The Wits Business School has awarded the 2011 Management Excellence Award to ArcelorMittal South Africa's CEO, Ms Nonkululeko Nyembezi-Heita, for her outstanding management skills and contribution to the success of the companies she has led.

Taking receipt of the award, Ms Nyembezi-Heita said that one of the most important lessons MBA students today could learn was how to manage in turbulent times - something she, herself, had never been taught.

She said "The environment in which today's CEOs manage is extremely complex perhaps too complex. Schools like Wits equip their students with the skills my generation never had to learn: how to forecast in turbulent times, how to manage risk and most importantly how to take advantage of the free flow of thought that is inherent in the companies of today."

She added "I thank Wits Business School for this honour and for recognizing me in this way. I will always treasure this award."

The Management Excellence Awards, now in their 29th year, are a Wits Business School initiative that acknowledges South Africa's top business icon every year.

(Source from bizcommunity.com)