GIPC hosts business executives

 

By Ekow Essabra-Mensah

The Ghana Investment Promotion Centre (GIPC) is collaborating with the Ministry of Finance and Economic Planning to host business executives from the private and public sectors at the Ghana Economic Outlook and Business Strategy Conference in Accra.

The conference, which is aimed at synchronising the business plans and strategies of companies and the business community in general with government policies and targets for the coming year, is also being supported by the World Bank, Ministry of Trade and Industry, the Dominion University College Business School, and The Africa Business Media.

Under the patronage of President John Dramani Mahama, the event is scheduled to take place on November 21st at the Accra International Conference Centre under the theme “Strategy for a Good Year 2013”.

The Acting President of the Dominion University College, Dr. Ekoww Spio-Gabrah, and the Director of Marketing and Public Relations at the GIPC, Mr. Edward Ashong-Lartey, announced this at a media conference in Accra.

Dr. Spio-Gabrah said: “Strategic planning for businesses is almost always in the last quarter of the year, so most companies will not develop their 2013 strategic planning in April, May or June -- taking into consideration global projections for interest rates, exchange rates, and inflation among others.”

He said it is important that institutions of learning in the country contribute to the process of encouraging much closer partnerships between the private sector and government, and that the right time to do this in the corporate and public calendar is when both groups are planning for the next year.

“If we want to retain our status as the fastest-growing economy in the world, then we need to change the way we do business in the country; and to do that, businesses need to synchronise their individual plans, targets and operational previews with government policies,” Dr. Spio-Gabrah said.

The conference is expected to attract the heads of key public sector institutions such as the Volta River Authority (VRA), the Electricity Company of Ghana (ECG), Ghana Civil Aviation Authority (GCAA), and the chief executives of companies in the Ghana Club 100 to outline their plans and business ideas for 2013.

 

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