sala wealth summit 2012 - silvana bottega
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CEO OF SALA : Opening Address Day 1TRANSCRIPT
Opening Address���Day 1
P R E S E N T A T I O N B Y
Silvana Bottega CEO, SALA
W E A L T H S U M M I T
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Silvana Bottega is founding director of
the Southern Africa Luxury Association
(SALA). Eternally seeking new knowledge,
she has studied at UCT, London Business
School, the European University Institute,
Red&Yellow, AAA, and she has attended
5 summer courses at different universities
in France and Italy. Having completed
a trilingual Masters degree in European
Politics and Policy, Silvana secured a
place on the sought after WPP fellowship
programme designed to cultivate high-
calibre management talent. After her
studies, she spent five years in Asia Pacific
based in Hong Kong, Shanghai and
Beijing. During this time she managed
everything from innovation, to product
development to retail analytics for regional
business clients including Harley Davidson,
Motorola, Unilever & Coca-Cola. She was
entrenched within the businesses of Harley
Davidson and Motorola to assist operations
management and market entry strategies
across first and second tier cities in China.
After WPP, she took the helm of Channel
Planning for all key clients for the Greater
China office for Lowe, creating brand
activation and high-growth strategies for
multi-nationals like J&J and Unilever that
were looking to radically grow their market
share. She constantly seeks dynamic ways
to build the profile of brands and she
acts as an ambassador while opening new
distribution avenues.
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Silvana was regularly used on regional pitch
teams to build key client relationships.
Outside of retail and consumer goods,
she has extensive experience working with
financial services (DBS in Singapore, HSBC
Asia Pacific) and telecommunications
industries (China Mobile, Nokia and
Motorola). Since she returned to South
Africa, she has focused on brand strategy
for luxury and artisan businesses. She also
develops engagement plans whereby
wealth management companies can reach
out and grow their affluent client base
through collaboration with luxury brands of
the same like. In South Africa, she writes for
numerous publications including Prestige,
Opulent Living, Live Out Loud and Private
Life. For the last 3 years she has committed
herself to philanthropy, giving her time to
run the Southern Africa Luxury Association.
Her passion for accelerating artisan talent
in South Africa has seen her help to build
awareness around the craftsmanship and
skills available in South Africa through her
work with Aidan Bennetts, Keith White,
Ardmore, Avoova and the like.
Her family own vineyards in Stellenbosch
and she is involved with the marketing
of The Idiom Collection of wines.
She recently developed a rare wine
parfum du vin in association with Frazer
Parfum and a gourmet wine salt. Contrary
to popular belief, she is not a socialite.
Southern Africa Luxury Association
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Silvana BottegaGHIJKLM!"#"
is proudly supported by:
!
www.sa-la.org [email protected] +27 (0) 791787867
THANK YOU’s
EXTREME KINDNESS: • Cru i se s I n te rna t iona l • Por sche Des i gn • B roader Med i a suppor t
• The S t a g i ng Team • My co -d i rec tor s : R i cha rd (Cape Cobra ) & T imothy (Ma lu s ) • And mos t impor t an t l y my own team .
1. Collective Intell igence , Ubuntu strength
2. Ar tisanal Excellence , Creative Culture
3. Margin Retention, Jobs Creation
4. …Making my father happy
FOUR CONCEPTS WHICH DRIVE ME
WHAT IS SALA?
Engage We will promote networking, affiliation and partnerships between members. We will help members to discover and debate the issues and challenges facing luxury and lifestyle brands in South Africa today. In form We will create and maintain physical and virtual forums for the exchange of insights, knowledge and news between members. Educate We will build relationships with graduate school programmes to empower and strengthen talented individuals working in luxury and to accelerate development of the sector’s next generation of brand leaders. HEC keen to partner, we are looking for a home! Suppor t We will make a dynamic contribution to the development of sustainable community projects in Africa by supporting existing causes espoused by luxury brands, through the SALA Accelerator and LuxuryLabs.
BRANDS…..….B2B.……….BRANDS
BRANDS…B2C....PRIVATE CLIENTS
PRISMS: WEALTH TIER/ACCESS
ENGAGEMENT TYPE (sof t spoken , br ash , etc)
TEAM LEVEL OF ENGAGEMENT ( fas t react ing , s lower on uptake/b igger corporate)
WHAT DO WE DO?
STATE OF SA WEALTH
Datamonitor’s ‘Wealth Management in South Africa’ report
There are only 638,000 aff luent individuals with over $50,000 in l iquid assets in 2010. The number of individuals with an asset band of $1 to $1.5mil l ion is scheduled to increase from 2011 f igures of 18,100 to 26,900 in 2014.
Their f indings estimate 71,000 dollar mil l ionaires currently in South Africa and project that this number wil l triple in the next f ive years to 242,000, making South Africa the 17th largest contributor to wealth growth global ly.
Credit Suisse Report
STATE OF SA WEALTH
Accenture, The Dynamic African Consumer Market
While the global economy is expected to grow by two to three percent, Sub Saharan Africa is posit ioned to be one of the world’s fastest growing regions at nearly six percent.
According to the Sunday Times 2011 Rich List, the top 20 now account for more than 70% of the wealth of SA’s 100 richest people .
The Economist, Davos
At Davos, attended by over 70 bi l l ionaires, the report on Global Risks 2012 unsurprisingly identif ied ‘severe income disparity’ as the world’s top risk in the coming years.