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BRICS Expansion and Human Capital Development

Will BRICS + SIX invest in bridging the leadership gaps in emerging economies?

BRIC (Brazil, Russia, India, and China) was formed in 2009 to increase trade and economic cooperation among its member states.

In 2010, BRIC became BRICS by adding South Africa into the mix.

This year, in its 15th Summit in Johnsburg, South Africa, BRICS nations invited six new member states:

  1. Argentina,
  2. Egypt,
  3. Ethiopia,
  4. Iran,
  5. Saudi Arabia, and
  6. The United Arab Emirates.

BRICS is no more a club with exclusive membership. Up to now, though BRICS’s mandate incudes increasing cooperation among emerging economies, it didn’t have a single member from the Middle East.

In 2024, on top of three countries in the Middle East, BRICS will add two more African countries from the east and north, and one more nation from South America.

These six emerging economies are set to join BRICS in January 2024. BRICS also signaled further expansion next year.

By taking this critical step, BRICS now truly represents the global south. This is very significant…

BRICS has already taken initiatives to fulfill its mandate of bringing sustainable development through economic cooperation among its member states.

For instance, BRICS established the New Development Bank (NDB) in 2014. NDB aims to finance projects and initiatives to help emerging economies in the south and east attain sustainable development and, in turn, usher a bright future for their citizens.

The bank has six focus areas:

  1. Clean energy and energy efficiency
  2. Transport infrastructure
  3. Water and sanitation
  4. Environmental protection
  5. Social infrastructure
  6. Digital infrastructure

We hope that BRICS + SIX invest in Human Capital and NDB incorporates Human Capital development as one of its future focus areas.

Sustainable development requires raising world-class leaders at all levels. The above six focus areas need competent leaders both in quantity and quality who contribute their fair share to bring true transformation within a short period.

We, at PRO Leadership, would love you to join us…

  • If you share our cause and vision, why don’t you join us?
  • If you would like to see world-class leaders in your community who build bridges rather than erect walls and create barriers, why not join the movement?
  • If you would like us to work with you in designing and executing exchange programs for your institution or community, don’t hesitate to ask.

Reach out via [email protected]

We look forward to chatting with you and seeing how you may be involved according to your passion, talent, and experience.

Presented for the Leadership talk show at Amarah TV

The host of the leadership “Yesera Amerar Tebebe” show that airs on Amhara media- Ayele Anawete, invited me to contribute toward a show aired today. The theme of the session was “Leadership within Government Agencies”. I was asked to cover two topics as a background (appetizer 🙂 to the main discussion that was covered by the main guest inside the studio. The points I addressed were Who is a leader? What are the key leadership attributes vital to succeed?

I applaud the effort of the producer and also the Amhara media for giving leadership development an emphasis and priority. As the saying goes, leadership makes or breaks. No country, organization nor business could be able to fly above the level of growth of its leadership. Unfortunately, in our country, there is a common notion that leaders are those who are at the top with authority and title. We cannot transform our nation and organizations without raising as many leaders as possible at all levels.

That was why in the first part of my presentation, I addressed this issue declaring that we all are leaders wherever we are, at least, for our job description. I emphasized that impactful leaders at the top encourage and empower their people to take leadership. They create the right culture, provide incentives, and promote those who take lead.

The second issue I raised was the importance of developing certain leadership qualities. Like any other competence, leadership requires an investment of time and resources. Sadly, unlike in other cultures, we undermine soft skills like leadership competence. We are okay to go to school, invest our time, energy and money to attend training to learn technical skills but we hesitate even refuse to do the same and fail to improve our leadership abilities. Many of our leaders lead out of zeal and using just conventional wisdom, in the 21st C, without developing the necessary leadership attributes (For that matter, many lead Bechebeta 🙂 For detail, watch the full session. I myself missed the whole session and looking forward to getting the recording. Will share with you the link when it becomes available. Stay tuned!

Assegid Habtewold, Bridge Builder

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PRO Leadership Global Inc. (www.proleadership.org) is a non-profit organization based in Maryland, US. PRO Leadership PROmotes the right kind of Leadership, PROduces great leaders to bridge the leadership gaps (including gender leadership gap) worldwide one community at a time. If you would like to support what we do, feel free to reach out to us, and be part of the movement.

Interview with the Leaders of Your Ethiopian Professionals Network

Last week, I had the opportunity to interview the co-founders of Your Ethiopian Professionals Network. In this interview, we talked about:

  1. Why YEP exists? What was the very reason that led you to establish YEP
  2. What are the top three major achievements of YEP?
  3. What are the 3 biggest lessons you learned individually because you have been serving as leaders?
  4. What are the toughest challenges YEP faces?
  5. What lessons would you like to share with other similar professional groups?
  6. What the future holds for YEP? Where do you see YEP in the next five years?
  7. Are there some ongoing or upcoming projects you’re engaged with right now that you would like to share with our viewers?
  8. And more.

These young dynamic leaders have a lot to offer. I encourage you to watch their interview. Reach out to them if you may have any feedback or question. And of course, if you’re in the DC metro area, join YEP, be with like-minded people to grow personally and professionally. If you’re in Ethiopia, no worries, you can be part of the initiative they recently introduced in Addis.

To learn more about Pick Yourself Up and watch archive interviews, check out its website.