The 2018 Olin Business magazine shared a series of vignettes featuring alumni faced with a business decision requiring them to weigh data with their values. We featured these stories to support Olin’s strategic pillar focused on equipping leaders to confront challenge and create change, for good. This is one of those vignettes.
Mike Budden was relentless. And Sara Hannah, BSBA ’01, recognized the potential impact. So that’s why the first global branch of the Barry-Wehmiller Leadership Institute is based in Cape Town, South Africa.
The South African leadership consultant had attended a BW workshop three years earlier, and was using some of its principles in his own work. Budden had stayed in touch with Hannah, trying to persuade her to open the institute—with its people- centric principles—in his hometown.
Hannah, managing partner of the Berry-Wehmiller Leadership Institute, initially wasn’t so sure. “It made absolutely no sense for us to do business in Cape Town,” she said. The currency exchange rate was unfavorable. It would be the institute’s first foray into an overseas market. Budden was already there.
Yet other data was compelling: “When we looked at the economic and government situation in South Africa, we saw that business is the way to touch the lives of people,” Hannah said. Not government or NGOs. Business.
The institute made a minimum two-year commitment in Cape Town. “We believe we measure success by the way we touch the lives of people,” Hannah said.