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Innovation 8 July 2020

African platform business economies

We partnered with leading global expert, Sangeet Paul Choudary, to launch a paper on Africa’s platform economy. The paper analyses the challenges facing the continent’s platform economy, the path it is likely to follow, and the untapped opportunities for organisations. Discover more below.

African Platform Business Economies Paper
Can Africa take the Platform Economy Forward?

Organisations have an opportunity to better service clients while also generating new revenue streams.

Doing business in the 4IR

Now is the time that corporates can make a positive contribution to society beyond economic gains because of the fourth industrial revolution and the Covid-19 pandemic - Rod Poole, Group Head of Change and Business Transformation.

WHAT’S KEY TO A SUCCESSFUL PLATFORM ECONOMY?
Continent-wide interoperability and the creation of single markets
 Development of non-traditional infrastructures
Strong business model and right leadership
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Incumbent organisations opening up key services for others to innovate on
Standardisation of identity management
Well understood risk management model
VIDEOS
Arther Rod Video
Transitioning to the digital economy

Acclaimed journalist, Arthur Goldstuck interviews Rod Poole, Group Head of Change and Business Transformation on Standard Bank Group’s transition to a digital economy.

Four_Leaders_Video
The African digital economy opportunity

Arthur Goldstuck in discussion with global expert Sangeet Paul Choudary and Kent Marais and Jonathan Lamb from Standard Bank – the co-authors of the paper: Can Africa take the platform economy forward?

Sangeet Paul Choudary

Global Advisor: Platform Economies and Network Effects

Sangeet is the founder of Platformation Labs and the best-selling author of Platform Revolution and Platform Scale. He has advised the leadership of more than 30 of the Fortune 500 firms and has been selected as a Young Global Leader by the World Economic Forum.

Sangeet’s work on platforms has been selected by Harvard Business Review as one of the top 10 ideas in strategy, alongside Michael Porter, Clayton Christensen and others, and is one of the rare articles to have been featured thrice in the HBR Top 10 Must Reads compilations.

Sangeet is a member of the WEF’s Global Future Council, an Entrepreneur-in-Residence at INSEAD Business School, the co-chair of the MIT Platform Strategy Summit, and the youngest ever recipient of the IIMB Distinguished Alumnus Award. 

For more info visit www.platformthinkinglabs.com

Sangeet Paul Choudary
Kent Marais
Kent Marais

Group Head of Digital Channels, CIB, Standard Bank Group

Kent has a wealth of experience in the financial services industry, with over 20 years’ experience in short-term insurance and banking. He has been with Standard Bank Corporate and Investment Bank (CIB) for close to nine years.

Kent holds a Bachelor of Commerce Honours degree in Business Economics (Risk and Insurance Management) as well as a Master of Business Administration (MBA) from the University of the Witwatersrand. He has also completed an Advanced Management and Leadership Programme at University of Oxford’s Saïd Business School.

Kent is well versed in leading business units, managing large business-improvement projects, product management, channel management, driving strategy, digitisation, planning, performance and profitability.

For more info email  Kent Marais.

 

Jonathan Lamb

Executive: Platform Business Lead, CIB Digital, Standard Bank Group

Jonathan has more than 15 years of regional and global expertise in banking. He has been part of Standard Bank Group’s Corporate and Investment Bank (CIB) for more than 12 years.

Jonathan holds a Bachelor of Science honours degree in Information Systems & Computer Science from Rhodes University. He has also received several professional certifications, and most recently, he completed the Senior Executive Programme Africa at Harvard Business School.

Jonathan has extensive executive-level expertise in digital channel and product strategy formulation and in execution across multiple African markets and customer segments. He also has broad practical experience in platform business models in Africa, and is regarded as a subject-matter expert in this space. He has a passion for using digital strategy with practical delivery to drive client experiences and has had significant customer-facing experience in the CIB domain.

For more info email Jonathan Lamb.

Jonathan Lamb