Action steps for African Business Schools
2011-05-24 13:56:36 UTC
Case Study: Enos Banda: from political to exonomic activism
Title
Enos Banda: from political to exonomic activism
Author
Heil, D; Beswick, C
Pages
19
Product Type
Reference #
305-431-1
Teaching Note
Institute
Setting
Johannesburg
Year
2005
Keywords
Leadership; Business in society
Summary/
Abstract
Abstract
Enos Banda, the Chief Executive Officer of Eskom Enterprises, a subsidiary of state-owned electricity utility Eskom Holdings, considered the offer he had just received from financial services firm, First Africa, asking him whether he would consider becoming CEO of the firm. First Africa was one of the leading mergers and acquisitions advisors in South Africa. With its strong commitment to developing Africa, and black Africans in particular, the firm’s philosophies dovetailed strongly with Banda’s personal mission. However, Eskom Enterprises was implementing a restructuring process that Banda had initiated, and, if successful the organisation promised to be instrumental in developing the rest of the African continent – again a goal with which Banda identified. Should he take the talks with First Africa further, or should he see the process at Eskom Enterprises to its conclusion?
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