Due to the turbulence in international financial markets over the last decade, there has been a massive shift in global business. The business terrain now requires business people all over the world to have abilities which enable them to manage the changes and requirements of contemporary business.
These requirements include the need to build a large number of new businesses and also the need to achieve substantial growth for existing ones. In the present climate of shrinking margins, increased workload, social pressure and rapid technological advancement, new levels of thinking and unusual perspectives are required to cope.
Dr David Oludotun Fasanya completed a part-time PhD in Management (International Business) with LUMS in 2018 while running his own consulting and advisory business, The Junglepreneur Group.
His research into foreign direct investment (FDI) and business internationalisation in Sub-Saharan Africa complemented his work with companies within and beyond the region, on business transformation projects relating to finance, HR and IT.
David explains how his PhD studies fitted in with his business commitments and brought new skills, knowledge and value to his clients right from the start.
Article published in Lancaster University Management School Fifty Four Degrees
Driven to International Expansion
David Oludotun Fasanya
There has been a rise in
international expansion by firms
based in Sub-Saharan Africa.
As part of his doctoral research in
Lancaster University Management
School, Dr David Oludotun Fasanya
interviewed senior executives
to explore why these firms
are exploring new horizons.
He discovered that assumptions
based on evidence from other,
more-often studied regions cannot
always be applied to different
cultures and economies.
Academic Paper published in Journal of Business Research.
Title: Determinants of Internationalisation by Firms from Sub-Saharan Africa
David Oludotun Fasanya
Hilary Ingham, Robert Read
This paper employs blended research methods to identify and evaluate the importance of the push and pull factors driving internationalisation by five African firms. It draws upon substantive new primary case-study evidence from structured interviews with senior managers of firms from three countries (Kenya, Nigeria and South Africa) in three sectors (consumer goods; financial services and banking; and mobile telephony).
Lancaster University Management School. PhD Graduate Receives Best Paper Nomination
David's paper was one of 57 submitted, and made the shortlist of the top three nominations for the R. D. Pearce Best Paper Prize at the Reading Conference. The paper is titled “Sub Saharan Africa Again? Same Challenges, New Opportunities – A Case for an SSA OFDI Conceptual Framework”. It projects Sub Saharan Africa (SSA) as a resource rich region with over 1 billion people and the 3rd largest populated area after China and India.