The Ghana Chamber of Commerce has held its 2nd CEOs Business Networking Cocktail where business owners, chief executive officers and high rank public officials gathered to network and share knowledge on key aspects of corporate management.
The gathering focused succession planning as a panacea for a corporate development and Ghana’s economy.
Tema Regional Chairman of the Chamber of Commerce, Isaac Barry, identified a poor state of succession planning as a bane to corporate organizations in Ghana, and called for renewed attention for chief executives to adopt a structured succession plan.
“Ghana could boast of a very vibrant manufacturing sector. The question is where are they now or better still what happened to them? Many factors can attest to this but key among them is lack of succession planning.”
Dr. Agyekum Addo, CEO of Kama Group of Companies, who lectured on succession planning, outlined mentorship, apprenticeship, investment in human resource as some pivotal decisions to embark on.
“Why don’t you make your organization so attractive to the young ones, to learn your management culture, the skills that you have so that they can also face the challenges that we have now,” he advised.
A deputy Minister of Trade, Carlos Ahenkorah in his keynote address, emphasized government’s commitment of assisting local industries to thrive by putting in place favorable policies for sustainability.
“The spirit inherent in the letters of the theme directly corroborate government’s economic transformation plan underpinned by program of rapid and aggressive industrialization and value addition especially, in agro processing and vibrant manufacturing,” he stated.
Sandra Opoku, Director of Tema Port, on her part said one of GPHA’s objectives is to facilitate trade, and always collaborate with stakeholders and align their business interests in its operations.
“As a port Authority also, what we do is to facilitate trade. And so we are interested in the commercial interest- what they need, and what their challenges are. So as we always seek to collaborate with our stakeholders so that as a port authority, we can achieve the best for our customers.