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Trends shaping 2019 and beyond

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Strategist Abdullah Verachia was the guest speaker at an alumni networking event on 25 June 2019

Almost 100 Witsies braved a cold evening to hear global strategist and Wits Master of Management graduate Abdullah Verachia, the guest speaker at a Wits alumni networking event on 25 June 2019 at the Wits Club. His topic was disruption, especially what it means for Africa’s future.

Abdullah Verachia, speaker at a Wits alumni networking event on 25 June 2015

All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership. – economist JK Galbraith

Starting with this quotation, Verachia spoke about how the public discourse in South Africa was dominated by the media. The daily headlines can be an overwhelming source of anxiety, but we should think about society beyond the headlines: the way global events and trends ripple out and affect people and places that are not in the media. What’s happening to China’s economy, for example, has consequences for every South African.

And global context is relevant for every country. South Africa has its challenges but is actually punching above its weight in many important ways, including freedom of the press.

It’s a hypercompetitive, data-driven world and people’s expectations are changing, he said. Consumers demand simple, user-friendly experiences which are made possible by complex information. But what this supposedly technological revolution also needs, Verachia said, is people who understand the human element. The things that cannot be digitised become more valuable in this world. He urged us to put technology aside sometimes, talk to people who are different from us, be optimistic, travel, try new things, be curious, and think about our impact.

Wits alumni, he said, received a great education and have a responsibility to look beyond the headlines and work hard to make the society they want to live in.

For photos of the event, please click here.

Guests at an alumni networking event on 25 June 2019

 

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