CATEGORY: The Dangote System: Techniques for Building Conglomerates

“We want to have a market capitalization of $100 billion” – Aliko Dangote Every great conglomerate was started, and was once a small company. In most of them, one thing is consistent: massive accumulation of capabilities. Once they accumulate those capabilities, they exert their influence in markets, and through economies of scale, they change the […]

 “You must have a vision and not just a vision but you must have a plan that would make you fulfil that vision.” – Aliko Dangote We will use some companies to illustrate the One Oasis strategy. Amazon: Amazon is an ecommerce company with a massive user base. It supports billions of transactions in a year […]

“To succeed in business, you must build a brand and never destroy it. One competitive advantage I had when I ventured into manufacturing was my brand ‘Dangote,’ which I diligently built in the course of my trading commodities.” – Aliko Dangote In organizations around the world, resources are scarce. Firms have to optimize the factors […]

“When you import goods, you import poverty and you export jobs to other parts of the globe where such goods are produced.” – Aliko Dangote Winning markets comes through awareness. The brilliance of Aliko Dangote happens because of his high level of awareness to link market frictions and opportunities. The same goes for other empire builders.  […]