Thursday, March 1, 2012

Capital Investments: Pay-offs and Risks

Jean Ping the Deputy Prime Minister of Gabon w...Image via Wikipedia

Every organization, big or small, national or international, is prone to failures and may at times run bankrupt and shut down completely, or stagger for a while and make a complete come back to shine in the limelight again. Making organizations effective and flourishing depends on the type of leadership and approaches, and the manner of direction, guidance, and interaction among leadership, employees, stakeholders, and shareholders. According to Bryson (2004), Institutionalization of strategies can lead to people’s attention drifting else where. This is possible as humans have the tendency to change perspectives and visions regarding the present and the future. People see things differently and it is thus necessary to have focus on every aspect of project implementations. Just because a strategy has been put in place does not mean that things can’t turn around and cause a quagmire. Constant supervision of strategies in place and creating changes where applicable should be the best solution to staying on the right direction.

The African Union, the biggest decision maker of the African continent has various issues that need constant attention. For example, the subject of human rights, gender equality, and women empowerment need to be strengthened through communication, education, and inflexible mandates. Since Strategy Change is never conclusive once all plans are in place, creating an ongoing strategic management process helps alleviate unavoidable incidents. Constant evaluation and monitoring of existing networks could be helpful in unearthing and streamlining loopholes that emerge in the long run.

Having sufficient resources to cover policy implementations could be an added advantage in the case of human rights, gender imbalances, and women empowerment. Since the African Union is mainly dependent on economic powers for its upkeep, effective use of donated funds should be a priority by creating a healthy structure of accountability.
Misappropriation of funds by officials and petty theft can be dangerous if not contained at all cost.

The continent has been prone to civil and political conflicts for generations and there are no parameters in place to ensure nations live in peace and harmony. There must be expectations in every endeavor and desired outcomes must be cherished and protected at all times. Excessive red tape and bureaucracy that is holding back progress of vital sectors will have to be tackled and rules and regulations initiated so as to place a lid over embarrassing altercations among the top echelons and other office-bearers found to be absconding justice.

References

Bryson, J.M. (2004). Strategic Planning for Public and Nonprofit Organizations, 3rd Ed. San Francisco, CA: Jossey-Bass.
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