
Local chief executive officers and company founders are strongly encouraged to apply for the second cohort of the Stanford Seed Transformation Program, Southern Africa, which is a collaboration between Stanford Graduate School of Business and De Beers Group.
The programme is a high-touch learning experience aimed at empowering established business leaders in Botswana, Namibia, and South Africa - De Beers Group producer countries in Africa. Participants will undertake a 12-month intensive leadership program that includes sessions on strategy and finance, business ethics, and design thinking, all taught by world renowned Stanford faculty and local business practitioners. The program is exclusively for business owners of for-profit companies or for-profit social enterprises with annual company revenues of US$150 000 – US$15million.
“By challenging business leaders to assess their company’s vision, to redefine strategies, and to make ambitious changes to their business, transformation is realised even before completion of the training,” says Jeff Prickett, director for global operations at Stanford University. Because leaders gain critical tools to grow their companies and create jobs, they in turn will lead their regions to greater prosperity, Prickett explained. The program is heavily subsidised through philanthropic contributions.
The inaugural cohort began classes earlier this year and consists of 20 participants: 15 from Botswana, 3 from South Africa and 2 from Namibia.
Stanford University, founded in 1891 in Palo Alto, California, USA, is one of the world’s leading teaching universities. Located in the heart of tech-rich Silicon Valley, its graduates have founded established global entities such as Nike, eBay, SnapChat, Yahoo, Cisco, and many more.