Recognising the Need for Strategic Management
Kent emailed us this:
Thompson Strickland, one of the respected writers on strategic management, once wrote that for a company to qualify as excellently managed, it must exhibit excellent execution of an excellent strategy. It is against this canvas that I wish to paint an abstract on the realisation of the need for strategic thinking and planning in relation to SoEs (State owned Enterprises) vis-à-vis privatisation.
The establishment of most SoEs was not as a result of deliberate desire to conduct business. The driving force behind their establishment was a movement towards self-reliance. This was increasingly important during Ian Smith's Unilateral Declaration of Independence (UDI). One very obvious development from this era is the Tanzania-Zambia Pipeline (TAZAMA) and Tanzania-Zambia Railways (TAZARA).
Self-reliance therefore required that there be a broad based array of companies to make the country almost self contained. There was Mansa Batteries in Northern Province, Luangwa Industries in Eastern Province, Mwinilunga Canneries […]
Read the rest of this great post here.
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