
Audio By Carbonatix
The Executive Chairman of the McDan Group of Companies, Dr. Daniel McKorley, has called on the government to involve industry players in its policymaking processes.
Speaking on Joy FM’s Super Morning Show on Wednesday, Dr. McKorley, also known as McDan, highlighted the importance of consultation and collaboration between the government and the private sector to ensure that policies are practical and beneficial.
In his view, the exclusion of business experts in policy design has often had significant hindrances to effective governance.
“Leadership has been one of our biggest problems in Ghana. Many a time, policies are made and the industry players are not involved.
“When policies are being enacted, I believe industry players must be consulted,” he told co-host Kojo Yankson on Wednesday.
According to him, the insights and experiences of successful entrepreneurs, especially those who have built their businesses from the ground up, are invaluable resources that the government should tap into when designing and implementing policies.
Dr. McKorley expressed frustration over the lack of consultation with business leaders, noting that their exclusion often leads to poorly designed policies that are doomed to fail.
“When policies are being enacted, I believe industry players must be consulted. We can support a sitting government in so many ways with our business ideas,” he said.
Dr. McKorley emphasised that industry veterans possess a wealth of knowledge that encompasses all aspects of building and sustaining a business, from the most challenging to the more straightforward parts.
“Some of us grew our business from the street, so we have the book; the soft, difficult, and the in-between parts of establishing a business,” he explained.
He recounted instances where he questioned the viability of certain policies, predicting their failure due to a lack of practical input from industry experts.
“I have never been consulted on a single policy. So it is difficult. I have seen many policies and I have questioned them. There are times I have said, ‘this is likely to fail’,” he said.
Dr. McKorley therefore urged the government to reconsider its approach and actively engage industry leaders in the policymaking process to create more effective and sustainable policies that can drive Ghana’s economic growth.
Latest Stories
-
Netherlands Fire Chief in Ghana to support fire safety reforms and market fire prevention efforts
5 hours -
Mason goes on remand for stealing
5 hours -
Gov’t cuts fuel taxes, deploys buses to curb impact of rising fuel prices
6 hours -
Interior Minister calls for intelligence-driven strategy as Ghana strengthens counter-terrorism efforts
6 hours -
Adenta Circuit Court remands Pastor William Gyimah over viral threats against Vice President
6 hours -
“We’ve implemented changes to prevent a repeat of the AFCON final” – CAF President Motsepe
6 hours -
Gov’t orders deployment of Metro Mass buses to cushion commuters amid fuel price hike
7 hours -
Key Indian state polls begin in test for Modi’s party
7 hours -
Playback: Gomoa Easter Carnival in photos
8 hours -
Gov’t orders removal of fuel taxes to ease pump price hikes
8 hours -
“Whatever the decision of CAS, we will respect it” – CAF President Motsepe after AFCON final meetings in Morocco
8 hours -
Emma Ankrah: When waiting becomes part of treatment – Reflections on hospital care
8 hours -
Ghana urges travellers to prepare for new EU border system roll-out
8 hours -
Mahama enforces fuel coupon ban for ministers as cabinet moves to slash fuel taxes
8 hours -
Task force probes strange fish deaths in Tema
8 hours