Business News of Friday, 2 June 2017

Source: thebftonline.com

Dr. Yamson calls for entrepreneurial revolution

Dr. Ishmael Yamson Dr. Ishmael Yamson

Renowned corporate strategy executive Ishmael Yamson has called for what he describes as an entrepreneurial revolution which would among other things reverse the dire macro-economic volatilities.

According to him, despite the vision inspired by the country’s first President, Osagyefo Dr. Kwame Nkrumah, a combination of factors have led to country running aground with nothing meaningful to show apart from years of inconsistent economic performance which have not been enough to save the country’s social and economic infrastructure.

In his welcome remarks at the Ishmael Yamson & Associates’ Business Roundtable held on Wednesday, Dr. Ishmael Yamson said: “We need to beat our path back to entrepreneurism and embrace those entrepreneurial principles that provide visionary thinking, have conscience, and create value.”

Dr. Yamson who chaired the event which had speakers such as Prof. Stephen Addei and Pastor Mensa Otabil among others, said the country must not give up in its pursuit of building a society underpinned by entrepreneurial principles.

“Failure is not a choice; future generations will not forgive us. Above all, let all of us, the administration, the private sector, public organisations and civil society institutions as well as individuals pursue our vocations with humility. When we succeed in doing all these things we can start an entrepreneurial revolution and change our destiny once and for all,” he added.

Dr. Yamson explained to make Ghana entrepreneurial, one of the themes that underpinned the President Akufo-Addo administration’s maiden budget, would require that people who take up responsibility to run the country’s affairs be it private and public, should be embedded with the core entrepreneurial principles of humility and discipline.

“To be entrepreneurial is not just about setting up a business or being enterprising, it is more than that. Among the many other core underpinnings it requires vision, it requires conscience, it requires a passion to create value and it requires equity. It is behavioral in concept and practical in action,” he added.

The fourth edition of the annual Business Roundtable was on the theme: Making Ghana Entrepreneurial.

Speakers at the roundtable used the opportunity to examine how government, policy makers, regulators, and the public sector can become entrepreneurial in their approach to the business of government and how they can, through the creation of a sustained enabling operating environment, effectively facilitate entrepreneurship by the private sector, the social sector, and other stakeholder institutions in Ghana.

The event also provided the opportunity for all the stakeholders to examine how they can become more entrepreneurial, more agile, and better able to assess risks; competitively leverage opportunities in the environment and become less dependent on political patronage.