Emerging markets, like many countries in sub-Saharan Africa present evident opportunities for products and services companies. Many organisations see these markets as the next frontiers, however, tapping into this opportunity usually comes with the challenge of achieving sustainable profitability. Over time, these emerging markets, especially those in Africa, have been through consistently high growth and also experienced declines.
This book seeks to explain the scenario and shares a framework for how organisations should approach such emerging markets to achieve sustainable success. It explains via illustrations and cases how organisations will need to be mindful of the volatility ahead and build that into the plan through a combination of the approaches to customer insight, product portfolio development, value creation, route to market design and execution, product promotions, the place of technology in unlocking opportunities, human resources practices, supply chain, ethical considerations in competing and winning at the base of the pyramid in Sub-Saharan Africa.
Exploring questions such as ‘What is the nature of leadership?’ and ‘What is entrepreneurship?’, this book is for the next generation of leaders in business, industry and society, for whom it is important to understand the principles which help society function best.
