The business leaders of the 21st century are those who have a keen understanding of the dynamics of the global business environment and have enough insight of the local context to generate business momentum in their strategic areas of freedom in order to compete. Create a broad range of experience and developing requisite competence in diverse skills areas are necessary prerequisites in developing the analytical insights and management capacity to create wealth and break the vicious cycle of poverty. The focus here is developing a sensitivity to cultural and theoretical issues of relevance, discovering opportunities, encouraging practical application of skills and competences as well as generating new business ideas for global relevance and local impact.