Human Capital & Wealth Creation

Abdul ‘Dewale MohammedFounder & Executive President Africa Asia Scholars Global Network (AASGON)

PROMOTERS OF

PRIDE OF AFRICA - ASIA LEADERSHIP

(PAAL) AWARDS

info@aasgon.net

21st Century Challenges –Education & Employment

Academic Challenges – Human Resource Development

Public Private Partnership – Corporate Social Responsibility

Globalization – Diversification

Item 1

Human Capital – Creative Minds Item 2

Item 5

Item 3

Item 4

Entrepreneurship – Commercialization

• Human Resource Development.• Identify and Evaluate University’s

i) Clarity of vision and purpose

ii) Management Ethos

iii) Entrepreneurship Policy.

iv) Modes of Operation

v) Staffing requirements and skills

vi) Student Admission Criteria

vii) Assets Commercialization

viii) Sustainability

• Academic Entrepreneurship

•Unlocking the Wealth of Universities

Skills & Mind Set

Academic Challenges

HUMAN CAPITAL

• Underutilization of Human Potentials

• Dynamics:oCreativityoGovernanceoThe WilloResponsivenessoEnabling Environment

• intra-preneurship and corporate venturing

• Sound understanding of the Market

• Transformation of Innovations • Economic Viability

ENTREPRENEURSHIP

•Nurturing the human intellectIgnite the spiritual minds of youths

The Human Mind is

very creative

• Values • Policy Frame work embracing Entrepreneurship in learning

• Potentials• Creating the enabling Environment

•Organization and Management- The Driving Force

Chronic Mismatch between:

• Education System • Wealth Creation • The Labour

Market

• Breeding Job Hunters as against Job Creators .

• Limited Employers Broad Skills

• Community Wealth undervalued

• Right peg in the wrong hole.

•Human Resource CapitalizationSpiritual and Political Will to Enhance the Human Spirit .

•GlobalisationDiversification

Despite its endowed wealth Africa remains marginalised and impoverished

•The Emerging EconomiesKnowledge Economies

 ASEAN –China Free Trade Area remain largest regional emerging market in the world.

•Universities to become more innovative and generate new knowledge for sustainable growth.

• Interact and engage with local government and industries

China and India with most Rapid growth and industrialisation

• Significance of Africa and Asian ancient history cannot be overstated.

• Interaction among Africa and Asia sub regional organisations is imperfect.

• Level of People-to People interaction (business, academia and the civil society) is far less encouraging.

• Dynamic and enabling institutional framework for mobilizing Asia to maximize its impact on Africa is critical.

•Africa Asia Integration• Asian Academics lack the coherent strategy for exploiting the benefits of globalization and its growing prominence in the international arena.

Emerging prospects

Africa Asia Academic Framework for Cooperation

AASROC, NAASP and South-South Cooperation efforts at creating a balanced cultural, social and economic transformation of a New Africa –

Strong leads for Asia and Pacific Universities

Bandung - Promoting Afro-Asian economic and cultural cooperation

Museum of Africa Asia Conference

Explore opportunities for new Innovation

PPP an ideal model for developing and financing  projects

Private finance initiative (PFI)

Balancing engagement with the private sector and the Community

Promote multi-sectoral approaches

•Public Private Partnership Bridging Resource Gap

• Projects via the PPP delivery process backed with effective collaboration can help unlock the wealth of Universities

• P3 an alternative market rate financing to fund university projects.

Attitudes, abilities, skills.

Evaluation of what to accomplish

Specific purpose and anticipated benefits of accomplishing the goal.

Human Resource and Capacity to make it happen

Risk Access identify constraints , review strategies

Appropriate Facilities

•Traditions and customs 21st Century Challenges –Governance & Youths

7% 7

4%

Staff Mind Set 19% represents population of Lecturers who as entrepreneurs, double up as Consultants outside the University

7% with entrepreneurship spirit represents Lecturers making their way to becoming Consultants

74% represents population of Lecturers, less creative with no personal engagement outside the university and contented with their university work – awaiting pension/retirement

•Workforce Composition Reflection of Present Society

Specific

Attainable

Time Bound

Evaluate &

Reevaluate

Relevant

Measurable

Individual &* Group Assessment and Competency

Human Resource Management

Staff Management

Needs & Outcome Analysis

Project Management

Performance Evaluation

Sustainability

•Smart–e GoalsKey Performance Indicators (KPIs)

Remodel the academic sector in line with entrepreneurship and innovation

Recognize, Explore and Enhance Staff /Student’s individual potentials

Attitudes, abilities, skills, facilities and financial capacity

•Potentials for GrowthWealth & Job Creation

Local Wealth -

The undervalued andneglected mainstream and stronghold for sustainable economic development.

•Entrepreneurship Not Academic

Neglect of micro and

Small Enterprises

• Strengthening Universities

“ A handful of good life is better than a bushel of learning. ” — George Herbert

“The aim of education should be teaching us how to think, rather than what to think” – James Beatti

Think local share global

Ensure inclusion of communities the civic, labour and faith groups in planning and implementation.

Maintain Strategic alliance with government and the private sector

The Local community has considerable economic multiplier impact

Exchange 2013Academic, Career,

Summer & Cultural

Interested Institutions and scholars should email carol smith at info@aasgon.net

CSR Africa Asia