BPT - Issue No. 17
Black People Things
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1 Tune You've Got to Hear
A hilarious track spawned by British-Ghanaian comedian Michael Dapaah doing a freestyle on BBC radio show Fire in the Booth as one of his characters, Big Shaq. 
What's the Word?
Vivian Hunt to be McKinsey's Global Managing Director?
Last week, the 500-plus senior partners at global consultancy-McKinsey & Company gathered in London to begin the process of determining who will succeed current Global Managing Director Dominic Barton. The Financial Times reported that one of the frontrunners for the spot is Vivian Hunt, Managing Partner of the firm's practice in the UK and Ireland.

Keys for thinking about Ms. Hunt taking the role:

  • McKinsey is going to be advising the UK government and multinationals around the world on how to navigate the potential knock-on effects of the Brexit vote over the next several years. Having someone at the top of the firm who has a deep knowledge of the UK market would be a good move.

  • For the past ten years, McKinsey has conducted formal research on the impact advancing women has - could add $12T to global growth. Here's McKinsey's opportunity to show rather than tell.

  • McKinsey has managed to find its name caught up in several high-profile business scandals over the past couple decades. The firm doesn't seem to have faced macro blow back, but the populist wave taking the reins of countries around the world could bring the firm under a spotlight for its long reach in advising the top business and government leaders around the world. The firm will need effective leadership to navigate that. 
    • Scandal Context: Jeffrey Skilling, disgraced former Enron CEO was one of the youngest McKinsey consultants to make partner. The CEO, CFO, and one of the Group Chairman for Valeant (the drug giant notorious for exorbitant price-gouging all were at McKinsey for 20-30 years). Former Global Managing Direct Rajat Gupta and Senior Partner Anil Kumar were found guilty of insider trading. McKinsey is currently caught up in a scandal in South Africa where it partnered with a firm that has ties to the highly influential Gupta family that essentially has South Africa's president and numerous ministers in its pocket.
McKinsey's reach through the public and private sector is enormous. The impact of a black woman running the firm on the company's it advises cannot be overstated, particularly as the conversation around diversity within executive ranks continues to gain steam.

Read More
What Else is Going On?
Finance
Diamond Bank to sell West Africa units to focus on Nigeria

Kravis, Chenault, McGuire Gather for Harlem's Star Architect


African Development Bank Calls Off Proposed Loans to Nigeria


Technology
Podcast: The Man Who Helped Shape Gaga, Trainor, Legend: Troy Carter, Atom Factory & Spotify

Village Capital, PayPal launch African fintech investment readiness programme


The Best Reason to Start Using Uber Again


The crypto currency world is levelling the playing field for one young Kenyan

How Twitter’s TJ Adeshola is Helping to Build a Virtual Sports Bar


Adetayo Adegoke Joins Concurrency, Inc. as Vice President, Customer Engagement and Cloud Platforms

Beauty & Fashion
Meet Mamello, The Woman Who Wants To Change The Way Fashion Celebrates African Women

Art fairs may be nearing peak globally but in Africa they’re just getting started

Leadership
ELC to Black Corporate Leaders: Use Your Power to Impact Change

Telecommunications
Safaricom six-month profit rises to $249m

Healthcare
How AI can help Africa get universal health care before America

Politics
More women are running for office at every level

Teen Vogue EIC Elaine Welteroth Unpacks the Brand’s Political Awakening

Rwanda President Sees Growth Accelerating on Banking, Mining

Inside Hillary Clinton's Secret Takeover of the DNC


Media
Podcast: Trump’s NFL Stance, Pizza Sales and Football’s Fizzle

Video: Adebola Williams' Speech at Obama Foundation Summit

Uber's Bozoma Sain John makes first big mark with NBA-themed campaign


PBS Picks Up Marcus Samuelsson Food and Culture Docu-Series From Vox Media’s Eater


Despite Dollars in Diversity, Hollywood Still Averse to Making Inclusive Films


Nigerian Film Industry Looks to Work With Hollywood Partners


Teen Vogue is going web-only as Condé Nast shuts down print edition
Enjoy the rest of your weekend! Send feedback and tips to kwame@blackpeoplethings.com
Kwame Som-Pimpong · 1290 Kalmia Road NW · Washington DC 20012 · USA
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