Strategic Approaches for Turning Malawi from Poverty to a Wealthy Nation

Learn the Turnaround Strategies for Transforming Malawi Economy

This book is a must-read book for everyone who would want to see Malawi transformed from poverty to a wealthy nation. The book was developed from a conviction that Malawi seriously needs a vibrant economic system that would create its own wealth in all subsectors of the economy. It is envisaged that if the strategic management principles and concepts presented in this book are applied, our nation will enjoy wealth because it will become wealthier. The solution to challenges facing Malawi require us to seriously rethink the crafting of a long-term vision and mission statement that should be directly linked with long-term development strategy and should be backed up by well-defined, long-term implementation of goals that will see both private and public sectors being adaptive, revolutionized, reconstructed, created, and recreated in some instances, and it should not forget the stakeholder management approach. To achieve this goal comes the three players that form the economy to participate in running the total economy. These players are the individuals (households), firms, and the state. The individuals and the firms form the microeconomics and the private sector while the state forms the macroeconomics and the public sector. This is a call for a vibrant private sector and a new public management. Topics include the following: Creation or recreation? The nations wealth Strategic moves for becoming wealthy The nature of the public and private sectors Creating vibrant private and public sector reforms