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Can we switch them
off completely or
activate flight
mode
PARASTATAL REFORMS-IS PRIVATIZATION A SOLUTION OR THE PANACEA
STATE MODEL
There is tangible benefit for any
A state model is the starting point in the governance of SOEs
The absence of national
vision is
a risky omission for an country
Country to muddle
through its realities
PREFERRED STATE MODEL
Examples of developmental
states are:
Botswana, Singapore, China,
Malaysia and Mauritius
The winners of today operate on a
developmental state model
KEY FEATURES OF A DEVELOPMENTAL STATE
1A focus on quality STEM
educational model
2A focus on high performance
SEOs
3The state leads economic
development
4 State is the main investor
5State is the main
entrepreneur
ROLE OF SOEs
Development of human resources. Development of state capacity. Continuous upliftment of skills. Development of markets. Focus on capturing a dominant
market share
QUALITIES OF A VALID VISION
It can be communicated in 10 minutes
It requires people mobilization to get
support
It requires resource mobilization for the
things to happen / possible (Peter Drucker)
6 D FRAMEWORK (1)
Digitalization
Disruptive Innovation
Deceptive low market growth
at first
Demonetization
6 D FRAMEWORK (2)
Dematerialization
Democratization
SUPER SOE FORMATION
There is a need to form a
super SOE chaired by
the President /
Nominee
Each parastatal will contribute to assets to the
super SOE
Examples of Super SOE are
TEMASEK Model in
Singaporeand Chinese
SOEs (Standard Bank)
INTERNATIONAL MARKETS AND
SUPER SOEs
The super SOE will trade in the global markets.
The money should go into a sovereign wealth fund (Norway)
The President will decide on the income distribution to SOEs
BENCHMARKING PARTNERSHIPS
Avoidance in
reinventing the wheel
Possible benchmarking
partners are:
Botswana SOEsSingapore SOEsMauritius SOEs
Chinese SOEsMalaysian SOEs
Form benchmarking
(intelligent copying) with
winners
TRADING PARTNERSHIP
The super SOE should have partnership to manage
penetration of international
markets The international
partner should own a maximum of
10% in the super SOE
Remuneration of
international partners is
performance based
ECONOMIC LIBERATION
There are three phases of
liberation:
Phase One: Civil Liberties
Phase two: Political liberation
Phase three: Economic liberation
PHASE ONE: CIVIL LIBERTIES
Right to free speech without
fear of repression
Right to form unions
Right to protest against the
government
Right to strike
Right to for civic organizations (Tajamuka,
# This Flag)
PHASE TWO: POLITICAL LIBERATION
Right to contest for governance power
The right to form political
parties
Right separation of powers doctrine
Right to take government to
court
PHASE THREE: ECONOMIC LIBERATION
Access to jobs
Access to housing
Access to clean water
Access to education
Economic fairness and
justice
Effective land reform and distribution
(Latin America
Most difficult phase:
Right to own property
EIGHT STAGES OF SUCCESSFUL LARGE SCALE CHANGE
Create a sense of urgency among key role players
Formation of a guiding team
A heavy dose of empowerment
Short term wins.
Consolidation of early changes
Creation of uplifting
vision and strategies
Communicationof vision and
strategies
Make change stick / sustainable
STEP ONE: CREATING SENSE OF URGENCY
Create a sense of urgency among key role players
In small organizations the number is 100
In large organizations its
1000
STEP TWO: GUIDING TEAMA guiding team should have the
following : Credibility Connections
Skills Reputations
Required formal authenticity to provide change
leadership
Single person, weak task force and complex governance structures
undermine change
STEP THREE: UPLIFTING VISIONS AND STRATEGIES
Clear, simple uplifting visions and strategies.Detailed plans and
budgets are necessary but
insufficient Implementation speed is a must
STEP FOUR: COMMUNICATION FOR BUY IN
Communication of vision and strategies is
crucial.
Simplicity, symbols and
repetition are key
It builds energy and
understanding to reach a
critical mass
STEP FIVE: EMPOWERMENTA heavy dose of
empowerment
Removal of action
obstacles and not giving up
power
Focus is on inadequate information
and information
systems as well as individuals
STEP SIX: SHORT TERM
WINS
Short term wins are critical
They provide credibility, resources
and momentum
STEP SEVEN: EARLY CONSOLIDATION OF CHANGES
They provide
the waves of
change
Early changes
should be
consolidated
Make change stick
by creating a new
culture.
Continuous new
and winning
behavior
STEP EIGHT: INSTITUTIONALIZATION OF CHANGE
MEASURES OF AN EFFECTIVE VISION
A vision is
creating the
leadership
It must be
supported by the
rank and file
It must be
detailed
It must be
inspiring ( Joel
Barker – The
Business of
Paradigm
PEOPLE DEVELOPMENT
Development does NOT start with financial capital.
Development starts with the development of people. (Fritz Schumacher – Small is
Beautiful)
THANK YOU
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