IDC: Prioritising Development Impact
CASE STUDY. The main purpose of the case is to examine, understand and analyse the role of finance in economic development.
IDC: Prioritising Development Impact: Abstract
IDC: Prioritising Development Impact is a case study by Thabang Mokoaleli-Mokoteli and Chijioke Oji.
As Geoffrey Qhena, chief executive officer (CEO) of the Industrial Development Corporation (IDC), sat in his office at the organisation’s headquarters in Johannesburg, reviewing details of the recently published annual report in preparation for a meeting with the board, he reflected on the state of the organisation he had led since 2005. Now it was October 2012 and, under his leadership, the performance of the organisation was generally lauded as impressive. Qhena wanted more, intending to grow the development impact of the IDC by increasing its minimum loans from R1 million to R5 million in 2013. He wondered how best to achieve this in the current environment of economic uncertainty.
The main purpose of the case is to examine, understand and analyse the role of finance in economic development.
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