SHREWD business management is vital to complement Government efforts in the development agenda under the Second Republic which has entered an exciting period of positive change a Cabinet Minister has said.
President Mnangagwa initiated the transformational leadership, with a sterling performance in steering the country on impressive growth trajectory whose positive outcomes are already beginning to be felt and seen across the length and breadth of the country.
Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa last night urged chief executive officers of various business institutions and captains of industry to use their expertise to ensure the success of the Government economic reforms under the Second Republic.
She was speaking at the Business Leadership Appreciation Awards organised by the Zimbabwe CEO’s Network, to celebrate the work of the chief executives in the country whose leadership, acumen and strategic direction has shone through as they ably led their institutions this past year.
“As Government, we are working to correctly configure our systems to ensure that we are primed to take full advantage of the economic potential that our country possess,” said Minister Mutsvangwa.
“But this can only be accomplished with your cooperation, which is why I am delighted that this initiative has come from yourselves, with the stated objective of creating healthy competition among the top business leaders to seek to outperform each other thus ensuring they strive for excellency in their conduct.”
Government, she said, recognized the chief executive’s because their work was indispensable in steering the transformation of corporate entities as individually constituted and ultimate the nation at large.
“With the mindset and eagerness that you are displaying, the prospects of our development agenda can only be bright going forward, even as we inch closer to the realisation of the Vision 2030, which I as you all know is the guiding vision of the Second Republic,” said Minister Mutsvangwa.
Government has set growth targets sector by sector, including the US$12 billion-dollar annual revenue for mining by year 2025 and US$8 billion for agriculture among others.
To this end, Minister Mutsvangwa said saying it was incumbent upon the chief executives of the various entities to ensure that they feed into these growth targets, so ta the growth patterns envisioned by the Government dovetailed with those in the private sector, for them to be sustainable.
“However, periods of such transformative leadership and change such as we have entered as a country, require leaders who are adept at carefully manage g these processes, which demand that organisations shed off old and redundant habits and work cultures that are not in keeping with changing environment, in favour of modern, globally bench marked and innovative methods that deliver tangibles results for the common good,” she said.
“Those who remain rigid and riveted to the methods of yesterday will inevitably fall away, while those who are amenable to new ideas and new opportunities will strive and excel.”
Zimbabwe’s phase of transformation also coincided with the 4th Industrial Revolution which requires chief executive officers who are techno-savvy, innovative and adaptable to fast paced change.
The double challenge made last night’s the award recipients doubly specially as they demonstrated exceptional abilities to navigate the complex terrain and had come out tops.