Secretary-General
The APO »  »  » Let us transform to succeed

Let us transform to succeed

To achieve growth and socioeconomic development, economies now need to shift from an extensive-growth strategy to a productivity-driven one.

by Dr. Santhi Kanoktanaporn

Change is an important aspect of remaining relevant, and transformation as an outcome must be planned meticulously. That is critical for success and to withstand technology-led disruptions at both economic and social levels while reaping the benefits that the digital economy offers.

In the last two years, the APO worked toward making change happen. We received widespread support in 2018 for adopting the spearhead model and applying contextual awareness, which helped us take the lead on our journey of change and innovation by applying a design-thinking approach to impactful initiatives. We started to train trainers in scenario-based, strategic planning tools to develop foresight practitioners who can then lead others.

During 2018, the APO strategic foresight movement gained steam after completion of the first-phase overview workshops in Bangkok, Manila, and Colombo between September and November. They will go a long way in building the foresight and scenario-planning capabilities of policymakers in member countries so that they can navigate the uncertain global environment and take informed, strategic decisions to sustain productivity growth.

As part of the initiative to help member countries in their journey of transformation and growth, we launched the Specific National Program (SNP). The SNP addresses the distinct needs of member countries to improve productivity and competitiveness for comprehensive socioeconomic growth. The first effort in the SNP series was completed with the handing over of the Cambodia National Productivity Master Plan 2020–2030 in December 2018. The master plan recommends strategic actions for driving Cambodia’s growth strategy, enabling it to achieve upper middle-income country status by 2030.

During the year, the APO also set up an Accreditation Body Council that will accredit national productivity organizations (NPOs) and affiliated organizations to certify productivity professionals. The council will serve as the highest decision-making body and be responsible for providing advice on the policies, guidelines, and strategies for accreditation and certification. The accreditation scheme was developed based on international standards to ensure the quality and relevance of programs offered. The initiative includes the development of new certification programs focusing on future-oriented strategic management or foresight.

One area of great concern over the year was the slow pace of change in the agriculture sector. While agriculture remains the mainstay of the majority of APO economies, it needs to catch up with fast-paced growth in other sectors. In 2018, we started to develop an Agricultural Transformation Framework to help member countries meet their future food needs. The framework will enable governments to modernize agricultural practices and ensure productivity growth in the sector for more inclusive, comprehensive socioeconomic growth.

The Agricultural Transformation Framework will also help member economies swiftly adapt agroindustry to the Industry 4.0 environment. Transforming the agriculture sector for higher productivity and improving food safety will create jobs, raise incomes, and kickstart the economy.

Economic growth as an outcome depends on how well governments align efforts to drive socioeconomic development. To achieve this, economies now need to shift from an extensive-growth strategy to a productivity-driven one. Unlike extensive growth, which relies on expansion of labor and capital resources to drive economic growth, and hence is subject to diminishing returns in the long run, the productivity-driven strategy focusses on efficient, effective use of resources to generate growth.

A national productivity-driven growth strategy must adopt a holistic approach to productivity management that addresses all the proximate factors and enablers affecting the country’s productivity, including those at the enterprise, sectoral, and overall economy levels. However, the approach requires productivity movement at a national level. As part of its initiative to galvanize this movement, the APO has started to work toward creating a comprehensive productivity movement framework that will help member countries focus on those factors and increase per capita GDP for a comprehensive socioeconomic transformation and well-being.

While transformation is key to growth, the focus on technology intervention enables better management of resources for higher productivity. It is also a major equalizer and driving force. It not only binds us together to achieve common goals but also helps us make the right decisions, while enabling proper execution, monitoring, and evaluation to become more productive and competitive. 2018 was a big year for us as we rolled out these transformative initiatives, and we aim to continue the momentum in the year ahead. The value we have created together for the region is unique, and we look forward to continuing our meaningful collaboration for many years to come.

We hope that 2019 brings you many wonderful moments to cherish, new successes to celebrate, and good health, happiness, and peace.

39 Comments

  1. I really liked your blog post.Much thanks again. Keep writing.

    Reply
  2. Usually posts some very exciting stuff like this. If youre new to this site.

    Reply
  3. although web sites we backlink to beneath are considerably not associated to ours, we really feel they may be basically really worth a go through, so have a look

    Reply
  4. that would be the end of this post. Right here you will discover some websites that we think you will enjoy, just click the hyperlinks over

    Reply
  5. that is the finish of this post. Right here youll obtain some web sites that we feel you will enjoy, just click the links over

    Reply
  6. check beneath, are some entirely unrelated internet sites to ours, even so, they may be most trustworthy sources that we use

    Reply
  7. one of our visitors a short while ago advised the following website

    Reply
  8. The details talked about in the write-up are a number of the best readily available

    Reply
  9. here are some hyperlinks to internet sites that we link to simply because we assume they are really worth visiting

    Reply
  10. the time to study or go to the material or internet sites we’ve linked to below the

    Reply
  11. we came across a cool web-site that you simply could get pleasure from. Take a appear when you want

    Reply
  12. we came across a cool internet site that you simply may love. Take a search in case you want

    Reply
  13. just beneath, are many totally not related web-sites to ours, on the other hand, they’re surely worth going over

    Reply
  14. that is the finish of this report. Right here youll locate some web sites that we consider you will enjoy, just click the links over

    Reply
  15. Every after inside a when we choose blogs that we read. Listed below are the latest web-sites that we decide on

    Reply
  16. we came across a cool web-site that you simply may possibly appreciate. Take a search if you want

    Reply
  17. just beneath, are various entirely not connected sites to ours, having said that, they are certainly worth going over

    Reply
  18. here are some links to internet sites that we link to for the reason that we consider they are really worth visiting

    Reply
  19. very few web-sites that take place to be comprehensive beneath, from our point of view are undoubtedly well really worth checking out

    Reply
  20. the time to study or stop by the content or web pages we’ve linked to beneath the

    Reply
  21. Here are some of the sites we suggest for our visitors

    Reply
  22. here are some links to web sites that we link to due to the fact we feel they are really worth visiting

    Reply
  23. always a massive fan of linking to bloggers that I really like but really don’t get a whole lot of link really like from

    Reply
  24. very handful of web-sites that come about to become comprehensive below, from our point of view are undoubtedly effectively worth checking out

    Reply
  25. always a big fan of linking to bloggers that I like but do not get a lot of link adore from

    Reply
  26. we came across a cool web site which you may well take pleasure in. Take a appear for those who want

    Reply
  27. always a significant fan of linking to bloggers that I enjoy but do not get a good deal of link adore from

    Reply
  28. we came across a cool internet site that you could get pleasure from. Take a search when you want

    Reply
  29. please check out the web-sites we stick to, which includes this one particular, because it represents our picks from the web

    Reply
  30. Here is a great Blog You might Discover Fascinating that we Encourage You

    Reply
  31. here are some links to sites that we link to simply because we assume they may be really worth visiting

    Reply
  32. we prefer to honor several other online websites on the net, even when they arent linked to us, by linking to them. Under are some webpages worth checking out

    Reply
  33. one of our guests lately suggested the following website

    Reply

Submit a Comment

Your email address will not be published. Required fields are marked *

 

METI bannerAsian Economy and Productivity MapAPO and Eco Products
Image is not available
Image is not available
Image is not available
Image is not available
Image is not available
Image is not available
FOLLOW US
Slider

Copyright Asian Productivity Organization  |  Sitemap  |  Terms of Use  |  Privacy Policy  |  Intranet  |  FAQs