“Most institutions such as the Graphic Communications Group Limited (GCGL), Ashesi University College and Unilever Ghana are doing well because they have got visionary leaders who are inspiring institutional growth,” he said to the Graphic Business on October 6 in Accra.
Prof. Adei was speaking after a leadership and mentorship conference by the Centre for Transformational Leadership in Africa (CTL-Africa) dubbed Live2Lead.
Live2Lead is a leadership development initiative designed to equip the youth with new perspectives, practical tools and key takeaways to help transform their lives.
Though the conference was held in Atlanta in the United States of America (USA), it was shared to a live audience in over 300 simulcast locations and cities around the world. This simulcast event is an annual leadership gathering developed by The John Maxwell Company.
World-class speakers such as Mr John Maxwell, Mr Dave Ramsey, Mr Warrick Dunn and Ms Cheryl Bachelda spoke at the event.
Prof. Adei said the private sector organisations must operate with transparency and accountability as their core principles in order to help transform their businesses.
He explained that, “Due to the leadership style of the outgoing Managing Director (MD) of GCGL, Mr Kenneth Ashigbey, the company has consistently been among the few state-owned enterprises (SOEs) that have been doing well over the years.”
“The most important key to Africa’s development is to improve leadership systems,” he said and called for an improved leadership style in order to help transform the country’s fortunes.
He, therefore, entreated civil society organisations to rise up against bad leadership in order to save the continent from being plunged futher into abject poverty.
Prof. Adei, who is presently with the Ashesi University College, said Ghana, and by extension the African continent, could improve its lots when mechanisms were instituted to check corruption and improve leadership and basic education.
The President of the Association of Ghana industries (AGI), Mr James Asare Adjei, for his part, said companies must incorporate the act of succession planning in their operations in order not to truncate its growth.
He explained that succession planning was a deliberate instrumentation of a company’s employee strength to meet the human capital needs of the organisation for the immediate term and continue into the long term in order to improve or maintain its market position.
“Through the succession planning process, companies develop their employees’ knowledge, skills and abilities and prepare them for advancement or promotion into evermore challenging roles in the organisation.
“Actively pursuing succession planning ensures that employees are constantly developed to fill roles in the organisation. As organisations expand or evolve, its succession planning guarantees that it has employees on hand, ready and waiting to fill the new roles,” Mr Adjei stated.