BPC takes it on the chin as Maduo26 launches
The Botswana Power Corporation’s (BPC) Masa 2020 strategy, a five-year transformational programme, was not successfully implemented, BusinessMonitor has learnt.
Speaking at the launch of the new Maduo26 strategy last week, BPC board chairperson, Professor Oboetswe Motsamai said the Corporation failed to achieve the goals set in the previous strategy for various reasons. Masa 2020 strategy, which ended on March 31, 2021, envisaged the BPC as a profitable entity free from reliance on government.
The five-year strategy was a transformational journey to realise BPC’s vision of being a leading power utility in the region by 2020. It was aimed at turning the Corporation into a profitable and efficient entity by 2020. The themes incorporated within the strategy included financial turnaround, service delivery, SHERQ culture, organisational efficiency and service power supply.
However, BPC CEO, David Kgoboko said they took the failure as a lesson and they are now in a better position to leverage their strengths, capitalise on available opportunities and address the Corporation’s weaknesses amid all the identified external threats. “The learnings from the preceding strategy were crucial as they provided an opportunity for us to envision a new direction for the Corporation,” he said. “We then began formulating a new strategy to lead BPC into the future. The strategy development process also included a review of the preceding Masa 2020 strategy.
These allowed us to introspect and reflect on our achievements and shortcomings.” The new strategy focuses on delivering results aimed at ensuring that
BPC achieves its vision of being “a regional benchmark in electricity supply”.
Some of the key priority areas espoused in the five-year Maduo26 strategy are to achieve zero harm, attain financial sustainability, improve employee experience, asset management, and project management and generate excess power for “us to become a net exporter of power” to the region. Kgoboko said these focus areas will be realised through undertaking predictive maintenance, effective execution of projects, digitalisation of processes, and thus creating a high-performance culture that will ultimately make BPC a regional benchmark.
“Implementation of Maduo26 strategy started last year, soon after board approval and we have already made notable progress.
Some of the noteworthy improvements that have been realised so far are improved safety performance, improved internal control environment, and improved performance of our Morupule B Plant,” he said.
In addition, Kgoboko said they have also established a Projects Department to develop project execution capabilities and drive effective project implementation.