Renowned business leader Sir Sam Esson Jonah, is urging businesses to adopt a dual-strategy approach which focuses on long-term goals but making decisive short-term actions to navigate today’s competitive global landscape.
The former Chief Executive Officer (CEO) of AngloGold Ashanti says the world of business today requires business leaders to adopt a critical and strategic measures that will enhance business growth and sustainability.
The Ghanaian business mogul gave this advise when he spoke to business executives, academics, and students at the Gold Coast Leadership Conversation in Accra on Saturday on the theme, “Pioneering Leadership: Navigating Ghana’s Economic and Business Transformation.”
The event is a premier leadership development series organized by the University of Gold Coast.
The business mogul illustrated that companies such as Huawei are balancing long-term ambition with short-term actions. This he says, has accelerated their growth establishing them as competitive businesses in their respective industries hence calling on Ghanaian businesses to employ same.
“Look at where you want to take the business in the long term, and let all your decisions and actions be guided by that, using all the tools available to get there,” he stated.
He continued, “It has delivered significant results for businesses that implement it correctly and consistently. Most companies that have ignored it have struggled to sustain their operations.”
Beyond strategic planning, Sir Jonah also stressed the vital role of corporate governance in ensuring business sustainability.
“Strong governance structures are essential. Businesses that embrace good governance thrive, while those that neglect it struggle to survive,” he warned.
His insights serve as a call to action for Ghanaian and global business leaders to think ahead, execute effectively, and embrace sound governance to drive sustainable growth and economic transformation.
