Personal Statement: Femi Abodunde

My reputation is that of an executive with a mantra that promotes information and communications technology as tools of economic empowerment. During my career I have also been recognized as a best in class leader by the Gallup Organization, & Marcus Buckingham, a New York Times best-selling author.

I’ve spoken on how media and technology are reshaping youth, business and society at annual events such as NYU’s annual African Economic Forum and CUNY’s Annual Young African Leaders Symposium.

I am also a General in the liberation army which is currently engaged in the ongoing global #CyberWar. We are a low key league of extraordinary ladies and gentlemen, and operate mostly invisibly and in the shadows. We fight monopolists, imperialists, fascists and other assorted ideologues who exploit humanity in all types of unacceptable ways in this late stage of an old world order. ‘Halo Coco’ is my code name. Although I am also referred to as ‘Gangsta or Gypsy Femi’. #WebCraft

I’ve been involved with a number of expansion projects for startups and Fortune 500 companies in the USA and across the world (bricks/mortar, mobile and e-commerce), having developed road maps with a focus on local to global expansion activities while leading multi-site & cross functional leadership teams during high growth, transformation and ambiguous periods. Presently I am in stealth mode and involved in a private agriculture venture in West Africa.

I started my career part time in the CE industry with Best Buy, and worked my way up to become the leader of one of their largest markets in the United States (Philadelphia, Upstate NY and South Jersey), this included direct responsibility for launching multi-million dollar businesses in that market - new stores, retail financial products, and e-commerce delivery service.

Notebook

When God & Human Nature Change Course, Leaders Need To Change Course. 

What?

 

Strategy is Evolving.

Before the 1960’s the concept of “strategy” hardly existed in US or international economic culture. The most successful leaders up until that time succeeded on monopoly or lopsided conditions in the marketplace which favored them exclusively. They were not preoccupied the traditional cornerstones around which we build  strategy: 

stakeholders, costs, and competition, because they didn’t have to be.

 

Beginning in the 1960's new technology and regulations brought new competition, and strategic thinking began to dominate our approach to economics. Now social media, the internet of things, high speed Internet and the advent of quantum computing will require that we re-invent strategy itself. Agile is now a matter of survival. Industrial Revolution and Digital Economy are now the norm, they are always happening.

1960's - 2010's

Classic Mentality

 2010's - The Future

Next Gen Mentality

Transactional

Hierarchy Centric

Interactional

Community Centric

Marketshare

Network Effects

Physical Supply Chain

Digitally Enabled Ecosystems

Push Based Stakeholders Experience

Pull Based Stakeholder Experience

Why?

 

Disruption & Competition Are Everywhere.

In an increasingly competitive environment you are constantly required to rethink how you will create value today and in the future. In other words, you have to be in transformation mode 24/7. You are always in a process of metamorphosis -  continuous improvement. Why? Because periodic improvements are not enough to win in today’s exponentially disrupted environment.

 

You need to be evolving, and that growth needs to be sustainable. This means that you must stay agile and that you are continuously reinventing yourself. Being the best is simply a measurement at point and time, you must continue to improve at a faster pace than the market is evolving. If you can't do this you will become irrelevant to all your stakeholders: irrelevance means that you are out of the stakeholders mind, and out of mind is eventually 'out of business.'

The Reality About Transformation

Transformations with simple, clear, unambiguous milestones are more likely to succeed.

One

Two

Most leaders today do not genuinely understand or have a well-established process for managing change.

Three

Most change management programs fail to meet their goals because of a lack of personal sacrifice and commitment from the leader.

How?

 

Free Markets and Free Minds

Seeding and nurturing free market entrepreneurship has been the most effective way of creating value for humans in history. When there is virtue in the process, entrepreneurship is a path to independence from any type of physical or mental bondage.  Where there is no virtue in the process and where entrepreneurship turns into monopoly, imperialism, socialism etc we are doomed. The world is rapidly decentralizing, any covert effort to re-introduce the archaic thought processes that prize centralization as an end goal are destined for failure over the long run. #Cooperation in a regime of contract replaces #exploitation  that prevails in a regime of status. The fittest survive not by coercing or exploiting others, but by assisting them thru mutual exchanges that mark a #market #economy.

 

Humanity must compete in order to get better, when we do not compete nature will eliminate us, we are not the only miracle on the planet. So the name of the game then becomes about creating a healthy environment in which that competition can occur. This is where the law comes in. The law must evolve to ensure the playing field is as fair possible, or the competition can get very vicious indeed. Also, we cannot leave our most vulnerable behind. We must have social safety nets to protect the most vulnerable in this process of natural competition/evolution.

 

Humans have been able to achieve some incredible feats throughout history.  However, where legal plunder has been allowed to go on unchecked, civilizations have collapsed time after time, indeed, we do not know of a single civilization that has not collapsed, we see the remnants of those ancient civilizations and corrupted thought processes all around us everyday. Everything must evolve. 

"Your mind is your predicament. It wants to be free of change. Free of pain, free of the obligations of life and death. But change is law and no amount of pretending will alter that #reality.” ― Socrates.