Crucial that worlds of public policy and business strategy are aligned

In a mixed economy such as ours, we rarely talk of national strategy. Instead, we talk in government circles of policy, and of strategy in business circles. This represents both a systemic strength and a national weakness. It is a strength in that agile businesses get to decide where and when to invest their resources on the basis of their strategic options, within the ambit of the law and regulations that arise from the policy process.

To align our national strategy, cabinet, with their counterparts in Business Unity SA, Business Leadership SA, the Black Business Council and the newly formed Public-Private Growth Initiative, will need to answer four strategic questions on behalf of the country, as depicted above:First, the features of our socio-economic structure and political economy need to be reconsidered in the sense that there is a gross misalignment between the building blocks of our economic structure, and that of our...

The alternative, produced by the current misalignment, is that the likes of companies such as Columbus run at a fraction of their capacity and bleed jobs in the process. It amounts to a mismanagement of the assets we have while dreaming with envy of the capabilities of our competitor nations.Finally, we need to align ourselves with the economic and development opportunities we see before us. In essence, strategy is about a new conception arising between intent and opportunity.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Pick n Pay reaps the rewards of its 6-year cost-reduction strategy | IOL Business ReportPick n Pay reported strong results on Friday as the JSE-listed retailer reaped the rewards of its strategy over the past six years to reduce costs. busrep surprisingly I bought TV there which is now cracked the screen they are reluctant to replace /fix it at Centurion pls help
Källa: IOL - 🏆 46. / 51 Läs mer »

BUSINESS MAVERICK: Trusts under BEE scrutiny in yet another dramatic policy shiftOne thing certain about SA’s business and economic environment is uncertainty. Targets or policies seemingly set in stone are suddenly not worth the paper they were written on, leaving investors scratching their heads if they are not banging them against walls. This is the case with the sudden U-turn last week by the BEE Commission, which signalled that trusts will no longer count for black participation in ownership structures. Expect corporate SA to draw a line in the sand. Meanwhile, the mining industry, which has had its own issues with trusts, should be out of the line of fire.
Källa: dailymaverick - 🏆 3. / 84 Läs mer »

Business Maverick: Investors Brace for a Big Week of Insights Into World EconomyThe world economy’s ability to rebound from its recent soft patch will be tested anew this week as data is released from Washington to Beijing.
Källa: dailymaverick - 🏆 3. / 84 Läs mer »