If you fail to plan, you plan to fail – SOE’s

ANONYMOUS WRITES:A few years ago, the Ministry of State-Owned Enterprises was created to streamline management of GRN owned business services. They should break even, or pay dividends.Unfortunately, there has been a domino effect of failures, lately, due to mismanagement and corruption e.g. Air Namibia (liquidated), Meatco, NWR (also a Covid-19 victim), NBC, TransNamib and PSEMAS (benefit).Potential sustainable viability, is sabotaged by “Non-MBA” practices. Party ideology/interests and trade unions tie Mr. Jooste’s hands behind his back.“Social responsibility” ends up as nepotism and patronage of cadres. Unofficially a party donation for the favour is expected.Appointments are made on the basis of who you know, not what you know. Corruption (Fishrot – stealing from the poor) is the new norm. Performance is secondary, as treasury will bail you out. Competence (qualifications/experience record, potential) takes a back seat to loyalty, entitlement, affirmative action, comrades with a narrow base of connections and black economic empowerment.Managers don’t walk the stairs from the basement. They are whisked up by fast forward lift or parachuted in to the top floor. They are put in a position of power through structure, without the test of competence.The best predictor of future performance is past performance (your record according to the Patterson Management Scale).Take time to prepare managers step by step and the outcome is controlled and more predictable. Information is knowledge, power and security – transparency and accountability! We cannot afford Chief Executive Financial Health Exterminators.SOE’s must be positive contributors to value addition, not state-owned expropriation agents.Quo Vadis?

If you fail to plan, you plan to fail – SOE’s

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Republikein 2026-06-10

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If you fail to plan, you plan to fail – SOE’s

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Republikein 2026-06-10

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