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IIPPM To Help Reduce Waste In Public Sector

April 30, 2017
in Business
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The International Institute for Productivity and Public Management (IIPPM), an organization aimed at increasing productivity in both public and private sector institutions has announced measures aimed at reducing public sector waste.

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According to the organization, it will provide relevant data on all public institutions through comprehensive research to help them operate efficiently.

In an interview with Citi Business News, the Founding President and CEO of the institution, Mr. George Smith Graham said it will present its findings to government to help improve public sector works.

“We will present our findings to government for them to use it in running the public sector institutions,” he said.

He explained that the research that will be conducted will address different institutions and the challenges they face.

“Every institution is different and we need to move away from the thinking that every institution requires the same approach to increase their productivity and that’s what our research will also focus on,” he said.

Mr. Graham spoke to Citi Business News at the launch of the International Institute for Productivity and Public Management.

As part of the launch the institute in collaboration with FirstBanC and Strabsnet organized the maiden colloquium on productivity and public management, dubbed “Moving Ghana to a Higher Middle Income Economy: The Role of a Productive Workforce”.

As part of the findings of the colloquium, Ghana passed the World Bank classification of economies from a lower income country to a middle income country in 2011.

The findings also pointed out that Attaining the middle-income status is not an end in itself: but sustaining growth and making great strides towards a higher-middle income status must be the supreme goal.

It maintained that Ghana is still positioned at the lowest ebb of the middle-income category while her counterpart African countries like Botswana, South Africa, Angola and Gabon have already climbed to a higher middle-income status, making them comparable to countries like Malaysia and Singapore.

“With a Gross National Income (GNI) per capita of $1,820 as of 2015, the country still grapples with the challenge of low human capital development and extensive gaps in resource management,” it said.

It recommended that to propel the economy to next level of its social and economic transformation, there is the need to pay critical attention to productivity enhancement practices through; human capital development, management of national resources, accountability of public sector workers, effective development of private enterprises and reduction in corruption.

The colloquium also unearthed techniques of productivity enhancement as well as the resolution of pertinent issues in both public and private spheres through empirical studies.

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Tags: AngolaBanks - NECBotswanaBusiness_FinanceCitigroupEconomic Community of West African StateseconomyFirstBanCFounding President and CEOGabonGeorge Smith GrahamghanaInternational InstituteInternational Institute for Productivity and Public ManagementMalaysiaProduction economicsProductivitypublic managementSingaporeSouth AfricaStrabsnetWorld Bank

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