CEO and Founder of Winfield Strategy & Innovation, Precious Nyika, is making significant strides across all aspects of entrepreneurship, particularly in innovation and strategic development. Through her company, she has consistently demonstrated the power of collaboration in business.
Recently, Winfield Strategy celebrated its 3-year anniversary, and Precious proudly shared her success on social media, reminding her audience of the importance of teamwork.
“What a fast-paced journey! Today we celebrate the exhilarating path our business has taken over the last three years. We take this opportunity to thank all our clients across Africa for their unwavering support. We also extend our gratitude to our dedicated team of Blue-bloods, led by Simba Kanenungo, for their relentless drive and results-oriented focus,” she wrote.
Fostering Innovation in Zimbabwe
Founded in October 2021, Winfield Strategy & Innovation is a regional management consulting firm dedicated to fostering business growth through research and analytics in strategy and innovation.
The company offers a range of services, including executive advisory, strategic management, leadership team development, innovation management, business research, leadership coaching, corporate governance, and supply chain management. These services are further enhanced through the Winfield Business School.
With 18 years of experience and a background in strategy and innovation from Harvard University, Precious has consistently displayed remarkable entrepreneurial skills. In just three years, she has grown her business into a successful venture while creating sustainable opportunities for her employees and others associated with the company.
Precious’ ability to create such opportunities reflects her strong commitment to seeing others succeed. Her mission is to help organizations capitalize on their opportunities, transform their digital presence, and assist with market research and team development.
Located in the Marlborough area of Harare, Precious’s firm has also created a platform to support emerging businesses. To date, the company employs over 20 skilled professionals in business development consulting.
Under her visionary leadership, Precious envisions Winfield becoming the leading strategy expert organization in Africa and beyond, offering innovative solutions for thriving businesses. She firmly believes that innovation is the core of economic growth.
Career Management and Business Expansion
With a solid background in Business Administration, Precious Nyika held several leadership roles at Lafarge Holcim Zimbabwe for nearly a decade. During this time, she rose from Human Resources Director to Chief Executive Officer (CEO).
Precious represents many women who are carving paths to global recognition and empowerment through their multitasking abilities and leadership skills. She refined these skills during her time at Lafarge, while also running Hatch Talent Solutions, a human resources consultancy she founded in 2016 to provide HR solutions and recruitment services.
Hatch Talent Solutions has become one of Zimbabwe’s leading recruitment hubs and has been fully operational for eight years.
However, Precious admits that transitioning from Lafarge to focusing on her entrepreneurial journey was not easy. She often advises others in similar situations to have the right mindset, a strong support system, and be fully prepared for the challenges that arise when starting an independent business.
In her case, the support system she needed came from her husband, her family, and her colleagues in the Young Presidents Organization (YPO) Zimbabwe, many of whom were seasoned entrepreneurs who saw her potential and encouraged her to channel her leadership energy into her own business.
Precious now expresses that she truly enjoys her work, with no regrets—except perhaps not starting Winfield earlier. Raised in a family of five children, she learned early on the importance of responsibility and attentiveness, skills that helped her make decisions and listen to her colleagues’ advice.
“Right now, what I’m doing isn’t just financially rewarding; I feel like I’m living my purpose. I come alive. Those who have attended my strategy and leadership development sessions can testify to that. I do my work effortlessly,” she shared in an interview with Trevor Ncube.
Precious has created multiple opportunities for individuals and made business and innovation management in Zimbabwe more effective.
Apart from her private ventures, she also serves as a non-executive director at ZB Financial Holdings but does not engage in the entity’s daily operations.
Branching into Furniture Manufacturing
Having noticed the ongoing quiet revolution and innovative transformation in Zimbabwe’s socio-economic landscape, Precious decided to explore the furniture manufacturing industry, founding Furnt—a company that specializes in producing sustainable, eco-friendly furniture. To stay ahead of trends, Furnt also uses bamboo to craft durable and versatile furniture pieces.
Precious ventured into this industry because she had previously worked in the sector early in her career and gained a wealth of knowledge about how to run such a business.
Overcoming Challenges and Embracing Perseverance
During her transition from Lafarge, Precious lacked the confidence to start her own business. She was only able to overcome this challenge due to her strong support system. She believes that a confidence boost is essential when making life-changing decisions.
Additionally, her business was affected by the COVID-19 pandemic, a difficult period when her leadership skills were put to the test. With many people depending on her, she successfully navigated the challenges and minimized the impact on her businesses.
From these experiences, Precious frequently emphasizes the importance of resilience and determination.
Achievements and Recognition
Precious is a multi-award-winning, internationally recognized entrepreneur who has significantly transformed business management in Zimbabwe through leadership and management training. Winfield Strategy & Innovation has developed digital solutions that improve operational efficiency for businesses.
As she continues to break barriers in the business ecosystem, her journey continues to inspire others to make a meaningful impact in their personal and professional lives. Her strategic initiatives have received positive feedback from both successful entrepreneurs and aspiring business owners who, despite their fears, are now encouraged to take risks and pursue their goals.