Business Maverick Op-Ed: Progressive prosperity: SA can break out of a slow growth start-stop trap

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Business Maverick Op-Ed: Progressive prosperity: SA can break out of a slow growth start-stop trap By Miriam Altman MiriamAltman

Think of all the reasons why South Africa does not power ahead. High inequality, the legacy of apartheid, deep poverty, a divided society, crime and corruption might be top of the list. Economic arguments might point to distance from markets, a slow-growing region, or a resource curse.

Being stuck in unproductive ways of doing things may be a more important explanation for slow progress in so many economies. The question is about how policy is executed, and less about precisely what the policies are. We do know that the government has to play a significant role. There is no example of major structural-developmental shifts driven by the market on its own.

How many no-roadmap programmes can be taken on simultaneously? Their uncertainty requires greater attention and step-by-step learning. Early successes from small focused steps can enhance buy-in. Taking on too much uncertainty and overreaching can delay measurable results, leading to project abandonment and the stop-start behaviour characterising a country that is stuck.

Shared purpose is not achieved through a woolly pathway of feel-good talk shops. Clear, coherent and consistent messaging about the actions sought from frontline workers to deliver on an organisational vision is an essential requirement from leaders. In the context of SA’s public sector, the first step is to ensurein key delivery areas. This has to be aligned to a system that evaluates performance and corrects, rewards, or sanctions.

 

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ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

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