Performance Management Institute

Compliments of the New year!

Let's start here:
Is it true Africa is an underperformer in every sector? If so, why?

"The Global Competitiveness Report is a tool to help governments, the private sector, and civil society work together to boost productivity and generate prosperity. Comparative analysis between countries allows leaders to gauge areas that need strengthening and build a coordinated response. It also helps identify best practices around the world.

The Global Competitive Index forms the basis of the report. It measures performance according to 114 indicators that influence a nation's productivity."

The 2019 report observed that "the world is at a social, environmental and economic tipping point. Subdued growth, rising inequalities and accelerating climate change provide the context for a backlash against capitalism, globalization, technology, and elites."

AFRICA HAS ALWAYS BEEN A SPECTATOR AND SOMETHING HAS TO GIVE. PERFORMANCE MANAGEMENT INSTITUTE HAS THE CONVICTION.

In any case, the 2019 report concludes;

"For least-developed and emerging economies, their fragile economic foundations make them highly vulnerable to shocks. With extreme poverty reduction decelerating and nearly one-half of humanity still struggling to meet basic needs, the report suggests the need for sustained, productivity enhancing economic growth remaining critical for improved living standards."