Philadelphia, PA: Wharton Executive Education will host the “Global Business Strategy: University of Ghana EMBA Day” on February 18, 2014 on the University of Pennsylvania’s campus. The event will deliver the best thinking around global business strategy to approximately 80 executive MBA students from the University of Ghana.
The program is a joint effort between Wharton Executive Education’s Education, Public and Social Sector Practice, the University of Pennsylvania Africa Center and the Joseph H. Lauder Institute (Penn Lauder CIBER). It’s part of a broader Penn strategy to strengthen linkages with institutions of higher learning in emerging markets.
This group of visiting students will hear from Wharton and Penn faculty and lecturers about two key areas of interest to Africa business leaders: private equity investment in emerging markets and corporate strategy.
A model of stability in West Africa, Ghana enjoyed an annual growth rate of 14.3 percent in 2011, and is today among the 10th fastest-growing economies in the world. The country's growth is underpinned by strong private and public investment, with the GDP increasing from 16.4 percent in 2000 to 20.4 percent in 2011, according to data released by the World Bank in October 2013.
"Africa is the next frontier in the global economy," notes Wharton Professor Mauro F. Guillén, a Wharton Management Professor and the Director of the Joseph H. Lauder Institute at Penn. "Programs like this are critical to helping us build and establish relationships with academic institutions, companies, and governments as well as organizations who work in Africa. It also deepens our understanding of cultural differences and how to work with the constraints presented by an emerging or transitioning economy, enabling us to operate across cross cultural boundaries.”
Wharton speakers will include:
- Stephen M. Sammut, Venture Partner at Burrill & Company, and lecturer in Wharton’s Health Care Management Department, who will discuss investing and partnering in rapidly growing economies, and methods of due diligence and valuation.
- Harbir Singh, Wharton’s Mack Professor of Management and Vice Dean of Global Initiatives, who will cover new views on corporate strategy to achieve competitive advantage in today’s increasingly complex and rapidly-changing business environment.
There will be a panel of current Wharton MBA students from Ghana and other guests with a special focus on sub-Saharan Africa. Throughout the day, participants will hear from leaders from Wharton’s Social Impact Initiative and other senior University officials.
"The University of Pennsylvania and Wharton have a strong interest in Africa as a whole,” says Singh. “Ghana and other countries in Sub-Saharan Africa are now redefining themselves. Wharton is keen to provide business insights to help Ghanians manage this explosive growth and the significant infrastructure needs of their country."
ABOUT PENN LAUDER CIBER
Penn Lauder CIBER is one of 33 institutions currently funded by the U.S. Department of Education’s Center for International Business Education and Research (CIBER) program. Established in 2002, Penn Lauder CIBER is housed at The Joseph H. Lauder Institute of Management & International Studies at the University of Pennsylvania. The overarching mission of the CIBER grant program is to enhance the competitiveness of U.S. business globally through educational, research, and outreach programs. For more information, visit the Penn Lauder Ciber website.
ABOUT THE AFRICA CENTER, UNIVERSITY OF PENNSYLVANIA
The Africa Center at the University of Pennsylvania is recognized as a vital and forward-looking center where researchers, students and cultural and business entities come to gain knowledge of contemporary and historical Africa. The Center coordinates a wide range of course offerings in anthropology, demography, economics, history, language, literature, politics, religion, and sociology. Specialized issues are addressed through the University’s research programs, professional schools, and interdisciplinary centers. For more information, visit The Africa Center website.
ABOUT THE WHARTON SCHOOL
Founded in 1881 as the first collegiate business school, the Wharton School of the University of Pennsylvania is recognized globally for intellectual leadership and ongoing innovation across every major discipline of business education. With a broad global community and one of the most published business school faculties, Wharton creates ongoing economic and social value around the world. The School has 5,000 undergraduate, MBA, executive MBA, and doctoral students; more than 9,000 annual participants in executive education programs; and a powerful alumni network of 92,000 graduates.