Daily Archives: February 8, 2018

AACSB Announces the 2018 Class of Influential Leaders

Third annual Influential Leaders Challenge celebrates 29 change-makers and their impact on global issues

TAMPA, Florida, Feb. 8, 2018 /PRNewswire/ — Today, AACSB International—The Association to Advance Collegiate Schools of Business (AACSB), the world’s largest business education network, celebrated the positive impact business school graduates are making in communities around the globe as part of the 2018 Influential Leaders Challenge. As an annual initiative, the challenge honors notable alumni from accredited schools whose inspiring work serves as a model for the next generation of business leaders. The class of 2018, announced at AACSB’s 2018 Deans Conference in Las Vegas, Nevada, USA, recognizes 29 business pioneers, from 13 industry sectors, whose careers are addressing today’s most pressing social, economic, environmental, and educational challenges.

Founded in 1916, AACSB International (AACSB) is the world's largest business education alliance--connecting students, academia, and business. As a nonprofit membership organization AACSB's mission is to foster engagement, accelerate innovation, and amplify impact within business education. With headquarters in North America, the Asia Pacific, and Europe, it is a global association of more than 1,600 institutions and organizations, across 99 countries and territories. Focused on preparing the future with responsible, global leaders through the highest quality of standards in business education, AACSB accredits more than 795 business schools worldwide.

“Each honoree from the 2018 class of Influential Leaders reflects the mindset, knowledge, and passion that impactful business leaders must embody to impart positive change in today’s society,” said Thomas R. Robinson, president and CEO of AACSB. “As business schools work to educate and mold the next generation of global business leaders, these 29 stories of achievement demonstrate the true excellence and leadership we wish to see in the world.”

Honorees of the 2018 Influential Leaders challenge were recognized across three categories, including:

  • Alumni Business Leaders Working in Nonprofit or Community-Based Organizations
    Leaders serving nonprofit and community-based organizations are making game-changing impacts—from a local level to a global reach—creating a better society for us all. With initiatives that include navigating the Hurricane Harvey crisis, transforming the lives of more than 150 million children around the world annually, and combating the root causes of poverty, AACSB graduates demonstrate that some of the world’s most impactful work occurs within small sector opportunities.
  • Alumni Business Leaders Advancing Diversity and Inclusion
    Advocates for diversity and inclusion are driving transformation across the corporate sphere by upholding a culture of mutual respect and championing the exchange of open ideas. Such efforts are furthered by leaders who forge and refine inclusion practices to break down cultural stereotypes and patriarchal norms. They also look to inspire today’s youth in underrepresented populations to pursue their dreams in non-traditional fields of study and professions.
  • Business Leaders Influencing Business Education
    Businesses need students to be workforce ready, making the present a critical time for schools and businesses to work together to meet each other’s needs. Outside of academe, some business leaders are driving partnerships between the two groups by cultivating a spirit of entrepreneurship and cross-collaborative mindsets. Others are developing free study services—available via a simple digital exchange—to more than 350,000 students globally, advancing access to success for everyone. Inside academe, leaders are transforming institutional culture by encouraging open dialogue between alumni, faculty, staff, business, and students, while investing in entrepreneurs across advantaged and disadvantaged regions.  

For more information on the Influential Leaders Challenge, and to view a full list of honorees, visit www.aacsb.edu/influential-leaders.

About AACSB International
As the world’s largest business education alliance, AACSB connects educators, students, and business to achieve a common goal: to create the next generation of great leaders. Synonymous with the highest standards of excellence, AACSB provides quality assurance, business education intelligence, and professional development services to almost 1,600 member organizations and more than 795 accredited business schools worldwide. With its global headquarters in Tampa, Florida, USA; Europe, Middle East, and Africa headquarters in Amsterdam, the Netherlands; and Asia Pacific headquarters in Singapore, AACSB’s mission is to foster engagement, accelerate innovation, and amplify impact in business education. For more information, visit aacsb.edu .

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Dti to honour design excellence

The Department of Trade and Industry (dti) is set to hold the Furniture Design Competition later this month to recognise excellence in the sector, says the Department of Trade and Industry (dti).

Trade and Industry Deputy Minister Bulelani Magwanishe said the annual competition falls within one of the various directives of the Industrial Policy Action Plan (IPAP) that strives to elevate the country’s furniture manufacturing capabilities.

We have realised that furniture design is one area that is still very much in need of development and believe that once the concept of design is embraced in the industry, it will reinvent the way business is done. This competition will also ensure that we are able to identify and nurture new talent, which we will introduce into this sector, said the Deputy Minister on Thursday.

This year’s competition — under the theme “Storage” — will require that competitors tap into their innovative reserves to create designs that will not only respond to people’s ever changing space needs, but also to ways that they live their lives and make use of space for residence.

The brief includes that the designs must promote innovation, be significantly made out of wood, movable, appeal to the export market and have a specific consumer target in mind.

The completion comprises of the student and established manufacturers categories. The 2018 instalment is anticipated to showcase more spectacular pieces that will exhibit South Africa’s furniture design potential.

The winners of the competition, which will be held at the Ticketpro Dome in Johannesburg, will be announced on 23 February.

Source: South African Government News Agency

Efforts underway to declare drought a national disaster

Cooperative Governance and Traditional Affairs Minister Des Van Rooyen says efforts are underway to classify the drought as a national disaster.

This would assign new responsibilities to the Minister of Water and Sanitation to issue regulations and directives in dealing with the drought.

The Minister said this when he led a briefing of the Inter-Ministerial Task Team on Drought at the Imbizo Centre in Cape Town.

Currently, efforts are underway to classify the drought as a national disaster. This process will be finalized on or before 14 February 2018.

This will legally assign the responsibility to the national executive to coordinate the disaster, while a declaration is being considered to be finalized within a period of a month.

The declaration will empower the Minister or his Delegate to issue Regulations and/or Directives in dealing with the drought disaster, he said.

The Minister said this as Northern Cape, Eastern Cape and the Western Cape � particularly Cape Town � all go through the worst drought to hit the areas in years.

While national dam levels stood at 59.6% on Wednesday, Western Cape dam levels dipped to 23.7%.

In Cape Town, City officials have announced that Day Zero � when taps will be closed and residents will collect water from a central point � has been moved back from April to May after the farming community released water from a private dam to the municipal system.

On Thursday, the Minister said government was convinced that declaring drought as a national disaster would enhance current measures that are in place to deal with the disaster.

It will also ensure that provinces, which are not currently declared, can be covered through measures to prevent and mitigate against the drought situation, he said.

Some of the measures include:

Issuing of early warning messages on a regular basis;

Drilling and equipping of boreholes across all provinces;

The application of water restrictions to regulate use of water;

The provision of animal feed and fodder;

Water tankering in areas of severe need;

The promotion of the use of drought resistant cultivars;

Reduction of water usage by industries and other users such as crop farmers;

Change of timing of cultivation and irrigation, etc.


Water conservation and demand management; and

Re-use optimisation.

The Minister said that in addition to this, an amount of R74.8 million was given to the Western Cape Province in August 2017 to deal with the situation. The only challenge is the slow pace of using the allocated funding that are geared to alleviate the impact of drought on particular sectors.

At this stage, COGTA, through the National Disaster Management Centre, is currently in the process of considering requests from the Northern Cape and Eastern Cape provinces for funding of response and recovery measures.

Government to look at reviewing license conditions of privately-owned dams

Water and Sanitation Minister Nomvula Mokonyane said, meanwhile, that the department was looking at reviewing the licenses of privately-owned dams to ensure that water is prioritized for human consumption.

Out of a total of 5125 dams in South Africa, only 323 are owned by the department.

Among others, the Minister said the privately-owned dams were built for specific purposes, including for agriculture.

I am sure we would all appreciate that given our own historical development, there was the construction of dams for purpose.

We must move away from having dams that are meant for a purpose because it just doesn’t make sense… hence the need to review the license conditions of the dams . so that you are able to fulfill a constitutional obligation with regard to the water supply.

In terms of the constitutional obligation, priority [of water] is for human consumption, she said.

The Minister said what was of importance was to appreciate the fact that the national government is the custodian of water, which is a national asset.

Water infrastructure contracts to be prioritised

The Minister said, meanwhile, that municipalities would receive assistance in fast-tracking water infrastructure goods and services to deal with the current drought.

In 2015, the Municipal Infrastructure Support Agent (MISA) entered into a Memorandum of Agreement with the National Treasury’s Office of the Chief Procurement Officer on Framework Contract.

The Minister said the objective of the agreement is for MISA to rollout of infrastructure procurement and delivery standards and framework contracts for Infrastructure Goods and Services in Local Government.

This will contribute towards addressing challenges within the Supply Chain Management in municipalities, accelerate services delivery and alleviate disputes arising from tender processes derailing the acquisition of infrastructure assets critical for effective delivery of services. Municipalities will also save time by avoiding the restart of procurement process each time they need to purchase infrastructure goods and services.

Source: South African Government News Agency