developmental tool.” This made strategic sense as a
large proportion of the population (over 35%) is directly involved
in producing the carnival, according to Burke.
The government assists with subsidies, investment in
infrastructure and the like. Yet the carnival remains a successful
Dr Suzanne Burke
and ever-evolving part of the economy because it remains in
the hands of stakeholders on many levels: environmental and
community groups, artists, schools and the like. Such “creative
clusters” drive innovation in the carnival, said Burke. The carnival
attracts tourists and has created year-round employment for
many performers, who now work the global carnival circuit.
Burke’s talk showed how innovation in the creative and cultural
sector can impact on an emerging country’s development.
Trinidad’s experience, therefore, holds lessons for South African
strategic innovation management studies. This is partly why a
carnival is being brought to Limpopo this year.
Burke’s talk was hosted by the Master of Management in
Innovation programme and the Strategic Management of
(L-R) Professor Gillian Marcelle, Dr Suzanne Burke and High Innovation Group, in association with the Wits Art and Literary
Commissioner for Trinidad and Tobago, Harry Partap Experience 2012. ■

Unit for Risk Analysis speaker reveals


surprising facts about South Africa
“I don’t know anything about entrepreneurship!” instance, family members are likely to split up, as families do
This was how deputy CEO of the Unit for Risk Analysis (URA), when they become more prosperous. Thus, more demand for
Frans Cronje, began his lecture at WBS recently – the third talk homes is created.
in the Entrepreneurial Heroes Series. The URA also says that for every shack built in South Africa,
He added, however, that as a researcher with the URA, he could 12 RDP houses are built; whites are getting wealthier and when
give would-be entrepreneurs unique insight into socio-economic whites get wealthier, they make the other race groups wealthier
conditions in South Africa that have an impact on business. too; and there are far fewer South Africans in LSM 1-3 than there
The URA is the marketing arm and special research team of used to be and many more in LSM 3-6. South Africans, in fact,
the South African Institute of Race Relations. It supplies data to are increasingly upwardly socially mobile.
about 300 government and corporate subscribers in such policy It is not all good news, though. Cronje said South Africa has
areas as crime and security and health and welfare. shifted from a primary (or mining-based) economy to a tertiary, hi-
Cronje presented some of the surprising facts and figures the tech, service-based economy. However, the country’s education
URA has produced – information that often flies in the face of system can’t provide the necessary skills to enough potential
what many South Africans accept as fact. For instance, he said: workers to keep up with demand for tertiary-skilled workers.
“I think I can convince you that government service delivery is Cronje said this was a pity, because South Africa’s future lies
working very well.” He then outlined how the service delivery in taking advantage of the capital investment being poured into
protests that have rocked poorer areas of the country over the Africa. South Africa could be perfectly poised to become a service
last couple of years are a sign that more people, not fewer, are provider to the continent, and this is where we need to direct our
receiving services. If a family of 12 receives an RDP house, for focus, instead of trying to become a manufacturing economy. ■

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PAGE 4 Issue 3 2012 • WITS Business School

‘Hello Steve’ tops for innovation


Have you met Steve? If you listen to the
radio, chances are you know exactly
who Steve from ‘bleep’ bank is. ‘Hello
Steve’ is an aggressive marketing
campaign by First National Bank
(FNB) that has flooded the airwaves
since May 2011. Steve is a fictional
marketer from a bank who tries hard
to win customers from rival banks, only
to be rebuffed with reasons why they
chose FNB.
The radio campaign was backed
up by ads in other media, including
billboards and TV, and with innovative
deals for new FNB customers, such as
specials on iPads.
The woman behind ‘Hello Steve’,
FNB’s chief marketing officer Bernice
Samuels, spoke at WBS as part of the
Distinguished Lecture Series to explain
the strategy and philosophy behind the
campaign. Samuels has had a long
and impressive career in media and
marketing.
In her talk, ‘In 3D: doing different
things, differently’, Samuels described
how FNB’s marketing strategy focuses
on standing out as a brand. This,
she says, is important in a market
characterised by “standardisation,
conformity, convergence”. Marketers
Bernice Samuels, a WBS alumnus should be able to advertise unique
products to niche consumers, but this
NEWS ON CAMPUS differentiation often doesn’t happen,
according to Samuels. Marketers go
WBS held a very successful PhD colloquium at the beginning of June, where nine students with the tried-and-tested and end up
made presentations and led lively discussions on their theses. The next PhD colloquium looking alike to consumers, she said.
will be held on 14 September. It is a great opportunity to meet fellow students and learn In this situation, consumers will
from their experiences. settle for the product that’s available
rather than hold out for a brand to
WBS recently hosted a round-table discussion for a delegation of CARIRI (the national
which they are loyal. In the banking
research body of Trinidad and Tobago) to provide a briefing on the South African national
sector, consumers are rarely loyal, she
innovation system and discuss areas of technology, commercialisation and incubation as
said. This is why FNB embarked on its
mechanisms for improving innovation outcomes. This event went a long way in facilitating
knowledge exchange and future research, training and capacity building. unusual, aggressive campaign. “We
had unbelievable customer advocacy,
Head of school Professor Wendy Ngoma and the rest of the staff at WBS bid farewell especially on Twitter,” said Samuels.
to Professor Geoff Bick and Professor Courtenay Sprague, who have left the business She emphasised FNB’s innovation,
school. We thank them for all they have done for WBS and wish them luck in their future but added that innovations take time
endeavours. to be adopted. FNB’s strategy has not
WBS congratulates our Information Technology and Knowledge lecturer Rabelani Dagada been to aim at early adopters, as is the
on being elected president of the Computer Society of South Africa and chairperson of norm, but rather at the “laggards”. For
its board of directors. “I will use my new position to influence the development of the the marketer, the laggards’ value lies
information technology profession and policy trajectory in South Africa,” Dagada said on in learning why they are resistant to
receiving the honour. adopting trends, said Samuels. Also,
there are more of them, so even a
UPCOMING EVENTS slight change in behaviour can impact
greatly on the bottom line.
1 September – 9am to 2pm As Samuels intimated, innovation
can be frightening. But for FNB it
WBS is holding an Open Day to provide insight into the school. Come spend part of Saturday
seems to have paid off – initial reports
here and find out what makes one of Africa’s leading business schools tick, and what makes
show that the bank has seen a 40%
this school worth attending. For more information, contact Rutendo Nxumalo at WBS Marketing
increase in new business since the
Department on Rutendo.Nxumalo@wits.ac.za or 011 717 3627.
launch of its ‘Hello Steve’ campaign. ■

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PAGE 5 Issue 3 2012 • WITS Business School

WBS 2012 short courses


GENERAL MANAGEMENT
Art and Science of Negotiation 2
28 – 31 August 2012
Thinking and Planning Strategically
29 October – 1 November 2012

FINANCE
Finance for Non-financial Managers 4
12 – 15 November 2012
Technical and Financial Evaluation Projects 2
17 – 21 September 2012
Integrated Strategy, Budgeting and Reporting Programme
15 – 17 October 2012

SPECIALISED TOPICS
BEE – Unpacking Strategy and Codes
22 – 23 August and 19 September 2012

LEADERSHIP DEVELOPMENT
Fast Track Leadership 2
28 September – 30 November 2012
CERTIFICATE PROGRAMMES
New Managers Programme 81
3 September – 7 December 2012
Management Advancement Programme (MAP)
6 September 2012 – 29 June 2013 (part time)

PROJECT MANAGEMENT
Project Management 3
12 – 16 November 2012
MARKETING
Sales Management
20 – 24 August 2012

CENTRE FOR ENTREPRENEURSHIP (CfE)


Marketing for Entrepreneurs
23 – 27 August 2012
Opportunity Search and Evaluation for Aspiring Entrepreneurs
20 – 24 September 2012
Business Planning for Entrepreneurs
29 October – 14 November 2012
Create Your Venture
2 November 2012 – 5 February 2013

CONTACT DETAILS:
Rutendo Nxumalo
Tel 011 717 3627
E-mail Rutendo.Nxumalo@wits.ac.za

Let us know about any news relating to WBS, its staff and alumni,
or if there is an event you want alumni or staff to attend.
Contact Rutendo Nxumalo at WBS Marketing on 011 717 3627 or e-mail
Rutendo.Nxumalo@wits.ac.za.

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