Call to action: Digitise the Governance Frameworks across all state organisations
Dear President Ramaphosa
South Africa’s state organisation’s require a modern overhaul that embraces digital solutions to enhance transparency, accountability and efficiency. Digitising the governance frameworks in each State-Owned Entity (SOE) and State Owned Company (SOC) can serve as a catalyst for change, enabling the government to tackle the myriad governance challenges facing these organisations and pave the way for a stronger, more resilient nation.
Some simple but critical benefits include:
Digital tools and systems can enable real-time, accurate reporting on governance, performance and risk across all departments. This transparency ensures that decision-makers, including yourself, have up-to-date information, which is essential for effective oversight and the formulation of well-informed policies.
2. Optimised resource allocation
A digitised governance framework allows for more effective resource management, ensuring that critical departments -- such as governance, risk, compliance and audit -- are adequately equipped to carry out their mandates. The ability to track resource allocation and performance in real time will help prevent misallocation and ensure that public funds are used efficiently and effectively to support national priorities.
3. Improving employee engagement and retention
By adopting digital governance tools, the government can create a more collaborative, transparent, and rewarding environment for public servants. Engaged employees are key to effective governance, and digital platforms can facilitate clearer communication, goal setting and career development, helping to improve morale and reduce turnover.
4. Restoring national reputation and attracting investment
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A government that is proactive in adopting digitised governance practices signals to the international community that South Africa is committed to transparency, accountability and sound management. Strengthening our country’s global reputation will help make it more attractive to investors, partners and tourists. By addressing governance shortcomings head-on, we can mitigate reputational damage and restore trust in South Africa’s leadership.
5. Rebuilding stakeholder trust
A transparent and efficient governance system fosters robust relationships with key stakeholders, from citizens and businesses to international allies. By taking the lead on good governance and using data-driven approaches, trust can be restored and citizens are more likely to support national initiatives.
Call for leadership:
Mr. President, the need for effective governance reform in South Africa is urgent. By championing the digitisation of governance frameworks across all SOE/Cs, you can lead South Africa into a new era of transparency, accountability and sustainable growth. Such reforms will not only improve the government’s ability to serve its citizens, but also cement the foundations for long-term prosperity and global respect. Make South Africa an example of good governance in the 21st century.
With your leadership, South Africa can take the bold steps necessary to embed a governance system that serves all South Africans equitably and effectively.
Sincerely,
Terry Booysen
Chief Executive Officer
CGF Research Institute (Pty) Ltd
CEO at CGF Research Institute (Pty) Ltd
2wIt's been an interesting two weeks since having written this Open Letter to President Cyril Ramaphosa. Many leaders in the public and private sectors -- mostly on the African continent -- have contacted me seeking further information in respect of modernizing their #governance systems. This is very encouraging. Expectedly, a number of leaders were unaware of the existence of a digitised #governanceframework, and that it provides real-time updates of an organisation's governance activities using actual information across all the strategic and operational areas of the business, furthermore providing graphs, statistics and reports in respect of the organisation's #governanceperformance, and maturity. With these digital capabilities; all forms of governance discussions and associated activities become meaningful, and aligned with the strategic intent and direction of the organisation (and where relevant, bolstering their #Web2 - Web 3 transitioning). Whilst this has all been very exciting to see, from a personal perspective, it's been most interesting to see how academic leaders have responded when "lots of academic talk" is suddenly "put into action". A new era of governance has begun!
CEO @ Pétanque NXT | Strategy Designer, Process Improver , Ai & Blockchain enthusiast, C-Suite Advisor, Maverick Changemaker, EY Winning Women Entrepreneur
3wTerry Booysen - well stated!
Chair | Non-Executive Director | Bus. Strategy | Succession | Corporate Governance | Culture | Organisational Effectiveness | Strategic HR | Leadership | Human Development | Social Impact | Author of Best Seller
4wAmazing work Terry Booysen. Time for action on matters of effective and good governance #CallToAction
Founder and CEO | International Women Leadership Expert
4wWell done Terry Booysen, keep inspiring and innovating. Truly hoping your vision is heard. The Presidency of the Republic of South Africa 🇿🇦
Chief Executive Officer | CA(SA) GCB.D
1moTerry Booysen #Transparency and accurate reporting are the cornerstones of an ethical and well-governed society and are critical tools not just for #accountability, but in building and maintaining trust. Now is the time to bring about change that can make a real difference!