n Management Today - The journey begins here
|Article Title||The journey begins here|
|© Publisher:||Richard Havenga & Associates|
|Affiliations||1 Training Leadership Consulting|
|Publication Date||Nov 2011|
|Pages||6 - 11|
In May 2011, The International Institute for Management Development (IMD) released its World Competitive Rankings for 2011. This is an international measure of efficiency for both Government and Business. It measures, among other things, how well Government and Business are working together in the 59 ranked countries. This is especially relevant now as the latest rankings can be seen as a measure of how well each economy is bouncing back from the recent recession. The IMD reports that South Africa is ranked 52 out of 59 falling 8 positions from 44th to 52nd from 2010. An interesting comparison is that this leaves South Africa as the least competitive of the BRICS countries : Brazil-44, Russia-49, India-32, China-19.
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