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South Africa: Public Sector - Moving Towards a Globally Integrated and Productivity Driven Future
Source: ttp://www.digitaljournal.com/
Source Date: Tuesday, October 01, 2013
Focus: Institution and HR Management
Country: South Africa
Created: Oct 01, 2013

Key African countries, like Algeria, Nigeria, Ethiopia, South Africa and Mauritius are making steady strides through the design and implementation of national growth strategies, and responsive governance. "Through continuous emphasis placed on improved market and business sophistication, Mauritius is on its way to becoming one of the top ten most business friendly locations in the world; while Ethiopia achieved its status as the 12th fastest growing economy globally in 2012 and could reach middle-income status by 2015, if it sustains its historic growth rate. This was achieved through its intense public investment rate - which is the third highest in the world - estimated at 25% of GDP in 2012," states Adri Grobler, Head of the Public Sector Division at Frost & Sullivan.
South Africa, which was ranked 52nd for global competitiveness aims for further improvement in this regard through economic diversification driven by targeted policy support and industrial financing. The Industrial Policy Action Plan (IPAP), for example, aims to systematically support sectors in distress (cluster 1, e.g. clothing and textiles), develop qualitative new areas of focus (cluster 2, e.g. oil and gas services) as well as sectors that could become areas of competitive advantage in the longer term (e.g. advanced manufacturing).
Social and institutional development is also fast becoming a priority for governments in Africa. Nigeria aims to strengthen public institutions and promote legitimacy. Algeria is devoting $114 billion; an enormous 40% of the resources made available via its Public Investment Plan 2010-2014, to human development (including health, education, housing, and water and sanitation) and a further 40% ($114 billion) on maintaining the national economic growth, specifically in infrastructure development and the improvement of the public sector.
Grobler concluded that 'with the considerable growth in Africa, the challenge for the public sector will be to maintain strong and sustainable gains in recent development through responsive measures and the implementation of innovative strategies'.
Frost & Sullivan's Global GIL Community continues to be the industry's only resource that supports CEOs and their management teams in critical decision-making, offering tools that help industry leaders in achieving the three essential objectives of Growth, Innovation and Leadership.
To learn more of our studies within public sector, and to attend the next Frost & Sullivan Growth Innovation Leadership (GIL: 2014 Africa) congress, please send an e-mail to Samantha James, Corporate Communications, at samantha.james@frost.com
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
• The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
• The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
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