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BusinessDay 07 Nov 2017

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18 BUSINESS DAY<br />

C002D5556 Tuesday <strong>07</strong> <strong>Nov</strong>ember <strong>2017</strong><br />

BRANDING<br />

Nation branding: Industry experts seek<br />

strong, positive narrative for Nigeria<br />

Daniel Obi<br />

Brandzone Consulting<br />

in collaboration with<br />

the Centre for Values<br />

in Leadership held<br />

the inaugural National<br />

Branding Conference <strong>2017</strong> recently<br />

in Lagos. This edition of the Brand<br />

Innovation Conference, with the<br />

theme “Branding: A Catalyst for<br />

Development and Growth, was<br />

flagged off with the objective of creating<br />

a strong and positive brand<br />

narrative for the nation.<br />

The conference which was<br />

broadly inclusive recorded attendance<br />

by prominent Nigerians<br />

from diverse backgrounds that cut<br />

across the public sector, private<br />

sector, corporations, enterprise<br />

owners, visionary Board Directors<br />

and policymakers from diverse<br />

sectors. The conference had a rich<br />

line up of speakers and resource<br />

persons that included some of<br />

the nations most accomplished<br />

thought leaders, subject matter experts,<br />

business trailblazers, policy<br />

makers, catalysts, entrepreneurs<br />

and investors.<br />

In her welcome address, the<br />

Managing Partner, Brandzone Consulting<br />

LLC and the Convener, National<br />

Branding Conference, Chizor<br />

Malize, stated that the conference<br />

was birthed out of a burning desire<br />

to stir the nation towards adopting<br />

a deliberate approach in promoting<br />

a positive national narrative. She<br />

noted that the National Branding<br />

Conference <strong>2017</strong>, brings to the fore<br />

the need to be deliberate and strategic<br />

about building a strong, positive,<br />

unified public narrative for Nigeria<br />

that the citizens can own and be<br />

proud of.<br />

Malize said “This year’s National<br />

Branding Conference comes in recognition<br />

of the need to take ownership<br />

of and promote more positive<br />

narratives around our Nation’s<br />

brand. It is a strategic response to<br />

the need to consistently convey an<br />

appropriate and progressive public<br />

narrative that ensures our diversity,<br />

strengths and attributes as a nation<br />

are projected positively and consistently<br />

around the world”<br />

Speaking further Malize noted,<br />

“We must be systematic about<br />

building a strong national brand<br />

by seeking to promote the commonalities<br />

that unify us. We must<br />

evolve and embrace a uniformity<br />

of message as a nation, that projects<br />

our strengths, diversity and<br />

capabilities positively. We must<br />

play our roles as great citizens in<br />

our various capacities. As a people<br />

we must imbibe a positive mindset,<br />

develop and be driven by positive<br />

value systems, we must consistently<br />

demonstrate love for nation<br />

through our words and actions, we<br />

must be intentional about selling<br />

to the world our brand story rather<br />

than allow the world tell our stories<br />

as they find suitable. We need<br />

to collectively rise to the challenge<br />

and take ownership of our story”,<br />

she enthused.<br />

In his welcome address, Pat<br />

Utomi, Founder and Chief Executive<br />

Officer, Centre for Values in<br />

Leadership and Co-Convener, National<br />

Branding Conference <strong>2017</strong><br />

urged participants to take interest<br />

in the matters that affect the brand<br />

of our nation: “Every citizen of Nigeria<br />

must take keen interest in and<br />

participate actively in the national<br />

branding process by projecting<br />

a positive image of the nation in<br />

ways that attract tourism, foreign<br />

capital, and other investments that<br />

lead to growth and development<br />

of the economy. We must consistently<br />

promote the external image<br />

of the nation to the world and also<br />

the internal image to ourselves. Just<br />

the same way that businesses attempt<br />

to influence their customers’<br />

perceptions of their brands through<br />

strategic brand positioning, we as<br />

a nation must attempt to influence<br />

the perception of both the internal<br />

and external stakeholders of this<br />

great nation”, he remarked.<br />

In her address, the Conference<br />

Chairperson and Keynote Speaker,<br />

Ibukun Awosika, Chairman,<br />

First Bank of Nigeria Limited, enjoined<br />

participants and Nigerians<br />

as a whole to embrace love for nation<br />

and demonstrate passion and<br />

commitment to building a Nigerian<br />

brand of high value and equity. According<br />

to Awosika, “Our citizens<br />

must play an active role in promoting<br />

the nation’s brand through our<br />

positive actions. Like products,<br />

countries should be deliberate and<br />

strategic about cultivating a strong<br />

and positive image because how<br />

they are perceived by both the citizens,<br />

visitors and the world at large<br />

can have impact on both the economy<br />

of the nation and the people of<br />

that nation. Visionary countries are<br />

transforming the way that people<br />

perceive them. They are deliberate<br />

about becoming points of destination<br />

for tourism, business hubs and<br />

foreign investment points. Nigeria<br />

is not an exception; as a nation we<br />

must purposefully work towards<br />

attracting economic value to our<br />

nation through nation branding”<br />

The highlight of the conference<br />

was the extensive knowledge<br />

exchange by the various speakers<br />

through the different plenary sessions<br />

and the highly interactive engagement<br />

by the delegates.<br />

Speakers at the first conference<br />

plenary session titled Beyond the<br />

age of Oil: Finding Growth Opportunities<br />

in Diversification were<br />

the Former Minister of Solid Mineral/<br />

Education and Co-founder,<br />

Transparency International, Oby<br />

Ezekwesili; former Governor,<br />

Cross River State, Senator Liyel<br />

Imoke; FS Advisory Leader and<br />

Chief Economist, PwC West Africa,<br />

Andrew S. Nevin; Senior Special<br />

Assistant to the Minister of Mines<br />

and Steel Development, Akin<br />

Rotimi, representing Kayode Fayemi.<br />

Moderating the plenary was<br />

Executive Director, Sterling Bank<br />

PLC , Abubakar Suleiman,. The<br />

panel evaluated the potentials in<br />

the diversification of the nation’s<br />

economy across other key sectors<br />

beyond oil such as mining, agriculture,<br />

travel and tourism etc. It evaluated<br />

the impediments to growth<br />

and evaluated the key success factors<br />

inherent in the sectors as well<br />

as the opportunities in building<br />

positive national brand narrative<br />

leveraging the milestones achieved<br />

across the sectors.<br />

The Second plenary session<br />

entitled ‘From Local to Global:<br />

Harnessing growth opportunities<br />

through brand export’ had thought<br />

leaders and subject matter experts<br />

cutting across the public sector, corporations<br />

and brand strategists who<br />

shared insights on the opportunities<br />

in creating positive national engagements<br />

abroad through brands<br />

exported out of Nigeria. This plenary<br />

was led by Chizor Malize, Managing<br />

Partner, Brandzone Consulting<br />

and Converner, National Brand<br />

Conference.<br />

Ndidi Nwuneli, Co-Founder<br />

of AACE Foods led the discussion<br />

on the the third plenary titled:<br />

Breaking New Grounds: SMEs as<br />

Economic Growth Engine. She<br />

provided insight on the challenges<br />

faced by SMEs in the Nigerian environment,<br />

the growth opportunities<br />

and key steps for maximizing<br />

SME growth. The plenary explored<br />

the contribution of the SMEs to<br />

national growth and development<br />

through job creation, brand export<br />

and economic progression. Other<br />

speakers on the plenary included<br />

Tara Fela-Durotoye, Founder<br />

& CEO House of Tara, Seyi Abolaji,<br />

Co-Founder, Wilson’s Juice<br />

Company, Toyosi Kolawole, CEO,<br />

AUDEO Clothing Line, Mike Oye,<br />

Head, SME Funds, Bank of Industry.<br />

The moderator for the SME-focused<br />

plenary was Laoye Jaiyeola,<br />

Managing Director, Nigeria Economic<br />

Summit Group (NESG).<br />

The fourth plenary session focused<br />

on the Entertainment, Media<br />

and Arts sector. The plenary topic<br />

was The Business of Entertainment:<br />

Maximizing Opportunities in Entertainment,<br />

Media, Fashion and<br />

Lifestyle. The plenary examined<br />

these sub-sectors as key opportunity<br />

areas for economic growth, brand<br />

export and positive public and national<br />

narrative.<br />

The speakers on this plenary<br />

included Obi Asika, Atunyota Akpobome<br />

(Alibaba) and Henry Bassey,<br />

Chief Marketing Officer, Sterling<br />

Bank Plc. The plenary session<br />

was led by Femi Osinubi, Partner<br />

& Head, ICT and Entertainment<br />

Group, PwC West Africa and the<br />

plenary was moderated by Biola<br />

Alabi, Founder/Managing Director,<br />

Biola Alabi Media.<br />

Speaking on the conference,<br />

Lampe Omoleye, Chief Executive<br />

Officer, 141 Worldwide Agency and<br />

Member, Brand Innovation Conference<br />

Advisory Board, said “The National<br />

Branding Conference <strong>2017</strong><br />

exceeded expectations. The Speakers<br />

line up was broad and made<br />

up of individuals of good pedigree,<br />

strong track records and repute.<br />

L-R: Fela Dorutoye, chief executive officer, Gemstone Group, Chizor Malize, managing Partner, Brandzone Consulting<br />

LLC and Convener, National Branding Conference; Seun Onigbunde, co-founder & CEO, BudgIT; Aisha Waziri Umar,<br />

founder, The Revive Nigeria Group, and Ugo Obi-Chukwu, chief executive officer, Nairametrics, during the launch of the<br />

#ReThinkNigeria/IAmTheBrand campaign for Nigeria by Nigerians Launched by Brandzone Consulting LLC at the National<br />

Branding Conference recently in Lagos.<br />

Elo Umeh<br />

Elo Umeh emerges<br />

one of IESE Business<br />

School’s 40 under40<br />

Elo Umeh, Terragon Group’s<br />

Founder and Managing Director,<br />

has made the 40under40<br />

list of entrepreneurs<br />

by IESE Business School from over<br />

46,000 alumni across 129 countries,<br />

according to a statement.<br />

Through its Entrepreneurship<br />

and Innovation Center (EIC), IESE<br />

launched the “IESE 40under40”<br />

programme, selecting the 40 former<br />

students under 40 who have excelled<br />

in the development of new business<br />

projects. This selection was made<br />

among the over 46,000 students<br />

who have participated in some of<br />

the training programmes taught by<br />

the School.<br />

These 40 projects have allowed<br />

the creation of 2,197 jobs in 12 countries,<br />

from 4 continents, receiving €<br />

544 million in external investment,<br />

and generating € 251 million in annual<br />

revenue for the economy. Half<br />

of these start-ups were born during<br />

the last 5 years, and 17% of them began<br />

their activity by bootstrapping,<br />

without using external investment,<br />

the statement said.<br />

The selection of the “IESE 40under40”<br />

was done by a jury of international<br />

experts, based on a rigorous<br />

analysis of the projects, especially<br />

their impact on society in terms of<br />

social contribution and job creation,<br />

in addition to the growth and<br />

the level of innovation, among other<br />

criteria.<br />

The jury is composed of national<br />

and international experts in the development<br />

of new business projects,<br />

such as Lucas Carné, Co-Founder<br />

of Privalia; Brian Cohen, Founding<br />

Partner and President of New York<br />

Venture Angels; Jonathan Moules,<br />

Journalist specialized in entrepreneurship<br />

at the Financial Times;<br />

Pedro Nueno, Emeritus Professor<br />

of Entrepreneurship at IESE; Raimundo<br />

Sala, General Manager of<br />

PayPal and Ignasi Salvador, Director<br />

of Innovation of Celsa Group.<br />

Commenting on this achievement,<br />

Umeh in the statement commended<br />

the initiative stating that<br />

it will inspire new entrepreneurs<br />

in their ventures and will foster the<br />

growth of the community of IESE<br />

entrepreneurs globally. “I am both<br />

excited and humbled at this feat and<br />

would like to thank my colleagues,<br />

clients, partners and all who have<br />

been with me on this journey. I<br />

would never have been able to make<br />

this list without their tremendous<br />

support and cooperation” he said.

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