State-owned enterprises: Catalysts for public value creation?

The motivations for state ownership can change over time, but state-owned enterprises (SOEs) appear to be an enduring feature of the economic landscape and will remain an influential force globally for some years to come. As such, it is important to ensure that – whether held nationally, regionally or locally – the state’s investments actually deliver the societal outcomes desired.

In this report, we look at how SOEs can be more actively owned and managed and, in particular, the need for leaders of the SOE of the future, particularly the board of directors and the executive team, to have:

  • Clarity – Clear understanding of the purpose and objectives of the SOE and their role in delivering this.
  • Capacity – Time and resources to conduct their role well.
  • Capability – Required and relevant expertise and experience to steer and manage the SOE.
  • Commitment to integrity – Serving the citizen for the purpose of societal value creation.